MRK (MRK)

Financial Metrics & Valuation Analysis

Enterprise Valuation (TTM)

Enterprise Value$365.41B
EV / Sales5.57
EV / EBITDA19.46
EV / Operating Cash Flow20.43
EV / Free Cash Flow25.89

Return Metrics (TTM)

Return on Equity (ROE)17.93%
Return on Assets (ROA)6.94%
Return on Invested Capital (ROIC)13.34%
Return on Capital Employed (ROCE)17.79%

Yield Metrics

Earnings Yield2.78%
Free Cash Flow Yield4.39%

Balance Sheet Strength

Net Debt / EBITDA2.33
Current Ratio1.30
Working Capital$8.07B
Tangible Asset Value-$1.40B
Net Current Asset Value-$47.74B

Working Capital Efficiency

Days Sales Outstanding67.94
Days Payables Outstanding89.23
Operating Cycle (Days)217.60
Cash Conversion Cycle128.37

Capital Allocation

CapEx / Revenue5.76%
CapEx / Operating Cash Flow21.10%
R&D / Revenue33.77%
SG&A / Revenue14.55%

Fiscal Year 2025 Ratios

Audited annual results as of 2025-12-31

Margins

Gross Profit Margin71.98%
Operating Margin36.17%
Net Profit Margin28.12%

Solvency

Debt / Equity0.96
Quick Ratio1.30
Cash Ratio0.51

Per Share

Revenue / Share$25.95
FCF / Share$4.94
PE Ratio14.42