Company Overview: Merck & Co., Inc. (NYSE: MRK) is a global healthcare company that develops drugs, vaccines, biologics, and animal health products. Its operating segments are 1) Pharmaceutical, consisting of human health pharmaceutical (therapeutic and preventive agents for the treatment of human disorders) and vaccine products (preventive paediatric, adolescent, and adult vaccines) and 2) Animal Health, engaged in the development and providing of veterinary medications, vaccinations, and health management services.
MRK Details
Key Takeaways from Q3FY21 (ended September 30, 2021)
Revenues & Gross Profit Key Highlights; Analysis by Kalkine Group
Recent Developments
Segment Wise Results Q3FY21
Balance Sheet & Liquidity Position
Key Metrics: In Q3FY21, MRK's EBITDA and net margins were 47.0% and 34.7%, higher than the industry median of 26.8% and 7.2%, respectively. ROE stood at 13.2%, 1,180 bps more than the industry median. Debt/Equity was 0.74x as of September 30, 2021, lower than 0.98x on September 30, 2020.
Profitability and Leverage Profile; Analysis by Kalkine Group
Top 10 Shareholders: The top 10 shareholders together form around 26.58% of the total shareholding, while the top 4 constitute the maximum holding. The Vanguard Group, Inc., and BlackRock Institutional Trust Company, N.A. hold the maximum stake in the company at 8.33% and 5.0%, respectively, as also highlighted in the chart below:
Top 10 Shareholders; Analysis by Kalkine Group
Risk Analysis
Outlook
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