Merck KGaA (MRK) — Capital Reinvestment Ratio
Latest as of December 2025:
0.32x
Merck KGaA (MRK) has a Capital Reinvestment Ratio of 0.32x as of December 2025, meaning it reinvests 0% of its operating cash flow (€1.29 Billion) in capital expenditures (€419.00 Million). See MRK free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.32x
Capex / Operating Cash Flow
Operating Cash Flow
€1.29 Billion
EUR
Capital Expenditures
€419.00 Million
EUR
Data as of
Dec 2025
Most recent filing
Merck KGaA Capital Reinvestment Ratio (2002–2025)
This chart tracks Merck KGaA's Capital Reinvestment Ratio across 24 annual periods.
Annual Capital Reinvestment Ratio for Merck KGaA (2002–2025)
Year-by-year Capital Reinvestment Ratio for Merck KGaA from 2002 to 2025. For live market cap and broader valuation context, see MRK company net worth.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.40x | €3.93 Billion | €1.58 Billion | ▼ -15.4% |
| 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 | ▲ +25.7% |
| 2019 | 0.36x | €2.86 Billion | €1.02 Billion | ▼ -21.9% |
| 2018 | 0.46x | €2.22 Billion | €1.02 Billion | ▼ -5.8% |
| 2017 | 0.49x | €2.70 Billion | €1.31 Billion | ▲ +44.4% |
| 2016 | 0.34x | €2.52 Billion | €848.00 Million | ▲ +6.7% |
| 2015 | 0.32x | €2.20 Billion | €693.00 Million | ▲ +36.8% |
| 2014 | 0.23x | €2.71 Billion | €624.20 Million | ▼ -0.6% |
| 2013 | 0.23x | €2.23 Billion | €516.60 Million | ▲ +21.2% |
| 2012 | 0.19x | €2.47 Billion | €473.30 Million | ▼ -45.4% |
| 2011 | 0.35x | €1.27 Billion | €446.00 Million | ▲ +25.0% |
| 2010 | 0.28x | €1.78 Billion | €500.40 Million | ▼ -31.7% |
| 2009 | 0.41x | €1.37 Billion | €563.90 Million | ▼ -21.4% |
| 2008 | 0.52x | €1.02 Billion | €535.60 Million | ▲ +57.8% |
| 2007 | 0.33x | €1.22 Billion | €403.90 Million | ▼ -13.1% |
| 2006 | 0.38x | €811.70 Million | €309.80 Million | ▼ -6.7% |
| 2005 | 0.41x | €732.50 Million | €299.50 Million | ▼ -8.5% |
| 2004 | 0.45x | €570.90 Million | €255.10 Million | ▲ +9.7% |
| 2003 | 0.41x | €752.40 Million | €306.40 Million | ▼ -58.3% |
| 2002 | 0.98x | €421.70 Million | €411.80 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow