Merck & Company Inc (MRK)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 17,117,000 | 12,148,000 | 13,736,000 | 2,306,000 | 365,000 | 4,608,000 | 3,111,000 | 13,030,000 | 14,519,000 | 15,260,000 | 16,579,000 | 14,180,000 | 13,049,000 | 7,197,000 | 5,571,000 | 7,028,000 | 7,068,000 | 11,518,000 | 10,478,000 | 10,146,000 |
| 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 |
| Net profit margin | 26.68% | 19.23% | 21.98% | 3.76% | 0.61% | 7.77% | 5.34% | 22.52% | 24.49% | 25.88% | 29.00% | 26.27% | 26.79% | 15.60% | 12.69% | 16.79% | 16.33% | 31.57% | 27.61% | 25.14% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $17,117,000K ÷ $64,168,000K
= 26.68%
The net profit margin of Merck & Company Inc has shown fluctuations over the past few years. In the first quarter of 2020, the net profit margin stood at 25.14%, indicating that for every dollar of revenue generated, the company was able to retain $0.25 as profit. The margin increased to 27.61% in the second quarter of 2020 and further improved to 31.57% in the third quarter of the same year.
However, the net profit margin saw a decrease in the fourth quarter of 2020, dropping to 16.33%. This trend continued into the first quarter of 2021 with a margin of 16.79% and further declined to 12.69% in the second quarter. The third quarter of 2021 saw a slight improvement to 15.60%.
The net profit margin then rebounded significantly in the fourth quarter of 2021, reaching 26.79%. The margin remained relatively stable in the first half of 2022, hovering around the mid-20s range. In the third quarter of 2022, the net profit margin decreased to 25.88% and further dropped to 24.49% by the end of the fourth quarter.
There was a notable decrease in the net profit margin in the first quarter of 2023, falling to 22.52%, and a significant decline to 5.34% in the second quarter. The margin continued to stay low in the third quarter of 2023 at 7.77% and reached a mere 0.61% by the end of the fourth quarter.
The net profit margin started to recover in the first quarter of 2024, improving to 3.76%, and increased substantially to 21.98% in the second quarter. The margin remained elevated in the third quarter of 2024 at 19.23% and saw a further improvement to 26.68% by the end of the fourth quarter.
Overall, the net profit margin of Merck & Company Inc has displayed variability over the years, indicating fluctuations in the company's profitability relative to its revenue generation.
Peer comparison
Dec 31, 2024