Analyst Ratings

Date	Action	Analyst	Rating	Target
May-01-26	Reiterated	Robert W. Baird		$92 → $83
Apr-20-26	Reiterated	Compass Point		$109 → $107
Apr-17-26	Reiterated	Piper Sandler	Overweight	$106 → $96
Feb-26-26	Downgrade	Wells Fargo	Overweight → Equal Weight	$106 → $78
Feb-18-26	Reiterated	Piper Sandler	Overweight	$110 → $106
Feb-06-26	Initiated	BTIG	Buy	$107
Dec-17-25	Reiterated	Canaccord Genuity	Buy	$104 → $99
Dec-16-25	Reiterated	Robert W. Baird		$103 → $108
Oct-31-25	Reiterated	Barrington		$103 → $106
Oct-31-25	Reiterated	Robert W. Baird		$102 → $103

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023
Total Revenue	1,542	1,515	1,357	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	793	778	713
Gross Profit	750	737	643
Selling, General and Administrative Excl. Other	466	455	377
Research and Development	98	97	84
Other Operating Expense	-1	1	27
Operating Income	188	184	156
Interest Expense	27	26	31
Unusual Expense	—	—	—
Non-Operating Income (Expense)	-25	-13	-4
Net Income Before Taxes	187	171	150
Income Taxes	48	42	30
Consolidated Net Income	140	128	120
Net Income From Continuing Operations	140	128	120
Net Income	140	128	120
EPS (Recurring)	2.35	2.17	2.07
EPS (Basic, Before Extraordinaries)	2.35	2.17	2.07
EPS (Diluted)	2.31	2.13	2.03
EBITDA	349	332	274
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	29.10	41.38	—
Price To Sales Ratio	2.62	3.43	—
Gross Margin	48.64	48.65	47.38
Operating Margin	12.19	12.15	11.50
Net Margin	9.08	8.45	8.84
Shares Outstanding	60	59	58
Market Capitalization	4,033	5,200	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Gunderson Thomas J.	Director	May 20 '26	Option Exercise	52.17	28,750	1,499,888	60,741	May 21 12:00 AM
Smith Christian Adam	Chief Commercial Officer	May 11 '26	Buy	61.00	1,626	99,186	2,220	May 13 12:00 AM
Lloyd Brian G.	CHIEF LEGAL OFFICER, SECRETARY	May 07 '26	Buy	62.63	2,000	125,250	2,000	May 11 12:00 AM
Ward Lynne N.	Director	May 07 '26	Sale	62.61	5,000	313,035	7,809	May 11 12:00 AM
Parra Raul Jr.	CFO AND TREASURER	May 06 '26	Buy	61.01	1,500	91,515	58,843	May 07 12:00 AM
Aronson Martha Goldberg	President and CEO	May 06 '26	Buy	60.44	2,000	120,880	49,792	May 07 12:00 AM
Voigt Michel J.	CHIEF HUMAN RESOURCES OFFICER	May 05 '26	Buy	60.65	2,250	136,463	2,265	May 07 12:00 AM
Peterson Neil W.	CHIEF OPERATING OFFICER	Jan 06 '26	Option Exercise	54.40	10,000	544,000	33,369	Jan 08 12:00 AM
Peterson Neil W.	CHIEF OPERATING OFFICER	Jan 06 '26	Sale	90.00	5,000	450,000	28,369	Jan 08 12:00 AM
Lampropoulos Fred P.	Executive Chairman	Nov 25 '25	Sale	88.04	10,000	880,377	1,019,955	Nov 26 12:00 AM
Lampropoulos Fred P.	Executive Chairman	Nov 21 '25	Sale	87.31	25,000	2,182,750	1,029,955	Nov 24 12:00 AM
Lampropoulos Fred P.	Executive Chairman	Nov 20 '25	Sale	85.13	20,000	1,702,650	1,054,955	Nov 21 12:00 AM
Lampropoulos Fred P.	Executive Chairman	Nov 18 '25	Sale	84.83	5,000	424,130	1,074,955	Nov 20 12:00 AM
Lampropoulos Fred P.	President and CEO	Aug 29 '25	Option Exercise	55.73	163,151	9,092,405	1,204,779	Sep 03 12:00 AM
Ward Lynne N.	Director	Aug 22 '25	Option Exercise	34.46	6,000	206,760	15,809	Aug 25 12:00 AM


Market Cap	3.89B	Forward P/E	15.28	EPS next Y	4.40	Insider Trans	0.06%	Shs Float	-	Perf Month	5.41%


Enterprise Value	4.22B	PEG	2.24	EPS next Q	0.96	Inst Own	-	Short Float	-	Perf Quarter	-1.62%


Income	139.72M	P/S	2.52	EPS this Y	76.23%	Inst Trans	-	Short Ratio	-	Perf Half Y	-22.60%


Sales	1.54B	P/B	2.39	EPS next Y	8.03%	ROA	5.12%	Short Interest	-	Perf YTD	-23.73%


Book/sh	27.28	P/C	13.05	EPS next 5Y	7.22%	ROE	8.95%	52W High	96.73 -30.51%	Perf Year	-27.64%


Cash/sh	8.21	P/FCF	15.08	EPS past 3/5Y	-	ROIC	5.56%	52W Low	59.74 12.52%	Perf 3Y	-


Dividend Est.	-	EV/EBITDA	12.11	Sales past 3/5Y	9.59% 9.46%	Gross Margin	48.65%	Volatility	2.51% 2.09%	Perf 5Y	-


Dividend TTM	-	EV/Sales	2.74	EPS Y/Y TTM	92.61%	Oper. Margin	12.13%	ATR (14)	2.14	Perf 10Y	-


Dividend Ex-Date	-	Quick Ratio	3.46	Sales Y/Y TTM	13.63%	Profit Margin	9.03%	RSI (14)	56.85	Recom	2.25


Dividend Gr. 3/5Y	-	Current Ratio	5.08	EPS Q/Q	9.30%	SMA20	3.91%	Beta	0.59	Target Price	94.20


Payout	0.00%	Debt/Eq	0.51	Sales Q/Q	7.91%	SMA50	2.94%	Rel Volume	1.50	Prev Close	65.24


Employees	7,400	LT Debt/Eq	0.56	Earnings	Jul 29	SMA200	-13.44%	Avg Volume	786.91K	Price	67.22


IPO Date	May 14, 1990	Option/Short	Yes / Yes	EPS/Sales Surpr.	11.90% 1.06%	Net Debt/EBITDA	0.95	Volume	1,182,111	Change	3.03%

MMSI