Create a free account

US · USD

MRK

Merck & Company Inc

US$145.31-2.66% (-US$3.97)
Day's range
US$145.26 – US$149.27
Day's volume
US$1.5bn
52-week range
US$80.14 – US$155.53

Follow MRK on Fuolio

See how MRK weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

MRK in numbers

Market cap
US$358.5bn
P/E
112.99
P/B
8.55
Dividend yield (12m)
2.34%

The 12-month dividend yield of MRK is 2.34%, below its 5-year average of 2.93%.

MRK price history

01/10/202530/09/2026
Compare with

MRK risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+73.97%+55.04%+92.30%
Volatility (annualised)29.30%24.18%23.70%
Largest drawdown-11.17%-40.04%-40.04%
Positive months9/1218/3631/60

How much did investing in MRK return?

US$1,000.00 invested on 01/10/2021 would be worth US$1,923.04 today.

Value today in MRK
US$1,923.04
Return over the period
+92.30%
Return per year
+13.98%
In the S&P 500
US$1,661.44

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

MRK fundamentals

Valuation

  • P/E
    112.99
  • P/B
    8.55
  • EV/EBITDA
    —
  • EV/EBIT
    —
  • EV/Revenue
    6.05
  • P/EBIT
    —
  • P/S
    5.39
  • P/OCF
    17.95
  • P/FCF
    22.32
  • Earnings yield
    —
  • PEG ratio
    —
  • Earnings per share
    US$1.29
  • Book value per share
    US$17.00

Debt

  • Net debt
    US$43.9bn
  • Net debt/EBITDA
    —
  • Net debt/Equity
    1.05
  • Debt/Equity
    1.22
  • Current ratio
    1.32
  • Quick ratio
    1.10
  • Cash ratio
    0.26

Efficiency

  • Gross margin
    72.97%
  • EBITDA margin
    —
  • Operating margin
    —
  • Net margin
    4.77%
  • Asset turnover
    0.51

Profitability

  • ROE
    7.57%
  • ROA
    2.44%
  • ROIC
    —
  • Payout
    264.37%

Growth

  • Revenue CAGR (5 years)
    8.68%
  • Earnings CAGR (5 years)
    -10.65%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is MRK's fair price?

Two classic value formulas, with today's numbers. The current price is US$145.31.

Graham's fair price
US$22.18
84.74% below the price

√(22.50 × US$1.29 × US$17.00)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
US$48.47
66.64% below the price

US$2.91 (5-year average) ÷ 6%

Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.

Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.

MRK indicators by year

Multiples at each year's closing price; margins and returns from that year's accounts.

Indicator20252024202320222021202020192018
P/E14.2614.68756.4619.4015.6929.2923.4431.71
P/B4.955.437.356.125.078.188.907.39
Dividend yield3.08%3.10%2.68%2.49%3.31%2.98%2.42%2.51%
Earnings per shareUS$7.38US$6.78US$0.14US$5.72US$4.88US$2.79US$3.88US$2.41
Book value per shareUS$21.28US$18.33US$14.84US$18.12US$15.11US$10.01US$10.21US$10.34
ROE34.70%36.96%0.97%31.57%32.33%27.91%37.99%23.30%
Gross margin74.80%76.32%73.17%70.63%72.02%67.20%69.29%68.06%
Net margin28.08%26.68%0.61%24.49%25.35%17.02%25.16%14.71%

MRK financial statements

Line202520242023202220212020
Net revenueUS$65bnUS$64.2bnUS$60.1bnUS$59.3bnUS$48.7bnUS$41.5bn
Cost of sales-US$16.4bn-US$15.2bn-US$16.1bn-US$17.4bn-US$13.6bn-US$13.6bn
Gross profitUS$48.6bnUS$49bnUS$44bnUS$41.9bnUS$35.1bnUS$27.9bn
EBITDA——————
EBIT——————
Net finance result——————
Profit before taxUS$21.1bnUS$19.9bnUS$1.9bnUS$16.4bnUS$13.9bnUS$5.9bn
Income tax-US$2.8bn-US$2.8bn-US$1.5bn-US$1.9bn-US$1.5bn-US$1.3bn
Net incomeUS$18.3bnUS$17.1bnUS$365mUS$14.5bnUS$12.3bnUS$7.1bn

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does MRK pay dividends?

Announced payments
TypeLast day to ownPaymentPer share
Dividend14/09/202607/10/2026US$0.85

Dividend yield per year

  • 3.34%2017
  • 2.51%2018
  • 2.42%2019
  • 2.98%2020
  • 3.31%2021
  • 2.49%2022
  • 2.68%2023
  • 3.10%2024
  • 3.08%2025
  • 1.75%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend12/06/202608/07/2026US$0.85
Dividend13/03/202607/04/2026US$0.85
Dividend12/12/202508/01/2026US$0.85
Dividend12/09/202507/10/2025US$0.81
Dividend13/06/202508/07/2025US$0.81
Dividend14/03/202507/04/2025US$0.81
Dividend13/12/202408/01/2025US$0.81
Dividend13/09/202407/10/2024US$0.77
Dividend14/06/202408/07/2024US$0.77
Dividend13/03/202405/04/2024US$0.77
Dividend13/12/202308/01/2024US$0.77
Dividend13/09/202306/10/2023US$0.73
See all 39 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend13/06/202310/07/2023US$0.73
Dividend13/03/202310/04/2023US$0.73
Dividend13/12/202209/01/2023US$0.73
Dividend13/09/202207/10/2022US$0.69
Dividend13/06/202208/07/2022US$0.69
Dividend11/03/202207/04/2022US$0.69
Dividend13/12/202107/01/2022US$0.69
Dividend13/09/202107/10/2021US$0.65
Dividend11/06/202107/07/2021US$0.65
Dividend11/03/202107/04/2021US$0.62
Dividend11/12/202008/01/2021US$0.62
Dividend11/09/202007/10/2020US$0.58
Dividend11/06/202007/07/2020US$0.58
Dividend12/03/202007/04/2020US$0.58
Dividend12/12/201908/01/2020US$0.58
Dividend12/09/201907/10/2019US$0.52
Dividend13/06/201908/07/2019US$0.52
Dividend13/03/201905/04/2019US$0.52
Dividend13/12/201808/01/2019US$0.52
Dividend13/09/201805/10/2018US$0.46
Dividend13/06/201809/07/2018US$0.46
Dividend13/03/201806/04/2018US$0.46
Dividend13/12/201708/01/2018US$0.46
Dividend13/09/201706/10/2017US$0.45
Dividend12/06/201710/07/2017US$0.45
Dividend10/03/201707/04/2017US$0.45
Dividend12/12/201609/01/2017US$0.45

About Merck & Company

Sector
Manufacturing

Questions about MRK

How much is MRK today?

MRK is at US$145.31 (-2.66% on the day), last traded on 30/09/2026.

How much did MRK pay in dividends in 2025?

MRK paid US$3.24 per share in 2025, a dividend yield of 3.08%.

When is the next MRK dividend?

The next announced payment is US$0.85 per share on 07/10/2026.

What are the P/E and P/B of MRK?

MRK trades at a P/E of 112.99 and a P/B of 8.55.

How much did MRK return in 12 months?

MRK returned 73.97% in 12 months, with annualised volatility of 29.30% and a largest drawdown of -11.17%.