Merit Medical Systems (MMSI) Price to Earnings (2009 - 2026)
Merit Medical Systems' (MMSI) Price to Earnings came in at 32.26 for Q3 2026, down 22.6% from 41.67 a year earlier but up 13.4% from the prior quarter.
Analysis
Merit Medical Systems (MMSI) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Merit Medical Systems' Price to Earnings stood at 40.76, down 13.6% from FY2024.
- In prior years, Merit Medical Systems' Price to Earnings was 47.21 in FY2024 (+1.4%), 46.55 in FY2023 (-14.3%), 54.31 in FY2022 (-25.3%) and 72.74 in FY2021.
- Quarterly Price to Earnings has run from a low of 28.44 in Q2 2026 to a high of 78.45 in Q1 2022 over five years.
- On a year-over-year basis, Price to Earnings has declined in each of the last five quarters, with an average decline of 12.7% over the last eight quarters.
- The strongest year-over-year quarter for Price to Earnings in the past five years was Q3 2024, with growth of 20.6%; the weakest was Q1 2022, with a decline of 90.0%.
- According to Business Quant data, Price to Earnings for the three prior quarters was 28.44 (Q2 2026), 29.51 (Q1 2026) and 40.76 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn |
| 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 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 32.26 |
| Jun 30, 2026 | 28.44 |
| Mar 31, 2026 | 29.51 |
| Dec 31, 2025 | 40.76 |
| Sep 30, 2025 | 41.67 |
| Jun 30, 2025 | 46.47 |
| Mar 31, 2025 | 51.08 |
| Dec 31, 2024 | 47.21 |
| Sep 30, 2024 | 47.98 |
| Jun 30, 2024 | 42.59 |
| Mar 31, 2024 | 43.17 |
| Dec 31, 2023 | 46.55 |
| Sep 30, 2023 | 39.78 |
| Jun 30, 2023 | 53.79 |
| Mar 31, 2023 | 50.19 |
| Dec 31, 2022 | 54.31 |
| Sep 30, 2022 | 52.11 |
| Jun 30, 2022 | 52.71 |
| Mar 31, 2022 | 78.45 |
| Dec 31, 2021 | 72.74 |
API Access
Merit Medical Systems Price to Earnings 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=price-to-earnings&ticker=MMSI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();