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Merck KGaA logo

Merck KGaA

MRK.DEโ€ขRank #329โ€ขHealthcareโ€ขDrug Manufacturers - Specialty & Generic

Market Cap

$19.5B

Global Rank

#329

All-Time High

$63.3B

2026-12-31

Total Growth

+0%

since 2026

Market Cap Context

  • Larger than 10% of the 367 companies we track (globally).
  • Equivalent to 0.4% of Germany's GDP (2025 data).
  • Just above: #328 Roku, Inc. ($19.9B)
  • Just below: #330 Wipro Limited ($19.5B)
  • Best year: 2021 (+63%). Worst year: 2002 (-37%).

$22.7B revenue ยท $3.9B operating income ยท $2.8B net income

  • โ—Operating margin: 17.3% on $22.7B in revenue.
  • โ—R&D is 11.4% of revenue ($2.6B).
  • โ—Net income margin: 12.4% โ€” $2.8B in profit.
  • โ—Free cash flow: $2.1B (9.4% of revenue).

Cost / Operating Expenses

Total operating expenses $18.8B

Total

$17.9B

Cost of revenueยท Product / service delivery costs (COGS)$9.4B52.5%
Research & development$2.6B14.5%
Sales & marketing$4.3B24.2%
General & administrative$1.6B8.8%

Capital Expenditures

$2.1B

This fiscal year (near-total AI infrastructure buildout)

Free Cash Flow

$2.1B

Trailing twelve months

Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.

About Merck KGaA

The Merck Group, branded and commonly known as Merck, is a German multinational science and technology company headquartered in Darmstadt, with about 60,000 employees and a presence in 66 countries. The group includes around 250 companies; the main company is Merck KGaA in Germany. The company is divided into three business lines: Healthcare, Life Sciences and Electronics. Merck was founded in 1668 and is the world's oldest operating chemical and pharmaceutical company, as well as one of the largest pharmaceutical companies globally.

Merck KGaA Market Cap History (2026โ€“2026)

Merck KGaA vs Sector Peers by Market Cap

Humana Inc.HUM
$44.8B
CSL LimitedCSL.AX
$43.1B
Veeva Systems Inc.VEEV
$38.4B
DexCom, Inc.DXCM
$33.8B
Zoetis Inc.ZTS
$31.1B
Biogen Inc.BIIB
$30.1B
Koninklijke Philips N.V.PHIA.AS
$24.9B
Merck KGaAMRK.DE
$19.5B

Compare Merck KGaA

Ranking History

YearMarket CapRankYoY Change
2026$19.5B#329(โ†‘5)+16.5%
2025$16.8B#334(โ†“8)-10.7%
2024$18.8B#326-1.5%
2023$19.1B#326(โ†“28)-19.2%
2022$23.6B#298(โ†“11)-19.5%
2021$29.3B#287(โ†‘29)+63.3%
2020$18.0B#316(โ†“8)+34.9%
2019$13.3B#308(โ†“15)+18.6%
2018$11.2B#293(โ†“5)+1.8%
2017$11.0B#288(โ†“29)-8.5%
2016$12.0B#259(โ†“6)+12.1%
2015$10.7B#253(โ†‘7)+15.3%
2014$9.3B#260(โ†‘8)+22.3%
2013$7.6B#268(โ†“12)+32.4%
2012$5.8B#256(โ†“1)+31.9%
2011$4.4B#255(โ†‘13)+31.3%
2010$3.3B#268(โ†“14)-6.6%
2009$3.6B#254(โ†“27)+3.3%
2008$3.4B#227(โ†‘12)-26.9%
2007$4.7B#239+15.4%
2006$4.1B#239(โ†“8)+13.6%
2005$3.6B#231(โ†‘1)+40.7%
2004$2.6B#232(โ†‘3)+56.5%
2003$1.6B#235(โ†“5)+36.0%
2002$1.2B#230(โ†“13)-37.0%
2001$1.9B#217(โ†“22)-9.8%
2000$2.1B#195(โ†“23)+60.1%
1999$1.3B#172(โ†“23)-22.5%
1998$1.7B#149

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FAQ

What is Merck KGaA's market cap?

Merck KGaA (MRK.DE) has a market capitalization of $19.5B, making it the #329 largest company in the world by market cap.

What was Merck KGaA's highest market cap?

Merck KGaA's all-time high market cap was $63.3B, reached in 2026-12-31. Its highest rank was #287 in 2021.

What sector is Merck KGaA in?

Merck KGaA is in the Healthcare sector, specifically the Drug Manufacturers - Specialty & Generic industry. It is based in Germany.

How has Merck KGaA's market cap changed over time?

Merck KGaA has been tracked since 2026. Its market cap has grown by 0% from $19.5B in 2026 to $19.5B today.