
Merck & Co Inc
NYSE:MRK

Income Statement
Earnings Waterfall
Merck & Co Inc
Revenue
|
64.2B
USD
|
Cost of Revenue
|
-12.3B
USD
|
Gross Profit
|
51.9B
USD
|
Operating Expenses
|
-28.5B
USD
|
Operating Income
|
23.4B
USD
|
Other Expenses
|
-6.3B
USD
|
Net Income
|
17.1B
USD
|
Income Statement
Merck & Co Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
42 237
N/A
|
41 398
-2%
|
40 249
-3%
|
39 765
-1%
|
39 498
-1%
|
39 385
0%
|
39 444
+0%
|
39 907
+1%
|
39 807
0%
|
39 929
+0%
|
40 015
+0%
|
39 804
-1%
|
40 122
+1%
|
40 725
+2%
|
41 260
+1%
|
41 729
+1%
|
42 294
+1%
|
43 073
+2%
|
44 368
+3%
|
45 971
+4%
|
39 121
-15%
|
38 593
-1%
|
36 186
-6%
|
34 718
-4%
|
41 518
+20%
|
41 857
+1%
|
43 906
+5%
|
46 131
+5%
|
48 704
+6%
|
53 978
+11%
|
57 169
+6%
|
58 974
+3%
|
59 283
+1%
|
57 869
-2%
|
58 311
+1%
|
59 314
+2%
|
60 115
+1%
|
61 402
+2%
|
62 479
+2%
|
63 174
+1%
|
64 168
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(16 286)
|
(15 954)
|
(14 881)
|
(14 436)
|
(14 528)
|
(14 349)
|
(14 117)
|
(13 799)
|
(13 502)
|
(13 105)
|
(12 688)
|
(12 564)
|
(12 640)
|
(12 942)
|
(13 356)
|
(13 304)
|
(13 065)
|
(12 905)
|
(12 827)
|
(13 558)
|
(11 060)
|
(10 803)
|
(10 189)
|
(9 236)
|
(11 583)
|
(13 406)
|
(13 713)
|
(14 140)
|
(13 241)
|
(15 592)
|
(16 712)
|
(17 190)
|
(17 206)
|
(15 769)
|
(15 612)
|
(15 963)
|
(15 915)
|
(15 442)
|
(15 129)
|
(14 786)
|
(12 289)
|
|
Gross Profit |
25 951
N/A
|
25 444
-2%
|
25 368
0%
|
25 329
0%
|
24 970
-1%
|
25 036
+0%
|
25 327
+1%
|
26 108
+3%
|
26 305
+1%
|
26 824
+2%
|
27 327
+2%
|
27 240
0%
|
27 482
+1%
|
27 783
+1%
|
27 904
+0%
|
28 425
+2%
|
29 229
+3%
|
30 168
+3%
|
31 541
+5%
|
32 413
+3%
|
28 061
-13%
|
27 790
-1%
|
25 997
-6%
|
25 482
-2%
|
29 935
+17%
|
28 451
-5%
|
30 193
+6%
|
31 991
+6%
|
35 463
+11%
|
38 386
+8%
|
40 457
+5%
|
41 784
+3%
|
42 077
+1%
|
42 100
+0%
|
42 699
+1%
|
43 351
+2%
|
44 200
+2%
|
45 960
+4%
|
47 350
+3%
|
48 388
+2%
|
51 879
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(17 975)
|
(17 834)
|
(17 443)
|
(16 980)
|
(16 364)
|
(16 183)
|
(16 302)
|
(16 391)
|
(16 363)
|
(16 676)
|
(16 607)
|
(16 782)
|
(17 523)
|
(17 655)
|
(17 913)
|
(18 252)
|
(17 921)
|
(18 128)
|
(18 560)
|
(18 854)
|
(17 976)
|
(18 318)
|
(17 580)
|
(18 146)
|
(19 010)
|
(19 351)
|
(20 113)
|
(19 506)
|
(19 869)
|
(20 108)
|
(20 479)
|
(21 716)
|
(21 766)
|
(22 274)
|
(22 783)
|
(22 564)
|
(23 045)
|
(23 478)
|
(23 916)
|
(26 692)
|
(28 481)
|
|
Selling, General & Administrative |
(11 172)
|
(10 819)
|
(10 394)
|
(10 026)
|
(9 799)
|
(9 773)
|
(9 655)
|
(9 582)
|
(9 844)
|
(9 941)
|
(10 024)
|
(10 058)
|
(10 028)
|
(10 153)
|
(10 224)
|
(10 277)
|
(10 067)
|
(9 985)
|
(10 158)
|
(10 303)
|
(9 421)
|
(9 536)
|
(8 930)
|
(8 387)
|
(8 908)
|
(8 913)
|
(9 118)
|
(9 404)
|
(9 615)
|
(9 732)
|
(9 938)
|
(10 101)
|
(9 948)
|
(10 124)
|
(10 289)
|
(10 274)
|
(10 382)
|
(10 382)
|
(10 440)
|
(10 661)
|
(10 616)
|
|
Research & Development |
(6 803)
|
(7 015)
|
(7 049)
|
(6 954)
|
(6 565)
|
(6 410)
|
(6 647)
|
(6 809)
|
(6 519)
|
(6 735)
|
(6 583)
|
(6 724)
|
(7 495)
|
(7 502)
|
(7 689)
|
(7 975)
|
(7 854)
|
(8 143)
|
(8 402)
|
(8 551)
|
(8 555)
|
(8 782)
|
(8 650)
|
(9 759)
|
(10 102)
|
(10 438)
|
(10 995)
|
(10 102)
|
(10 254)
|
(10 376)
|
(10 541)
|
(11 615)
|
(11 818)
|
(12 150)
|
(12 494)
|
(12 290)
|
(12 663)
|
(13 096)
|
(13 476)
|
(16 031)
|
(17 865)
|
|
Operating Income |
7 976
N/A
|
7 610
-5%
|
7 925
+4%
|
8 349
+5%
|
8 606
+3%
|
8 853
+3%
|
9 025
+2%
|
9 717
+8%
|
9 942
+2%
|
10 148
+2%
|
10 720
+6%
|
10 458
-2%
|
9 959
-5%
|
10 128
+2%
|
9 991
-1%
|
10 173
+2%
|
11 308
+11%
|
12 040
+6%
|
12 981
+8%
|
13 559
+4%
|
10 085
-26%
|
9 472
-6%
|
8 417
-11%
|
7 336
-13%
|
10 925
+49%
|
9 100
-17%
|
10 080
+11%
|
12 485
+24%
|
15 594
+25%
|
18 278
+17%
|
19 978
+9%
|
20 068
+0%
|
20 311
+1%
|
19 826
-2%
|
19 916
+0%
|
20 787
+4%
|
21 155
+2%
|
22 482
+6%
|
23 434
+4%
|
21 696
-7%
|
23 398
+8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(389)
|
(390)
|
(1 153)
|
(1 256)
|
(983)
|
(1 063)
|
(231)
|
(62)
|
(496)
|
(423)
|
(544)
|
(644)
|
(116)
|
(300)
|
(314)
|
(180)
|
10
|
(337)
|
(344)
|
(477)
|
(636)
|
(579)
|
(120)
|
228
|
421
|
955
|
596
|
888
|
873
|
(452)
|
(1 020)
|
(2 139)
|
(2 461)
|
(1 222)
|
(1 032)
|
(723)
|
(811)
|
(1 239)
|
(1 079)
|
(984)
|
(1 114)
|
|
Non-Reccuring Items |
(2 306)
|
(2 433)
|
(2 444)
|
(1 965)
|
(3 087)
|
(3 098)
|
(3 178)
|
(3 186)
|
(5 094)
|
(4 793)
|
(4 506)
|
(7 041)
|
(3 938)
|
(5 114)
|
(5 436)
|
(3 239)
|
(3 009)
|
(1 540)
|
(1 120)
|
(1 809)
|
(2 785)
|
(2 764)
|
(2 754)
|
(1 661)
|
(5 952)
|
(4 618)
|
(6 338)
|
(6 321)
|
(3 056)
|
(2 704)
|
(1 093)
|
(1 987)
|
(2 366)
|
(4 285)
|
(14 463)
|
(13 600)
|
(19 373)
|
(18 230)
|
(7 971)
|
(8 051)
|
(3 407)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
250
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
12 002
|
11 786
|
11 161
|
11 268
|
615
|
952
|
725
|
362
|
307
|
106
|
303
|
513
|
616
|
1 149
|
1 269
|
1 221
|
392
|
259
|
78
|
4
|
507
|
576
|
644
|
643
|
469
|
452
|
527
|
373
|
468
|
631
|
658
|
898
|
960
|
914
|
990
|
984
|
918
|
896
|
866
|
1 059
|
1 059
|
|
Pre-Tax Income |
17 283
N/A
|
16 573
-4%
|
15 489
-7%
|
16 396
+6%
|
5 401
-67%
|
5 644
+4%
|
6 341
+12%
|
6 831
+8%
|
4 659
-32%
|
5 038
+8%
|
5 973
+19%
|
3 286
-45%
|
6 521
+98%
|
5 863
-10%
|
5 510
-6%
|
7 975
+45%
|
8 701
+9%
|
10 422
+20%
|
11 595
+11%
|
11 277
-3%
|
7 171
-36%
|
6 705
-6%
|
6 187
-8%
|
6 546
+6%
|
5 863
-10%
|
5 889
+0%
|
4 865
-17%
|
7 425
+53%
|
13 879
+87%
|
15 753
+14%
|
18 523
+18%
|
16 840
-9%
|
16 444
-2%
|
15 233
-7%
|
5 411
-64%
|
7 448
+38%
|
1 889
-75%
|
3 909
+107%
|
15 250
+290%
|
13 720
-10%
|
19 936
+45%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5 349)
|
(5 412)
|
(5 674)
|
(5 592)
|
(942)
|
(1 013)
|
(1 189)
|
(1 322)
|
(718)
|
(672)
|
(865)
|
(417)
|
(1 478)
|
(1 635)
|
(1 517)
|
(1 973)
|
(2 219)
|
(1 752)
|
(1 997)
|
(1 730)
|
(1 565)
|
(1 922)
|
(1 703)
|
(1 643)
|
(1 340)
|
(1 083)
|
(1 190)
|
(1 505)
|
(1 521)
|
(1 837)
|
(1 872)
|
(1 507)
|
(1 918)
|
(2 188)
|
(2 287)
|
(2 827)
|
(1 512)
|
(1 590)
|
(1 498)
|
(1 557)
|
(2 803)
|
|
Income from Continuing Operations |
11 934
|
11 161
|
9 815
|
10 804
|
4 459
|
4 631
|
5 152
|
5 509
|
3 941
|
4 366
|
5 108
|
2 869
|
5 043
|
4 228
|
3 993
|
6 002
|
6 482
|
8 670
|
9 598
|
9 547
|
5 606
|
4 783
|
4 484
|
4 903
|
4 523
|
4 806
|
3 675
|
5 920
|
12 358
|
13 916
|
16 651
|
15 333
|
14 526
|
13 045
|
3 124
|
4 621
|
377
|
2 319
|
13 752
|
12 163
|
17 133
|
|
Income to Minority Interest |
(14)
|
6
|
35
|
(23)
|
(17)
|
(16)
|
(19)
|
(18)
|
(21)
|
(21)
|
(22)
|
(23)
|
(24)
|
(23)
|
(27)
|
(30)
|
27
|
85
|
120
|
122
|
84
|
36
|
6
|
10
|
(4)
|
(13)
|
(10)
|
(12)
|
(13)
|
(6)
|
(10)
|
(11)
|
(7)
|
(15)
|
(13)
|
(13)
|
(12)
|
(13)
|
(16)
|
(15)
|
(16)
|
|
Net Income (Common) |
11 920
N/A
|
11 167
-6%
|
9 850
-12%
|
10 781
+9%
|
4 442
-59%
|
4 615
+4%
|
5 133
+11%
|
5 491
+7%
|
3 920
-29%
|
4 345
+11%
|
5 086
+17%
|
2 846
-44%
|
2 394
-16%
|
1 580
-34%
|
1 341
-15%
|
3 347
+150%
|
6 220
+86%
|
8 399
+35%
|
9 362
+11%
|
9 313
-1%
|
9 843
+6%
|
9 787
-1%
|
10 119
+3%
|
11 159
+10%
|
7 067
-37%
|
7 028
-1%
|
5 571
-21%
|
7 197
+29%
|
13 049
+81%
|
14 180
+9%
|
16 579
+17%
|
15 260
-8%
|
14 519
-5%
|
13 030
-10%
|
3 111
-76%
|
4 608
+48%
|
365
-92%
|
2 306
+532%
|
13 736
+496%
|
12 148
-12%
|
17 117
+41%
|
|
EPS (Diluted) |
4.13
N/A
|
3.91
-5%
|
3.45
-12%
|
3.8
+10%
|
1.56
-59%
|
1.65
+6%
|
1.84
+12%
|
1.96
+7%
|
1.41
-28%
|
1.57
+11%
|
1.83
+17%
|
1.03
-44%
|
0.87
-16%
|
0.58
-33%
|
0.49
-16%
|
1.24
+153%
|
2.32
+87%
|
3.22
+39%
|
3.61
+12%
|
3.62
+0%
|
3.81
+5%
|
3.85
+1%
|
3.99
+4%
|
4.39
+10%
|
2.78
-37%
|
2.76
-1%
|
2.19
-21%
|
2.83
+29%
|
5.14
+82%
|
5.58
+9%
|
6.52
+17%
|
6
-8%
|
5.71
-5%
|
5.12
-10%
|
1.22
-76%
|
1.8
+48%
|
0.14
-92%
|
0.89
+536%
|
5.38
+504%
|
4.78
-11%
|
6.74
+41%
|