What is Merit Medical Systems's market cap?

Merit Medical Systems (MMSI) has a market capitalization of $5.6B and trades on NASDAQ.

What is Merit Medical Systems's revenue and profitability?

Merit Medical Systems generated $1.6B in trailing twelve-month revenue with net income of $160.1M, representing a net margin of 9.9%. Gross margin stands at 49.4%, with free cash flow of $203.6M. The latest reported period is Q3 2026.

Who are Merit Medical Systems's competitors?

Merit Medical Systems's key competitors include Teleflex Incorporated, Boston Scientific Corporation, Stryker Corporation, and others. These companies compete in similar markets and product categories.

Who does Merit Medical Systems partner with?

Merit Medical Systems's notable partners include Gallup, University of Utah.

What subsidiaries does Merit Medical Systems have?

Merit Medical Systems's subsidiaries include Merit Sensor Systems, Inc., Merit Medical Endotek.

Where is Merit Medical Systems headquartered?

Merit Medical Systems is headquartered in United States of America and employs approximately 6,950 people. It has been publicly traded since 1990.

Merit Medical Systems (MMSI) Stock Fundamentals & Financials

Merit Medical Systems is a leading manufacturer and marketer of proprietary medical devices used in interventional, diagnostic, and therapeutic procedures.

Market cap

$5.58B+8.0%

Revenue$1.6B+9.1%

Net income$160.1M+35.2%

Free cash flow$203.6M-1.6%

EPS (diluted)$2.67+36.9%

Trailing twelve months · change vs. prior year

Earnings

Q3 2026 report

October 29, 2026

Revenue$416.2MBeat by $5.7M EPS$1.12Beat by $0.08

Read the full report

Next report

Date not yet announced

Financials

Q3 2026

Income statement

See full

Revenue$416.2M+8.4%

Gross profit$200.6M+7.6%

Operating income$58.8M+37.9%

Net income$42.3M+52.4%

EPS (diluted)$0.70+52.2%

Balance sheet

See full

Cash & equivalents$503.6M+28.3%

Total debt$822.1M+0.1%

Total equity$1.7B+14.1%

Total assets$2.9B+11.2%

Cash flow

See full

Operating cash flow$65.3M-12.9%

CapEx$12.3M-45.0%

Free cash flow$52.9M+0.7%

Valuation & ratios

Valuation

See full

Market cap$5.58B+8.0%

Enterprise value$5.89B+10.3%

P/E34.8×-6.7×

P/S3.5×+0.1×

Profitability

See full

Gross margin49.4%+0.9pp

Operating margin13.5%+2.2pp

Net margin9.9%+1.9pp

FCF margin12.6%-1.4pp

Returns & leverage

See full

Return on equity9.8%+1.5pp

Debt / equity0.5×-0.1×

Current ratio4.5×+0.2×

Segments

By product

See full

Foundational Access$157.9M—

Foundational Original Equipment Manufacturer$46.3M—

Foundational Vascular Intervention$42.4M—

Therapeutic Vascular Intervention$35.8M—

Therapeutic Cardiac Therapies$27.5M—

By segment

See full

Single Reportable$416.2M—

Competitors

By market cap

Johnson & Johnson$662.49B+45.5%

Abbott$180.95B-16.5%

Medtronic$124.22B+6.5%

Stryker$119.58B-15.2%

Boston Scientific$61.9B-58.5%

TFX

Teleflex$6.0B+8.6%

Merit Medical Systems$5.6B+13.4%

AngioDynamics$519.4M+3.8%

By revenue growth

Merit Medical Systems+9.1%

Boston Scientific+8.9%

AngioDynamics+8.2%

Stryker+7.9%

Johnson & Johnson+7.8%

By net margin

Boston Scientific16.59%+2.2pp

Johnson & Johnson16.2%-11.1pp

Medtronic13.93%+0.3pp

Stryker13.78%+1.7pp

Merit Medical Systems9.94%+1.9pp

Abbott9.75%-22.1pp

AngioDynamics-10.12%+0.6pp

TFX

Teleflex-45.76%-56.9pp

Profile

Merit Medical Systems is a leading manufacturer and marketer of proprietary medical devices used in interventional, diagnostic, and therapeutic procedures. The company specializes in cardiology, radiology, oncology, critical care, and endoscopy, providing a diverse range of products that facilitate minimally invasive diagnosis and treatment. Its value proposition centers on being a customer-focused provider of high-quality medical tools and custom procedural solutions like kits and trays.

Competitive position

A leading global provider of digital and analog inflation technology, control syringes, and wire-free tumor localization systems.

GeographiesUnited States, China, Europe, Middle East, Africa, Asia, Oceania, Americas

Customer segmentsHospitals, Outpatient access centers, Integrated healthcare networks, Medical device manufacturers

Business modelManufacturing, Direct Sales, B2B, OEM

SuppliersPlastic injection molding suppliers, Tooling manufacturers, Raw material providers, Contract manufacturers

CustomersHospitals, Physicians, Custom procedure tray manufacturers, Medical device OEMs

CountryUnited States of America

Listed1990

Employees7.0K

CEOMartha Goldberg Aronson

SectorHealthcare

IndustryMedical - Instruments & Supplies

Websitemerit.com

FilingsSEC EDGAR

FAQ

What is Merit Medical Systems's market cap?: Merit Medical Systems (MMSI) has a market capitalization of $5.6B and trades on NASDAQ.
What is Merit Medical Systems's revenue and profitability?: Merit Medical Systems generated $1.6B in trailing twelve-month revenue with net income of $160.1M, representing a net margin of 9.9%. Gross margin stands at 49.4%, with free cash flow of $203.6M. The latest reported period is Q3 2026.
Who are Merit Medical Systems's competitors?: Merit Medical Systems's key competitors include Teleflex Incorporated, Boston Scientific Corporation, Stryker Corporation, and others. These companies compete in similar markets and product categories.
Who does Merit Medical Systems partner with?: Merit Medical Systems's notable partners include Gallup, University of Utah.
What subsidiaries does Merit Medical Systems have?: Merit Medical Systems's subsidiaries include Merit Sensor Systems, Inc., Merit Medical Endotek.
Where is Merit Medical Systems headquartered?: Merit Medical Systems is headquartered in United States of America and employs approximately 6,950 people. It has been publicly traded since 1990.

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