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Saturday 17 October 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. In the quarter to June 2026, revenue grew 9.51%, EPS grew 18.2%, free cash flow fell 25.7% and total debt was flat, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

89.20 0.37 −0.41%
Market cap
$5.4B
P/E
36.4×
Fwd P/E
23.4×
Dividend yield
—
F-score
7/9
Altman Z
4.42
Beneish M
−2.70
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

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

Alert me on P/E ratio

As of 16 October 2026, Merit Medical Systems, Inc. (MMSI) trades at a P/E ratio of 36.4×. Over the past ten years it has ranged from 0.0× (March 2021) to 721× (May 2021); the current reading is higher than 23% of that period. That is above the Medical Instruments & Supplies industry median of 33.8× and above the Healthcare sector median of 23.0×.

P/E ratio, daily

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Annual newest first

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%

Quarterly newest first

Period P/E ratio Change
Jun 2026 28.3× (3.51%)
Mar 2026 29.3× (27.79%)
Dec 2025 40.6× (1.91%)
Sep 2025 41.4× (10.08%)
42 more quarters

Against its own ten years

Low 0.0× High 721×
Ten-year median 49.2×
Current reading's percentile 9

P/E ratio against peers

Company P/E ratio
PLSE Pulse Biosciences, Inc compare n/m
BLCO Bausch + Lomb Corporation compare n/m
TFX Teleflex Incorporated compare n/m
ATR AptarGroup, Inc. compare 22.2×
STVN Stevanato Group S.p.A. compare 33.8×
MMSI Merit Medical Systems, Inc. 36.4×
NVST Envista Holdings Corporation compare 38.8×
ICUI ICU Medical, Inc. compare 136×
WRBY Warby Parker Inc. compare 334×
Medical Instruments & Supplies industry median 33.8×
Healthcare sector median 23.0×
Market median 18.1×

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 →

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