MiniMed Group (MMED) vs Merit Medical Systems (MMSI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
MiniMed Group is the larger company by market cap ($5.55 billion vs $5.21 billion), about 1.1 times the size. On valuation, Merit Medical Systems trades at a lower forward P/E (18.9x vs 30.9x for MiniMed Group). Merit Medical Systems converts more of its revenue into profit, with a net margin of 8.5% versus -10.7%.
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 | MMED | MMSI |
|---|---|---|
| Share price | $19.71 | $87.21 |
| Market cap | $5.55B | $5.21B |
| 1-day change | -0.45% | +2.30% |
| YTD return | — | -3.28% |
| 1-year return | — | +1.80% |
| 5-year return | — | +22.50% |
| P/E ratio (TTM) | — | 35.89 |
| Forward P/E | 30.93 | 18.91 |
| EPS (TTM) | $-1.53 | $2.43 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $3.10B | $1.52B |
| Revenue growth (YoY) | +14.25% | +11.75% |
| Net income (latest FY) | $-333.00M | $128.49M |
| Gross margin | 54.16% | 48.70% |
| Operating margin | -6.13% | 12.19% |
| Net margin | -10.74% | 8.48% |
| 52-week high | $24.43 | $94.75 |
| 52-week low | $10.65 | $59.74 |
| Distance from 52-week high | -19.32% | -7.96% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +25.27% | +16.33% |
| Average volume | 2.84M | 796.95K |
| Shares outstanding | 281.35M | 59.71M |
| Employees | 8,000 | 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
- Merit Medical Systems is more profitable, keeping 8.5 cents of every revenue dollar as net income versus -10.7 cents for MiniMed Group.
About MiniMed Group
MMED stock →MiniMed Group, Inc. operates as a medical technology company that develops, manufactures, and markets medical equipment for the management of diabetes.
Health Care · Medical/Dental Instruments · 8,000 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
MMED vs MMSI FAQ
Which is bigger, MiniMed Group or Merit Medical Systems?
MiniMed Group (MMED) is larger, with a market capitalization of $5.55B compared with $5.21B for Merit Medical Systems (MMSI).
Are MiniMed Group and Merit Medical Systems in the same industry?
Yes. Both are classified in the Medical/Dental Instruments industry within the Health Care sector.