GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Merit Medical Systems Inc (FRA:MM3) » Definitions » 3-Year Revenue Growth Rate

Merit Medical Systems (FRA:MM3) 3-Year Revenue Growth Rate : 7.40% (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Merit Medical Systems 3-Year Revenue Growth Rate?

Merit Medical Systems's Revenue per Share for the three months ended in Dec. 2023 was €5.10.

During the past 12 months, Merit Medical Systems's average Revenue per Share Growth Rate was 8.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 7.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Merit Medical Systems was 102.50% per year. The lowest was 0.90% per year. And the median was 10.15% per year.


Competitive Comparison of Merit Medical Systems's 3-Year Revenue Growth Rate

For the Medical Instruments & Supplies subindustry, Merit Medical Systems's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Merit Medical Systems's 3-Year Revenue Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Merit Medical Systems's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Merit Medical Systems's 3-Year Revenue Growth Rate falls into.



Merit Medical Systems 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.


Merit Medical Systems  (FRA:MM3) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.


Merit Medical Systems 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Merit Medical Systems's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Merit Medical Systems (FRA:MM3) Business Description

Traded in Other Exchanges
Address
1600 West Merit Parkway, South Jordan, UT, USA, 84095
Merit Medical Systems Inc is a medical equipment company that develops and manufactures products for use in interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. Majority of the revenue is earned from Cardiovascular segment. United States generates majority of the revenue.

Merit Medical Systems (FRA:MM3) Headlines

No Headlines