MERCK KGAA NAM.SP.ADR (MRKC) — Capital Reinvestment Ratio
MERCK KGAA NAM.SP.ADR (MRKC) has a Capital Reinvestment Ratio of 0.41x as of December 2025, meaning it reinvests 0% of its operating cash flow (€1.29 Billion) in capital expenditures (€528.00 Million). Check MERCK KGAA NAM.SP.ADR tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
MERCK KGAA NAM.SP.ADR Capital Reinvestment Ratio (2020–2025)
This chart tracks MERCK KGAA NAM.SP.ADR's Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see MRKC cash flow metrics.
Annual Capital Reinvestment Ratio for MERCK KGAA NAM.SP.ADR (2020–2025)
Year-by-year Capital Reinvestment Ratio for MERCK KGAA NAM.SP.ADR from 2020 to 2025. See MRKC FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.50x | €3.93 Billion | €1.96 Billion | ▲ +4.6% |
| 2024 | 0.48x | €4.59 Billion | €2.18 Billion | ▼ -10.9% |
| 2023 | 0.53x | €3.78 Billion | €2.02 Billion | ▲ +26.1% |
| 2022 | 0.42x | €4.26 Billion | €1.81 Billion | ▲ +37.7% |
| 2021 | 0.31x | €4.62 Billion | €1.42 Billion | ▼ -31.5% |
| 2020 | 0.45x | €3.48 Billion | €1.56 Billion | — |