Merit Gross Profit from 2010 to 2024

MMSI Stock  USD 103.66  0.34  0.33%   
Merit Medical's Gross Profit is increasing with slightly volatile movements from year to year. Gross Profit is estimated to finish at about 613.1 M this year. Gross Profit is the profit Merit Medical Systems makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1989-03-31
Previous Quarter
160.3 M
Current Value
157.5 M
Quarterly Volatility
44.5 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 106.4 M, Interest Expense of 16.3 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 2.66, Dividend Yield of 0.0 or PTB Ratio of 3.6. 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.

Latest Merit Medical's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Merit Medical Systems over the last few years. Gross profit is a required income statement account that reflects total revenue of Merit Medical Systems minus its cost of goods sold. It is profit before Merit Medical operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Merit Medical's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Merit Medical's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 519.1 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Merit Gross Profit Regression Statistics

Arithmetic Mean334,899,373
Coefficient Of Variation51.99
Mean Deviation144,718,265
Median326,253,000
Standard Deviation174,111,406
Sample Variance30314.8T
Range613.4M
R-Value0.98
Mean Square Error1168.9T
R-Squared0.96
Slope38,229,151
Total Sum of Squares424406.9T

Merit Gross Profit History

2024613.1 M
2023583.9 M
2022519.1 M
2021485.3 M
2020401.2 M
2019432.4 M
2018394.8 M

Other Fundumenentals of Merit Medical Systems

Merit Medical Gross Profit component correlations

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About Merit Medical Financial Statements

Investors use fundamental indicators, such as Merit Medical's Gross Profit, 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
Gross Profit583.9 M613.1 M
Gross Profit Margin 0.46  0.34 

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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
2.04
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.