stockrowMerit 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
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Merit Medical Systems, Inc. (MMSI) Operating cash flow
Merit Medical Systems, Inc.'s operating cash flow for fiscal 2025 was $297.4M, up 34.7% from $220.8M in fiscal 2024. Over the twelve months to 30 September 2026 it was $273.7M. Over the past ten years it has ranged from $53.6M (fiscal 2016) to $297.4M (fiscal 2025) — the current reading is the highest in ten years. Operating cash flow has risen for 3 consecutive fiscal years. Merit Medical Systems, Inc. ranks 17th of 51 Medical Instruments & Supplies companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $297.4M | 34.68% |
| FY2024 | $220.8M | 52.12% |
| FY2023 | $145.2M | 27.00% |
| FY2022 | $114.3M | (22.37%) |
| FY2021 | $147.2M | (10.91%) |
| FY2020 | $165.3M | 112.39% |
| FY2019 | $77.8M | (10.08%) |
| FY2018 | $86.5M | 37.95% |
| FY2017 | $62.7M | 17.03% |
| FY2016 | $53.6M | (22.83%) |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Sep 2026 | $65.3M | (5.78%) |
| Jun 2026 | $69.3M | 70.29% |
| Mar 2026 | $40.7M | (58.70%) |
| Dec 2025 | $98.5M | 31.38% |
| 43 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| BLCO Bausch + Lomb Corporation compare | $554.0M |
| NVST Envista Holdings Corporation compare | $301.8M |
| STVN Stevanato Group S.p.A. compare | $289.2M |
| ICUI ICU Medical, Inc. compare | $279.2M |
| MMSI Merit Medical Systems, Inc. | $273.7M |
| TFX Teleflex Incorporated compare | $129.3M |
| ATRC AtriCure, Inc. compare | $68.5M |
| PLSE Pulse Biosciences, Inc compare | −$63.3M |
| MMED MiniMed Group, Inc. compare | −$134.0M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
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