MERCK KGAA NAM.SP.ADR (MRKC) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.045x

Based on the latest financial reports, MERCK KGAA NAM.SP.ADR (MRKC) has a cash flow conversion efficiency ratio of 0.045x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€1.29 Billion ≈ $1.51 Billion USD) by net assets (€28.66 Billion ≈ $33.51 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See MERCK KGAA NAM.SP.ADR balance sheet independence to measure how much of total assets are equity-financed.

MERCK KGAA NAM.SP.ADR - Cash Flow Conversion Efficiency Trend (2020–2025)

This chart illustrates how MERCK KGAA NAM.SP.ADR's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check MERCK KGAA NAM.SP.ADR (MRKC) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

MERCK KGAA NAM.SP.ADR Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of MERCK KGAA NAM.SP.ADR ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Lenovo Group Limited F:LHL1	0.073x
Samvardhana Motherson International Limited NSE:MOTHERSON	0.078x
Hengtong Optic Electric Co Ltd SHG:600487	0.014x
Api Group Corp NYSE:APG	0.024x
Banco Santander Chile SN:BSANTANDER	-0.075x
Samsung Fire & Marine Insurance KO:000810	0.080x
Super Micro Computer Inc NASDAQ:SMCI	-0.873x
Lattice Semiconductor Corporation NASDAQ:LSCC	0.068x

Annual Cash Flow Conversion Efficiency for MERCK KGAA NAM.SP.ADR (2020–2025)

The table below shows the annual cash flow conversion efficiency of MERCK KGAA NAM.SP.ADR from 2020 to 2025. For the full company profile with market capitalisation and key ratios, see MERCK KGAA NAM.SP.ADR market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	€28.66 Billion ≈ $33.51 Billion	€3.93 Billion ≈ $4.60 Billion	0.137x	-10.29%
2024-12-31	€29.99 Billion ≈ $35.06 Billion	€4.59 Billion ≈ $5.36 Billion	0.153x	+8.13%
2023-12-31	€26.75 Billion ≈ $31.28 Billion	€3.78 Billion ≈ $4.42 Billion	0.141x	-13.64%
2022-12-31	€26.00 Billion ≈ $30.40 Billion	€4.26 Billion ≈ $4.98 Billion	0.164x	-24.02%
2021-12-31	€21.42 Billion ≈ $25.04 Billion	€4.62 Billion ≈ $5.40 Billion	0.216x	+5.49%
2020-12-31	€17.02 Billion ≈ $19.89 Billion	€3.48 Billion ≈ $4.06 Billion	0.204x	--

About MERCK KGAA NAM.SP.ADR

F:MRKC Germany Drug Manufacturers - Specialty & Generic

Market Cap

$17.07 Billion

€14.60 Billion EUR

Market Cap Rank

#1457 Global

#326 in Germany

Share Price

€22.60

Change (1 day)

-2.59%

52-Week Range

€20.20 - €26.20

All Time High

€44.30