Merck & Co — Moat

MOAT ASSESSMENT

TICKER: [US.MRK - Merck & Co]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]


Parameter  Value
----------------
WACC         10%


[+] ROIC Mean: 15.1% (> 15% = high returns)
[~] ROIC Stability: 5.5% (StdDev < 5% = highly stable)
[+] Gross Margin Stability: 7.5% (CoV < 10% = stable pricing power)
[+] Economic Moat (ROIC-WACC): 5.1% (> 5% = creating economic value)


Metric                     Value
--------------------------------
ROIC 5Y Mean               15.1%
ROIC Stability (σ)          5.5%
Gross Margin CoV            7.5%
Revenue Growth R²           0.41
Economic Moat (ROIC-WACC)   5.1%