On this page of Benford's Law Stocks.com we present our study of MERIT MEDICAL SYSTEMS INC — ticker symbol MMSI. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 8/6/2020 to 4/24/2025 for MERIT MEDICAL SYSTEMS INC under CIK number 0000856982. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for MMSI, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for MERIT MEDICAL SYSTEMS INC based on the past MMSI filings our system processed in the past.
29.0
15.1
16.3
9.1
9.3
6.6
7.5
3.7
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, MMSI stockholder letter ]
Total numbers found: 707
Recent share count: 59,067,132 (5's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
707
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 7 numbers to move any given column by a full percentage point.
75

Starting from a possible score of 100, we made the following score deductions:
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 3's percentage was above the company's typical historical range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 5, we canceled the penalty multiplier.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
MMSI
Normal score compared to other filers, falling within the middle 50%.
ILMN
LNW
OLMA
PANW
LKQ
MAR
MYPS
ORIC
Check our work! We provide our MERIT MEDICAL SYSTEMS INC Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the MMSI filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 205 numbers that start with the digit 1. Here they are:
10,708
199,550
190,243
17,116
16,588
193,561
192,296
16,100
16,044
1,119,014
1,108,664
118,679
134,077
10,331
196,823
18,617
19,197
1,476
1,502
12,047
15,451
1,039,550
1,039,244
100,000
15,376
19,401
1,428,423
1,379,359
183,331
171,793
172,020
151,715
107,486
1,023
117
130,987
115,793
1,574
12
1,122
19,401
1,379,359
14,610
14,610
130
18
1,882
1,882
15,376
1,428,423
11,334
1,202,000
1,122
1,122
1,592
1,592
12,456
1,240,190
1,023
117
1,414
1,477
10,599
176
14,148
1,918
1,061
10,425
11,682
1,000
13,152
1,592
18,003
1,319
18,828
12,361
18
1,882
137,279
130,066
18,714
19,269
197,812
140,901
176,545
136,829
15,752
16,638
10,134
141,787
186,094
137,414
126,100
11,100
197
197
105
16,997
108,275
105,029
1
1
1
163,368
168,437
118,406
110,512
16,997
16,997
13,278
18,885
11,580
152,614
12,824
18,665
11,557
151,842
14.6
17.8
16,827
17,949
150
11.5171
1,000
1,000
10
130
100
130
114.68
179.9
117.5
100.6
1,064
1,533
1,332
1,839
1,288
1,897
1,021
183,331
171,793
1.1
158
1,018
1,363
1,216
1,283
1,682
1,867
1,724
1,193
1.7
1.6
109,515
134,553
16,638
10,134
138,440
133,066
100,974
1,023
117
1,574
10,034
10,034
1,023
117
105
1.6
1
1
1,876
14.0
16.0
14.7
12.0
100.0
14.0
16.0
14.6
13.0
1,181
1,016.6
13.5
1.6
1.4
1,366
1,634
1,388
19,401
1,897
1,021
1,021
1,823
16,318
15,376
1,662
12,996
11,334
1,110
12
1,122
16,388
12,456
We found 107 numbers that start with the digit 2. Here they are:
25,007
28,544
2,335
27,058
25,846
2,467,973
2,418,603
216,402
247
240
2,118
2,118
2,467,973
2,418,603
22,478
21,482
297
28,240
28,240
2,386
2,972
27,118
281
28,240
28,240
213
21
28,240
29,292
23,599
202
2,984
26
26
284
2,041
2,143
2,947
20,747
2,931
2,854
21,061
29,635
22,051
24,063
2,066
2,066
282
207
2,393
2,066
24,871
29,228
29,254
213,564
210
210,197
210,000
2,568
258
2,752
27,114
237
2,250
25,170
22,457
20,799
2,994
256
2,432
24,177
23,436
21,710
20.0
20.6
2.9
2,120
287
2,595
28,240
282
290,120
28.0
250
2,744
21,954
20,916
2,495
26,970
23,388
2,322
211
29,292
23,599
2,837
2,837
2,907
2,907
2.8
2,463
2,217
25.9
22.8
268
2,765
22,166
2,270
We found 115 numbers that start with the digit 3. Here they are:
395,529
376,715
317,936
306,063
3,417
3,286
345,272
340,864
361,409
351,605
390,324
386,165
395,575
377,993
3,492
355,351
323,508
35,922
3,790
3,075
37,958
34,348
30,147
30,147
3,404
34,172
30,147
30,147
336
336
30,147
35
32
3,122
382
305
3,651
3,335
36,216
3,000
378,767
397,595
395,529
397,595
3,784
3,813
35,337
37,150
338,713
313,374
355,351
323,508
3.4
3,553
3,246
3
36,162
317,936
306,063
32,163
3,250
3,013
37,195
31,489
3,250
36,223
3.0
3.0
3.00
3,771
348
355,351
323,508
30,147
346
362
362
326
343
3,581
300
364,810
31.1
38.8
3.8
31.4
338,713
355,351
313,374
323,508
3,109
37,784
35,302
316
3,128
38,538
32,907
3,015
35,922
3,075
37,958
34,348
30,330
30,330
3,486
3,486
3,486
3,447
3,225
3.1
3,957
3,404
3,392
3,932
3,500
4's 5's 6's
We found 64 numbers that start with the digit 4. Here they are:
414,348
431,766
464,360
463,511
4,950
41,033
49
49
48
4,025
4,025
4,025
4
424
424
4,934
4,934
47
4,182
4,453
40,572
457
4,020
41,399
47,942
48,523
47,028
44,609
494
446,514
463,511
447,363
464,360
47,627
47,613
427
4,166
413
427
49
49
48
436
436
4,436
4.0
4.4
4.8
4.5
4,363
41,033
4,485
4,485
4,429
4,429
4,429
4
4.0
4,025
4,514
413
413
427
427
We found 66 numbers that start with the digit 5. Here they are:
59078000
58743000
59,099,536
59,447
58,770
58,673
54,783
5,000
59,078
58,743
51
58,897
57,958
58,567
563
5,854
58,743
59,078
57,858
575,184
5
58,102
5,234
580
52
5,157
589,144
583,987
581,921
583,987
5,163
57,122
55,262
58,342
54,839
53,751
585
5.3
5.4
5,400
57,994
57,933
56,158
5.0
526
532
58,897
57,958
51
58,897
57,958
58,567
587
5,234
5.1
524
566
50.0
568
5,854
563
557
532
532
5,848
5,021
We found 47 numbers that start with the digit 6. Here they are:
62,673
61,321
63,722
64,628
66,499
65,508
65,336
63,759
68,502
695,541
6,568
6,108
61,278
6
695,541
62
6,145
6,145
638,150
649,222
603,424
6,508
6,145
6,955
6,417
6,723
65,897
6.6
6,600
64,628
66,499
62,428
69,127
67,728
6.1
697
66.5
6,568
609
61,278
628
669
6,512
6.0
6.0
6
690
7's 8's 9's
We found 53 numbers that start with the digit 7. Here they are:
751,733
737,770
71,856
730,673
729,551
77,549
718,111
703,219
725,688
7,276
7,811
702
703,219
7,885
7,885
718,111
725,688
7,394
7,394
7,560
705
765
733
7,976
7,117
7,730
78
7,759
74,804
7,459
7,100
72,800
72,797
7.8
747,500
747,500
730,673
729,551
730,673
729,551
747,500
747,500
700
724.8
75
702
7,781
7.1
7,430
7,430
702
702
702
We found 26 numbers that start with the digit 8. Here they are:
80
87,986
85,343
87,722
8,046
804
87
8,891
861
80,157
886
849
849
8.3
87,986
85,343
86.83
877
8,046
8
883
84
86.83
80
88
820
We found 24 numbers that start with the digit 9. Here they are:
9,729
958,635
923,774
9,435
94,428
9,078
936
99,741
90,176
9,549
9.2
99
9,330
9,125
98
95.7
9,078
9.0
91,300
92
92
90
9.4
942
While the above MMSI 10Q Filed 4/24/2025 is interesting in isolation, we have found that it is also useful to take a look at older MERIT MEDICAL SYSTEMS INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 4/24/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical MMSI 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

29.0
15.1
16.3
9.1
9.3
6.6
7.5
3.7
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 707

= Typical MMSI range from 8/6/2020 to 4/24/2025
28.4
14.1
16.4
9.9
9.7
8.6
5.2
4.5
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 974

= Typical MMSI range from 8/6/2020 to 4/24/2025
30.2
13.4
13.2
11.0
10.8
7.3
3.8
6.0
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 1,033

= Typical MMSI range from 8/6/2020 to 4/24/2025
33.8
13.9
11.6
9.7
9.5
7.2
5.5
5.3
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,338

= Typical MMSI range from 8/6/2020 to 4/24/2025
32.2
19.0
11.3
9.9
9.6
6.3
4.7
3.6
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 664

= Typical MMSI range from 8/6/2020 to 4/24/2025
25.4
19.0
12.9
9.8
11.7
7.4
5.4
4.2
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 963

= Typical MMSI range from 8/6/2020 to 4/24/2025
24.3
19.9
14.3
9.0
10.5
5.6
5.0
5.8
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 1,031

= Typical MMSI range from 8/6/2020 to 4/24/2025
32.9
15.5
13.0
7.3
9.2
6.8
5.8
5.6
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,347

= Typical MMSI range from 8/6/2020 to 4/24/2025
27.5
16.0
16.0
10.1
10.4
6.3
6.2
4.5
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 694

= Typical MMSI range from 8/6/2020 to 4/24/2025
29.3
15.2
15.1
10.5
11.5
6.6
4.9
2.6
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 982

= Typical MMSI range from 8/6/2020 to 4/24/2025
30.4
14.6
12.2
11.6
10.0
7.3
4.5
5.9
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 1,008

= Typical MMSI range from 8/6/2020 to 4/24/2025
30.8
13.8
12.2
10.9
10.7
5.4
6.0
4.8
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 1,352

= Typical MMSI range from 8/6/2020 to 4/24/2025
28.7
15.5
15.8
10.7
12.4
4.1
6.0
3.2
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 67
XBRL?   [ original filing ]
Total numbers found: 684

= Typical MMSI range from 8/6/2020 to 4/24/2025
25.5
20.3
11.6
9.0
13.4
6.5
5.5
4.0
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 993

= Typical MMSI range from 8/6/2020 to 4/24/2025
28.5
16.8
13.2
8.8
11.3
7.4
4.9
4.3
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,032

= Typical MMSI range from 8/6/2020 to 4/24/2025
33.7
13.8
12.0
8.5
10.2
7.2
5.9
6.0
2.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 1,340

= Typical MMSI range from 8/6/2020 to 4/24/2025
34.7
19.0
12.4
8.1
10.4
6.0
3.5
3.3
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 663

= Typical MMSI range from 8/6/2020 to 4/24/2025
27.3
19.4
11.8
10.5
10.4
7.8
4.4
3.8
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 953

= Typical MMSI range from 8/6/2020 to 4/24/2025
27.5
17.0
13.7
10.9
10.4
6.8
5.0
4.9
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 1,011

= Typical MMSI range from 8/6/2020 to 4/24/2025
27.6
15.4
13.5
11.3
9.5
6.0
5.8
4.5
6.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 1,459

= Typical MMSI range from 8/6/2020 to 4/24/2025
 

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