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Merck & Co., Inc. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes, as well as vaccine products, such as preventive pediatric, adolescent, and adult vaccines. The Animal Health segment discovers, develops, manufactures, and markets veterinary pharmaceuticals, vaccines, and health management solutions and services, as well as digitally connected identification, traceability, and monitoring products. The company serves drug wholesalers and retailers, hospitals, and government agencies; managed health care providers, such as health maintenance organizations, pharmacy benefit managers, and other institutions; and physicians and physician distributors, veterinarians, and animal producers. It has collaborations with AstraZeneca PLC; Bayer AG; Eisai Co., Ltd.; Ridgeback Biotherapeutics LP; and Gilead Sciences, Inc. to jointly develop and commercialize long-acting treatments in HIV, as well as a collaboration with Bionomics to identify novel a7 nAChR PAMs suitable for the treatment of cognitive disorder; and clinical trial collaboration and supply agreement with Ankyra Therapeutics to evaluate ANK-101 in combination with KEYTRUDA (pembrolizumab) in patients with advanced solid tumors, as well as a clinical trial collaboration and supply agreement with Phanes Therapeutics, Inc. to evaluate PT886 in combination with KEYTRUDA for the treatment of claudin 18.2 positive gastric or gastroesophageal junction adenocarcinomas, as well as a development and commercialization agreement with Daiichi Sankyo Company, Limited to jointly develop and commercialize Daiichi Sankyo's DXd antibody drug conjugate (ADC) candidates and a collaboration with HiberCell, Inc. Merck & Co., Inc. was founded in 1891 and is headquartered in Rahway, New Jersey.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Merck & Co is a global healthcare company that discovers, develops and commercializes prescription medicines, vaccines and animal health products. Long-term growth may be driven by its oncology and immunology franchises, vaccine portfolio, an active R&D pipeline and global commercial scale. Investors may find the company attractive for its diversified product mix, established revenue base and capacity to reinvest cash flow into research and business development.
Principal risks include clinical and regulatory setbacks, patent expirations with generic erosion, pricing and reimbursement pressures, and competitive and execution risk in bringing pipeline assets to market.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 16444.00M | 13879.00M | 8791.00M | 11464.00M | 8701.00M |
| Minority interest | -7.00M | 691.00M | 15.00M | -66.00M | -27.00M |
| Net income | 14519.00M | 13049.00M | 7067.00M | 9843.00M | 6220.00M |
| Selling general administrative | 9772.00M | 9293.00M | 10468.00M | 10615.00M | 10102.00M |
| Gross profit | 41872.00M | 35078.00M | 32509.00M | 32728.00M | 28785.00M |
| Reconciled depreciation | 3909.00M | 3214.00M | 3625.00M | 3652.00M | 4519.00M |
| Ebit | 14710.00M | 10646.00M | 5436.00M | 9227.00M | 5731.00M |
| Ebitda | 18619.00M | 13860.00M | 9061.00M | 12879.00M | 10250.00M |
| Depreciation and amortization | 3909.00M | 3214.00M | 3625.00M | 3652.00M | 4519.00M |
| Non operating income net other | -1501.00M | 1341.00M | 886.00M | -139.00M | 402.00M |
| Operating income | 14710.00M | 10646.00M | 5436.00M | 9227.00M | 8931.00M |
| Other operating expenses | 41001.00M | 35505.00M | 39511.00M | 34599.00M | 33363.00M |
| Interest expense | 962.00M | 806.00M | 831.00M | 893.00M | 772.00M |
| Tax provision | 1918.00M | 1521.00M | 1709.00M | 1687.00M | 2508.00M |
| Interest income | 1348.00M | 1884.00M | 59.00M | 274.00M | 343.00M |
| Net interest income | -805.00M | -770.00M | -772.00M | -619.00M | -429.00M |
| Extraordinary items | 0.00M | 704.00M | 2548.00M | -117.00M | -289.00M |
| Non recurring | 337.00M | 661.00M | 578.00M | 638.00M | 632.00M |
| Income tax expense | 1918.00M | 1521.00M | 1709.00M | 1687.00M | 2508.00M |
| Total revenue | 59283.00M | 48704.00M | 47994.00M | 46840.00M | 42294.00M |
| Total operating expenses | 23590.00M | 21879.00M | 24026.00M | 20487.00M | 19854.00M |
| Cost of revenue | 17411.00M | 13626.00M | 15485.00M | 14112.00M | 13509.00M |
| Total other income expense net | 1734.00M | 3233.00M | 3355.00M | 2237.00M | 199.00M |
| Discontinued operations | - | 704.00M | 704.00M | 704.00M | 704.00M |
| Net income from continuing ops | 14526.00M | 12358.00M | 7082.00M | 9777.00M | 6193.00M |
| Net income applicable to common shares | 14519.00M | 13049.00M | 7067.00M | 9843.00M | 6220.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 109160.00M | 105694.00M | 91588.00M | 84397.00M | 82637.00M |
| Intangible assets | 20269.00M | 22933.00M | 14604.00M | 14196.00M | 11431.00M |
| Other current assets | 7169.00M | 6987.00M | 5541.00M | 4277.00M | 4500.00M |
| Total liab | 63102.00M | 67437.00M | 66184.00M | 58396.00M | 55755.00M |
| Total stockholder equity | 45991.00M | 38184.00M | 25317.00M | 25907.00M | 26701.00M |
| Deferred long term liab | 1795.00M | 3441.00M | 1015.00M | 1470.00M | 1702.00M |
| Other current liab | 18029.00M | 16851.00M | 16302.00M | 14872.00M | 13580.00M |
| Common stock | 1788.00M | 1788.00M | 1788.00M | 1788.00M | 1788.00M |
| Capital stock | 1788.00M | 1788.00M | 1788.00M | 1788.00M | 1788.00M |
| Retained earnings | 61081.00M | 53696.00M | 47362.00M | 46602.00M | 42579.00M |
| Other liab | 9105.00M | 11650.00M | 12135.00M | 12672.00M | 13662.00M |
| Good will | 21204.00M | 21264.00M | 20238.00M | 19425.00M | 18253.00M |
| Other assets | 7350.00M | 9400.00M | 7846.00M | 5263.00M | 5313.00M |
| Cash | 12694.00M | 8096.00M | 8062.00M | 9676.00M | 7965.00M |
| Cash and equivalents | 12694.00M | 8096.00M | 8062.00M | 9676.00M | 7965.00M |
| Total current liabilities | 24239.00M | 23872.00M | 27327.00M | 22220.00M | 22206.00M |
| Current deferred revenue | - | - | 1015.00M | - | - |
| Net debt | 17997.00M | 25006.00M | 23729.00M | 16670.00M | 17149.00M |
| Short term debt | 1946.00M | 2412.00M | 6431.00M | 3610.00M | 5308.00M |
| Short long term debt | 1946.00M | 2412.00M | 6431.00M | 3610.00M | 5308.00M |
| Short long term debt total | 30691.00M | 33102.00M | 31791.00M | 26346.00M | 25114.00M |
| Other stockholder equity | -12110.00M | -12871.00M | -17199.00M | -16290.00M | -12121.00M |
| Property plant equipment | 21422.00M | 19279.00M | 17986.00M | 15053.00M | 13291.00M |
| Total current assets | 35722.00M | 30266.00M | 27764.00M | 27483.00M | 25875.00M |
| Long term investments | 1015.00M | 370.00M | 785.00M | 1469.00M | 6233.00M |
| Net tangible assets | 4518.00M | 3548.00M | -9525.00M | -7714.00M | -2983.00M |
| Short term investments | 498.00M | - | 785.00M | 774.00M | 899.00M |
| Net receivables | 9450.00M | 9230.00M | 7851.00M | 6778.00M | 7071.00M |
| Long term debt | 28745.00M | 30690.00M | 25360.00M | 22736.00M | 19806.00M |
| Inventory | 5911.00M | 5953.00M | 6310.00M | 5978.00M | 5440.00M |
| Accounts payable | 4264.00M | 4609.00M | 4594.00M | 3738.00M | 3318.00M |
| Noncontrolling interest in consolidated entity | 67.00M | 73.00M | 87.00M | 94.00M | 181.00M |
| Accumulated other comprehensive income | -4768.00M | -4429.00M | -6634.00M | -6193.00M | -5545.00M |
| Common stock total equity | 1788.00M | 1788.00M | 1788.00M | 1788.00M | 1788.00M |
| Retained earnings total equity | 61081.00M | 53696.00M | 47362.00M | 46602.00M | 42579.00M |
| Treasury stock | - | -57109.00M | -56787.00M | -55950.00M | -50929.00M |
| Non currrent assets other | 7733.00M | 8141.00M | 9196.00M | 5301.00M | 5852.00M |
| Non current assets total | 73438.00M | 75428.00M | 63824.00M | 56914.00M | 56762.00M |
| Long term debt total | 28745.00M | 30690.00M | 25360.00M | 22736.00M | 19806.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -483.00M | 1025.00M | 1717.00M | 5420.00M | 7258.00M |
| Change to liabilities | -504.00M | 626.00M | -307.00M | -1821.00M | 450.00M |
| Total cashflows from investing activities | -4960.00M | -16421.00M | -9443.00M | -2629.00M | 4314.00M |
| Net borrowings | -2251.00M | 1631.00M | 5011.00M | 1248.00M | 837.00M |
| Total cash from financing activities | -9119.00M | 2593.00M | -2832.00M | -8861.00M | -13160.00M |
| Change to operating activities | -2068.00M | -997.00M | -4017.00M | 107.00M | -1281.00M |
| Net income | 14526.00M | 12358.00M | 7082.00M | 9777.00M | 6193.00M |
| Change in cash | 4606.00M | 14.00M | -1769.00M | 1967.00M | 1871.00M |
| Begin period cash flow | 8167.00M | 8153.00M | 9934.00M | 7967.00M | 6096.00M |
| End period cash flow | 12773.00M | 8167.00M | 8165.00M | 9934.00M | 7967.00M |
| Total cash from operating activities | 19095.00M | 14109.00M | 10253.00M | 13440.00M | 10922.00M |
| Depreciation | 3909.00M | 3214.00M | 3625.00M | 3652.00M | 4519.00M |
| Other cashflows from investing activities | -89.00M | -13132.00M | -6476.00M | -4576.00M | -329.00M |
| Dividends paid | -7012.00M | -6610.00M | -6215.00M | -5695.00M | 5172.00M |
| Change to inventory | -161.00M | -674.00M | -855.00M | -508.00M | -911.00M |
| Change to account receivables | -644.00M | -2033.00M | -1002.00M | 294.00M | -418.00M |
| Sale purchase of stock | 384.00M | -840.00M | -1281.00M | -4780.00M | -9091.00M |
| Other cashflows from financing activities | 144.00M | 8714.00M | -436.00M | 1614.00M | -325.00M |
| Change to netincome | 2023.00M | 2760.00M | 1476.00M | 2078.00M | 1113.00M |
| Capital expenditures | 4388.00M | 4448.00M | 4684.00M | 3473.00M | 2615.00M |
| Change receivables | -644.00M | -2033.00M | -1002.00M | 294.00M | -418.00M |
| Cash flows other operating | 14472.00M | 10216.00M | 234.00M | -32.00M | -24.00M |
| Cash and cash equivalents changes | 5016.00M | -202.00M | -2022.00M | 1950.00M | 2076.00M |
| Change in working capital | -2782.00M | -3839.00M | -4590.00M | -2067.00M | -1553.00M |
| Stock based compensation | 541.00M | 479.00M | 475.00M | 417.00M | 348.00M |
| Other non cash items | 4469.00M | 1710.00M | 4329.00M | 2217.00M | 1924.00M |
| Free cash flow | 14707.00M | 9661.00M | 5569.00M | 9967.00M | 8307.00M |
Sector: Healthcare Industry: Drug Manufacturers - General
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MRK Merck & Company Inc |
-3.86 2.60% |
144.50 | 59.83 | 12.33 | 4.50 | 6.47 | 4.94 | 23.79 |
| LLY Eli Lilly and Company |
-1.60 0.11% |
1409.39 | 38.16 | 24.15 | 12.72 | 29.95 | 13.31 | 25.43 |
| JNJ Johnson & Johnson |
-4.40 1.63% |
266.16 | 30.96 | 20.79 | 6.58 | 7.55 | 6.84 | 19.73 |
| ABBV AbbVie Inc |
-2.84 0.98% |
286.00 | 74.10 | 16.21 | 7.22 | 50.46 | 8.18 | 27.04 |
| RHHVF Roche Holding AG Participation |
-10.00 2.06% |
475.00 | 24.16 | 16.53 | 5.71 | 8.88 | 4.94 | 14.76 |
Merck & Co., Inc. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes, as well as vaccine products, such as preventive pediatric, adolescent, and adult vaccines. The Animal Health segment discovers, develops, manufactures, and markets veterinary pharmaceuticals, vaccines, and health management solutions and services, as well as digitally connected identification, traceability, and monitoring products. The company serves drug wholesalers and retailers, hospitals, and government agencies; managed health care providers, such as health maintenance organizations, pharmacy benefit managers, and other institutions; and physicians and physician distributors, veterinarians, and animal producers. It has collaborations with AstraZeneca PLC; Bayer AG; Eisai Co., Ltd.; Ridgeback Biotherapeutics LP; and Gilead Sciences, Inc. to jointly develop and commercialize long-acting treatments in HIV, as well as a collaboration with Bionomics to identify novel a7 nAChR PAMs suitable for the treatment of cognitive disorder; and clinical trial collaboration and supply agreement with Ankyra Therapeutics to evaluate ANK-101 in combination with KEYTRUDA (pembrolizumab) in patients with advanced solid tumors, as well as a clinical trial collaboration and supply agreement with Phanes Therapeutics, Inc. to evaluate PT886 in combination with KEYTRUDA for the treatment of claudin 18.2 positive gastric or gastroesophageal junction adenocarcinomas, as well as a development and commercialization agreement with Daiichi Sankyo Company, Limited to jointly develop and commercialize Daiichi Sankyo's DXd antibody drug conjugate (ADC) candidates and a collaboration with HiberCell, Inc. Merck & Co., Inc. was founded in 1891 and is headquartered in Rahway, New Jersey.
2000 Galloping Hill Road, Kenilworth, NJ, United States, 07033
908 740 4000
67000
| Name | Title | Year Born |
|---|---|---|
| Mr. Robert M. Davis J.D. | CEO & Chairman | 1967 |
| Ms. Caroline Litchfield | Exec. VP & CFO | 1969 |
| Mr. Richard R. DeLuca Jr. | Exec. VP & Pres of Merck Animal Health | 1963 |
| Dr. Dean Y. Li M.D., Ph.D. | Exec. VP & Pres of Merck Research Laboratories | 1962 |
| Mr. David Michael Williams | Exec. VP and Chief Information & Digital Officer | 1969 |
| Mr. Peter Dannenbaum | VP of Investor Relations | NA |
| Ms. Jennifer L. Zachary | Exec. VP & Gen. Counsel | 1978 |
| Lisa LeCointe-Cephas | Sr. VP and Chief Ethics & Compliance Officer | 1982 |
| Ms. Jennifer Mauer | VP of Global Communications | NA |
| Ms. Cristal N. Downing | Exec. VP and Chief Communications & Public Affairs Officer | 1969 |
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