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Merck & Co., Inc. (MRK)
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Merck & Co., Inc. (MRK) Free Cash Flow (FCF): $12.36B

The free cash flow (FCF) for Merck & Co., Inc. (MRK) is $12.36B. It is below its 12-month average by 18.83% ($15.23B).

MRK Free Cash Flow (FCF) Chart

MRK Free Cash Flow (FCF)
$12.36B-31.70% 1Y
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MRK Average Free Cash Flow (FCF) Chart

MRK Current vs Average Free Cash Flow (FCF) Chart

MRK Free Cash Flow (FCF) Metrics

FREE CASH FLOW (FCF)

$12.36B

FREE CASH FLOW (FCF) AVG TTM

$15.23B

FREE CASH FLOW (FCF) AVG 3Y

$13.58B

FREE CASH FLOW (FCF) AVG 5Y

$11.63B

FREE CASH FLOW (FCF) AVG 10Y

$10.24B

FREE CASH FLOW (FCF) AVG 15Y

$9.86B

FREE CASH FLOW (FCF) AVG 20Y

$8.80B

CURRENT VS TTM AVG

-18.83%

CURRENT VS 3Y AVG

-8.96%

CURRENT VS 5Y AVG

+6.26%

CURRENT VS 10Y AVG

+20.70%

CURRENT VS 15Y AVG

+25.31%

CURRENT VS 20Y AVG

+40.38%

FCF Analysis

Free Cash Flow (TTM)

$12.36B

FCF Yield

4.77%

Price/FCF

20.9

Formula: FCF = Operating Cash Flow - Capital Expenditures

Why FCF matters:

  • Shows actual cash available (not accounting earnings)
  • Funds dividends, buybacks, and debt reduction
  • Less susceptible to accounting manipulation than net income
  • Key metric for DCF valuation models

Merck & Co., Inc. Free Cash Flow (FCF) Formula & Definition

Free Cash Flow represents the cash a company generates after accounting for capital expenditures. It's the cash available for dividends, buybacks, debt reduction, or reinvestment.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Merck & Co., Inc. Free Cash Flow (FCF) FAQ

What is the free cash flow (FCF) for Merck & Co., Inc. (MRK)?
The free cash flow (FCF) for MRK stock is $12.36B.
What is the TTM average free cash flow (FCF) for Merck & Co., Inc. (MRK)?
The TTM average free cash flow (FCF) for MRK stock is $15.23B.
What is the 3Y average free cash flow (FCF) for Merck & Co., Inc. (MRK)?
The 3Y average free cash flow (FCF) for MRK stock is $13.58B.
What is the 5Y average free cash flow (FCF) for Merck & Co., Inc. (MRK)?
The 5Y average free cash flow (FCF) for MRK stock is $11.63B.
What is the 10Y average free cash flow (FCF) for Merck & Co., Inc. (MRK)?
The 10Y average free cash flow (FCF) for MRK stock is $10.24B.
What is the 15Y average free cash flow (FCF) for Merck & Co., Inc. (MRK)?
The 15Y average free cash flow (FCF) for MRK stock is $9.86B.
What is the 20Y average free cash flow (FCF) for Merck & Co., Inc. (MRK)?
The 20Y average free cash flow (FCF) for MRK stock is $8.80B.

Merck & Co., Inc. Free Cash Flow (FCF) History

DATEFREE CASH FLOW (FCF)
2025-12-31$12.36B
2024-12-31$18.10B
2023-12-31$9.14B
2022-12-31$14.71B
2021-12-31$9.66B
2020-12-31$5.82B
2019-12-31$9.97B
2018-12-31$8.31B
2017-12-31$4.56B
2016-12-31$8.76B
2015-12-31$11.26B
2014-12-31$6.54B
2013-12-31$10.11B
2012-12-31$8.07B
2011-12-31$10.66B
2010-12-31$9.79B
2009-12-31$1.93B
2008-12-31$7.17B
2007-12-31$5.99B
2006-12-31$5.79B
2005-12-31$6.21B
2004-12-31$7.07B
2003-12-31$7.95B
2002-12-31$7.16B
2001-12-31$6.36B
2000-12-31$4.96B
1999-12-31$3.57B
1998-12-31$3.35B
1997-12-31$4.87B
1996-12-31$4.23B

About Merck & Co., Inc.

Merck & Co., Inc. is a global healthcare leader with operations spanning two core divisions: Pharmaceuticals and Animal Health. The Pharmaceutical segment is dedicated to human health, offering a broad spectrum of medicinal products. These cover crucial therapeutic areas such as oncology, acute hospital care, immunology, neuroscience, virology, cardiovascular conditions, and diabetes. This division also develops vital preventive vaccines for pediatric, adolescent, and adult populations. Meanwhile, the Animal Health segment focuses on the research, development, manufacturing, and marketing of veterinary medications, vaccines, and comprehensive health management solutions for animals. This division further provides innovative digital products designed for animal identification, traceability, and continuous monitoring. Merck's extensive clientele encompasses drug wholesalers, pharmacies, hospitals, and government agencies. It also serves managed healthcare organizations, including health maintenance organizations (HMOs) and pharmacy benefit managers, as well as various other institutional clients. Additionally, the company supplies products to individual physicians and their distributors, veterinarians, and livestock producers. The organization actively engages in strategic collaborations with companies such as AstraZeneca PLC, Bayer AG, Eisai Co., Ltd., Ridgeback Biotherapeutics, and Gilead Sciences, Inc. These partnerships are specifically aimed at the joint development and commercialization of prolonged-acting therapies for HIV. Established in 1891, Merck & Co., Inc. maintains its corporate headquarters in Kenilworth, New Jersey.

Rahway, NJ
73,000 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Robert Davis