Heartflow (HTFL) vs Merit Medical Systems (MMSI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Heartflow (HTFL) has outperformed Merit Medical Systems (MMSI) over the past year, gaining 41.1% versus a gain of 2.9%. Merit Medical Systems is the larger company by market cap ($5.08 billion vs $4.29 billion), about 1.2 times the size, while Heartflow is growing revenue faster (+39.9% vs +11.8%). Merit Medical Systems converts more of its revenue into profit, with a net margin of 8.5% versus -66.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HTFL | MMSI |
|---|---|---|
| Share price | $49.36 | $85.09 |
| Market cap | $4.29B | $5.08B |
| 1-day change | -2.62% | +0.15% |
| YTD return | +69.33% | -3.46% |
| 1-year return | +41.07% | +2.89% |
| 5-year return | — | +22.27% |
| P/E ratio (TTM) | — | 35.02 |
| Forward P/E | — | 18.45 |
| EPS (TTM) | $-0.24 | $2.43 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $176.03M | $1.52B |
| Revenue growth (YoY) | +39.92% | +11.75% |
| Net income (latest FY) | $-116.79M | $128.49M |
| Gross margin | 76.80% | 48.70% |
| Operating margin | -36.39% | 12.19% |
| Net margin | -66.35% | 8.48% |
| 52-week high | $54.32 | $94.75 |
| 52-week low | $20.13 | $59.74 |
| Distance from 52-week high | -9.13% | -10.20% |
| Analyst consensus | none | buy |
| Avg. price target upside | -6.81% | +19.23% |
| Average volume | 1.79M | 795.56K |
| Shares outstanding | 86.95M | 59.71M |
| Employees | 843 | 7,500 |
| Sector | Health Care | Health Care |
| Industry | Medical/Dental Instruments | Medical/Dental Instruments |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- HTFL has outperformed MMSI by 38.2 percentage points over the past year.
- Merit Medical Systems is more profitable, keeping 8.5 cents of every revenue dollar as net income versus -66.3 cents for Heartflow.
- Heartflow grew revenue faster in its latest fiscal year (+39.92% vs +11.75%).
About Heartflow
HTFL stock →HeartFlow, Inc., a medical technology company, provides non-invasive solutions for diagnosing and managing coronary artery diseases the United States and worldwide. Its HeartFlow Platform uses AI and computational fluid dynamics to creates a personalized 3D model of a patient's heart from a single coronary computed tomography angiography, a specialized type of scan that provides detailed images of the heart's arteries.
Health Care · Medical/Dental Instruments · 843 employees
About Merit Medical Systems
MMSI stock →Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures in the United States, China, Japan, Germany, France, the United Kingdom, and internationally.
Health Care · Medical/Dental Instruments · 7,500 employees
HTFL vs MMSI FAQ
Which is bigger, Heartflow or Merit Medical Systems?
Merit Medical Systems (MMSI) is larger, with a market capitalization of $5.08B compared with $4.29B for Heartflow (HTFL).
Which stock has performed better over the past year, HTFL or MMSI?
HTFL returned +41.07% over the past 12 months, compared with +2.89% for MMSI (price return, excluding dividends). Past performance does not predict future results.
Are Heartflow and Merit Medical Systems in the same industry?
Yes. Both are classified in the Medical/Dental Instruments industry within the Health Care sector.