Merit Medical Systems (MMSI) Interest Coverage Ratio: History & Chart

Merit Medical Systems, Inc.(MMSI)

Medical - Instruments & Supplies · South Jordan, UT

$89.54-1.00 (-1.10%)

Delayed quote: Aug 27, 2026, 4:00 PM EDT

About Merit Medical Systems, Inc.

Merit Medical Systems, Inc. (MMSI) is engaged in the design, development, manufacturing, and worldwide commercialization of disposable medical products. These devices are crucial for a broad spectrum of diagnostic, therapeutic, and interventional procedures, primarily within the fields of cardiology, radiology, oncology, critical care, and endoscopy. The company operates through two main divisions: Cardiovascular and Endoscopy. Its extensive product portfolio includes advanced solutions for diagnosing and treating conditions in peripheral vessels and organs, as well as a comprehensive suite of cardiac intervention products. The latter encompasses tools for vascular access, angiography, electrophysiology, cardiac rhythm management, fluid and hemodynamic monitoring, hemostasis, and various interventional therapies for heart-related ailments. Additionally, MMSI provides customized procedural solutions, offering critical care items, disinfection protection systems, specialized syringes, manifold kits, and tailored trays and packs. Their offerings further extend to coated tubes and wires, alongside sophisticated sensor components for microelectromechanical systems (MEMS). The company also features pulmonary products, such as laser-cut tracheobronchial stents with their accompanying over-the-wire and direct visualization delivery systems, and dilation balloons used for endoscopic stricture dilation. Gastroenterology products, as well as essential kits and accessories for endoscopy and bronchoscopy procedures, complete their diverse catalog. Merit Medical Systems sells its products to a wide client base, including hospitals and healthcare professionals (physicians, technicians, and nurses) working in alternative care settings. Distribution channels include a direct sales force, authorized distributors, original equipment manufacturer (OEM) partnerships, and custom procedure tray manufacturers, reaching customers throughout the United States and internationally. Founded in 1987, Merit Medical Systems, Inc. has its corporate headquarters situated in South Jordan, Utah.

South Jordan, UT

7,500 employees

www.merit.com

Healthcare / Medical - Instruments & Supplies

Sector: Healthcare
Industry: Medical - Instruments & Supplies
CEO: Martha Goldberg Aronson

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MMSI Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

5.00x

INTEREST COVERAGE RATIO AVG TTM

6.69x

INTEREST COVERAGE RATIO AVG 3Y

6.37x

INTEREST COVERAGE RATIO AVG 5Y

9.14x

INTEREST COVERAGE RATIO AVG 10Y

5.86x

INTEREST COVERAGE RATIO AVG 15Y

5.76x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-25.34%

CURRENT VS 3Y AVG

-21.60%

CURRENT VS 5Y AVG

-45.31%

CURRENT VS 10Y AVG

-14.74%

CURRENT VS 15Y AVG

-13.26%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · HEALTHCARE

6.96x

median of 80 covered companies

CURRENT VS SECTOR MEDIAN

-28.16%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Merit Medical Systems, Inc. (MMSI)	$5.35B	5.00x	6.69x	6.37x	9.14x
Doximity, Inc. (DOCS)vs ›	$4.79B	N/A	N/A	N/A	N/A
Chemed Corporation (CHE)vs ›	$6.80B	193.28x	199.58x	145.92x	155.47x
Hims & Hers Health, Inc. (HIMS)vs ›	$7.06B	N/A	N/A	N/A	N/A
TransMedics Group, Inc. (TMDX)vs ›	$3.17B	7.88x	5.24x	5.24x	5.24x
Oscar Health, Inc. (OSCR)vs ›	$7.79B	-22.52x	2.41x	2.41x	2.41x
DENTSPLY SIRONA Inc. (XRAY)vs ›	$2.21B	2.86x	2.86x	2.86x	6.42x
Teladoc Health, Inc. (TDOC)vs ›	$1.16B	-13.34x	N/A	N/A	N/A
Insulet Corp. (PODD)vs ›	$9.93B	5.94x	6.59x	5.07x	3.90x
The Ensign Group, Inc. (ENSG)vs ›	$10.11B	53.24x	48.24x	40.33x	37.20x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Merit Medical Systems, Inc. (MMSI)

$5.35B

5.00x

6.69x

6.37x

9.14x

Doximity, Inc. (DOCS)vs ›

$4.79B

N/A

Chemed Corporation (CHE)vs ›

$6.80B

193.28x

199.58x

145.92x

155.47x

Hims & Hers Health, Inc. (HIMS)vs ›

$7.06B

N/A

TransMedics Group, Inc. (TMDX)vs ›

$3.17B

7.88x

5.24x

Oscar Health, Inc. (OSCR)vs ›

$7.79B

-22.52x

2.41x

DENTSPLY SIRONA Inc. (XRAY)vs ›

$2.21B

2.86x

6.42x

Teladoc Health, Inc. (TDOC)vs ›

$1.16B

-13.34x

N/A

Insulet Corp. (PODD)vs ›

$9.93B

5.94x

6.59x

5.07x

3.90x

The Ensign Group, Inc. (ENSG)vs ›

$10.11B

53.24x

48.24x

40.33x

37.20x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Merit Medical Systems, Inc. (MMSI)?

The interest coverage ratio for MMSI stock is 5.00x.

Is Merit Medical Systems, Inc.'s interest coverage ratio high or low?

The interest coverage ratio of 5.00x is 45% below its 5-year average of 9.14x, near the low end of its 5-year range (4.46x–19.82x).

What is the TTM average interest coverage ratio for Merit Medical Systems, Inc. (MMSI)?

The TTM average interest coverage ratio for MMSI stock is 6.69x.

What is the 3Y average interest coverage ratio for Merit Medical Systems, Inc. (MMSI)?

The 3Y average interest coverage ratio for MMSI stock is 6.37x.

What is the 5Y average interest coverage ratio for Merit Medical Systems, Inc. (MMSI)?

The 5Y average interest coverage ratio for MMSI stock is 9.14x.

What is the 10Y average interest coverage ratio for Merit Medical Systems, Inc. (MMSI)?

The 10Y average interest coverage ratio for MMSI stock is 5.86x.

What is the 15Y average interest coverage ratio for Merit Medical Systems, Inc. (MMSI)?

The 15Y average interest coverage ratio for MMSI stock is 5.76x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	5.00x
2026-03-31	6.74x
2025-12-31	8.50x
2025-09-30	6.33x
2025-06-30	6.90x
2025-03-31	7.73x
2024-12-31	4.57x
2024-09-30	4.97x
2024-06-30	5.98x
2024-03-31	4.46x
2023-12-31	6.58x
2023-09-30	7.26x
2023-06-30	7.83x
2023-03-31	13.12x
2022-12-31	14.09x
2022-09-30	10.19x
2022-06-30	17.25x
2022-03-31	15.20x
2021-12-31	19.82x
2021-09-30	12.92x
2021-06-30	6.42x
2021-03-31	9.23x
2020-12-31	8.26x
2020-09-30	0.03x
2020-06-30	-7.00x
2020-03-31	0.43x
2019-12-31	-0.77x
2019-09-30	-0.84x
2019-06-30	3.92x
2019-03-31	3.45x
2018-12-31	5.95x
2018-09-30	9.04x
2018-06-30	4.53x
2018-03-31	3.66x
2017-12-31	7.34x
2017-09-30	0.55x
2017-06-30	8.15x
2017-03-31	2.07x
2016-12-31	4.71x
2016-09-30	0.99x
2016-06-30	6.55x
2016-03-31	5.31x
2015-12-31	5.54x
2015-09-30	5.74x
2015-06-30	7.15x
2015-03-31	5.53x
2014-12-31	7.64x
2014-09-30	6.01x
2014-06-30	3.14x
2014-03-31	2.49x
2013-12-31	3.97x
2013-09-30	4.38x
2013-06-30	3.68x
2013-03-31	1.14x
2012-12-31	17.18x
2012-09-30	70.95x
2012-06-30	73.41x
2012-03-31	45.24x
2011-12-31	165.47x
2011-09-30	342.47x
2011-06-30	34.88x
2011-03-31	24.02x
2010-12-31	12.25x
2010-09-30	-36.23x
2010-06-30	585.13x
2010-03-31	181.31x
2009-12-31	268.61x
2009-09-30	2821.00x

DATE

INTEREST COVERAGE RATIO

2026-06-30

5.00x

2026-03-31

6.74x

2025-12-31

8.50x

2025-09-30

6.33x

2025-06-30

6.90x

2025-03-31

7.73x

2024-12-31

4.57x

2024-09-30

4.97x

2024-06-30

5.98x

2024-03-31

4.46x

2023-12-31

6.58x

2023-09-30

7.26x

2023-06-30

7.83x

2023-03-31

13.12x

2022-12-31

14.09x

2022-09-30

10.19x

2022-06-30

17.25x

2022-03-31

15.20x

2021-12-31

19.82x

2021-09-30

12.92x

2021-06-30

6.42x

2021-03-31

9.23x

2020-12-31

8.26x

2020-09-30

0.03x

2020-06-30

-7.00x

2020-03-31

0.43x

2019-12-31

-0.77x

2019-09-30

-0.84x

2019-06-30

3.92x

2019-03-31

3.45x

2018-12-31

5.95x

2018-09-30

9.04x

2018-06-30

4.53x

2018-03-31

3.66x

2017-12-31

7.34x

2017-09-30

0.55x

2017-06-30

8.15x

2017-03-31

2.07x

2016-12-31

4.71x

2016-09-30

0.99x

2016-06-30

6.55x

2016-03-31

5.31x

2015-12-31

5.54x

2015-09-30

5.74x

2015-06-30

7.15x

2015-03-31

5.53x

2014-12-31

7.64x

2014-09-30

6.01x

2014-06-30

3.14x

2014-03-31

2.49x

2013-12-31

3.97x

2013-09-30

4.38x

2013-06-30

3.68x

2013-03-31

1.14x

2012-12-31

17.18x

2012-09-30

70.95x

2012-06-30

73.41x

2012-03-31

45.24x

2011-12-31

165.47x

2011-09-30

342.47x

2011-06-30

34.88x

2011-03-31

24.02x

2010-12-31

12.25x

2010-09-30

-36.23x

2010-06-30

585.13x

2010-03-31

181.31x

2009-12-31

268.61x

2009-09-30

2821.00x

Interest Coverage Ratio: 5.00x

MMSI Interest Coverage Ratio

MMSI Average Interest Coverage Ratio Chart

MMSI Current vs Average Interest Coverage Ratio Chart

MMSI Interest Coverage Ratio Metrics

MMSI Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

MMSI Interest Coverage Ratio History

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