$MRK
Merck & Co., Inc.

2023 Q3 Form 10-Q Financial Statement

#000162828023027770 Filed on August 07, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $15.96B $15.04B
YoY Change 6.7% 3.03%
Cost Of Revenue $4.264B $3.525B
YoY Change 24.17% -16.39%
Gross Profit $11.70B $11.51B
YoY Change 1.5% 10.92%
Gross Profit Margin 73.29% 76.55%
Selling, General & Admin $2.519B $2.625B
YoY Change 1.9% 4.5%
% of Gross Profit 21.53% 22.81%
Research & Development $3.307B $13.31B
YoY Change -5.41% 375.77%
% of Gross Profit 28.27% 115.66%
Depreciation & Amortization $1.014B $903.0M
YoY Change 5.74% -3.73%
% of Gross Profit 8.67% 7.85%
Operating Expenses $5.826B $15.94B
YoY Change -2.38% 200.13%
Operating Profit $5.872B -$4.427B
YoY Change 5.67% -187.37%
Interest Expense $317.0M -$194.0M
YoY Change -9.43% -180.83%
% of Operating Profit 5.4%
Other Income/Expense, Net -$126.0M $19.00M
YoY Change -83.27% -104.34%
Pretax Income $5.620B -$5.335B
YoY Change 56.85% -218.9%
Income Tax $870.0M $637.0M
% Of Pretax Income 15.48%
Net Earnings $4.745B -$5.975B
YoY Change 46.09% -251.5%
Net Earnings / Revenue 29.73% -39.74%
Basic Earnings Per Share $1.87 -$2.35
Diluted Earnings Per Share $1.86 -$2.35
COMMON SHARES
Basic Shares Outstanding 2.538B shares 2.537B shares
Diluted Shares Outstanding 2.546B shares 2.539B shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.773B $6.378B
YoY Change -22.0% -37.03%
Cash & Equivalents $8.605B $5.660B
Short-Term Investments $168.0M $718.0M
Other Short-Term Assets $6.656B $5.921B
YoY Change -7.77% -13.05%
Inventory $6.131B $5.930B
Prepaid Expenses
Receivables $10.39B $11.03B
Other Receivables $1.091B $718.0M
Total Short-Term Assets $31.95B $29.98B
YoY Change -4.79% -6.66%
LONG-TERM ASSETS
Property, Plant & Equipment $22.53B $22.23B
YoY Change 10.29% 10.83%
Goodwill $21.18B $21.20B
YoY Change 0.11% -0.08%
Intangibles $19.20B $19.67B
YoY Change -10.15% -12.59%
Long-Term Investments $2.636B $2.785B
YoY Change 56.07% 206.38%
Other Assets $10.56B $8.616B
YoY Change 18.92% -16.36%
Total Long-Term Assets $74.77B $74.49B
YoY Change 1.7% -0.65%
TOTAL ASSETS
Total Short-Term Assets $31.95B $29.98B
Total Long-Term Assets $74.77B $74.49B
Total Assets $106.7B $104.5B
YoY Change -0.33% -2.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.509B $3.442B
YoY Change 4.09% -1.15%
Accrued Expenses $14.13B $13.38B
YoY Change -0.62% -0.93%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $887.0M $2.839B
YoY Change -54.18% -4.7%
Total Short-Term Liabilities $23.09B $23.39B
YoY Change 0.42% 0.98%
LONG-TERM LIABILITIES
Long-Term Debt $33.97B $34.07B
YoY Change 19.28% 18.78%
Other Long-Term Liabilities $7.343B $7.265B
YoY Change -15.21% -18.84%
Total Long-Term Liabilities $41.32B $41.34B
YoY Change 11.24% 9.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.09B $23.39B
Total Long-Term Liabilities $41.32B $41.34B
Total Liabilities $64.41B $64.73B
YoY Change 7.1% 6.46%
SHAREHOLDERS EQUITY
Retained Earnings $57.08B $54.20B
YoY Change -4.75% -7.25%
Common Stock $46.15B $46.01B
YoY Change 0.25% 0.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $41.25B $38.69B
YoY Change
Total Liabilities & Shareholders Equity $106.7B $104.5B
YoY Change -0.33% -2.45%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $4.745B -$5.975B
YoY Change 46.09% -251.5%
Depreciation, Depletion And Amortization $1.014B $903.0M
YoY Change 5.74% -3.73%
Cash From Operating Activities $7.717B $3.704B
YoY Change 37.75% -13.9%
INVESTING ACTIVITIES
Capital Expenditures $902.0M $965.0M
YoY Change -180.11% -185.47%
Acquisitions
YoY Change
Other Investing Activities $568.0M -$10.48B
YoY Change 246.34% -20250.0%
Cash From Investing Activities -$334.0M -$11.44B
YoY Change -65.28% 962.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.269B 3.758B
YoY Change 57.99% -311.48%
NET CHANGE
Cash From Operating Activities 7.717B 3.704B
Cash From Investing Activities -334.0M -11.44B
Cash From Financing Activities -4.269B 3.758B
Net Change In Cash 3.114B -3.981B
YoY Change 60.68% -374.93%
FREE CASH FLOW
Cash From Operating Activities $7.717B $3.704B
Capital Expenditures $902.0M $965.0M
Free Cash Flow $6.815B $2.739B
YoY Change 1.29% -49.57%

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R69.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
mrk-20230630_cal.xml Edgar Link unprocessable