Merit Medical Systems Gross Margin 2010-2024 | MMSI
- Merit Medical Systems average gross margin for 2023 was 46.22%, a 2.3% increase from 2022.
- Merit Medical Systems average gross margin for 2022 was 45.18%, a 3.13% increase from 2021.
- Merit Medical Systems average gross margin for 2021 was 43.81%, a 4.06% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.