Merck & Co., Inc. - Understand $mrk stock

$MRK Market Cap: $256.4 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$63.17B

TTM

Gross Margin

79.96%

TTM

Net Earnings

$12.15B

TTM

Current Assets

$40.36B

Q3 2024

Current Liabilities

$29.59B

Q3 2024

Current Ratio

136.42%

Q3 2024

Total Assets

$117.5B

Q3 2024

Total Liabilities

$72.11B

Q3 2024

Book Value

$45.42B

Q3 2024

Cash

$14.59B

Q3 2024

P/E

21.11

Nov 29, 2024 EST

Free Cash Flow

$14.84B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$60.12B	$59.28B	$48.70B	$41.52B	$39.12B	$42.29B	$40.12B	$39.81B	$39.50B	$42.24B	$44.03B	$47.27B	$48.05B	$45.99B	$27.43B	$23.85B	$24.20B	$22.64B	$22.01B	$22.97B	$22.49B	$21.45B	$21.20B	$40.36B	$32.71B	$26.90B	$23.64B	$19.83B	$16.68B	$14.97B	$10.50B	$9.663B	$8.603B	$7.672B	$6.551B	$5.940B	$5.061B	$4.129B	$3.548B	$3.560B	$3.246B
YoY Change	1.4%	21.72%	17.31%	6.13%	-7.5%	5.41%	0.79%	0.78%	-6.48%	-4.08%	-6.84%	-1.62%	4.48%	67.66%	15.0%	-1.44%	6.9%	2.83%	-4.18%	2.17%	4.85%	1.17%	-47.48%	23.38%	21.62%	13.8%	19.2%	18.87%	11.43%	42.6%	8.64%	12.32%	12.14%	17.11%	10.29%	17.37%	22.57%	16.38%	-0.34%	9.67%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$60.12B	$59.28B	$48.70B	$41.52B	$39.12B	$42.29B	$40.12B	$39.81B	$39.50B	$42.24B	$44.03B	$47.27B	$48.05B	$45.99B	$27.43B	$23.85B	$24.20B	$22.64B	$22.01B	$22.97B	$22.49B	$21.45B	$21.20B	$40.36B	$32.71B	$26.90B	$23.64B	$19.83B	$16.68B	$14.97B	$10.50B	$9.663B	$8.603B	$7.672B	$6.551B	$5.940B	$5.061B	$4.129B	$3.548B	$3.560B	$3.246B
Cost Of Revenue	$13.90B	$15.15B	$13.63B	$13.62B	$12.02B	$13.51B	$12.91B	$14.03B	$14.93B	$16.77B	$16.95B	$16.45B	$16.87B	$18.40B	$9.019B	$5.583B	$6.141B	$6.001B	$5.150B	$4.966B	$4.437B	$4.005B	$3.625B	$22.44B	$17.53B	$13.93B	$11.79B	$9.319B	$7.456B	$5.963B	$2.498B	$2.096B	$1.935B	$1.778B	$1.550B	$1.526B	$1.444B	$1.338B	$1.272B	$1.425B	$1.263B
Gross Profit	$46.22B	$44.14B	$35.08B	$27.90B	$27.11B	$28.79B	$27.21B	$25.78B	$24.56B	$25.47B	$27.08B	$30.82B	$31.18B	$27.59B	$18.41B	$18.27B	$18.06B	$16.64B	$16.86B	$18.01B	$18.05B	$17.44B	$17.57B	$17.92B	$15.18B	$12.97B	$11.85B	$10.51B	$9.225B	$9.007B	$8.001B	$7.566B	$6.668B	$5.893B	$5.000B	$4.413B	$3.617B	$2.791B	$2.275B	$2.135B	$1.983B
Gross Profit Margin	76.88%	74.45%	72.02%	67.2%	69.29%	68.06%	67.82%	64.75%	62.19%	60.3%	61.5%	65.21%	64.89%	60.0%	67.12%	76.59%	74.62%	73.49%	76.6%	78.38%	80.27%	81.33%	82.9%	44.4%	46.4%	48.23%	50.12%	53.0%	55.3%	60.17%	76.21%	78.3%	77.51%	76.81%	76.32%	74.29%	71.47%	67.6%	64.12%	59.97%	61.09%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Selling, General & Admin	$10.30B	$9.772B	$9.634B	$8.955B	$9.455B	$10.10B	$10.07B	$10.02B	$10.31B	$11.61B	$11.91B	$12.78B	$13.73B	$13.13B	$8.097B	$7.377B	$7.557B	$8.165B	$7.156B	$7.239B	$6.200B	$5.652B	$5.701B	$6.168B	$5.200B	$4.511B	$4.299B	$3.841B	$3.298B	$3.178B	$2.914B	$2.963B	$2.570B	$2.388B	$2.013B	$1.880B	$1.682B	$1.270B	$1.009B	$946.0M	$905.0M
YoY Change	5.36%	1.43%	7.58%	-5.29%	-6.4%	0.28%	0.57%	-2.87%	-11.14%	-2.56%	-6.77%	-6.97%	4.63%	62.1%	9.76%	-2.38%	-7.45%	14.1%	-1.15%	16.76%	9.7%	-0.86%	-7.57%	18.62%	15.27%	4.93%	11.92%	16.46%	3.78%	9.06%	-1.65%	15.29%	7.62%	18.63%	7.07%	11.77%	32.44%	25.87%	6.66%	4.53%
% of Gross Profit	22.28%	22.14%	27.46%	32.1%	34.88%	35.09%	37.02%	38.86%	41.98%	45.57%	43.99%	41.45%	44.05%	47.57%	43.98%	40.38%	41.85%	49.08%	42.44%	40.2%	34.35%	32.41%	32.44%	34.42%	34.26%	34.77%	36.29%	36.55%	35.75%	35.28%	36.42%	39.16%	38.54%	40.52%	40.26%	42.6%	46.5%	45.5%	44.35%	44.31%	45.64%
Research & Development	$29.71B	$11.84B	$12.25B	$13.40B	$9.724B	$9.752B	$10.34B	$10.26B	$6.704B	$7.180B	$7.503B	$8.168B	$8.467B	$11.11B	$5.613B	$4.677B	$4.558B	$4.726B	$3.829B	$4.010B	$3.280B	$2.677B	$2.456B	$2.344B	$2.068B	$1.821B	$1.684B	$1.487B	$1.331B	$1.231B	$1.173B	$1.112B	$988.0M	$854.0M	$751.0M	$669.0M	$566.0M	$480.0M	$426.0M	$393.0M	$356.0M
YoY Change	150.9%	-3.29%	-8.6%	37.77%	-0.29%	-5.68%	0.76%	53.06%	-6.63%	-4.3%	-8.14%	-3.53%	-23.8%	97.95%	20.01%	2.61%	-3.55%	23.43%	-4.51%	22.26%	22.53%	9.0%	4.78%	13.35%	13.56%	8.14%	13.25%	11.72%	8.12%	4.94%	5.49%	12.55%	15.69%	13.72%	12.26%	18.2%	17.92%	12.68%	8.4%	10.39%
% of Gross Profit	64.28%	26.83%	34.91%	48.02%	35.88%	33.88%	38.0%	39.81%	27.29%	28.19%	27.71%	26.5%	27.16%	40.27%	30.49%	25.6%	25.24%	28.41%	22.71%	22.27%	18.17%	15.35%	13.98%	13.08%	13.62%	14.04%	14.21%	14.15%	14.43%	13.67%	14.66%	14.7%	14.82%	14.49%	15.02%	15.16%	15.65%	17.2%	18.73%	18.41%	17.95%
Depreciation & Amortization	$1.800B	$1.800B	$1.600B	$1.700B	$3.652B	$4.519B	$4.676B	$5.471B	$6.375B	$6.691B	$6.988B	$6.978B	$7.427B	$7.381B	$2.576B	$1.631B	$1.988B	$2.268B	$1.708B	$1.451B	$1.314B	$1.231B	$1.133B	$1.268B	$1.145B	$1.015B	$837.0M	$731.0M	$667.0M	$682.0M	$387.0M	$304.0M	$254.0M	$254.0M	$222.0M	$205.0M	$210.0M	$194.0M
YoY Change	0.0%	12.5%	-5.88%	-53.45%	-19.19%	-3.36%	-14.53%	-14.18%	-4.72%	-4.25%	0.14%	-6.05%	0.62%	186.53%	57.94%	-17.96%	-12.35%	32.79%	17.71%	10.43%	6.74%	8.65%	-10.65%	10.74%	12.81%	21.27%	14.5%	9.6%	-2.2%	76.23%	27.3%	19.69%	0.0%	14.41%	8.29%	-2.38%	8.25%
% of Gross Profit	3.89%	4.08%	4.56%	6.09%	13.47%	15.7%	17.18%	21.22%	25.95%	26.27%	25.81%	22.64%	23.82%	26.75%	13.99%	8.93%	11.01%	13.63%	10.13%	8.06%	7.28%	7.06%	6.45%	7.08%	7.54%	7.82%	7.07%	6.96%	7.23%	7.57%	4.84%	4.02%	3.81%	4.31%	4.44%	4.65%	5.81%	6.95%
Operating Expenses	$40.01B	$21.61B	$21.88B	$22.35B	$19.18B	$19.85B	$20.41B	$20.28B	$17.02B	$18.79B	$19.41B	$20.94B	$22.20B	$24.24B	$13.71B	$12.05B	$12.11B	$12.89B	$10.98B	$11.25B	$9.479B	$8.330B	$8.296B	$8.830B	$7.586B	$6.597B	$6.180B	$5.525B	$4.822B	$4.602B	$4.115B	$4.075B	$3.558B	$3.242B	$2.764B	$2.549B	$2.248B	$1.750B	$1.436B	$1.338B	$1.262B
YoY Change	85.1%	-1.21%	-2.12%	16.54%	-3.4%	-2.74%	0.67%	19.16%	-9.42%	-3.23%	-7.31%	-5.66%	-8.4%	76.78%	13.74%	-0.5%	-6.03%	17.36%	-2.35%	18.66%	13.79%	0.41%	-6.05%	16.4%	14.99%	6.75%	11.86%	14.58%	4.78%	11.83%	0.98%	14.53%	9.75%	17.29%	8.43%	13.39%	28.46%	21.87%	7.32%	6.02%
Operating Profit	$6.211B	$22.52B	$13.20B	$5.548B	$7.926B	$8.931B	$6.797B	$5.499B	$7.547B	$6.683B	$7.665B	$9.877B	$8.976B	$3.355B	$4.699B	$6.213B	$5.943B	$3.744B	$5.878B	$6.759B	$8.570B	$9.111B	$9.278B	$9.090B	$7.594B	$6.376B	$5.667B	$4.985B	$4.403B	$4.405B	$3.886B	$3.491B	$3.110B	$2.651B	$2.236B	$1.864B	$1.369B	$1.041B	$839.0M	$797.0M	$721.0M
YoY Change	-72.42%	70.63%	137.91%	-30.0%	-11.25%	31.4%	23.6%	-27.14%	12.93%	-12.81%	-22.4%	10.04%	167.54%	-28.6%	-24.37%	4.54%	58.73%	-36.3%	-13.03%	-21.13%	-5.94%	-1.8%	2.07%	19.7%	19.1%	12.51%	13.68%	13.22%	-0.05%	13.36%	11.31%	12.25%	17.31%	18.56%	19.96%	36.16%	31.51%	24.08%	5.27%	10.54%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Interest Expense	$279.0M	-$1.348B	$806.0M	$831.0M	$893.0M	$772.0M	$754.0M	$693.0M	$672.0M	$732.0M	$801.0M	$714.0M	$695.0M	$715.0M	$1.997B	$2.794B	$3.388B	$2.588B	$1.707B	$879.0M	$291.0M	$463.0M	$419.0M	$477.0M	$615.0M	$869.0M	$706.0M	$551.0M	$354.0M	-$41.00M	-$90.00M	$26.00M	-$21.00M	-$22.00M	-$12.00M	$3.000M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-120.7%	-267.25%	-3.01%	-6.94%	15.67%	2.39%	8.8%	3.13%	-8.2%	-8.61%	12.18%	2.73%	-2.8%	-64.2%	-28.53%	-17.53%	30.91%	51.61%	94.2%	202.06%	-37.15%	10.5%	-12.16%	-22.44%	-29.23%	23.09%	28.13%	55.65%	-963.41%	-54.44%	-446.15%	-223.81%	-4.55%	83.33%	-500.0%
% of Operating Profit	4.49%	-5.99%	6.11%	14.98%	11.27%	8.64%	11.09%	12.6%	8.9%	10.95%	10.45%	7.23%	7.74%	21.31%	42.5%	44.97%	57.01%	69.12%	29.04%	13.0%	3.4%	5.08%	4.52%	5.25%	8.1%	13.63%	12.46%	11.05%	8.04%	-0.93%	-2.32%	0.74%	-0.68%	-0.83%	-0.54%	0.16%	0.0%	0.0%	0.0%	0.0%	0.0%
Other Income/Expense, Net	-$792.0M	-$360.0M	$1.341B	$890.0M	-$129.0M	$402.0M	$500.0M	-$189.0M	-$1.527B	$11.61B	-$411.0M	-$1.116B	-$946.0M	-$1.304B	$10.91B	$2.085B	-$336.0M	$89.00M	$121.0M	$473.0M	$386.0M	$77.00M	$250.0M	$258.0M	$462.0M	-$220.0M	-$124.0M	$5.000M	-$469.0M	$51.00M	$82.00M	$46.00M	$78.00M	$70.00M	$58.00M	$4.000M	$36.00M	$32.00M	$17.00M	-$10.00M	-$26.00M
YoY Change	120.0%	-126.85%	50.67%	-789.92%	-132.09%	-19.6%	-364.55%	-87.62%	-113.15%	-2925.55%	-63.17%	17.97%	-27.45%	-111.96%	423.07%	-720.54%	-477.53%	-26.45%	-74.42%	22.54%	401.3%	-69.2%	-3.1%	-44.16%	-310.0%	77.42%	-2580.0%	-101.07%	-1019.61%	-37.8%	78.26%	-41.03%	11.43%	20.69%	1350.0%	-88.89%	12.5%	88.24%	-270.0%	-61.54%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$1.889B	$16.44B	$13.88B	$5.863B	$7.171B	$8.701B	$6.521B	$4.659B	$5.401B	$17.28B	$5.545B	$8.739B	$7.334B	$1.653B	$15.29B	$9.931B	$3.492B	$6.221B	$7.364B	$8.003B	$9.052B	$9.652B	$9.948B	$9.824B	$8.620B	$8.133B	$6.462B	$5.541B	$4.797B	$4.415B	$3.103B	$3.564B	$3.167B	$2.699B	$2.283B	$1.871B	$1.405B	$1.073B	$857.0M	$787.0M	$696.0M
YoY Change	-88.51%	18.48%	136.72%	-18.24%	-17.58%	33.43%	39.97%	-13.74%	-68.75%	211.69%	-36.55%	19.16%	343.68%	-89.19%	53.96%	184.39%	-43.87%	-15.52%	-7.98%	-11.59%	-6.22%	-2.98%	1.26%	13.97%	5.99%	25.86%	16.62%	15.51%	8.65%	42.28%	-12.93%	12.54%	17.34%	18.22%	22.02%	33.17%	30.94%	25.2%	8.89%	13.07%
Income Tax	$1.512B	$1.918B	$1.521B	$1.340B	$1.565B	$2.508B	$4.103B	$718.0M	$942.0M	$5.349B	$1.028B	$2.440B	$942.0M	$671.0M	$2.268B	$1.999B	$95.00M	$1.788B	$2.733B	$2.173B	$2.462B	$2.857B	$2.895B	$3.002B	$2.729B	$2.885B	$1.848B	$1.660B	$1.462B	$1.418B	$937.0M	$1.117B	$1.045B	$918.0M	$788.0M	$664.0M	$499.0M	$398.0M	$317.0M	$294.0M	$245.0M
% Of Pretax Income	80.04%	11.66%	10.96%	22.86%	21.82%	28.82%	62.92%	15.41%	17.44%	30.95%	18.54%	27.92%	12.84%	40.59%	14.83%	20.13%	2.72%	28.74%	37.11%	27.15%	27.2%	29.6%	29.1%	30.56%	31.66%	35.47%	28.6%	29.96%	30.48%	32.12%	30.2%	31.34%	33.0%	34.01%	34.52%	35.49%	35.52%	37.09%	36.99%	37.36%	35.2%
Net Earnings	$365.0M	$14.52B	$13.05B	$7.067B	$9.843B	$6.220B	$2.394B	$3.920B	$4.442B	$11.92B	$4.404B	$6.168B	$6.272B	$861.0M	$12.90B	$7.808B	$3.275B	$4.434B	$4.631B	$5.830B	$6.831B	$7.150B	$7.282B	$6.822B	$5.891B	$5.248B	$4.614B	$3.881B	$3.335B	$2.997B	$2.166B	$1.984B	$2.122B	$1.781B	$1.495B	$1.207B	$906.0M	$676.0M	$540.0M	$493.0M	$451.0M
YoY Change	-97.49%	11.27%	84.65%	-28.2%	58.25%	159.82%	-38.93%	-11.75%	-62.73%	170.66%	-28.6%	-1.66%	628.46%	-93.33%	65.2%	138.41%	-26.14%	-4.25%	-20.57%	-14.65%	-4.46%	-1.81%	6.74%	15.8%	12.25%	13.74%	18.89%	16.37%	11.28%	38.37%	9.17%	-6.5%	19.15%	19.13%	23.86%	33.22%	34.02%	25.19%	9.53%	9.31%
Net Earnings / Revenue	0.61%	24.49%	26.79%	17.02%	25.16%	14.71%	5.97%	9.85%	11.25%	28.22%	10.0%	13.05%	13.05%	1.87%	47.03%	32.74%	13.53%	19.59%	21.04%	25.38%	30.38%	33.34%	34.35%	16.9%	18.01%	19.51%	19.52%	19.57%	19.99%	20.02%	20.63%	20.53%	24.67%	23.21%	22.82%	20.32%	17.9%	16.37%	15.22%	13.85%	13.89%
Basic Earnings Per Share	$0.14	$5.73	$5.16	$2.79	$3.84	$2.34	$0.88	$1.42	$1.58	$4.12	$1.49	$2.03	$2.04	$0.28
Diluted Earnings Per Share	$0.14	$5.712M	$5.14	$2.78	$3.81	$2.32	$0.87	$1.41	$1.56	$4.07	$1.47	$2.00	$2.02	$0.28	$5.675M	$3.643M	$1.495M	$2.027M	$2.105M	$2.619M	$3.032M	$3.140M	$3.136M	$2.899M	$2.449M	$2.150M	$1.868M	$1.559M	$1.314M	$1.174M	$936.4K	$860.0K	$898.8K	$752.1K	$622.4K	$503.3K	$365.0K	$265.0K	$210.5K	$186.5K	$169.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments	$7.093B	$13.19B	$8.096B	$8.062B	$10.45B	$8.864B	$8.498B	$14.34B	$13.43B	$15.72B	$17.49B	$16.14B	$14.97B	$12.20B	$9.604B	$5.486B	$8.231B	$8.713B	$15.64B	$7.090B	$4.173B	$4.971B	$3.287B	$4.255B	$3.202B	$3.356B	$2.309B	$2.182B	$3.350B	$2.270B	$1.542B	$1.094B	$1.412B	$1.197B	$1.144B	$1.550B	$1.148B	$966.0M	$842.0M	$744.0M	$371.0M
YoY Change	-46.23%	62.94%	0.42%	-22.85%	17.89%	4.31%	-40.74%	6.81%	-14.58%	-10.11%	8.33%	7.81%	22.71%	27.04%	75.06%	-33.35%	-5.53%	-44.28%	120.56%	69.9%	-16.05%	51.23%	-22.75%	32.89%	-4.59%	45.34%	5.82%	-34.87%	47.58%	47.21%	40.95%	-22.52%	17.96%	4.63%	-26.19%	35.02%	18.84%	14.73%	13.17%	100.54%
Cash & Equivalents	$6.841B	$12.69B	$8.096B	$8.062B	$9.676B	$7.965B	$6.092B	$6.515B	$8.524B	$7.441B	$15.62B	$13.45B	$13.53B	$10.90B	$9.311B	$4.368B	$5.336B	$5.915B	$9.585B	$2.879B	$1.201B	$2.243B	$2.144B	$2.537B	$2.022B	$2.606B	$1.125B	$1.352B	$1.847B	$1.604B	$829.0M	$575.0M	$798.0M	$806.0M	$685.0M	$854.0M	$408.0M	$966.0M	$842.0M	$744.0M	$371.0M
Short-Term Investments	$252.0M	$498.0M		$0.00	$774.0M	$899.0M	$2.406B	$7.826B	$4.903B	$8.278B	$1.865B	$2.690B	$1.441B	$1.301B	$293.0M	$1.118B	$2.895B	$2.798B	$6.052B	$4.211B	$2.972B	$2.728B	$1.143B	$1.718B	$1.181B	$750.0M	$1.184B	$829.0M	$1.502B	$666.0M	$713.0M	$518.0M	$614.0M	$391.0M	$458.0M	$696.0M	$740.0M	$0.00	$0.00	$0.00	$0.00
Other Short-Term Assets	$7.645B	$7.169B	$6.987B	$5.541B	$4.277B	$4.500B	$4.299B	$4.389B	$5.140B	$4.689B	$4.789B	$4.207B	$3.418B	$3.303B	$3.838B	$8.004B	$660.0M	$1.433B	$826.0M	$859.0M	$776.0M	$1.028B	$880.0M	$1.059B	$1.121B	$875.0M	$882.0M	$740.0M	$900.0M	$640.0M	$456.0M	$387.0M	$362.0M	$331.0M	$221.0M	$159.0M	$123.0M	$59.00M	$59.00M	$57.00M	$86.00M
YoY Change	6.64%	2.6%	26.1%	29.55%	-4.96%	4.68%	-2.05%	-14.61%	9.62%	-2.09%	13.83%	23.08%	3.48%	-13.94%	-52.05%	1112.73%	-53.94%	73.49%	-3.84%	10.7%	-24.51%	16.82%	-16.9%	-5.53%	28.11%	-0.79%	19.19%	-17.78%	40.63%	40.35%	17.83%	6.91%	9.37%	49.77%	38.99%	29.27%	108.47%	0.0%	3.51%	-33.72%
Inventory	$6.358B	$5.911B	$5.953B	$6.310B	$5.978B	$5.440B	$5.096B	$4.866B	$4.700B	$5.571B	$6.226B	$6.535B	$6.254B	$5.868B	$8.048B	$2.091B	$1.881B	$1.769B	$1.658B	$1.899B	$2.555B	$2.964B	$3.579B	$3.022B	$2.847B	$2.624B	$2.145B	$2.149B	$1.873B	$1.661B	$1.642B	$1.183B	$991.0M	$893.0M	$780.0M	$658.0M	$660.0M	$580.0M	$545.0M	$566.0M	$567.0M
Prepaid Expenses
Receivables	$10.35B	$9.450B	$9.230B	$7.851B	$6.778B	$7.071B	$6.873B	$7.018B	$6.484B	$6.626B	$7.184B	$7.974B	$8.537B	$7.692B	$6.942B	$3.531B	$3.368B	$3.315B	$2.927B	$3.628B	$4.024B	$5.423B	$5.215B	$5.262B	$4.089B	$3.374B	$2.877B	$2.656B	$2.496B	$2.352B	$2.094B	$1.737B	$1.546B	$1.346B	$1.266B	$1.023B	$1.077B	$907.0M	$864.0M	$812.0M	$709.0M
Other Receivables	$723.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$906.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$32.17B	$35.72B	$30.27B	$27.76B	$27.48B	$25.88B	$24.77B	$30.61B	$29.75B	$32.61B	$35.69B	$34.86B	$33.18B	$29.06B	$28.43B	$19.11B	$15.05B	$15.23B	$21.05B	$13.48B	$11.53B	$14.39B	$12.96B	$13.60B	$11.26B	$10.23B	$8.213B	$7.727B	$8.618B	$6.922B	$5.735B	$4.400B	$4.311B	$3.766B	$3.410B	$3.389B	$3.007B	$2.511B	$2.310B	$2.180B	$1.733B
YoY Change	-9.95%	18.03%	9.01%	1.02%	6.21%	4.48%	-19.1%	2.9%	-8.75%	-8.63%	2.38%	5.05%	14.17%	2.22%	48.76%	27.04%	-1.21%	-27.65%	56.21%	16.9%	-19.87%	10.99%	-4.68%	20.77%	10.07%	24.55%	6.29%	-10.34%	24.5%	20.7%	30.34%	2.06%	14.47%	10.44%	0.62%	12.7%	19.75%	8.7%	5.96%	25.79%
Property, Plant & Equipment	$24.49B	$22.77B	$19.28B	$17.99B	$16.13B	$13.29B	$12.44B	$12.03B	$12.51B	$13.14B	$14.97B	$16.03B	$16.30B	$17.08B	$18.28B	$12.00B	$12.35B	$13.19B	$14.40B	$14.71B	$14.17B	$14.20B	$13.10B	$11.48B	$9.677B	$7.844B	$6.609B	$5.927B	$5.269B	$5.296B	$4.895B	$4.271B	$3.505B	$2.722B	$2.293B	$2.071B	$1.948B	$1.906B	$1.883B	$1.913B	$1.715B
YoY Change	7.55%	18.1%	7.19%	11.53%	21.33%	6.85%	3.43%	-3.85%	-4.79%	-12.27%	-6.59%	-1.64%	-4.6%	-6.55%	52.33%	-2.8%	-6.43%	-8.36%	-2.15%	3.85%	-0.19%	8.34%	14.12%	18.65%	23.37%	18.69%	11.51%	12.49%	-0.51%	8.19%	14.61%	21.85%	28.77%	18.71%	10.72%	6.31%	2.2%	1.22%	-1.57%	11.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.501B	$1.847B	$966.0M	$785.0M	$1.469B	$6.233B	$12.89B	$12.13B	$13.06B	$13.85B	$11.37B	$8.605B	$4.344B	$2.669B	$1.313B	$7.891B	$11.06B	$11.29B	$4.108B	$6.727B	$7.941B	$7.255B	$6.984B	$4.948B	$4.762B	$3.608B	$2.533B	$2.499B	$1.970B	$1.417B	$1.780B	$1.416B	$1.044B	$1.012B	$737.0M	$403.0M	$459.0M	$392.0M	$395.0M	$175.0M	$92.00M
YoY Change	-18.73%	91.2%	23.06%	-46.56%	-76.43%	-51.65%	6.27%	-7.09%	-5.74%	21.83%	32.13%	98.09%	62.76%	103.27%	-83.36%	-28.65%	-2.03%	174.78%	-38.93%	-15.29%	9.46%	3.88%	41.15%	3.91%	31.98%	42.44%	1.36%	26.85%	39.03%	-20.39%	25.71%	35.63%	3.16%	37.31%	82.88%	-12.2%	17.09%	-0.76%	125.71%	90.22%
Other Assets	$9.310B	$7.350B	$10.99B	$10.21B	$5.698B	$7.554B	$5.308B	$5.139B	$6.037B	$5.196B	$7.515B	$5.423B	$4.849B	$5.132B	$4.495B	$6.228B	$7.732B	$2.482B	$3.686B	$5.892B	$5.001B	$4.483B	$3.482B	$2.753B	$2.353B	$1.886B	$1.600B	$1.404B	$1.149B	$1.009B	$873.0M	$846.0M	$640.0M	$530.0M	$317.0M	$265.0M	$266.0M	$296.0M	$314.0M	$323.0M	$674.0M
YoY Change	26.67%	-33.1%	7.59%	79.2%	-24.57%	42.31%	3.29%	-14.87%	16.19%	-30.86%	38.58%	11.84%	-5.51%	14.17%	-27.83%	-19.45%	211.52%	-32.66%	-37.44%	17.82%	11.55%	28.75%	26.48%	17.0%	24.76%	17.88%	13.96%	22.19%	13.88%	15.58%	3.19%	32.19%	20.75%	67.19%	19.62%	-0.38%	-10.14%	-5.73%	-2.79%	-52.08%
Total Long-Term Assets	$74.51B	$73.44B	$75.43B	$63.82B	$56.91B	$56.76B	$63.11B	$64.76B	$71.93B	$65.56B	$69.96B	$71.28B	$71.95B	$76.72B	$83.88B	$28.08B	$33.31B	$29.34B	$23.80B	$29.10B	$29.06B	$33.18B	$31.06B	$26.56B	$24.38B	$21.62B	$17.52B	$16.57B	$15.21B	$14.94B	$14.19B	$6.686B	$5.188B	$4.264B	$3.347B	$2.739B	$2.673B	$2.594B	$2.592B	$2.411B	$2.482B
YoY Change	1.46%	-2.64%	18.18%	12.14%	0.27%	-10.05%	-2.56%	-9.96%	9.71%	-6.29%	-1.84%	-0.93%	-6.22%	-8.54%	198.69%	-15.68%	13.52%	23.29%	-18.22%	0.13%	-12.4%	6.81%	16.95%	8.95%	12.73%	23.4%	5.78%	8.89%	1.87%	5.23%	112.28%	28.87%	21.67%	27.4%	22.2%	2.47%	3.05%	0.08%	7.51%	-2.86%
Total Assets	$106.7B	$109.2B	$105.7B	$91.59B	$84.40B	$82.64B	$87.87B	$95.38B	$101.7B	$98.17B	$105.6B	$106.1B	$105.1B	$105.8B	$112.3B	$47.20B	$48.35B	$44.57B	$44.85B	$42.57B	$40.59B	$47.56B	$44.02B	$40.16B	$35.64B	$31.85B	$25.74B	$24.29B	$23.83B	$21.86B	$19.93B	$11.09B	$9.499B	$8.030B	$6.757B	$6.128B	$5.680B	$5.105B	$4.902B	$4.591B	$4.215B
YoY Change
Accounts Payable	$3.922B	$4.264B	$4.609B	$4.594B	$3.738B	$3.318B	$3.102B	$2.807B	$2.533B	$2.625B	$2.274B	$1.753B	$2.023B	$2.308B	$2.244B	$618.0M	$625.0M	$497.0M	$471.0M	$421.0M	$735.0M	$2.413B	$1.895B	$4.606B	$4.159B	$3.682B	$3.269B	$2.938B	$3.105B	$2.715B	$2.378B	$1.462B	$1.400B	$1.138B	$937.0M	$833.0M	$910.0M	$773.0M	$678.0M	$590.0M	$508.0M
YoY Change	-8.02%	-7.49%	0.33%	22.9%	12.66%	6.96%	10.51%	10.82%	-3.5%	15.44%	29.72%	-13.35%	-12.35%	2.85%	263.11%	-1.12%	25.75%	5.52%	11.88%	-42.72%	-69.54%	27.34%	-58.86%	10.75%	12.95%	12.63%	11.27%	-5.38%	14.36%	14.17%	62.65%	4.43%	23.02%	21.45%	12.48%	-8.46%	17.72%	14.01%	14.92%	16.14%
Accrued Expenses	$15.19B	$14.16B	$13.86B	$13.05B	$12.45B	$10.07B	$10.26B	$10.17B	$11.18B	$10.44B	$9.342B	$9.737B	$10.17B	$8.514B	$9.455B	$9.174B	$8.535B	$6.653B	$5.278B	$5.288B	$3.773B	$3.366B	$3.213B
YoY Change	7.3%	2.16%	6.17%	4.82%	23.63%	-1.85%	0.91%	-9.01%	7.11%	11.7%	-4.06%	-4.26%	19.45%	-9.95%	3.06%	7.49%	28.29%	26.05%	-0.19%	40.15%	12.09%	4.76%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$207.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change														-100.0%
Long-Term Debt Due	$1.372B	$1.946B	$2.412B	$6.431B	$3.610B	$5.308B	$3.057B	$568.0M	$2.583B	$2.704B	$4.521B	$4.315B	$1.990B	$2.400B	$1.379B	$2.297B	$1.824B	$1.285B	$2.972B	$2.181B	$1.700B	$3.670B	$4.067B	$3.319B	$2.859B	$624.0M	$903.0M	$606.0M	$423.0M	$147.0M	$1.736B	$825.0M	$338.0M	$793.0M	$327.0M	$459.0M	$851.0M	$373.0M	$330.0M	$409.0M	$371.0M
YoY Change	-29.5%	-19.32%	-62.49%	78.14%	-31.99%	73.63%	438.2%	-78.01%	-4.47%	-40.19%	4.77%	116.83%	-17.08%	74.04%	-39.97%	25.93%	41.95%	-56.76%	36.27%	28.29%	-53.68%	-9.76%	22.54%	16.09%	358.17%	-30.9%	49.01%	43.26%	187.76%	-91.53%	110.42%	144.08%	-57.38%	142.51%	-28.76%	-46.06%	128.15%	13.03%	-19.32%	10.24%
Total Short-Term Liabilities	$25.69B	$24.24B	$23.87B	$27.33B	$22.22B	$22.21B	$18.61B	$17.20B	$19.20B	$18.40B	$17.87B	$18.35B	$16.25B	$15.64B	$15.64B	$14.32B	$12.26B	$12.72B	$13.24B	$11.74B	$9.570B	$12.38B	$11.54B	$9.954B	$8.759B	$6.069B	$5.569B	$4.829B	$4.747B	$5.449B	$5.896B	$3.617B	$2.814B	$2.827B	$1.907B	$1.909B	$2.209B	$1.417B	$1.203B	$1.103B	$998.0M
YoY Change	6.0%	1.54%	-12.64%	22.98%	0.06%	19.3%	8.2%	-10.4%	4.37%	2.96%	-2.62%	12.95%	3.86%	0.0%	9.23%	16.81%	-3.65%	-3.92%	12.76%	22.72%	-22.67%	7.2%	15.97%	13.64%	44.32%	8.98%	15.32%	1.73%	-12.88%	-7.58%	63.01%	28.54%	-0.46%	48.24%	-0.1%	-13.58%	55.89%	17.79%	9.07%	10.52%
Long-Term Debt	$33.68B	$28.75B	$30.69B	$25.36B	$22.74B	$19.81B	$21.35B	$24.27B	$23.83B	$18.70B	$20.54B	$16.25B	$15.53B	$15.48B	$16.10B	$3.943B	$3.916B	$5.551B	$5.126B	$4.692B	$5.096B	$4.879B	$4.799B	$3.601B	$3.144B	$3.221B	$1.347B	$1.156B	$1.373B	$1.146B	$1.121B	$496.0M	$494.0M	$124.0M	$118.0M	$143.0M	$167.0M	$168.0M	$171.0M	$179.0M	$385.0M
YoY Change	17.18%	-6.34%	21.02%	11.54%	14.79%	-7.24%	-12.03%	1.87%	27.43%	-8.96%	26.36%	4.7%	0.28%	-3.81%	308.19%	0.69%	-29.45%	8.29%	9.25%	-7.93%	4.45%	1.67%	33.27%	14.54%	-2.39%	139.12%	16.52%	-15.8%	19.81%	2.23%	126.01%	0.4%	298.39%	5.08%	-17.48%	-14.37%	-0.6%	-1.75%	-4.47%	-53.51%
Other Long-Term Liabilities	$8.792B	$8.323B	$9.434B	$12.48B	$11.97B	$12.04B	$11.12B	$8.514B	$7.345B	$7.813B	$8.136B																						$1.274B	$1.244B	$1.211B	$1.220B	$1.187B
YoY Change	5.63%	-11.78%	-24.42%	4.28%	-0.59%	8.31%	30.57%	15.92%	-5.99%	-3.97%																							2.41%	2.73%	-0.74%	2.78%
Total Long-Term Liabilities	$42.48B	$37.07B	$40.12B	$37.84B	$34.71B	$31.85B	$32.47B	$32.79B	$31.17B	$26.51B	$28.68B	$16.25B	$15.53B	$15.48B	$16.10B	$3.943B	$3.916B	$5.551B	$5.126B	$4.692B	$5.096B	$4.879B	$4.799B	$3.601B	$3.144B	$3.221B	$1.347B	$1.156B	$1.373B	$1.146B	$1.121B	$496.0M	$1.768B	$1.368B	$1.329B	$1.363B	$1.354B	$168.0M	$171.0M	$179.0M	$385.0M
YoY Change	14.59%	-7.62%	6.03%	9.04%	8.98%	-1.92%	-0.97%	5.18%	17.58%	-7.54%	76.42%	4.7%	0.28%	-3.81%	308.19%	0.69%	-29.45%	8.29%	9.25%	-7.93%	4.45%	1.67%	33.27%	14.54%	-2.39%	139.12%	16.52%	-15.8%	19.81%	2.23%	126.01%	-71.95%	29.24%	2.93%	-2.49%	0.66%	705.95%	-1.75%	-4.47%	-53.51%
Total Liabilities	$69.09B	$63.17B	$67.51B	$66.27B	$58.49B	$55.94B	$53.54B	$55.29B	$57.00B	$49.52B	$55.88B	$53.11B	$50.61B	$51.41B	$53.26B	$28.44B	$30.17B	$27.01B	$26.87B	$25.29B	$25.01B	$29.36B	$27.97B	$25.32B	$22.39B	$19.05B	$13.14B	$12.32B	$12.10B	$10.72B	$9.906B	$6.083B	$4.582B	$4.195B	$3.236B	$3.272B	$3.563B	$2.564B	$2.268B	$2.046B	$1.780B
YoY Change	9.38%	-6.43%	1.87%	13.3%	4.57%	4.48%	-3.17%	-3.0%	15.11%	-11.38%	5.21%	4.94%	-1.54%	-3.48%	87.28%	-5.73%	11.68%	0.53%	6.26%	1.1%	-14.82%	4.97%	10.46%	13.08%	17.54%	44.98%	6.64%	1.88%	12.86%	8.2%	62.85%	32.76%	9.23%	29.64%	-1.1%	-8.17%	38.96%	13.05%	10.85%	14.94%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	2.537B shares	2.532B shares	2.530B shares	2.530B shares	2.565B shares	2.664B shares	2.730B shares	2.766B shares	2.816B shares	2.894B shares	2.963B shares	3.041B shares	3.071B shares	3.095K shares
Diluted Shares Outstanding	2.547B shares	2.542B shares	2.538B shares	2.541B shares	2.580B shares	2.679B shares	2.748B shares	2.787B shares	2.841B shares	2.928B shares	2.996B shares	3.076B shares	3.094B shares	3.120K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $256.43 Billion

About Merck & Co., Inc.

Merck & Co., Inc. is a health care company, which engages in the provision of health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. The company is headquartered in Rahway, New Jersey and currently employs 72,000 full-time employees. Its Pharmaceutical segment includes human health pharmaceutical and vaccine products. Human health pharmaceutical products consist of therapeutic and preventive agents, generally sold by prescription, for the treatment of human disorders. Human health vaccine products consist of preventive pediatric, adolescent and adult vaccines. The Animal Health segment discovers, develops, manufactures and markets a range of veterinary pharmaceutical and vaccine products, as well as health management solutions and services, for the prevention, treatment and control of disease in all major livestock and companion animal species. The company is also engaged in developed a novel class of small molecules that target cancer cells lacking expression of a key DNA repair protein called O6-methylguanine methyl transferase.

Industry: Pharmaceutical Preparations Peers: BRISTOL MYERS SQUIBB CO Catalent, Inc. ELI LILLY & Co JOHNSON & JOHNSON Organon & Co. PFIZER INC Royalty Pharma plc Viatris Inc Zoetis Inc.