Merit Medical Systems (MMSI) EV to CFO (2011 - 2026)
Merit Medical Systems' EV to CFO was 13.02 in Q2 2026, down 39.8% from 21.65 a year earlier but up 6.9% from the prior quarter.
Powered by 
Analysis
Merit Medical Systems (MMSI) EV to CFO (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Merit Medical Systems' EV to CFO was 8.34 through Jun 30, 2026, down 48.7% year-over-year; for FY2025, it came in at 16.11, down 32.9% from FY2024.
- EV to CFO has now declined for three consecutive years.
- In earlier years, EV to CFO was 24.03 in FY2024 (-8.4%), 26.23 in FY2023 (-24.8%), 34.90 in FY2022 (+48.6%) and 23.48 in FY2021 (+28.0%).
- Quarterly EV to CFO has moved between 12.18 (Q1 2026) and 49.81 (Q2 2023) over five years.
- Compared with a year earlier, EV to CFO has declined for four straight quarters, with an average decline of 21.8% over the last eight quarters.
- The best year-over-year quarter for EV to CFO over five years was Q2 2023 (growth of 100.8%); the worst was Q2 2024 (a decline of 59.8%).
- Per Business Quant data, MMSI's EV to CFO in the three quarters before Q2 2026 was 12.18 (Q1 2026), 16.11 (Q4 2025) and 16.97 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn |
| 10 | Merit Medical Systems | 5.25 Bn | 3.47 Bn | 215.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.02 |
| Mar 31, 2026 | 12.18 |
| Dec 31, 2025 | 16.11 |
| Sep 30, 2025 | 16.97 |
| Jun 30, 2025 | 21.65 |
| Mar 31, 2025 | 25.98 |
| Dec 31, 2024 | 24.03 |
| Sep 30, 2024 | 24.43 |
| Jun 30, 2024 | 20.02 |
| Mar 31, 2024 | 22.89 |
| Dec 31, 2023 | 26.23 |
| Sep 30, 2023 | 35.41 |
| Jun 30, 2023 | 49.81 |
| Mar 31, 2023 | 35.88 |
| Dec 31, 2022 | 34.90 |
| Sep 30, 2022 | 23.96 |
| Jun 30, 2022 | 24.81 |
| Mar 31, 2022 | 29.96 |
| Dec 31, 2021 | 23.48 |
| Sep 30, 2021 | 28.80 |
API Access
Merit Medical Systems EV to CFO 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=ev-to-cfo&ticker=MMSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();