Merit Medical Systems

Merit Medical Systems, Inc. (Nasdaq: MMSI) is a leading manufacturer of medical devices used in diagnostic & interventional cardiology & radiology procedures. Its primary products consist of inflation devices used in angioplasty, stent placement & discography; diagnostic & therapeutic catheters used for various procedures in cardiology & radiology; guide wires used to place balloon angioplasty catheters within a patient's coronary arteries; products used to manage & monitor the administration of contrast & other fluid solutions during diagnostic & therapeutic procedures; thrombolytic catheters & fluid dispensing systems; angiography accessories; & standard & custom angiography kits.

Headquartered in South Jordan, Utah, a suburb of Salt Lake City, Merit employs approximately 1,900 people worldwide. Merit markets its products in the United States & Europe (direct sales force) & the world (distributors). They call directly on physicians & clinicians in hospitals & clinics worldwide. 

The Company has expanded to three separate facilities in the Salt Lake City, Utah area (South Jordan, Murray and West Jordan). Merit also has facilities in Galway, Ireland (guidewires), Angleton, Texas (catheters), in Richmond, Virginia (procedural trays & packs) & a customer service & distribution center in Maastricht, The Netherlands. The Company has achieved a world leadership position in inflation devices & hemostasis valves & is renowned for its product innovation, customer service & product quality. 

Merit possesses a proprietary manufacturing process which allows it to offer contract manufacturing (OEM) to a wide range of medical device companies. 

Merit Endotek is a newly created division of Merit. These products are focused in the gastroenterology medical device market. The products include stent technology in the emerging field of non-vascular interventional stenting. This next-generation stent technology is used in the lungs, esophagus, & biliary tract.
South Jordan, US
Size (employees)
3,105 (est)-17%
Merit Medical Systems was founded in 1987 and is headquartered in South Jordan, US

Merit Medical Systems Office Locations

Merit Medical Systems has office in South Jordan
South Jordan, US

Merit Medical Systems Metrics

Merit Medical Systems Summary

Market capitalization

$1.31 B

Closing share price

Merit Medical Systems's current market capitalization is $1.31 B.

Merit Medical Systems Financials

Merit Medical Systems's revenue is $542 M in FY, 2015 which is a 6.37% increase from the previous period.
FY, 2015FY, 2014FY, 2013


$542 M$510 M$449 M

Revenue growth, %


Gross profit

$236 M$225 M$194 M

Operating income

$37.5 M$40.2 M$27.8 M

Operating expense total

$198 M$185 M$167 M

Net Income

$23.8 M$23 M$16.6 M

Operating cash flow

$-3.18 M$-104 K$-2.26 M

Merit Medical Systems Market Value History

Merit Medical Systems Online Presence

Merit Medical Systems Company Life

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