Merit Medical Systems (MMSI) Operating Margin: 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 Operating Margin Metrics

OPERATING MARGIN

14.46%

OPERATING MARGIN AVG TTM

12.61%

OPERATING MARGIN AVG 3Y

11.82%

OPERATING MARGIN AVG 5Y

9.99%

OPERATING MARGIN AVG 10Y

7.26%

OPERATING MARGIN AVG 15Y

7.54%

OPERATING MARGIN AVG 20Y

8.30%

CURRENT VS TTM AVG

+14.63%

CURRENT VS 3Y AVG

+22.33%

CURRENT VS 5Y AVG

+44.72%

CURRENT VS 10Y AVG

+99.16%

CURRENT VS 15Y AVG

+91.81%

CURRENT VS 20Y AVG

+74.16%

SECTOR MEDIAN · HEALTHCARE

15.73%

median of 85 covered companies

CURRENT VS SECTOR MEDIAN

-8.10%

vs the sector median at left

NAME	MARKET CAP	OPERATING MARGIN	TTM	3Y	5Y
Merit Medical Systems, Inc. (MMSI)	$5.35B	14.46%	12.61%	11.82%	9.99%
Doximity, Inc. (DOCS)vs ›	$4.79B	29.60%	36.63%	34.40%	32.73%
Chemed Corporation (CHE)vs ›	$6.80B	13.46%	14.22%	14.89%	15.72%
Hims & Hers Health, Inc. (HIMS)vs ›	$7.06B	4.50%	4.35%	-1.93%	-10.04%
TransMedics Group, Inc. (TMDX)vs ›	$3.17B	12.21%	13.21%	-4.78%	-42.05%
Oscar Health, Inc. (OSCR)vs ›	$7.79B	4.07%	-1.39%	-5.39%	-20.02%
DENTSPLY SIRONA Inc. (XRAY)vs ›	$2.21B	11.69%	-8.16%	-10.59%	-4.68%
Teladoc Health, Inc. (TDOC)vs ›	$1.16B	-6.98%	-25.06%	-156.73%	-114.38%
Insulet Corp. (PODD)vs ›	$9.93B	16.89%	16.20%	12.06%	10.90%
The Ensign Group, Inc. (ENSG)vs ›	$10.11B	8.52%	8.41%	8.37%	8.78%

NAME

MARKET CAP

OPERATING MARGIN

TTM

Merit Medical Systems, Inc. (MMSI)

$5.35B

14.46%

12.61%

11.82%

9.99%

Doximity, Inc. (DOCS)vs ›

$4.79B

29.60%

36.63%

34.40%

32.73%

Chemed Corporation (CHE)vs ›

$6.80B

13.46%

14.22%

14.89%

15.72%

Hims & Hers Health, Inc. (HIMS)vs ›

$7.06B

4.50%

4.35%

-1.93%

-10.04%

TransMedics Group, Inc. (TMDX)vs ›

$3.17B

12.21%

13.21%

-4.78%

-42.05%

Oscar Health, Inc. (OSCR)vs ›

$7.79B

4.07%

-1.39%

-5.39%

-20.02%

DENTSPLY SIRONA Inc. (XRAY)vs ›

$2.21B

11.69%

-8.16%

-10.59%

-4.68%

Teladoc Health, Inc. (TDOC)vs ›

$1.16B

-6.98%

-25.06%

-156.73%

-114.38%

Insulet Corp. (PODD)vs ›

$9.93B

16.89%

16.20%

12.06%

10.90%

The Ensign Group, Inc. (ENSG)vs ›

$10.11B

8.52%

8.41%

8.37%

8.78%

Operating Margin FAQ

What is the operating margin for Merit Medical Systems, Inc. (MMSI)?

The operating margin for MMSI stock is 14.46%.

Is Merit Medical Systems, Inc.'s operating margin high or low?

The operating margin of 14.46% is 45% above its 5-year average of 9.99%, near the high end of its 5-year range (3.17%–14.46%).

What is the TTM average operating margin for Merit Medical Systems, Inc. (MMSI)?

The TTM average operating margin for MMSI stock is 12.61%.

What is the 3Y average operating margin for Merit Medical Systems, Inc. (MMSI)?

The 3Y average operating margin for MMSI stock is 11.82%.

What is the 5Y average operating margin for Merit Medical Systems, Inc. (MMSI)?

The 5Y average operating margin for MMSI stock is 9.99%.

What is the 10Y average operating margin for Merit Medical Systems, Inc. (MMSI)?

The 10Y average operating margin for MMSI stock is 7.26%.

What is the 15Y average operating margin for Merit Medical Systems, Inc. (MMSI)?

The 15Y average operating margin for MMSI stock is 7.54%.

What is the 20Y average operating margin for Merit Medical Systems, Inc. (MMSI)?

The 20Y average operating margin for MMSI stock is 8.30%.

DATE	OPERATING MARGIN
2026-06-30	14.46%
2026-03-31	11.52%
2025-12-31	13.72%
2025-09-30	11.13%
2025-06-30	12.24%
2025-03-31	14.33%
2024-12-31	10.30%
2024-09-30	10.96%
2024-06-30	13.59%
2024-03-31	11.10%
2023-12-31	10.13%
2023-09-30	11.15%
2023-06-30	9.00%
2023-03-31	8.87%
2022-12-31	10.37%
2022-09-30	6.50%
2022-06-30	7.88%
2022-03-31	5.53%
2021-12-31	7.86%
2021-09-30	5.97%
2021-06-30	3.17%
2021-03-31	5.70%
2020-12-31	6.20%
2020-09-30	0.03%
2020-06-30	-8.70%
2020-03-31	0.56%
2019-12-31	-1.32%
2019-09-30	-1.19%
2019-06-30	4.77%
2019-03-31	4.00%
2018-12-31	5.86%
2018-09-30	9.50%
2018-06-30	6.72%
2018-03-31	4.32%
2017-12-31	6.92%
2017-09-30	0.49%
2017-06-30	7.16%
2017-03-31	3.28%
2016-12-31	7.99%
2016-09-30	1.90%
2016-06-30	7.67%
2016-03-31	5.58%
2015-12-31	5.82%
2015-09-30	6.28%
2015-06-30	8.87%
2015-03-31	6.72%
2014-12-31	10.71%
2014-09-30	9.38%
2014-06-30	5.73%
2014-03-31	5.44%
2013-12-31	9.10%
2013-09-30	7.28%
2013-06-30	6.17%
2013-03-31	1.69%
2012-12-31	4.24%
2012-09-30	9.47%
2012-06-30	8.18%
2012-03-31	8.37%
2011-12-31	6.18%
2011-09-30	7.19%
2011-06-30	11.89%
2011-03-31	11.79%
2010-12-31	6.80%
2010-09-30	-4.70%
2010-06-30	11.71%
2010-03-31	9.41%
2009-12-31	11.14%
2009-09-30	12.68%
2009-06-30	13.82%
2009-03-31	13.53%
2008-12-31	14.14%
2008-09-30	12.33%
2008-06-30	15.68%
2008-03-31	12.33%
2007-12-31	12.76%
2007-09-30	12.03%
2007-06-30	10.56%
2007-03-31	8.78%
2006-12-31	9.24%
2006-09-30	11.00%
2006-06-30	11.38%
2006-03-31	8.29%
2005-12-31	12.00%
2005-09-30	12.14%
2005-06-30	16.95%
2005-03-31	15.41%
2004-12-31	16.70%
2004-09-30	17.27%
2004-06-30	20.40%
2004-03-31	17.80%
2003-12-31	20.58%
2003-09-30	20.53%
2003-06-30	18.37%
2003-03-31	15.64%
2002-12-31	15.51%
2002-09-30	15.76%

DATE

OPERATING MARGIN

2026-06-30

14.46%

2026-03-31

11.52%

2025-12-31

13.72%

2025-09-30

11.13%

2025-06-30

12.24%

2025-03-31

14.33%

2024-12-31

10.30%

2024-09-30

10.96%

2024-06-30

13.59%

2024-03-31

11.10%

2023-12-31

10.13%

2023-09-30

11.15%

2023-06-30

9.00%

2023-03-31

8.87%

2022-12-31

10.37%

2022-09-30

6.50%

2022-06-30

7.88%

2022-03-31

5.53%

2021-12-31

7.86%

2021-09-30

5.97%

2021-06-30

3.17%

2021-03-31

5.70%

2020-12-31

6.20%

2020-09-30

0.03%

2020-06-30

-8.70%

2020-03-31

0.56%

2019-12-31

-1.32%

2019-09-30

-1.19%

2019-06-30

4.77%

2019-03-31

4.00%

2018-12-31

5.86%

2018-09-30

9.50%

2018-06-30

6.72%

2018-03-31

4.32%

2017-12-31

6.92%

2017-09-30

0.49%

2017-06-30

7.16%

2017-03-31

3.28%

2016-12-31

7.99%

2016-09-30

1.90%

2016-06-30

7.67%

2016-03-31

5.58%

2015-12-31

5.82%

2015-09-30

6.28%

2015-06-30

8.87%

2015-03-31

6.72%

2014-12-31

10.71%

2014-09-30

9.38%

2014-06-30

5.73%

2014-03-31

5.44%

2013-12-31

9.10%

2013-09-30

7.28%

2013-06-30

6.17%

2013-03-31

1.69%

2012-12-31

4.24%

2012-09-30

9.47%

2012-06-30

8.18%

2012-03-31

8.37%

2011-12-31

6.18%

2011-09-30

7.19%

2011-06-30

11.89%

2011-03-31

11.79%

2010-12-31

6.80%

2010-09-30

-4.70%

2010-06-30

11.71%

2010-03-31

9.41%

2009-12-31

11.14%

2009-09-30

12.68%

2009-06-30

13.82%

2009-03-31

13.53%

2008-12-31

14.14%

2008-09-30

12.33%

2008-06-30

15.68%

2008-03-31

12.33%

2007-12-31

12.76%

2007-09-30

12.03%

2007-06-30

10.56%

2007-03-31

8.78%

2006-12-31

9.24%

2006-09-30

11.00%

2006-06-30

11.38%

2006-03-31

8.29%

2005-12-31

12.00%

2005-09-30

12.14%

2005-06-30

16.95%

2005-03-31

15.41%

2004-12-31

16.70%

2004-09-30

17.27%

2004-06-30

20.40%

2004-03-31

17.80%

2003-12-31

20.58%

2003-09-30

20.53%

2003-06-30

18.37%

2003-03-31

15.64%

2002-12-31

15.51%

2002-09-30

15.76%

Operating Margin: 14.46%

MMSI Operating Margin

MMSI Average Operating Margin Chart

MMSI Current vs Average Operating Margin Chart

MMSI Operating Margin Metrics

MMSI Competitors' Operating Margin

Operating Efficiency

Operating Margin Formula & Definition

Operating Margin FAQ

MMSI Operating Margin History

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