Merck (MRK) EV to FCF (2009 - 2026)
Merck's (MRK) EV to FCF came in at 19.30 for Q2 2026, up 50.2% from 12.85 a year earlier but down 6.6% from the prior quarter.
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Analysis
Merck (MRK) EV to FCF (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at Merck was 16.90, up 64.1% year-over-year; for FY2025, it was 19.88, up 51.4% from FY2024.
- In prior years, Merck's EV to FCF was 13.13 in FY2024 (-55.4%), 29.43 in FY2023 (+61.2%), 18.26 in FY2022 (-14.7%) and 21.41 in FY2021 (-64.0%).
- Quarterly EV to FCF has run from a low of 12.69 in Q1 2025 to a high of 29.77 in Q1 2024 over five years.
- On a year-over-year basis, EV to FCF has increased in each of the last three quarters, with an average decline of 2.2% over the last eight quarters.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q2 2023, with growth of 73.2%; the weakest was Q3 2021, with a decline of 94.3%.
- According to Business Quant data, EV to FCF for the three prior quarters was 20.65 (Q1 2026), 19.88 (Q4 2025) and 14.57 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 653.54 Bn | 572.07 Bn | 17.26 Bn |
| 2 | AbbVie | 467.01 Bn | 440.17 Bn | 12.70 Bn |
| 3 | Merck | 367.16 Bn | 321.59 Bn | 12.21 Bn |
| 4 | Novartis Ag | 277.56 Bn | 233.43 Bn | 11.24 Bn |
| 5 | Astrazeneca | 258.23 Bn | 231.79 Bn | 12.86 Bn |
| 6 | Amgen | 224.14 Bn | 179.54 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 187.30 Bn | 161.42 Bn | 6.22 Bn |
| 8 | Pfizer | 163.47 Bn | 110.41 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.31 Bn | 105.31 Bn | 2.84 Bn |
| 10 | Bristol Myers Squibb | 128.45 Bn | 79.72 Bn | 9.25 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.30 |
| Mar 31, 2026 | 20.65 |
| Dec 31, 2025 | 19.88 |
| Sep 30, 2025 | 14.57 |
| Jun 30, 2025 | 12.85 |
| Mar 31, 2025 | 12.69 |
| Dec 31, 2024 | 13.13 |
| Sep 30, 2024 | 18.38 |
| Jun 30, 2024 | 23.01 |
| Mar 31, 2024 | 29.77 |
| Dec 31, 2023 | 29.43 |
| Sep 30, 2023 | 19.15 |
| Jun 30, 2023 | 26.46 |
| Mar 31, 2023 | 23.05 |
| Dec 31, 2022 | 18.26 |
| Sep 30, 2022 | 13.53 |
| Jun 30, 2022 | 15.27 |
| Mar 31, 2022 | 16.16 |
| Dec 31, 2021 | 21.41 |
| Sep 30, 2021 | 26.57 |
API Access
Merck EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=MRK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "MRK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=MRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();