Merck & Co., Inc.

10-K & 10-Q Filings

Merck & Co., Inc. is a publicly-traded company incorporated in the United States with an IRS Employer Identification Number. The company is an accelerated filer under the Securities Exchange Act of 1934. Its common stock has a par value of $0.50. The company's business strategy is not explicitly stated in the text, but it can be inferred that it is involved in executive compensation and has various equity compensation plans. The company's business segments include Merck Sharp & Dohme Corp. (MSD) and Merck & Co., Inc. The former focuses on the development, manufacturing, and marketing of healthcare solutions, while the latter is engaged in the discovery, development, manufacturing, and marketing of pharmaceuticals and vaccines. The companies' websites are www.merck.com and www.msd.com, respectively. The ticker symbols for Merck & Co., Inc.'s common stock and MSD's common stock are not mentioned in the text. The text includes information about the company's executive compensation, including compensation discussion and analysis, summary compensation table, and various other tables and schedules related to executive compensation. It also mentions the company's equity compensation plans and the number of securities to be issued upon exercise of outstanding options, warrants, and rights. The text also includes information about the company's principal accountant fees and services. The text does not provide any details about the company's business strategy, risks, or policies.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$48047.00
47267.00
44033.00
42237.00
39498.00
39807.00
40122.00
42294.00
46840.00
47994.00
48704.00
59283.00
60115.00
14487.00
15775.00
1.88%8.89%Cost of Revenue (-)
$16871.00
16446.00
16954.00
16768.00
14934.00
13891.00
12775.00
13509.00
14112.00
15485.00
13626.00
17411.00
16126.00
3926.00
3540.00
-0.38%-9.83%Gross Profit (+)
$31176.00
30821.00
27079.00
25469.00
24564.00
25916.00
27347.00
28785.00
32728.00
32509.00
35078.00
41872.00
43989.00
10561.00
12235.00
2.91%15.85%Selling, General & Administrative (-)
$13733.00
12776.00
11911.00
11606.00
10313.00
9762.00
9830.00
10102.00
10615.00
10468.00
9634.00
10042.00
10504.00
2479.00
2483.00
-2.21%0.16%Research & Development (-)
$8467.00
8168.00
7503.00
7180.00
6704.00
10124.00
10208.00
9752.00
9872.00
13558.00
12245.00
13548.00
30531.00
4276.00
3992.00
11.28%-6.64%Non-recurring Operating Expenses (-)
$1306.00
664.00
1709.00
1013.00
619.00
651.00
776.00
632.00
638.00
578.00
661.00
337.00
599.00
67.00
123.00
-6.29%83.58%Operating Expenses (-)
$23506.00
22082.00
21534.00
8186.00
19163.00
21257.00
20814.00
20084.00
21264.00
23718.00
21199.00
25428.00
41634.00
6822.00
6598.00
4.88%-3.28%Costs & Expenses (Total) (-)
$40377.00
38528.00
38488.00
24954.00
34097.00
35148.00
33601.00
33593.00
35376.00
39203.00
34825.00
42839.00
58226.00
10837.00
10105.00
3.10%-6.75%Operating Income/Loss (+)
$7670.00
8739.00
5545.00
17283.00
5401.00
4659.00
6521.00
8701.00
11464.00
8791.00
13879.00
16444.00
1889.00
3650.00
5670.00
-11.02%55.34%Non-operating Income/Expense (+)
$-336.00
-474.00
-411.00
11613.00
-1527.00
-720.00
-12.00
402.00
-139.00
886.00
1341.00
-1501.00
-466.00
-89.00
33.00
137.08%Earnings before Tax (+)
$7334.00
8739.00
5545.00
17283.00
5401.00
4659.00
6521.00
8701.00
11464.00
8791.00
13879.00
16444.00
1889.00
3650.00
5670.00
-10.69%55.34%Tax Expense (-)
$942.00
2440.00
1028.00
5349.00
942.00
718.00
4103.00
2508.00
1687.00
1709.00
1521.00
1918.00
1512.00
825.00
903.00
4.02%9.45%Income/Loss (Continuing Operations) (+)
$6392.00
6299.00
4517.00
11934.00
4459.00
3941.00
2418.00
6193.00
9777.00
7082.00
24703.00
29045.00
742.00
2825.00
4767.00
-16.43%68.74%Income/Loss (Discontinued Operations) (+)
$
704.00
Profit/Loss (+)
$6392.00
6299.00
4517.00
11934.00
4459.00
3941.00
2418.00
6193.00
9777.00
7082.00
2825.00
4767.00
68.74%Net Income/Loss (NCI) (-)
$120.00
131.00
113.00
14.00
17.00
21.00
24.00
-27.00
-66.00
15.00
5.00
Net Income/Loss (+)
$6272.00
6168.00
4404.00
11920.00
4442.00
3920.00
2394.00
6220.00
9843.00
7067.00
13049.00
14519.00
365.00
2821.00
4762.00
-21.10%68.81%Net Income/Loss (Common) (+)
$6272.00
6168.00
4404.00
11920.00
4442.00
3920.00
2394.00
6220.00
9843.00
7067.00
13049.00
14519.00
365.00
2821.00
4762.00
-21.10%68.81%EPS (Basic)
$2.04
2.03
1.49
4.12
1.58
1.42
0.88
2.34
3.84
2.79
5.16
5.73
0.14
1.11
1.88
-20.01%69.37%EPS (Diluted)
$2.02
2.00
1.47
4.07
1.56
1.41
0.87
2.32
3.81
2.78
5.14
5.71
0.14
1.11
1.87
-19.94%68.47%Weighted Avg Shares (Basic)
3044.01
3022.37
2940.62
2838.19
2775.26
2745.57
2696.19
2581.22
2536.27
2530.32
2527.73
2538.59
2532.64
2537.44
2532.81
-1.52%-0.18%Cash
$13531.00
13451.00
15621.00
7441.00
8524.00
6515.00
6092.00
7965.00
9676.00
8062.00
8096.00
12694.00
6841.00
9707.00
5579.00
-5.53%-42.53%Short-term Investments
$1441.00
2690.00
1865.00
8278.00
4903.00
7826.00
2406.00
899.00
774.00
498.00
252.00
680.00
40.00
-13.52%-94.12%Receivables
$8261.00
7672.00
7184.00
6626.00
6484.00
7018.00
6873.00
7071.00
6778.00
7851.00
9230.00
9450.00
10349.00
10415.00
11366.00
1.90%9.13%Inventory
$6254.00
6535.00
6226.00
5571.00
4700.00
4866.00
5096.00
5440.00
5978.00
6310.00
5953.00
5911.00
6358.00
5863.00
6510.00
0.14%11.04%Other Assets (Current)
$3694.00
4509.00
4789.00
5257.00
5153.00
4389.00
4299.00
4500.00
4277.00
5541.00
6987.00
7169.00
8368.00
6737.00
7950.00
7.05%18.01%Assets (Current)
$33181.00
34857.00
35685.00
33173.00
29764.00
30614.00
24766.00
25875.00
27483.00
27764.00
30266.00
35722.00
32168.00
33402.00
31445.00
-0.26%-5.86%Securities & Long-term Investments
$3458.00
7305.00
9770.00
13515.00
13039.00
11416.00
12125.00
6233.00
1469.00
785.00
370.00
1015.00
252.00
1290.00
280.00
-19.61%-78.29%Property, Plant & Equipment (Net)
$16297.00
16030.00
14973.00
13136.00
12507.00
12026.00
12439.00
13291.00
15053.00
17986.00
19279.00
21422.00
23051.00
21758.00
23045.00
2.93%5.92%Accumulated Depreciation
$16176.00
17385.00
18121.00
18004.00
15923.00
15749.00
16602.00
16324.00
17686.00
18982.00
18192.00
17985.00
18266.00
1.02%Goodwill & Intangibles
$46457.00
41217.00
36102.00
33378.00
40325.00
35467.00
32467.00
29684.00
33621.00
34842.00
44197.00
41473.00
39208.00
41066.00
38753.00
-1.40%-5.63%Other Assets
$5735.00
6723.00
9115.00
5133.00
6144.00
5854.00
6075.00
7554.00
6771.00
10211.00
11582.00
9528.00
11996.00
10280.00
12326.00
6.34%19.90%Assets (Non-current)
$71947.00
71275.00
69960.00
65162.00
72015.00
64763.00
63106.00
56762.00
56914.00
63824.00
75428.00
73438.00
74507.00
74394.00
74404.00
0.29%0.01%Assets (Total)
$105128.00
106132.00
105645.00
98335.00
101779.00
95377.00
87872.00
82637.00
84397.00
91588.00
105694.00
109160.00
106675.00
107796.00
105849.00
0.12%-1.81%Accounts Payable
$4524.00
4296.00
3846.00
5539.00
5402.00
6362.00
5130.00
6747.00
6061.00
7843.00
7601.00
8134.00
8556.00
7459.00
7920.00
5.45%6.18%Debt (Current)
$1990.00
4315.00
4521.00
2704.00
2585.00
568.00
3057.00
5308.00
3610.00
6431.00
2412.00
1946.00
1372.00
2672.00
3077.00
-3.05%15.16%Other Liabilities (Current)
$9731.00
9737.00
9501.00
10523.00
11216.00
10274.00
10427.00
10151.00
12549.00
13053.00
13859.00
14159.00
15766.00
13000.00
14102.00
4.10%8.48%Liabilities (Current)
$16245.00
18348.00
17868.00
18766.00
19203.00
17204.00
18614.00
22206.00
22220.00
27327.00
23872.00
24239.00
25694.00
23131.00
25099.00
3.89%8.51%Debt (Non-current)
$15525.00
16254.00
20539.00
18699.00
23929.00
24274.00
21353.00
19806.00
22736.00
25360.00
30690.00
28745.00
33683.00
28074.00
31142.00
6.67%10.93%Other Liabilities
$16415.00
14912.00
12079.00
13880.00
13591.00
13336.00
13743.00
13440.00
13497.00
12875.00
10118.00
9663.00
9686.00
9184.00
-4.32%-5.18%Liabilities (Non-current)
$31940.00
16254.00
35451.00
30778.00
37809.00
37865.00
34689.00
33549.00
36176.00
38857.00
43565.00
38863.00
43346.00
37760.00
40326.00
2.58%6.80%Liabilities (Total)
$48185.00
50669.00
53319.00
49544.00
57012.00
55069.00
53303.00
55755.00
58396.00
66184.00
67437.00
63102.00
69040.00
60891.00
65425.00
3.04%7.45%Treasury Stock
$23792.00
24717.00
29591.00
35262.00
38534.00
40546.00
43794.00
50929.00
55950.00
56787.00
57109.00
56489.00
57450.00
56577.00
57445.00
7.62%1.53%Retained Earnings
$38990.00
39985.00
39257.00
46021.00
45348.00
44133.00
41350.00
42579.00
46602.00
47362.00
53696.00
61081.00
53895.00
62039.00
56697.00
2.73%-8.61%AOCI
$-3132.00
-4682.00
-2197.00
-4323.00
-4148.00
-5226.00
-4910.00
-5545.00
-6193.00
-6634.00
-4429.00
-4768.00
-5161.00
-4883.00
-5274.00
-8.01%Shareholder's Equity
$56943.00
55463.00
52326.00
48791.00
44767.00
40308.00
34569.00
26882.00
26001.00
25404.00
38257.00
46058.00
37635.00
46905.00
40424.00
-3.39%-13.82%Liabilities & Equity
$105128.00
106132.00
105645.00
98335.00
101779.00
95377.00
87872.00
82637.00
84397.00
91588.00
105694.00
109160.00
106675.00
107796.00
105849.00
0.12%-1.81%Net Income/Loss
$6392.00
6299.00
4517.00
11934.00
4459.00
3941.00
2418.00
6193.00
9777.00
7082.00
4767.00
Depreciation & Amortization
$7427.00
6978.00
6988.00
6691.00
6375.00
5441.00
4637.00
4519.00
3652.00
3625.00
3214.00
3909.00
3872.00
991.00
984.00
-5.28%-0.71%Increase/Decrease in Working Capital
$766.00
4136.00
794.00
-1824.00
268.00
2601.00
5021.00
1553.00
2067.00
4590.00
3839.00
2782.00
2205.00
2890.00
3382.00
9.21%17.02%Share-based Compensation
$369.00
335.00
276.00
278.00
299.00
300.00
312.00
348.00
417.00
475.00
479.00
541.00
645.00
145.00
176.00
4.76%21.38%Adjustments to Reconcile Net Income
$5991.00
3723.00
7137.00
-4074.00
7962.00
6435.00
3982.00
4729.00
3663.00
3171.00
764.00
4569.00
12629.00
-1486.00
-1677.00
6.41%-12.85%Net Cash (Operating)
$12383.00
10022.00
11654.00
7860.00
12421.00
10376.00
6447.00
10922.00
13440.00
10253.00
13122.00
19095.00
13006.00
1339.00
3090.00
0.41%130.77%Capital Expenditure
$1598.00
1954.00
1748.00
910.00
1113.00
2394.00
2284.00
3046.00
3767.00
6049.00
4627.00
4509.00
3863.00
1007.00
1607.00
7.63%59.58%Net Cash (Investing)
$-2890.00
-6805.00
-3148.00
-374.00
-4758.00
-3210.00
2679.00
4314.00
-2629.00
-9443.00
-16421.00
-4960.00
-14083.00
-2359.00
-1376.00
41.67%Increase/Decrease in Debt
$-471.00
3164.00
4533.00
-3931.00
3492.00
-1307.00
-1129.00
837.00
1248.00
5011.00
1631.00
-2251.00
4184.00
-1.00
-751.00
-75000.00%Increase/Decrease in Equity
$-1921.00
-2591.00
-6516.00
-7703.00
-4186.00
-3434.00
-3515.00
-8500.00
-4419.00
-1192.00
-638.00
384.00
-1221.00
-119.00
-35.00
70.59%Dividends Paid
$4691.00
5236.00
5277.00
5247.00
5117.00
5124.00
5167.00
5172.00
5695.00
6215.00
6610.00
7012.00
7445.00
1853.00
1950.00
3.92%5.23%Net Cash (Financing)
$-6904.00
-3267.00
-5990.00
-15113.00
-5270.00
-9044.00
-10006.00
-13160.00
-8861.00
-2832.00
3097.00
-9119.00
-4810.00
-2054.00
-2814.00
-37.00%Effect of Exchange Rate
$42.00
-30.00
-346.00
-553.00
-1310.00
-131.00
457.00
-205.00
17.00
253.00
-133.00
-410.00
23.00
87.00
-138.00
-4.89%-258.62%Increase/Decrease in Cash
$2631.00
-80.00
2170.00
-8180.00
1083.00
-2009.00
-423.00
1871.00
1967.00
-1769.00
14.00
4606.00
-5864.00
-2987.00
-1238.00
58.55%Cash (Beginning)
$10900.00
13531.00
13451.00
15621.00
7441.00
8524.00
6515.00
6096.00
7967.00
9934.00
8153.00
8167.00
12773.00
12773.00
6909.00
1.33%-45.91%Cash (Ending)
$13531.00
13451.00
15621.00
7441.00
8524.00
6515.00
6092.00
7967.00
9934.00
8165.00
8167.00
12773.00
6909.00
9786.00
5671.00
-5.45%-42.05%NOPAT
$6684.84
6299.00
4517.00
11934.00
4459.00
3941.00
2418.00
6193.00
9777.00
7082.00
12358.00
14526.00
377.00
2825.00
4767.00
-21.31%68.74%Gross Margin %
64.89%
65.21%
61.50%
60.30%
62.19%
65.10%
68.16%
68.06%
69.87%
67.74%
72.02%
70.63%
73.17%
72.90%
77.56%
Operating Margin %
15.96%
18.49%
12.59%
40.92%
13.67%
11.70%
16.25%
20.57%
24.47%
18.32%
28.50%
27.74%
3.14%
25.20%
35.94%
NOPAT Margin %
13.91%
13.33%
10.26%
28.25%
11.29%
9.90%
6.03%
14.64%
20.87%
14.76%
25.37%
24.50%
0.63%
19.50%
30.22%
Net Margin %
13.05%
13.05%
10.00%
28.22%
11.25%
9.85%
5.97%
14.71%
21.01%
14.72%
26.79%
24.49%
0.61%
19.47%
30.19%
Tax Rate %
12.84%
27.92%
18.54%
30.95%
17.44%
15.41%
62.92%
28.82%
14.72%
19.44%
10.96%
11.66%
80.04%
22.60%
15.93%
ROA
6.36%
5.94%
4.28%
12.14%
4.38%
4.13%
2.75%
7.49%
11.58%
7.73%
11.69%
13.31%
0.35%
2.62%
4.50%
ROE
11.74%
11.36%
8.63%
24.46%
9.96%
9.78%
6.99%
23.04%
37.60%
27.88%
32.30%
31.54%
1.00%
6.02%
11.79%
ROIC
9.20%
9.40%
7.49%
22.89%
7.83%
7.60%
4.78%
12.93%
18.18%
12.33%
17.91%
21.06%
0.55%
4.24%
7.19%
Asset Turnover
0.46
0.45
0.42
0.43
0.39
0.42
0.46
0.51
0.55
0.52
0.46
0.54
0.56
0.13
0.15
Inventory Turnover
2.70
2.52
2.72
3.01
3.18
2.85
2.51
2.48
2.36
2.45
2.29
2.95
2.54
0.67
0.54
Equity Multiplier
1.85
1.91
2.02
2.02
2.27
2.37
2.54
3.07
3.25
3.61
2.76
2.37
2.83
2.30
2.62
Current Ratio
2.04
1.90
2.00
1.77
1.55
1.78
1.33
1.17
1.24
1.02
1.27
1.47
1.25
1.44
1.25
Quick Ratio
1.43
1.30
1.38
1.19
1.04
1.24
0.83
0.72
0.78
0.58
0.73
0.93
0.68
0.90
0.68
Debt/Equity Ratio
0.31
0.37
0.48
0.44
0.59
0.62
0.71
0.93
1.01
1.25
0.87
0.67
0.93
0.66
0.85
Working Capital/Sales
0.21
0.21
0.21
0.13
0.10
0.11
0.14
0.12
0.11
0.10
0.11
0.10
0.10
0.26
0.28
R&D/Sales
0.18
0.17
0.17
0.17
0.17
0.25
0.25
0.23
0.21
0.28
0.25
0.23
0.51
0.30
0.25
Dividend Payout Ratio %
70.17%
83.12%
116.83%
43.97%
114.76%
130.02%
213.69%
83.51%
58.25%
87.76%
53.49%
48.27%
1974.80%
65.59%
40.91%
Total Payout
$7083.00
4663.00
7260.00
16881.00
5811.00
9865.00
9811.00
12835.00
8866.00
2396.00
5617.00
8879.00
4482.00
1973.00
2736.00
-3.74%38.67%Payout Ratio %
105.96%
74.03%
160.73%
141.45%
130.32%
250.32%
405.75%
207.25%
90.68%
33.83%
45.45%
61.12%
1188.86%
69.84%
57.39%