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 Strong Quarter; FVE Maintained

Matthew Donen

Nov 12, 2026

Merck KGaA reported 5.8% organic revenue growth during the third quarter to EUR 5.6 billion, which exceeded Vara-compiled consensus by 3%. Merck raised full-year EPS guidance by 3% at the midpoint. Shares traded 2% lower intraday on Nov. 12.

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Merck KGaA

Merck KgaA Earnings: Process and Semiconductor Solutions Drive Strong Quarter; FVE Maintained

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