Merck & Co., Inc.MRKNYSE

Revenue CAGR (5Y)

+9.4%

Margin Trend

improving

Free Cash Flow

Turned negative

Profitability

Profitable

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Revenue	48,704	59,283↑21.7%	60,115↑1.4%	64,168↑6.7%	65,011↑1.3%
Gross Profit	35,078	41,872↑19.4%	43,989↑5.1%	48,975↑11.3%	52,984↑8.2%
Operating Income	13,199	18,282↑38.5%	2,954↓83.8%	20,221↑584.5%	26,779↑32.4%
Net Income	13,049	14,519↑11.3%	365↓97.5%	17,117↑4589.6%	18,254↑6.6%
EBITDA	17,899	21,315↑19.1%	6,907↓67.6%	25,706↑272.2%	25,360↓1.3%
EPS Diluted	5.14	5.71↑11.1%	0.14↓97.5%	6.74↑4714.3%	7.28↑8.0%

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Values in millions except EPS · Ratios shown as percentages

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