Merit Medical Systems Inc (MMSI)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 155,693 123,944 87,563 60,916 -1,562
Revenue US$ in thousands 1,354,690 1,236,650 1,143,170 1,068,790 952,099
Operating profit margin 11.49% 10.02% 7.66% 5.70% -0.16%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $155,693K ÷ $1,354,690K
= 11.49%

The operating profit margin of Merit Medical Systems Inc has shown a positive trend over the past five years. Starting at -0.16% on December 31, 2020, the margin has steadily improved each year, reaching 11.49% on December 31, 2024. This indicates that the company's efficiency in generating profits from its core operations has strengthened, reflecting effective cost management and potentially higher revenues. The consistent growth in operating profit margin is a positive indicator of the company's financial health and operational performance.