Merck KGaA (MRK) — Cash Flow Reinvestment Rate
Latest as of December 2025:
0.32x
Merck KGaA (MRK) has a Cash Flow Reinvestment Rate of 0.32x as of December 2025, reinvesting €419.00 Million (capex €419.00 Million ) from operating cash flow of €1.29 Billion. Explore Merck KGaA capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
0.32x
(Capex + Investments) / Operating CF
Total Reinvested
€419.00 Million
Capex + Investments
Operating Cash Flow
€1.29 Billion
EUR
Capital Expenditures
€419.00 Million
EUR
Merck KGaA Cash Flow Reinvestment Rate (2002–2025)
Historical reinvestment intensity for Merck KGaA across 24 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 KGaA (2002–2025)
Year-by-year capital reinvestment analysis for Merck KGaA. For live market cap and broader valuation context, see MRK stock market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.40x | €1.58 Billion | €3.93 Billion | €1.58 Billion | ▼ -64.7% |
| 2024 | 1.14x | €5.23 Billion | €4.59 Billion | €2.18 Billion | ▲ +16.4% |
| 2023 | 0.98x | €3.71 Billion | €3.78 Billion | €2.02 Billion | ▼ -8.2% |
| 2022 | 1.07x | €4.55 Billion | €4.26 Billion | €1.81 Billion | ▲ +204.2% |
| 2021 | 0.35x | €1.62 Billion | €4.62 Billion | €1.42 Billion | ▼ -24.9% |
| 2020 | 0.47x | €1.62 Billion | €3.48 Billion | €1.56 Billion | ▲ +23.9% |
| 2019 | 0.38x | €1.08 Billion | €2.86 Billion | €1.02 Billion | ▼ -19.2% |
| 2018 | 0.47x | €1.04 Billion | €2.22 Billion | €1.02 Billion | ▼ -6.4% |
| 2017 | 0.50x | €1.34 Billion | €2.70 Billion | €1.31 Billion | ▼ -7.0% |
| 2016 | 0.54x | €1.35 Billion | €2.52 Billion | €848.00 Million | ▼ -58.1% |
| 2015 | 1.28x | €2.81 Billion | €2.20 Billion | €693.00 Million | ▲ +250.0% |
| 2014 | 0.37x | €989.50 Million | €2.71 Billion | €624.20 Million | ▼ -27.3% |
| 2013 | 0.50x | €1.12 Billion | €2.23 Billion | €516.60 Million | ▲ +162.8% |
| 2012 | 0.19x | €473.30 Million | €2.47 Billion | €473.30 Million | ▼ -45.4% |
| 2011 | 0.35x | €446.00 Million | €1.27 Billion | €446.00 Million | ▲ +25.0% |
| 2010 | 0.28x | €500.40 Million | €1.78 Billion | €500.40 Million | ▼ -31.7% |
| 2009 | 0.41x | €563.90 Million | €1.37 Billion | €563.90 Million | ▼ -21.4% |
| 2008 | 0.52x | €535.60 Million | €1.02 Billion | €535.60 Million | ▲ +57.8% |
| 2007 | 0.33x | €403.90 Million | €1.22 Billion | €403.90 Million | ▼ -13.1% |
| 2006 | 0.38x | €309.80 Million | €811.70 Million | €309.80 Million | ▼ -6.7% |
| 2005 | 0.41x | €299.50 Million | €732.50 Million | €299.50 Million | ▼ -8.5% |
| 2004 | 0.45x | €255.10 Million | €570.90 Million | €255.10 Million | ▲ +9.7% |
| 2003 | 0.41x | €306.40 Million | €752.40 Million | €306.40 Million | ▼ -58.3% |
| 2002 | 0.98x | €411.80 Million | €421.70 Million | €411.80 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow