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) Return on equity

Alert me on Return on equity

Merit Medical Systems, Inc.'s return on equity over the twelve months to 30 September 2026 was 9.78%, up 1.1 percentage points from fiscal 2025 (8.67%). Over the past ten years it has ranged from −1.03% (fiscal 2020) to 9.33% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Medical Instruments & Supplies industry median of 0.00% and above the Healthcare sector median of −26.3%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 8.67% (0.66)
FY2024 9.33% 1.28
FY2023 8.05% 1.23
FY2022 6.82% 1.97
FY2021 4.85% 5.88
FY2020 −1.03% (1.61)
FY2019 0.58% (4.64)
FY2018 5.22% 0.53
FY2017 4.69% 0.52
FY2016 4.17% (1.11)

Against its own ten years

Low −1.03% High 9.33%
Ten-year median 5.22%
Current reading's percentile 91

Return on equity against peers

Company Return on equity
NVST Envista Holdings Corporation compare 20.5%
MMSI Merit Medical Systems, Inc. 9.78%
STVN Stevanato Group S.p.A. compare 9.22%
ATRC AtriCure, Inc. compare 2.95%
ICUI ICU Medical, Inc. compare 2.79%
MMED MiniMed Group, Inc. compare 0.00%
BLCO Bausch + Lomb Corporation compare −1.71%
TFX Teleflex Incorporated compare −28.9%
PLSE Pulse Biosciences, Inc compare −60.7%
Medical Instruments & Supplies industry median 0.00%
Healthcare sector median −26.3%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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