Merit Medical Systems (MMSI) EBT Margin (2009 - 2026)
Merit Medical Systems' EBT Margin was 13.40% in Q3 2026, up 3.37 percentage points from 10.03% a year earlier and up 1.15 percentage points from the prior quarter.
Merit Medical Systems (MMSI) EBT Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Merit Medical Systems' EBT Margin was 13.14% through Sep 30, 2026, up 2.78 percentage points year-over-year; for FY2025, it came in at 11.28%, up 0.22 percentage points from FY2024.
- EBT Margin has now increased for five consecutive years, with a five-year change of +12.65 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 11.06% in FY2024 (+2.14 pp), 8.91% in FY2023 (+1.74 pp), 7.18% in FY2022 (+2.16 pp) and 5.02% in FY2021 (+6.39 pp).
- Quarterly EBT Margin has moved between 5.15% (Q1 2022) and 14.02% (Q1 2026) over five years.
- Compared with a year earlier, EBT Margin has increased for four straight quarters, with an average year-over-year change of +1.00 percentage points over the last eight quarters.
- The best year-over-year quarter for EBT Margin over five years was Q2 2024 (a gain of 5.78 percentage points); the worst was Q2 2025 (a drop of 2.22 percentage points).
- Per Business Quant data, MMSI's EBT Margin in the three quarters before Q3 2026 was 12.25% (Q2 2026), 14.02% (Q1 2026) and 12.96% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 17.20% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 9.46% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 17.27% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 21.92% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 18.13% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 15.29% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 14.27% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 21.17% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 4.91% |
| 10 | Merit Medical Systems | 5.26 Bn | 3.37 Bn | 200.63 Mn | 13.40% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.40% |
| Jun 30, 2026 | 12.25% |
| Mar 31, 2026 | 14.02% |
| Dec 31, 2025 | 12.96% |
| Sep 30, 2025 | 10.03% |
| Jun 30, 2025 | 11.34% |
| Mar 31, 2025 | 10.68% |
| Dec 31, 2024 | 9.33% |
| Sep 30, 2024 | 10.79% |
| Jun 30, 2024 | 13.56% |
| Mar 31, 2024 | 10.62% |
| Dec 31, 2023 | 9.70% |
| Sep 30, 2023 | 9.59% |
| Jun 30, 2023 | 7.78% |
| Mar 31, 2023 | 8.57% |
| Dec 31, 2022 | 10.28% |
| Sep 30, 2022 | 6.13% |
| Jun 30, 2022 | 7.02% |
| Mar 31, 2022 | 5.15% |
| Dec 31, 2021 | 7.25% |
Merit Medical Systems EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=MMSI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "MMSI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();