MMSI Merit Medical Systems, Inc. - Common Stock
NASDAQ · Health Care · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Jul 30, 2026
$85.37
· of 52w range
· above low
· to high
$59.7452w low
$94.7552w high
Market Cap (MRQ)
$5.10B
P/E (TTM)
35.1
EPS (TTM)
$2.43
Revenue (TTM)
$1.58B
your badges
52W Range
$60–$95
Analyst Rating
BUY
Price Target
$101
P/E
35.1
ROE
9.2%
Net Profit Margin
9.2%
Your badge strip is empty — pin a metric anywhere on this page.
MMSI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$85.37
Market Cap (MRQ)
$5.10B
P/E (TTM)
35.1
EPS (TTM)
$2.43
Revenue (TTM)
$1.58B
ROE (TTM)
9.2%
Debt/Equity (MRQ)
0.4
52W Range
$60–$95
MMSI Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
Stock splits
| Ex-date | Split | Type |
|---|---|---|
| May 6, 2011 | 5-for-4 | Forward |
| Dec. 3, 2003 | 4-for-3 | Forward |
| Aug. 15, 2003 | 4-for-3 | Forward |
| April 12, 2002 | 5-for-4 | Forward |
| Aug. 28, 2001 | 5-for-4 | Forward |
| July 16, 1991 | 3-for-2 | Forward |
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$1.52B2016-12-31 → 2025-12-31
EPS$2.132016-12-31 → 2025-12-31
Free Cash Flow$216M2016-12-31 → 2025-12-31
Net margin9.2%2016-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | MMSI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 35.15Y avg ≈53.0 | ≈53.0 | 28.6 | Fair value | |
| P/S (TTM) | 3.25Y avg ≈3.4 | ≈3.4 | 2.6 | Fair value | |
| P/B (MRQ) | 3.05Y avg ≈3.5 | ≈3.5 | 2.6 | Fair value | |
| EV / EBITDA | 17.55Y avg ≈22.5 | ≈22.5 | 16.4 | Overvalued | |
| Price / FCF (TTM) | 25.15Y avg ≈38.0 | ≈38.0 | · | · | |
| Price / Cash Flow (TTM) | 18.05Y avg ≈26.8 | ≈26.8 | 17.6 | Fair value | |
| EV / Revenue | 3.55Y avg ≈3.6 | ≈3.6 | · | · | |
| EV / FCF | 24.95Y avg ≈39.7 | ≈39.7 | · | · | |
| Price / Tangible Book | 4.75Y avg ≈5.4 | ≈5.4 | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | MMSI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 49.5%5Y avg ≈46.4% | ≈46.4% | 56.7% | Weak | |
| Operating Margin (TTM) | 12.8%5Y avg ≈8.8% | ≈8.8% | 14.5% | In line | |
| EBITDA Margin (TTM) | 20.6%5Y avg ≈16.4% | ≈16.4% | 17.6% | Top tier | |
| Pretax Margin (TTM) | 12.3%5Y avg ≈8.1% | ≈8.1% | 13.1% | In line | |
| Net Profit Margin (TTM) | 9.2%5Y avg ≈6.7% | ≈6.7% | 9.5% | In line | |
| ROA (TTM) | 5.3%5Y avg ≈4.3% | ≈4.3% | 4.5% | In line | |
| ROE (TTM) | 9.2%5Y avg ≈6.9% | ≈6.9% | 9.3% | In line | |
| ROIC | 6.0%5Y avg ≈5.3% | ≈5.3% | 5.9% | In line |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | MMSI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.45Y avg ≈0.4 | ≈0.4 | 0.5 | In line | |
| Current Ratio (MRQ) | 4.25Y avg ≈3.6 | ≈3.6 | 2.1 | Strong liquidity | |
| Quick Ratio | 2.75Y avg ≈2.1 | ≈2.1 | 0.8 | Strong liquidity | |
| Long-Term Debt / Equity (MRQ) | 0.45Y avg ≈0.4 | ≈0.4 | 0.6 | Low debt |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | MMSI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 11.8%5Y avg ≈9.5% | ≈9.5% | · | · | |
| Revenue CAGR 3Y | 9.6%5Y avg ≈9.0% | ≈9.0% | · | · | |
| Revenue CAGR 5Y | 9.5% | · | · | · | |
| EPS YoY | 4.9%5Y avg ≈27.3% | ≈27.3% | · | · | |
| Net Income YoY | 6.8%5Y avg ≈28.7% | ≈28.7% | · | · | |
| EPS CAGR 3Y | 18.2% | · | · | · | |
| Net Income CAGR 3Y | 19.9% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | MMSI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.65Y avg ≈0.6 | ≈0.6 | 0.6 | In line | |
| Inventory Turnover | 2.45Y avg ≈2.5 | ≈2.5 | 3.1 | Weak | |
| Receivables Turnover | 7.75Y avg ≈7.4 | ≈7.4 | 7.2 | In line | |
| Revenue / Employee | ≈$202.1K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
12.8%
Next Report
Oct 28, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 28, 2026 | $1.19 | $0.98 | 21.7% |
| March 31, 2026 | $0.94 | $0.85 | 10.7% | |
| Dec. 31, 2025 | $1.04 | $0.97 | 6.9% | |
| Sept. 30, 2025 | $0.92 | $0.85 | 8.4% | |
| June 30, 2025 | $1.01 | $0.87 | 16.4% | |
| March 31, 2025 | $0.86 | $0.76 | 12.6% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.52B | $1.36B | $1.26B | $1.15B | $1.07B | $964M | $995M | $883M | $728M | $604M | $542M | $510M | |
| Cost of Revenue | $778M | $713M | $673M | $632M | $589M | $563M | $562M | $488M | $402M | $339M | $306M | $284M | |
| Gross Profit | $738M | $643M | $584M | $519M | $485M | $401M | $432M | $395M | $326M | $265M | $236M | $225M | |
| R&D Expense | · | · | · | · | · | · | · | $60M | $51M | $45M | $41M | $37M | |
| SG&A Expense | $455M | $400M | $374M | $343M | $336M | $298M | $327M | $276M | $229M | $184M | $156M | $148M | |
| Operating Expenses | $554M | $488M | $460M | $432M | $424M | $403M | $417M | $336M | $293M | $230M | $198M | $185M | |
| Operating Income | $185M | $156M | $124M | $88M | $61M | $-2M | $15M | $59M | $33M | $35M | $38M | $40M | |
| Interest Expense | · | · | $16M | $6M | $5M | $10M | $12M | $10M | $8M | $9M | $6M | $9M | |
| Interest Income | · | · | · | · | · | · | · | $1M | $381.0K | $81.0K | $272.0K | $217.0K | |
| Other Non-op | $-2M | $-711.0K | $1M | $966.0K | $-3M | $-2M | $-537.0K | $63.0K | $-872.0K | $-773.0K | $-386.0K | $18.0K | |
| Pretax Income | $171M | $150M | $112M | $83M | $54M | $-13M | $2M | $50M | $36M | $25M | $31M | $32M | |
| Income Tax | $42M | $30M | $18M | $8M | $5M | $-3M | $-3M | $8M | $8M | $5M | $7M | $9M | |
| Net Income | $128M | $120M | $94M | $75M | $48M | $-10M | $5M | $42M | $28M | $20M | $24M | $23M | |
| EPS (Basic) | $2.17 | $2.07 | $1.64 | $1.31 | $0.86 | $-0.18 | $0.10 | $0.80 | $0.56 | $0.45 | $0.54 | $0.53 | |
| EPS (Diluted) | $2.13 | $2.03 | $1.62 | $1.29 | $0.84 | $-0.18 | $0.10 | $0.78 | $0.55 | $0.45 | $0.53 | $0.53 | |
| Shares (Basic) | 59,158,000 | 58,218,000 | 57,593,000 | 56,806,000 | 56,145,000 | 55,434,000 | 55,075,000 | 52,268,000 | 48,805,000 | 44,408,000 | 44,036,000 | 43,143,000 | |
| Shares (Diluted) | 60,460,000 | 59,365,000 | 58,356,000 | 57,671,000 | 57,359,000 | 55,434,000 | 56,235,000 | 53,931,000 | 50,101,000 | 44,862,000 | 44,511,000 | 43,409,000 | |
| EBITDA | $308M | · | $214M | $169M | $145M | $93M | · | $128M | $87M | $79M | $75M | $76M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $446M | $377M | $587M | $58M | $68M | $57M | $44M | $67M | $32M | $19M | $4M | $7M | |
| Receivables | $204M | $190M | $178M | $165M | $152M | $147M | $155M | $137M | $106M | $81M | $70M | $73M | |
| Inventory | $334M | $306M | $304M | $266M | $222M | $198M | $226M | $198M | $155M | $121M | $106M | $92M | |
| Prepaid Expense | $31M | $29M | $24M | $22M | $16M | $13M | $12M | $11M | $9M | $6M | $6M | $5M | |
| Current Assets | $1.04B | $924M | $1.11B | $529M | $482M | $430M | $455M | $430M | $316M | $243M | $204M | $192M | |
| PP&E (Net) | $428M | $386M | $384M | $383M | $372M | $383M | $379M | $331M | $293M | $277M | $268M | $244M | |
| PP&E (Gross) | $805M | $738M | $713M | $686M | $652M | $643M | $610M | $541M | $478M | $439M | $408M | $365M | |
| Accum. Depreciation | $376M | $352M | $329M | $303M | $281M | $261M | $232M | $210M | $186M | $162M | $140M | $121M | |
| Goodwill | $507M | $464M | $382M | $360M | $362M | $364M | $353M | $335M | $238M | $212M | $184M | $184M | |
| Intangibles | · | · | · | · | · | · | · | $80M | · | · | · | · | |
| Other Non-current Assets | $78M | $65M | $55M | $44M | $41M | $38M | $41M | $58M | $35M | $28M | $13M | $16M | |
| Total Assets | $2.69B | $2.42B | $2.33B | $1.66B | $1.65B | $1.66B | $1.76B | $1.62B | $1.11B | $943M | $779M | $747M | |
| Accrued Liabilities | $159M | $134M | $120M | $123M | $159M | $112M | $105M | $96M | $59M | $46M | $38M | $34M | |
| Short-term Debt | · | · | · | · | · | · | · | $7M | $7M | $0 | · | · | |
| Current Liabilities | $240M | $216M | $204M | $221M | $236M | $185M | $182M | $175M | $116M | $88M | $88M | $75M | |
| Capital Leases | $77M | $55M | $56M | $60M | $62M | $71M | $73M | · | · | · | · | · | |
| Deferred Tax | $20M | $240.0K | $6M | $18M | $32M | $33M | $45M | $56M | $23M | $26M | $11M | $6M | |
| Other Non-current Liabilities | $10M | $15M | $14M | $15M | $24M | $53M | $56M | $65M | $16M | $4M | $4M | $3M | |
| Total Liabilities | $1.10B | $1.04B | $1.12B | $520M | $608M | $706M | $807M | $687M | $435M | $445M | $313M | $312M | |
| Long-term Debt | $734M | $730M | $823M | $198M | $243M | $351M | $439M | $395M | $278M | $324M | $208M | $224M | |
| Total Debt | $734M | · | $823M | $198M | $243M | $351M | · | $402M | $285M | $324M | $208M | $224M | |
| Common Stock | $764M | $703M | $638M | $675M | $642M | $606M | $587M | $571M | $353M | $206M | $198M | $188M | |
| Retained Earnings | $824M | $696M | $575M | $481M | $406M | $358M | $368M | $363M | $321M | $294M | $274M | $250M | |
| AOCI | $-4M | $-19M | $-11M | $-12M | $-8M | $-5M | $-5M | $-2M | $2M | $-2M | $-5M | $-2M | |
| Stockholders' Equity | $1.58B | $1.38B | $1.20B | $1.14B | $1.04B | $959M | $950M | $933M | $676M | $498M | $466M | $435M | |
| Liabilities + Equity | $2.69B | $2.42B | $2.33B | $1.66B | $1.65B | $1.66B | $1.76B | $1.62B | $1.11B | $943M | $779M | $747M | |
| Shares Outstanding | 59,424,000 | 58,743,000 | 57,858,000 | 57,306,000 | 56,570,000 | 55,623,000 | 55,213,000 | 54,893,000 | 50,248,000 | 44,645,000 | 44,267,000 | 43,614,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $123M | $103M | $90M | $82M | $84M | $94M | $92M | $70M | $54M | $44M | $37M | $36M | |
| Stock-based Comp | $43M | $28M | $21M | $18M | $16M | $14M | $9M | $6M | $4M | $3M | $2M | $1M | |
| Deferred Tax | $5M | $-15M | $-13M | $-15M | $-5M | $-11M | $-12M | $2M | $-1M | $-962.0K | $3M | $4M | |
| Amort. of Intangibles | $85M | $66M | $56M | $48M | $50M | $59M | $61M | $41M | $27M | $19M | $15M | $15M | |
| Restructuring | $6M | $3M | $3M | $7M | · | · | · | · | · | · | · | · | |
| Other Non-cash | $-3M | · | $-48M | $-45M | $3M | $78M | · | $-33M | $-21M | $-12M | $3M | · | |
| Operating Cash Flow | $297M | $221M | $145M | $114M | $147M | $165M | $78M | $87M | $63M | $54M | $69M | $53M | |
| CapEx | $82M | $35M | $34M | $45M | $28M | $46M | $78M | $63M | $39M | $33M | $51M | $34M | |
| Investing Cash Flow | $-247M | $-369M | $-175M | $-57M | $-37M | $-59M | $-134M | $-379M | $-147M | $-159M | $-62M | $-36M | |
| Debt Issued | · | · | · | $215M | $98M | $69M | $247M | $639M | $197M | $220M | $152M | $144M | |
| Net Debt Issued | · | · | · | $-45M | $-108M | $-88M | · | $116M | $-46M | $117M | $-17M | $-25M | |
| Stock Issued | $28M | $41M | $16M | $20M | $21M | $7M | $6M | $215M | $144M | $5M | $7M | $8M | |
| Net Stock Activity | $28M | · | $16M | $20M | $21M | $7M | · | $215M | $144M | $5M | $7M | $8M | |
| Financing Cash Flow | $16M | $-60M | $559M | $-60M | $-98M | $-96M | $34M | $328M | $97M | $121M | $-10M | $-17M | |
| Net Change in Cash | $70M | $-210M | $529M | $-7M | $11M | $13M | $-23M | $35M | $13M | $15M | $-3M | $-104.0K | |
| Taxes Paid | $31M | $45M | $32M | $17M | $9M | $9M | $12M | $9M | $6M | $2M | $3M | $3M | |
| Free Cash Flow | $216M | · | $111M | $69M | $119M | $119M | · | $23M | $24M | $21M | $18M | $19M | |
| Levered FCF | · | · | $98M | $64M | $115M | $112M | · | $14M | $18M | $14M | $14M | $13M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 48.7% | · | 46.4% | 45.1% | 45.2% | 41.6% | · | 44.7% | 44.8% | 43.9% | 43.5% | 44.2% | |
| Operating Margin | 12.2% | · | 9.9% | 7.6% | 5.7% | -0.16% | · | 6.6% | 4.5% | 5.8% | 6.9% | 7.9% | |
| Net Margin | 8.5% | · | 7.5% | 6.5% | 4.5% | -1.0% | · | 4.8% | 3.8% | 3.3% | 4.4% | · | |
| Pretax Margin | 11.3% | · | 8.9% | 7.2% | 5.0% | -1.4% | · | 5.6% | 4.9% | 4.2% | 5.8% | 6.2% | |
| EBITDA Margin | 20.3% | · | 17.0% | 14.7% | 13.5% | 9.6% | · | 14.5% | 11.9% | 13.0% | 13.8% | 14.9% | |
| ROA | 5.0% | · | 4.7% | 4.5% | 2.9% | -0.58% | · | 3.1% | 2.7% | 2.3% | 3.1% | · | |
| ROE | 8.4% | · | 7.8% | 6.7% | 4.7% | -1.0% | · | 4.5% | 4.7% | 4.2% | 5.3% | · | |
| ROIC | 6.0% | · | 5.2% | 5.9% | 4.3% | -0.09% | · | 3.7% | 2.6% | 3.4% | 4.2% | 4.4% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.3 | · | 5.4 | 2.4 | 2.0 | 2.3 | · | 2.5 | 2.7 | 2.8 | 2.3 | 2.5 | |
| Quick Ratio | 2.7 | · | 3.8 | 1.0 | 0.9 | 1.1 | · | 1.2 | 1.2 | 1.1 | 0.8 | 1.1 | |
| Debt / Equity | 0.5 | · | 0.7 | 0.2 | 0.2 | 0.4 | · | 0.4 | 0.4 | 0.7 | 0.4 | 0.5 | |
| LT Debt / Equity | 0.5 | · | 0.7 | 0.2 | 0.2 | 0.4 | · | 0.4 | 0.4 | 0.6 | 0.4 | 0.5 | |
| Interest Coverage | · | · | 8.0 | 13.8 | 11.6 | -0.2 | · | 5.7 | 4.3 | 4.0 | 6.0 | 4.5 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.6 | · | 0.6 | 0.7 | 0.6 | 0.6 | · | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | |
| Inventory Turnover | 2.4 | · | 2.4 | 2.6 | 2.8 | 2.7 | · | 2.8 | 2.9 | 3.0 | 3.1 | 3.3 | |
| Receivables Turnover | 7.7 | · | 7.3 | 7.3 | 7.2 | 6.4 | · | 7.3 | 7.8 | 8.0 | 7.6 | 7.7 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $26.66 | · | $20.77 | $19.97 | $18.38 | $17.23 | · | $16.99 | $13.46 | $11.16 | $10.53 | $9.98 | |
| Revenue / Share | $25.07 | · | $21.55 | $19.96 | $18.74 | $17.39 | · | $16.37 | $14.53 | $13.46 | $12.18 | $11.74 | |
| Cash Flow / Share | $4.92 | · | $2.49 | $1.98 | $2.57 | $2.98 | · | $1.60 | $1.25 | $1.19 | $1.56 | $1.23 | |
| Cash / Share | $7.51 | · | $10.15 | $1.02 | $1.20 | $1.02 | · | $1.23 | $0.64 | $0.43 | $0.09 | $0.17 | |
| EPS (TTM) | $2.13 | $2.03 | $1.62 | $1.29 | $0.84 | $-0.18 | $0.10 | $0.78 | $0.55 | $0.45 | $0.53 | $0.53 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 11.8% | 7.9% | 9.2% | 7.1% | 11.5% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 9.6% | 8.1% | 9.3% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 9.5% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 4.9% | 25.3% | 25.6% | 53.6% | · | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 18.2% | 34.2% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 6.8% | 27.5% | 26.7% | 53.8% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 19.9% | 35.4% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.52B | $1.36B | $1.26B | $1.15B | $1.07B | $964M | $995M | $883M | $728M | $604M | $542M | $510M | |
| Net Income TTM | $128M | $120M | $94M | $75M | $48M | $-10M | $5M | $42M | $28M | $20M | $24M | $23M | |
| Market Cap | $5.24B | · | $4.39B | $4.05B | $3.52B | $3.09B | · | $3.06B | $2.17B | $1.18B | $823M | $756M | |
| Enterprise Value | $5.53B | · | $4.63B | $4.19B | $3.70B | $3.38B | · | $3.40B | $2.42B | $1.49B | $1.03B | $973M | |
| P/E | 41.4 | 47.6 | 46.9 | 54.7 | 74.2 | -308.4 | 312.2 | 71.6 | 78.5 | 58.9 | 35.1 | 32.7 | |
| P/S | 3.5 | · | 3.5 | 3.5 | 3.3 | 3.2 | · | 3.5 | 3.0 | 2.0 | 1.5 | 1.5 | |
| P/B | 3.3 | · | 3.7 | 3.5 | 3.4 | 3.2 | · | 3.3 | 3.2 | 2.4 | 1.8 | 1.7 | |
| P / Tangible Book | 4.9 | 6.2 | 5.4 | 5.2 | 5.2 | 5.2 | · | · | · | · | · | · | |
| P / Cash Flow | 17.6 | · | 30.3 | 35.4 | 23.9 | 18.7 | · | 35.4 | 34.6 | 22.1 | 11.8 | 14.2 | |
| P / FCF | 24.3 | · | 39.6 | 58.4 | 29.5 | 25.9 | · | 132.0 | 90.1 | 57.0 | 44.5 | 39.5 | |
| EV / EBITDA | 17.9 | · | 21.6 | 24.7 | 25.5 | 36.6 | · | 26.5 | 28.0 | 18.9 | 13.7 | 12.8 | |
| EV / FCF | 25.6 | · | 41.8 | 60.4 | 31.0 | 28.4 | · | 146.4 | 100.6 | 71.7 | 55.5 | 50.8 | |
| EV / Revenue | 3.6 | · | 3.7 | 3.6 | 3.4 | 3.5 | · | 3.8 | 3.3 | 2.5 | 1.9 | 1.9 | |
| Earnings Yield | 2.4% | 2.1% | 2.1% | 1.8% | 1.4% | -0.32% | 0.32% | 1.4% | 1.3% | 1.7% | 2.9% | 3.1% |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $419M | $382M | $394M | $384M | $382M | $355M | $355M | $340M | $338M | $324M | $325M | $315M | $320M | $298M | $293M | $287M | |
| Cost of Revenue | $204M | $197M | $199M | $198M | $198M | $183M | $182M | $182M | $177M | $172M | $174M | $173M | $167M | $159M | $159M | $159M | |
| Gross Profit | $215M | $185M | $195M | $186M | $184M | $172M | $173M | $158M | $161M | $152M | $151M | $142M | $153M | $138M | $135M | $129M | |
| SG&A Expense | $129M | $118M | $115M | $120M | $113M | $107M | $111M | $100M | $95M | $94M | $96M | $87M | $101M | $90M | $83M | $90M | |
| Operating Expenses | $155M | $141M | $141M | $144M | $138M | $131M | $136M | $120M | $115M | $116M | $117M | $107M | $124M | $112M | $104M | $110M | |
| Operating Income | $60M | $44M | $54M | $43M | $47M | $41M | $37M | $37M | $46M | $36M | $34M | $35M | $29M | $26M | $30M | $19M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $8M | · | $5M | $4M | $2M | · | $2M | |
| Other Non-op | $-723.0K | $12M | $-675.0K | $-933.0K | $-487.0K | $-297.0K | $-167.0K | $245.0K | $15.0K | $-804.0K | $909.0K | $-255.0K | $-451.0K | $997.0K | $2M | $660.0K | |
| Pretax Income | $51M | $54M | $51M | $39M | $43M | $38M | $33M | $37M | $46M | $34M | $31M | $30M | $25M | $26M | $30M | $18M | |
| Income Tax | $13M | $13M | $13M | $11M | $11M | $8M | $5M | $8M | $10M | $6M | $4M | $4M | $5M | $5M | $-3M | $2M | |
| Net Income | $39M | $41M | $38M | $28M | $33M | $30M | $28M | $28M | $36M | $28M | $28M | $26M | $20M | $21M | $33M | $15M | |
| EPS (Basic) | $0.65 | $0.69 | $0.64 | $0.47 | $0.55 | $0.51 | $0.48 | $0.49 | $0.61 | $0.49 | $0.48 | $0.45 | $0.35 | $0.36 | $0.58 | $0.27 | |
| EPS (Diluted) | $0.65 | $0.68 | $0.64 | $0.46 | $0.54 | $0.49 | $0.46 | $0.48 | $0.61 | $0.48 | $0.47 | $0.44 | $0.35 | $0.36 | $0.57 | $0.27 | |
| Shares (Basic) | 59,679,000 | 59,510,000 | · | 59,245,000 | 59,140,000 | 58,897,000 | · | 58,231,000 | 58,139,000 | 57,958,000 | · | 57,682,000 | 57,537,000 | 57,352,000 | · | 56,835,000 | |
| Shares (Diluted) | 60,006,000 | 60,013,000 | · | 59,919,000 | 60,611,000 | 61,278,000 | · | 59,537,000 | 58,740,000 | 58,567,000 | · | 58,375,000 | 58,473,000 | 58,183,000 | · | 57,586,000 | |
| EBITDA | $91M | $75M | · | $74M | $78M | $70M | · | $37M | $46M | $60M | · | $35M | $29M | $47M | · | $19M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $449M | $488M | $446M | $392M | $342M | $396M | $377M | $523M | $637M | $582M | $587M | $59M | $72M | $58M | $58M | $51M | |
| Receivables | $224M | $206M | $204M | $210M | $204M | $200M | $190M | $190M | $182M | $181M | · | $168M | $171M | $170M | · | $156M | |
| Inventory | $374M | $352M | $334M | $327M | $323M | $318M | $306M | $311M | $298M | $303M | · | $304M | $306M | $290M | · | $247M | |
| Prepaid Expense | $33M | $29M | $31M | $31M | $30M | $25M | $29M | $27M | $26M | $24M | · | $28M | $25M | $20M | · | $27M | |
| Current Assets | $1.11B | $1.10B | $1.04B | $986M | $923M | $959M | $924M | $1.08B | $1.16B | $1.11B | · | $585M | $595M | $557M | · | $500M | |
| PP&E (Net) | $437M | $434M | $428M | $418M | $410M | $390M | $386M | $390M | $386M | $384M | $384M | $383M | $384M | $387M | $383M | $376M | |
| PP&E (Gross) | $827M | $817M | $805M | $796M | $782M | $752M | $738M | $746M | $732M | $721M | · | $711M | $704M | $699M | · | $676M | |
| Accum. Depreciation | $390M | $383M | $376M | $378M | $372M | $361M | $352M | $356M | $346M | $337M | · | $327M | $320M | $311M | · | $300M | |
| Goodwill | $540M | $503M | $507M | $507M | $505M | $464M | $464M | $399M | $381M | $382M | $382M | $381M | $382M | $360M | $360M | $358M | |
| Other Non-current Assets | $72M | $75M | $78M | $77M | $81M | $72M | $65M | $62M | $62M | $59M | · | $49M | $52M | $46M | · | $44M | |
| Total Assets | $2.86B | $2.72B | $2.69B | $2.63B | $2.59B | $2.47B | $2.42B | $2.38B | $2.37B | $2.33B | · | $1.81B | $1.84B | $1.68B | · | $1.63B | |
| Accrued Liabilities | $172M | $123M | $159M | $147M | $140M | $119M | $134M | $127M | $118M | $113M | · | $119M | $111M | $119M | · | $125M | |
| Current Liabilities | $265M | $217M | $240M | $230M | $226M | $197M | $216M | $201M | $186M | $183M | · | $187M | $190M | $216M | · | $213M | |
| Capital Leases | $73M | $75M | $77M | $78M | $78M | $78M | $55M | $57M | $58M | $60M | · | $57M | $57M | $58M | · | $60M | |
| Deferred Tax | $40M | $20M | $20M | $27M | $27M | $247.0K | $240.0K | $6M | $6M | $6M | · | $18M | $18M | $18M | · | $31M | |
| Other Non-current Liabilities | $47M | $25M | $10M | $13M | $12M | $12M | $15M | $17M | $16M | $15M | · | $14M | $13M | $14M | · | $16M | |
| Total Liabilities | $1.18B | $1.09B | $1.10B | $1.10B | $1.10B | $1.04B | $1.04B | $1.05B | $1.09B | $1.09B | · | $579M | $634M | $512M | · | $544M | |
| Long-term Debt | $736M | $735M | $734M | $733M | $732M | $731M | $730M | $751M | $801M | $800M | · | $286M | $339M | $198M | · | $217M | |
| Total Debt | $736M | $735M | · | $733M | $732M | $731M | · | $751M | $801M | $800M | · | $286M | $339M | $198M | · | $217M | |
| Common Stock | $784M | $769M | $764M | $747M | $735M | $718M | $703M | $669M | $659M | $649M | · | $695M | $692M | $681M | · | $658M | |
| Retained Earnings | $904M | $865M | $824M | $786M | $758M | $726M | $696M | $668M | $639M | $603M | · | $548M | $522M | $501M | · | $447M | |
| AOCI | $-8M | $-8M | $-4M | $-4M | $-5M | $-15M | $-19M | $-13M | $-15M | $-12M | · | $-13M | $-10M | $-11M | · | $-17M | |
| Stockholders' Equity | $1.68B | $1.63B | $1.58B | $1.53B | $1.49B | $1.43B | $1.38B | $1.32B | $1.28B | $1.24B | $1.20B | $1.23B | $1.20B | $1.17B | $1.14B | $1.09B | |
| Liabilities + Equity | $2.86B | $2.72B | $2.69B | $2.63B | $2.59B | $2.47B | $2.42B | $2.38B | $2.37B | $2.33B | · | $1.81B | $1.84B | $1.68B | · | $1.63B | |
| Shares Outstanding | 59,710,000 | 59,655,000 | 59,424,000 | 59,290,000 | 59,218,000 | 59,078,000 | 58,743,000 | 58,274,000 | 58,192,000 | 58,102,000 | 57,858,000 | 57,746,000 | 57,634,000 | 57,472,000 | 57,306,000 | 56,918,000 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $31M | $30M | $32M | $31M | $31M | $29M | $29M | $26M | $24M | $24M | $24M | $24M | $22M | $21M | $20M | $20M | |
| Stock-based Comp | $13M | $9M | $10M | $14M | $11M | $9M | $10M | $7M | $7M | $5M | $6M | $6M | $6M | $4M | $4M | $5M | |
| Amort. of Intangibles | $21M | $21M | $22M | $22M | $22M | $20M | $19M | $17M | $15M | $15M | $15M | $15M | $13M | $12M | $12M | $12M | |
| Other Non-cash | · | $-40M | · | · | · | $-28M | · | · | · | $-21M | · | · | · | $-31M | · | · | |
| Operating Cash Flow | $69M | $41M | $99M | $75M | $83M | $41M | $69M | $47M | $69M | $36M | $62M | $51M | $17M | $15M | $28M | $35M | |
| CapEx | $17M | $16M | $24M | $22M | $14M | $21M | $3M | $9M | $11M | $12M | $7M | $9M | $6M | $13M | $12M | $16M | |
| Investing Cash Flow | $-110M | $8M | $-50M | $-24M | $-143M | $-30M | $-214M | $-116M | $-16M | $-22M | $-8M | $-9M | $-143M | $-15M | $-17M | $-17M | |
| Debt Issued | · | · | · | · | · | · | · | · | · | · | · | $20M | $411M | $50M | · | $45M | |
| Net Debt Issued | · | · | · | · | · | · | · | · | · | · | · | · | · | $-365.0K | · | · | |
| Stock Issued | $2M | $3M | $6M | $2M | $7M | $13M | $25M | $4M | $3M | $8M | $4M | $2M | $5M | $4M | $13M | $3M | |
| Net Stock Activity | · | $3M | · | · | · | $13M | · | · | · | $8M | · | · | · | $4M | · | · | |
| Financing Cash Flow | $948.0K | $-6M | $5M | $-365.0K | $4M | $7M | $2M | $-48M | $3M | $-18M | $473M | $-55M | $142M | $-497.0K | $-6M | $-27M | |
| Net Change in Cash | $-39M | $42M | $54M | $51M | $-54M | $19M | $-147M | $-113M | $55M | $-5M | $528M | $-13M | $14M | $-432.0K | $7M | $-12M | |
| Taxes Paid | $17M | $4M | $8M | $4M | $16M | $4M | $12M | $10M | $21M | $2M | $7M | $7M | $15M | $2M | $3M | $6M | |
| Free Cash Flow | · | $25M | · | · | · | $20M | · | · | · | $25M | · | · | · | $2M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $18M | · | · | · | $127.3K | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.4% | 48.4% | · | 48.5% | 48.2% | 48.4% | · | 46.4% | 47.7% | 46.9% | · | 45.1% | 47.7% | 46.5% | · | 44.8% | |
| Operating Margin | 14.4% | 11.6% | · | 11.1% | 12.3% | 11.6% | · | 11.0% | 13.6% | 11.1% | · | 11.2% | 9.0% | 8.9% | · | 6.5% | |
| Net Margin | 9.3% | 10.7% | · | 7.2% | 8.5% | 8.5% | · | 8.4% | 10.6% | 8.7% | · | 8.2% | 6.3% | 7.0% | · | 5.3% | |
| Pretax Margin | 12.2% | 14.0% | · | 10.0% | 11.3% | 10.7% | · | 10.8% | 13.6% | 10.6% | · | 9.6% | 7.8% | 8.6% | · | 6.1% | |
| EBITDA Margin | 21.8% | 19.6% | · | 19.2% | 20.4% | 19.8% | · | 11.0% | 13.6% | 18.4% | · | 11.2% | 9.0% | 15.8% | · | 6.5% | |
| ROA | 1.4% | 1.6% | · | 1.1% | 1.3% | 1.3% | · | 1.4% | 1.7% | 1.4% | · | 1.5% | 1.2% | 1.2% | · | 0.93% | |
| ROE | 2.5% | 2.7% | · | 1.9% | 2.4% | 2.3% | · | 2.2% | 2.9% | 2.3% | · | 2.2% | 1.8% | 1.9% | · | 1.5% | |
| ROIC | 1.9% | 1.4% | · | 1.4% | 1.6% | 1.5% | · | 1.4% | 1.7% | 1.5% | · | 2.0% | 1.5% | 1.6% | · | 1.2% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.2 | 5.1 | · | 4.3 | 4.1 | 4.9 | · | 5.4 | 6.2 | 6.0 | · | 3.1 | 3.1 | 2.6 | · | 2.3 | |
| Quick Ratio | 2.5 | 3.2 | · | 2.6 | 2.4 | 3.0 | · | 3.5 | 4.4 | 4.2 | · | 1.2 | 1.3 | 1.1 | · | 1.0 | |
| Debt / Equity | 0.4 | 0.5 | · | 0.5 | 0.5 | 0.5 | · | 0.6 | 0.6 | 0.6 | · | 0.2 | 0.3 | 0.2 | · | 0.2 | |
| LT Debt / Equity | 0.4 | 0.5 | · | 0.5 | 0.5 | 0.5 | · | 0.6 | 0.6 | 0.6 | · | 0.2 | 0.3 | 0.2 | · | 0.2 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | 4.5 | · | 7.3 | 7.8 | 13.1 | · | 10.2 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.1 | · | 0.2 | 0.2 | 0.1 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | |
| Inventory Turnover | 0.6 | 0.6 | · | 0.6 | 0.6 | 0.6 | · | 0.6 | 0.6 | 0.6 | · | 0.6 | 0.6 | 0.6 | · | 0.7 | |
| Receivables Turnover | 2.0 | 1.9 | · | 1.9 | 2.0 | 1.9 | · | 1.9 | 1.9 | 1.8 | · | 1.9 | 1.9 | 1.8 | · | 1.9 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $28.13 | $27.27 | · | $25.80 | $25.13 | $24.18 | · | $22.71 | $22.04 | $21.34 | · | $21.30 | $20.89 | $20.39 | · | $19.13 | |
| Revenue / Share | $6.98 | $6.36 | · | $6.41 | $6.31 | $5.80 | · | $5.71 | $5.75 | $5.52 | · | $5.40 | $5.47 | $5.11 | · | $4.99 | |
| Cash Flow / Share | · | $0.68 | · | · | · | $0.66 | · | · | · | $0.62 | · | · | · | $0.25 | · | · | |
| Cash / Share | $7.51 | $8.18 | · | $6.62 | $5.77 | $6.70 | · | $8.98 | $10.94 | $10.02 | · | $1.02 | $1.25 | $1.01 | · | $0.90 | |
| EPS (TTM) | $2.43 | $2.32 | · | $1.95 | $1.97 | $2.04 | · | $2.04 | $2.00 | $1.74 | · | $1.72 | $1.55 | $1.47 | · | $1.07 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.58B | $1.54B | · | $1.48B | $1.43B | $1.39B | · | $1.33B | $1.30B | $1.28B | · | $1.23B | $1.20B | $1.17B | · | $1.14B | |
| Net Income TTM | $146M | $139M | · | $118M | $119M | $122M | · | $120M | $117M | $102M | · | $100M | $90M | $85M | · | $62M | |
| Market Cap | $4.14B | $4.11B | · | $4.93B | $5.54B | $6.25B | · | $5.76B | $5.00B | $4.40B | · | $3.99B | $4.82B | $4.25B | · | $3.22B | |
| Enterprise Value | $4.43B | $4.36B | · | $5.28B | $5.93B | $6.58B | · | $5.99B | $5.17B | $4.62B | · | $4.21B | $5.09B | $4.39B | · | $3.38B | |
| P/E | 28.5 | 29.7 | · | 42.7 | 47.5 | 51.8 | · | 48.4 | 43.0 | 43.5 | · | 40.1 | 54.0 | 50.3 | · | 52.8 | |
| P/S | 2.6 | 2.7 | · | 3.3 | 3.9 | 4.5 | · | 4.3 | 3.8 | 3.4 | · | 3.3 | 4.0 | 3.6 | · | 2.8 | |
| P/B | 2.5 | 2.5 | · | 3.2 | 3.7 | 4.4 | · | 4.4 | 3.9 | 3.5 | · | 3.2 | 4.0 | 3.6 | · | 3.0 | |
| P / Tangible Book | 3.6 | 3.7 | · | 4.8 | 5.6 | 6.5 | · | 6.2 | 5.6 | 5.1 | · | 4.7 | 5.9 | 5.2 | · | 4.4 | |
| P / Cash Flow | · | 101.1 | · | · | · | 153.9 | · | · | · | 121.5 | · | · | · | 292.2 | · | · | |
| EV / Revenue | 2.8 | 2.8 | · | 3.6 | 4.1 | 4.7 | · | 4.5 | 4.0 | 3.6 | · | 3.4 | 4.2 | 3.7 | · | 3.0 | |
| Earnings Yield | 3.5% | 3.4% | · | 2.3% | 2.1% | 1.9% | · | 2.1% | 2.3% | 2.3% | · | 2.5% | 1.8% | 2.0% | · | 1.9% |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $1.52B | $1.36B | $1.26B | $1.15B | $1.07B |
| Gross Margin % | 48.7% | · | 46.4% | 45.1% | 45.2% |
| Operating Margin % | 12.2% | · | 9.9% | 7.6% | 5.7% |
| Net Income | $128M | $120M | $94M | $75M | $48M |
| Diluted EPS | $2.13 | $2.03 | $1.62 | $1.29 | $0.84 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.5 | · | 0.7 | 0.2 | 0.2 |
| Current Ratio | 4.3 | · | 5.4 | 2.4 | 2.0 |
| Quick Ratio | 2.7 | · | 3.8 | 1.0 | 0.9 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $216M | · | $111M | $69M | $119M |
Institutional owners (13F) 432 filers · $5.0B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
432
Value held
$5.0B
New positions
66
Exited positions
54
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 66 (-7 vs prior Q) | 54 (+8 vs prior Q) | 179 (+21 vs prior Q) | 124 (+4 vs prior Q) | +3.2M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| BlackRock, Inc. | $656,271,332 | 9,464,542 | 13.16% | Shares |
| VANGUARD GROUP INC | $580,139,066 | 6,582,018 | 11.63% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $240,875,580 | 3,473,833 | 4.83% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $179,622,080 | 2,590,454 | 3.60% | Shares |
| STATE STREET CORP | $171,602,462 | 2,474,512 | 3.44% | Shares |
| Conestoga Capital Advisors, LLC | $137,278,639 | 1,979,790 | 2.75% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $112,761,894 | 1,625,950 | 2.26% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $111,845,541 | 1,613,002 | 2.24% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $101,159,013 | 1,458,823 | 2.03% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $88,696,000 | 1,279,152 | 1.78% | Shares |
| CONGRESS ASSET MANAGEMENT CO | $82,121,928 | 1,184,337 | 1.65% | Shares |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $78,894,359 | 1,137,790 | 1.58% | Shares |
| Greenhouse Funds LLLP | $74,339,275 | 1,072,098 | 1.49% | Shares |
| CITIGROUP INC | $70,899,942 | 1,022,497 | 1.42% | Shares |
| FMR LLC | $70,228,249 | 1,012,810 | 1.41% | Shares |
| WESTWOOD HOLDINGS GROUP INC | $70,128,880 | 1,011,377 | 1.41% | Shares |
| MORGAN STANLEY | $69,817,910 | 1,006,891 | 1.40% | Shares |
| NEUBERGER BERMAN GROUP LLC | $69,490,329 | 1,002,168 | 1.39% | Shares |
| MAVERICK CAPITAL LTD | $67,857,303 | 978,617 | 1.36% | Shares |
| CITADEL ADVISORS LLC | $63,089,900 | 909,863 | 1.27% | Shares |
| UBS Group AG | $59,693,419 | 860,880 | 1.20% | Call option |
| ROYAL BANK OF CANADA | $57,340,000 | 826,944 | 1.15% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $51,584,592 | 743,937 | 1.03% | Shares |
| NORGES BANK | $49,311,834 | 711,160 | 0.99% | Shares |
| NORTHERN TRUST CORP | $49,180,575 | 709,267 | 0.99% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $47,095,381 | 679,195 | 0.94% | Shares |
| JPMORGAN CHASE & CO | $45,333,441 | 644,037 | 0.91% | Shares |
| Nuveen, LLC | $41,243,018 | 594,794 | 0.83% | Shares |
| Irenic Capital Management LP | $37,623,121 | 542,589 | 0.75% | Shares |
| Aberdeen Group plc | $37,318,510 | 538,196 | 0.75% | Shares |
| BANK OF AMERICA CORP /DE/ | $37,056,114 | 534,412 | 0.74% | Shares |
| WELLS FARGO & COMPANY/MN | $36,299,629 | 523,502 | 0.73% | Shares |
| GOLDMAN SACHS GROUP INC | $35,240,182 | 508,223 | 0.71% | Shares |
| UBS Group AG | $34,364,766 | 495,598 | 0.69% | Shares |
| Iron Triangle Partners LP | $33,992,072 | 385,660 | 0.68% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $33,590,723 | 484,435 | 0.67% | Shares |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | $33,016,102 | 476,148 | 0.66% | Shares |
| OBERWEIS ASSET MANAGEMENT INC/ | $32,826,180 | 473,409 | 0.66% | Shares |
| Boston Trust Walden Corp | $32,787,835 | 472,856 | 0.66% | Shares |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $32,488,564 | 468,540 | 0.65% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $32,187,698 | 464,201 | 0.65% | Shares |
| NOMURA HOLDINGS INC | $30,560,634 | 440,736 | 0.61% | Shares |
| TWO SIGMA INVESTMENTS, LP | $30,141,197 | 434,687 | 0.60% | Shares |
| Bank of New York Mellon Corp | $28,469,500 | 410,578 | 0.57% | Shares |
| Champlain Investment Partners, LLC | $28,007,951 | 403,922 | 0.56% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $27,570,485 | 397,613 | 0.55% | Shares |
| TWO SIGMA ADVISERS, LP | $27,332,214 | 310,100 | 0.55% | Shares |
| COMERICA BANK | $25,303,949 | 287,088 | 0.51% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $24,312,476 | 350,627 | 0.49% | Shares |
| MARSHALL WACE, LLP | $24,214,638 | 349,216 | 0.49% | Shares |
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| STARBOARD VALUE LP, STARBOARD VALUE AND OPPORTUNITY MASTER FUND LTD, STARBOARD VALUE AND OPPORTUNITY S LLC, STARBOARD VALUE AND OPPORTUNITY C LP, STARBOARD VALUE R LP, STARBOARD VALUE R GP LLC, STARBOARD VALUE AND OPPORTUNITY MASTER FUND L LP, STARBOARD VALUE L LP, STARBOARD X MASTER FUND LTD, STARBOARD VALUE GP LLC, STARBOARD PRINCIPAL CO LP, STARBOARD PRINCIPAL CO GP LLC, JEFFREY C. SMITH, PETER A. FELD ×5 filings | Oct. 18, 2021 | · | Initial filing | · | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Aug. 15, 2001 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 40 insiders · 17 officers · 23 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Martha Goldberg Aronson | President and CEO | May 6, 2026 P | 49,792 | 1 | 0 | $120,880 |
| Raul Parra Jr. | CFO AND TREASURER | May 6, 2026 P | 58,843 | 1 | 0 | $91,515 |
| Bernard Birkett | Chief Financial Officer | March 2, 2018 A | 1,075 | 0 | 0 | $0 |
| Justin J. Lampropoulos | PRESIDENT, EMEA | March 19, 2021 A | 2,343 | 0 | 0 | $0 |
| Neil Peterson | CHIEF OPERATING OFFICER | Aug. 24, 2026 S | 18,051 | 0 | 3 | $-2,951,540 |
| Ronald Frost | CHIEF OPERATING OFFICER | Aug. 10, 2022 M | 15,144 | 0 | 0 | $0 |
| Leigh B Weintraub | COO | Nov. 28, 2006 M | 0 | 0 | 0 | $0 |
| Sheri Lewis | EVP of Global Operations | Sept. 4, 2026 A | 8,371 | 0 | 0 | $0 |
| Michel J. Voigt | CHIEF HUMAN RESOURCES OFFICER | Aug. 24, 2026 G | 45,412 | 1 | 0 | $136,462 |
| Brian G. Lloyd | CHIEF LEGAL OFFICER, SECRETARY | June 5, 2026 G | 60,132 | 1 | 0 | $125,240 |
| Christian Adam Smith | Chief Commercial Officer | May 11, 2026 P | 2,220 | 1 | 0 | $99,186 |
| Fred P Lampropoulos | Executive Chairman | Nov. 25, 2025 S | 1,019,955 | 0 | 4 | $-5,189,900 |
| Joseph Wright | CHIEF COMMERCIAL OFFICER | March 7, 2024 M | 42,223 | 0 | 0 | $0 |
| Rashelle Perry | Chief Legal Officer | Nov. 30, 2015 M | 9,435 | 0 | 0 | $0 |
| Greg L Barnett | Chief Accounting Officer | July 30, 2015 M | 1,000 | 0 | 0 | $0 |
| Martin R Stephens | Executive V.P. of Sales | Feb. 13, 2015 A | 0 | 0 | 0 | $0 |
| Brian L Ferrand | Director of Sales | June 10, 2004 A | 13,870 | 0 | 0 | $0 |
| Thomas James Gunderson | Director | May 20, 2026 M | 60,741 | 0 | 0 | $0 |
| Silvia Perez | Director | May 18, 2026 A | 8,040 | 0 | 0 | $0 |
| Stephen C. Evans | Director | May 18, 2026 A | 10,266 | 0 | 0 | $0 |
| Lynne Ward | Director | May 18, 2026 A | 11,266 | 0 | 1 | $-313,050 |
| Laura S. Kaiser | Director | May 18, 2026 A | 13,352 | 0 | 0 | $0 |
| Ann F. Millner | Director | May 18, 2026 A | 38,000 | 0 | 0 | $0 |
| Lonny J Carpenter | Director | May 18, 2026 A | 20,824 | 0 | 0 | $0 |
| Scott R. Ward | Director | May 18, 2026 A | 3,457 | 0 | 0 | $0 |
| Michael R. Mcdonnell | Director | May 18, 2026 A | 9,852 | 0 | 0 | $0 |
| David Floyd | Director | May 30, 2025 S | 4,880 | 0 | 0 | $0 |
| Scott A Anderson | Director | Aug. 14, 2023 G | 46,397 | 0 | 0 | $0 |
| James T. Hogan | Director | May 24, 2022 A | 10,152 | 0 | 0 | $0 |
| Jill Anderson | Director | Sept. 10, 2021 S | 6,252 | 0 | 0 | $0 |
| David Ming-Teh Liu | Director | June 1, 2020 M | 0 | 0 | 0 | $0 |
| Nolan E. Karras | Director | May 28, 2020 M | 10,500 | 0 | 0 | $0 |
| Franklin J Miller | Director | March 12, 2020 M | 32,566 | 0 | 0 | $0 |
| Michael E Stillabower | Director | Aug. 2, 2019 M | 107,868 | 0 | 0 | $0 |
| Kent W Stanger | Director | May 31, 2019 A | 415,087 | 0 | 0 | $0 |
| Elizabeth Huebner | Director | Jan. 7, 2019 A | · | 0 | 0 | $0 |
| Rex C Bean | Director | May 22, 2013 A | 0 | 0 | 0 | $0 |
| James J Ellis | Director | Aug. 11, 2011 A | 4,251 | 0 | 0 | $0 |
| Richard W Edelman | · | Aug. 1, 2017 M | 6,000 | 0 | 0 | $0 |
| Arlin D Nelson | · | July 31, 2013 A | 5,146 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 59 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PSCH · Invesco Exchange-Traded Fund Trust … | 2.81% | 56,774 SH | Oct. 2, 2026 | Daily |
| RSMC · Tidal Trust III | 1.69% | 151,442 NS | July 31, 2026 | N-PORT |
| CAFG · Pacer Funds Trust | 0.58% | 2,059 NS | July 31, 2026 | N-PORT |
| QQQS · Invesco Exchange-Traded Fund Trust … | 0.50% | 1,317 SH | Oct. 2, 2026 | Daily |
| QVMS · Invesco Exchange-Traded Fund Trust … | 0.34% | 9,361 SH | Oct. 2, 2026 | Daily |
| VIOG · VANGUARD ADMIRAL FUNDS | 0.28% | 44,733 SH | Aug. 19, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.24% | 47,406 SH | Aug. 19, 2026 | Daily |
| JPSE · J.P. Morgan Exchange-Traded Fund Tr… | 0.23% | 16,316 NS | July 31, 2026 | N-PORT |
| VIOO · VANGUARD ADMIRAL FUNDS | 0.22% | 208,725 SH | Aug. 19, 2026 | Daily |
| BKSE · BNY Mellon ETF Trust | 0.22% | 2,237 NS | July 31, 2026 | N-PORT |
| BBSC · J.P. Morgan Exchange-Traded Fund Tr… | 0.20% | 16,093 NS | July 31, 2026 | N-PORT |
| FNY · First Trust Exchange-Traded AlphaDE… | 0.19% | 13,237 NS | July 31, 2026 | N-PORT |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.19% | 58,970 SH | Oct. 2, 2026 | Daily |
| ESML · iShares Trust | 0.17% | 55,036 SH | Sept. 11, 2026 | Daily |
| IWM · iShares Trust | 0.17% | 1,530,169 SH | Sept. 11, 2026 | Daily |
| ISCG · iShares Trust | 0.17% | 18,763 SH | Sept. 11, 2026 | Daily |
| RSSL · Global X Funds | 0.16% | 28,650 NS | July 31, 2026 | N-PORT |
| VIOV · VANGUARD ADMIRAL FUNDS | 0.16% | 46,836 SH | Aug. 19, 2026 | Daily |
| FSMD · FIDELITY COVINGTON TRUST | 0.14% | 42,566 NS | July 31, 2026 | N-PORT |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.13% | 344,226 SH | Aug. 19, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.11% | 198,844 NS | July 31, 2026 | N-PORT |
| VBK · VANGUARD INDEX FUNDS | 0.11% | 750,481 SH | Aug. 19, 2026 | Daily |
| RWJ · Invesco Exchange-Traded Fund Trust … | 0.10% | 23,002 SH | Oct. 2, 2026 | Daily |
| EBIT · Harbor ETF Trust | 0.09% | 128 NS | July 31, 2026 | N-PORT |
| FHLC · FIDELITY COVINGTON TRUST | 0.07% | 28,267 NS | July 31, 2026 | N-PORT |
| DFAT · Dimensional ETF Trust | 0.07% | 114,374 NS | July 31, 2026 | N-PORT |
| VHT · VANGUARD WORLD FUND | 0.06% | 179,431 SH | Aug. 19, 2026 | Daily |
| RILA · Spinnaker ETF Series | 0.06% | 274 NS | July 31, 2026 | N-PORT |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.06% | 3,974 NS | July 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.05% | 684,697 SH | Aug. 19, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.05% | 1,300,261 SH | Aug. 19, 2026 | Daily |
| WSML · iShares Trust | 0.05% | 3,603 SH | Sept. 11, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.05% | 2,978 NS | July 31, 2026 | N-PORT |
| SMDX · Tidal Trust III | 0.04% | 641 NS | July 31, 2026 | N-PORT |
| IWO · iShares Trust | 0.03% | 53,021 SH | Sept. 11, 2026 | Daily |
| DFUV · Dimensional ETF Trust | 0.03% | 46,087 NS | July 31, 2026 | N-PORT |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.02% | 705 SH | Oct. 2, 2026 | Daily |
| DFSV · Dimensional ETF Trust | 0.02% | 19,861 NS | July 31, 2026 | N-PORT |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.02% | 5,877 SH | Aug. 19, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.02% | 5,119 NS | July 31, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.02% | 97,860 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.01% | 1,802,894 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.01% | 4,952 SH | Aug. 19, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.01% | 13,252 SH | Aug. 19, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.01% | 10,500 NS | July 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.01% | 77,615 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.01% | 15,969 SH | Sept. 10, 2026 | Daily |
| DCOR · Dimensional ETF Trust | 0.01% | 2,524 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.01% | 12,562 NS | July 31, 2026 | N-PORT |
| TILT · FlexShares Trust | 0.00% | 1,106 NS | July 31, 2026 | N-PORT |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.00% | 43,777 SH | Aug. 19, 2026 | Daily |
| IJR · iShares Trust | · | 3,640,541 SH | Sept. 10, 2026 | Daily |
| IJT · iShares Trust | · | 355,553 SH | Sept. 9, 2026 | Daily |
| IJS · iShares Trust | · | 196,617 SH | Sept. 8, 2026 | Daily |
| IWN · iShares Trust | · | 508,066 SH | Sept. 11, 2026 | Daily |
| XJR · iShares Trust | · | 8,250 SH | Aug. 31, 2026 | Daily |
| ISCB · iShares Trust | · | 2,653 SH | Sept. 11, 2026 | Daily |
| SMLF · iShares Trust | · | 49,362 SH | Sept. 11, 2026 | Daily |
| SMMV · iShares Trust | · | 19,165 SH | Aug. 19, 2026 | Daily |
MMSI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 17 analysts
BUY
Median target
$100.00
+17.1%
6 35.3%
Strong Buy
8 47.1%
Buy
3 17.6%
Hold
0 0.0%
Sell
0 0.0%
Strong Sell
12-Month Price Target
11 analysts · 2026-09-28Mean target $101.45 +18.8%
Now
Current price $85.37
Low$83.00
Mean$101.45
High$123.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| MMSI | $5.24B | 41.4 | 11.8% | 8.5% | 8.4% | 48.7% |
| SOLV | $13.75B | 8.9 | 0.86% | 18.7% | 35.8% | 53.5% |
| COO | $13.70B | 37.4 | 5.1% | 9.2% | 4.6% | 65.5% |
| ALGN | $11.14B | 27.6 | 0.90% | 10.2% | 10.3% | 67.2% |
| LNTH | $4.30B | 19.5 | 0.50% | 15.2% | 20.7% | 61.1% |
| MMED | $3.71B | -10.2 | 14.2% | -10.7% | -9.3% | 54.2% |
| HAE | $2.45B | 26.4 | -2.0% | 7.3% | 11.8% | 59.0% |
| QDEL | $1.99B | -1.8 | -1.9% | -41.4% | -48.0% | · |
| ICUI | $3.52B | 4755.7 | -6.3% | 0.03% | 0.03% | 36.8% |
| XRAY | $2.28B | -3.8 | -3.0% | -16.2% | -36.4% | 50.0% |
| NEOG | $1.95B | -224.2 | -2.7% | -0.91% | -0.38% | 46.9% |
Latest News Recent headlines mentioning this company
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
No open signal right now — no card is filled, and that's honest.
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Source: SEC 10-Q filed Jul 30, 2026