FinscoFinsco

Merck & Co — Earning Quality

$Open the interactive terminal to run `audit earning-quality` with custom options.→
Capital FlowReturnsEarning QualityDebt DisciplineMoat
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%