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Gross Profit Margin

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84.60
Price
Fair Value
Upside
74.12 - 120.16
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on 's Gross Profit Margin:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 202450.0%60.0%70.0%80.0%90.0%

Performance Summary
  • Merck's latest twelve months gross profit margin is 77.1%
  • Merck's gross profit margin for fiscal years ending December 2020 to 2024 averaged 73.0%.
  • Merck's operated at median gross profit margin of 72.4% from fiscal years ending December 2020 to 2024.
  • Looking back at the last 5 years, Merck's gross profit margin peaked in December 2024 at 77.1%.
  • Merck's gross profit margin hit its 5-year low in December 2022 of 71.0%.
  • Merck's gross profit margin decreased in 2020 (71.1%, -0.8%) and 2022 (71.0%, -1.9%) and increased in 2021 (72.4%, +1.7%), 2023 (73.5%, +3.6%), and 2024 (77.1%, +4.9%).

Benchmarks

Metric Usage: Gross Profit Margin

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gp_margin
Slug
number
Datatype
text
Format
current
Default Period
FY, Q, LTM, YTD
Periods Supported
Free
Plan

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Metrics similar to Gross Profit Margin in the efficiency category include:

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Gross Profit Margin

Gross profit expressed as a percent of revenue.

Definition of Gross Profit Margin

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The gross profit margin measures a company’s gross profit as a percentage of the revenue. The formula to calculate gross profit margin and an example calculation for Merck’s trailing twelve months is outlined below:

Gross Profit Margin  = Gross Profit / Total Revenue
77.1% = 44.889 B  /  58.225 B

The tables below summarizes Merck’s performance over the last five years:

Fiscal YearGross ProfitRevenueMargin
2020-12-3126.141 B36.756 B71.1%
2021-12-3132.148 B44.433 B72.4%
2022-12-3138.904 B54.812 B71.0%
2023-12-3137.176 B50.562 B73.5%
2024-12-3144.889 B58.225 B77.1%

The tables below summarizes Merck’s performance over the last four quarters:

Quarter EndingGross ProfitRevenueMargin
2024-03-3111.139 B14.227 B78.3%
2024-06-3011.169 B14.474 B77.2%
2024-09-3010.806 B14.097 B76.7%
2024-12-3110.813 B14.177 B76.3%

You can read more about Gross Profit here.


Click the link below to download a spreadsheet with an example Gross Profit Margin calculation for Merck & Co., Inc. below:

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