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Merit Medical Systems (MMSI) Gross Margin

Annual Gross Margin

46.44%
+1.34%+2.97%

December 31, 2023

Summary

Performance

1-Year Change

+2.97%

3-Year Change

+11.58%

5-Year Change

+3.85%

15-Year Change

+3.61%

MMSI Gross Margin Chart

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Highlights

Sector Rank

41.86%
MMSI annual gross profit margin is higher than 41.86% of companies in Healthcare sector

High & Low

All-time High

63.81%
MMSI annual gross profit margin is currently -27.22% below its historical high of 63.81%

3-Year Low

45.10%
MMSI annual gross profit margin is currently +2.97% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
MMSI previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

Feb 25, 2025
MMSI next annual earnings announcement is scheduled for Feb 25, 2025

OtherMMSIprofitabilitymetrics:

Annual Revenue

$1.26 B
MMSI annual revenue is $1.26 billion

Annual Gross Profit

$583.87 M
MMSI annual gross profit is $583.87 million

Annual Operating Margin

10.01%
MMSI annual operating profit margin is 10.01%

Annual Net Margin

7.51%
MMSI annual net profit margin is 7.51%

Quarterly Gross Margin

46.36%
-1.30%-2.73%

September 30, 2024

Summary

Performance

3-Month Change

-2.73%

1-Year Change

+2.77%

3-Year Change

+2.77%

5-Year Change

+8.19%

MMSI Quarterly Gross Margin Chart

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Highlights

Sector Rank

37.5%
MMSI quarterly gross profit margin is higher than 37.5% of companies in Healthcare sector

High & Low

All-time High

65.71%
MMSI quarterly gross profit margin is currently -29.45% below its historical high of 65.71%

3-Year Low

43.90%
MMSI quarterly gross profit margin is currently +5.60% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 30, 2024
MMSI previous earnings announcement was published on Sep 30, 2024

Next Quarterly Earnings Report Date

Feb 25, 2025
MMSI next earnings announcement is scheduled for Feb 25, 2025

OtherMMSIprofitabilitymetrics:

Quarterly Revenue

$339.85 M
MMSI quarterly revenue is $339.85 million

Quarterly Gross Profit

$157.53 M
MMSI quarterly gross profit is $157.53 million

Quarterly Operating Margin

10.99%
MMSI quarterly operating profit margin is 10.99%

Quarterly Net Margin

8.37%
MMSI quarterly net profit margin is 8.37%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

46.44%
MMSI annual gross profit margin is 46.44%

Annual Gross Profit

$583.87 M
MMSI annual gross profit is $583.87 million

Annual Revenue

$1.26 B
MMSI annual revenue is $1.26 billion

MMSI Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+3.0%+2.8%
3 y3 years+11.6%+2.8%
5 y5 years+3.9%+8.2%

MMSI Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-yearat high+3.0%-2.9%+5.6%
5 y5-yearat high+11.6%-2.9%+20.2%
alltimeall time-27.2%+316.7%-29.4%+29.2%

Merit Medical Systems Gross Margin History

DateAnnualQuarterly
Sep 2024
-
46.36%(-2.7%)
Jun 2024
-
47.66%(+1.6%)
Mar 2024
-
46.90%(+1.1%)
Dec 2023
46.44%(+3.0%)
46.39%(+2.8%)
Sep 2023
-
45.11%(-5.5%)
Jun 2023
-
47.74%(+2.7%)
Mar 2023
-
46.50%(+1.4%)
Dec 2022
45.10%(-0.1%)
45.86%(+2.4%)
Sep 2022
-
44.77%(-2.2%)
Jun 2022
-
45.79%(+4.3%)
Mar 2022
-
43.90%(-5.1%)
Dec 2021
45.16%(+8.5%)
46.25%(+2.5%)
Sep 2021
-
45.13%(+1.9%)
Jun 2021
-
44.28%(-1.5%)
Mar 2021
-
44.95%(+4.3%)
Dec 2020
41.62%(-4.2%)
43.09%(+3.1%)
Sep 2020
-
41.81%(+8.4%)
Jun 2020
-
38.57%(-9.5%)
Mar 2020
-
42.62%(-1.5%)
Dec 2019
43.46%(-2.8%)
43.28%(+1.0%)
Sep 2019
-
42.85%(-2.2%)
Jun 2019
-
43.82%(-0.2%)
Mar 2019
-
43.90%(-2.2%)
Dec 2018
44.72%(-0.2%)
44.87%(-2.5%)
Sep 2018
-
46.03%(+3.5%)
Jun 2018
-
44.49%(+2.6%)
Mar 2018
-
43.37%(-3.3%)
Dec 2017
44.82%(+2.1%)
44.87%(-0.1%)
Sep 2017
-
44.90%(-0.4%)
Jun 2017
-
45.10%(+1.6%)
Mar 2017
-
44.39%(-0.4%)
Dec 2016
43.89%(+0.9%)
44.55%(+3.1%)
Sep 2016
-
43.20%(-2.4%)
Jun 2016
-
44.25%(+1.7%)
Mar 2016
-
43.53%(-0.1%)
Dec 2015
43.49%(-1.6%)
43.57%(+0.1%)
Sep 2015
-
43.51%(-1.3%)
Jun 2015
-
44.09%(+3.2%)
Mar 2015
-
42.74%(-5.6%)
Dec 2014
44.19%(+2.1%)
45.29%(+1.6%)
Sep 2014
-
44.58%(+3.3%)
Jun 2014
-
43.16%(-1.1%)
Mar 2014
-
43.65%(-1.8%)
Dec 2013
43.28%(-6.2%)
44.46%(+0.4%)
Sep 2013
-
44.29%(+3.6%)
Jun 2013
-
42.76%(+3.4%)
Mar 2013
-
41.36%(-7.0%)
Dec 2012
46.16%(+0.3%)
44.47%(-5.9%)
Sep 2012
-
47.27%(+1.0%)
Jun 2012
-
46.78%(+1.3%)
Mar 2012
-
46.19%(-0.2%)
Dec 2011
46.03%(+6.3%)
46.27%(+2.0%)
Sep 2011
-
45.38%(-2.5%)
Jun 2011
-
46.56%(+1.4%)
Mar 2011
-
45.92%(+2.6%)
Dec 2010
43.30%(+2.5%)
44.77%(+4.8%)
Sep 2010
-
42.70%(-1.4%)
Jun 2010
-
43.31%(+2.7%)
Mar 2010
-
42.17%(+4.2%)
Dec 2009
42.26%(+2.9%)
40.47%(-5.3%)
Sep 2009
-
42.74%(-1.5%)
Jun 2009
-
43.41%(+2.1%)
Mar 2009
-
42.50%(+4.9%)
Dec 2008
41.06%(+6.9%)
40.51%(-0.5%)
Sep 2008
-
40.73%(-4.5%)
Jun 2008
-
42.66%(+5.8%)
Mar 2008
-
40.32%(+1.4%)
DateAnnualQuarterly
Dec 2007
38.40%(+0.2%)
39.77%(+1.7%)
Sep 2007
-
39.11%(+3.7%)
Jun 2007
-
37.71%(+2.1%)
Mar 2007
-
36.95%(-1.0%)
Dec 2006
38.33%(-7.6%)
37.32%(-3.5%)
Sep 2006
-
38.69%(-2.0%)
Jun 2006
-
39.48%(+4.3%)
Mar 2006
-
37.86%(-2.5%)
Dec 2005
41.48%(-7.0%)
38.82%(-4.8%)
Sep 2005
-
40.76%(-5.3%)
Jun 2005
-
43.06%(-0.7%)
Mar 2005
-
43.36%(-1.1%)
Dec 2004
44.58%(-0.2%)
43.86%(-1.5%)
Sep 2004
-
44.52%(-3.8%)
Jun 2004
-
46.27%(+6.1%)
Mar 2004
-
43.63%(-5.9%)
Dec 2003
44.67%(+7.0%)
46.39%(+0.2%)
Sep 2003
-
46.30%(+5.5%)
Jun 2003
-
43.90%(+5.0%)
Mar 2003
-
41.81%(-3.7%)
Dec 2002
41.74%(+14.0%)
43.41%(+1.4%)
Sep 2002
-
42.80%(+2.4%)
Jun 2002
-
41.80%(+7.5%)
Mar 2002
-
38.89%(+1.1%)
Dec 2001
36.62%(-4.2%)
38.46%(+1.6%)
Sep 2001
-
37.85%(+5.5%)
Jun 2001
-
35.89%(-6.9%)
Mar 2001
-
38.57%(+1.4%)
Dec 2000
38.21%(-11.6%)
38.02%(-1.9%)
Sep 2000
-
38.75%(+5.2%)
Jun 2000
-
36.83%(-6.3%)
Mar 2000
-
39.32%(-10.5%)
Dec 1999
43.21%(+2.6%)
43.93%(+1.6%)
Sep 1999
-
43.22%(+0.1%)
Jun 1999
-
43.16%(+1.8%)
Mar 1999
-
42.38%(+0.4%)
Dec 1998
42.11%(+0.1%)
42.20%(-0.8%)
Sep 1998
-
42.52%(+2.0%)
Jun 1998
-
41.67%(-0.4%)
Mar 1998
-
41.82%(-1.6%)
Dec 1997
42.08%(-10.0%)
42.50%(+4.6%)
Sep 1997
-
40.65%(-5.8%)
Jun 1997
-
43.14%(+2.6%)
Mar 1997
-
42.03%(-10.4%)
Dec 1996
46.73%(+3.1%)
46.92%(+1.0%)
Sep 1996
-
46.46%(0.0%)
Jun 1996
-
46.46%(-1.4%)
Mar 1996
-
47.11%(+9.3%)
Dec 1995
45.31%(-5.1%)
43.12%(-9.8%)
Sep 1995
-
47.79%(+4.4%)
Jun 1995
-
45.79%(+3.3%)
Mar 1995
-
44.33%(+1.2%)
Dec 1994
47.75%(-7.4%)
43.82%(-6.6%)
Sep 1994
-
46.91%(-7.3%)
Jun 1994
-
50.60%(+3.8%)
Mar 1994
-
48.75%(-3.8%)
Dec 1993
51.57%(-12.1%)
50.70%(+4.7%)
Sep 1993
-
48.44%(-6.3%)
Jun 1993
-
51.67%(-7.6%)
Mar 1993
-
55.93%(+2.2%)
Dec 1992
58.70%(-8.0%)
54.72%(-3.2%)
Sep 1992
-
56.52%(-9.2%)
Jun 1992
-
62.22%(+3.7%)
Mar 1992
-
60.00%(-8.7%)
Dec 1991
63.81%(+17.0%)
65.71%(+10.9%)
Sep 1991
-
59.26%
Dec 1990
54.55%(-354.5%)
-
Dec 1989
-21.43%
-

FAQ

  • What is Merit Medical Systems annual gross profit margin?
  • What is the all time high annual gross margin for Merit Medical Systems?
  • What is Merit Medical Systems annual gross margin year-on-year change?
  • What is Merit Medical Systems quarterly gross profit margin?
  • What is the all time high quarterly gross margin for Merit Medical Systems?
  • What is Merit Medical Systems quarterly gross margin year-on-year change?

What is Merit Medical Systems annual gross profit margin?

The current annual gross margin of MMSI is 46.44%

What is the all time high annual gross margin for Merit Medical Systems?

Merit Medical Systems all-time high annual gross profit margin is 63.81%

What is Merit Medical Systems annual gross margin year-on-year change?

Over the past year, MMSI annual gross profit margin has changed by +1.34% (+2.97%)

What is Merit Medical Systems quarterly gross profit margin?

The current quarterly gross margin of MMSI is 46.36%

What is the all time high quarterly gross margin for Merit Medical Systems?

Merit Medical Systems all-time high quarterly gross profit margin is 65.71%

What is Merit Medical Systems quarterly gross margin year-on-year change?

Over the past year, MMSI quarterly gross profit margin has changed by +1.25% (+2.77%)