Merck & Co — Earning Quality
EARNING QUALITY TICKER: [US.MRK - Merck & Co] PERIOD: [2010-ANNUAL ~ 2025-ANNUAL] [+] Accruals Ratio: -4.6% (OCF > NI, excellent cash generation) [+] Cash Conversion: 453% (> 80% = strong, < 50% = weak) [+] FCF Conversion: 343% (> 80% = excellent quality) Metric Value --------------------------- Avg Accruals Ratio -4.6% Avg Cash Conversion 453% Avg FCF Conversion 343% Cash Conv Stability 193.3% Period Net Income OCF FCF Accruals Cash Conv FCF Conv ---------------------------------------------------------------------- 2010 ANNUAL 859.00M 10.82B 9.14B -9.4% 1259.8% 1064.5% 2011 ANNUAL 6.26B 12.38B 10.66B -5.8% 197.9% 170.4% 2012 ANNUAL 6.17B 10.02B 8.07B -3.6% 162.6% 130.9% 2013 ANNUAL 4.40B 11.65B 10.11B -6.9% 264.6% 229.5% 2014 ANNUAL 11.92B 7.99B 5.67B 4.0% 67.0% 47.6% 2015 ANNUAL 4.44B 12.54B 11.26B -8.0% 282.3% 253.4% 2016 ANNUAL 3.92B 10.38B 8.76B -6.8% 264.7% 223.5% 2017 ANNUAL 2.39B 6.45B 4.56B -4.6% 269.5% 190.6% 2018 ANNUAL 6.22B 10.92B 8.31B -5.7% 175.6% 133.6% 2019 ANNUAL 9.84B 13.44B 10.07B -4.3% 136.5% 102.3% 2020 ANNUAL 7.07B 10.25B 5.82B -3.5% 145.1% 82.4% 2021 ANNUAL 13.05B 14.11B 9.66B -1.0% 108.1% 74.0% 2022 ANNUAL 14.52B 19.09B 14.71B -4.2% 131.5% 101.3% 2023 ANNUAL 365.00M 13.01B 9.14B -11.9% 3563.3% 2504.9% 2024 ANNUAL 17.12B 21.47B 18.10B -3.7% 125.4% 105.7% 2025 ANNUAL 18.25B 16.47B 12.36B 1.3% 90.2% 67.7%
audit earning-quality
EARNING QUALITY
TICKER: [US.MRK - Merck & Co]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]
[+] Accruals Ratio: -4.6% (OCF > NI, excellent cash generation)[+] Cash Conversion: 453% (> 80% = strong, < 50% = weak)[+] FCF Conversion: 343% (> 80% = excellent quality)
Metric Value---------------------------Avg Accruals Ratio -4.6%Avg Cash Conversion 453%Avg FCF Conversion 343%Cash Conv Stability 193.3%
Period Net Income OCF FCF Accruals Cash Conv FCF Conv----------------------------------------------------------------------2010 ANNUAL 859.00M 10.82B 9.14B -9.4% 1259.8% 1064.5%2011 ANNUAL 6.26B 12.38B 10.66B -5.8% 197.9% 170.4%2012 ANNUAL 6.17B 10.02B 8.07B -3.6% 162.6% 130.9%2013 ANNUAL 4.40B 11.65B 10.11B -6.9% 264.6% 229.5%2014 ANNUAL 11.92B 7.99B 5.67B 4.0% 67.0% 47.6%2015 ANNUAL 4.44B 12.54B 11.26B -8.0% 282.3% 253.4%2016 ANNUAL 3.92B 10.38B 8.76B -6.8% 264.7% 223.5%2017 ANNUAL 2.39B 6.45B 4.56B -4.6% 269.5% 190.6%2018 ANNUAL 6.22B 10.92B 8.31B -5.7% 175.6% 133.6%2019 ANNUAL 9.84B 13.44B 10.07B -4.3% 136.5% 102.3%2020 ANNUAL 7.07B 10.25B 5.82B -3.5% 145.1% 82.4%2021 ANNUAL 13.05B 14.11B 9.66B -1.0% 108.1% 74.0%2022 ANNUAL 14.52B 19.09B 14.71B -4.2% 131.5% 101.3%2023 ANNUAL 365.00M 13.01B 9.14B -11.9% 3563.3% 2504.9%2024 ANNUAL 17.12B 21.47B 18.10B -3.7% 125.4% 105.7%2025 ANNUAL 18.25B 16.47B 12.36B 1.3% 90.2% 67.7%