Merck & Co., Inc. (MRK)

Merck & Co. Ratios and Metrics

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

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 9, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	292,010	261,258	251,648	276,259	281,302	193,588
Market Cap Growth	19.46%	3.82%	-8.91%	-1.79%	45.31%	-6.46%
Enterprise Value	315,170	284,475	275,244	302,407	300,538	210,056
Last Close Price	117.65	105.26	95.88	102.28	101.26	67.77
PE Ratio	16.16	14.31	14.70	756.88	19.38	14.84
Forward PE	22.87	12.18	11.05	17.47	15.45	10.97
PS Ratio	4.54	4.02	3.92	4.60	4.75	3.98
PB Ratio	5.64	5.03	5.43	7.34	6.11	5.06
P/TBV Ratio	19.53	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
PEG Ratio	2.46	1.26	0.27	1.21	1.50	0.97
EV/Sales Ratio	4.85	4.38	4.29	5.03	5.07	4.31
EV/EBITDA Ratio	10.94	9.88	9.45	15.35	12.38	12.35
EV/EBIT Ratio	12.86	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
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	6.25%	6.99%	6.80%	0.13%	5.16%	6.74%
FCF Yield	-	-	7.19%	3.31%	5.23%	4.99%
Dividend Yield	2.89%	3.08%	3.21%	2.85%	2.73%	3.84%
Payout Ratio	45.60%	-	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	4.23%	4.42%	3.45%	2.66%	2.57%	3.96%

Updated Feb 3, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q