🎉 M&A multiples are live!
Check it out!

Merck KGaA Valuation Multiples

Discover revenue and EBITDA valuation multiples for Merck KGaA and similar public comparables like Armata Pharmaceuticals, Julphar, and Galapagos.

Merck KGaA Overview

About Merck KGaA

Merck KGaA operates in three main segments: Life Science, Electronics, and Healthcare. The Life Science segment provides laboratory consumables and instruments to researchers in academia and applied fields, including the biopharmaceutical industry. The Electronics segment offers specialty materials to manufacture a variety of products, such as semiconductors and flat-screen televisions. In the healthcare segment, Merck develops, manufactures, and sells branded pharmaceuticals with significant therapeutic concentrations in oncology, multiple sclerosis, and fertility. In 1995, the E. Merck KG family publicly sold part of the company, resulting in the current 30% public ownership of the firm.


Founded

HQ

Germany
Employees

62.6K+

Website

emdgroup.com

Financials

LTM Revenue $24.0B

LTM EBITDA $6.9B

EV

$64.2B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 12K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Merck KGaA Financials

Merck KGaA has a last 12-month revenue (LTM) of $24.0B and a last 12-month EBITDA of $6.9B.

In the most recent fiscal year, Merck KGaA achieved revenue of $23.8B and an EBITDA of $6.7B.

Merck KGaA expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Merck KGaA valuation multiples based on analyst estimates

Merck KGaA P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $24.0B XXX $23.8B XXX XXX XXX
Gross Profit $14.2B XXX $14.0B XXX XXX XXX
Gross Margin 59% XXX 59% XXX XXX XXX
EBITDA $6.9B XXX $6.7B XXX XXX XXX
EBITDA Margin 29% XXX 28% XXX XXX XXX
EBIT $4.6B XXX $4.5B XXX XXX XXX
EBIT Margin 19% XXX 19% XXX XXX XXX
Net Profit $4.2B XXX $3.1B XXX XXX XXX
Net Margin 18% XXX 13% XXX XXX XXX
Net Debt XXX XXX $8.3B XXX XXX XXX

Financial data powered by Morningstar, Inc.

Merck KGaA Stock Performance

As of May 30, 2025, Merck KGaA's stock price is EUR 115 (or $129).

Merck KGaA has current market cap of EUR 50.1B (or $56.3B), and EV of EUR 57.2B (or $64.2B).

See Merck KGaA trading valuation data

Merck KGaA Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$64.2B $56.3B XXX XXX XXX XXX $9.76

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Merck KGaA Valuation Multiples

As of May 30, 2025, Merck KGaA has market cap of $56.3B and EV of $64.2B.

Merck KGaA's trades at 2.7x EV/Revenue multiple, and 9.6x EV/EBITDA.

Equity research analysts estimate Merck KGaA's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

Merck KGaA has a P/E ratio of 13.3x.

See valuation multiples for Merck KGaA and 12K+ public comps

Merck KGaA Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $56.3B XXX $56.3B XXX XXX XXX
EV (current) $64.2B XXX $64.2B XXX XXX XXX
EV/Revenue 2.7x XXX 2.7x XXX XXX XXX
EV/EBITDA 9.4x XXX 9.6x XXX XXX XXX
EV/EBIT 14.0x XXX 14.2x XXX XXX XXX
EV/Gross Profit 4.5x XXX n/a XXX XXX XXX
P/E 13.3x XXX 18.0x XXX XXX XXX
EV/FCF 21.1x XXX 23.8x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Merck KGaA Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Merck KGaA Margins & Growth Rates

Merck KGaA's last 12 month revenue growth is 3%

Merck KGaA's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.2M for the same period.

Merck KGaA's rule of 40 is 30% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Merck KGaA's rule of X is 36% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Merck KGaA and other 12K+ public comps

Merck KGaA Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth 3% XXX 3% XXX XXX XXX
EBITDA Margin 29% XXX 28% XXX XXX XXX
EBITDA Growth 4% XXX 4% XXX XXX XXX
Rule of 40 30% XXX 31% XXX XXX XXX
Bessemer Rule of X XXX XXX 36% XXX XXX XXX
Revenue per Employee XXX XXX $0.4M XXX XXX XXX
Opex per Employee XXX XXX $0.2M XXX XXX XXX
S&M Expenses to Revenue XXX XXX 19% XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX 11% XXX XXX XXX
Opex to Revenue XXX XXX 40% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Merck KGaA Public Comps

See public comps and valuation multiples for Biopharmaceuticals and Drug Development & Therapeutics comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Julphar XXX XXX XXX XXX XXX XXX
Galapagos XXX XXX XXX XXX XXX XXX
Pharming XXX XXX XXX XXX XXX XXX
Vivoryon Therapeutics XXX XXX XXX XXX XXX XXX
Armata Pharmaceuticals XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Merck KGaA M&A and Investment Activity

Merck KGaA acquired  XXX companies to date.

Last acquisition by Merck KGaA was  XXXXXXXX, XXXXX XXXXX XXXXXX . Merck KGaA acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Merck KGaA

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Start Free Trial

About Merck KGaA

Where is Merck KGaA headquartered? Merck KGaA is headquartered in Germany.
How many employees does Merck KGaA have? As of today, Merck KGaA has 62.6K+ employees.
Is Merck KGaA publicy listed? Yes, Merck KGaA is a public company listed on ETR.
What is the stock symbol of Merck KGaA? Merck KGaA trades under MRK ticker.
When did Merck KGaA go public? Merck KGaA went public in 1995.
Who are competitors of Merck KGaA? Similar companies to Merck KGaA include e.g. Julphar, Galapagos, Pharming, Vivoryon Therapeutics.
What is the current market cap of Merck KGaA? Merck KGaA's current market cap is $56.3B
What is the current revenue of Merck KGaA? Merck KGaA's last 12 months revenue is $24.0B.
What is the current revenue growth of Merck KGaA? Merck KGaA revenue growth (NTM/LTM) is 3%.
What is the current EV/Revenue multiple of Merck KGaA? Current revenue multiple of Merck KGaA is 2.7x.
Is Merck KGaA profitable? Yes, Merck KGaA is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Merck KGaA? Merck KGaA's last 12 months EBITDA is $6.9B.
What is Merck KGaA's EBITDA margin? Merck KGaA's last 12 months EBITDA margin is 29%.
What is the current EV/EBITDA multiple of Merck KGaA? Current EBITDA multiple of Merck KGaA is 9.4x.
What is the current FCF of Merck KGaA? Merck KGaA's last 12 months FCF is $3.0B.
What is Merck KGaA's FCF margin? Merck KGaA's last 12 months FCF margin is 13%.
What is the current EV/FCF multiple of Merck KGaA? Current FCF multiple of Merck KGaA is 21.1x.

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.