Merit Medical Systems Inc is a medical equipment company that develops and manufactures products for interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. The majority of the revenue is earned from the Cardiovascular segment which consists of cardiology and radiology medical device products that assist in diagnosing and treating coronary artery disease, peripheral vascular disease, and other non-vascular diseases and includes embolotherapeutic, cardiac rhythm management, electrophysiology, critical care, and interventional oncology and spine devices.
1987
7.4K+
LTM Revenue $1.4B
LTM EBITDA $325M
$5.9B
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Merit Medical Systems has a last 12-month revenue of $1.4B and a last 12-month EBITDA of $325M.
In the most recent fiscal year, Merit Medical Systems achieved revenue of $1.4B and an EBITDA of $296M.
Merit Medical Systems expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Merit Medical Systems valuation multiples based on analyst estimatesFY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
---|---|---|---|---|---|
Revenue | $1.3B | $1.4B | XXX | XXX | XXX |
Gross Profit | $519M | $584M | XXX | XXX | XXX |
Gross Margin | 41% | 43% | XXX | XXX | XXX |
EBITDA | $229M | $296M | XXX | XXX | XXX |
EBITDA Margin | 18% | 22% | XXX | XXX | XXX |
Net Profit | $74.5M | $94.4M | XXX | XXX | XXX |
Net Margin | 6% | 7% | XXX | XXX | XXX |
Net Debt | $140M | $236M | XXX | XXX | XXX |
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As of April 15, 2025, Merit Medical Systems's stock price is $93.
Merit Medical Systems has current market cap of $5.5B, and EV of $5.9B.
See Merit Medical Systems trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$5.9B | $5.5B | XXX | XXX | XXX | XXX | $3.51 |
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Sign UpAs of April 15, 2025, Merit Medical Systems has market cap of $5.5B and EV of $5.9B.
Merit Medical Systems's trades at 4.3x LTM EV/Revenue multiple, and 18.2x LTM EBITDA.
Analysts estimate Merit Medical Systems's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Merit Medical Systems and 10K+ public compsFY 2024 | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|
EV | $5.9B | XXX | XXX | XXX |
EV/Revenue | 4.4x | XXX | XXX | XXX |
EV/EBITDA | 20.0x | XXX | XXX | XXX |
P/E | 45.8x | XXX | XXX | XXX |
P/E/Growth | 1.0x | XXX | XXX | XXX |
EV/FCF | 32.4x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpMerit Medical Systems's NTM/LTM revenue growth is 8%
Merit Medical Systems's revenue per employee for the last fiscal year averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Merit Medical Systems's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Merit Medical Systems's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Merit Medical Systems and other 10K+ public compsFY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|---|
Revenue Growth | 8% | XXX | XXX | XXX | XXX |
EBITDA Margin | 22% | XXX | XXX | XXX | XXX |
EBITDA Growth | 29% | XXX | XXX | XXX | XXX |
Rule of 40 (SaaS-only) | 30% | XXX | XXX | XXX | XXX |
Revenue per Employee | $0.2M | XXX | XXX | XXX | XXX |
Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
R&D Expenses to Revenue | 6% | XXX | XXX | XXX | XXX |
Opex to Revenue | 36% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
EV/Revenue | EV/EBITDA | |||||
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2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
Philips | XXX | XXX | XXX | XXX | XXX | XXX |
Perspective Therapeutics | XXX | XXX | XXX | XXX | XXX | XXX |
SmartVest | XXX | XXX | XXX | XXX | XXX | XXX |
InfuSystem | XXX | XXX | XXX | XXX | XXX | XXX |
Myomo | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Merit Medical Systems acquired XXX companies to date.
Last acquisition by Merit Medical Systems was XXXXXXXX, XXXXX XXXXX XXXXXX . Merit Medical Systems acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
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XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
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Sign UpWhen was Merit Medical Systems founded? | Merit Medical Systems was founded in 1987. |
Where is Merit Medical Systems headquartered? | Merit Medical Systems is headquartered in United States of America. |
How many employees does Merit Medical Systems have? | As of today, Merit Medical Systems has 7.4K+ employees. |
Who is the CEO of Merit Medical Systems? | Merit Medical Systems's CEO is Mr. Fred P. Lampropoulos. |
Is Merit Medical Systems publicy listed? | Yes, Merit Medical Systems is a public company listed on NAS. |
What is the stock symbol of Merit Medical Systems? | Merit Medical Systems trades under MMSI ticker. |
When did Merit Medical Systems go public? | Merit Medical Systems went public in 1992. |
Who are competitors of Merit Medical Systems? | Similar companies to Merit Medical Systems include e.g. Philips, Perspective Therapeutics, SmartVest, InfuSystem. |
What is the current market cap of Merit Medical Systems? | Merit Medical Systems's current market cap is $5.5B |
What is the current revenue of Merit Medical Systems? | Merit Medical Systems's last 12-month revenue is $1.4B. |
What is the current EBITDA of Merit Medical Systems? | Merit Medical Systems's last 12-month EBITDA is $325M. |
What is the current EV/Revenue multiple of Merit Medical Systems? | Current revenue multiple of Merit Medical Systems is 4.3x. |
What is the current EV/EBITDA multiple of Merit Medical Systems? | Current EBITDA multiple of Merit Medical Systems is 18.2x. |
What is the current revenue growth of Merit Medical Systems? | Merit Medical Systems revenue growth between 2023 and 2024 was 8%. |
Is Merit Medical Systems profitable? | Yes, Merit Medical Systems is EBITDA-positive (as of the last 12 months). |
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