Merck KGaA (MRK) - Cash Flow Conversion Efficiency

Latest as of June 2026: 0.020x

Based on the latest financial reports, Merck KGaA (MRK) has a cash flow conversion efficiency ratio of 0.020x as of June 2026. 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 (€605.00 Million ≈ $707.31 Million USD) by net assets (€30.29 Billion ≈ $35.41 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market value of Merck KGaA for the company's overall valuation and market capitalisation.

Merck KGaA - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Merck KGaA's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Merck KGaA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Merck KGaA ranked by their cash flow conversion efficiency. Explore how high is Merck KGaA's earnings quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Tower Semiconductor Ltd TA:TSEM	0.058x
Arca Continental S.A.B. de C.V MX:AC	0.051x
Evolution Mining Ltd AU:EVN	0.222x
Grace Fabric Technology Co Ltd SHG:603256	0.028x
Krung Thai Bank Public Company Limited BK:KTB	0.286x
Fubon Financial Holding Co Ltd Pref B TW:2881B	0.005x
Huatai Securities Co Ltd SHG:601688	0.170x
Helvetia Holding AG SW:HELN	0.064x

Annual Cash Flow Conversion Efficiency for Merck KGaA (2002–2025)

The table below shows the annual cash flow conversion efficiency of Merck KGaA from 2002 to 2025. View current stock price of Merck KGaA for real-time trading data and today's change.

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	+28.15%
2019-12-31	€17.91 Billion ≈ $20.94 Billion	€2.86 Billion ≈ $3.34 Billion	0.159x	+23.82%
2018-12-31	€17.23 Billion ≈ $20.15 Billion	€2.22 Billion ≈ $2.59 Billion	0.129x	-32.82%
2017-12-31	€14.07 Billion ≈ $16.44 Billion	€2.70 Billion ≈ $3.15 Billion	0.192x	+6.95%
2016-12-31	€14.05 Billion ≈ $16.43 Billion	€2.52 Billion ≈ $2.94 Billion	0.179x	+4.95%
2015-12-31	€12.86 Billion ≈ $15.03 Billion	€2.20 Billion ≈ $2.57 Billion	0.171x	-25.52%
2014-12-31	€11.80 Billion ≈ $13.80 Billion	€2.71 Billion ≈ $3.16 Billion	0.229x	+14.03%
2013-12-31	€11.07 Billion ≈ $12.94 Billion	€2.23 Billion ≈ $2.60 Billion	0.201x	-15.30%
2012-12-31	€10.41 Billion ≈ $12.18 Billion	€2.47 Billion ≈ $2.89 Billion	0.237x	+95.95%
2011-12-31	€10.49 Billion ≈ $12.27 Billion	€1.27 Billion ≈ $1.49 Billion	0.121x	-29.51%
2010-12-31	€10.37 Billion ≈ $12.13 Billion	€1.78 Billion ≈ $2.08 Billion	0.172x	+19.24%
2009-12-31	€9.51 Billion ≈ $11.12 Billion	€1.37 Billion ≈ $1.60 Billion	0.144x	+35.42%
2008-12-31	€9.62 Billion ≈ $11.25 Billion	€1.02 Billion ≈ $1.20 Billion	0.106x	-24.10%
2007-12-31	€8.69 Billion ≈ $10.16 Billion	€1.22 Billion ≈ $1.42 Billion	0.140x	-34.22%
2006-12-31	€3.81 Billion ≈ $4.45 Billion	€811.70 Million ≈ $948.96 Million	0.213x	-3.11%
2005-12-31	€3.33 Billion ≈ $3.89 Billion	€732.50 Million ≈ $856.37 Million	0.220x	+11.57%
2004-12-31	€2.89 Billion ≈ $3.38 Billion	€570.90 Million ≈ $667.44 Million	0.197x	-38.07%
2003-12-31	€2.36 Billion ≈ $2.76 Billion	€752.40 Million ≈ $879.63 Million	0.318x	+55.07%
2002-12-31	€2.05 Billion ≈ $2.40 Billion	€421.70 Million ≈ $493.01 Million	0.205x	--

About Merck KGaA

XETRA:MRK Germany Drug Manufacturers - Specialty & Generic

Market Cap

$19.62 Billion

€16.78 Billion EUR

Market Cap Rank

#1305 Global

#291 in Germany

Share Price

€129.85

Change (1 day)

-1.22%

52-Week Range

€102.80 - €147.50

All Time High

€220.61