Merit Medical Systems, Inc.
Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures, primarily in cardiology, radiology, oncology, critical care, and endoscopy. The company opera…
Medical - Instruments & Supplies
US, South Jordan [HQ]
MMSI/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 257.00 | 296.00 | 359.00 | 394.00 | 449.00 | 509.00 | 542.00 | 603.00 | 727.00 | 882.00 | 994.00 | 963.00 | 1,074.00 | 1,150.00 | 1,253.00 | |
|
EPS
|
0.64 | 0.35 | 0.59 | 0.47 | 0.39 | 0.53 | 0.54 | 0.45 | 0.56 | 0.80 | 0.10 | -0.18 | 0.86 | 1.31 | 1.64 | |
| Diluted in mil. | 0.63 | 0.34 | 0.58 | 0.46 | 0.39 | 0.53 | 0.53 | 0.45 | 0.55 | 0.78 | 0.10 | -0.18 | 0.84 | 1.29 | 1.62 | |
|
Profit
|
108.00 | 128.00 | 165.00 | 181.00 | 194.00 | 225.00 | 235.00 | 265.00 | 326.00 | 394.00 | 432.00 | 401.00 | 485.00 | 519.00 | 522.00 | |
| Gross Margin | 42.26 | 43.30 | 46.03 | 46.16 | 43.28 | 44.19 | 43.49 | 43.89 | 44.82 | 44.72 | 43.46 | 41.62 | 45.16 | 45.10 | 41.67 | |
| Pre Tax | 33.00 | 16.00 | 32.00 | 27.00 | 19.00 | 31.00 | 31.00 | 25.00 | 35.00 | 49.00 | 2.00 | -13.00 | 53.00 | 82.00 | 112.00 | |
| Profit Margin | 12.85 | 5.66 | 9.15 | 7.00 | 4.42 | 6.19 | 5.75 | 4.20 | 4.93 | 5.61 | 0.22 | -1.37 | 5.02 | 7.18 | 8.94 | |
| ETR | 31.92 | 25.78 | 29.90 | 28.63 | 16.48 | 27.23 | 23.71 | 20.74 | 23.29 | 15.15 | -148.56 | 25.61 | 10.13 | 9.82 | 15.77 | |
| Net | 22.00 | 12.00 | 23.00 | 19.00 | 16.00 | 22.00 | 23.00 | 20.00 | 27.00 | 42.00 | 5.00 | -9.00 | 48.00 | 74.00 | 94.00 | |
| Profit Margin | 8.75 | 4.20 | 6.41 | 5.00 | 3.69 | 4.51 | 4.39 | 3.33 | 3.78 | 4.76 | 0.55 | -1.02 | 4.51 | 6.47 | 7.53 | |
| EBITDA | 33.00 | 25.00 | 39.00 | 30.00 | 31.00 | 40.00 | 38.00 | 34.00 | 45.00 | 60.00 | 38.00 | 44.00 | 172.00 | 194.00 | 223.00 | |
| EBITDA Margin | 12.83 | 8.62 | 10.89 | 7.78 | 7.10 | 8.03 | 7.10 | 5.75 | 6.21 | 6.85 | 3.88 | 4.59 | 16.04 | 16.91 | 17.81 | |
| Operating Income | 32.00 | 17.00 | 33.00 | 29.00 | 27.00 | 40.00 | 37.00 | 34.00 | 33.00 | 58.00 | -65.00 | -62.00 | 60.00 | 87.00 | 121.00 | |
| Operating Margin | 12.76 | 5.80 | 9.23 | 7.52 | 6.20 | 7.88 | 6.92 | 5.78 | 4.54 | 6.64 | -6.60 | -6.49 | 5.67 | 7.61 | 9.73 | |
| Interest Income | - - | - - | - - | - - | - - | - - | - - | - - | - - | 1.00 | - - | - - | - - | - - | 2.00 | |
| Loss | -224.00 | -271.00 | -320.00 | -362.00 | -417.00 | -468.00 | -503.00 | -568.00 | -682.00 | -823.00 | -955.00 | -917.00 | -996.00 | -1,049.00 | -1,131.00 | |
| Cost of Revenue | -148.00 | -168.00 | -193.00 | -212.00 | -254.00 | -284.00 | -306.00 | -338.00 | -401.00 | -487.00 | -562.00 | -562.00 | -589.00 | -631.00 | -731.00 | |
|
Operating Expenses
|
-75.00 | -102.00 | -126.00 | -149.00 | -162.00 | -184.00 | -197.00 | -229.00 | -280.00 | -335.00 | -392.00 | -355.00 | -406.00 | -418.00 | -400.00 | |
| R&D | -11.00 | -15.00 | -21.00 | -27.00 | -33.00 | -36.00 | -40.00 | -45.00 | -51.00 | -59.00 | -65.00 | -57.00 | -71.00 | -75.00 | -82.00 | |
| G&A | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| SG&A | -64.00 | -87.00 | -104.00 | -122.00 | -128.00 | -147.00 | -156.00 | -184.00 | -229.00 | -276.00 | -327.00 | -297.00 | -335.00 | -342.00 | -317.00 | |
| S&M | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Depreciation and Amortization | -12.00 | -14.00 | -19.00 | -22.00 | -32.00 | -35.00 | -37.00 | -43.00 | -53.00 | -69.00 | -104.00 | -106.00 | -95.00 | -92.00 | -101.00 | |
| Interest Expenses | - - | - - | - - | - - | -8.00 | -8.00 | -6.00 | -8.00 | -7.00 | -10.00 | -12.00 | -9.00 | -5.00 | -6.00 | -18.00 | |
| Other Expenses | - - | -8.00 | -5.00 | -4.00 | -4.00 | - - | -1.00 | -1.00 | -2.00 | - - | -67.00 | -49.00 | -6.00 | -4.00 | -9.00 | |
|
WA Shares Outstanding
|
35.00 | 35.00 | 39.00 | 42.00 | 42.00 | 43.00 | 44.00 | 44.00 | 48.00 | 52.00 | 55.00 | 55.00 | 56.00 | 56.00 | 57.00 | |
| Diluted | 35.00 | 35.00 | 39.00 | 42.00 | 42.00 | 43.00 | 44.00 | 44.00 | 50.00 | 53.00 | 56.00 | 55.00 | 57.00 | 57.00 | 58.00 |