MERCK KGAA NAM.SP.ADR (MRKC) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.41x

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. Check MERCK KGAA NAM.SP.ADR earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.41x
(Capex + Investments) / Operating CF

Total Reinvested

€528.00 Million
Capex + Investments

Operating Cash Flow

€1.29 Billion
EUR

Capital Expenditures

€528.00 Million
EUR

MERCK KGAA NAM.SP.ADR Cash Flow Reinvestment Rate (2020–2025)

Historical reinvestment intensity for MERCK KGAA NAM.SP.ADR across 6 annual periods. Explore MERCK KGAA NAM.SP.ADR cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

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. For live market cap and broader valuation context, see MERCK KGAA NAM.SP.ADR market capitalisation.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow