Merck & Co., Inc. (MRK)

NYSE: MRK · Delayed Price · USD
93.08
0.77 (0.83%)
At close: May 27, 2022 4:03 PM
93.13
0.05 (0.05%)
After-hours:May 27, 2022 5:03 PM EDT

Total Valuation

Merck & Co. has a market cap or net worth of $239.05 billion. The enterprise value is $261.92 billion.

Market Cap239.05B
Enterprise Value261.92B

Important Dates

The latest earnings date was Thursday, April 28, 2022, before market open.

Last Earnings DateApr 28, 2022
Ex-Dividend DateJun 14, 2022

Share Statistics

Merck & Co. has 2.57 billion shares outstanding. The number of shares has decreased by -0.10% in one year.

Shares Outstanding2.57B
Shares Change (YoY)-0.10%
Shares Change (QoQ)+0.07%
Owned by Insiders (%)0.10%
Owned by Institutions (%)75.15%
Float2.53B

Valuation Ratios

The trailing PE ratio is 16.66 and the forward PE ratio is 12.58. Merck & Co.'s PEG ratio is 1.17.

PE Ratio16.66
Forward PE12.58
PS Ratio4.43
PB Ratio5.85
P/FCF Ratio18.70
PEG Ratio1.17
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.49, with a EV/FCF ratio of 20.49.

EV / Earnings18.47
EV / Sales4.85
EV / EBITDA13.49
EV / EBIT16.35
EV / FCF20.49

Financial Position

The company has a current ratio of 1.40, with a Debt / Equity ratio of 0.78.

Current Ratio1.40
Quick Ratio0.84
Debt / Equity0.78
Debt / EBITDA1.64
Debt / FCF2.49

Financial Efficiency

Return on equity (ROE) is 38.30%, which is very high. The company has a high ROIC of 27.40%.

Return on Equity (ROE)38.30%
Return on Assets (ROA)14.30%
Return on Capital (ROIC)27.40%
Revenue Per Employee$805,642
Profits Per Employee$211,642
Employee Count67,000
Asset Turnover0.54
Inventory Turnover2.60

Taxes

In the past 12 months, Merck & Co. has paid $1.84 billion in taxes.

Income Tax1.84B
Effective Tax Rate11.47%

Stock Price Statistics

The stock price has increased by +20.17% in the last 52 weeks. The beta is 0.37, so Merck & Co.'s price volatility has been lower than the market average.

Beta (1Y)0.37
52-Week Price Change+20.17%
50-Day Moving Average88.57
200-Day Moving Average80.53
Average Volume (30 Days)11,467,338

Short Selling Information

The latest short interest is 16.98 million, so 0.66% of the outstanding shares have been sold short.

Short Interest16.98M
Short % of Shares Out0.66%
Short % of Float0.67%
Short Ratio (days to cover)1.45

Income Statement

In the last 12 months, Merck & Co. had revenue of $53.98 billion and earned 14.18 billion in profits. Earnings per share was $5.59.

Revenue53.98B
Gross Profit38.17B
Operating Income15.57B
Pretax Income16.02B
Net Income14.18B
EBITDA19.42B
EBIT16.02B
Earnings Per Share (EPS)$5.59
Full Income Statement

Balance Sheet

The company has $8.93 billion in cash and $31.79 billion in debt, giving a net cash position of -$22.87 billion or -$8.90 per share.

Cash & Cash Equivalents8.93B
Total Debt31.79B
Net Cash-22.87B
Net Cash Per Share-$8.90
Book Value40.88B
Book Value Per Share15.92
Working Capital8.87B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $17.08 billion and capital expenditures -$4.30 billion, giving a free cash flow of $12.78 billion.

Operating Cash Flow17.08B
Capital Expenditures-4.30B
Free Cash Flow12.78B
FCF Per Share$4.98
Full Cash Flow Statement

Margins

Gross margin is 70.71%, with operating and profit margins of 28.85% and 26.27%.

Gross Margin70.71%
Operating Margin28.85%
Pretax Margin29.67%
Profit Margin26.27%
EBITDA Margin35.98%
EBIT Margin29.67%
FCF Margin23.68%

Dividends & Yields

This stock pays an annual dividend of $2.68, which amounts to a dividend yield of 2.88%.

Dividend Per Share$2.68
Dividend Yield2.88%
Earnings Yield5.93%
FCF Yield5.35%
Dividend Growth (YoY)6.15%
Payout Ratio47.80%
Buyback Yieldn/a
Shareholder Yield2.88%
Dividend Details

Analyst Forecast

The average price target for Merck & Co. is $97.64, which is 4.90% higher than the current price. The consensus rating is "Buy".

Price Target$97.64
Price Target Difference4.90%
Analyst ConsensusBuy
Analyst Count34
Stock Forecasts

Stock Splits

The last stock split was on June 3, 2021. It was a forward split with a ratio of 1048:1000.

Last Split DateJun 3, 2021
Split TypeForward
Split Ratio1048:1000