Merit Medical Systems (MMSI) EBITDA Margin (2010 - 2026)

Merit Medical Systems' (MMSI) quarterly EBITDA Margin came in at 11.56% in Q1 2026, up 2.0% year-on-year from 11.34% in Q1 2025, and up 148.14% quarter-over-quarter from 24.02% in Q4 2025.

Merit Medical Systems (MMSI) EBITDA Margin (2010 - 2026) Analysis & Trends

Merit Medical Systems has disclosed EBITDA Margin across 17 years of filings, most recently posting 11.56% for Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 11.56%, up 2.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.53% (down 11.0% YoY), and the FY2025 annual result was 2.37%, up 5.0% from the prior year.
  • EBITDA Margin came in at 11.56% for Q1 2026 at Merit Medical Systems, up from 24.02% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 13.59% in Q2 2024 to a low of 24.67% in Q4 2024.
  • The 5-year median for EBITDA Margin is 10.37% (2022), against an average of 4.24%.
  • Across the five-year window, EBITDA Margin surged 471 bps in 2022 and sank 3095 bps in 2023, its largest moves.
  • Merit Medical Systems' EBITDA Margin stood at 10.37% in 2022, then tumbled by 299 bps to 20.58% in 2023, then slipped by 20 bps to 24.67% in 2024, then climbed by 3 bps to 24.02% in 2025, then jumped by 148 bps to 11.56% in 2026.
  • The last three EBITDA Margin figures came in at 11.56% (Q1 2026), 24.02% (Q4 2025), and 11.09% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 28.86%
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 1.97%
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 1.63%
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 34.92%
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 20.96%
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 4.04%
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn -9.90%
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 13.65%
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 2.44%
10 Merit Medical Systems 4.03 Bn 3.54 Bn 184.80 Mn 11.56%

Historic Data

Download Data
DateValue
Mar 31, 2026 11.56%
Dec 31, 2025 -24.02%
Sep 30, 2025 11.09%
Jun 30, 2025 12.26%
Mar 31, 2025 11.55%
Dec 31, 2024 -24.67%
Sep 30, 2024 10.96%
Jun 30, 2024 13.59%
Mar 31, 2024 11.10%
Dec 31, 2023 -20.58%
Sep 30, 2023 11.15%
Jun 30, 2023 9.00%
Mar 31, 2023 8.87%
Dec 31, 2022 10.37%
Sep 30, 2022 6.50%
Jun 30, 2022 7.88%
Mar 31, 2022 5.53%
Dec 31, 2021 7.86%
Sep 30, 2021 5.97%
Jun 30, 2021 3.17%