OTC · Drug Manufacturers - Specialty & Generic

Merck KGaA (MKGAF) Stock

$166.40 -0.83% OTC: MKGAF Healthcare

Merck KGaA is a venerable science and technology enterprise, headquartered in Darmstadt, Germany, where it was established in 1668. Operating as a subsidiary of E.

Valuation

MetricValue
Price$166.40
Market Cap$72.35B
P/E Ratio24.66
P/B Ratio2.10
P/S Ratio2.98
EPS (TTM)$6.75
52-Week High$175.56
52-Week Low$116.68
Dividend Yield1.55%

Financials & Margins

MetricValue
ROE8.77%
ROA4.77%
ROCE9.30%
Gross Margin58.53%
Operating Margin19.41%
Net Margin12.09%
Debt/Equity0.40
Current Ratio1.51

Annual Financials (USD)

Metric20212022202320242025
Revenue$19.7B$22.2B$21.0B$21.2B$21.1B
Operating Profit$4.2B$4.5B$3.6B$3.6B$4.1B
Net Profit$3.1B$3.3B$2.8B$2.8B$2.6B
EPS$7.03$7.65$6.50$6.39$6.00
Op Margin21.2%20.1%17.2%17.2%19.3%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$45.4B$48.5B$48.5B$51.6B$52.1B
Total Liabilities$23.9B$22.5B$21.7B$21.6B$23.4B
Cash$1.5B$1.4B$2.0B$2.1B$2.3B
Borrowings$10.8B$10.4B$9.9B$10.3B$12.0B

Latest News

[Latest] Global gRNA Market Size/Share Worth USD 2950 Million by 2034 at a 19% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value) GlobeNewswire · Aug 6, 2026 Merck KGaA (MKGAF) (Q2 2026) Earnings Call Highlights: Robust Growth and Raised Guidance Signal ... GuruFocus.com · Aug 6, 2026 Merck KGaA Q2 Earnings Call Highlights MarketBeat · Aug 6, 2026 Germany’s Merck KGaA Raises Outlook as Lab Tools, Chip Demand Lift Results The Wall Street Journal · Aug 6, 2026 Merck KGaA (MKKGY) Misses Q2 Earnings Estimates Zacks · Aug 6, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$4.6B$4.3B$3.8B$4.6B$3.9B
Investing Cash Flow$-3.0B$-4.5B$-3.9B$-5.2B$-5.8B
Financing Cash Flow$-9.0M$-12.0M$-12.0M$-754.0M$-10.0M
Net Cash Flow$544.0M$-45.0M$128.0M$535.0M$521.0M
Free Cash Flow$3.2B$2.5B$1.8B$2.4B$2.3B

Valuation & Return Ratios

MetricValue
PEG Ratio-2.42
EV / EBITDA11.99
FCF Yield3.88%
Quick Ratio1.00
Interest Coverage9.46
Return 1Y35.44%
Return 3Y-4.95%
Return 5Y-20.96%

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
ARGNFargenx SE $865.00 +0.00% 32.10 $53.79B 0.00%
CHALFChalice Brands Ltd $0.00 0.00 $6660 0.00%
CMXHFCSL Limited $93.67 +2.24% 32.61 $44.86B 2.78%
DSKYFDaiichi Sankyo Company, Limited $17.40 -0.85% 21.23 $31.66B 3.62%
DSNKYDaiichi Sankyo Company, Limited $17.71 +0.91% 21.23 $32.24B 0.00%

About Merck KGaA

Merck KGaA is a venerable science and technology enterprise, headquartered in Darmstadt, Germany, where it was established in 1668. Operating as a subsidiary of E. Merck KG, the company organizes its diverse activities across three principal divisions: Life Science, Healthcare, and Electronics. Within its Life Science segment, Merck KGaA supplies an array of vital tools, specialized chemicals, and advanced equipment to academic research institutions, biotechnology firms, pharmaceutical producers, and various industrial clients. This division further supports drug manufacturers by offering sophisticated process development expertise, including cutting-edge continuous bioprocessing techniques. Its comprehensive portfolio also encompasses diagnostic kits, reagents, and a range of services for testing, monitoring environmental factors like air, water, and soil, evaluating nutritional content, and detecting product quality deviations. The Healthcare arm is dedicated to the discovery, development, production, and commercialization of prescription medications and biopharmaceuticals. These therapeutic solutions address a broad spectrum of conditions, including various forms of cancer (oncology), neurological and immunological disorders, infertility, endocrine imbalances, cardiovascular diseases, diabetes, thyroid issues, and multiple sclerosis. Additionally, this segment provides general medicines, innovative injection devices, and software for disease management and monitoring. Merck KGaA's Electronics segment plays a crucial role in supplying essential materials to the semiconductor and display manufacturing sectors. Beyond core materials, it also delivers specialized solutions for surface design, encompassing delivery systems, comprehensive services, and a suite of surface-enhancing products like cosmetics, effect pigments, and functional coatings. Furthermore, the company actively engages in strategic in-licensing agreements to expand its therapeutic pipeline. Key partnerships include collaborations with Debiopharm International SA for head and neck cancer treatments, Jiangsu Hengrui Pharmaceuticals Co. Ltd. for metastatic colorectal cancer drug candidates, and Abbisko Therapeutics Co. Ltd. for therapies targeting tenosynovial giant cell tumors. Merck KGaA also holds a license and collaboration agreement focused on discovering two targeted protein degraders designed to combat critical oncogenic proteins.

Merck KGaA is headquartered in DE.

Merck KGaA (MKGAF) stock trades at $166.40 with a market capitalization of $72.35B. The stock is valued at a price-to-earnings (P/E) ratio of 24.66, price-to-book of 2.10, price-to-sales of 2.98. Over the past 52 weeks the stock has ranged between $116.68 and $175.56, and currently trades 5.2% below its 52-week high. It pays a dividend yielding 1.55%.

On profitability, Merck KGaA generates a return on equity (ROE) of 8.77%, return on capital employed of 9.30%, an operating margin of 19.41%, a net profit margin of 12.09%.

In its most recent fiscal year, Merck KGaA reported annual revenue of $21.1B, net profit of $2.6B, revenue has compounded at 3.8% a year over the last five years, profit at 5.6% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.40 — a conservative balance sheet with little leverage risk, a current ratio of 1.51, total assets of $52.1B, $2.3B in cash and equivalents.

MKGAF has an average daily trading volume of 690 shares, a beta of 0.82.

Official website: www.merckgroup.com

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