Merit Medical Systems (MMSI) Return on Invested Capital [ROIC] (2011 - 2026)
Merit Medical Systems (MMSI) posted Return on Invested Capital [ROIC] of 6.31% for Q2 2026, up 0.48 percentage points from 5.82% a year earlier and up 0.31 percentage points from the prior quarter.
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Analysis
Merit Medical Systems (MMSI) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Merit Medical Systems' Return on Invested Capital [ROIC] came in at 6.27%, up 0.23 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +6.36 percentage points (FY2020 to FY2025).
- In prior years, Merit Medical Systems' Return on Invested Capital [ROIC] was 6.04% in FY2024 (-0.16 pp), 6.20% in FY2023 (+0.18 pp), 6.02% in FY2022 (+1.79 pp) and 4.22% in FY2021 (+4.31 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] since Q3 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in four of the last eight quarters, with an average year-over-year change of -0.06 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q3 2021, with a gain of 5.29 percentage points; the weakest was Q3 2024, with a drop of 1.19 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 5.99% (Q1 2026), 6.06% (Q4 2025) and 5.77% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.89% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 6.20% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 5.71% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 6.90% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 10.46% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.53% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 8.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 5.27% |
| 10 | Merit Medical Systems | 5.10 Bn | 3.32 Bn | 215.17 Mn | 6.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.31% |
| Mar 31, 2026 | 5.99% |
| Dec 31, 2025 | 6.06% |
| Sep 30, 2025 | 5.77% |
| Jun 30, 2025 | 5.82% |
| Mar 31, 2025 | 6.00% |
| Dec 31, 2024 | 5.97% |
| Sep 30, 2024 | 5.95% |
| Jun 30, 2024 | 6.04% |
| Mar 31, 2024 | 5.53% |
| Dec 31, 2023 | 5.89% |
| Sep 30, 2023 | 7.14% |
| Jun 30, 2023 | 6.54% |
| Mar 31, 2023 | 6.56% |
| Dec 31, 2022 | 5.97% |
| Sep 30, 2022 | 5.12% |
| Jun 30, 2022 | 4.90% |
| Mar 31, 2022 | 4.15% |
| Dec 31, 2021 | 4.25% |
| Sep 30, 2021 | 3.93% |
API Access
Merit Medical Systems Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=MMSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();