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Merck & Co., Inc.

NYSE•MRK
CEO: Mr. Robert M. Davis J.D.
セクター: Healthcare
業種: Drug Manufacturers - General
上場日: 1978-01-13
Merck & Co., Inc. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes under the Keytruda, Bridion, Adempas, Lagevrio, Belsomra, Simponi, and Januvia brands, as well as vaccine products consisting of preventive pediatric, adolescent, and adult vaccines under the Gardasil/Gardasil 9, ProQuad, M-M-R II, Varivax, RotaTeq, Live Oral, Vaxneuvance, Pneumovax 23, and Vaqta names. The Animal Health segment discovers, develops, manufactures, and markets veterinary pharmaceuticals, vaccines, and health management solutions and services, as well as digitally connected identification, traceability, and monitoring products. vIt has development and commercialization agreement for three of Daiichi Sankyo's deruxtecan ADC candidates, which include patritumab deruxtecan, ifinatamab deruxtecan, and raludotatug deruxtecan for the treatment of multiple solid tumors both as monotherapy and/or in combination with other treatments; and AstraZeneca PLC to co-development and co-commercialize AstraZeneca's Lynparza products for multiple cancer types, and Koselugo for multiple indications. It also has licensed to develop, manufacture and commercialize LM-299, a novel investigational PD-1/VEGF bispecific antibody from LaNova. The company also has a collaboration agreement with Eisai Co., Ltd., Bayer AG, and Ridgeback Biotherapeutics LP, as well Moderna, Inc. Merck & Co., Inc. was founded in 1891 and is headquartered in Rahway, New Jersey.
連絡先情報
126 East Lincoln Avenue, Rahway, NJ, 07065, United States
908-740-4000
www.merck.com
時価総額
$286.57B
PER (TTM)
15.8
35.9
配当利回り
2.8%
52週高値
$125.14
52週安値
$73.31
52週レンジ
82%
順位17Top 4.2%
6.4
F-Score
改良版 Piotroski 分析
10年ファンダメンタル
強い • 6.4 / 9 ポイント
スコアレンジ (0-9)
8-9: 価値が優れている
6-7: 基礎体質が強い
4-5: 全体的に堅調
0-3: パフォーマンスが弱い
データ期間: 2016-2025

財務ダッシュボード

Q4 2025 データ

売上高

$16.40B+0.00%
直近4四半期の推移

EPS

$1.19+0.00%
直近4四半期の推移

フリーCF

$1.82B+0.00%
直近4四半期の推移

2025 Annual 決算ハイライト

主なハイライト

Total Sales Growth Sales reached $65.011 B USD, marking 1% growth over 2024 (2% excluding FX impact).
Keytruda Franchise Strength Keytruda/Qlex revenue grew 7% to $31.680 B USD, driven by higher utilization across earlier-stage indications.
Net Income Improvement GAAP Net Income grew 7% to $18.254 B USD, supported by strong oncology franchise performance and alliance revenue growth.
Capital Returned to Shareholders Returned $13.3 B USD via dividends and authorized a new $10 B USD share repurchase program for treasury stock.

リスク要因

Patent Exclusivity Loss Bridion, Januvia, and Janumet face imminent market exclusivity loss impacting U.S. sales significantly starting 2026.
China Market Sales Decline International sales declined 11% in 2025, primarily due to lower Gardasil/Gardasil 9 demand in China; expected flat growth in 2026.
Global Pricing Pressure Continued global pricing pressure from government cost containment measures negatively affects operating results and margins.
R&D Success Uncertainty R&D pipeline success remains uncertain; potential impairment charges exist for acquired IPR&D assets like gefapixant.

見通し

2025 Restructuring Program 2025 Restructuring Program initiated, targeting $1.7 B USD in annual cost savings by the end of 2027.
Late-Stage Pipeline Advancement Advanced late-stage pipeline with several regulatory submissions for Keytruda and other candidates expected in 2026.
Focus on Strategic Growth Focus remains on science-led development, including recent acquisitions like Verona Pharma and Cidara closing in January 2026.
Capital Allocation Strategy Board authorized new $10 B USD share repurchase program in January 2025 for treasury stock purchases.

同業比較

売上高 (TTM)

MRK stock ticker logoMRK
$65.01B
+1.3%
PFE stock ticker logoPFE
$62.58B
-1.6%
AZN stock ticker logoAZN
$58.74B
+8.6%

粗利益率 (最新四半期)

MRK stock ticker logoMRK
92.7%
+2.2pp
GILD stock ticker logoGILD
86.8%
+0.7pp
AMGN stock ticker logoAMGN
81.9%
+16.1pp

主要指標

銘柄コード
時価総額
PER (TTM)
ROE (TTM)
負債比率
AZN$298.43B28.723.0%26.0%
NVS$298.18B21.032.8%32.1%
MRK$286.57B15.836.2%36.9%

長期トレンド

直近4四半期
売上高
純利益
営業キャッシュフロー
4四半期売上高CAGR
1.8%
緩やかな成長
4四半期純利益CAGR
-16.4%
収益性の低下
キャッシュフロー安定性
100%
優れたキャッシュフローの実績

深度リサーチ

次回決算:2026年4月23日
|
EPS:-$0.41
|
売上高:-
財務データ
決算説明会
財務レポート
ニュース
損益計算書
バランスシート
キャッシュフロー計算書
財務比率
変化率
損益計算書
直近12ヶ月
データなし