Merit Medical Systems, Inc.

MMSI · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$1,357$1,257$1,151$1,075
% Growth7.9%9.2%7.1%
Cost of Goods Sold$713$673$632$589
Gross Profit$643$584$519$485
% Margin47.4%46.4%45.1%45.2%
R&D Expenses$84$83$76$71
G&A Expenses$0$0$0$0
SG&A Expenses$377$374$343$336
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$27$4$14$17
Operating Expenses$488$459$432$424
Operating Income$156$124$88$61
% Margin11.5%9.9%7.6%5.7%
Other Income/Exp. Net-$6-$12-$5-$7
Pre-Tax Income$150$112$83$54
Tax Expense$30$18$8$5
Net Income$120$94$75$48
% Margin8.9%7.5%6.5%4.5%
EPS2.071.641.310.86
% Growth26.2%25.2%52.3%
EPS Diluted2.031.621.290.84
Weighted Avg Shares Out58585756
Weighted Avg Shares Out Dil59585857
Supplemental Information
Interest Income$26$2$0$1
Interest Expense$31$16$6$5
Depreciation & Amortization$115$101$92$96
EBITDA$274$229$181$155
% Margin20.2%18.2%15.7%14.4%