Merit Medical Systems Inc (MMSI) — Cash Flow Quality Index
Merit Medical Systems Inc (MMSI) has a Cash Flow Quality Index of 1.79x as of June 2026. Operating cash flow of $69.28 Million exceeds net income of $38.80 Million, indicating high earnings quality where cash backs reported profits. Explore MMSI cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see Merit Medical Systems Inc (MMSI) cash conversion ratio.
Annual Cash Flow Quality Index for Merit Medical Systems Inc (1991–2025)
Year-by-year earnings quality comparison for Merit Medical Systems Inc.
| 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 | — |