Merit Medical Systems (MMSI) EV to CFO (2011 - 2026)
Merit Medical Systems' EV to CFO was 17.03 in Q3 2026, up 0.3% from 16.97 a year earlier and up 30.8% from the prior quarter.
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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 11.98 through Sep 30, 2026, down 6.5% 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%).
- The Q3 2026 figure marks the highest quarterly EV to CFO since Q2 2025.
- Compared with a year earlier, EV to CFO was higher in three of the last eight quarters, with an average decline of 17.9%.
- 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 Q3 2026 was 13.02 (Q2 2026), 12.18 (Q1 2026) and 16.11 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 265.71 Bn | 242.23 Bn | 5.13 Bn |
| 2 | Abbott Laboratories | 189.37 Bn | 163.23 Bn | 7.39 Bn |
| 3 | Danaher | 164.78 Bn | 144.43 Bn | 3.84 Bn |
| 4 | Intuitive Surgical | 157.85 Bn | 138.13 Bn | 2.08 Bn |
| 5 | Medtronic | 129.66 Bn | 94.91 Bn | 6.34 Bn |
| 6 | Stryker | 121.82 Bn | 108.01 Bn | 4.25 Bn |
| 7 | Boston Scientific | 63.42 Bn | 58.86 Bn | 3.43 Bn |
| 8 | Edwards Lifesciences | 59.49 Bn | 42.69 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 58.38 Bn | 55.53 Bn | 2.32 Bn |
| 10 | Merit Medical Systems | 5.24 Bn | 3.36 Bn | 200.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.03 |
| 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 |
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();