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Side-by-side financial comparison of MERIT MEDICAL SYSTEMS INC (MMSI) and OUTFRONT Media Inc. (OUT). Click either name above to swap in a different company.

OUTFRONT Media Inc. is the larger business by last-quarter revenue ($513.3M vs $393.9M, roughly 1.3× MERIT MEDICAL SYSTEMS INC). OUTFRONT Media Inc. runs the higher net margin — 18.9% vs 9.6%, a 9.2% gap on every dollar of revenue. On growth, MERIT MEDICAL SYSTEMS INC posted the faster year-over-year revenue change (10.9% vs 4.1%). OUTFRONT Media Inc. produced more free cash flow last quarter ($93.3M vs $74.0M). Over the past eight quarters, OUTFRONT Media Inc.'s revenue compounded faster (12.1% CAGR vs 8.0%).

Merit Medical Systems Inc. is a global medical device firm that designs, manufactures, and markets a broad portfolio of interventional and diagnostic products used across cardiology, radiology, oncology, endoscopy, and critical care segments. It primarily serves hospitals, clinics, and healthcare providers worldwide, focusing on minimally invasive solutions that enhance patient outcomes and streamline clinical workflows.

Outfront Media, Inc. is an American advertising company. It operates in the United States. The Americas division is led by chief executive officer Nick Brien. Outfront Media has both billboards and transit displays.

MMSI vs OUT — Head-to-Head

Bigger by revenue
OUT
OUT
1.3× larger
OUT
$513.3M
$393.9M
MMSI
Growing faster (revenue YoY)
MMSI
MMSI
+6.8% gap
MMSI
10.9%
4.1%
OUT
Higher net margin
OUT
OUT
9.2% more per $
OUT
18.9%
9.6%
MMSI
More free cash flow
OUT
OUT
$19.3M more FCF
OUT
$93.3M
$74.0M
MMSI
Faster 2-yr revenue CAGR
OUT
OUT
Annualised
OUT
12.1%
8.0%
MMSI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MMSI
MMSI
OUT
OUT
Revenue
$393.9M
$513.3M
Net Profit
$38.0M
$96.8M
Gross Margin
49.6%
Operating Margin
13.8%
26.0%
Net Margin
9.6%
18.9%
Revenue YoY
10.9%
4.1%
Net Profit YoY
36.0%
30.8%
EPS (diluted)
$0.63
$0.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MMSI
MMSI
OUT
OUT
Q1 26
$393.9M
Q4 25
$393.9M
$513.3M
Q3 25
$384.2M
$467.5M
Q2 25
$382.5M
$460.2M
Q1 25
$355.4M
$390.7M
Q4 24
$355.2M
$493.2M
Q3 24
$339.8M
$451.9M
Q2 24
$338.0M
$477.3M
Net Profit
MMSI
MMSI
OUT
OUT
Q1 26
$38.0M
Q4 25
$38.0M
$96.8M
Q3 25
$27.8M
$51.3M
Q2 25
$32.6M
$19.5M
Q1 25
$30.1M
$-20.6M
Q4 24
$27.9M
$74.0M
Q3 24
$28.4M
$34.6M
Q2 24
$35.7M
$176.8M
Gross Margin
MMSI
MMSI
OUT
OUT
Q1 26
49.6%
Q4 25
49.6%
Q3 25
48.5%
Q2 25
48.2%
Q1 25
48.4%
Q4 24
48.7%
Q3 24
46.4%
Q2 24
47.7%
Operating Margin
MMSI
MMSI
OUT
OUT
Q1 26
13.8%
Q4 25
13.8%
26.0%
Q3 25
11.1%
19.2%
Q2 25
12.3%
12.2%
Q1 25
11.5%
3.6%
Q4 24
10.3%
22.5%
Q3 24
11.0%
15.8%
Q2 24
13.6%
48.0%
Net Margin
MMSI
MMSI
OUT
OUT
Q1 26
9.6%
Q4 25
9.6%
18.9%
Q3 25
7.2%
11.0%
Q2 25
8.5%
4.2%
Q1 25
8.5%
-5.3%
Q4 24
7.9%
15.0%
Q3 24
8.4%
7.7%
Q2 24
10.6%
37.0%
EPS (diluted)
MMSI
MMSI
OUT
OUT
Q1 26
$0.63
Q4 25
$0.64
$0.57
Q3 25
$0.46
$0.29
Q2 25
$0.54
$0.10
Q1 25
$0.49
$-0.14
Q4 24
$0.46
$0.49
Q3 24
$0.48
$0.19
Q2 24
$0.61
$1.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MMSI
MMSI
OUT
OUT
Cash + ST InvestmentsLiquidity on hand
$446.4M
$99.9M
Total DebtLower is stronger
$734.0M
Stockholders' EquityBook value
$1.6B
$710.4M
Total Assets
$2.7B
$5.3B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MMSI
MMSI
OUT
OUT
Q1 26
$446.4M
Q4 25
$446.4M
$99.9M
Q3 25
$392.5M
$63.0M
Q2 25
$341.8M
$28.5M
Q1 25
$395.5M
$30.5M
Q4 24
$376.7M
$46.9M
Q3 24
$523.1M
$28.0M
Q2 24
$636.7M
$49.6M
Total Debt
MMSI
MMSI
OUT
OUT
Q1 26
$734.0M
Q4 25
$734.0M
Q3 25
$732.9M
Q2 25
$731.8M
Q1 25
$730.7M
Q4 24
$729.6M
Q3 24
$750.5M
Q2 24
$801.3M
Stockholders' Equity
MMSI
MMSI
OUT
OUT
Q1 26
$1.6B
Q4 25
$1.6B
$710.4M
Q3 25
$1.5B
$542.6M
Q2 25
$1.5B
$539.1M
Q1 25
$1.4B
$566.9M
Q4 24
$1.4B
$649.0M
Q3 24
$1.3B
$618.2M
Q2 24
$1.3B
$664.9M
Total Assets
MMSI
MMSI
OUT
OUT
Q1 26
$2.7B
Q4 25
$2.7B
$5.3B
Q3 25
$2.6B
$5.2B
Q2 25
$2.6B
$5.1B
Q1 25
$2.5B
$5.1B
Q4 24
$2.4B
$5.2B
Q3 24
$2.4B
$5.2B
Q2 24
$2.4B
$5.3B
Debt / Equity
MMSI
MMSI
OUT
OUT
Q1 26
0.46×
Q4 25
0.46×
Q3 25
0.48×
Q2 25
0.49×
Q1 25
0.51×
Q4 24
0.53×
Q3 24
0.57×
Q2 24
0.62×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MMSI
MMSI
OUT
OUT
Operating Cash FlowLast quarter
$118.1M
Free Cash FlowOCF − Capex
$74.0M
$93.3M
FCF MarginFCF / Revenue
18.8%
18.2%
Capex IntensityCapex / Revenue
20.7%
4.8%
Cash ConversionOCF / Net Profit
1.22×
TTM Free Cash FlowTrailing 4 quarters
$270.2M
$218.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MMSI
MMSI
OUT
OUT
Q1 26
Q4 25
$98.5M
$118.1M
Q3 25
$75.0M
$88.8M
Q2 25
$83.3M
$67.1M
Q1 25
$40.6M
$33.6M
Q4 24
$68.7M
$124.5M
Q3 24
$47.3M
$73.1M
Q2 24
$68.5M
$71.0M
Free Cash Flow
MMSI
MMSI
OUT
OUT
Q1 26
$74.0M
Q4 25
$74.0M
$93.3M
Q3 25
$52.5M
$67.7M
Q2 25
$69.6M
$41.4M
Q1 25
$19.5M
$16.4M
Q4 24
$65.3M
$106.3M
Q3 24
$38.0M
$55.5M
Q2 24
$57.9M
$47.1M
FCF Margin
MMSI
MMSI
OUT
OUT
Q1 26
18.8%
Q4 25
18.8%
18.2%
Q3 25
13.7%
14.5%
Q2 25
18.2%
9.0%
Q1 25
5.5%
4.2%
Q4 24
18.4%
21.6%
Q3 24
11.2%
12.3%
Q2 24
17.1%
9.9%
Capex Intensity
MMSI
MMSI
OUT
OUT
Q1 26
20.7%
Q4 25
6.2%
4.8%
Q3 25
5.8%
4.5%
Q2 25
3.6%
5.6%
Q1 25
5.9%
4.4%
Q4 24
1.0%
3.7%
Q3 24
2.8%
3.9%
Q2 24
3.1%
5.0%
Cash Conversion
MMSI
MMSI
OUT
OUT
Q1 26
Q4 25
2.59×
1.22×
Q3 25
2.70×
1.73×
Q2 25
2.56×
3.44×
Q1 25
1.35×
Q4 24
2.46×
1.68×
Q3 24
1.66×
2.11×
Q2 24
1.92×
0.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MMSI
MMSI

Segment breakdown not available.

OUT
OUT

Static Displays$236.3M46%
Other$134.8M26%
Digital Displays$125.3M24%
Other Revenues$1.9M0%

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