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 how efficiently does Merck KGaA generate cash to assess how effectively this company generates cash.
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 total reinvestment intensity of Merck KGaA to assess the company's total reinvestment commitment from operating cash flow.
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 market cap of Merck KGaA.
| 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 | — |