Merck & Co. Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	257,008	222,513	243,067	249,932	263,214	170,222
Market Cap Growth	25.69%	-8.46%	-2.75%	-5.05%	54.63%	0.61%
Enterprise Value	287,853	242,287	265,858	273,588	281,214	184,703
Last Close Price	103.00	90.40	92.88	93.24	95.50	60.94
PE Ratio	16.53	14.31	14.70	756.88	19.38	14.84
PS Ratio	4.64	4.02	3.92	4.60	4.75	3.98
PB Ratio	5.73	4.96	5.43	7.34	6.11	5.06
P/TBV Ratio	69.43	60.12	30.41	-	62.26	-
P/FCF Ratio	24.41	21.14	13.91	30.22	19.13	20.04
P/OCF Ratio	18.32	15.86	11.72	21.24	14.73	13.72
EV/Sales Ratio	5.17	4.38	4.29	5.03	5.07	4.31
EV/EBITDA Ratio	11.39	9.77	9.45	15.35	12.38	12.35
EV/EBIT Ratio	13.74	11.63	11.06	18.93	14.67	15.12
EV/FCF Ratio	27.34	23.02	15.21	33.08	20.43	21.74
Debt / Equity Ratio	0.96	0.96	0.83	0.96	0.69	0.91
Debt / EBITDA Ratio	1.71	1.71	1.30	1.81	1.30	1.99
Debt / FCF Ratio	4.09	4.09	2.12	3.97	2.17	3.59
Net Debt / Equity Ratio	0.68	0.68	0.53	0.78	0.41	0.69
Net Debt / EBITDA Ratio	1.24	1.24	0.84	1.48	0.77	1.56
Net Debt / FCF Ratio	2.91	2.91	1.36	3.19	1.28	2.75
Asset Turnover	0.51	0.51	0.57	0.56	0.55	0.49
Inventory Turnover	2.32	2.32	2.36	2.59	2.90	2.34
Quick Ratio	0.96	0.96	0.87	0.71	0.98	0.79
Current Ratio	1.54	1.54	1.37	1.25	1.47	1.27
Return on Equity (ROE)	36.88%	36.88%	40.79%	0.90%	34.46%	38.82%
Return on Assets (ROA)	12.04%	12.04%	13.90%	9.25%	11.92%	8.80%
Return on Invested Capital (ROIC)	25.91%	26.58%	31.05%	4.84%	27.92%	21.41%
Return on Capital Employed (ROCE)	22.50%	22.50%	28.10%	19.70%	24.10%	17.00%
Earnings Yield	6.05%	6.99%	6.80%	0.13%	5.16%	6.74%
FCF Yield	4.10%	4.73%	7.19%	3.31%	5.23%	4.99%
Dividend Yield	2.08%	3.05%	3.20%	2.83%	2.70%	3.75%
Payout Ratio	34.81%	44.79%	45.80%	2039.73%	48.30%	50.65%
Buyback Yield / Dilution	1.34%	1.34%	0.24%	-0.20%	-0.16%	0.12%
Total Shareholder Return	3.44%	4.39%	3.44%	2.64%	2.55%	3.87%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.