GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
M

Merck Tbk PT MERK.JK · IDR

Health Care · IDX · 🇮🇩 Indonesia

Compare

3,450

-1.15%

Close of 9 Nov 2026, in IDR

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in IDR, from our data supplier.

FY2025

Revenue

IDR 1.20trn

FY2016FY2025

Net income

IDR 243.90bn

FY2016FY2025

Free cash flow

IDR 360.90bn

FY2016FY2025

Shareholders' equity

IDR 975.71bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueIDR 1.20trnIDR 1.04trnIDR 961.43bnIDR 1.12trnIDR 1.06trnIDR 655.85bnIDR 744.63bnIDR 611.96bnIDR 1.16trnIDR 1.03trn
Gross profitIDR 562.44bnIDR 402.67bnIDR 400.47bnIDR 427.59bnIDR 398.68bnIDR 294.21bnIDR 323.31bnIDR 211.69bnIDR 587.99bnIDR 542.19bn
Research and development—IDR 347.6mIDR 541.8mIDR 288.2mIDR 166.7mIDR 188.8mIDR 113.5mIDR 1.13bnIDR 3.90bnIDR 1.80bn
Operating incomeIDR 320.43bnIDR 192.96bnIDR 199.73bnIDR 239.07bnIDR 191.53bnIDR 108.53bnIDR 125.59bnIDR 47.13bnIDR 208.49bnIDR 213.30bn
Net incomeIDR 243.90bnIDR 153.46bnIDR 178.24bnIDR 179.84bnIDR 131.66bnIDR 71.90bnIDR 78.26bnIDR 1.16trnIDR 144.68bnIDR 153.84bn
Diluted earnings per share544.41342.55397.86401.42293.89160.50174.682,596.71322.94343.40

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsIDR 1.27trnIDR 956.94bnIDR 957.81bnIDR 1.04trnIDR 1.03trnIDR 929.90bnIDR 901.06bnIDR 1.26trnIDR 847.01bnIDR 743.93bn
Cash and short-term investmentsIDR 442.46bnIDR 87.68bnIDR 201.44bnIDR 170.43bnIDR 196.34bnIDR 134.73bnIDR 161.47bnIDR 403.19bnIDR 59.47bnIDR 114.44bn
Total liabilitiesIDR 296.49bnIDR 149.66bnIDR 161.94bnIDR 280.41bnIDR 342.22bnIDR 317.22bnIDR 307.05bnIDR 744.83bnIDR 231.57bnIDR 161.26bn
DebtIDR 14.23bnIDR 20.21bnIDR 18.13bnIDR 16.18bnIDR 20.28bnIDR 22.02bnIDR 1.24bnIDR 2.87bnIDR 3.28bn—
Shareholders' equityIDR 975.71bnIDR 807.27bnIDR 795.88bnIDR 757.24bnIDR 684.04bnIDR 612.68bnIDR 594.01bnIDR 518.28bnIDR 615.44bnIDR 582.67bn
Shares outstanding448m448m448m448m448m448m448m448m448m448m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsIDR 376.52bnIDR 55.71bnIDR 203.87bnIDR 110.32bnIDR 169.81bnIDR 71.98bn−IDR 210.84bnIDR 168.96bnIDR 129.92bnIDR 43.80bn
Capital spending−IDR 15.62bn−IDR 16.83bn−IDR 19.90bn−IDR 20.18bn−IDR 43.09bn−IDR 31.42bn−IDR 29.90bn−IDR 23.86bn−IDR 65.54bn−IDR 25.49bn
Free cash flowIDR 360.90bnIDR 38.88bnIDR 183.97bnIDR 90.14bnIDR 126.72bnIDR 40.56bn−IDR 240.74bnIDR 145.10bnIDR 64.38bnIDR 18.31bn
Dividends paid−IDR 76.16bn−IDR 142.91bn−IDR 143.89bn−IDR 107.27bn−IDR 55.25bn−IDR 57.64bn−IDR 1.02bn−IDR 1.26trn−IDR 122.49bn−IDR 44.71bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueIDR 347.13bnIDR 283.11bnIDR 386.56bnIDR 333.95bnIDR 265.00bnIDR 215.16bnIDR 283.01bnIDR 282.53bn
Gross profitIDR 114.39bnIDR 111.68bnIDR 290.98bnIDR 152.21bnIDR 63.56bnIDR 63.10bnIDR 161.66bnIDR 88.80bn
Operating incomeIDR 56.37bnIDR 68.03bnIDR 214.09bnIDR 98.97bnIDR 13.86bnIDR 16.45bnIDR 95.83bnIDR 39.34bn
Net incomeIDR 46.60bnIDR 65.18bnIDR 141.80bnIDR 79.59bnIDR 9.32bnIDR 13.19bnIDR 76.41bnIDR 29.21bn
Diluted earnings per share104.01145.49316.51177.6520.8029.45170.5565.21
Cash from operationsIDR 8.48bnIDR 86.54bnIDR 198.47bnIDR 17.55bnIDR 137.63bnIDR 22.86bnIDR 28.90bn−IDR 164.0m
Capital spending−IDR 4.55bn−IDR 5.36bn−IDR 3.90bn−IDR 6.16bn−IDR 4.35bn−IDR 1.21bn−IDR 12.27bn−IDR 3.37bn
Free cash flowIDR 3.93bnIDR 81.19bnIDR 194.57bnIDR 11.39bnIDR 133.28bnIDR 21.65bnIDR 16.63bn−IDR 3.53bn
Total assetsIDR 1.23trnIDR 1.32trnIDR 1.27trnIDR 987.93bnIDR 1.01trnIDR 982.69bnIDR 956.94bnIDR 916.91bn
Cash and short-term investmentsIDR 368.74bnIDR 543.81bnIDR 442.46bnIDR 171.79bnIDR 237.93bnIDR 106.53bnIDR 87.68bnIDR 76.67bn
DebtIDR 2.31bnIDR 2.54bnIDR 14.23bnIDR 15.15bnIDR 17.31bnIDR 18.07bnIDR 7.56bnIDR 18.45bn
Shareholders' equityIDR 964.29bnIDR 1.04trnIDR 975.71bnIDR 833.21bnIDR 829.78bnIDR 820.47bnIDR 807.27bnIDR 729.58bn

Financial ratios

Data as of 29 Aug 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin46.8%38.8%41.7%38.0%37.5%44.9%—
Operating margin26.7%18.6%20.8%21.3%18.0%16.5%—
Net margin20.3%14.8%18.5%16.0%12.4%11.0%—
Return on equity25.0%19.0%22.4%23.7%19.2%11.7%—
Return on assets19.2%16.0%18.6%17.3%12.8%7.7%—
Free cash flow yield22.4%4.2%12.8%7.5%12.2%5.9%—
Revenue growth15.8%7.8%-14.5%5.7%62.3%-11.9%—
Earnings growth58.9%-13.9%-0.9%36.6%83.1%-8.1%—
Current ratio4.26x6.52x5.74x3.33x2.71x2.55x—
Debt to equity0.01x0.01x0.01x0.01x0.02x0.02x—
Equity ratio76.7%84.4%83.1%73.0%66.7%65.9%—
Interest coverage183.30x42.54x49.43x70.40x72.66x27.32x—
R&D as a share of sales—0.0%0.1%0.0%0.0%0.0%0.0%
Buybacks as a share of market value0.0%0.0%0.0%0.0%0.0%0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue2.2%12.9%2.0%
Operating income10.3%24.2%5.6%
Net income10.7%27.7%5.5%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin43.1%41.5%41.1%43.9%
Operating margin22.9%22.0%20.7%19.2%
Net margin17.8%17.5%15.9%25.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings6.210.510.511.812.620.416.31.726.326.8
Price to sales1.31.61.91.91.62.21.73.13.34.0

Dividends and splits

Per share, in the currency the company pays

Paid for 6 years. Last went ex-dividend on 25 Jun 2025.

FY2025FY2024FY2023FY2022FY2021FY2020FY2018FY2017
Paid in the year170.00320.00320.00240.00122.00130.00285.65275.00
  • 20-for-1 split · 21 Dec 2015

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.