Merck & Company Inc (MRK)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 117,106,000 | 117,532,000 | 112,630,000 | 105,849,000 | 106,675,000 | 106,727,000 | 104,469,000 | 107,796,000 | 109,160,000 | 107,081,000 | 107,095,000 | 106,668,000 | 105,694,000 | 93,494,000 | 90,688,000 | 90,847,000 | 91,588,000 | 89,800,000 | 90,615,000 | 84,913,000 |
| ROA | 14.62% | 10.34% | 12.20% | 2.18% | 0.34% | 4.32% | 2.98% | 12.09% | 13.30% | 14.25% | 15.48% | 13.29% | 12.35% | 7.70% | 6.14% | 7.74% | 7.72% | 12.83% | 11.56% | 11.95% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $17,117,000K ÷ $117,106,000K
= 14.62%
The return on assets (ROA) of Merck & Company Inc has displayed fluctuations over the provided periods. The ROA percentage stood at 11.95% as of March 31, 2020, and decreased slightly to 11.56% by June 30, 2020. Subsequently, there was an increase in ROA to 12.83% by September 30, 2020. However, by December 31, 2020, the ROA decreased notably to 7.72%.
There was a marginal increase in ROA in the following quarter, reaching 7.74% by March 31, 2021. The trend continued downward, with ROA decreasing to 6.14% by June 30, 2021. The ROA showed a slight improvement by September 30, 2021, at 7.70%, and further increased to 12.35% by December 31, 2021.
The trend improved significantly in the following periods with ROA percentages of 13.29% as of March 31, 2022, and 15.48% by June 30, 2022. Although there was a slight dip to 14.25% by September 30, 2022, the ROA remained relatively high. By December 31, 2022, the ROA stood at 13.30%.
In the subsequent quarters, there was a decline in ROA, with percentages dropping to 12.09% by March 31, 2023, and significantly lower at 2.98% by June 30, 2023. The ROA showed a slight improvement at 4.32% by September 30, 2023, but decreased notably to 0.34% by December 31, 2023.
The trend reversed in the following periods, with ROA increasing to 2.18% by March 31, 2024, and significantly improving to 12.20% by June 30, 2024. By September 30, 2024, the ROA stood at 10.34% and further increased to 14.62% by December 31, 2024.
Overall, the ROA of Merck & Company Inc has shown variability over the time periods provided, experiencing fluctuations but displaying an overall increasing trend by the end of the data series.
Peer comparison
Dec 31, 2024