Merck & Company Inc (MRK)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	36,042,000	34,457,000	33,701,000	32,263,000	30,604,000	29,935,000	29,215,000	28,696,000	28,832,000	29,281,000	28,031,000	26,326,000	23,628,000	18,919,000	18,292,000	17,579,000	18,219,000	21,210,000	19,718,000	20,036,000
Revenue (ttm)	US$ in thousands	64,168,000	63,174,000	62,479,000	61,402,000	60,114,000	59,314,000	58,311,000	57,869,000	59,283,000	58,974,000	57,169,000	53,978,000	48,704,000	46,131,000	43,906,000	41,857,000	43,287,000	36,488,000	37,956,000	40,363,000
Gross profit margin		56.17%	54.54%	53.94%	52.54%	50.91%	50.47%	50.10%	49.59%	48.63%	49.65%	49.03%	48.77%	48.51%	41.01%	41.66%	42.00%	42.09%	58.13%	51.95%	49.64%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $36,042,000K ÷ $64,168,000K
= 56.17%

The gross profit margin of Merck & Company Inc has shown fluctuations over the reported periods.

Starting at 49.64% on March 31, 2020, the margin increased to 58.13% by September 30, 2020. However, there was a significant drop to 42.09% by December 31, 2020, but this trend was reversed with a gradual increase in subsequent periods.

For the most recent period of December 31, 2024, the gross profit margin reached 56.17%, displaying an upward trajectory from the previous periods.

Overall, the trend indicates some level of variability but generally shows an increasing pattern in the company's ability to generate profit from its core operations.