Company / Interest Expense
Merit Medical Systems, Inc. Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$15.5M
FY2023
5-year range
$6.3M / $15.5M
FY2019-FY2023
Trend
+144.7%
vs FY2022
Sector context
#34 of 43
Health Care
What the data says
Merit Medical Systems, Inc.'s interest expense of $16M is lower than 79% of companies in the Health Care sector (FY2023). Interest Expense has fluctuated over the past 8 years, ranging from $6M in FY2017 to $16M in FY2023.
Based on SEC 10-K filings.
$16M in FY2023 with a 5-year CAGR of +12.0%.
Increased from $12M to $16M over the past 2 years.
Health Care sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +14.4%
- 5-Year CAGR
- +12.0%
- 10-Year CAGR
- -
Sector benchmark
Top 21% in Health CareTop 21% of 43This company $15.5M Sector average $324.8M
▼
-95.2% below sector average
Key checks
Key Insights
- 5-year CAGR of +12.0%, indicating consistent growth.
- In FY2023, interest expense increased 144.7% year-over-year.
- Ranks #34 out of 43 companies in the Health Care sector.
- Lowest interest expense in the period was in FY2017.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $15.5M | +144.7% |
| FY2022 | $6.3M | -48.9% |
| FY2021 | $12.4M | +19.8% |
| FY2020 | $10.4M | +33.9% |
| FY2019 | $7.7M | -12.1% |
| FY2018 | $8.8M | +41.2% |
| FY2017 | $6.2M | -29.4% |
| FY2016 | $8.8M | +9.8% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026