Merit Medical Systems (MMSI) EBITDA Margin (2010 - 2026)
Merit Medical Systems (MMSI) posted EBITDA Margin of 14.42% for Q2 2026, up 24.72% sequentially from 11.56% in Q1 2026, and up 216.0% YoY from 4.56% in Q2 2025.
Merit Medical Systems (MMSI) EBITDA Margin (2010 - 2026) Analysis & Trends
Merit Medical Systems has reported EBITDA Margin for 17 years, with the latest figure at 14.42% in Q2 2026.
- Quarterly EBITDA Margin rose 216.0% year-over-year to 14.42% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 12.75% (up 147.0% YoY) and the FY2025 annual result came in at 12.19%, up 71.0% from the prior year.
- EBITDA Margin rose to 14.42% in Q2 2026 per MMSI's latest filing, from 11.56% in the prior quarter.
- Over five years, EBITDA Margin peaked at 14.42% in Q2 2026 and troughed at 5.53% in Q1 2022.
- A 5-year average of 10.57% and a median of 11.03% in 2024 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2022 and 2025: EBITDA Margin jumped 471 bps in 2022, then slumped 134 bps in 2025.
- Over 5 years, EBITDA Margin stood at 10.37% in 2022, then declined by 0 bps to 10.36% in 2023, then dropped by 1 bps to 10.3% in 2024, then soared by 34 bps to 13.76% in 2025, then rose by 5 bps to 14.42% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 14.42%, 11.56%, and 13.76% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | 33.60% |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 13.31% |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 0.39% |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 30.66% |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 5.14% |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 20.53% |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 8.19% |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | -2.87% |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 7.33% |
| 10 | Merit Medical Systems | 5.39 Bn | 4.94 Bn | 215.17 Mn | 14.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.42% |
| Mar 31, 2026 | 11.56% |
| Dec 31, 2025 | 13.76% |
| Sep 30, 2025 | 11.09% |
| Jun 30, 2025 | 12.26% |
| Mar 31, 2025 | 11.55% |
| Dec 31, 2024 | 10.30% |
| Sep 30, 2024 | 10.96% |
| Jun 30, 2024 | 13.59% |
| Mar 31, 2024 | 11.10% |
| Dec 31, 2023 | 10.36% |
| 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% |