MRK NYSE
Merck & Co., Inc.
1W: +2.2%
1M: +2.6%
3M: -5.2%
YTD: +8.8%
1Y: +52.9%
3Y: +8.6%
5Y: +80.3%
$122.41
+6.53 (+5.64%)
Weekly Expected Move ±3.4%
$104
$108
$111
$115
$119
Overview
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Income Statement
Cash Flow
Balance Sheet
Earnings
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Analysis
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Institutions
ETF Exposure
Dark Pool
Short Interest
Supply Chain
Cash Flow Trends
Operating Cash Flow
$16.5B
-23.3% ▼
5Y CAGR: +9.9%
Capital Expenditures
$4.1B
-21.9% ▼
5Y CAGR: -2.6%
Free Cash Flow
$12.4B
-31.7% ▼
5Y CAGR: +17.3%
Dividends Paid
$8.2B
-4.3% ▼
Buybacks
$5.1B
-289.3% ▼
Net Change in Cash
$1.4B
-78.6% ▼
Cash Flow Composition
Year-over-Year Growth
View Full Cash Flow Statement
| Line Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| — Operating Activities — | |||||
| Net Income | $12.4B | $14.5B | $365M | $17.1B | $18.3B |
| Depreciation & Amort. | $3.2B | $3.9B | $3.9B | $4.5B | $5.8B |
| Stock-Based Comp. | $479M | $541M | $645M | $761M | $0 |
| Change in Working Capital | -$3.8B | -$2.8B | -$2.2B | -$3.7B | -$7.0B |
| Other Non-Cash Items | $1.7B | $4.5B | $12.2B | $4.0B | $1.0B |
| Operating Cash Flow | $14.1B | $19.1B | $13.0B | $21.5B | $16.5B |
| — Investing Activities — | |||||
| Capital Expenditures | -$4.4B | -$4.4B | -$3.9B | -$3.4B | -$4.1B |
| Acquisitions (Net) | -$12.9B | -$121M | -$12.0B | -$4.1B | -$10.0B |
| Investment Purchases | -$1M | -$1.2B | -$955M | -$519M | -$1.2B |
| Investment Sales | $1.0B | $721M | $1.7B | $377M | $1.7B |
| Other Investing | -$225M | $32M | $1.1B | -$127M | -$58M |
| Investing Cash Flow | -$16.6B | -$5.0B | -$14.1B | -$7.7B | -$13.7B |
| — Financing Activities — | |||||
| Net Debt Issuance | $1.6B | -$2.3B | $4.2B | $2.3B | $11.4B |
| Stock Repurchased | -$840M | $0 | -$1.3B | -$1.3B | -$5.1B |
| Dividends Paid | -$6.6B | -$7.0B | -$7.4B | -$7.8B | -$8.2B |
| Other Financing | $8.4B | -$240M | -$203M | -$195M | -$131M |
| Financing Cash Flow | $2.6B | -$9.1B | -$4.8B | -$7.0B | -$1.9B |
| Net Change in Cash | $14M | $4.6B | -$5.9B | $6.4B | $1.4B |
| Cash End of Period | $8.2B | $12.8B | $6.9B | $13.3B | $14.7B |
| Free Cash Flow | $9.7B | $14.7B | $9.1B | $18.1B | $12.4B |