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Merit Medical Systems price to free cash flow MMSI

Market value divided by free cash flow over the last twelve months, since 2014.

Today, Oct 23, 2026
27.4×
10-year median
43.7×
Against its 10-year history
16th
percentile: 0 is its lowest day, 100 its highest
10-year range
16.6× to 331×
Peer median
23.6×

Merit Medical Systems' price to free cash flow is 27.4× as of Oct 23, 2026.

That is below its ten-year median of 43.7×, lower than on 84% of days in the last ten years.

Over that time it ranged from 16.6× in May 2026 to 331× in Oct 2018.

The median for 10 medical instruments and supplies stocks of a similar size is 23.6×.

Price to free cash flow over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far27.4×16.6×27.4×
202525.0×23.9×36.2×
202432.3×28.7×64.8×
202361.6×43.6×85.4×
202244.1×28.1×45.6×
202132.5×25.1×36.1×
202031.0×28.5×131×
201975.7×68.5×147×
2018116×86.4×331×
201787.5×55.7×122×
2016109×23.7×141×
201528.0×24.2×62.6×
201455.4×47.0×82.7×

Against its peers

Companies in Medical - Instruments & Supplies nearest Merit Medical Systems' size, closest first, today.

CompanyPrice to free cash flow
MMSIMerit Medical Systems27.4×
HAEHaemonetics18.5×
VNTVontier12.1×
MSAMSA Safety19.8×
BMIBadger Meter29.2×
ICUIICU Medical27.3×
NVSTEnvista15.3×
WRBYWarby Parker147×
PODDInsulet35.2×
ATRCAtriCure56.5×
GMEDGlobus Medical14.5×
Peer median23.6×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Merit Medical Systems

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.