Merit Medical Systems (FRA:MM3) OCF Margin %: 10.65% (As of Mar. 2026) — Near Median


FRA:MM3 Merit Medical Systems Inc FRA:MM3
86 GF Score
Price €58.50
GF Value €81.73
Valuation Modestly Undervalued
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What is Merit Medical Systems OCF Margin %?

Merit Medical Systems FRA:MM3 +1.74% 86 OCF Margin % is 10.65% as of Mar. 2026, which is 1% below its 10-year median of 10.74. GuruFocus rates FRA:MM3 with a GF Score™ of 86/100 and a GF Value™ of €81.73 (Modestly Undervalued). Among 815 Medical Devices & Instruments companies, Merit Medical Systems ranks better than 77.3% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Merit Medical Systems's Cash Flow from Operations for the three months ended in Mar. 2026 was €35 Mil. Merit Medical Systems's Revenue for the three months ended in Mar. 2026 was €330 Mil. Therefore, Merit Medical Systems's OCF Margin % for the quarter that ended in Mar. 2026 was 10.65%.

As of today, Merit Medical Systems's current OCF Yield % is 7.21%.

The historical rank and industry rank for Merit Medical Systems's OCF Margin % or its related term are showing as below:

FRA:MM3' s OCF Margin % Range Over the Past 10 Years
Min: 7.82   Med: 10.74   Max: 19.62
Current: 19.27


During the past 13 years, the highest OCF Margin % of Merit Medical Systems was 19.62%. The lowest was 7.82%. And the median was 10.74%.

FRA:MM3's OCF Margin % is ranked better than
77.3% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: 5.86 vs FRA:MM3: 19.27


Merit Medical Systems OCF Margin % Related Terms


Merit Medical Systems OCF Margin % Historical Data

* Premium members only.

The historical data trend for Merit Medical Systems's OCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Merit Medical Systems OCF Margin % Chart

Merit Medical Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.70 9.93 11.54 16.28 19.62

Merit Medical Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.42 21.78 19.52 25.01 10.65

FRA:MM3 vs NVST, MMED, ICUI: OCF Margin % Comparison

For the Medical Instruments & Supplies subindustry, Merit Medical Systems's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Merit Medical Systems's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Merit Medical Systems's OCF Margin % falls into.


FRA:MM3
86GF Score
Merit Medical Systems Inc FRA:MM3
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Merit Medical Systems OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Merit Medical Systems's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=253.955/1294.584
=19.62 %

Merit Medical Systems's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=35.189/330.324
=10.65 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 10.65% mean?
Merit Medical Systems (FRA:MM3) has a OCF Margin % of 10.65% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Merit Medical Systems and its competitors. This is near median its historical median of 10.74. Over the past decade, Merit Medical Systems' OCF Margin % has ranged from 7.82 to 19.62. According to the industry distribution chart, Merit Medical Systems ranks #185 out of 815 companies in the Medical Devices & Instruments industry, placing it in the top 22.7%.
Is Merit Medical Systems' OCF Margin % too high?
Merit Medical Systems' current OCF Margin % of 10.65% is near median its 10-year median of 10.74. Over the past 10 years, this metric has ranged from a low of 7.82 to a high of 19.62. The Medical Devices & Instruments industry median OCF Margin % is 5.86. Merit Medical Systems' value of 10.65% is 81.7% above this industry median. Based on the distribution chart, Merit Medical Systems ranks #185 out of 815 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Merit Medical Systems has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merit Medical Systems' OCF Margin % compare to NVST and MMED?
According to the Medical Devices & Instruments industry distribution chart, Merit Medical Systems ranks #185 out of 815 companies for OCF Margin %. This places Merit Medical Systems in the top 23% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 5.86. Merit Medical Systems' value of 10.65% is 81.7% above this benchmark. Historically, Merit Medical Systems' own OCF Margin % has ranged from 7.82 to 19.62 over the past decade. While the company's 10-year median is 10.74 vs. the industry median of 5.86, Merit Medical Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Medical Devices & Instruments company?
The median OCF Margin % among Medical Devices & Instruments companies is 5.86, based on 815 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Merit Medical Systems's current OCF Margin % of 10.65% is 81.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Merit Medical Systems and its competitors. For the Medical Devices & Instruments industry, the median OCF Margin % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merit Medical Systems's current OCF Margin % is 10.65%, which is near median its own 10-year median of 10.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merit Medical Systems stock overvalued right now?
Based on GuruFocus' analysis, Merit Medical Systems (FRA:MM3) is currently considered Modestly Undervalued. The stock's GF Value™ is €81.73, compared to a current price of €58.50 — trading 28.4% below its estimated fair value. The current OCF Margin % is 10.65%, which is near median its 10-year median of 10.74 and 81.7% above the Medical Devices & Instruments industry median of 5.86. Merit Medical Systems' overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Merit Medical Systems (FRA:MM3), the current OCF Margin % is 10.65% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Merit Medical Systems (FRA:MM3) Overvalued in 2026?

Based on GuruFocus' analysis, Merit Medical Systems stock appears to be undervalued. The current stock price of €58.50 is trading 28.4% below its estimated GF Value™ of €81.73. GuruFocus considers Merit Medical Systems to be Modestly Undervalued.

Key valuation signals for FRA:MM3:

  • OCF Margin %: 10.65% (near median its 10-year median of 10.74)
  • GF Value™: €81.73 vs. price of €58.50 (28.4% below fair value)
  • GF Score™: 86/100
  • Industry Position: 81.7% above the Medical Devices & Instruments median (#185 of 815)

No single metric tells the full story. See the FRA:MM3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Merit Medical Systems Business Description

Other Exchanges MMSI:USA
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 interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. The majority of the revenue is earned from the Cardiovascular segment which consists of cardiology and radiology medical device products that assist in diagnosing and treating coronary artery disease, peripheral vascular disease, and other non-vascular diseases and includes embolotherapeutic, cardiac rhythm management, electrophysiology, critical care, and interventional oncology and spine devices.
86GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€58.50
Price
€81.73
GF Value