Company / Operating Margin
Merit Medical Systems, Inc. Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
12.2%
FY2025
5-year range
1.6% / 12.2%
FY2021-FY2025
Trend
+6.2%
vs FY2024
Sector context
#46 of 148
Health Care
What the data says
At 12.2%, Merit Medical Systems, Inc.'s operating margin ranks #46 of 148 in the Health Care sector. Operating Margin has increased for 4 consecutive years, from 1.6% in FY2021 to 12.2% in FY2025.
Based on SEC 10-K filings.
12.2% in FY2025 with a 5-year CAGR of +5.5%.
Improved from 9.9% to 12.2% over the past 2 years.
Health Care sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +4.6pp
- 5-Year Change
- +5.5pp
- 10-Year Change
- -
Sector benchmark
#46 of 148 in Health CareTop 31% of 148This company 12.2% Sector average -284.8%
▼
+104.3% above sector average
Key checks
Key Insights
- Merit Medical Systems, Inc.'s operating margin has grown for 4 consecutive years.
- In FY2025, operating margin increased 6.2% year-over-year.
- Currently 297.0pp above the Health Care sector average.
- Lowest operating 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 | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 12.2% | +6.2% |
| FY2024 | 11.5% | +16.4% |
| FY2023 | 9.9% | +29.6% |
| FY2022 | 7.6% | +391.0% |
| FY2021 | 1.6% | -76.7% |
| FY2020 | 6.6% | +46.3% |
| FY2019 | 4.5% | -21.5% |
| FY2018 | 5.8% | -16.5% |
| FY2017 | 6.9% | -12.2% |
| FY2016 | 7.9% | +27.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026