Merck KGaA (MKKGY)

Merck KGaA Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	21,219	21,156	20,993	22,232	19,687	17,534
Revenue Growth (YoY)	1.67%	0.78%	-5.57%	12.93%	12.28%	8.56%
Cost of Revenue	8,765	8,632	8,558	8,500	7,325	6,782
Gross Profit	12,454	12,524	12,435	13,732	12,362	10,752
Selling, General & Admin	5,926	5,884	5,784	5,989	5,458	5,295
Research & Development	2,131	2,269	2,439	2,447	2,418	2,262
Other Operating Expenses	125	274	510	325	177	119
Operating Expenses	8,193	8,438	8,735	8,754	8,056	7,681
Operating Income	4,261	4,086	3,700	4,978	4,306	3,071
Interest Expense	-240	-229	-260	-196	-245	-328
Interest & Investment Income	102	164	172	71	46	39
Currency Exchange Gain (Loss)	20	20	51	-109	-34	-60
Other Non Operating Income (Expenses)	30	30	26	-3	14	2
EBT Excluding Unusual Items	4,173	4,071	3,689	4,741	4,087	2,724
Merger & Restructuring Charges	-144	-144	-248	-199	-141	-360
Gain (Loss) on Sale of Assets	-3	-3	132	45	63	94
Asset Writedown	-328	-328	-98	-232	-54	-183
Legal Settlements	-48	-48	-1	-6	8	372
Other Unusual Items	-11	-11	10	-61	-39	-16
Pretax Income	3,639	3,537	3,484	4,288	3,924	2,631
Income Tax Expense	764	751	650	948	859	637
Earnings From Continuing Operations	2,875	2,786	2,834	3,340	3,065	1,994
Net Income to Company	2,875	2,786	2,834	3,340	3,065	1,994
Minority Interest in Earnings	-12	-9	-10	-14	-10	-7
Net Income	2,863	2,777	2,824	3,326	3,055	1,987
Net Income to Common	2,863	2,777	2,824	3,326	3,055	1,987
Net Income Growth	9.03%	-1.66%	-15.09%	8.87%	53.75%	50.53%
Shares Outstanding (Basic)	434	435	435	435	435	435
Shares Outstanding (Diluted)	434	435	435	435	435	435
Shares Change (YoY)	-0.15%	-	-	-	-	-
EPS (Basic)	6.59	6.39	6.50	7.65	7.03	4.57
EPS (Diluted)	6.59	6.39	6.49	7.65	7.03	4.57
EPS Growth	9.29%	-1.58%	-15.16%	8.87%	53.75%	50.61%
Free Cash Flow	2,163	2,884	1,977	2,728	3,550	2,064
Free Cash Flow Per Share	4.98	6.63	4.55	6.27	8.16	4.75
Dividend Per Share	2.200	2.200	2.200	2.200	1.850	1.400
Dividend Growth	-	-	-	18.92%	32.14%	7.69%
Gross Margin	58.69%	59.20%	59.23%	61.77%	62.79%	61.32%
Operating Margin	20.08%	19.31%	17.63%	22.39%	21.87%	17.52%
Profit Margin	13.49%	13.13%	13.45%	14.96%	15.52%	11.33%
Free Cash Flow Margin	10.19%	13.63%	9.42%	12.27%	18.03%	11.77%
EBITDA	5,953	5,782	5,378	6,522	5,788	4,591
EBITDA Margin	28.06%	27.33%	25.62%	29.34%	29.40%	26.18%
D&A For EBITDA	1,692	1,696	1,678	1,544	1,482	1,520
EBIT	4,261	4,086	3,700	4,978	4,306	3,071
EBIT Margin	20.08%	19.31%	17.63%	22.39%	21.87%	17.52%
Effective Tax Rate	21.00%	21.23%	18.66%	22.11%	21.89%	24.21%
Advertising Expenses	-	526	515	476	461	413

Source: S&P Global Market Intelligence. Standard template. Financial Sources.