Merit Medical Systems, Inc.

MMSI Healthcare Medical Instruments & Supplies

Merit Medical Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 11.8% from fiscal 2024.

Revenue
+8.35%
EPS
+50.5%
Free cash flow
+50.2%
Total debt
+0.61%

Quarter to September 2026, against a year earlier

89.23 1.40 −1.54%
Market cap
$5.4B
P/E
33.2×
Fwd P/E
30.7×
Dividend yield
—
F-score
7/9
Altman Z
4.42
Beneish M
−2.70
Dividend safety
n/a

Merit Medical Systems, Inc. (MMSI) EBITDA

Alert me on EBITDA

Merit Medical Systems, Inc.'s EBITDA for fiscal 2025 was $324.9M, up 17.3% from $277.1M in fiscal 2024. Over the twelve months to 30 September 2026 it was $359.6M. Over the past ten years it has ranged from $75.8M (fiscal 2015) to $324.9M (fiscal 2025) — the current reading is the highest in ten years. EBITDA has risen for 5 consecutive fiscal years. Merit Medical Systems, Inc. ranks 16th of 47 Medical Instruments & Supplies companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 $324.9M 17.26%
FY2024 $277.1M 22.15%
FY2023 $226.8M 25.85%
FY2022 $180.3M 14.67%
FY2021 $157.2M 48.68%
FY2020 $105.7M (12.17%)
FY2019 $120.4M (6.56%)
FY2018 $128.8M 47.75%
FY2017 $87.2M 9.79%
FY2016 $79.4M 4.79%

Quarterly newest first

Period EBITDA Change
Sep 2026 $95.0M (0.80%)
Jun 2026 $95.8M 21.37%
Mar 2026 $78.9M (12.25%)
Dec 2025 $89.9M 14.91%
43 more quarters

Against its own ten years

Low $75.8M High $324.9M
Ten-year median $128.8M
Current reading's percentile 100

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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