Merck & Company Inc (MRK) — Financial Flexibility Index
Merck & Company Inc (MRK) has a Financial Flexibility Index of 0.11x as of September 2025. Free cash flow of $8.81 Billion (operating CF $7.82 Billion minus capex $987.00 Million) represents 0% of total liabilities ($77.64 Billion). Also explore MRK year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Merck & Company Inc Financial Flexibility Index (1989–2024)
Historical Financial Flexibility Index trend for Merck & Company Inc across 36 annual periods. Check MRK strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Merck & Company Inc (1989–2024)
Year-by-year free cash flow to debt coverage for Merck & Company Inc. For the full company profile including market capitalisation, see MRK market cap overview.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.35x | $24.84 Billion | $21.47 Billion | $70.73 Billion | ▲ +43.7% |
| 2023 | 0.24x | $16.87 Billion | $13.01 Billion | $69.04 Billion | ▼ -34.3% |
| 2022 | 0.37x | $23.48 Billion | $19.09 Billion | $63.10 Billion | ▲ +35.2% |
| 2021 | 0.28x | $18.56 Billion | $14.11 Billion | $67.44 Billion | ▲ +21.9% |
| 2020 | 0.23x | $14.94 Billion | $10.25 Billion | $66.18 Billion | ▼ -22.1% |
| 2019 | 0.29x | $16.91 Billion | $13.44 Billion | $58.40 Billion | ▲ +19.3% |
| 2018 | 0.24x | $13.54 Billion | $10.92 Billion | $55.76 Billion | ▲ +55.3% |
| 2017 | 0.16x | $8.34 Billion | $6.45 Billion | $53.30 Billion | ▼ -28.2% |
| 2016 | 0.22x | $11.99 Billion | $10.38 Billion | $55.07 Billion | ▼ -9.6% |
| 2015 | 0.24x | $13.70 Billion | $12.42 Billion | $56.91 Billion | ▲ +16.8% |
| 2014 | 0.21x | $10.18 Billion | $7.86 Billion | $49.38 Billion | ▼ -16.8% |
| 2013 | 0.25x | $13.20 Billion | $11.65 Billion | $53.32 Billion | ▲ +4.8% |
| 2012 | 0.24x | $11.98 Billion | $10.02 Billion | $50.67 Billion | ▼ -19.3% |
| 2011 | 0.29x | $14.11 Billion | $12.38 Billion | $48.19 Billion | ▲ +14.7% |
| 2010 | 0.26x | $12.50 Billion | $10.82 Billion | $48.98 Billion | ▲ +167.3% |
| 2009 | 0.10x | $4.85 Billion | $3.39 Billion | $50.83 Billion | ▼ -68.4% |
| 2008 | 0.30x | $7.87 Billion | $6.57 Billion | $26.03 Billion | ▲ +4.8% |
| 2007 | 0.29x | $8.01 Billion | $7.00 Billion | $27.76 Billion | ▼ -8.3% |
| 2006 | 0.31x | $7.75 Billion | $6.77 Billion | $24.60 Billion | ▼ -14.5% |
| 2005 | 0.37x | $9.01 Billion | $7.61 Billion | $24.46 Billion | ▼ -19.9% |
| 2004 | 0.46x | $10.53 Billion | $8.80 Billion | $22.88 Billion | ▼ -17.6% |
| 2003 | 0.56x | $11.78 Billion | $9.86 Billion | $21.10 Billion | ▲ +14.6% |
| 2002 | 0.49x | $11.90 Billion | $9.53 Billion | $24.43 Billion | ▼ -4.6% |
| 2001 | 0.51x | $11.80 Billion | $9.08 Billion | $23.13 Billion | ▼ -1.7% |
| 2000 | 0.52x | $10.42 Billion | $7.69 Billion | $20.06 Billion | ▲ +13.1% |
| 1999 | 0.46x | $8.69 Billion | $6.13 Billion | $18.93 Billion | ▼ -3.5% |
| 1998 | 0.48x | $7.30 Billion | $5.33 Billion | $15.35 Billion | ▼ -26.6% |
| 1997 | 0.65x | $7.77 Billion | $6.32 Billion | $11.98 Billion | ▼ -2.0% |
| 1996 | 0.66x | $6.62 Billion | $5.43 Billion | $10.01 Billion | ▲ +64.3% |
| 1995 | 0.40x | $3.95 Billion | $2.94 Billion | $9.81 Billion | ▼ -25.6% |
| 1994 | 0.54x | $5.15 Billion | $4.14 Billion | $9.51 Billion | ▲ +16.8% |
| 1993 | 0.46x | $4.06 Billion | $3.05 Billion | $8.76 Billion | ▼ -29.2% |
| 1992 | 0.65x | $3.57 Billion | $2.50 Billion | $5.46 Billion | ▼ -24.9% |
| 1991 | 0.87x | $3.48 Billion | $2.43 Billion | $3.99 Billion | ▲ +16.6% |
| 1990 | 0.75x | $2.73 Billion | $2.06 Billion | $3.65 Billion | ▲ +12.4% |
| 1989 | 0.67x | $1.81 Billion | $1.38 Billion | $2.73 Billion | — |