Merck & Co., Inc.
2026-03-31Operating Cash Flow
$3.92B
+56.7% vs PY
Free Cash Flow
$2.93B
+149.7% vs PY
Merck & Co., Inc. — Cash Flow Charts
12 quarters of history · ending 2026-03-31 · SEC EDGAR
Source:10-K · 10-Q
FROM
TO
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Net Debt Issuance
Cash Flow
Cash Flow by Activity
Operating Cash Flow↑+56.7% +$1.42B
$3.92B