MERIT MEDICAL SYSTEMS INC Annual Operating Margin in % from 2016 to 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Merit Medical Systems Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2024.
  • Merit Medical Systems Inc Operating Margin for the quarter ending December 31, 2024 was 11.5 %, a 16.4% increase year-over-year.
  • Merit Medical Systems Inc annual Operating Margin for 2024 was 11.5 %, a 16.4% increase from 2023.
  • Merit Medical Systems Inc annual Operating Margin for 2023 was 9.86 %, a 29.6% increase from 2022.
  • Merit Medical Systems Inc annual Operating Margin for 2022 was 7.61 %, a 34.2% increase from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 11.5 +1.62 +16.4% Jan 1, 2024 Dec 31, 2024
2023 9.86 +2.25 +29.6% Jan 1, 2023 Dec 31, 2023
2022 7.61 +1.94 +34.2% Jan 1, 2022 Dec 31, 2022
2021 5.67 +5.83 Jan 1, 2021 Dec 31, 2021
2020 -0.16 -1.71 -110% Jan 1, 2020 Dec 31, 2020
2019 1.55 -5.09 -76.7% Jan 1, 2019 Dec 31, 2019
2018 6.64 +2.1 +46.2% Jan 1, 2018 Dec 31, 2018
2017 4.54 -1.23 -21.3% Jan 1, 2017 Dec 31, 2017
2016 5.78 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.