MMSI
MERIT MEDICAL SYSTEMS INCCompany Information
- Company Name
- MERIT MEDICAL SYSTEMS INC
- CIK
- CIK0000856982
- Category
- Large accelerated filer
- Ticker: Exchange
- MMSI: Nasdaq
- Fiscal Year End
- December 31
- Owner Organization
- 08 Industrial Applications and Services
- SIC
- 3841
- SIC Description
- Surgical & Medical Instruments & Apparatus
- Ticker
- MMSI
SEC filing data through
Insider Sentiment
- Last purchase
- 2026-05-11
- Last sale
- 2026-08-24
- Shares purchased (TTM)
- 9,376
- Shares sold (TTM)
- 98,949
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 61,687,318
- Shares outstanding
- 59,679,000
- Ownership
- 103.37%
Earnings Market Reaction
- Filing date
- 2026-07-30
- Price on filing date
- —
- 1-month reaction
- 8.91%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Developed Technology Rights | 18 | 454 | 453 | 343 | -305 | 396 | 378 | 53 | -261 | 334 | 321 | 13 | ||||||
| Other Intangible Assets | 3 | 96 | 96 | 3 | 3 | 88 | 85 | 2 | 2 | 79 | 77 | 2 | ||||||
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 449 | 488 | 446 | 392 | 342 | 396 | 377 | 523 | 637 | 582 | 587 | 59 | ||||||
| Accounts Receivable Net Current | 224 | 206 | 204 | 210 | 204 | 200 | 190 | 190 | 182 | 181 | 178 | 168 | ||||||
| Nontrade Receivables Current | 24 | 19 | 18 | 19 | 14 | 17 | 17 | 15 | 11 | 11 | 11 | 14 | ||||||
| Inventory Net | 374 | 352 | 334 | 327 | 323 | 318 | 306 | 311 | 298 | 303 | 304 | 304 | ||||||
| Prepaid Expense And Other Assets Current | 33 | 29 | 31 | 31 | 30 | 25 | 29 | 27 | 26 | 24 | 24 | 28 | ||||||
| Prepaid Taxes | 5 | 5 | 5 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | ||||||
| Income Taxes Receivable | 3 | 2 | 2 | 2 | 6 | 0 | 2 | 8 | 4 | 0 | 1 | 9 | ||||||
| Assets Current | 1,112 | 1,102 | 1,040 | 986 | 923 | 959 | 924 | 1,078 | 1,163 | 1,105 | 1,108 | 585 | ||||||
Property Plant And Equipment Net | ||||||||||||||||||
| Land | 30 | 30 | 30 | 30 | 30 | 27 | 26 | 26 | 26 | 26 | 26 | 26 | ||||||
| Buildings And Improvements Gross | 200 | 199 | 200 | 199 | 199 | 194 | 192 | 192 | 191 | 191 | 191 | 191 | ||||||
| Machinery And Equipment Gross | 371 | 368 | 365 | 357 | 353 | 345 | 341 | 335 | 330 | 328 | 317 | 314 | ||||||
| Furniture And Fixtures Gross | 63 | 61 | 61 | 64 | 64 | 63 | 61 | 67 | 65 | 64 | 63 | 66 | ||||||
| Leasehold Improvements Gross | 66 | 66 | 65 | 62 | 61 | 59 | 59 | 59 | 59 | 54 | 54 | 53 | ||||||
| Construction In Progress Gross | 97 | 91 | 83 | 83 | 75 | 64 | 59 | 67 | 61 | 58 | 61 | 60 | ||||||
| Property Plant And Equipment Gross | 827 | 817 | 805 | 796 | 782 | 752 | 738 | 746 | 732 | 721 | 713 | 711 | ||||||
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment | -390 | -383 | -376 | -378 | -372 | -361 | -352 | -356 | -346 | -337 | -329 | -327 | ||||||
| Property Plant And Equipment Net | 437 | 434 | 428 | 418 | 410 | 390 | 386 | 390 | 386 | 384 | 384 | 383 | ||||||
Intangible Assets Net Goodwill And Other Assets Noncurrent | ||||||||||||||||||
| Goodwill | 540 | 503 | 507 | 507 | 505 | 464 | 464 | 399 | 381 | 382 | 382 | 381 | ||||||
| Deferred Income Tax Assets Net | 7 | 7 | 7 | 16 | 16 | 16 | 16 | 7 | 7 | 7 | 7 | 6 | ||||||
| Operating Lease Right Of Use Asset | 84 | 86 | 88 | 88 | 89 | 88 | 66 | 69 | 70 | 73 | 63 | 64 | ||||||
| Other Assets Noncurrent | 72 | 75 | 78 | 77 | 81 | 72 | 65 | 62 | 62 | 59 | 55 | 49 | ||||||
| Assets | 2,864 | 2,719 | 2,686 | 2,631 | 2,586 | 2,468 | 2,419 | 2,378 | 2,372 | 2,326 | 2,325 | 1,809 | ||||||
Liabilities Current | ||||||||||||||||||
| Accounts Payable Trade Current | 71 | 68 | 61 | 65 | 69 | 64 | 69 | 61 | 56 | 48 | 66 | 49 | ||||||
| Accrued Liabilities Current | 172 | 123 | 159 | 147 | 140 | 119 | 134 | 127 | 118 | 113 | 120 | 119 | ||||||
| Long Term Debt Current | - | - | - | - | - | - | - | - | - | - | - | 4 | ||||||
| Operating Lease Liability Current | 11 | 11 | 11 | 11 | 10 | 9 | 10 | 11 | 12 | 12 | 12 | 12 | ||||||
| Accrued Income Taxes Current | 11 | 15 | 9 | 8 | 6 | 5 | 3 | 2 | 1 | 9 | 5 | 4 | ||||||
| Liabilities Current | 265 | 217 | 240 | 230 | 226 | 197 | 216 | 201 | 186 | 183 | 204 | 187 | ||||||
| Long Term Debt Noncurrent | 736 | 735 | 734 | 733 | 732 | 731 | 730 | 751 | 801 | 800 | 823 | 282 | ||||||
| Deferred Income Tax Liabilities Net | 40 | 20 | 20 | 27 | 27 | 0 | 0 | 6 | 6 | 6 | 6 | 18 | ||||||
| Accrued Income Taxes Noncurrent | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | ||||||
| Liability For Uncertain Tax Positions Noncurrent | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| Deferred Compensation Liability Classified Noncurrent | 19 | 17 | 18 | 17 | 20 | 19 | 19 | 19 | 19 | 18 | 17 | 16 | ||||||
| Contract With Customer Liability Noncurrent | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| Operating Lease Liability Noncurrent | 73 | 75 | 77 | 78 | 78 | 78 | 55 | 57 | 58 | 60 | 56 | 57 | ||||||
| Other Liabilities Noncurrent | 47 | 25 | 10 | 13 | 12 | 12 | 15 | 17 | 16 | 15 | 14 | 14 | ||||||
| Liabilities | 1,184 | 1,093 | 1,102 | 1,102 | 1,098 | 1,040 | 1,039 | 1,055 | 1,089 | 1,086 | 1,123 | 579 | ||||||
Stockholders Equity Including Portion Attributable To Noncontrolling Interest | ||||||||||||||||||
| Preferred Stock Value | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | ||||||
| Common Stock Value | 784 | 769 | 764 | 747 | 735 | 718 | 703 | 669 | 659 | 649 | 638 | 695 | ||||||
| Retained Earnings Accumulated Deficit | 904 | 865 | 824 | 786 | 758 | 726 | 696 | 668 | 639 | 603 | 575 | 548 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -8 | -8 | -4 | -4 | -5 | -15 | -19 | -13 | -15 | -12 | -11 | -13 | ||||||
| Stockholders Equity | 1,680 | 1,627 | 1,584 | 1,529 | 1,488 | 1,428 | 1,379 | 1,323 | 1,282 | 1,240 | 1,202 | 1,230 | ||||||
| Liabilities And Stockholders Equity | 2,864 | 2,719 | 2,686 | 2,631 | 2,586 | 2,468 | 2,419 | 2,378 | 2,372 | 2,326 | 2,325 | 1,809 | ||||||
| Allowance For Doubtful Accounts Receivable Current | 11 | 10 | 10 | 10 | 10 | 11 | 10 | 9 | 9 | 9 | 9 | 9 | ||||||
| Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | ||||||
| Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Common Stock Par Or Stated Value Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Common Stock Shares Authorized | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | ||||||
| Common Stock Shares Issued | 60 | 60 | 59 | 59 | 59 | 59 | 59 | 58 | 58 | 58 | 58 | 58 | ||||||
| Shares Outstanding | 60 | 60 | 59 | 59 | 59 | 59 | 59 | 58 | 58 | 58 | 58 | 58 | ||||||
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Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialMERIT MEDICAL SYSTEMS INC (MMSI) — SEC Financial Statements & Analysis
MERIT MEDICAL SYSTEMS INC (MMSI) is a surgical & medical instruments & apparatus company, incorporated in UT. MERIT MEDICAL SYSTEMS INC trades on Nasdaq as: MMSI. MERIT MEDICAL SYSTEMS INC (MMSI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-30. Based on that filing, MERIT MEDICAL SYSTEMS INC carries a market cap of $4.14B, a P/E ratio of 28.43x, a P/B ratio of 2.46x, a P/S ratio of 2.62x, an enterprise value of $4.42B, and an EV/EBITDA multiple of 13.58x. On profitability, it posts a gross margin of 49.51%, an operating margin of 12.75%, a net margin of 9.22%, a Return on Equity (ROE) of 9.19%, a Return on Assets (ROA) of 5.34%, and a Return on Invested Capital (ROIC) of 7.73%. Per share, it reports EPS of $2.44, diluted EPS of $2.43, free cash flow per share of $3.40, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of 10.19% year-over-year, net income growth of 22.20% year-over-year, and EPS growth of 21.09% year-over-year. On the balance sheet, it maintains a current ratio of 4.20x, a quick ratio of 2.66x, working capital of $847.30M, a debt-to-equity ratio of 0.70x, a debt ratio of 0.41, an interest coverage ratio of 6.34x, free cash flow of $203.21M (TTM), and net debt of $285.35M. Figures sourced from SEC EDGAR.
- Market Cap
- $4.14B
- P/E TTM
- 28.43x
- EPS TTM
- $2.44
- P/B TTM
- 2.46x
- ROE TTM
- 9.19%
- ROA TTM
- 5.34%
- Debt To Equity
- 0.70x
- Free Cash Flow TTM
- $203.21M
- Net Revenue TTM Growth 1Y
- 10.19%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is MERIT MEDICAL SYSTEMS INC in?
MERIT MEDICAL SYSTEMS INC (MMSI) operates in the Surgical & Medical Instruments & Apparatus industry.
What exchange does MMSI trade on?
MERIT MEDICAL SYSTEMS INC (MMSI) trades on the Nasdaq.
Where is MERIT MEDICAL SYSTEMS INC incorporated?
MERIT MEDICAL SYSTEMS INC is incorporated in UT.
When was MERIT MEDICAL SYSTEMS INC (MMSI)'s most recent SEC filing?
MERIT MEDICAL SYSTEMS INC (MMSI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-30.
What is MMSI's market cap?
MERIT MEDICAL SYSTEMS INC (MMSI) has a market capitalization of $4.14B as of 2026-06-30.
What is MMSI's P/E ratio?
MERIT MEDICAL SYSTEMS INC (MMSI)'s trailing twelve month P/E ratio is 28.43x as of 2026-06-30.
What is MMSI's EPS (earnings per share)?
MERIT MEDICAL SYSTEMS INC (MMSI)'s trailing twelve month EPS is $2.44 as of 2026-06-30.
What is MMSI's ROE (return on equity)?
MERIT MEDICAL SYSTEMS INC (MMSI)'s trailing twelve month Return on Equity (ROE) is 9.19% as of 2026-06-30.
What is MMSI's ROA (return on assets)?
MERIT MEDICAL SYSTEMS INC (MMSI)'s trailing twelve month Return on Assets (ROA) is 5.34% as of 2026-06-30.
What is MMSI's ROIC (return on invested capital)?
MERIT MEDICAL SYSTEMS INC (MMSI)'s trailing twelve month Return on Invested Capital (ROIC) is 7.73% as of 2026-06-30.
What is MMSI's EV/EBITDA?
MERIT MEDICAL SYSTEMS INC (MMSI)'s trailing twelve month EV/EBITDA is 13.58x as of 2026-06-30.