Merck KGaA

MRK: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Merck KGaA Earnings: Process and Semiconductor Solutions Drive Guidance Raise; Fair Value Up 7%

Max Jousma

Aug 6, 2026

Merck KGaA reported 4.1% organic growth in the second quarter, with strong contributions from the life science and electronics segments. Adjusted EBITDA margin expanded to 29.6% in the first half from 28.5%. Management raised its full-year guidance.

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Merck KGaA

Merck KGaA Earnings: Process and Semiconductor Solutions Drive Guidance Raise; Fair Value Up 7%

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