Merit Medical Systems (MMSI) Interest Coverage Ratio (2009 - 2026)
Merit Medical Systems' Interest Coverage Ratio came in at 8.01 for Q3 2026, up 27.0% from 6.31 a year earlier and up 60.8% from the prior quarter.
Powered by 
Analysis
Merit Medical Systems (MMSI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Merit Medical Systems reported Interest Coverage Ratio of 6.73, up 13.1% year-over-year; for FY2025, it was 6.98, up 40.0% from FY2024.
- Going back by year, Interest Coverage Ratio was 4.99 in FY2024 (-37.6%), 7.99 in FY2023 (-42.2%), 13.81 in FY2022 (+19.3%) and 11.58 in FY2021.
- The five-year range for quarterly Interest Coverage Ratio is 4.46 (Q1 2024) to 19.82 (Q4 2021).
- Year-over-year, Interest Coverage Ratio increased in six of the last eight quarters, with growth averaging 18.0%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q2 2022 (growth of 168.8%), and the weakest in Q1 2024 (a decline of 66.0%).
- Business Quant data shows MMSI's Interest Coverage Ratio at 4.98 (Q2 2026), 6.77 (Q1 2026) and 8.52 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 5.43 |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 3.88 |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 9.22 |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 9.48 |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 7.23 |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 8.28 |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | - |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | - |
| 10 | Merit Medical Systems | 5.26 Bn | 3.37 Bn | 200.63 Mn | 8.01 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.01 |
| Jun 30, 2026 | 4.98 |
| Mar 31, 2026 | 6.77 |
| Dec 31, 2025 | 8.52 |
| Sep 30, 2025 | 6.31 |
| Jun 30, 2025 | 6.92 |
| Mar 31, 2025 | 6.25 |
| Dec 31, 2024 | 4.57 |
| Sep 30, 2024 | 4.97 |
| Jun 30, 2024 | 5.98 |
| Mar 31, 2024 | 4.46 |
| Dec 31, 2023 | 6.75 |
| Sep 30, 2023 | 7.26 |
| Jun 30, 2023 | 7.83 |
| Mar 31, 2023 | 13.12 |
| Dec 31, 2022 | 14.09 |
| Sep 30, 2022 | 10.19 |
| Jun 30, 2022 | 17.25 |
| Mar 31, 2022 | 15.20 |
| Dec 31, 2021 | 19.82 |
API Access
Merit Medical Systems Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MMSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();