Merit Medical Systems is a manufacturer and marketer of proprietary disposable medical devices used in a range of interventional, diagnostic, and therapeutic medical procedures. The company offers products in six core groups: peripheral intervention, cardiac intervention, cardiovascular and critical care, interventional oncology and spine, breast cancer localization and guidance, and endoscopy. Its major product types include vascular access systems, catheters, guide wires, accessories and implantation kits, inflation devices, biopsy products, drainage products, needles, arm boards, introducer sheaths, valves, syringes, medication labeling systems, sharps holders, protective containers, ultrasound delivery systems, tumor localization systems, non-vascular stents, dilation balloons, and specialty procedure products.
Type | Public | |
Founded | 1987 | |
HQ | South Jordan, UT, US | Map |
Website | merit.com | |
Employee Ratings | More | |
Overall Culture | D- | More |
USD | |
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Revenue (Q3, 2020) | 244.0m |
Gross profit (Q3, 2020) | 102.0m |
Gross profit margin (Q3, 2020), % | 41.8% |
Net income (Q3, 2020) | (3.0m) |
EBIT (Q3, 2020) | 64.0k |
Market capitalization (8-Jan-2021) | 3.2b |
Closing stock price (8-Jan-2021) | 57.1 |
Cash (30-Sept-2020) | 44.6m |
EV | 3.6b |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|
Revenue | 203.0m | 224.8m | 221.7m | 238.3m | 255.5m | 243.0m | 243.5m | 218.4m | 244.0m |
Cost of goods sold | 115.0m | 124.8m | 119.6m | 133.7m | 143.6m | 138.9m | 139.7m | 134.2m | 142.0m |
Gross profit | 88.1m | 100.0m | 102.0m | 104.6m | 112.0m | 104.1m | 103.8m | 84.2m | 102.0m |
Gross profit Margin, % | 43% | 44% | 46% | 44% | 44% | 43% | 43% | 39% | 42% |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|
Cash | 34.2m | 43.5m | 52.0m | 49.5m | 35.2m | 37.3m | 50.1m | 49.7m | 44.6m |
Accounts Receivable | 119.1m | 131.9m | 129.3m | 146.5m | 156.4m | 144.7m | 150.1m | 138.8m | 142.0m |
Prepaid Expenses | 10.4m | 12.1m | 11.7m | 11.2m | 12.3m | 17.6m | 16.3m | 13.9m | 15.6m |
Inventories | 166.7m | 169.3m | 181.4m | 198.9m | 203.0m | 216.8m | 227.8m | 221.4m | 209.1m |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|
Net Income | 5.3m | 16.2m | 32.8m | 6.2m | 13.1m | 9.7m | (3.2m) | (22.2m) | (25.2m) |
Depreciation and Amortization | 15.3m | 32.8m | 50.4m | 22.3m | 45.0m | 68.5m | 23.3m | 47.0m | 70.5m |
Inventories | (5.4m) | (7.2m) | (19.4m) | (1.3m) | (5.1m) | (19.3m) | (5.0m) | 2.3m | 15.7m |
Accounts Payable | 8.4m | 15.8m | 15.9m | (878.0k) | 1.3m | (3.8m) | 4.3m | (3.9m) | (2.7m) |
USD | FY, 2017 |
---|---|
EV/EBIT | 73 x |
EV/CFO | 38.5 x |
Revenue/Employee | 149.3k |
Debt/Equity | 0.4 x |
Debt/Assets | 0.3 x |
Financial Leverage | 1.6 x |
P/E Ratio | 78.5 |
Company Name | Date | Deal Size |
---|---|---|
Fibrovein Holdings Limited | August 01, 2019 | $13.70 m |
Brightwater Medical Inc. | June 14, 2019 | $50 m |
Vascular Insights LLC | December 14, 2018 | $60 m |
Cianna Medical, Inc. | November 13, 2018 | |
DFINE, Inc. | July 06, 2016 | $97.50 m |
BioSphere Medical SA | May 13, 2010 | $96 m |
Alveolus Inc. | March 17, 2009 | |
Argon Medical Devices Netherlands BV | ||
BioSphere Medical, Inc. | ||
BioSphere Medical Japan, Inc. |
Merit Medical Systems revenue breakdown by business segment: 96.6% from Cardiovascular and 3.4% from Other
Merit Medical Systems revenue breakdown by geographic segment: 57.9% from United States and 42.1% from International
Merit Medical Systems has 3.11k Twitter Followers. The number of followers has increased 0.4% month over month and increased 1% quarter over quarter
4.1k
Tweets
1.2k
Following
3.1k
Followers
74
Tweets last 30 days
1.4
Avg. likes per Tweet
78.4%
Tweets with engagement
D-
52/100
F
42/100
F
42/100
When was Merit Medical Systems founded?
Merit Medical Systems was founded in 1987.
Who are Merit Medical Systems key executives?
Merit Medical Systems's key executives are Fred Lampropoulos, Joe Wright and Ronald Frost.
How many employees does Merit Medical Systems have?
Merit Medical Systems has 6,355 employees.
What is Merit Medical Systems revenue?
Latest Merit Medical Systems annual revenue is $994.9 m.
What is Merit Medical Systems revenue per employee?
Latest Merit Medical Systems revenue per employee is $156.5 k.
Who are Merit Medical Systems competitors?
Competitors of Merit Medical Systems include AngioDynamics, Cook Medical and Boston Scientific.
Where is Merit Medical Systems headquarters?
Merit Medical Systems headquarters is located at 1600 Merit Pkwy, South Jordan.
Where are Merit Medical Systems offices?
Merit Medical Systems has offices in South Jordan, Chester, Houston, Malvern and in 7 other locations.
How many offices does Merit Medical Systems have?
Merit Medical Systems has 11 offices.
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