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+1.36%
Close of 9 Nov 2026, in USD
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About Merit Medical Systems
From its filings with the US Securities and Exchange Commission
Merit Medical Systems is based in South Jordan, Utah and is incorporated in Utah. Its shares trade on Nasdaq under the ticker MMSI. The SEC classifies its business as surgical & medical instruments & apparatus. In the fiscal year to 31 December 2025, it reported revenue of $1.52bn and net income of $128.5m. At that date it held total assets of $2.69bn and shareholders' equity of $1.58bn.
Merit Medical Systems, Inc. is a leading manufacturer and marketer of proprietary medical devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care and endoscopy. We strive to be the most customer-focused company in healthcare. Each day we are determined to make a difference by understanding our customers’ needs and innovating and delivering a diverse range of products that improve the lives of people and communities throughout the world. We believe that long-term value is created for our customers, employees, shareholders, and communities when we focus outward and are determined to deliver an exceptional customer experience.
Merit Medical Systems, Inc. was founded in 1987 by Fred P. Lampropoulos, Kent W. Stanger, Darla Gill and William Padilla. Initially, we focused our operations on injection and insert molding of plastics. Our first product was a specialized control syringe used to inject contrast solution into a patient’s arteries for a diagnostic cardiac procedure called an angiogram. Since that time, our products and product lines have expanded substantially, both through internal research and development projects and through strategic acquisitions.
Quoted from its 10-K, filed 24 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Health Care
- Industry
- Health Care Equipment & Supplies
- Listed since
- 16 Sept 1954
- Employees
- 7,500
- Website
- merit.com ↗
- Head office
- 1600 WEST MERIT PARK WAY, SOUTH JORDAN, UT, 84095
- Incorporated in
- UT
- Classification
- Surgical & Medical Instruments & Apparatus
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Dr. F. Ann MillnerIndependent Chairman of the Board$330,974
- Ms. Martha AronsonPresident, Chief Executive Officer, Director, since 2025
- Mr. Raul ParraChief Financial Officer, Treasurer$3.2m
- Mr. Neil PetersonChief Operating Officer$3.1m
- Mr. Michel VoigtChief Human Resources Officer
- Mr. Brian LloydChief Legal Officer, Corporate Secretary$3.1m
- Mr. Lonny CarpenterIndependent Director$300,974
- Rear Adm. (Retd.) Stephen EvansIndependent Director$285,974
- Mr. David FloydIndependent Director$295,349
- Mr. Thomas GundersonIndependent Director$300,974
- Ms. Laura KaiserIndependent Director$285,974
- Mr. Michael McDonnellIndependent Director$285,974
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 77
- Environment
- 73
- Social
- 95
- Governance
- 62
- Direct emissions (scope 1)
- 2,875 t
- Energy emissions (scope 2)
- 15,476 t
- Women in the workforce
- 57%
- Carbon reduction policy
- No
- Human rights policy
- Yes
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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