Merit Medical Systems (MMSI) FCF Margin (2010 - 2026)
Merit Medical Systems recorded quarterly FCF Margin of 6.46% in Q1 2026, down 74.65% quarter-over-quarter from 25.49% in Q4 2025, and down 388.0% year-over-year from 2.24% in Q1 2025.
Merit Medical Systems' FCF Margin history runs 17 years deep, the most recent figure standing at 6.46% for Q1 2026.
- In Q1 2026, FCF Margin fell 388.0% year-over-year to 6.46%; the TTM figure through Mar 2026 stood at 18.29% (up 1728.0% YoY), while the FY2025 annual figure was 19.41%, up 572.0% from the prior year.
- FCF Margin came in at 6.46% for Q1 2026 at Merit Medical Systems, down from 25.49% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 27.27% in Q3 2025 to a low of 39.77% in Q4 2024.
- A 5-year average of 9.82% and a median of 12.77% in 2022 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin slumped 5783 bps in 2024 and soared 6526 bps in 2025, its largest moves.
- Merit Medical Systems' FCF Margin stood at 19.37% in 2022, then decreased by 7 bps to 18.06% in 2023, then plunged by 320 bps to 39.77% in 2024, then jumped by 164 bps to 25.49% in 2025, then sank by 75 bps to 6.46% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 6.46%, 25.49%, and 27.27% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 29.18% |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 11.58% |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 36.36% |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 7.55% |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | -13.60% |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 15.50% |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 11.56% |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 2.81% |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 5.42% |
| 10 | Merit Medical Systems | 3.79 Bn | 3.30 Bn | 184.80 Mn | 6.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.46% |
| Dec 31, 2025 | 25.49% |
| Sep 30, 2025 | 27.27% |
| Jun 30, 2025 | 13.68% |
| Mar 31, 2025 | 10.34% |
| Dec 31, 2024 | -39.77% |
| Sep 30, 2024 | 12.90% |
| Jun 30, 2024 | 22.12% |
| Mar 31, 2024 | 7.58% |
| Dec 31, 2023 | 18.06% |
| Sep 30, 2023 | 16.10% |
| Jun 30, 2023 | 5.18% |
| Mar 31, 2023 | 3.68% |
| Dec 31, 2022 | 19.37% |
| Sep 30, 2022 | 2.27% |
| Jun 30, 2022 | 12.77% |
| Mar 31, 2022 | 3.47% |
| Dec 31, 2021 | 13.46% |
| Sep 30, 2021 | 2.39% |
| Jun 30, 2021 | 16.54% |
| Mar 31, 2021 | 11.68% |
| Dec 31, 2020 | 14.52% |
| Sep 30, 2020 | 22.29% |
| Jun 30, 2020 | 21.87% |
| Mar 31, 2020 | 9.64% |
| Dec 31, 2019 | 29.88% |
| Sep 30, 2019 | -16.28% |
| Jun 30, 2019 | 9.17% |
| Mar 31, 2019 | 3.74% |
| Dec 31, 2018 | 9.32% |
| Sep 30, 2018 | 12.94% |
| Jun 30, 2018 | 17.53% |
| Mar 31, 2018 | -4.09% |
| Dec 31, 2017 | 9.81% |
| Sep 30, 2017 | 14.06% |
| Jun 30, 2017 | 1.27% |
| Mar 31, 2017 | 8.43% |
| Dec 31, 2016 | 6.92% |
| Sep 30, 2016 | -8.98% |
| Jun 30, 2016 | 15.46% |
| Mar 31, 2016 | 0.43% |
| Dec 31, 2015 | 35.23% |
| Sep 30, 2015 | -15.08% |
| Jun 30, 2015 | 14.85% |
| Mar 31, 2015 | 13.53% |
| Dec 31, 2014 | 32.46% |
| Sep 30, 2014 | -7.28% |
| Jun 30, 2014 | 10.81% |
| Mar 31, 2014 | 2.33% |
| Dec 31, 2013 | 51.43% |
| Sep 30, 2013 | -14.24% |
| Jun 30, 2013 | 17.35% |
| Mar 31, 2013 | -16.42% |
| Dec 31, 2012 | -41.51% |
| Sep 30, 2012 | 10.36% |
| Jun 30, 2012 | 24.91% |
| Mar 31, 2012 | -10.72% |
| Dec 31, 2011 | 2.00% |
| Sep 30, 2011 | -7.38% |
| Jun 30, 2011 | -8.81% |
| Mar 31, 2011 | -4.54% |
| Dec 31, 2010 | -9.15% |
| Sep 30, 2010 | 17.01% |