Growth Metrics

Merit Medical Systems (MMSI) Tax Rate (2016 - 2025)

Merit Medical Systems' Tax Rate history spans 16 years, with the latest figure at 24.87% for Q2 2025.

  • For Q2 2025, Tax Rate rose 280.0% year-over-year to 24.87%; the TTM value through Jun 2025 reached 21.12%, up 298.0%, while the annual FY2025 figure was 70.11%, 1748.0% up from the prior year.
  • Tax Rate for Q2 2025 was 24.87% at Merit Medical Systems, up from 20.42% in the prior quarter.
  • Across five years, Tax Rate topped out at 25.96% in Q2 2022 and bottomed at 6.93% in Q4 2022.
  • The 5-year median for Tax Rate is 18.84% (2023), against an average of 18.66%.
  • The largest annual shift saw Tax Rate surged 8386bps in 2021 before it crashed -708bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 14.93% in 2021, then plummeted by -54bps to 6.93% in 2022, then skyrocketed by 172bps to 18.88% in 2023, then dropped by -17bps to 15.64% in 2024, then soared by 59bps to 24.87% in 2025.
  • Per Business Quant, the three most recent readings for MMSI's Tax Rate are 24.87% (Q2 2025), 20.42% (Q1 2025), and 15.64% (Q4 2024).