Which has the lower trailing P/E, BLLN or MMSI?

MMSI has the lower trailing P/E: BLLN trades at 164.65 and MMSI at 35.02. P/E is one valuation measure and does not by itself establish which business is cheaper.

Is BLLN or MMSI more profitable?

MMSI runs the higher net margin — BLLN at 8.43% versus MMSI at 9.22%.

BillionToOne, Inc. (BLLN) vs Merit Medical Systems, Inc. (MMSI)

A side-by-side comparison of BillionToOne, Inc. and Merit Medical Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

BLLN

BillionToOne, Inc.

$4.70B

$102.10HealthcareDelayed quote: Oct 6, 2026, 2:15 PM EDT

MMSI

Merit Medical Systems, Inc.

$5.06B

$84.74HealthcareDelayed quote: Oct 6, 2026, 2:15 PM EDT

Total return — BLLN vs MMSI

growth of $100 · dividends reinvested · last 1y

BLLN +0.1% (+0.1%/yr)MMSI -1.5% (-1.5%/yr)BLLN compounded faster over this window

BLLN MMSI

BLLN vs MMSI: by the numbers

•MMSI is the larger company ($5.06B vs $4.70B market cap).
•MMSI trades at the lower trailing earnings multiple (35.02 vs 164.65 P/E), one valuation lens rather than an overall verdict.
•MMSI converts more revenue to profit (9.22% vs 8.43% net margin).

Metrics side by side

Valuation

Metric	BLLN	MMSI
P/E ratio	164.65	35.02
Forward P/E	128.54	19.70
P/S ratio	11.82	3.20
P/B ratio	8.75	3.01
EV / EBITDA	77.18	16.11
FCF yield	0.71%	4.02%

Profitability

Metric	BLLN	MMSI
Gross margin	71.27%	49.52%
Operating margin	10.90%	12.75%
Net margin	8.43%	9.22%
ROE	6.24%	8.67%
ROIC	6.39%	5.80%

Growth (annualized)

Metric	BLLN	MMSI
Revenue CAGR (5Y)	N/A	8.90%
FCF CAGR (5Y)	N/A	8.96%
Total return CAGR (5Y)	N/A	3.88%

Frequently asked

Which has the lower trailing P/E, BLLN or MMSI?: MMSI has the lower trailing P/E: BLLN trades at 164.65 and MMSI at 35.02. P/E is one valuation measure and does not by itself establish which business is cheaper.
Is BLLN or MMSI more profitable?: MMSI runs the higher net margin — BLLN at 8.43% versus MMSI at 9.22%.

Go deeper

Full BLLN analysis Full MMSI analysis Interactive comparison tool

Dig into the metrics

BillionToOne P/E ratio Merit Medical Systems P/E ratio BillionToOne ROE Merit Medical Systems ROE BillionToOne operating margin Merit Medical Systems operating margin BillionToOne revenue growth Merit Medical Systems revenue growth BillionToOne free cash flow Merit Medical Systems free cash flow

BillionToOne & Merit Medical Systems appear in these rankings

Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.