Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 9.26% is 18% above its 5-year average of 7.85%, near the high end of its 5-year range (1.75%–11.38%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.04% above its 12-month average of 9.08%.
Reported quarterly profit margin; no daily interpolation.
NET PROFIT MARGIN
9.26%
NET PROFIT MARGIN AVG TTM
9.08%
NET PROFIT MARGIN AVG 3Y
8.85%
NET PROFIT MARGIN AVG 5Y
7.85%
NET PROFIT MARGIN AVG 10Y
5.33%
NET PROFIT MARGIN AVG 15Y
5.07%
NET PROFIT MARGIN AVG 20Y
5.74%
CURRENT VS TTM AVG
+2.04%
CURRENT VS 3Y AVG
+4.70%
CURRENT VS 5Y AVG
+17.97%
CURRENT VS 10Y AVG
+73.72%
CURRENT VS 15Y AVG
+82.58%
CURRENT VS 20Y AVG
+61.37%
SECTOR MEDIAN · HEALTHCARE
9.21%
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
+0.64%
vs the sector median at left
Merit Medical Systems, Inc.
Market Cap
$5.35B
Net Profit Margin
9.26%
TTM Avg
9.08%
3Y Avg
8.85%
5Y Avg
7.85%
Market Cap
$4.79B
Net Profit Margin
25.48%
TTM Avg
34.77%
3Y Avg
31.87%
5Y Avg
32.80%
Market Cap
$6.80B
Net Profit Margin
10.60%
TTM Avg
11.45%
3Y Avg
11.66%
5Y Avg
12.42%
Market Cap
$7.06B
Net Profit Margin
-5.51%
TTM Avg
7.00%
3Y Avg
-0.29%
5Y Avg
-8.82%
Market Cap
$3.17B
Net Profit Margin
22.69%
TTM Avg
19.73%
3Y Avg
-2.42%
5Y Avg
-44.65%
Market Cap
$7.79B
Net Profit Margin
3.60%
TTM Avg
-1.75%
3Y Avg
-5.71%
5Y Avg
-20.27%
Market Cap
$2.21B
Net Profit Margin
-14.99%
TTM Avg
-20.12%
3Y Avg
-16.95%
5Y Avg
-10.04%
Market Cap
$1.16B
Net Profit Margin
-7.13%
TTM Avg
-23.45%
3Y Avg
-155.72%
5Y Avg
-114.72%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Merit Medical Systems, Inc. (MMSI) | $5.35B | 9.26% | 9.08% | 8.85% | 7.85% |
| Doximity, Inc. (DOCS)vs › | $4.79B | 25.48% | 34.77% | 31.87% | 32.80% |
| Chemed Corporation (CHE)vs › | $6.80B | 10.60% | 11.45% | 11.66% | 12.42% |
| Hims & Hers Health, Inc. (HIMS)vs › | $7.06B | -5.51% | 7.00% | -0.29% | -8.82% |
| TransMedics Group, Inc. (TMDX)vs › | $3.17B | 22.69% | 19.73% | -2.42% | -44.65% |
| Oscar Health, Inc. (OSCR)vs › | $7.79B | 3.60% | -1.75% | -5.71% | -20.27% |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $2.21B | -14.99% | -20.12% | -16.95% | -10.04% |
| Teladoc Health, Inc. (TDOC)vs › | $1.16B | -7.13% | -23.45% | -155.72% | -114.72% |
| Insulet Corp. (PODD)vs › | $9.93B | 12.29% | 14.66% | 10.46% | 7.35% |
| The Ensign Group, Inc. (ENSG)vs › | $10.11B | 6.90% | 6.89% | 6.71% | 6.89% |
Operating Margin
12.8%
Net Profit Margin
9.3%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 9.26% |
| 2026-03-31 | 10.74% |
| 2025-12-31 | 9.64% |
| 2025-09-30 | 7.22% |
| 2025-06-30 | 8.53% |
| 2025-03-31 | 8.51% |
| 2024-12-31 | 7.87% |
| 2024-09-30 | 8.37% |
| 2024-06-30 | 10.57% |
| 2024-03-31 | 8.73% |
| 2023-12-31 | 8.55% |
| 2023-09-30 | 8.20% |
| 2023-06-30 | 6.33% |
| 2023-03-31 | 6.96% |
| 2022-12-31 | 11.38% |
| 2022-09-30 | 5.32% |
| 2022-06-30 | 5.19% |
| 2022-03-31 | 3.83% |
| 2021-12-31 | 7.40% |
| 2021-09-30 | 4.48% |
| 2021-06-30 | 1.75% |
| 2021-03-31 | 4.40% |
| 2020-12-31 | 5.96% |
| 2020-09-30 | -1.23% |
| 2020-06-30 | -8.73% |
| 2020-03-31 | -1.30% |
| 2019-12-31 | -1.63% |
| 2019-09-30 | -1.40% |
| 2019-06-30 | 2.68% |
| 2019-03-31 | 2.60% |
| 2018-12-31 | 3.94% |
| 2018-09-30 | 7.50% |
| 2018-06-30 | 4.87% |
| 2018-03-31 | 2.60% |
| 2017-12-31 | 3.57% |
| 2017-09-30 | -1.99% |
| 2017-06-30 | 5.08% |
| 2017-03-31 | 8.65% |
| 2016-12-31 | 4.76% |
| 2016-09-30 | 0.62% |
| 2016-06-30 | 4.83% |
| 2016-03-31 | 3.15% |
| 2015-12-31 | 4.63% |
| 2015-09-30 | 3.54% |
| 2015-06-30 | 5.36% |
| 2015-03-31 | 3.99% |
| 2014-12-31 | 6.53% |
| 2014-09-30 | 6.03% |
| 2014-06-30 | 2.88% |
| 2014-03-31 | 2.37% |
| 2013-12-31 | 5.45% |
| 2013-09-30 | 4.87% |
| 2013-06-30 | 3.41% |
| 2013-03-31 | 0.65% |
| 2012-12-31 | 0.63% |
| 2012-09-30 | 7.53% |
| 2012-06-30 | 6.06% |
| 2012-03-31 | 6.01% |
| 2011-12-31 | 5.46% |
| 2011-09-30 | 5.04% |
| 2011-06-30 | 7.53% |
| 2011-03-31 | 7.66% |
| 2010-12-31 | 5.18% |
| 2010-09-30 | -2.70% |
| 2010-06-30 | 7.63% |
| 2010-03-31 | 6.69% |
| 2009-12-31 | 7.51% |
| 2009-09-30 | 9.11% |
| 2009-06-30 | 9.01% |
| 2009-03-31 | 9.49% |
| 2008-12-31 | 9.30% |
| 2008-09-30 | 8.94% |
| 2008-06-30 | 10.13% |
| 2008-03-31 | 8.06% |
| 2007-12-31 | 8.70% |
| 2007-09-30 | 8.49% |
| 2007-06-30 | 6.94% |
| 2007-03-31 | 5.82% |
| 2006-12-31 | 6.01% |
| 2006-09-30 | 7.12% |
| 2006-06-30 | 7.32% |
| 2006-03-31 | 5.33% |
| 2005-12-31 | 8.66% |
| 2005-09-30 | 8.07% |
| 2005-06-30 | 11.04% |
| 2005-03-31 | 10.12% |
| 2004-12-31 | 10.92% |
| 2004-09-30 | 11.81% |
| 2004-06-30 | 13.03% |
| 2004-03-31 | 11.62% |
| 2003-12-31 | 13.34% |
| 2003-09-30 | 13.48% |
| 2003-06-30 | 12.16% |
| 2003-03-31 | 11.82% |
| 2002-12-31 | 10.73% |
| 2002-09-30 | 10.65% |