Merit Medical Systems (MMSI) FCF Margin (2010 - 2026)
Merit Medical Systems' (MMSI) quarterly FCF Margin came in at 12.4% in Q2 2026, down 578.0% year-over-year from 2.59% in Q2 2025, and up 91.96% quarter-over-quarter from 6.46% in Q1 2026.
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Merit Medical Systems (MMSI) FCF Margin (2010 - 2026) Analysis & Trends
Merit Medical Systems has disclosed FCF Margin across 17 years of filings, most recently posting 12.4% for Q2 2026.
- In Q2 2026, FCF Margin fell 578.0% year-over-year to 12.4%; the TTM figure through Jun 2026 stood at 12.87% (up 1386.0% YoY), while the FY2025 annual figure was 14.23%, up 54.0% from the prior year.
- FCF Margin came in at 12.4% for Q2 2026 at Merit Medical Systems, up from 6.46% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 18.8% in Q4 2025 to a low of 39.77% in Q4 2024.
- Average FCF Margin over 5 years is 7.2%, with a median of 9.14% recorded in 2022.
- Year-over-year, FCF Margin sank 5676 bps in 2024 and jumped 5857 bps in 2025.
- Over 5 years, FCF Margin stood at 5.29% in 2022, then surged by 221 bps to 16.98% in 2023, then sank by 334 bps to 39.77% in 2024, then soared by 147 bps to 18.8% in 2025, then slumped by 34 bps to 12.4% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 12.4% in Q2 2026, 6.46% in Q1 2026, and 18.8% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 179.79 Bn | 174.18 Bn | 7.27 Bn | 15.81% |
| 2 | Intuitive Surgical | 127.69 Bn | 122.47 Bn | 1.96 Bn | 32.79% |
| 3 | Medtronic | 117.23 Bn | 108.41 Bn | 6.34 Bn | 13.22% |
| 4 | Stryker | 103.55 Bn | 100.07 Bn | 4.50 Bn | 16.07% |
| 5 | Boston Scientific | 63.24 Bn | 62.70 Bn | 3.85 Bn | 23.50% |
| 6 | Edwards Lifesciences | 49.97 Bn | 45.72 Bn | 1.35 Bn | 33.60% |
| 7 | Alcon | 32.83 Bn | 31.37 Bn | 1.68 Bn | 21.78% |
| 8 | Dexcom | 32.30 Bn | 30.35 Bn | 830.00 Mn | 14.10% |
| 9 | Steris | 20.73 Bn | 20.25 Bn | 684.20 Mn | 18.73% |
| 10 | Merit Medical Systems | 5.16 Bn | 4.71 Bn | 215.17 Mn | 12.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.40% |
| Mar 31, 2026 | 6.46% |
| Dec 31, 2025 | 18.80% |
| Sep 30, 2025 | 13.68% |
| Jun 30, 2025 | 18.19% |
| Mar 31, 2025 | 5.49% |
| Dec 31, 2024 | -39.77% |
| Sep 30, 2024 | 11.17% |
| Jun 30, 2024 | 17.12% |
| Mar 31, 2024 | 7.58% |
| Dec 31, 2023 | 16.98% |
| Sep 30, 2023 | 13.47% |
| Jun 30, 2023 | 3.60% |
| Mar 31, 2023 | 0.59% |
| Dec 31, 2022 | 5.29% |
| Sep 30, 2022 | 6.86% |
| Jun 30, 2022 | 10.69% |
| Mar 31, 2022 | 0.90% |
| Dec 31, 2021 | 13.46% |
| Sep 30, 2021 | 6.81% |