Merit Medical Systems (MMSI) Tax Rate (2010 - 2026)

Merit Medical Systems has disclosed Tax Rate across 17 years of filings, most recently posting 23.53% for Q1 2026.

• Tax Rate for Q1 2026 came in at 23.53%, up 295.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.32% (up 494.0% YoY), and the FY2025 annual result was 24.83%, up 507.0% from the prior year.
• Tax Rate came in at 23.53% for Q1 2026 at Merit Medical Systems, down from 25.55% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 46.55% in Q4 2022 to a low of 83.92% in Q4 2023.
• The 5-year median for Tax Rate is 22.03% (2024), against an average of 16.47%.
• Across the five-year window, Tax Rate soared 41220 bps in 2022 and sank 13047 bps in 2023, its largest moves.
• Merit Medical Systems' Tax Rate stood at 46.55% in 2022, then plunged by 280 bps to 83.92% in 2023, then jumped by 119 bps to 15.68% in 2024, then jumped by 63 bps to 25.55% in 2025, then declined by 8 bps to 23.53% in 2026.
• The last three Tax Rate figures came in at 23.53% (Q1 2026), 25.55% (Q4 2025), and 27.98% (Q3 2025), per Business Quant data.