MRK - Merck & Co., Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$118.78
DETAILS
HIGH:
$135.00
LOW:
$90.00
MEDIAN:
$120.00
CONSENSUS:
$118.78
UPSIDE:
9.14%
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 64,168.0 | 60,115.0 | 59,283.0 | 48,704.0 | 41,518.0 | 39,121.0 | 42,294.0 | 40,122.0 | 39,807.0 | 39,498.0 |
| Cost of Revenue | 15,193.0 | 16,126.0 | 17,411.0 | 13,626.0 | 13,618.0 | 12,016.0 | 13,509.0 | 12,912.0 | 14,030.0 | 14,934.0 |
| Gross Profit | 48,975.0 | 43,989.0 | 41,872.0 | 35,078.0 | 27,900.0 | 27,105.0 | 28,785.0 | 27,210.0 | 25,777.0 | 24,564.0 |
| Operating Expenses | ||||||||||
| R&D Expenses | 17,938.0 | 30,531.0 | 13,548.0 | 12,245.0 | 13,397.0 | 9,724.0 | 9,752.0 | 10,339.0 | 10,261.0 | 6,704.0 |
| SG&A Expenses | 10,100.0 | 9,884.0 | 9,669.0 | 9,403.0 | 8,569.0 | 9,455.0 | 10,102.0 | 10,074.0 | 10,017.0 | 10,313.0 |
| Other Expenses | 716.0 | 620.0 | 373.0 | 231.0 | 386.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating Expenses | 28,754.0 | 41,035.0 | 23,590.0 | 21,879.0 | 22,352.0 | 19,179.0 | 19,854.0 | 20,413.0 | 20,278.0 | 17,017.0 |
| Operating Income | ||||||||||
| Operating Income | 20,221.0 | 2,954.0 | 18,282.0 | 13,199.0 | 5,548.0 | 7,926.0 | 8,931.0 | 6,797.0 | 5,499.0 | 7,547.0 |
| Interest Expense | 1,271.0 | 1,146.0 | 962.0 | 806.0 | 831.0 | 893.0 | 772.0 | 754.0 | 693.0 | 672.0 |
| Interest Income | 415.0 | 365.0 | 157.0 | 36.0 | 59.0 | 274.0 | 343.0 | 385.0 | 328.0 | 289.0 |
| Profitability | ||||||||||
| EBITDA | 25,706.0 | 6,907.0 | 21,315.0 | 17,899.0 | 10,180.0 | 11,374.0 | 13,992.0 | 11,951.0 | 10,823.0 | 12,448.0 |
| EBIT | 21,207.0 | 3,035.0 | 17,406.0 | 14,685.0 | 6,694.0 | 8,064.0 | 9,473.0 | 7,275.0 | 5,352.0 | 6,073.0 |
| Income Before Tax | 19,936.0 | 1,889.0 | 16,444.0 | 13,879.0 | 5,863.0 | 7,171.0 | 8,701.0 | 6,521.0 | 4,659.0 | 5,401.0 |
| Income Tax Expense | 2,803.0 | 1,512.0 | 1,918.0 | 1,521.0 | 1,340.0 | 1,565.0 | 2,508.0 | 4,103.0 | 718.0 | 942.0 |
| Net Income | 17,117.0 | 365.0 | 14,519.0 | 13,049.0 | 7,067.0 | 9,843.0 | 6,220.0 | 2,394.0 | 3,920.0 | 4,442.0 |
| Per Share Data | ||||||||||
| EPS (Basic) | 6.76 | 0.14 | 5.73 | 5.16 | 2.79 | 3.84 | 2.40 | 0.95 | 2.07 | 1.60 |
| EPS (Diluted) | 6.74 | 0.14 | 5.71 | 5.14 | 2.78 | 3.82 | 2.32 | 0.93 | 2.04 | 1.56 |
| Shares Outstanding | 2,532.0 | 2,607.1 | 2,532.0 | 2,530.0 | 2,530.0 | 2,565.0 | 2,592.6 | 2,696.6 | 2,748.7 | 2,781.1 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 13,242.0 | 6,841.0 | 12,694.0 | 8,096.0 | 8,050.0 | 9,676.0 | 7,965.0 | 6,092.0 | 6,515.0 | 8,524.0 |
| Short-Term Investments | 447.0 | 252.0 | 498.0 | 0.0 | 0.0 | 774.0 | 899.0 | 2,406.0 | 7,826.0 | 4,903.0 |
| Net Receivables | 10,278.0 | 10,349.0 | 9,450.0 | 9,230.0 | 6,803.0 | 6,778.0 | 7,071.0 | 6,873.0 | 7,018.0 | 6,484.0 |
| Inventory | 6,109.0 | 6,358.0 | 5,911.0 | 5,953.0 | 5,554.0 | 5,978.0 | 5,440.0 | 5,096.0 | 4,866.0 | 4,700.0 |
| Other Current Assets | 8,706.0 | 8,368.0 | 7,169.0 | 6,987.0 | 7,357.0 | 4,277.0 | 4,500.0 | 4,299.0 | 4,389.0 | 5,140.0 |
| Total Current Assets | 38,782.0 | 32,168.0 | 35,722.0 | 30,266.0 | 27,764.0 | 27,483.0 | 25,875.0 | 24,766.0 | 30,614.0 | 29,751.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 23,779.0 | 23,051.0 | 21,422.0 | 19,279.0 | 17,000.0 | 15,053.0 | 13,291.0 | 12,439.0 | 12,026.0 | 12,507.0 |
| Goodwill | 21,668.0 | 21,197.0 | 21,204.0 | 21,264.0 | 18,882.0 | 19,425.0 | 18,253.0 | 18,284.0 | 18,162.0 | 17,723.0 |
| Intangible Assets | 16,370.0 | 18,011.0 | 20,269.0 | 22,933.0 | 14,101.0 | 14,196.0 | 13,104.0 | 14,183.0 | 17,305.0 | 22,602.0 |
| Long-Term Investments | 463.0 | 252.0 | 1,015.0 | 370.0 | 785.0 | 1,469.0 | 6,233.0 | 12,125.0 | 11,416.0 | 13,039.0 |
| Other Non-Current Assets | 16,044.0 | 11,996.0 | 9,528.0 | 11,582.0 | 13,056.0 | 6,771.0 | 5,881.0 | 6,075.0 | 5,854.0 | 6,055.0 |
| Total Non-Current Assets | 78,324.0 | 74,507.0 | 73,438.0 | 75,428.0 | 63,824.0 | 56,914.0 | 56,762.0 | 63,106.0 | 64,763.0 | 71,926.0 |
| Total Assets | 117,106.0 | 106,675.0 | 109,160.0 | 105,694.0 | 91,588.0 | 84,397.0 | 82,637.0 | 87,872.0 | 95,377.0 | 101,677.0 |
| Current Liabilities | ||||||||||
| Account Payables | 4,079.0 | 3,922.0 | 4,264.0 | 4,609.0 | 4,327.0 | 3,738.0 | 3,318.0 | 3,102.0 | 2,807.0 | 2,533.0 |
| Short-Term Debt | 2,649.0 | 1,372.0 | 1,946.0 | 2,412.0 | 6,431.0 | 3,610.0 | 5,308.0 | 3,057.0 | 568.0 | 2,583.0 |
| Deferred Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Current Liabilities | (282.0) | (285.0) | (281.0) | (304.0) | 795.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Current Liabilities | 28,420.0 | 25,694.0 | 24,239.0 | 23,872.0 | 27,327.0 | 22,220.0 | 22,206.0 | 18,614.0 | 17,204.0 | 19,201.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 34,462.0 | 33,683.0 | 28,745.0 | 30,690.0 | 25,360.0 | 22,736.0 | 19,806.0 | 21,353.0 | 24,274.0 | 23,829.0 |
| Deferred Tax Liabilities | 1,387.0 | 871.0 | 1,795.0 | 3,441.0 | 1,005.0 | 1,470.0 | 1,702.0 | 2,219.0 | 5,077.0 | 6,535.0 |
| Other Non-Current Liabilities | 5,588.0 | 7,864.0 | 7,310.0 | 8,209.0 | 11,157.0 | 11,202.0 | 12,041.0 | 11,117.0 | 8,514.0 | 7,345.0 |
| Total Non-Current Liabilities | 42,314.0 | 43,346.0 | 38,863.0 | 43,565.0 | 38,857.0 | 36,176.0 | 33,549.0 | 34,689.0 | 37,865.0 | 37,709.0 |
| Total Liabilities | 70,734.0 | 69,040.0 | 63,102.0 | 67,437.0 | 66,184.0 | 58,396.0 | 55,755.0 | 53,303.0 | 55,069.0 | 56,910.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 1,788.0 | 1,788.0 | 1,788.0 | 1,788.0 | 1,788.0 | 1,788.0 | 1,788.0 | 1,788.0 | 1,788.0 | 1,788.0 |
| Retained Earnings | 63,069.0 | 53,895.0 | 61,081.0 | 53,696.0 | 47,362.0 | 46,602.0 | 42,579.0 | 41,350.0 | 44,133.0 | 45,348.0 |
| Accumulated Other Comprehensive Income | (4,945.0) | (5,161.0) | (4,768.0) | (4,429.0) | (6,634.0) | (6,193.0) | (5,545.0) | (4,910.0) | (5,226.0) | (4,148.0) |
| Total Stockholders' Equity | 46,313.0 | 37,581.0 | 45,991.0 | 38,184.0 | 25,317.0 | 25,907.0 | 26,701.0 | 34,336.0 | 40,088.0 | 44,676.0 |
| Total Liabilities & Equity | 117,106.0 | 106,675.0 | 109,160.0 | 105,694.0 | 91,588.0 | 84,397.0 | 82,637.0 | 87,872.0 | 95,377.0 | 101,677.0 |
| Debt Metrics | ||||||||||
| Total Debt | 38,270.0 | 36,268.0 | 31,985.0 | 34,631.0 | 33,417.0 | 27,351.0 | 25,114.0 | 24,410.0 | 24,842.0 | 26,412.0 |
| Net Debt | 25,028.0 | 29,427.0 | 19,291.0 | 26,535.0 | 25,367.0 | 17,675.0 | 17,149.0 | 18,318.0 | 18,327.0 | 17,888.0 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 17,133.0 | 365.0 | 14,526.0 | 12,358.0 | 7,082.0 | 9,777.0 | 6,193.0 | 2,418.0 | 3,941.0 | 4,459.0 |
| Depreciation & Amortization | 4,499.0 | 3,872.0 | 3,909.0 | 3,214.0 | 3,625.0 | 3,652.0 | 4,519.0 | 4,637.0 | 5,441.0 | 6,375.0 |
| Stock-Based Compensation | 761.0 | 645.0 | 541.0 | 479.0 | 441.0 | 417.0 | 348.0 | 312.0 | 300.0 | 299.0 |
| Change in Working Capital | (3,667.0) | (2,205.0) | (2,782.0) | (3,839.0) | (4,590.0) | (2,067.0) | (1,553.0) | (5,021.0) | (2,601.0) | (268.0) |
| Other Non-Cash Items | 3,991.0 | 12,228.0 | 4,469.0 | 1,710.0 | 4,363.0 | 2,217.0 | 1,924.0 | 6,722.0 | 4,816.0 | 2,320.0 |
| Operating Cash Flow | 21,468.0 | 13,006.0 | 19,095.0 | 14,109.0 | 10,253.0 | 13,440.0 | 10,922.0 | 6,447.0 | 10,376.0 | 12,421.0 |
| Investing Activities | ||||||||||
| Capital Expenditure | (3,372.0) | (3,863.0) | (4,388.0) | (4,448.0) | (4,684.0) | (3,473.0) | (2,615.0) | (1,888.0) | (1,614.0) | (1,283.0) |
| Acquisitions | (4,093.0) | (12,032.0) | (121.0) | (12,907.0) | (6,606.0) | (4,954.0) | (431.0) | (396.0) | (780.0) | (7,428.0) |
| Purchases of Investments | (519.0) | (955.0) | (1,204.0) | (1.0) | (1,095.0) | (3,202.0) | (7,994.0) | (10,739.0) | (15,651.0) | (16,681.0) |
| Sales/Maturities of Investments | 377.0 | 1,658.0 | 721.0 | 1,026.0 | 2,812.0 | 8,622.0 | 15,252.0 | 15,664.0 | 14,353.0 | 20,413.0 |
| Other Investing Activities | (127.0) | 1,109.0 | 32.0 | (225.0) | 130.0 | 378.0 | 102.0 | 38.0 | 482.0 | 221.0 |
| Investing Cash Flow | (7,734.0) | (14,083.0) | (4,960.0) | (16,555.0) | (9,443.0) | (2,629.0) | 4,314.0 | 2,679.0 | (3,210.0) | (4,758.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 2,309.0 | 4,184.0 | (2,251.0) | 1,631.0 | 5,011.0 | 1,248.0 | 837.0 | (1,129.0) | (1,307.0) | 3,492.0 |
| Stock Repurchased | (1,306.0) | (1,346.0) | 0.0 | (840.0) | (1,281.0) | (4,780.0) | (9,091.0) | (4,014.0) | (3,434.0) | (4,186.0) |
| Dividends Paid | (7,840.0) | (7,445.0) | (7,012.0) | (6,610.0) | (6,215.0) | (5,695.0) | (5,172.0) | (5,167.0) | (5,124.0) | (5,117.0) |
| Other Financing Activities | (195.0) | (203.0) | (240.0) | 8,412.0 | (347.0) | 366.0 | 266.0 | 304.0 | 821.0 | 424.0 |
| Financing Cash Flow | (7,032.0) | (4,810.0) | (9,119.0) | 2,593.0 | (2,832.0) | (8,861.0) | (13,160.0) | (10,006.0) | (9,044.0) | (5,387.0) |
| Cash Position | ||||||||||
| Net Change in Cash | 6,409.0 | (5,864.0) | 4,606.0 | 14.0 | (1,769.0) | 1,967.0 | 1,871.0 | (423.0) | (2,009.0) | 1,083.0 |
| Cash at Beginning | 6,909.0 | 12,773.0 | 8,167.0 | 8,153.0 | 9,934.0 | 7,967.0 | 6,096.0 | 6,515.0 | 8,524.0 | 7,441.0 |
| Cash at End | 13,318.0 | 6,909.0 | 12,773.0 | 8,167.0 | 8,165.0 | 9,934.0 | 7,967.0 | 6,092.0 | 6,515.0 | 8,524.0 |
| Free Cash Flow | 18,096.0 | 9,143.0 | 14,707.0 | 9,661.0 | 5,569.0 | 9,967.0 | 8,307.0 | 4,559.0 | 8,762.0 | 11,138.0 |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 64,168.0 | 60,115.0 | 59,283.0 | 48,704.0 | 41,518.0 | 39,121.0 | 42,294.0 | 40,122.0 | 39,807.0 | 39,498.0 |
| Gross Profit | 48,975.0 | 43,989.0 | 41,872.0 | 35,078.0 | 27,900.0 | 27,105.0 | 28,785.0 | 27,210.0 | 25,777.0 | 24,564.0 |
| Operating Income | 20,221.0 | 2,954.0 | 18,282.0 | 13,199.0 | 5,548.0 | 7,926.0 | 8,931.0 | 6,797.0 | 5,499.0 | 7,547.0 |
| Net Income | 17,117.0 | 365.0 | 14,519.0 | 13,049.0 | 7,067.0 | 9,843.0 | 6,220.0 | 2,394.0 | 3,920.0 | 4,442.0 |
| EPS (Diluted) | 6.74 | 0.14 | 5.71 | 5.14 | 2.78 | 3.82 | 2.32 | 0.93 | 2.04 | 1.56 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 13,242.0 | 6,841.0 | 12,694.0 | 8,096.0 | 8,050.0 | 9,676.0 | 7,965.0 | 6,092.0 | 6,515.0 | 8,524.0 |
| Total Assets | 117,106.0 | 106,675.0 | 109,160.0 | 105,694.0 | 91,588.0 | 84,397.0 | 82,637.0 | 87,872.0 | 95,377.0 | 101,677.0 |
| Total Debt | 38,270.0 | 36,268.0 | 31,985.0 | 34,631.0 | 33,417.0 | 27,351.0 | 25,114.0 | 24,410.0 | 24,842.0 | 26,412.0 |
| Stockholders' Equity | 46,313.0 | 37,581.0 | 45,991.0 | 38,184.0 | 25,317.0 | 25,907.0 | 26,701.0 | 34,336.0 | 40,088.0 | 44,676.0 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 21,468.0 | 13,006.0 | 19,095.0 | 14,109.0 | 10,253.0 | 13,440.0 | 10,922.0 | 6,447.0 | 10,376.0 | 12,421.0 |
| Capital Expenditure | (3,372.0) | (3,863.0) | (4,388.0) | (4,448.0) | (4,684.0) | (3,473.0) | (2,615.0) | (1,888.0) | (1,614.0) | (1,283.0) |
| Free Cash Flow | 18,096.0 | 9,143.0 | 14,707.0 | 9,661.0 | 5,569.0 | 9,967.0 | 8,307.0 | 4,559.0 | 8,762.0 | 11,138.0 |