Merck & Co., Inc.
New York Stock ExchangeTotal Valuation
Merck & Co., Inc. carries a market capitalization of 376.25B, placing it among publicly traded companies globally. Its enterprise value stands at 364.04B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 376.25B |
| Enterprise Value | 364.04B |
Share Statistics
Merck & Co., Inc. currently has 2.47B shares outstanding.
| Shares Outstanding | 2.47B |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Merck & Co., Inc. trades at a trailing price-to-earnings ratio of 100.24. The price-to-sales ratio is 4.78, and the price-to-book ratio stands at 7.56.
| PE Ratio | 100.24 |
| PS Ratio | 4.78 |
| PB Ratio | 7.56 |
| P/TBV Ratio | -68.56 |
| P/FCF Ratio | 15.97 |
| P/OCF Ratio | 15.93 |
Enterprise Valuation
On an enterprise value basis, Merck & Co., Inc. trades at an EV/EBITDA multiple of 26.57 and an EV/FCF ratio of 17.42. The EV/Sales ratio of 5.47 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 52.12 provides insight into valuation relative to core operating earnings.
| EV / Sales | 5.47 |
| EV / EBITDA | 26.57 |
| EV / EBIT | 52.12 |
| EV / FCF | 17.42 |
Financial Position
Merck & Co., Inc. maintains a current ratio of 1.32, meaning it holds 1.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 128.40, indicating elevated leverage, while an interest coverage ratio of 7.86 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 1.32 |
| Quick Ratio | 0.71 |
| Debt / Equity | 128.40 |
| Debt / EBITDA | 3.93 |
| Interest Coverage | 7.86 |
Financial Efficiency
Merck & Co., Inc. posts a return on equity of 6.98 and a return on invested capital of 3.95.
| Return on Equity (ROE) | 6.98 |
| Return on Assets (ROA) | 2.57 |
| Return on Invested Capital (ROIC) | 3.95 |
| Return on Capital Employed (ROCE) | 4.55 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 2.81 |
Taxes
Over the trailing twelve months, Merck & Co., Inc. has paid 2.78B in income taxes, reflecting an effective tax rate of 46.72.
| Income Tax | 2.78B |
| Effective Tax Rate | 46.72 |
Stock Price Statistics
Merck & Co., Inc.'s stock has gained approximately 80.96935% over the past 52 weeks. The 50-day moving average sits at 133.46, while the 200-day moving average is 117.82.
| Beta (5Y) | N/A |
| 52-Week Price Change | 80.96935% |
| 50-Day Moving Average | 133.46 |
| 200-Day Moving Average | 117.82 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Merck & Co., Inc. generated 66.57B in revenue and converted that into 3.17B in net income, yielding earnings per share of 1.28. EBITDA reached 13.70B, while operating income came in at 6.99B.
| Revenue | 66.57B |
| Gross Profit | 48.57B |
| Operating Income | 6.99B |
| Pretax Income | 5.95B |
| Net Income | 3.17B |
| EBITDA | 13.70B |
| EBIT | 6.99B |
| Earnings Per Share (EPS) | 1.28 |
Balance Sheet
Merck & Co., Inc. holds 7.14B in cash and equivalents against 53.91B in total debt, resulting in a net debt position of 47.06B. Total book value stands at 41.93B, with working capital of 8.95B providing operational flexibility.
| Cash & Cash Equivalents | 7.14B |
| Total Debt | 53.91B |
| Net Debt | 47.06B |
| Equity (Book Value) | 41.93B |
| Book Value Per Share | 16.99 |
| Working Capital | 8.95B |
Cash Flow
Merck & Co., Inc. produced 19.97B in operating cash flow over the past twelve months.
| Operating Cash Flow | 19.97B |
| Capital Expenditures | N/A |
| Free Cash Flow | 19.97B |
| FCF Per Share | 8.07 |
Margins
Merck & Co., Inc. operates with a gross margin of 72.97, reflecting its pricing power and cost economics. The operating margin of 10.49 and net profit margin of 4.77 provide insight into operational efficiency.
| Gross Margin | 72.97 |
| Operating Margin | 10.49 |
| Pretax Margin | 8.94 |
| Profit Margin | 4.77 |
| EBITDA Margin | 20.58 |
Dividends & Yields
The company's payout ratio of 262.18 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 3.35 |
| Dividend Yield | N/A |
| Payout Ratio | 262.18 |
| Shareholder Yield | -1.95 |
| FCF Yield | 6.26 |
Stock Splits
Merck & Co., Inc.'s most recent stock split took place on June 3, 2021 with a 125:131 split ratio.
| Last Split Date | 6/3/2021 |
| Split Ratio | 125:131 |
Scores
Merck & Co., Inc. posts an Altman Z-Score of 4.44, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 4.44 |