Merck & Co., Inc. (MRK) vs Roche Holding AG (RHHBY)

A side-by-side comparison of Merck & Co., Inc. and Roche Holding AG across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 27, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnMRK vs RHHBY

growth of $100 · dividends reinvested · last 10y
MRK +247.9% (+13.3%/yr)RHHBY +146.1% (+9.4%/yr)MRK compounded faster over this window
100200300Start $10020182020202220242026$348$246
MRK RHHBY

MRK vs RHHBY: by the numbers

  • MRK is the larger company ($369.34B vs $359.46B market cap).
  • RHHBY trades at the lower trailing earnings multiple (16.15 vs 122.48 P/E), one valuation lens rather than an overall verdict.
  • RHHBY converts more revenue to profit (20.33% vs 4.78% net margin).
  • MRK grew revenue faster over the past five years (7.87% vs 3.94% CAGR).
  • RHHBY pays the higher dividend yield (2.75% vs 2.19%).

Metrics side by side

Valuation

MetricMRKRHHBY
P/E ratio122.4816.15
Forward P/E55.7022.83
P/S ratio5.704.53
P/B ratio9.039.06
EV / EBITDA24.0614.21
FCF yield4.24%4.69%

Profitability

MetricMRKRHHBY
Gross margin75.38%73.73%
Operating margin36.17%29.16%
Net margin4.78%20.33%
ROE7.57%38.06%
ROIC5.80%19.71%

Dividends

MetricMRKRHHBY
Dividend yield2.19%2.75%
Payout ratio46.03%60.81%

Growth (annualized)

MetricMRKRHHBY
Revenue CAGR (5Y)7.87%3.94%
EPS CAGR (5Y)21.21%1.54%
FCF CAGR (5Y)23.61%5.54%
Total return CAGR (5Y)18.50%5.84%

Frequently asked

Which has the lower trailing P/E, MRK or RHHBY?
RHHBY has the lower trailing P/E: MRK trades at 122.48 and RHHBY at 16.15. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MRK or RHHBY?
Over the past five years, MRK grew revenue faster — MRK at a 7.87% CAGR versus RHHBY at 3.94%.
Does MRK or RHHBY pay a bigger dividend?
MRK yields 2.19% and RHHBY yields 2.75% based on trailing dividends and the latest price.
Is MRK or RHHBY more profitable?
RHHBY runs the higher net margin — MRK at 4.78% versus RHHBY at 20.33%.
How have MRK and RHHBY total returns compared?
Over the past 10 years, MRK delivered 13.26% and RHHBY delivered 9.59% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 27, 2026.