Asset Turnover (Quarterly)

Asset Turnover: The amount of sales or revenues generated per dollar of assets. The Asset Turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Calculated as: Total Revenues / Total Assets

Merit Medical Systems, Inc. (MMSI) had Asset Turnover of 0.15 for the most recently reported fiscal quarter, ending 2025-09-30.

Quarterly Annual

Figures for fiscal quarter ending 2025-09-30

Income Statement Financials
Revenue	$384.16M
Net Income	$27.75M
Cost of Goods Sold	$197.75M
Gross Profit	$186.41M
Operating Expenses	$341.55M
Operating Income	$42.61M
Non-Operating Income/Expense	$-4.07M
Pre-Tax Income	$38.54M
Normalized Pre-Tax Income	$38.54M
Income after Taxes	$27.75M
Income from Continuous Operations	$27.75M
Consolidated Net Income/Loss	$27.75M
Normalized Income after Taxes	$27.75M
EBIT	$42.61M
EBITDA	$78.24M
Weighted-Average Shares Outstanding (Basic)	59.24M
Weighted-Average Shares Outstanding (Diluted)	59.92M
Earnings per Share (EPS) (Basic)	$0.47
Earnings per Share (EPS) (Diluted)	$0.46
Balance Sheet Financials
Current Assets	$985.53M
Property, Plant, and Equipment	$418.00M
Long-Term Assets	$1.65B
Total Assets	$2.63B
Current Liabilities	$230.47M
Long-Term Debt	$732.92M
Long-Term Liabilities	$871.12M
Total Liabilities	$1.10B
Common Equity	$1.53B
Tangible Shareholders Equity	$483.58M
Shareholders Equity	$1.53B
Common Shares Outstanding	59.29M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$198.86M
Cash Flow from Investing Activities	$-197.05M
Cash Flow from Financial Activities	$10.94M
Beginning Cash	$378.77M
End Cash	$394.56M
Increase/Decrease in Cash	$15.79M
Stock-Based Compensation	$33.56M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	4.28
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.32
Debt to Equity Ratio	0.48
Gross Margin	48.52%
Operating Margin	11.09%
EBIT Margin	11.09%
EBITDA Margin	--
Pre-Tax Profit Margin	10.03%
Profit Margin	7.22%
Free Cash Flow	$141.66M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.15
Inventory Turnover	0.61
Receiveable Turnover	1.63
Days Sales in Receivables	55.09
Return on Equity	1.81%
Return on Tangible Equity	5.74%
Return on Assets	1.05%
Return on Investments	1.23%
Book Value Per Share	$25.80
Free Cash Flow per Share	$2.36
Operating Cash Flow per Share	$3.32

Data from Zacks Investment Research, Inc.