Merck & Company Inc (MRK) — Cash Flow Quality Index
Merck & Company Inc (MRK) has a Cash Flow Quality Index of 1.35x as of September 2025. Operating cash flow of $7.82 Billion exceeds net income of $5.79 Billion, indicating high earnings quality where cash backs reported profits. Explore Merck & Company Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Merck & Company Inc Cash Flow Quality Index (1989–2024)
Historical Cash Flow Quality Index for Merck & Company Inc across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Merck & Company Inc (MRK) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Merck & Company Inc (1989–2024)
Year-by-year earnings quality comparison for Merck & Company Inc. For live market cap and the full company financial profile, see Merck & Company Inc (MRK) total market value.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.25x | $21.47 Billion | $17.13 Billion | ▼ -96.5% |
| 2023 | 35.63x | $13.01 Billion | $365.00 Million | ▲ +2610.7% |
| 2022 | 1.31x | $19.09 Billion | $14.53 Billion | ▲ +15.1% |
| 2021 | 1.14x | $14.11 Billion | $12.36 Billion | ▼ -21.1% |
| 2020 | 1.45x | $10.25 Billion | $7.08 Billion | ▲ +5.3% |
| 2019 | 1.37x | $13.44 Billion | $9.78 Billion | ▼ -22.1% |
| 2018 | 1.76x | $10.92 Billion | $6.19 Billion | ▼ -33.9% |
| 2017 | 2.67x | $6.45 Billion | $2.42 Billion | ▲ +1.3% |
| 2016 | 2.63x | $10.38 Billion | $3.94 Billion | ▼ -5.5% |
| 2015 | 2.79x | $12.42 Billion | $4.46 Billion | ▲ +322.9% |
| 2014 | 0.66x | $7.86 Billion | $11.93 Billion | ▼ -74.5% |
| 2013 | 2.58x | $11.65 Billion | $4.52 Billion | ▲ +62.2% |
| 2012 | 1.59x | $10.02 Billion | $6.30 Billion | ▼ -17.9% |
| 2011 | 1.94x | $12.38 Billion | $6.39 Billion | ▼ -82.4% |
| 2010 | 11.02x | $10.82 Billion | $982.00 Million | ▲ +4131.5% |
| 2009 | 0.26x | $3.39 Billion | $13.02 Billion | ▼ -69.1% |
| 2008 | 0.84x | $6.57 Billion | $7.81 Billion | ▼ -60.6% |
| 2007 | 2.14x | $7.00 Billion | $3.28 Billion | ▲ +40.0% |
| 2006 | 1.53x | $6.77 Billion | $4.43 Billion | ▼ -7.1% |
| 2005 | 1.64x | $7.61 Billion | $4.63 Billion | ▲ +8.5% |
| 2004 | 1.51x | $8.80 Billion | $5.81 Billion | ▲ +4.8% |
| 2003 | 1.44x | $9.86 Billion | $6.83 Billion | ▲ +8.3% |
| 2002 | 1.33x | $9.53 Billion | $7.15 Billion | ▲ +6.9% |
| 2001 | 1.25x | $9.08 Billion | $7.28 Billion | ▲ +10.7% |
| 2000 | 1.13x | $7.69 Billion | $6.82 Billion | ▲ +8.3% |
| 1999 | 1.04x | $6.13 Billion | $5.89 Billion | ▲ +2.5% |
| 1998 | 1.02x | $5.33 Billion | $5.25 Billion | ▼ -25.8% |
| 1997 | 1.37x | $6.32 Billion | $4.61 Billion | ▼ -2.1% |
| 1996 | 1.40x | $5.43 Billion | $3.88 Billion | ▲ +58.4% |
| 1995 | 0.88x | $2.94 Billion | $3.34 Billion | ▼ -36.1% |
| 1994 | 1.38x | $4.14 Billion | $3.00 Billion | ▼ -1.8% |
| 1993 | 1.41x | $3.05 Billion | $2.17 Billion | ▲ +37.5% |
| 1992 | 1.02x | $2.50 Billion | $2.45 Billion | ▼ -10.8% |
| 1991 | 1.15x | $2.43 Billion | $2.12 Billion | ▼ -0.6% |
| 1990 | 1.15x | $2.06 Billion | $1.78 Billion | ▲ +25.0% |
| 1989 | 0.92x | $1.38 Billion | $1.50 Billion | — |