Merit Medical Systems Inc (MMSI) — Free Cash Flow Generation Index

Latest as of June 2026: 0.74x

Merit Medical Systems Inc (MMSI) has a Free Cash Flow Generation Index of 0.74x as of June 2026. Free cash flow of $51.09 Million represents 1% of operating cash flow ($69.28 Million). Explore Merit Medical Systems Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.74x
Free Cash Flow / Operating CF

Free Cash Flow

$51.09 Million
USD

Operating Cash Flow

$69.28 Million
USD

Capital Expenditures

$18.19 Million
USD

Merit Medical Systems Inc Free Cash Flow Generation Index (1991–2025)

Historical FCF Generation Index trend for Merit Medical Systems Inc across 33 annual periods. For the full cash flow conversion analysis, see MMSI cash generation efficiency.

Annual Free Cash Flow Generation for Merit Medical Systems Inc (1991–2025)

Year-by-year Free Cash Flow Generation Index for Merit Medical Systems Inc. Check MMSI cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.71x $212.53 Million $297.37 Million $84.84 Million ▼ -13.7%
2024 0.83x $182.76 Million $220.80 Million $38.04 Million ▲ +10.8%
2023 0.75x $108.45 Million $145.15 Million $36.70 Million ▲ +23.3%
2022 0.61x $69.26 Million $114.29 Million $45.03 Million ▼ -25.2%
2021 0.81x $119.29 Million $147.23 Million $27.94 Million ▲ +15.4%
2020 0.70x $115.99 Million $165.27 Million $49.28 Million ▲ +1582.4%
2019 -0.05x $-3.68 Million $77.81 Million $81.50 Million ▼ -120.3%
2018 0.23x $20.20 Million $86.53 Million $66.34 Million ▼ -32.0%
2017 0.34x $21.53 Million $62.73 Million $41.20 Million ▼ -0.8%
2016 0.35x $18.55 Million $53.60 Million $35.05 Million ▲ +45.3%
2015 0.24x $16.54 Million $69.46 Million $52.91 Million ▼ -27.1%
2014 0.33x $17.43 Million $53.33 Million $35.90 Million ▲ +272.2%
2013 -0.19x $-9.75 Million $51.37 Million $61.12 Million ▲ +53.5%
2012 -0.41x $-19.16 Million $46.94 Million $66.10 Million ▲ +49.0%
2011 -0.80x $-27.26 Million $34.02 Million $61.27 Million ▼ -377.7%
2010 0.29x $10.03 Million $34.76 Million $24.73 Million ▼ -16.6%
2009 0.35x $10.40 Million $30.07 Million $19.67 Million ▼ -25.9%
2008 0.47x $13.06 Million $27.97 Million $14.91 Million ▼ -2.5%
2007 0.48x $15.38 Million $32.12 Million $16.74 Million ▲ +122.7%
2006 0.22x $4.11 Million $19.11 Million $15.00 Million ▲ +108.0%
2005 -2.67x $-29.65 Million $11.09 Million $40.74 Million ▼ -3917.9%
2004 0.07x $2.10 Million $30.02 Million $27.91 Million ▼ -89.6%
2003 0.67x $16.67 Million $24.84 Million $8.17 Million ▲ +7.0%
2002 0.63x $13.40 Million $21.36 Million $7.95 Million ▼ -19.3%
2001 0.78x $14.28 Million $18.37 Million $4.09 Million ▲ +127.3%
2000 0.34x $2.44 Million $7.13 Million $4.69 Million ▲ +100.6%
1999 -53.33x $-16.00 Million $300.00K $16.30 Million ▼ -3526.7%
1998 -1.47x $-2.50 Million $1.70 Million $4.20 Million ▼ -516.7%
1997 0.35x $600.00K $1.70 Million $1.10 Million ▲ +71.4%
1996 0.21x $700.00K $3.40 Million $2.70 Million ▲ +102.7%
1994 -7.75x $-3.10 Million $400.00K $3.50 Million ▼ -4550.0%
1993 -0.17x $-200.00K $1.20 Million $1.40 Million ▲ +97.8%
1991 -7.67x $-2.30 Million $300.00K $2.60 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).