Merit Medical Systems, Inc.
MMSI · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $1,356,514 | $1,257,366 | $1,150,981 | $1,074,751 |
| % Growth | 7.9% | 9.2% | 7.1% | – |
| Cost of Goods Sold | $713,181 | $673,494 | $631,882 | $589,418 |
| Gross Profit | $643,333 | $583,872 | $519,099 | $485,333 |
| % Margin | 47.4% | 46.4% | 45.1% | 45.2% |
| R&D Expenses | $83,812 | $82,728 | $75,510 | $71,247 |
| G&A Expenses | $0 | $0 | $0 | $0 |
| SG&A Expenses | $376,734 | $373,676 | $342,525 | $335,690 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | $27,094 | $3,524 | $13,501 | $17,480 |
| Operating Expenses | $487,640 | $458,728 | $431,536 | $424,417 |
| Operating Income | $155,693 | $123,944 | $87,563 | $60,916 |
| % Margin | 11.5% | 9.9% | 7.6% | 5.7% |
| Other Income/Exp. Net | -$5,700 | -$11,855 | -$4,934 | -$6,999 |
| Pre-Tax Income | $149,993 | $112,089 | $82,629 | $53,917 |
| Tax Expense | $29,636 | $17,678 | $8,113 | $5,463 |
| Net Income | $120,357 | $94,411 | $74,516 | $48,454 |
| % Margin | 8.9% | 7.5% | 6.5% | 4.5% |
| EPS | 2.07 | 1.64 | 1.31 | 0.86 |
| % Growth | 26.2% | 25.2% | 52.3% | – |
| EPS Diluted | 2.03 | 1.62 | 1.29 | 0.84 |
| Weighted Avg Shares Out | 58,218 | 57,593 | 56,806 | 56,145 |
| Weighted Avg Shares Out Dil | 59,365 | 58,356 | 57,671 | 57,359 |
| Supplemental Information | – | – | – | – |
| Interest Income | $26,230 | $2,456 | $439 | $769 |
| Interest Expense | $31,219 | $15,511 | $6,339 | $5,261 |
| Depreciation & Amortization | $114,732 | $101,292 | $92,198 | $95,784 |
| EBITDA | $273,968 | $228,892 | $181,166 | $154,962 |
| % Margin | 20.2% | 18.2% | 15.7% | 14.4% |