Company / SG&A Expense
Merit Medical Systems, Inc. SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$455.2M
FY2025
5-year range
$327.3M / $455.2M
FY2021-FY2025
Trend
+13.9%
vs FY2024
Sector context
#70 of 158
Health Care
What the data says
At $455M, Merit Medical Systems, Inc.'s sg&a expense ranks #89 of 158 in the Health Care sector. SG&A Expense has increased for 9 consecutive years, from $148M in FY2016 to $455M in FY2025.
Based on SEC 10-K filings.
$455M in FY2025 with a 5-year CAGR of +10.5%.
Increased from $374M to $455M over the past 2 years.
Health Care sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +9.9%
- 5-Year CAGR
- +10.5%
- 10-Year CAGR
- -
Sector benchmark
#89 of 158 in Health CareTop 56% of 158This company $455.2M Sector average $175.9B
▼
-99.7% below sector average
Key checks
Key Insights
- Merit Medical Systems, Inc.'s sg&a expense has grown for 9 consecutive years.
- 5-year CAGR of +10.5%, indicating consistent growth.
- In FY2025, sg&a expense increased 13.9% year-over-year.
- Ranks #70 out of 158 companies in the Health Care sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $455.2M | +13.9% |
| FY2024 | $399.7M | +7.0% |
| FY2023 | $373.7M | +9.1% |
| FY2022 | $342.5M | +4.7% |
| FY2021 | $327.3M | +18.6% |
| FY2020 | $276.0M | +20.5% |
| FY2019 | $229.1M | +24.3% |
| FY2018 | $184.4M | +17.9% |
| FY2017 | $156.3M | +5.7% |
| FY2016 | $147.9M | +15.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026