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

Merit Medical Systems (MMSI) has 17 years of Tax Rate data on file, last reported at 23.44% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 289.0% year-over-year to 23.44%; the trailing twelve-month figure through Mar 2026 stood at 62.01% (up 5889.0% YoY), and the FY2025 full-year result was 70.11%, up 6806.0% from the prior year.
• Tax Rate advanced to 23.44% in Q1 2026, from 22.0% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 30.95% in Q4 2023 to a low of 64.32% in Q4 2024.
• A 5-year average of 10.3% and a median of 20.55% in 2025 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate plunged 34565 bps in 2022 and surged 7625 bps in 2023, its largest moves.
• Tracing MMSI's Tax Rate over 5 years: stood at 45.3% in 2022, then jumped by 168 bps to 30.95% in 2023, then plunged by 308 bps to 64.32% in 2024, then surged by 66 bps to 22.0% in 2025, then surged by 207 bps to 23.44% in 2026.
• Business Quant data shows MMSI's Tax Rate at 23.44% in Q1 2026, 22.0% in Q4 2025, and 28.02% in Q3 2025.