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Merck KGaA MRK.DE

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Merck KGaA financials (annual)

Revenue
€22.23B €20.99B €21.16B €21.10B 2022202320242025
Net income
€3.33B €2.82B €2.78B €2.61B 2022202320242025
Free cash flow
€2.45B €1.76B €2.40B €1.97B 2022202320242025

Bars are annual figures from 2022 to 2025; red bars are negative (a loss or cash outflow).

MetricFY2025FY2024FY2023FY2022
Revenue€21.1B€21.2B€21.0B€22.2B
Gross profit€12.3B€12.5B€12.4B€13.7B
R&D expense€2.4B€2.3B€2.4B€2.5B
SG&A expense€5.5B€5.4B€5.3B€5.4B
Operating income€3.7B€4.0B€3.6B€4.8B
Interest expense€386.0M€292.0M€321.0M€235.0M
Income tax€693.0M€751.0M€650.0M€948.0M
Net income€2.6B€2.8B€2.8B€3.3B
EPS (diluted)€6.00€6.39€6.49€7.65
Operating cash flow€3.9B€4.6B€3.8B€4.3B
Free cash flow€2.0B€2.4B€1.8B€2.5B
Cash & equivalents€2.3B€2.1B€1.6B€1.4B
Inventory€4.6B€4.5B€4.6B€4.6B
Goodwill€17.9B€19.1B€17.8B€18.4B
Total assets€51.5B€51.6B€48.5B€48.5B
Total debt€12.0B€10.3B€9.9B€10.4B
Total liabilities€22.9B€21.6B€21.7B€22.5B
Shareholders' equity€28.6B€29.9B€26.7B€25.9B

Growth · year-over-year · Revenue CAGR -1.7%

MetricFY2025FY2024FY2023FY2022
Revenue growth-0.3%+0.8%-5.6%
Net income growth-6.1%-1.7%-15.1%
EPS growth-6.1%-1.5%-15.2%
Free cash flow growth-17.8%+36.4%-28.2%

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · DE · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.