Merit Medical Systems, Inc.

NasdaqGS:MMSI Stock Report

Market Cap: US$5.6b

Merit Medical Systems Future Growth

Future criteria checks 1/6

Merit Medical Systems is forecast to grow earnings and revenue by 14% and 6.7% per annum respectively. EPS is expected to grow by 11.7% per annum. Return on equity is forecast to be 13.3% in 3 years.

Key information

14.0%

Earnings growth rate

11.7%

EPS growth rate

Medical Equipment earnings growth12.2%
Revenue growth rate6.7%
Future return on equity13.3%
Analyst coverage

Good

Last updated25 Apr 2025

Recent future growth updates

Merit Medical Systems, Inc. (NASDAQ:MMSI) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Nov 02
Merit Medical Systems, Inc. (NASDAQ:MMSI) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Recent updates

Merit Medical Systems' (NASDAQ:MMSI) Returns On Capital Are Heading Higher

Apr 11
Merit Medical Systems' (NASDAQ:MMSI) Returns On Capital Are Heading Higher

Is Now An Opportune Moment To Examine Merit Medical Systems, Inc. (NASDAQ:MMSI)?

Mar 30
Is Now An Opportune Moment To Examine Merit Medical Systems, Inc. (NASDAQ:MMSI)?

Here's Why We Think Merit Medical Systems (NASDAQ:MMSI) Is Well Worth Watching

Mar 18
Here's Why We Think Merit Medical Systems (NASDAQ:MMSI) Is Well Worth Watching

Merit Medical: A Success Story That Keeps Getting Better

Mar 16

A Look At The Fair Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)

Mar 06
A Look At The Fair Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)

Merit Medical Systems (NASDAQ:MMSI) Seems To Use Debt Rather Sparingly

Feb 10
Merit Medical Systems (NASDAQ:MMSI) Seems To Use Debt Rather Sparingly

Why We're Not Concerned About Merit Medical Systems, Inc.'s (NASDAQ:MMSI) Share Price

Jan 17
Why We're Not Concerned About Merit Medical Systems, Inc.'s (NASDAQ:MMSI) Share Price

Merit Medical Systems: Solid Execution, Stretched Valuations

Jan 08

Returns Are Gaining Momentum At Merit Medical Systems (NASDAQ:MMSI)

Dec 23
Returns Are Gaining Momentum At Merit Medical Systems (NASDAQ:MMSI)

Is Now An Opportune Moment To Examine Merit Medical Systems, Inc. (NASDAQ:MMSI)?

Dec 11
Is Now An Opportune Moment To Examine Merit Medical Systems, Inc. (NASDAQ:MMSI)?

Is Now The Time To Put Merit Medical Systems (NASDAQ:MMSI) On Your Watchlist?

Nov 29
Is Now The Time To Put Merit Medical Systems (NASDAQ:MMSI) On Your Watchlist?

Merit Medical Systems, Inc. (NASDAQ:MMSI) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Nov 02
Merit Medical Systems, Inc. (NASDAQ:MMSI) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Is Merit Medical Systems (NASDAQ:MMSI) A Risky Investment?

Nov 01
Is Merit Medical Systems (NASDAQ:MMSI) A Risky Investment?

Merit Medical Systems - Impressive Momentum

Sep 17

The Price Is Right For Merit Medical Systems, Inc. (NASDAQ:MMSI)

Sep 17
The Price Is Right For Merit Medical Systems, Inc. (NASDAQ:MMSI)

Why Merit Medical Systems, Inc. (NASDAQ:MMSI) Could Be Worth Watching

Sep 04
Why Merit Medical Systems, Inc. (NASDAQ:MMSI) Could Be Worth Watching
author-image

China Market And New Products Propel Medical Equipment Giant To New Heights

Aug 29 Enhanced international market performance, notably in China, hints at potential market share and revenue increases.

Merit Medical Systems (NASDAQ:MMSI) Is Doing The Right Things To Multiply Its Share Price

Aug 22
Merit Medical Systems (NASDAQ:MMSI) Is Doing The Right Things To Multiply Its Share Price

These 4 Measures Indicate That Merit Medical Systems (NASDAQ:MMSI) Is Using Debt Safely

Jul 31
These 4 Measures Indicate That Merit Medical Systems (NASDAQ:MMSI) Is Using Debt Safely

Merit Medical Systems: Steady Wins The Day

Jul 05

Merit Medical Systems (NASDAQ:MMSI) Ticks All The Boxes When It Comes To Earnings Growth

Jun 19
Merit Medical Systems (NASDAQ:MMSI) Ticks All The Boxes When It Comes To Earnings Growth

Merit Medical: Undervalued With Multiple Growth Drivers In Play

Jun 15

Merit Medical Systems (NASDAQ:MMSI) Is Doing The Right Things To Multiply Its Share Price

May 23
Merit Medical Systems (NASDAQ:MMSI) Is Doing The Right Things To Multiply Its Share Price

It Looks Like Shareholders Would Probably Approve Merit Medical Systems, Inc.'s (NASDAQ:MMSI) CEO Compensation Package

May 09
It Looks Like Shareholders Would Probably Approve Merit Medical Systems, Inc.'s (NASDAQ:MMSI) CEO Compensation Package

Results: Merit Medical Systems, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

May 03
Results: Merit Medical Systems, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Is Merit Medical Systems (NASDAQ:MMSI) Using Too Much Debt?

Apr 30
Is Merit Medical Systems (NASDAQ:MMSI) Using Too Much Debt?

Merit Medical Systems: Solid Performer, Fully Valued

Mar 03

Earnings and Revenue Growth Forecasts

NasdaqGS:MMSI - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20271,6661712022925
12/31/20261,57315619326010
12/31/20251,47912116024710
3/31/20251,388122178225N/A
12/31/20241,357120183221N/A
9/30/20241,326120173214N/A
6/30/20241,301117177218N/A
3/31/20241,283102131167N/A
12/31/20231,25794108145N/A
9/30/20231,22610068111N/A
6/30/20231,198904595N/A
3/31/20231,1738565117N/A
12/31/20221,1517566114N/A
9/30/20221,1366289132N/A
6/30/20221,1165887122N/A
3/31/20221,1014890124N/A
12/31/20211,07548116147N/A
9/30/20211,05443105138N/A
6/30/20211,03128133168N/A
3/31/20219694131172N/A
12/31/2020964-10116165N/A
9/30/2020964-2996155N/A
6/30/2020963-3044115N/A
3/31/20201,000-41693N/A
12/31/20199955-478N/A
9/30/201997019-375N/A
6/30/2019949391787N/A
3/31/2019918432492N/A
12/31/201888342N/A87N/A
9/30/201884040N/A82N/A
6/30/201879819N/A63N/A
3/31/201876018N/A55N/A
12/31/201772828N/A63N/A
9/30/201769528N/A61N/A
6/30/201767233N/A63N/A
3/31/201763731N/A57N/A
12/31/201660420N/A54N/A
9/30/201658019N/A49N/A
6/30/201655923N/A55N/A
3/31/201654623N/A62N/A
12/31/201554224N/A69N/A
9/30/201553726N/A79N/A
6/30/201552929N/A74N/A
3/31/201552025N/A65N/A
12/31/201451023N/A53N/A
9/30/201449721N/A49N/A
6/30/201448319N/A57N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MMSI's forecast earnings growth (14% per year) is above the savings rate (2.8%).

Earnings vs Market: MMSI's earnings (14% per year) are forecast to grow slower than the US market (14.1% per year).

High Growth Earnings: MMSI's earnings are forecast to grow, but not significantly.

Revenue vs Market: MMSI's revenue (6.7% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: MMSI's revenue (6.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MMSI's Return on Equity is forecast to be low in 3 years time (13.3%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/27 09:12
End of Day Share Price 2025/04/25 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Merit Medical Systems, Inc. is covered by 22 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David RescottBaird
Ishan MajumdarBaptista Research
Michael PetuskyBarrington Research Associates, Inc.