Skip to content

Merit Medical Systems MMSI Q4 2024 Annual earnings

Reported February 25, 2025 · After market close

Revenue$355.2MBeat by $3.6M
EPS$0.93Beat by $0.11
Revenue estimate$351.5M
EPS estimate$0.82

Next report

Jul 30, 2026 (Today)
Revenue estimate$405.2M
EPS estimate$0.96

Financials

Q4 2024

Income statement

See full
Revenue$355.2M+9.4%
Gross profit$173.0M+14.9%
Operating income$36.6M+8.8%
Net income$27.9M+1.2%
EPS (diluted)$0.46-4.2%

Balance sheet

See full
Cash & equivalents$376.7M-35.8%
Total debt$794.7M-10.8%
Total equity$1.4B+14.8%
Total assets$2.4B+4.0%

Cash flow

See full
Operating cash flow$68.7M+10.4%
CapEx$3.5M-51.4%
Free cash flow$65.3M+18.4%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$5.64B+28.4%
Enterprise value$6.05B+29.0%
P/E46.8×+0.3×
P/S4.2×+0.7×

Profitability

See full
Gross margin47.4%+1.0pp
Operating margin11.5%+1.6pp
Net margin8.9%+1.4pp
FCF margin13.7%+4.9pp

Returns & leverage

See full
Return on equity9.3%+1.3pp
Debt / equity0.6×-0.2×
Current ratio4.3×-1.2×

Versus estimates

Ask the moment Merit Medical Systems reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Merit Medical Systems report Q4 2024 earnings?
Merit Medical Systems (MMSI) reported Q4 2024 earnings on February 25, 2025 after market close.
What were Merit Medical Systems's Q4 2024 revenue and EPS?
Merit Medical Systems reported revenue of $355.2M and eps of $0.93 for Q4 2024.
Did Merit Medical Systems beat estimates in Q4 2024?
Revenue beat the consensus estimate of $351.5M by $3.6M. EPS beat the consensus estimate of $0.82 by $0.11.
Where can I find Merit Medical Systems's Q4 2024 SEC filings?
You can read the 10-K periodic report (0000856982-25-000011) directly on SEC EDGAR. The filing index links above go to sec.gov.