MERCK KGAA NAM.SP.ADR (MRKC) — Cash Flow Reinvestment Rate
MERCK KGAA NAM.SP.ADR (MRKC) has a Cash Flow Reinvestment Rate of 0.41x as of December 2025, reinvesting €528.00 Million (capex €528.00 Million ) from operating cash flow of €1.29 Billion. See MERCK KGAA NAM.SP.ADR free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
MERCK KGAA NAM.SP.ADR Cash Flow Reinvestment Rate (2020–2025)
Historical reinvestment intensity for MERCK KGAA NAM.SP.ADR across 6 annual periods. For the full cash flow conversion analysis, see MERCK KGAA NAM.SP.ADR (MRKC) cash conversion ratio.
Annual Cash Flow Reinvestment Rate for MERCK KGAA NAM.SP.ADR (2020–2025)
Year-by-year capital reinvestment analysis for MERCK KGAA NAM.SP.ADR. See MRKC financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.50x | €1.96 Billion | €3.93 Billion | €1.96 Billion | ▼ -56.4% |
| 2024 | 1.14x | €5.23 Billion | €4.59 Billion | €2.18 Billion | ▲ +110.7% |
| 2023 | 0.54x | €2.05 Billion | €3.78 Billion | €2.02 Billion | ▼ -49.3% |
| 2022 | 1.07x | €4.55 Billion | €4.26 Billion | €1.81 Billion | ▲ +64.4% |
| 2021 | 0.65x | €3.00 Billion | €4.62 Billion | €1.42 Billion | ▼ -22.2% |
| 2020 | 0.83x | €2.90 Billion | €3.48 Billion | €1.56 Billion | — |