Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures, primarily in cardiology, radiology, oncology, critical care, and endoscopy. The company operates in two segments, Cardiovascular and Endoscopy. It provides peripheral intervention products for the diagnosis and treatment of diseases in peripheral vessels and organs; and cardiac intervention products, such as access, angiography, electrophysiology and cardiac rhythm management, fluid management, hemodynamic monitoring, hemostasis, and intervention to treat various heart conditions. The company also offers custom procedural solutions that include critical care products, disinfection protection systems, syringes, manifold kits, and trays and packs; coated tubes and wires; and sensor components for microelectromechanical systems. In addition, it provides pulmonary products that consist of laser-cut tracheobronchial stents, over-the-wire and direct visualization delivery systems, and dilation balloons to endoscopically dilate strictures; gastroenterology products; and kits and accessories for endoscopy and bronchoscopy procedures. The company sells its products to hospitals and alternate site-based physicians, technicians, and nurses through direct sales force, distributors, original equipment manufacturer partners, or custom procedure tray manufacturers in the United States and internationally. Merit Medical Systems, Inc. was incorporated in 1987 and is headquartered in South Jordan, Utah.

Merit Medical Systems, Inc.

Merit Medical is a manufacturer and marketer of proprietary disposable medical devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care, and endoscopy. The company serves client hospitals and physicians worldwide.

Metric
Company Name	Merit Medical Systems, Inc.
Symbol	MMSI
MSH ID	COM:MERIT
Market	STOCKS
Sector	Healthcare
Industry	Medical - Instruments & Supplies
Country	US
Stage
Employee Count	6.95K
Website	merit.com
LinkedIn
Founders

Metric
Market Cap	5.07B
Enterprise Value
Monthly Web Traffic	105.02K
Web Traffic Growth	0.09
Valuation
Raised Capital

Metric
Revenue	1.25B
Revenue (LTM)
Revenue (NTM)
Gross Profit	522.23M
EBITDA	223.22M
Operating Income	121.93M
Net Income	94.41M
EPS	1.64
Diluted EPS	1.62
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.45
Operating Profit Margin	0.11
EBITDA Margin	0.18
Net Profit Margin	0.09
Return on Equity	0.09
Return on Assets	18.47
Return on Capital Employed	0.07

COM:MERIT

Merit Medical

Last Close

105.03

22/11 21:00

Market Cap

5.07B

Beta: -

Volume Today

229.31K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	45.39
P/B Ratio	3.70
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	4.49
EV Multiple	21.32

Metric
Days Sales Outstanding	56.80
Days Payables Outstanding	27.09
Days Inventory Outstanding	161.30
Operating Cycle	216.30
Cash Conversion Cycle	187.28
Asset Turnover	232.30

Metric
Operating Cash Flow	145.15M
Free Cash Flow	108.45M
Cash Flow to Debt	0.27
Operating Cash Flow/Sales	0.17
Free Cash Flow Yield	0.02

Metric
Cash & Equivalents	589.14M
Accounts Receivable	-9.54M
Inventory	303.87M
Goodwill	382.24M
Debt to Capitalization	0.42
Debt to Assets	0.20
Current Ratio	3.13
Quick Ratio	4.64

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.02
R&D to Revenue	0.07
SG&A to Revenue