Merck & Co., Inc. MRK

148.78 0.80 0.54% as of 25 Sep
Market cap
$365.4B
P/E
119×
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Growth Flags show if company had growth for consecutive years

Merck & Co., Inc. (MRK) Return on invested capital

Merck & Co., Inc.'s return on invested capital over the twelve months to 30 June 2026 was 5.08%, down 11.2 percentage points from fiscal 2025 (16.3%). Over the past ten years it has ranged from 2.87% (fiscal 2023) to 18.8% (fiscal 2024); the current reading is higher than 82% of that period. That is below the Drug Manufacturers General industry median of 6.30% and above the Healthcare sector median of 0.00%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2025 16.3% (2.54)
FY2024 18.8% 15.95
FY2023 2.87% (15.68)
FY2022 18.6% 4.99
FY2021 13.6% 5.44
FY2020 8.12% (4.82)
FY2019 12.9% (1.82)
FY2018 14.8% 5.80
FY2017 8.96% 2.12
FY2016 6.84% (1.71)

Against its own ten years

Low 2.87% High 18.8%
Ten-year median 12.9%
Current reading's percentile 82

Return on invested capital against peers

Company Return on invested capital
NVO Novo Nordisk A/S compare 28.7%
ABBV AbbVie Inc. compare 18.1%
JNJ Johnson & Johnson compare 15.5%
NVS Novartis AG compare 13.1%
AMGN Amgen Inc. compare 13.0%
AZN AstraZeneca PLC compare 11.7%
PFE Pfizer Inc. compare 6.30%
MRK Merck & Co., Inc. 5.08%
GILD Gilead Sciences, Inc. compare −4.48%
Drug Manufacturers General industry median 6.30%
Healthcare sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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