MERCK KGAA NAM.SP.ADR (MRKC) — Cash Flow Quality Index

Latest as of December 2025: 4.05x

MERCK KGAA NAM.SP.ADR (MRKC) has a Cash Flow Quality Index of 4.05x as of December 2025. Operating cash flow of €1.29 Billion exceeds net income of €319.00 Million, indicating high earnings quality where cash backs reported profits. Explore MERCK KGAA NAM.SP.ADR cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

4.05x
Operating CF / Net Income

Operating Cash Flow

€1.29 Billion
EUR

Net Income

€319.00 Million
EUR

Data as of

Dec 2025
Most recent filing

MERCK KGAA NAM.SP.ADR Cash Flow Quality Index (2020–2025)

Historical Cash Flow Quality Index for MERCK KGAA NAM.SP.ADR across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see MRKC cash flow metrics.

Annual Cash Flow Quality Index for MERCK KGAA NAM.SP.ADR (2020–2025)

Year-by-year earnings quality comparison for MERCK KGAA NAM.SP.ADR.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 1.51x €3.93 Billion €2.61 Billion ▼ -8.7%
2024 1.65x €4.59 Billion €2.78 Billion ▲ +23.3%
2023 1.34x €3.78 Billion €2.82 Billion ▲ +4.6%
2022 1.28x €4.26 Billion €3.33 Billion ▼ -15.3%
2021 1.51x €4.62 Billion €3.05 Billion ▼ -13.6%
2020 1.75x €3.48 Billion €1.99 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.