Merit Medical Systems (MMSI) Return on Capital Employed (2011 - 2026)
Merit Medical Systems (MMSI) posted Return on Capital Employed of 7.97% for Q2 2026, up 5.47% sequentially from 7.56% in Q1 2026, and up 94.0% YoY from 4.11% in Q2 2025.
Merit Medical Systems (MMSI) Return on Capital Employed (2011 - 2026) Analysis & Trends
Merit Medical Systems has reported Return on Capital Employed for 16 years, with the latest figure at 7.97% in Q2 2026.
- Quarterly Return on Capital Employed rose 94.0% year-over-year to 7.97% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 7.97% (up 94.0% YoY) and the FY2025 annual result came in at 7.99%, up 76.0% from the prior year.
- Return on Capital Employed advanced to 7.97% in Q2 2026 per MMSI's latest filing, from 7.56% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 7.97% in Q2 2026 and troughed at 4.32% in Q1 2022.
- A 5-year average of 6.7% and a median of 6.99% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2024: Return on Capital Employed soared 354 bps in 2022, then plunged 54 bps in 2024.
- Over 5 years, Return on Capital Employed stood at 6.13% in 2022, then grew by 8 bps to 6.65% in 2023, then gained by 7 bps to 7.14% in 2024, then gained by 7 bps to 7.64% in 2025, then grew by 4 bps to 7.97% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 7.97%, 7.56%, and 7.64% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 18.58% |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 6.00% |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | 28.11% |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 25.22% |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 5.57% |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 19.71% |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | 19.76% |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | 4.68% |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 3.28% |
| 10 | Merit Medical Systems | 5.43 Bn | 4.98 Bn | 215.17 Mn | 7.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.97% |
| Mar 31, 2026 | 7.56% |
| Dec 31, 2025 | 7.64% |
| Sep 30, 2025 | 7.03% |
| Jun 30, 2025 | 7.03% |
| Mar 31, 2025 | 7.16% |
| Dec 31, 2024 | 7.14% |
| Sep 30, 2024 | 7.03% |
| Jun 30, 2024 | 6.96% |
| Mar 31, 2024 | 6.23% |
| Dec 31, 2023 | 6.65% |
| Sep 30, 2023 | 7.38% |
| Jun 30, 2023 | 6.64% |
| Mar 31, 2023 | 6.77% |
| Dec 31, 2022 | 6.13% |
| Sep 30, 2022 | 5.57% |
| Jun 30, 2022 | 5.32% |
| Mar 31, 2022 | 4.32% |
| Dec 31, 2021 | 4.32% |
| Sep 30, 2021 | 3.85% |