Merck & Company Inc (MRK) — Cash Flow Reinvestment Rate
Merck & Company Inc (MRK) has a Cash Flow Reinvestment Rate of 0.16x as of September 2025, reinvesting $1.27 Billion (capex $987.00 Million plus investments $-283.00 Million) from operating cash flow of $7.82 Billion. Explore Merck & Company Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Merck & Company Inc Cash Flow Reinvestment Rate (1989–2024)
Historical reinvestment intensity for Merck & Company Inc across 36 annual periods. Also explore MRK current and non-current assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Merck & Company Inc (1989–2024)
Year-by-year capital reinvestment analysis for Merck & Company Inc. For live market cap and broader valuation context, see MRK stock market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.52x | $11.11 Billion | $21.47 Billion | $3.37 Billion | ▼ -65.9% |
| 2023 | 1.52x | $19.75 Billion | $13.01 Billion | $3.86 Billion | ▲ +495.2% |
| 2022 | 0.26x | $4.87 Billion | $19.09 Billion | $4.39 Billion | ▼ -34.2% |
| 2021 | 0.39x | $5.47 Billion | $14.11 Billion | $4.45 Billion | ▼ -37.9% |
| 2020 | 0.62x | $6.40 Billion | $10.25 Billion | $4.68 Billion | ▼ -5.6% |
| 2019 | 0.66x | $8.89 Billion | $13.44 Billion | $3.47 Billion | ▼ -26.8% |
| 2018 | 0.90x | $9.87 Billion | $10.92 Billion | $2.62 Billion | ▼ -14.5% |
| 2017 | 1.06x | $6.81 Billion | $6.45 Billion | $1.89 Billion | ▲ +280.3% |
| 2016 | 0.28x | $2.88 Billion | $10.38 Billion | $1.61 Billion | ▼ -33.0% |
| 2015 | 0.41x | $5.15 Billion | $12.42 Billion | $1.28 Billion | ▼ -71.7% |
| 2014 | 1.47x | $11.53 Billion | $7.86 Billion | $2.32 Billion | ▲ +491.5% |
| 2013 | 0.25x | $2.89 Billion | $11.65 Billion | $1.55 Billion | ▼ -64.5% |
| 2012 | 0.70x | $7.01 Billion | $10.02 Billion | $1.95 Billion | ▲ +218.1% |
| 2011 | 0.22x | $2.72 Billion | $12.38 Billion | $1.72 Billion | ▼ -65.4% |
| 2010 | 0.64x | $6.89 Billion | $10.82 Billion | $1.68 Billion | ▼ -82.6% |
| 2009 | 3.66x | $12.40 Billion | $3.39 Billion | $1.46 Billion | ▲ +1750.8% |
| 2008 | 0.20x | $1.30 Billion | $6.57 Billion | $1.30 Billion | ▲ +36.8% |
| 2007 | 0.14x | $1.01 Billion | $7.00 Billion | $1.01 Billion | ▼ -0.3% |
| 2006 | 0.14x | $980.20 Million | $6.77 Billion | $980.20 Million | ▼ -21.4% |
| 2005 | 0.18x | $1.40 Billion | $7.61 Billion | $1.40 Billion | ▼ -6.0% |
| 2004 | 0.20x | $1.73 Billion | $8.80 Billion | $1.73 Billion | ▲ +1.0% |
| 2003 | 0.19x | $1.92 Billion | $9.86 Billion | $1.92 Billion | ▼ -21.9% |
| 2002 | 0.25x | $2.37 Billion | $9.53 Billion | $2.37 Billion | ▼ -17.1% |
| 2001 | 0.30x | $2.72 Billion | $9.08 Billion | $2.72 Billion | ▼ -15.4% |
| 2000 | 0.35x | $2.73 Billion | $7.69 Billion | $2.73 Billion | ▼ -15.0% |
| 1999 | 0.42x | $2.56 Billion | $6.13 Billion | $2.56 Billion | ▲ +12.8% |
| 1998 | 0.37x | $1.97 Billion | $5.33 Billion | $1.97 Billion | ▲ +61.5% |
| 1997 | 0.23x | $1.45 Billion | $6.32 Billion | $1.45 Billion | ▲ +4.0% |
| 1996 | 0.22x | $1.20 Billion | $5.43 Billion | $1.20 Billion | ▼ -35.4% |
| 1995 | 0.34x | $1.01 Billion | $2.94 Billion | $1.01 Billion | ▲ +40.1% |
| 1994 | 0.24x | $1.01 Billion | $4.14 Billion | $1.01 Billion | ▼ -26.6% |
| 1993 | 0.33x | $1.01 Billion | $3.05 Billion | $1.01 Billion | ▼ -22.0% |
| 1992 | 0.43x | $1.07 Billion | $2.50 Billion | $1.07 Billion | ▼ -0.5% |
| 1991 | 0.43x | $1.04 Billion | $2.43 Billion | $1.04 Billion | ▲ +31.1% |
| 1990 | 0.33x | $670.80 Million | $2.06 Billion | $670.80 Million | ▲ +4.1% |
| 1989 | 0.31x | $433.00 Million | $1.38 Billion | $433.00 Million | — |