{
  "ticker": "MRK",
  "financials": {
    "2023": {
      "Income Statement": {
        "Revenue": 583.8,
        "COGS": 487.97,
        "Gross Profit": 95.83,
        "Operating Expenses": 38.61,
        "EBITDA": 57.22,
        "EBIT": 28.03,
        "Net Income": 18.82
      },
      "Balance Sheet": {
        "Cash & Equivalents": 87.57,
        "Total Assets": 452.67,
        "Total Debt": 65.83,
        "Total Liabilities": 114.63,
        "Total Equity": 338.04
      },
      "Cash Flow": {
        "Operating Cash Flow": 48.01,
        "CapEx": 23.35,
        "Free Cash Flow": 24.66
      },
      "Ratios": {
        "Gross Margin": 0.1642,
        "EBITDA Margin": 0.098,
        "Net Margin": 0.0322,
        "Leverage (Debt/EBITDA)": 1.15
      }
    },
    "2024": {
      "Income Statement": {
        "Revenue": 623.86,
        "COGS": 478.83,
        "Gross Profit": 145.03,
        "Operating Expenses": 97.34,
        "EBITDA": 47.69,
        "EBIT": 16.49,
        "Net Income": 11.08
      },
      "Balance Sheet": {
        "Cash & Equivalents": 93.58,
        "Total Assets": 477.33,
        "Total Debt": 99.72,
        "Total Liabilities": 147.61,
        "Total Equity": 329.73
      },
      "Cash Flow": {
        "Operating Cash Flow": 42.27,
        "CapEx": 24.95,
        "Free Cash Flow": 17.31
      },
      "Ratios": {
        "Gross Margin": 0.2325,
        "EBITDA Margin": 0.0764,
        "Net Margin": 0.0178,
        "Leverage (Debt/EBITDA)": 2.09
      }
    },
    "2025": {
      "Income Statement": {
        "Revenue": 666.67,
        "COGS": 516.54,
        "Gross Profit": 150.13,
        "Operating Expenses": 86.29,
        "EBITDA": 63.84,
        "EBIT": 30.51,
        "Net Income": 20.49
      },
      "Balance Sheet": {
        "Cash & Equivalents": 100.0,
        "Total Assets": 510.81,
        "Total Debt": 82.75,
        "Total Liabilities": 134.4,
        "Total Equity": 376.41
      },
      "Cash Flow": {
        "Operating Cash Flow": 53.82,
        "CapEx": 26.67,
        "Free Cash Flow": 27.15
      },
      "Ratios": {
        "Gross Margin": 0.2252,
        "EBITDA Margin": 0.0958,
        "Net Margin": 0.0307,
        "Leverage (Debt/EBITDA)": 1.3
      }
    }
  },
  "audit_trail": {
    "model_version": "FinGPT-v4.2",
    "timestamp": "2026-02-19T03:25:07.155414",
    "data_cutoff": "2025-10-31",
    "compliance_check": "PASS",
    "auditor_id": "AUDIT-3088",
    "confidence_score": 0.8559,
    "audit_id": "03b3fa0d-c648-43f9-9401-77f8dc9a8c27",
    "data_hash": "6912b67be39f6740"
  }
}