Merck
A multinational pharmaceutical company, Merck is known for developing medicines, vaccines, biologic therapies, and animal health products. The company’s operations are managed on a products basis that includes two operating segments: the pharmaceutical and animal health segments. Merck has grown steadily in recent years, thanks in large part to a string of blockbuster drugs and products. In 2020, the company had six products that each earned over $1 billion in revenue, including Keytruda, a cancer treatment drug, and Gardasil, an HPV vaccine. During the coronavirus pandemic, Merck teamed up with competitor Johnson & Johnson to help manufacture and distribute J&J’s COVID-19 vaccine, a significant step in helping the country recover from the devastating impacts of the coronavirus pandemic.
Brendan McDermid—REUTERS
Company Information
As of 4/4/23
Country
U.S.
Headquarters
Kenilworth, N.J.
Industry
Pharmaceuticals
CEO
Robert Davis
Website
Company Type
Public
Ticker
MRK
Revenues ($M)
$59,283
Profits ($M)
$14,519
Market Value ($M)
$264,267
Employees
68,000
Figures are for fiscal year ended Dec. 31, 2022. Market value as of March 17, 2023. Sources: S&P Global; Bloomberg.
Best Companies
Rank last year
-
Years on list
9
Employees (as of March 2023)
27,731
Job openings (as of March 2023)
1,963
Year founded
1851
Benefits
100% health coverage
no
Subsidized childcare
yes
Compressed work weeks
yes
Option to work remotely
yes
Minimum requirement in-office attendance (days per week)
none
Percentage of health care premiums covered
85
Mental health coverage
yes
Free mental health sessions (per year)
-
Free backup childcare time off (days)
-
Maximum $ amount covered for fertility services
$20,001 to $40,000
Fully paid maternal leave (days)
100
Fully paid paternal leave (days)
60
Fully paid adoptive leave (days)
60
Maternal leave in addition to regular time off (days)
160
Paid days off for volunteering
yes
Diversity
% Women
50%
% Minorities
33%
% African-American/Black
9%
% Asian
17%
% Caucasian/White
63%
% Hispanic/Latino
6%
% Native American/Alaska Native
1%
% Native Hawaiian/Pacific Islander
1%
% Two or more races
2%
% Unknown ethnicity
3%
World's Most Admired Companies
Sector
Natural resources
Industry
Pharmaceuticals
Current All-Star Rank
-
Previous All-Star Rank
-
Industry Rank
3
Previous Industry Rank
2
Overall Score
7.66
Innovation
4
People Management
2
Use of Corporate Assets
3
Social Responsibility
1
Quality of Management
2
Financial Soundness
4
Long-Term Investment Value
3
Quality of Products/Services
3
Global Competitiveness
5
Change the World
Impact Segment
Public Health
Sector
Health Care
Prior Year Rank
-
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$51,216
6.7%
Profits ($M)
$13,049
84.6%
Assets ($M)
$105,694
-
Total Stockholder Equity ($M)
$38,184
-
Profit Ratios
Profit as % of Revenues
25.5%
Profits as % of Assets
12.3%
Profits as % of Stockholder Equity
34.2%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
514
EPS % Change (from 2020)
84.9%
EPS % Change (5 year annual rate)
29.5%
EPS % Change (10 year annual rate)
9.8%
Total Return
Total Return to Investors (2021)
1.4%
Total Return to Investors (5 year, annualized)
9.7%
Total Return to Investors (10 year, annualized)
11.4%
Lists ranking Merck
Latest news for Merck
- Health
Overwhelmed by a massive outbreak, China authorizes emergency use of Merck COVID pill LagevrioDecember 30, 2022, 10:11 AM UTC - Finance
The world’s 10 biggest pharmaceutical companies raked in over $700 billion in revenue in 2021August 15, 2022, 10:15 PM UTC
