Merit Medical Systems (MMSI) Return on Capital Employed [ROCE] (2009 - 2026)
Merit Medical Systems' Return on Capital Employed [ROCE] was 8.27% in Q3 2026, up 1.25 percentage points from 7.03% a year earlier and up 0.30 percentage points from the prior quarter.
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Analysis
Merit Medical Systems (MMSI) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Merit Medical Systems came in at 7.99%, up 0.76 percentage points from FY2024.
- Return on Capital Employed [ROCE] has now increased for five consecutive years, with a five-year change of +8.09 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 7.22% in FY2024 (+0.30 pp), 6.92% in FY2023 (+0.82 pp), 6.10% in FY2022 (+1.81 pp) and 4.29% in FY2021 (+4.39 pp).
- The Q3 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] since Q4 2011.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for four straight quarters, with an average year-over-year change of +0.57 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q4 2021 (a gain of 4.43 percentage points); the worst was Q1 2024 (a drop of 0.54 percentage points).
- Per Business Quant data, MMSI's Return on Capital Employed [ROCE] in the three quarters before Q3 2026 was 7.97% (Q2 2026), 7.56% (Q1 2026) and 7.64% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 8.51% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 7.18% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 6.23% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 18.68% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 13.86% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 13.22% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 9.99% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 11.59% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 4.76% |
| 10 | Merit Medical Systems | 5.26 Bn | 3.37 Bn | 200.63 Mn | 8.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.27% |
| 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% |
API Access
Merit Medical Systems Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=MMSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();