Merit Medical Systems (MMSI) Interest Coverage Ratio (2010 - 2026)
Merit Medical Systems (MMSI) posted Interest Coverage Ratio of 0.93 for Q2 2026, up 15.39% sequentially from 0.8 in Q1 2026, and up 28.78% YoY from 0.72 in Q2 2025.
Merit Medical Systems (MMSI) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Merit Medical Systems has reported Interest Coverage Ratio for 17 years, with the latest figure at 0.93 in Q2 2026.
- Quarterly Interest Coverage Ratio rose 28.78% year-over-year to 0.93 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 3.09 (up 24.44% YoY) and the FY2025 annual result came in at 2.75, up 32.35% from the prior year.
- Interest Coverage Ratio grew to 0.93 in Q2 2026 per MMSI's latest filing, from 0.8 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 8.42 in Q4 2022 and troughed at 43.54 in Q4 2023.
- A 5-year average of 1.84 and a median of 0.73 in 2025 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio jumped 249.49% in 2022, then tumbled 617.16% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 8.42 in 2022, then sank by 617.16% to 43.54 in 2023, then jumped by 93.84% to 2.68 in 2024, then tumbled by 117.24% to 5.83 in 2025, then jumped by 115.89% to 0.93 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.93, 0.8, and 5.83 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | - |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 5.02 |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 0.21 |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | - |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | - |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 68.88 |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | - |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | -1.48 |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | - |
| 10 | Merit Medical Systems | 5.39 Bn | 4.94 Bn | 215.17 Mn | 4.98 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.93 |
| Mar 31, 2026 | 0.80 |
| Dec 31, 2025 | 94.91 |
| Sep 30, 2025 | 0.65 |
| Jun 30, 2025 | 0.72 |
| Mar 31, 2025 | 0.73 |
| Dec 31, 2024 | 2,031.33 |
| Sep 30, 2024 | 0.70 |
| Jun 30, 2024 | 1.02 |
| Mar 31, 2024 | 0.80 |
| Dec 31, 2023 | 9.56 |
| Sep 30, 2023 | 0.80 |
| Jun 30, 2023 | 0.66 |
| Mar 31, 2023 | 0.91 |
| Dec 31, 2022 | 14.09 |
| Sep 30, 2022 | 0.59 |
| Jun 30, 2022 | 0.73 |
| Mar 31, 2022 | 0.48 |
| Dec 31, 2021 | 9.34 |
| Sep 30, 2021 | 0.38 |