Merit Financial Statements From 2010 to 2025

MMSI Stock  USD 103.15  1.12  1.10%   
Merit Medical financial statements provide useful quarterly and yearly information to potential Merit Medical Systems investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Merit Medical financial statements helps investors assess Merit Medical's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Merit Medical's valuation are summarized below:
Gross Profit
620.9 M
Profit Margin
0.0905
Market Capitalization
5.9 B
Enterprise Value Revenue
4.7718
Revenue
1.3 B
We have found one hundred twenty available fundamental ratios for Merit Medical, which can be analyzed and compared to other ratios and to its peers in the industry. Traders should compare all of Merit Medical last-minute fundamentals against the fundamentals between 2010 and 2025 to make sure the company is sustainable this year. The Merit Medical's current Market Cap is estimated to increase to about 3.8 B. The Merit Medical's current Enterprise Value is estimated to increase to about 4 B

Merit Medical Total Revenue

1.52 Billion

Check Merit Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Merit Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 122.3 M, Interest Expense of 18.7 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 2.66, Ptb Ratio of 3.6 or Days Sales Outstanding of 64.66. Merit financial statements analysis is a perfect complement when working with Merit Medical Valuation or Volatility modules.
  
Check out the analysis of Merit Medical Correlation against competitors.

Merit Medical Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.8 B2.7 B1.4 B
Slightly volatile
Short and Long Term Debt Total1.1 BB405.2 M
Slightly volatile
Other Current Liabilities145.4 M138.5 M76.9 M
Slightly volatile
Total Current Liabilities245.8 M234.1 M139.5 M
Slightly volatile
Total Stockholder Equity1.5 B1.4 B767.7 M
Slightly volatile
Property Plant And Equipment Net539.2 M513.6 M336 M
Slightly volatile
Net Debt367.5 M350 M257.9 M
Slightly volatile
Non Current Assets Total1.5 B1.4 B884.9 M
Slightly volatile
Net Receivables228.5 M217.7 M124.5 M
Slightly volatile
Common Stock Shares Outstanding39.5 M67.1 M48 M
Slightly volatile
Liabilities And Stockholders Equity2.8 B2.7 B1.4 B
Slightly volatile
Non Current Liabilities Total1.1 B1.1 B444.4 M
Slightly volatile
Inventory366.9 M349.5 M177.5 M
Slightly volatile
Other Current Assets31.6 M30.1 M16.7 M
Slightly volatile
Total Liabilities1.4 B1.3 B583.8 M
Slightly volatile
Property Plant And Equipment Gross936.5 M891.9 M433.3 M
Slightly volatile
Total Current Assets1.3 B1.3 B466.6 M
Slightly volatile
Short Term Debt10.5 M13.9 M15.8 M
Slightly volatile
Intangible Assets393.5 M374.8 M243.1 M
Slightly volatile
Cash708.8 M675.1 M147.3 M
Slightly volatile
Cash And Short Term Investments711.4 M677.5 M147.7 M
Slightly volatile
Accounts Payable79.6 M75.8 M45.2 M
Slightly volatile
Non Currrent Assets Other43.1 M41.1 M24.5 M
Slightly volatile
Common Stock Total Equity815.3 M776.5 M426.8 M
Slightly volatile
Common Stock770.6 M733.9 M419 M
Slightly volatile
Other Liabilities35.4 M60.3 M52.2 M
Slightly volatile
Other Assets25.7 M36.7 M37.3 M
Slightly volatile
Long Term Debt993.8 M946.5 M365 M
Slightly volatile
Good Will461.6 M439.6 M268.9 M
Slightly volatile
Property Plant Equipment462.4 M440.4 M315 M
Slightly volatile
Current Deferred Revenue3.9 M4.6 M3.1 M
Slightly volatile
Net Tangible Assets614.3 M585 M276.5 M
Slightly volatile
Long Term Debt Total281.4 M214.8 M233.9 M
Slightly volatile
Long Term Investments12.1 M21.9 M9.9 M
Slightly volatile
Non Current Liabilities Other33.8 M18.1 M27 M
Slightly volatile
Deferred Long Term Asset Charges1.9 M2.1 M2.2 M
Pretty Stable
Short and Long Term Debt9.4 M10.1 M11.1 M
Very volatile
Net Invested Capital1.5 B2.3 B1.3 B
Slightly volatile
Net Working Capital1.1 BB373 M
Slightly volatile
Capital Stock681.9 M733.9 M606.6 M
Slightly volatile
Capital Lease Obligations60.7 M61.5 M78.7 M
Slightly volatile

Merit Medical Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization122.3 M116.5 M65.9 M
Slightly volatile
Total Revenue1.5 B1.4 B804.8 M
Slightly volatile
Other Operating Expenses1.4 B1.3 B742.1 M
Slightly volatile
Cost Of Revenue813.2 M774.5 M443.1 M
Slightly volatile
Total Operating Expenses553.9 M527.5 M298.7 M
Slightly volatile
Research Development99.9 M95.1 M54.2 M
Slightly volatile
Selling General Administrative436.1 M415.3 M242.4 M
Slightly volatile
Non Recurring11.7 M10.2 M12.3 M
Slightly volatile
Interest Income958 K590.4 K2.8 M
Slightly volatile
Reconciled Depreciation97.5 M112.8 M75.4 M
Slightly volatile

Merit Medical Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow73.1 M69.6 M33.4 M
Slightly volatile
Depreciation122.3 M116.5 M65.9 M
Slightly volatile
Capital Expenditures29.4 M42.2 M45.9 M
Very volatile
Total Cash From Operating Activities175.3 M166.9 M90.6 M
Slightly volatile
End Period Cash Flow711.4 M677.5 M147.9 M
Slightly volatile
Stock Based Compensation25.8 M24.5 M9.4 M
Slightly volatile
Change To Netincome30.8 M45.7 M39.8 M
Slightly volatile
Issuance Of Capital Stock39.2 M22.3 M129.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.664.02.856
Very volatile
PTB Ratio3.64.193.2325
Very volatile
Days Sales Outstanding64.6663.1858.2496
Pretty Stable
Book Value Per Share19.7218.7813.9968
Slightly volatile
Operating Cash Flow Per Share2.382.271.6477
Slightly volatile
Average PayablesMM4.5 M
Slightly volatile
Stock Based Compensation To Revenue0.0230.02190.0099
Slightly volatile
Capex To Depreciation0.40.421.3341
Slightly volatile
PB Ratio3.64.193.2325
Very volatile
EV To Sales0.590.62232.8193
Slightly volatile
Inventory Turnover2.191.992.7911
Slightly volatile
Days Of Inventory On Hand157189137
Slightly volatile
Payables Turnover7.949.199.0476
Slightly volatile
Average Inventory15.9 M18 M19.6 M
Slightly volatile
Research And Ddevelopement To Revenue0.04480.06440.0664
Slightly volatile
Capex To Revenue0.03190.03360.0858
Slightly volatile
Cash Per Share9.679.212.2838
Slightly volatile
POCF Ratio35.7534.6643.186
Slightly volatile
Capex To Operating Cash Flow0.280.291.2082
Slightly volatile
Days Payables Outstanding45.041.146.0407
Slightly volatile
EV To Operating Cash Flow3.493.66941.9389
Slightly volatile
Intangibles To Total Assets0.160.270.3553
Very volatile
Current Ratio3.386.262.9164
Slightly volatile
Tangible Book Value Per Share8.17.724.604
Slightly volatile
Receivables Turnover5.115.986.3304
Slightly volatile
Graham Number26.2224.9714.4475
Slightly volatile
Shareholders Equity Per Share19.7218.7813.9968
Slightly volatile
Debt To Equity0.620.58730.4663
Slightly volatile
Capex Per Share0.50.570.9374
Slightly volatile
Average Receivables11.9 M14.3 M15.4 M
Slightly volatile
Revenue Per Share20.6319.6514.7299
Slightly volatile
Interest Debt Per Share14.8814.177.3121
Slightly volatile
Debt To Assets0.360.350.2677
Slightly volatile
Short Term Coverage Ratios23.3524.588.4031
Slightly volatile
Operating Cycle222253196
Slightly volatile
Price Book Value Ratio3.64.193.2325
Very volatile
Days Of Payables Outstanding45.041.146.0407
Slightly volatile
Price To Operating Cash Flows Ratio35.7534.6643.186
Slightly volatile
Company Equity Multiplier1.251.741.6691
Very volatile
Long Term Debt To Capitalization0.390.3670.2847
Slightly volatile
Total Debt To Capitalization0.390.370.3074
Slightly volatile
Debt Equity Ratio0.620.58730.4663
Slightly volatile
Quick Ratio4.774.551.9223
Slightly volatile
Dividend Paid And Capex Coverage Ratio3.743.562.0467
Slightly volatile
Net Income Per E B T0.620.760.8854
Pretty Stable
Cash Ratio2.732.60.7303
Slightly volatile
Cash Conversion Cycle180211159
Slightly volatile
Operating Cash Flow Sales Ratio0.180.16960.1133
Slightly volatile
Days Of Inventory Outstanding157189137
Slightly volatile
Days Of Sales Outstanding64.6663.1858.2496
Pretty Stable
Price To Book Ratio3.64.193.2325
Very volatile
Fixed Asset Turnover3.213.242.4133
Slightly volatile
Capital Expenditure Coverage Ratio3.743.562.0467
Slightly volatile
Price Cash Flow Ratio35.7534.6643.186
Slightly volatile
Debt Ratio0.360.350.2677
Slightly volatile
Price Sales Ratio2.664.02.856
Very volatile
Asset Turnover1.060.620.6739
Very volatile
Price Fair Value3.64.193.2325
Very volatile

Merit Medical Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.8 B3.6 B2.5 B
Slightly volatile
Enterprise ValueB3.8 B3.1 B
Slightly volatile

Merit Fundamental Market Drivers

Forward Price Earnings27.3224
Cash And Short Term Investments589.1 M

Merit Upcoming Events

28th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
28th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Merit Medical Financial Statements

Investors use fundamental indicators, such as Merit Medical's revenue or net income, to determine how well the company is positioned to perform in the future. Although Merit Medical's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Deferred Revenue4.6 M3.9 M
Total Revenue1.4 B1.5 B
Cost Of Revenue774.5 M813.2 M
Stock Based Compensation To Revenue 0.02  0.02 
Research And Ddevelopement To Revenue 0.06  0.04 
Capex To Revenue 0.03  0.03 
Revenue Per Share 19.65  20.63 
Ebit Per Revenue 0.12  0.12 

Currently Active Assets on Macroaxis

When determining whether Merit Medical Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Merit Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Merit Medical Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Merit Medical Systems Stock:
Check out the analysis of Merit Medical Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Merit Medical. If investors know Merit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Merit Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.091
Earnings Share
2.05
Revenue Per Share
22.847
Quarterly Revenue Growth
0.078
Return On Assets
0.0456
The market value of Merit Medical Systems is measured differently than its book value, which is the value of Merit that is recorded on the company's balance sheet. Investors also form their own opinion of Merit Medical's value that differs from its market value or its book value, called intrinsic value, which is Merit Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Merit Medical's market value can be influenced by many factors that don't directly affect Merit Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Merit Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Merit Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merit Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.