What are Merit Medical Systems's profit margins?

Merit Medical Systems (MMSI) runs a 48.7% gross margin and a 12.2% operating margin, with a 9.0% net margin.

Where do Merit Medical Systems's ratios come from?

Every ratio is computed from Merit Medical Systems's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Merit Medical Systems MMSI Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	48.7%+1.3pp	47.4%+1.0pp	46.4%+1.3pp	45.1%-0.1pp
Operating margin	12.2%+0.7pp	11.5%+1.6pp	9.9%+2.2pp	7.6%+1.9pp
Net margin	8.5%-0.4pp	8.9%+1.4pp	7.5%+1.0pp	6.5%+2.0pp
EBITDA margin	20.3%+1.3pp	19%+2.0pp	17%+2.3pp	14.7%+1.2pp
Free cash flow margin	14.2%+0.5pp	13.7%+4.9pp	8.8%+2.8pp	6%-5.1pp
Returns
Return on equity	8.7%-0.7pp	9.3%+1.3pp	8%+1.2pp	6.8%+2.0pp
Return on assets	5%0.0pp	5.1%+0.3pp	4.7%+0.2pp	4.5%+1.6pp
Return on invested capital	7.4%-0.2pp	7.6%+0.3pp	7.3%+0.7pp	6.6%+2.5pp
Efficiency
Asset turnover	0.6×0.0×	0.6×-0.1×	0.6×-0.1×	0.7×0.0×
Inventory turnover	2.4×+0.1×	2.3×0.0×	2.4×-0.2×	2.6×-0.2×
Liquidity
Current ratio	4.3×+0.1×	4.3×-1.2×	5.4×+3.0×	2.4×+0.4×
Quick ratio	2.9×+0.1×	2.9×-1.1×	4×+2.8×	1.2×+0.1×
Cash ratio	1.9×+0.1×	1.7×-1.1×	2.9×+2.6×	0.3×0.0×
Leverage
Debt-to-equity	0.5×-0.1×	0.6×-0.2×	0.7×+0.5×	0.2×-0.1×
Debt-to-assets	0.3×0.0×	0.3×-0.1×	0.4×+0.2×	0.2×0.0×
Net debt / EBITDA	1.2×-0.4×	1.6×+0.2×	1.4×+0.2×	1.2×-0.5×
Interest coverage	7×+2.0×	5×-3.0×	8×-5.8×	13.8×+2.2×
Per Share
Book value per share	$26.20+12.8%	$23.24+12.8%	$20.60+3.8%	$19.84+9.5%
Valuation
Market capitalization	$5.23B-7.3%	$5.64B+28.4%	$4.39B+9.2%	$4.02B+14.3%
Enterprise value	$5.6B-7.5%	$6.05B+29.0%	$4.69B+11.0%	$4.23B+12.4%
Price / earnings	40.7×-6.2×	46.8×+0.3×	46.5×-7.4×	53.9×-18.6×
Price / sales	3.4×-0.7×	4.2×+0.7×	3.5×0.0×	3.5×+0.2×
Price / book	3.3×-0.8×	4.1×+0.4×	3.7×+0.1×	3.5×+0.1×
EV / EBITDA	18.2×-5.2×	23.4×+1.5×	21.9×-3.0×	25×-1.0×
EV / sales	3.7×-0.8×	4.5×+0.7×	3.7×+0.1×	3.7×+0.2×
Free cash flow yield	4.1%+0.8pp	3.3%+0.8pp	2.5%+0.8pp	1.7%-1.7pp
Earnings yield	2.5%+0.3pp	2.1%0.0pp	2.2%+0.3pp	1.9%+0.5pp
PEG ratio	6×+4.3×	1.7×0.0×	1.7×+0.7×	1×—

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Questions, answered.

What are Merit Medical Systems's profit margins?: Merit Medical Systems (MMSI) runs a 48.7% gross margin and a 12.2% operating margin, with a 9.0% net margin.
Where do Merit Medical Systems's ratios come from?: Every ratio is computed from Merit Medical Systems's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.