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About the company

Merck KGaA is a Germany-based science and technology company. The Company operates in three business segments: Healthcare, Life Sciences and Electronics. The Healthcare business, which operates in the United States and Canada as EMD Serono, focuses on such therapeutic areas as allergies, fertility, oncology and neurodegenerative diseases, developing drugs, diagnostic substances and medical devices. The Life Sciences business comprises the activities of MilliporeSigma, which provides solutions that facilitate biotechnology and pharmaceutical research. The product range includes laboratory water systems, gene editing tools, cell lines and end-to-end drug manufacturing systems, among others. The Electronics business enables digital living and provides specialty chemicals for various applications, including liquid crystals for electronic displays, materials for integrated circuits, effect pigments for coatings and color cosmetics, as well as functional materials for energy solutions.

  • Revenue in EUR (TTM)21.27bn
  • Net income in EUR2.96bn
  • Incorporated1995
  • Employees62.35k
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
MRKX:GER since
announced
Transaction
value
Jsr Life Sciences-Chromatography BusinessDeal completed15 Oct 202515 Oct 2025Deal completed10.10%--
Data delayed at least 15 minutes, as of Feb 17 2026 16:39 GMT.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Sun Pharmaceutical Industries Ltd5.28bn975.36m37.93bn43.00k38.92--30.447.1843.7045.45236.59--------13,211,420.00--9.09--12.3879.9773.3818.6216.07------39.348.429.8714.1223.766.6631.95
Haleon PLC-115.00bn-115.00bn41.65bn24.00k--2.29----------1.77----------3.67--4.23--62.28--11.970.6327--0.3464218.58-0.61055.7837.4617.105.53--
CSL Ltd13.13bn2.53bn44.05bn32.07k17.432.7012.573.368.738.7345.2456.460.40191.205.16685,993.108.108.589.8710.6151.9352.9120.1619.711.1210.010.349447.425.1211.2013.637.38-6.117.95
Zoetis Inc7.99bn2.26bn45.11bn14.50k21.0316.1616.905.656.026.0221.337.840.63741.126.52652,896.6018.0016.2122.2219.6171.8970.6928.2327.031.9420.970.730829.072.287.247.5210.296.5120.11
Bayer AG45.87bn-198.00m45.13bn88.50k--1.5313.270.984-0.2015-0.201546.6930.110.43441.584.52494,165.80-0.1639-2.66-0.2205-3.6156.3557.98-0.3772-6.880.70962.330.5717---2.161.3713.23--0.9479-47.66
Jiangsu Hengrui Pharmaceuticals Co Ltd3.78bn912.14m45.37bn20.24k49.696.50--11.991.171.174.848.970.53121.715.751,530,951.0012.8212.6714.4014.0085.4985.6424.1420.066.20--0.001423.8422.633.7447.283.5328.534.60
Takeda Pharmaceutical Co Ltd24.54bn620.71m48.40bn47.46k76.601.1410.241.9772.2672.262,834.464,838.540.29261.176.1794,080,250.000.74181.710.87722.0465.3367.662.545.990.65483.490.3884123.757.456.84-25.0819.539.821.72
UCB SA6.85bn1.33bn54.60bn9.38k40.915.5128.567.976.866.8635.2750.960.41741.464.26730,219.708.124.9810.216.2073.3871.7119.4513.001.0111.230.229134.2217.144.60210.506.161.842.31
Merck KGaA21.27bn2.96bn54.87bn62.35k18.571.9011.272.586.796.7948.9266.550.42091.975.04340,025.905.856.047.237.7058.6961.1513.9113.800.968618.280.29439.110.77655.55-1.6616.5416.4211.10
Regeneron Pharmaceuticals Inc12.10bn3.84bn71.65bn15.41k19.142.7216.675.9241.9641.55131.98295.710.36630.69342.40930,752.8011.6216.4113.0018.5786.5687.1431.7236.233.56--0.07971.500.992111.043.105.3114.58--
Data as of Feb 17 2026. Currency figures normalised to Merck KGaA's reporting currency: Euro EUR

Institutional shareholders

26.76%Per cent of shares held by top holders
HolderShares% Held
First Eagle Investment Management LLCas of 03 Jun 20256.44m4.99%
The Vanguard Group, Inc.as of 04 Feb 20264.85m3.75%
Mondrian Investment Partners Ltd.as of 11 Jul 20254.01m3.10%
Amundi Asset Management SASU (Investment Management)as of 02 May 20253.95m3.05%
MFS International Singapore Pte Ltd.as of 31 Dec 20253.32m2.57%
BlackRock Fund Advisorsas of 06 Feb 20263.04m2.35%
Norges Bank Investment Managementas of 30 Jun 20253.00m2.32%
MFS International (UK) Ltd.as of 31 Dec 20252.05m1.59%
BlackRock Investment Management LLCas of 12 Feb 20261.97m1.52%
BNP Paribas Asset Management Europe SASas of 10 Feb 20261.96m1.51%
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Data from 30 Sep 2025 - 31 Dec 2025Source: FactSet Research Systems Inc.
Data Provided by LSEG
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