Merit Medical Systems (MMSI) stock price, revenue, and financials

Merit Medical Systems market cap is $4.1 b, and annual revenue was $963.88 m in FY 2020

$4.1 B

MMSI Mkt cap, 23-Sept-2021

$248.9 M

Merit Medical Systems Revenue Q1, 2021
Merit Medical Systems Gross profit (Q1, 2021)111.9 M
Merit Medical Systems Gross profit margin (Q1, 2021), %45%
Merit Medical Systems Net income (Q1, 2021)11 M
Merit Medical Systems EBIT (Q1, 2021)14.2 M
Merit Medical Systems Cash, 31-Mar-202158.5 M
Merit Medical Systems EV4.4 B
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Merit Medical Systems Revenue

Merit Medical Systems revenue was $963.88 m in FY, 2020

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Merit Medical Systems Revenue Breakdown

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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 Income Statement

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

727.9m882.8m994.9m963.9m

Revenue growth, %

21%13%

Cost of goods sold

401.6m488.0m562.5m562.7m

Gross profit

326.3m394.8m432.4m401.2m

Gross profit Margin, %

45%45%43%42%

R&D expense

51.4m59.5m65.6m57.5m

General and administrative expense

229.1m276.0m327.3m297.7m

Operating expense total

293.2m336.2m416.9m402.7m

EBIT

33.1m58.6m15.4m(1.6m)

EBIT margin, %

5%7%2%0%

Interest expense

7.7m10.4m12.4m

Interest income

381.0k1.2m

Investment income

604.0k

Pre tax profit

35.9m49.5m2.2m(13.2m)

Income tax expense

8.4m7.5m(3.3m)(3.4m)

Net Income

27.5m42.0m5.5m(9.8m)

EPS

0.60.80.1

Merit Medical Systems Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

32.3m67.4m44.3m56.9m

Accounts Receivable

105.5m137.2m155.4m146.6m

Prepaid Expenses

9.1m11.3m12.5m13.1m

Inventories

155.3m197.5m225.7m198.0m

Current Assets

316.1m429.8m454.5m429.7m

PP&E

292.8m331.5m378.8m382.7m

Goodwill

238.1m335.4m353.2m363.5m

Total Assets

1.1b1.6b1.8b1.7b

Accounts Payable

34.9m54.0m54.6m49.8m

Short-term debt

19.5m22.0m19.1m20.4m

Current Liabilities

115.6m175.3m181.7m185.0m

Long-term debt

259.0m373.2m504.7m414.7m

Total Debt

278.5m395.2m523.7m435.1m

Total Liabilities

435.5m687.2m807.4m705.8m

Common Stock

353.4m571.4m587.0m606.2m

Preferred Stock

Retained Earnings

321.4m363.4m368.2m357.8m

Total Equity

676.3m932.8m949.9m958.6m

Debt to Equity Ratio

0.4 x0.4 x0.6 x

Debt to Assets Ratio

0.3 x0.2 x0.3 x

Financial Leverage

1.6 x1.7 x1.8 x1.7 x

Merit Medical Systems Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

27.5m42.0m5.5m(9.8m)

Depreciation and Amortization

53.6m69.5m92.1m94.1m

Accounts Receivable

(12.8m)(27.5m)(17.9m)10.4m

Inventories

(17.8m)(28.2m)(27.0m)29.4m

Accounts Payable

417.0k15.7m(2.3m)333.0k

Cash From Operating Activities

62.7m86.5m77.8m165.3m

Purchases of PP&E

(38.6m)(63.3m)(78.2m)(46.0m)

Cash From Investing Activities

(146.8m)(378.8m)(134.5m)(58.7m)

Long-term Borrowings

(243.2m)(522.6m)(202.2m)(157.0m)

Cash From Financing Activities

96.5m328.3m33.5m(95.7m)

Net Change in Cash

13.2m35.0m(23.0m)12.6m

Interest Paid

7.7m10.3m12.4m10.1m

Income Taxes Paid

6.0m8.7m12.1m8.9m

Merit Medical Systems Ratios

USDFY, 2017

Revenue/Employee

149.3k

Debt/Equity

0.4 x

Debt/Assets

0.3 x

Financial Leverage

1.6 x

Merit Medical Systems Operating Metrics

FY, 2017FY, 2018FY, 2019

Distribution Centers

151614

Distributors (China)

400500500

Facilities Leased, sq. ft.

1.05 m956.03 k1 m

Facilities Owned, sq. ft.

896.39 k896.39 k1 m

Manufacturing and Packaging Facilities

121211

Patents Issued

1 k1.5 k1.6 k

R&D Facilities

11117

Trademarks

300400500

Merit Medical Systems Employee Rating

3.7344 votes
Culture & Values
3.2
Work/Life Balance
3.5
Senior Management
2.8
Salary & Benefits
3
Career Opportunities
3.2
Source