Merit Medical Systems Inc
MMSI
ISIN null / Valor 951136
Merit Medical Systems Inc
UMushroom community rating:
About company
Merit Medical Systems Inc, established in 1987, is a prominent manufacturer and distributor of disposable medical devices utilized in various interventional, diagnostic, and therapeutic procedures, with a focus on cardiology, radiology, oncology, critical care, and endoscopy. The company caters to hospitals and physicians globally, boasting a workforce of around 7,000 employees.
Summarized from source with an LLMView SourceSector: HealthcareLatest Results (19.11.2025):
Merit Medical Systems Inc reported strong Q3 2025 financial results, demonstrating solid revenue growth and profitability improvements versus Q3 2024. The company achieved a reported revenue of $384.2 million, a 13% increase year-over-year, supported by improvements in constant currency revenue, margins, and robust free cash flow generation over the first nine months of 2025.
Revenue Growth
For the third quarter of 2025, Merit Medical Systems Inc recorded $384.2 million in revenue, up 13% compared to the same quarter in 2024. Constant currency revenue increased by 12.5%, with organic constant currency revenue rising by 7.8%.
Profitability & Margins
Margins continued to improve with a GAAP operating margin of 11.1% (up slightly from 11.0%) and a non-GAAP operating margin of 19.7%, compared to 19.2% in Q3 2024. The GAAP gross margin increased to 48.5% from 46.4%, while non-GAAP gross margin improved to 53.6% from 50.9%.
Earnings Per Share
Merit reported a GAAP EPS of $0.46—a 3% decline compared to Q3 2024—while non-GAAP EPS improved to $0.92, up 6.7% from the prior year period.
Cash Flow Performance
The company generated $141.6 million in free cash flow over the first nine months of 2025, marking a 17.6% year-over-year increase. This strong cash performance supports its ongoing financial health and execution of growth initiatives.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
5164 M
Market cap (USD)
766,706
Daily traded volume (Shares)
97.21 / 95.94
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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