{"name":"Merit Medical Systems","slug":"merit","ticker":"MMSI","exchange":"NASDAQ","domain":"merit.com","description":"Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures in the United States, China, Japan, Germany, France, the United Kingdom, and internationally. It operates through two segments, Cardiovascular and Endoscopy. The company offers micropuncture kits, angiographic needles, sheaths, guide wires, and safety products; peripheral intervention products comprising angiography, drainage, delivery systems, and embolotherapy products; oncology products, such as soft tissue biopsy products and accessories; cardiac intervention products consisting of cardiac access, angiography, electrophysiology and cardiac rhythm management, fluid management, hemodynamic monitoring, hemostasis, and intervention products; and spine products, including vertebral augmentation, radiofrequency ablation, and bone biopsy systems. It also provides custom procedural solutions, including critical care products, syring","hq":"South Jordan, UT","founded":0,"employees":"7500","ceo":"Fred P. Lampropoulos","sector":"Medical Devices — Interventional","stockPrice":63.04,"stockChange":0.42,"stockChangePercent":0.67,"marketCap":"$3.8B","metrics":{"revenue":1542432000,"revenueGrowth":7.5,"grossMargin":48.7,"rdSpend":59532000,"netIncome":128489000,"cash":488080000,"dividendYield":0,"peRatio":27.1,"fiscalYear":"FY2025"},"revenueBreakdown":[],"timeline":[{"date":"2026-07-28","label":"Q2 2026 Earnings","type":"earnings","sentiment":"neutral"},{"date":"2026-10-28","label":"Q3 2026 Earnings","type":"earnings","sentiment":"neutral"},{"date":"2027-01-28","label":"Q4 2027 Earnings","type":"earnings","sentiment":"neutral"},{"date":"2027-04-28","label":"Q1 2027 Earnings","type":"earnings","sentiment":"neutral"},{"date":"2027-07-28","label":"Q2 2027 Earnings","type":"earnings","sentiment":"neutral"},{"date":"2027-10-28","label":"Q3 2027 Earnings","type":"earnings","sentiment":"neutral"}],"diseaseAreas":[],"pipeline":[],"recentEvents":[{"date":"2024-02-22","type":"earnings","headline":"Merit Medical Systems Reports Fourth Quarter and Full Year 2023 Financial Results","summary":"Merit Medical Systems reported its fourth quarter and full year 2023 financial results, with revenue of $1.1 billion and net income of $143.8 million.","drugName":"","sentiment":"neutral"},{"date":"2023-11-15","type":"deal","headline":"Merit Medical Systems Acquires Certain Assets of Vascular Insights","summary":"Merit Medical Systems acquired certain assets of Vascular Insights, a company that specializes in vascular imaging and analytics.","drugName":"","sentiment":"positive"},{"date":"2023-08-01","type":"regulatory","headline":"Merit Medical Systems Receives FDA Clearance for New Vascular Access Product","summary":"Merit Medical Systems received FDA clearance for a new vascular access product, which is designed to improve patient outcomes and reduce complications.","drugName":"","sentiment":"positive"}],"realNews":[{"date":"2026-04-01","type":"regulatory","source":"SEC EDGAR","summary":"8-K filed with SEC: 8-K","headline":"SEC 8-K: 8-K","sentiment":"neutral"},{"url":"https://news.google.com/rss/articles/CBMi0wFBVV95cUxQWXhqWkc3aFlvN0pXTVhfaUtWM3k4dEpBTXZfRUZ1UzBFczlGcENtQ0h3VWlkWjRGem85b3pyeEVuajQ3ZE5WUTJnNWdNY3lJVkJTZ3h4Z1JGanF0NWhuUzNhWDFYMW03WFh3ZjZ5d0w2RlZWOVIwbFNSNHppVWlpRGxVdUhNMkkzeVp2c0xkaC1RNnpyNkw2dDhMUzQxTkc4V2FSeXVZanduWnRhOU81WDNJVGRhSjZ3TnFYOWs0Ry1tRFRrU25wMkFzMHkyVDNVcEgw?oc=5","date":"2026-03-29","type":"pipeline","source":"MSN","summary":"Most oversold mid-cap healthcare stocks on Wall Street amid Middle East disruptions - MSN","headline":"Most oversold mid-cap healthcare stocks on Wall Street amid Middle East disruptions","sentiment":"neutral"},{"url":"https://news.google.com/rss/articles/CBMi2wFBVV95cUxNRDU5ZS1nVHhDZ1Z0bkc4SmxfTUNHZHg2dld2M3kydEMybHlVeTJudzdEa1NmZGlnaHBya0IwSGI4S2lwTU9aY0REYnh6ZkdBWHNtcnU5ZVRXbkRhWjhnMnNrNUtBaFJpMG9mNHEyVGo0OWJpQWc1aHR1MjNXcXlzU1FVMk0zcXJIWmU2WTN5OGtmbzFjUXZkZWR4VFpFUHRSc3lJWHdMb0hlU29jSktGR3pZZ1dtQ2JTTmplUFM5QTVwNkZ3LTZDV0x3UWxsdXFBRlZnaDlPWG1EQlE?oc=5","date":"2026-03-25","type":"pipeline","source":"The Globe and Mail","summary":"1 Healthcare Stock to Consider Right Now and 2 We Turn Down - The Globe and Mail","headline":"1 Healthcare Stock to Consider Right Now and 2 We Turn Down","sentiment":"neutral"},{"url":"https://news.google.com/rss/articles/CBMitAFBVV95cUxNWWFjSUFQcnNLdGtQQ09mZVBOS2N5OF9zRHpmYTVOWmRiUTJDQmtzY1JZQlZDemdJSWR5WHk5dm81T050SGdDR3BfSWdfdzdNOG1yNllyTnJFcVNZU0EzaHZxUVctUXZDOTJZLXJpb3FCVlJmS0RlYmFaMnN3cWNqbEx5TEwwV19xaGI5UmRjaVU4R0dxZk05RFhsQXQ1VG1xeUhad1hEV2NtSFozNWpEajVqSF8?oc=5","date":"2026-03-11","type":"pipeline","source":"Kalkine Media","summary":"Merit Medical Systems (NASDAQ:MMSI) Gains Spotlight Across Nasdaq Index - Kalkine Media","headline":"Merit Medical Systems (NASDAQ:MMSI) Gains Spotlight Across Nasdaq Index","sentiment":"neutral"},{"url":"https://news.google.com/rss/articles/CBMirgFBVV95cUxOeXRwRU4zR0NqbnpoSUo5bHowVHFSdWJ6emFCUGstU1pWWVBKSFItbG5naFRNcVRfMzhMY2JYcldITXJnSmhmWFpnWnNrWkdJczF5cDNTSWtaSjY1VkxZbEJFR09WUFZRWW9mTW13ZDdNaFRRYWRnNkVTTzVLN09xWldMQnl5ME5MZUhZMmNlaDd3ZHdILXRtQTFwTXEyNnVoMFZ6LUZCeXdkSE11WUE?oc=5","date":"2026-02-25","type":"earnings","source":"Seeking Alpha","summary":"Merit Medical Systems, Inc. 2025 Q4 - Results - Earnings Call Presentation (NASDAQ:MMSI) 2026-02-25 - Seeking Alpha","headline":"Merit Medical Systems, Inc. 2025 Q4 - Results - Earnings Call Presentation (NASDAQ:MMSI) 2026-02-25","sentiment":"neutral"},{"date":"2026-02-24","type":"earnings","source":"SEC EDGAR","summary":"10-K filed with SEC: 10-K","headline":"Annual Report (10-K) Filed","sentiment":"neutral"},{"date":"2026-02-24","type":"regulatory","source":"SEC EDGAR","summary":"8-K filed with SEC: 8-K","headline":"SEC 8-K: 8-K","sentiment":"neutral"},{"url":"https://news.google.com/rss/articles/CBMimgFBVV95cUxPdG5WR0lOdHBFWW4tUnFuNVZfYXlGblN3YXZOSHVpd2ZPNW9GZno3N2hFVzZUWkpJNzRTV1BvczR5dkFUMS1hM0ZpeEpRRkR2R0VzVWpScVA0OGgtaDI0aGlEalFYbWZCWE9Gc29RazNWOVBzTHZKdHVSSG5pYlN3cVIzRkZnOEczX0hOMmZPMU56RjktVkFyUnNB?oc=5","date":"2026-02-12","type":"earnings","source":"Finviz","summary":"WST's Q4 Earnings & Sales Beat, SmartDose Sale by Mid-2026, Stock Up - Finviz","headline":"WST's Q4 Earnings & Sales Beat, SmartDose Sale by Mid-2026, Stock Up","sentiment":"positive"},{"url":"https://news.google.com/rss/articles/CBMivAFBVV95cUxPUjJZdUdiLUVuZnhzNGJoWEFZYmFDNi1ZcHlWbDNYcXo2OHcwbHpHWDhZMEtTR0J6OEUzNXJXNEIzMnhXRUdoOGVfaEFtay1mSmU1amc3N2MzVl9Da19NV2F1NDZ5VkU0MnhXdWNjWFJfem0tMW1kUE1xb2tWUWZsTFZybV9wTS1OM2Q2amFPNUYwSjFCWEdkSm5IT1kzcnI3MTA1bFZRZlVnUnRFR3FjNjdsQXA5eG9FeXFCVg?oc=5","date":"2026-02-04","type":"earnings","source":"TradingView","summary":"Will Pharmacy and Consumer Wellness Segment Lead CVS' Q4 Earnings? - TradingView","headline":"Will Pharmacy and Consumer Wellness Segment Lead CVS' Q4 Earnings?","sentiment":"neutral"},{"date":"2026-01-08","type":"regulatory","source":"SEC EDGAR","summary":"8-K filed with SEC: 8-K","headline":"SEC 8-K: 8-K","sentiment":"neutral"},{"url":"https://news.google.com/rss/articles/CBMiigFBVV95cUxNMFhaRTRmdjhzYVJOdFZCcG1ZRkhDSndBaHk0NHBnekJfdGZvNl81UTIzNlpMTlpxTWtGd05YNnNUT21hNU1kdFpKZlF2Wk9GQ1pIaXdFR3RfN3M5blVNTktMSGRkZ3paMTAxQlhrYmR1Y0R3MWtDNGgzMEtvOG1MUDM0RlRFdUZjMXc?oc=5","date":"2025-11-18","type":"pipeline","source":"Seeking Alpha","summary":"Merit Medical Systems: A Better Setup Here (NASDAQ:MMSI) - Seeking Alpha","headline":"Merit Medical Systems: A Better Setup Here (NASDAQ:MMSI)","sentiment":"neutral"},{"url":"https://news.google.com/rss/articles/CBMiuAFBVV95cUxOdFR3ell4anZxd000Rk52VU5sM3M1azlyZkV6aHZnNE5wVFpWTXNPajBJV0tLSlVQR0JELU5YeGE3eGJwb01mZ2FGMmhiUHk3Y1FObTQzSTZsUkhWU2IxeUZXWTJidkpuVlhLWFFfQXlQWnlTWF9BUURKLUZXS2xKYThVZk5JNU5ubTJMQXBaS1NOanplbkE2c0dXQVUwVEM0clB0UmZ6TjNYblFtTEVmZjRwS2h1RE1f?oc=5","date":"2025-10-15","type":"pipeline","source":"TradingView","summary":"Reasons to Hold Veeva Systems Stock in Your Portfolio for Now - TradingView","headline":"Reasons to Hold Veeva Systems Stock in Your Portfolio for Now","sentiment":"neutral"},{"url":"https://news.google.com/rss/articles/CBMinAFBVV95cUxNT3RmbnZ3SHN3WTl5N0o3ZGJTY1V0d0UzSEJqM0FnQmR3LWJ4ZExFa1E2Nlo3MGFLckQ2UU5LdldtOXlIZWdEeTRETWx6ZGM5TkFNZFREQ3VwX1F3Z0tkTDQtU3Jkckw5YnhQNXRBWVhmYzhiT0huYkF0TmZ6SzRyWDA5ODhXT2pEbmhvUG80SXkxUmtMUmplQzZ3VEI?oc=5","date":"2025-10-10","type":"pipeline","source":"Finviz","summary":"Ecolab Brings Direct-to-Chip Cooling Monitoring to Southeast Asia - Finviz","headline":"Ecolab Brings Direct-to-Chip Cooling Monitoring to Southeast Asia","sentiment":"neutral"},{"url":"https://news.google.com/rss/articles/CBMi4gFBVV95cUxQM2xuMWl6Um5Vcy1WT05zWmNjZ0JheVlmcGstN3p3anl6SmNjYWQyZTQtS0x0YlhkdDBySElQbWpCN2d2YVlUTjU2YzY3dlg0LUs1OGN3RVloeWg5SzJCbUxTZC1SbFJpQUJ6WVlHVmI1UG5YTnVnQ2hzYTFMUFVXY1hXX0FZZGNtc0V1MW9QNEljbW4yZWYwZnYwWi1TelR5alVVcjlLNExvMjB2M3JIY2RnWkFiOG96eFhVcl8waDloUnVtd3NxTWdRRURmRnBKUUhzQkFhZzdXX3hGSk0ySlln?oc=5","date":"2025-09-25","type":"pipeline","source":"StockStory","summary":"Merit Medical Systems, ICU Medical, and Penumbra Stocks Trade Down, What You Need To Know - StockStory","headline":"Merit Medical Systems, ICU Medical, and Penumbra Stocks Trade Down, What You Need To Know","sentiment":"neutral"},{"url":"https://news.google.com/rss/articles/CBMi5AFBVV95cUxORTc5TGNmVkJtNmZVODlJNU9adGJkeFNnQ3Znem9vVTV0Q1FwQVFOc2R0cWpzUVdfU2F5ZjlmV0dkRFhkU0t6T0Mwd0JUd3pQR2o5LVNCQkFqWWZOTUdwbVhsV0FBRHZ5NGFGaEkzdGljWjNmQm5ZVEE4UUw4Zkc3ZERld0RWMnZVQTMtbHZJZmpjYkx4SW4xQnB5anNzZEVlWVNmSGpQcXFsOHAxREctZWFDcVdEYUVjZUhBUlJxVWlQc2tHb0duZ3NXdFJ3WWZrbENYSF9ydXFjWDVKR1I0em1xSEU?oc=5","date":"2024-06-14","type":"regulatory","source":"Reuters","summary":"Merit Medical is recalling unauthorized plastic syringes, US FDA says - Reuters","headline":"Merit Medical is recalling unauthorized plastic syringes, US FDA says","sentiment":"neutral"}],"patents":[],"drugCount":0,"phaseCounts":{},"enrichmentLevel":3,"visitCount":1,"keyCompetitors":["Boston Scientific Corporation","Cook Medical","Becton Dickinson and Company"],"therapeuticFocus":["Vascular","Gastrointestinal","Urology"],"financials":{"source":"sec_edgar+yahoo","revenue":1515906000,"revenuePeriod":"2025-12-31","revenueHistory":[{"value":1515906000,"period":"2025-12-31"},{"value":1356514000,"period":"2024-12-31"},{"value":1356514000,"period":"2024-12-31"},{"value":1257366000,"period":"2023-12-31"},{"value":1257366000,"period":"2023-12-31"}],"grossProfit":738270000,"grossProfitHistory":[{"period":"2025-12-31","value":738270000},{"period":"2024-12-31","value":643333000},{"period":"2023-12-31","value":583872000},{"period":"2022-12-31","value":519099000}],"rdSpend":59532000,"rdSpendHistory":[{"period":"2025-12-31","value":97352000},{"period":"2024-12-31","value":87466000},{"period":"2023-12-31","value":82728000},{"period":"2022-12-31","value":75510000}],"sgaSpend":455214000,"operatingIncome":185704000,"operatingIncomeHistory":[{"period":"2025-12-31","value":185704000},{"period":"2024-12-31","value":156136000},{"period":"2023-12-31","value":127468000},{"period":"2022-12-31","value":101064000}],"netIncome":128489000,"netIncomeHistory":[{"period":"2025-12-31","value":128489000},{"period":"2024-12-31","value":120357000},{"period":"2023-12-31","value":94411000},{"period":"2022-12-31","value":74516000}],"eps":2.13,"epsHistory":[{"period":"2025-12-31","value":2.13},{"period":"2024-12-31","value":2.03},{"period":"2023-12-31","value":1.62},{"period":"2022-12-31","value":1.29}],"cash":446404000,"cashHistory":[{"period":"2025-12-31","value":446404000},{"period":"2024-12-31","value":376715000},{"period":"2023-12-31","value":587036000},{"period":"2022-12-31","value":58408000}],"totalAssets":2685922000,"totalLiabilities":1101619000,"totalDebt":821572000,"equity":1584303000,"operatingCashflow":297371000,"operatingCashflowHistory":[{"period":"2025-12-31","value":297371000},{"period":"2024-12-31","value":220799000},{"period":"2023-12-31","value":145151000},{"period":"2022-12-31","value":114291000}],"capex":-84836000,"capexHistory":[{"period":"2025-12-31","value":-84836000},{"period":"2024-12-31","value":-38043000},{"period":"2023-12-31","value":-36701000},{"period":"2022-12-31","value":-48204000}],"freeCashflow":212535000,"dividendsPaid":null,"buybacks":null,"employees":7500,"segmentRevenue":[],"geographicRevenue":[],"quarterly":{"income":[{"sga":118210000,"ebit":60072000,"ebitda":93422000,"period":"2026-03-31","revenue":381877000,"epsBasic":0.69,"netIncome":40995000,"rdExpense":22609000,"epsDiluted":0.68,"grossProfit":184797000,"operatingIncome":43978000},{"sga":114830000,"ebit":57424000,"ebitda":91751000,"period":"2025-12-31","revenue":393936000,"epsBasic":0.64,"netIncome":38006000,"rdExpense":26541000,"epsDiluted":0.63,"grossProfit":195352000,"operatingIncome":53981000},{"sga":119801000,"ebit":45294000,"ebitda":79537000,"period":"2025-09-30","revenue":384157000,"epsBasic":0.47,"netIncome":27755000,"rdExpense":23966000,"epsDiluted":0.46,"grossProfit":186411000,"operatingIncome":42644000},{"sga":113097000,"ebit":50154000,"ebitda":83957000,"period":"2025-06-30","revenue":382462000,"epsBasic":0.55,"netIncome":32581000,"rdExpense":24367000,"epsDiluted":0.54,"grossProfit":184487000,"operatingIncome":47023000},{"sga":107486000,"ebit":44526000,"ebitda":76802000,"period":"2025-03-31","revenue":355351000,"epsBasic":0.51,"netIncome":30147000,"rdExpense":22478000,"epsDiluted":0.49,"grossProfit":172020000,"operatingIncome":42056000},{"sga":null,"ebit":null,"ebitda":null,"period":"2024-09-30","revenue":null,"epsBasic":null,"netIncome":null,"rdExpense":null,"epsDiluted":null,"grossProfit":null,"operatingIncome":null}]},"ciks":null,"lastFiledAt":null},"yahoo":{"currentPrice":63.04,"previousClose":62.62,"fiftyTwoWeekHigh":100.05,"fiftyTwoWeekLow":59.74,"fiftyTwoWeekRange":"59.74 - 100.05","fiftyDayAverage":67.76,"twoHundredDayAverage":80.42,"beta":0.57,"enterpriseValue":4069070080,"forwardPE":14.3,"priceToBook":2.31,"priceToSales":2.44,"enterpriseToRevenue":2.64,"enterpriseToEbitda":12.71,"pegRatio":1.3,"ebitda":320198016,"ebitdaMargin":20.8,"freeCashflow":178187376,"operatingCashflow":297480000,"totalDebt":821563008,"debtToEquity":50.5,"currentRatio":5.08,"returnOnAssets":4.7,"returnOnEquity":9.1,"analystRating":"1.8 - Buy","recommendationKey":"buy","numberOfAnalysts":11,"targetMeanPrice":90.64,"targetHighPrice":122,"targetLowPrice":74,"dividendRate":0,"payoutRatio":0,"fiveYearAvgDividendYield":0,"exDividendDate":0,"insiderHeldPercent":2.4,"institutionHeldPercent":104.9,"sharesOutstanding":59654855,"floatShares":58255352,"sharesShort":3241531,"shortRatio":5.22,"shortPercentOfFloat":5.4,"epsTrailing":2.32,"epsForward":4.4,"revenuePerShare":26.01,"bookValue":27.27,"officers":[{"age":58,"name":"Ms. Martha Goldberg Aronson","title":"President, CEO & Director"},{"age":46,"name":"Mr. Raul  Parra Jr., CPA","title":"CFO & Treasurer"},{"age":58,"name":"Mr. Neil W. Peterson","title":"Chief Operating Officer"},{"age":64,"name":"Mr. Brian G. Lloyd J.D.","title":"Chief Legal Officer & Corporate Secretary"},{"age":52,"name":"Mr. Michel J. Voigt","title":"Chief Human Resources Officer"},{"age":null,"name":"Mr. Jason  Treft","title":"Chief Information Officer"},{"age":null,"name":"Ms. Sarah  Comstock","title":"Vice President of Global Communications"},{"age":null,"name":"Mr. John  Knorpp","title":"Chief Regulatory Affairs Officer"}],"industry":"Medical Instruments & Supplies","irWebsite":"http://investor.merit.com/phoenix.zhtml?c=65799&p=irol-irhome","website":"https://www.merit.com","phone":"801 253 1600"}}