
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
時価総額
$297.95B
PER (TTM)
16.3
35.5
配当利回り
2.8%
52週高値
$122.66
52週安値
$73.31
52週レンジ
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
$0.00+0.00%
直近4四半期の推移
2025 Q3 決算ハイライト
主なハイライト
Total Sales Increased 4% Total Sales for Q3 2025 reached $17.28B, a 4% increase; US sales grew 15%, offsetting an 8% decline internationally.
Net Income Significantly Higher Net Income Attributable to Merck for Q3 2025 was $5.79B, a substantial increase from $3.16B reported in Q3 2024.
Keytruda Sales Growth Continues Keytruda oncology sales grew 10% to $8.14B in the quarter, driven by demand across multiple metastatic indications.
New Cardiovascular Launch Winrevair cardiovascular sales reached $360M in Q3 2025, showing strong uptake compared to $149M in the prior year.
リスク要因
Vaccines Sales Decline Gardasil/Gardasil 9 sales declined 24% in Q3, primarily due to lower demand and inventory adjustments observed in China.
Restructuring Program Costs The newly approved 2025 Restructuring Program is estimated to incur cumulative pretax costs of approximately $3.0B.
Dificid Market Exclusivity Loss Dificid sales dropped 55% in Q3 following U.S. market exclusivity loss in July 2025, expecting continued decline.
Tax Audit Uncertainty IRS is contesting transition tax adjustments, potentially leading to material financial statement impact if the defense fails.
見通し
Pipeline Regulatory Progress Keytruda subcutaneous (MK-3475A) expects final EC decision in Q4 2025; several other Phase 3 candidates advancing.
Major Acquisition Integration Completed $10.5B Verona Pharma acquisition in October 2025, integrating Ohtuvayre for COPD treatment.
Share Repurchase Activity Board authorized an additional $10B for treasury stock purchases; $3.8B was executed in the first nine months of 2025.
Pricing Pressure Expected Anticipates continued negative sales impact from global government pricing actions, including IRA mandates starting 2026.
同業比較
売上高 (TTM)
MRK$65.01B
PFE$62.58B
AZN$58.74B
粗利益率 (最新四半期)
MRK92.7%
GILD86.8%
AMGN81.9%
主要指標
銘柄コード | 時価総額 | PER (TTM) | ROE (TTM) | 負債比率 |
|---|---|---|---|---|
| AZN | $634.13B | 33.4 | 22.1% | 26.0% |
| NVS | $311.57B | 21.0 | 34.3% | 32.1% |
| MRK | $297.95B | 16.3 | 36.3% | 0.0% |
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
75%
キャッシュフローの変動が大きい
深度リサーチ
次回決算:2026年4月23日
EPS:-
|売上高:-
財務レポート
財務データ
全年度
Form 10-Q - Q3 2025
会計期末: 2025年9月30日|提出日: 2025年11月5日|売上高: $17.28B+3.7%|EPS: $2.32+85.6%予想通りForm 10-Q - Q2 2025
会計期末: 2025年6月30日|提出日: 2025年8月5日|売上高: $15.81B-1.9%|EPS: $1.77-17.7%予想を下回るForm 10-Q - Q1 2025
会計期末: 2025年3月31日|提出日: 2025年5月2日|売上高: $15.53B-1.6%|EPS: $2.02+7.4%予想を下回るForm 10-K - FY 2024
会計期末: 2024年12月31日|提出日: 2025年2月25日|売上高: $64.17B+6.7%|EPS: $6.76+4728.6%予想を上回るForm 10-Q - Q3 2024
会計期末: 2024年9月30日|提出日: 2024年11月6日|売上高: $16.66B+4.4%|EPS: $1.25-33.2%予想を下回るForm 10-Q - Q2 2024
会計期末: 2024年6月30日|提出日: 2024年8月5日|売上高: $16.11B+7.2%|EPS: $2.15-191.5%予想通りForm 10-Q - Q1 2024
会計期末: 2024年3月31日|提出日: 2024年5月3日|売上高: $15.78B+8.9%|EPS: $1.88+69.4%予想通りForm 10-K/A - FY 2023
会計期末: 2023年12月31日|提出日: 2024年4月11日|売上高: $60.12B+1.4%|EPS: $0.14-97.6%予想を上回る