Company / Gross Margin
Merit Medical Systems, Inc. Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
48.7%
FY2025
5-year range
43.5% / 48.7%
FY2021-FY2025
Trend
+2.7%
vs FY2024
Sector context
#65 of 96
Health Care
What the data says
At 48.7%, Merit Medical Systems, Inc.'s gross margin ranks #65 of 96 in the Health Care sector. Gross Margin has increased for 4 consecutive years, from 43.5% in FY2021 to 48.7% in FY2025.
Based on SEC 10-K filings.
48.7% in FY2025 with a 5-year CAGR of +4.0%.
Improved from 46.4% to 48.7% over the past 2 years.
Health Care sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +3.6pp
- 5-Year Change
- +4.0pp
- 10-Year Change
- -
Sector benchmark
#65 of 96 in Health CareTop 68% of 96This company 48.7% Sector average 53.6%
▼
-9.1% below sector average
Key checks
Key Insights
- Merit Medical Systems, Inc.'s gross margin has grown for 4 consecutive years.
- In FY2025, gross margin increased 2.7% year-over-year.
- Currently 4.9pp below the Health Care sector average.
- Lowest gross margin in the period was in FY2021.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 48.7% | +2.7% |
| FY2024 | 47.4% | +2.1% |
| FY2023 | 46.4% | +3.0% |
| FY2022 | 45.1% | +3.8% |
| FY2021 | 43.5% | -2.8% |
| FY2020 | 44.7% | -0.2% |
| FY2019 | 44.8% | +2.1% |
| FY2018 | 43.9% | +0.9% |
| FY2017 | 43.5% | -1.6% |
| FY2016 | 44.2% | +2.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026