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

TMDX has the lower trailing P/E: MMSI trades at 37.00 and TMDX at 23.77. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, MMSI or TMDX?

Over the past five years, TMDX grew revenue faster — MMSI at a 8.90% CAGR versus TMDX at 86.12%.

Is MMSI or TMDX more profitable?

TMDX runs the higher net margin — MMSI at 9.22% versus TMDX at 22.69%.

How have MMSI and TMDX total returns compared?

Over the past 5 years, MMSI delivered 14.28% and TMDX delivered 23.54% annualized total return. Past performance doesn't predict future results.

Merit Medical Systems, Inc. (MMSI) vs TransMedics Group, Inc. (TMDX)

A side-by-side comparison of Merit Medical Systems, Inc. and TransMedics Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.

MMSI

Merit Medical Systems, Inc.

$5.35B

$89.54HealthcareDelayed quote: Aug 27, 2026, 4:00 PM EDT

TMDX

TransMedics Group, Inc.

$3.17B

$91.75HealthcareDelayed quote: Aug 27, 2026, 4:00 PM EDT

Total return — MMSI vs TMDX

growth of $100 · dividends reinvested · last 7y

MMSI +59.4% (+6.9%/yr)TMDX +310.3% (+22.3%/yr)TMDX compounded faster over this window

MMSI TMDX

MMSI vs TMDX: by the numbers

•MMSI is the larger company ($5.35B vs $3.17B market cap).
•TMDX trades at the lower trailing earnings multiple (23.77 vs 37.00 P/E), one valuation lens rather than an overall verdict.
•TMDX converts more revenue to profit (22.69% vs 9.22% net margin).
•TMDX grew revenue faster over the past five years (86.12% vs 8.90% CAGR).

Metrics side by side

Valuation

Metric	MMSI	TMDX
P/E ratio	37.00	23.77
Forward P/E	20.81	61.33
P/S ratio	3.40	5.59
P/B ratio	3.20	7.21
EV / EBITDA	17.03	34.99
FCF yield	3.79%	2.12%

Profitability

Metric	MMSI	TMDX
Gross margin	49.52%	58.69%
Operating margin	12.75%	12.21%
Net margin	9.22%	22.69%
ROE	8.67%	29.28%
ROIC	5.80%	5.87%

Growth (annualized)

Metric	MMSI	TMDX
Revenue CAGR (5Y)	8.90%	86.12%
EPS CAGR (5Y)	67.27%	N/A
FCF CAGR (5Y)	8.96%	N/A
Total return CAGR (5Y)	4.55%	23.54%

Frequently asked

Which has the lower trailing P/E, MMSI or TMDX?: TMDX has the lower trailing P/E: MMSI trades at 37.00 and TMDX at 23.77. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MMSI or TMDX?: Over the past five years, TMDX grew revenue faster — MMSI at a 8.90% CAGR versus TMDX at 86.12%.
Is MMSI or TMDX more profitable?: TMDX runs the higher net margin — MMSI at 9.22% versus TMDX at 22.69%.
How have MMSI and TMDX total returns compared?: Over the past 5 years, MMSI delivered 14.28% and TMDX delivered 23.54% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MMSI analysis Full TMDX analysis Interactive comparison tool

Dig into the metrics

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

Merit Medical Systems & TransMedics appear in these rankings

Fastest Revenue Growth Stocks Highest ROE 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 August 28, 2026.