Earnings Summary

Merit Medical Systems Inc’s revenue jumped 8.5% since last year same period to $320.06Mn in the Q2 2023. On a quarterly growth basis, Merit Medical Systems Inc has generated 7.56% jump in its revenue since last 3-months.

Merit Medical Systems Inc’s net profit jumped 32.34% since last year same period to $20.25Mn in the Q2 2023. On a quarterly growth basis, Merit Medical Systems Inc has generated -2.21% fall in its net profits since last 3-months.

Merit Medical Systems Inc’s net profit margin jumped 21.97% since last year same period to 6.33% in the Q2 2023. On a quarterly growth basis, Merit Medical Systems Inc has generated -9.08% fall in its net profit margins since last 3-months.

Merit Medical Systems Inc’s earning per share (EPS) estimates for the current quarter stand at 0.67 - a 26.42% jump from last quarter’s estimates.

Merit Medical Systems Inc’s earning per share (EPS) estimates for the current year stand at 0.67.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Merit Medical Systems Inc’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Merit Medical Systems Inc’s return on equity (ROE) stands at 0.08.