Friday 6 November 2026 Export MMSI’s income statement to Excel — free account

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%

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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

Overview

Merit Medical Systems, Inc. (MMSI) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Merit Medical Systems, Inc. (MMSI) trades at a P/E ratio of 33.2×. Over the past ten years it has ranged from 0.0× (March 2021) to 721× (May 2021); the current reading is higher than 18% of that period. That is above the Medical Instruments & Supplies industry median of 30.3× and above the Healthcare sector median of 25.2×.

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<iframe src="https://stockrow.com/embed/MMSI/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Merit Medical Systems, Inc. P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/MMSI/metrics/pe-ratio">Merit Medical Systems, Inc. (MMSI) P/E ratio — stockrow.com</a></p>

Period	P/E ratio	Change
FY2025	40.6×	(13.07%)
FY2024	46.7×	0.33%
FY2023	46.6×	(12.34%)
FY2022	53.1×	(26.66%)
FY2021	72.4×	—
FY2020	0.0×	—
FY2019	347×	397.24%
FY2018	69.8×	(5.49%)
FY2017	73.8×	26.78%
FY2016	58.2×	69.12%

Period	P/E ratio	Change
Sep 2026	32.1×	13.37%
Jun 2026	28.3×	(3.51%)
Mar 2026	29.3×	(27.79%)
Dec 2025	40.6×	(1.91%)
43 more quarters	Free account

Against its own ten years

Low 0.0× High 721×

Ten-year median 49.1×

Current reading's percentile 6

Company	P/E ratio
PLSE Pulse Biosciences, Inc compare	n/m
MMED MiniMed Group, Inc. compare	n/m
BLCO Bausch + Lomb Corporation compare	n/m
TFX Teleflex Incorporated compare	n/m
NVST Envista Holdings Corporation compare	6.4×
STVN Stevanato Group S.p.A. compare	22.4×
MMSI Merit Medical Systems, Inc.	33.2×
ICUI ICU Medical, Inc. compare	69.3×
ATRC AtriCure, Inc. compare	199×
Medical Instruments & Supplies industry median	30.3×
Healthcare sector median	25.2×
Market median	17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

Merit Medical Systems, Inc. (MMSI) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on MMSI

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on MMSI

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