Merck KGaA (MRK) — Cash Flow Quality Index
Merck KGaA (MRK) 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 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 KGaA Cash Flow Quality Index (2002–2025)
Historical Cash Flow Quality Index for Merck KGaA across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Merck KGaA (MRK) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Merck KGaA (2002–2025)
Year-by-year earnings quality comparison for Merck KGaA. For live market cap and the full company financial profile, see Merck KGaA (MRK) total market value.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.51x | €3.93 Billion | €2.61 Billion | ▼ -8.4% |
| 2024 | 1.65x | €4.59 Billion | €2.79 Billion | ▲ +22.8% |
| 2023 | 1.34x | €3.78 Billion | €2.82 Billion | ▲ +5.0% |
| 2022 | 1.28x | €4.26 Billion | €3.34 Billion | ▼ -15.3% |
| 2021 | 1.51x | €4.62 Billion | €3.06 Billion | ▼ -13.6% |
| 2020 | 1.74x | €3.48 Billion | €1.99 Billion | ▼ -19.2% |
| 2019 | 2.16x | €2.86 Billion | €1.32 Billion | ▲ +230.1% |
| 2018 | 0.65x | €2.22 Billion | €3.40 Billion | ▼ -36.7% |
| 2017 | 1.03x | €2.70 Billion | €2.61 Billion | ▼ -33.0% |
| 2016 | 1.54x | €2.52 Billion | €1.63 Billion | ▼ -21.0% |
| 2015 | 1.95x | €2.20 Billion | €1.12 Billion | ▼ -15.9% |
| 2014 | 2.32x | €2.71 Billion | €1.16 Billion | ▲ +26.2% |
| 2013 | 1.84x | €2.23 Billion | €1.21 Billion | ▼ -56.9% |
| 2012 | 4.27x | €2.47 Billion | €579.00 Million | ▲ +111.3% |
| 2011 | 2.02x | €1.27 Billion | €629.00 Million | ▼ -27.3% |
| 2010 | 2.78x | €1.78 Billion | €641.50 Million | ▼ -23.7% |
| 2009 | 3.64x | €1.37 Billion | €376.70 Million | ▲ +34.8% |
| 2008 | 2.70x | €1.02 Billion | €379.10 Million | ▲ +680.5% |
| 2007 | 0.35x | €1.22 Billion | €3.52 Billion | ▼ -57.3% |
| 2006 | 0.81x | €811.70 Million | €1.00 Billion | ▼ -25.6% |
| 2005 | 1.09x | €732.50 Million | €672.70 Million | ▲ +28.2% |
| 2004 | 0.85x | €570.90 Million | €671.90 Million | ▼ -75.4% |
| 2003 | 3.46x | €752.40 Million | €217.70 Million | ▲ +76.4% |
| 2002 | 1.96x | €421.70 Million | €215.20 Million | — |