Merck & Co. Ratios and Metrics

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

Millions PEN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 17, 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	1,010,821	878,923	949,116	1,025,889	1,071,508	772,747
Market Cap Growth	7.90%	-7.40%	-7.48%	-4.26%	38.66%	3.28%
Enterprise Value	1,088,540	957,030	1,038,111	1,122,989	1,144,780	838,482
Last Close Price	405.25	359.97	373.75	351.88	375.61	270.36
PE Ratio	16.46	14.31	14.70	756.88	19.38	14.84
PS Ratio	4.62	4.02	3.92	4.60	4.75	3.98
PB Ratio	5.79	5.03	5.43	7.34	6.11	5.06
P/TBV Ratio	20.10	17.48	30.41	-	62.26	-
P/FCF Ratio	-	-	13.91	30.22	19.13	20.04
P/OCF Ratio	-	-	11.72	21.24	14.73	13.72
EV/Sales Ratio	5.00	4.38	4.29	5.03	5.07	4.31
EV/EBITDA Ratio	11.29	9.88	9.45	15.35	12.38	12.35
EV/EBIT Ratio	13.27	11.61	11.06	18.93	14.67	15.12
EV/FCF Ratio	-	-	15.21	33.08	20.43	21.74
Debt / Equity Ratio	0.80	0.80	0.83	0.96	0.69	0.91
Debt / EBITDA Ratio	1.44	1.44	1.30	1.81	1.30	1.99
Debt / FCF Ratio	-	-	2.12	3.97	2.17	3.59
Net Debt / Equity Ratio	0.45	0.45	0.53	0.78	0.41	0.69
Net Debt / EBITDA Ratio	0.80	0.80	0.84	1.48	0.77	1.56
Net Debt / FCF Ratio	-	-	1.36	3.19	1.28	2.75
Asset Turnover	-	-	0.57	0.56	0.55	0.49
Inventory Turnover	-	-	2.36	2.59	2.90	2.34
Quick Ratio	-	-	0.87	0.71	0.98	0.79
Current Ratio	-	-	1.37	1.25	1.47	1.27
Return on Equity (ROE)	37.17%	37.17%	40.79%	0.90%	34.46%	38.82%
Return on Assets (ROA)	-	-	13.90%	9.25%	11.92%	8.80%
Return on Invested Capital (ROIC)	28.30%	29.09%	31.05%	4.84%	27.92%	21.41%
Return on Capital Employed (ROCE)	-	-	28.10%	19.70%	24.10%	17.00%
Earnings Yield	6.08%	6.99%	6.80%	0.13%	5.16%	6.74%
FCF Yield	-	-	7.19%	3.31%	5.23%	4.99%
Dividend Yield	9.56%	3.03%	3.11%	3.08%	2.80%	3.84%
Payout Ratio	-	-	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	10.90%	4.37%	3.34%	2.89%	2.64%	3.96%

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