Merit Medical Systems Inc (MMSI) — Cash Flow Quality Index
Merit Medical Systems Inc (MMSI) has a Cash Flow Quality Index of 0.99x as of March 2026. Operating cash flow of $40.68 Million is below net income of $40.99 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Merit Medical Systems Inc cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Merit Medical Systems Inc Cash Flow Quality Index (1991–2025)
Historical Cash Flow Quality Index for Merit Medical Systems Inc across 34 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check MMSI cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Merit Medical Systems Inc (1991–2025)
Year-by-year earnings quality comparison for Merit Medical Systems Inc. For live market cap and the full company financial profile, see MMSI stock market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.31x | $297.37 Million | $128.49 Million | ▲ +26.2% |
| 2024 | 1.83x | $220.80 Million | $120.36 Million | ▲ +19.3% |
| 2023 | 1.54x | $145.15 Million | $94.41 Million | ▲ +0.2% |
| 2022 | 1.53x | $114.29 Million | $74.52 Million | ▼ -49.5% |
| 2021 | 3.04x | $147.23 Million | $48.45 Million | ▼ -78.7% |
| 2019 | 14.27x | $77.81 Million | $5.45 Million | ▲ +593.1% |
| 2018 | 2.06x | $86.53 Million | $42.02 Million | ▼ -9.6% |
| 2017 | 2.28x | $62.73 Million | $27.52 Million | ▼ -14.4% |
| 2016 | 2.66x | $53.60 Million | $20.12 Million | ▼ -8.7% |
| 2015 | 2.92x | $69.46 Million | $23.80 Million | ▲ +25.7% |
| 2014 | 2.32x | $53.33 Million | $22.97 Million | ▼ -25.1% |
| 2013 | 3.10x | $51.37 Million | $16.57 Million | ▲ +30.2% |
| 2012 | 2.38x | $46.94 Million | $19.71 Million | ▲ +61.3% |
| 2011 | 1.48x | $34.02 Million | $23.04 Million | ▼ -47.1% |
| 2010 | 2.79x | $34.76 Million | $12.46 Million | ▲ +109.0% |
| 2009 | 1.33x | $30.07 Million | $22.53 Million | ▼ -1.1% |
| 2008 | 1.35x | $27.97 Million | $20.73 Million | ▼ -34.5% |
| 2007 | 2.06x | $32.12 Million | $15.59 Million | ▲ +32.7% |
| 2006 | 1.55x | $19.11 Million | $12.30 Million | ▲ +120.9% |
| 2005 | 0.70x | $11.09 Million | $15.78 Million | ▼ -58.0% |
| 2004 | 1.67x | $30.02 Million | $17.93 Million | ▲ +16.6% |
| 2003 | 1.44x | $24.84 Million | $17.30 Million | ▼ -23.9% |
| 2002 | 1.89x | $21.36 Million | $11.31 Million | ▼ -30.8% |
| 2001 | 2.73x | $18.37 Million | $6.74 Million | ▼ -68.4% |
| 2000 | 8.62x | $7.13 Million | $826.56K | ▲ +9098.1% |
| 1999 | 0.09x | $300.00K | $3.20 Million | ▼ -86.2% |
| 1998 | 0.68x | $1.70 Million | $2.50 Million | ▼ -68.0% |
| 1997 | 2.13x | $1.70 Million | $800.00K | ▲ +37.5% |
| 1996 | 1.55x | $3.40 Million | $2.20 Million | ▲ +203.0% |
| 1995 | -1.50x | $-1.80 Million | $1.20 Million | ▼ -587.5% |
| 1994 | 0.31x | $400.00K | $1.30 Million | ▼ -53.8% |
| 1993 | 0.67x | $1.20 Million | $1.80 Million | ▲ +200.0% |
| 1992 | -0.67x | $-800.00K | $1.20 Million | ▼ -388.9% |
| 1991 | 0.23x | $300.00K | $1.30 Million | — |