Skip to content

Merck & Co. MRK Free cash flow yield

Free cash flow yield at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
9.6%-0.9pp
Pfizer logo
PfizerPFE
7.8%+4.6pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
3%-2.1pp
Regeneron Pharmaceuticals logo
Regeneron PharmaceuticalsREGN
5%+0.6pp
United Therapeutics logo
United TherapeuticsUTHR
3.9%-4.2pp
Revolution Medicines, Inc. logo
Revolution Medicines, Inc.RVMD
-5.6%-1.6pp

Other financials

Income statement

See full
Revenue$16.3B+4.9%
Gross profit$12.1B-0.2%
Net income-$4.2B-183%
EPS (diluted)-$1.72-186%

Balance sheet

See full
Cash & equivalents$5.4B-38.2%
Total debt$49.1B+35.8%
Total equity$45.9B-5.1%
Total assets$128.69B+11.8%

Cash flow

See full
Operating cash flow$3.9B+56.7%
CapEx$991.0M-25.4%
Free cash flow$2.9B+150%

Valuation

See full
Market cap$285.12B+31.2%
Enterprise value$328.82B+34.2%
P/E31.9×+19.4×
P/S4.3×+0.9×

Profitability

See full
Gross margin73.9%-2.5pp
Net margin13.6%-13.7pp

Returns & leverage

See full
Return on equity19%-20.3pp
Debt / equity1.1×+0.3×
Current ratio1.3×-0.1×

Where this comes from

Calculated from Merck & Co.’s reported figures.

Based on trailing twelve months.

The official record: Merck & Co.’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

Ask your AI about Merck & Co.'s free cash flow yield.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Merck & Co.'s free cash flow yield?
Merck & Co. (MRK) reported free cash flow yield of 4.7% in Q1 2026.
How has Merck & Co.'s free cash flow yield changed year-over-year?
Merck & Co.'s free cash flow yield decreased by 36.8% year-over-year, from 7.5% to 4.7%.
What is the long-term trend for Merck & Co.'s free cash flow yield?
Over 4 years (2021 to 2025), Merck & Co.'s free cash flow yield has grown at a 16.2% compound annual growth rate (CAGR), from 14.1% to 25.8%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.