Merck & Co. Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	Current	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	May '26 May 1, 2026	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021
Market Cap	281,369	297,404	260,479	208,763	198,149	225,843	251,449	287,537	313,913	334,190	275,999	261,008	293,024	269,960	281,573	218,177	230,953	207,453	193,716	189,677
Market Cap Growth	42.00%	31.69%	3.59%	-27.40%	-36.88%	-32.42%	-8.89%	10.16%	7.13%	23.79%	-1.98%	19.63%	26.88%	30.13%	45.35%	15.03%	17.25%	11.49%	-1.85%	-5.20%
Enterprise Value	315,609	297,404	295,309	231,980	224,996	251,524	274,930	311,133	340,413	362,850	304,015	287,148	323,606	290,390	299,139	237,413	252,563	230,389	218,795	206,171
Last Close Price	113.92	120.29	105.26	83.93	79.16	89.76	99.48	113.56	123.80	131.95	109.02	102.95	115.39	106.39	110.95	86.12	91.17	82.05	76.64	75.11
PE Ratio	30.53	33.88	14.46	11.09	12.20	13.07	14.78	23.81	22.97	146.61	778.71	57.19	94.58	20.78	19.43	14.26	13.90	14.60	14.82	28.56
Forward PE	12.69	23.47	12.18	9.16	8.83	10.00	11.05	13.31	13.97	15.35	17.47	13.33	15.71	15.24	15.45	12.51	13.15	11.23	10.97	12.56
PEG Ratio	1.55	3.04	1.26	1.01	0.97	1.34	0.27	0.32	0.37	0.33	1.21	0.62	1.67	1.56	1.50	1.20	1.18	1.16	0.97	1.17
PS Ratio	4.25	4.52	4.01	3.25	3.11	3.53	3.92	4.55	5.02	5.44	4.59	4.40	5.03	4.67	4.75	3.70	4.04	3.84	3.98	4.60
PB Ratio	5.14	-	4.95	4.03	4.04	4.67	5.43	6.46	7.20	8.28	7.34	6.33	7.57	5.76	6.12	4.91	5.34	5.07	5.07	5.30
P/TBV Ratio	-	-	4.98	4.04	4.06	4.70	5.45	6.48	7.23	8.32	7.35	6.36	7.57	5.80	6.15	4.92	5.36	5.09	5.09	5.32
P/FCF Ratio	-	-	21.07	16.00	13.46	13.25	13.90	19.38	23.88	30.27	30.19	19.82	27.06	23.97	19.15	14.31	16.04	16.72	20.74	40.53
P/OCF Ratio	-	-	15.81	12.23	10.69	10.82	11.71	15.74	18.81	22.65	21.22	15.18	19.44	17.22	14.75	11.08	12.23	12.42	14.10	20.40
EV/Sales Ratio	4.80	4.52	4.54	3.61	3.54	3.93	4.28	4.93	5.45	5.91	5.06	4.84	5.55	5.02	5.05	4.03	4.42	4.27	4.49	5.00
EV/EBITDA Ratio	15.61	24.88	10.91	8.84	9.50	10.16	11.26	17.37	17.41	44.70	48.83	24.84	33.12	14.60	13.69	10.82	11.21	12.12	13.89	34.11
EV/EBIT Ratio	20.40	24.88	13.92	10.71	11.79	12.49	13.81	22.80	22.01	85.34	129.15	37.00	53.70	18.02	16.67	13.13	13.37	14.79	17.45	56.25
EV/FCF Ratio	-	-	23.89	17.78	15.28	14.76	15.19	20.97	25.89	32.87	33.25	21.81	29.89	25.78	20.34	15.57	17.54	18.57	23.43	44.05
Debt / Equity Ratio	-	-	0.94	0.80	0.72	0.72	0.80	0.86	0.87	0.85	0.93	0.84	0.95	0.66	0.67	0.68	0.73	0.78	0.87	0.74
Debt / EBITDA Ratio	-	-	7.81	5.40	5.79	5.00	6.76	7.46	5.26	5.17	-34.91	5.16	-8.66	6.50	7.09	6.12	5.40	4.75	7.51	4.74
Debt / FCF Ratio	-	-	27.05	6.05	14.00	29.73	14.77	4.48	7.80	15.35	-47.18	5.12	13.48	92.61	9.35	6.80	9.98	8.42	8.66	7.29
Net Debt / Equity Ratio	-	-	0.66	0.45	0.55	0.53	0.51	0.53	0.61	0.71	0.74	0.63	0.79	0.44	0.38	0.43	0.50	0.56	0.66	0.46
Net Debt / EBITDA Ratio	-	-	5.50	3.02	4.38	3.68	4.26	4.60	3.68	4.32	-27.85	3.86	-7.17	4.30	4.04	3.86	3.67	3.42	5.67	2.95
Net Debt / FCF Ratio	-	-	19.07	3.39	10.59	21.86	9.32	2.77	5.46	12.83	-37.63	3.83	11.15	61.32	5.33	4.28	6.79	6.05	6.54	4.53
Asset Turnover	0.28	0.28	0.13	0.14	0.14	0.14	0.14	0.15	0.15	0.15	0.14	0.15	0.14	0.14	0.13	0.15	0.15	0.16	0.14	0.14
Inventory Turnover	5.15	1.35	0.87	0.61	0.54	0.54	0.61	0.66	0.60	0.57	0.64	0.73	0.70	0.67	0.65	0.70	0.76	0.88	0.67	0.59
Quick Ratio	-	-	0.93	1.06	0.79	0.80	0.84	0.88	0.88	0.68	0.68	0.83	0.74	0.90	0.93	0.90	0.85	0.84	0.73	0.78
Current Ratio	-	-	1.54	1.66	1.42	1.41	1.36	1.36	1.47	1.25	1.25	1.38	1.28	1.44	1.47	1.46	1.39	1.40	1.27	1.31
Return on Equity (ROE)	-17.53%	-17.53%	5.98%	12.00%	9.55%	11.45%	8.91%	7.36%	13.26%	10.92%	-2.93%	11.07%	-14.56%	6.43%	7.16%	8.09%	10.30%	12.67%	12.01%	14.04%
Return on Assets (ROA)	-7.08%	-7.08%	2.63%	4.52%	3.84%	4.58%	3.45%	2.71%	5.07%	4.44%	-1.09%	4.54%	-5.46%	2.70%	2.75%	3.63%	4.38%	5.00%	3.55%	4.56%
Return on Invested Capital (ROIC)	-9.13%	-9.13%	3.57%	6.42%	5.10%	5.88%	4.72%	3.74%	6.71%	5.80%	-1.50%	6.15%	-7.18%	3.60%	3.77%	5.05%	5.97%	6.67%	4.79%	6.29%
Return on Capital Employed (ROCE)	-7.55%	-7.55%	3.91%	6.89%	5.61%	6.88%	5.07%	4.58%	7.22%	6.82%	-2.37%	6.85%	-6.26%	4.42%	4.12%	5.22%	6.45%	7.48%	4.89%	6.92%
Earnings Yield	3.20%	2.95%	6.92%	9.02%	8.20%	7.65%	6.77%	4.20%	4.35%	0.68%	0.13%	1.75%	1.06%	4.81%	5.15%	7.01%	7.20%	6.85%	6.75%	3.50%
FCF Yield	-	0.00%	4.75%	6.25%	7.43%	7.54%	7.20%	5.16%	4.19%	3.30%	3.31%	5.04%	3.70%	4.17%	5.22%	6.99%	6.23%	5.98%	4.82%	2.47%
Dividend Yield	2.99%	0.00%	0.77%	0.97%	1.05%	0.90%	0.77%	0.68%	0.63%	0.58%	0.67%	0.71%	0.64%	0.68%	0.62%	0.80%	0.76%	0.84%	0.85%	0.87%
Payout Ratio	92.85%	0.00%	68.11%	35.11%	46.92%	40.36%	52.12%	61.86%	36.41%	40.95%	-151.06%	39.09%	-31.55%	65.69%	58.00%	53.79%	44.88%	40.49%	43.72%	36.11%
Buyback Yield / Dilution	1.79%	2.33%	1.93%	1.69%	1.22%	0.51%	-0.16%	0.20%	-0.20%	0.27%	0.59%	-0.16%	0.04%	-0.55%	-0.51%	-0.24%	0.00%	0.16%	-0.20%	0.08%
Total Shareholder Return	4.78%	2.33%	2.70%	2.66%	2.26%	1.41%	0.62%	0.88%	0.44%	0.86%	1.26%	0.55%	0.68%	0.13%	0.11%	0.56%	0.76%	1.00%	0.65%	0.95%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q