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Merck & Co., Inc.

MRK

Companies in Pharmaceutical Preparations

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Financial Statements

Values in Millions ($)
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
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Assets
Cash And Cash Equivalents At Carrying Value
5,32714,56518,1698,0078,62913,24214,59311,3045,5796,8418,6055,660
Short Term Investments
-----------718
Marketable Securities Current
37504561559944705040252168-
Assets Current
Accounts Receivable Net Current
12,21011,77512,12011,84610,79010,27811,38111,64211,36610,34910,39411,030
Assets Current
35,01543,51647,55737,06535,50338,78240,36138,20531,44532,16831,95429,977
Inventory Net
6,4796,6586,4446,6016,1966,1096,2446,4696,5106,3586,1315,930
Other Assets Current
10,62410,51810,7799,9969,2898,7068,1438,7407,9508,3686,6566,639
Marketable Securities Noncurrent
1,1059561,1177746164635753572802521,3061,214
Land
-321---307---326--
Buildings And Improvements Gross
-17,983---16,360---14,966--
Property Plant And Equipm…
Property Plant And Equipment Gross
-47,230---42,934---41,317--
Machinery And Equipment Gross
-19,760---18,283---17,763--
Construction In Progress Gross
-9,166---7,984---8,262--
Property Plant And Equipment Net
25,43325,31625,63925,23624,79323,77923,44623,22123,04523,05122,52622,231
Goodwill
21,58121,57921,58721,59121,68421,66821,69721,16121,18121,19721,18321,195
Intangible Assets Net Excluding Goodwill
25,74526,68115,31315,19315,75816,37017,01016,98417,57218,01119,19919,665
Other Assets Noncurrent
19,80618,81818,33317,66416,76816,04414,44312,70212,32611,99610,55910,187
Assets
128,685136,866129,546117,523115,122117,106117,532112,630105,849106,675106,727104,469
Liabilities And Stockhold…
Debt Current
2,4442,5891,4051,4341,3602,6493,1493,0713,0771,3728872,839
Accounts Payable Current
3,8634,4044,1473,8923,7844,0793,5863,5193,5143,9223,5093,442
Liabilities Current
Liabilities Current
26,94528,32728,62826,03725,17428,42029,58626,06025,09925,69423,09423,394
Other Liabilities Current
14,54914,46816,18614,50212,77215,69416,53914,71214,10215,76614,84013,747
Accrued Income Taxes Current
3,9464,7264,8484,1565,1813,9144,3302,7772,3982,6491,9811,489
Dividends Payable Current
2,1432,1402,0422,0532,0772,0841,9821,9812,0081,9851,8771,877
Long Term Debt Noncurrent
46,67346,75039,96933,96833,48434,46234,98234,71731,14233,68333,97234,072
Deferred Income Tax Liabilities Net
1,4941,4391,3811,4271,4091,3878648769228711,018996
Other Liabilities Noncurrent
7,6427,6887,6617,0316,6556,4657,5407,3298,2628,7927,3437,265
Common Stock Value
1,7881,7881,7881,7881,7881,7881,7881,7881,7881,7881,7881,788
Additional Paid In Capital Common Stock
45,17645,02944,83244,64444,81644,70444,53044,36244,59844,50944,35844,219
Stockholders Equity
Stockholders Equity
45,87852,60651,85048,99348,33546,31344,56043,64840,36437,58141,24638,693
Retained Earnings Accumulated Deficit
66,72173,07572,23168,47766,09763,06961,38460,18756,69753,89557,08254,198
Accumulated Other Comprehensive Income Loss Net Of…
-4,060-4,287-5,202-5,421-4,965-4,945-5,371-5,361-5,274-5,161-4,916-4,900
Stockholders Equity Before Treasury Stock
109,625115,605113,649109,488107,736104,616102,331100,97697,80995,03198,31295,305
Treasury Stock Common Value
63,74762,99961,79960,49559,40158,30357,82957,39457,44557,45057,06656,612
Minority Interest
535657676559586660545449
Liabilities And Stockholders Equity
128,685136,866129,546117,523115,122117,106117,532112,630105,849106,675106,727104,469
Allowance For Doubtful Accounts Receivable Current
1039793949389798280888586
Inventory Noncurrent
6,1955,6815,4124,8824,5564,1933,9953,4563,4133,3483,1513,220
Accumulated Depreciation Depletion And Amortizatio…
22,28821,91420,60520,25619,68019,15519,07218,96018,62018,26618,44618,432
Common Stock Par Or Stated Value Per Share
0.50.50.50.50.50.50.50.50.50.50.50.5
Common Stock Shares Authorized
6,500,000,0006,500,000,0006,500,000,0006,500,000,0006,500,000,0006,500,000,0006,500,000,0006,500,000,0006,500,000,0006,500,000,0006,500,000,0006,500,000,000
Common Stock Shares Issued
3,577,103,5223,577,103,5223,577,103,5223,577,103,5223,577,103,5223,577,103,5223,577,103,5223,577,103,5223,577,103,5223,577,103,5223,577,103,5223,577,103,522
Treasury Stock Common Shares
1,1071,1021,0901,0741,0611,0491,0451,0411,0441,0451,0421,038

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
20264.96%14.57%16.71%---------
2025-6.73%-4.00%-2.91%4.12%-1.80%9.36%24.22%27.61%29.29%-7.18%-3.21%-9.46%
20241.55%3.13%-0.77%5.47%1.91%-6.80%0.90%-0.23%-4.38%2.72%-13.95%-16.09%
2023-5.62%-1.97%-5.57%3.53%-2.30%-2.42%-1.46%4.93%15.84%-3.26%-1.76%2.47%

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Performance and Valuation Metrics

Metrics
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
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Liquidity Ratios
Current Ratio
1.30
1.54
1.66
1.42
1.41
1.36
1.36
1.47
1.25
1.25
1.38
1.28
Quick Ratio
1.06
1.30
1.44
1.17
1.16
1.15
1.15
1.22
0.99
1.00
1.12
1.03
Working Capital
8.07B
15.19B
18.93B
11.03B
10.33B
10.36B
10.78B
12.15B
6.35B
6.47B
8.86B
6.58B
Leverage & Debt
Debt to Equity
0.59
0.54
0.55
0.53
0.52
0.61
0.66
0.60
0.62
0.68
0.56
0.60
Debt Ratio
0.21
0.21
0.22
0.22
0.22
0.24
0.25
0.23
0.24
0.24
0.22
0.22
Efficiency & Turnover
Asset Turnover TTM
0.54
0.51
0.52
0.55
0.58
0.57
0.56
0.58
0.57
0.56
0.55
0.55
Days Sales Outstanding TTM
63.82
61.91
66.77
67.38
63.26
58.67
62.90
66.22
64.74
60.11
61.16
64.70
Receivables Turnover TTM
5.72
5.90
5.47
5.42
5.77
6.22
5.80
5.51
5.64
6.07
5.97
5.64
Per Share Metrics
Diluted EPS TTM
3.62
7.28
7.62
6.53
6.89
6.74
4.78
5.40
0.90
0.14
1.81
1.23
Free Cash Flow Per Share TTM
5.71
4.94
5.23
5.87
6.75
7.15
5.86
5.19
4.36
3.60
5.19
3.43
Dividend Per Share TTM
3.33
3.27
3.25
3.20
3.15
3.10
3.05
3.02
2.98
2.93
2.89
2.85
Margin Metrics
Gross Profit Margin TTM
73.91%
74.80%
77.18%
76.60%
76.42%
76.32%
75.82%
75.25%
74.37%
73.17%
72.86%
72.96%
Operating Profit Margin TTM
17.68%
32.41%
33.96%
30.12%
31.55%
31.07%
21.72%
24.41%
6.37%
3.14%
12.56%
9.28%
Net Profit Margin TTM
13.59%
28.09%
29.64%
25.80%
27.28%
26.68%
19.22%
21.97%
3.75%
0.61%
7.78%
5.34%
Growth Metrics
Net Revenue Growth (1Y)
2.89%
1.31%
1.68%
1.82%
4.10%
6.74%
6.51%
7.15%
6.11%
1.40%
0.58%
2.00%
Net Income Growth (1Y)
-48.75%
6.70%
56.82%
19.54%
657.60%
4,589.59%
163.06%
341.02%
-82.34%
-97.49%
-69.75%
-81.22%
EPS Growth (1Y)
-47.69%
7.97%
59.27%
20.69%
660.60%
4,598.85%
163.37%
341.89%
-82.30%
-97.49%
-69.80%
-81.28%
Valuation Metrics
P/E TTM
33.03
14.21
10.75
11.71
12.44
13.98
22.34
21.39
135.10
700.64
51.95
85.81
P/B TTM
6.44
4.93
3.95
3.92
4.49
5.16
6.09
6.73
7.70
6.80
5.81
6.90
P/S TTM
4.49
3.99
3.19
3.02
3.39
3.73
4.29
4.70
5.06
4.25
4.04
4.58
Market Cap
295.23B
259.56B
204.63B
192.26B
216.97B
239.25B
271.16B
293.65B
310.99B
255.73B
239.76B
267.12B
Enterprise Value
338.95B
294.21B
227.75B
219.59B
243.08B
263.04B
294.60B
320.06B
339.54B
283.88B
265.95B
298.32B
Calculated Values
Free Cash Flow TTM
14.12B
12.36B
13.05B
14.72B
17.04B
18.10B
14.84B
13.15B
11.04B
9.14B
13.17B
8.72B
Net Debt
43.72B
34.65B
23.11B
27.33B
26.11B
23.79B
23.44B
26.42B
28.55B
28.15B
26.19B
31.20B
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-02-12Sale
Owner: Guindo, Chirfi
Title: Chief Marketing Officer
Shares: 10,000
Price/Share: $121.46
Value: $1,214,600.00
Shares Owned: 60,615
Relationship: Officer
Ownership: Direct
2026-02-10Sale
Owner: Li, Dean Y
Title: Executive VP & President, MRL
Shares: 10,235
Price/Share: $117.52
Value: $1,202,817.20
Shares Owned: 92,035
Relationship: Officer
Ownership: Direct
2026-02-09Sale
Owner: Zachary, Jennifer
Title: EVP, General Counsel
Shares: 121,573
Price/Share: $119.15
Value: $14,485,422.95
Shares Owned: 68,916
Relationship: Officer
Ownership: Direct
2026-02-09Sale
Owner: Guindo, Chirfi
Title: Chief Marketing Officer
Shares: 10,000
Price/Share: $118.41
Value: $1,184,100.00
Shares Owned: 70,615
Relationship: Officer
Ownership: Direct
2026-02-06Sale
Owner: Deluca, Richard R.
Title: EVP&Pres, Merck Animal Heallth
Shares: 37,685
Price/Share: $120.92
Value: $4,556,870.20
Shares Owned: 160,174
Relationship: Officer
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
72.58%
Inst. Shares: 1,794,150,480
Shares Outstanding: 2,472,000,000
2025-12-31
74.32%
Inst. Shares: 1,859,406,460
Shares Outstanding: 2,502,000,000
2025-09-30
72.65%
Inst. Shares: 1,812,661,845
Shares Outstanding: 2,495,000,000
2025-06-30
74.05%
Inst. Shares: 1,858,717,074
Shares Outstanding: 2,510,000,000
2025-03-31
72.79%
Inst. Shares: 1,836,499,705
Shares Outstanding: 2,523,000,000

Merck & Co., Inc. (MRK) — SEC Financial Statements & Analysis

Merck & Co., Inc. (MRK) is a pharmaceutical preparations company, incorporated in NJ. Merck & Co., Inc. trades on MRK: NYSE as: MRK. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Merck & Co., Inc. reported a 2.89% year-over-year revenue growth, a Gross Profit Margin of 73.91% (TTM), a Debt-to-Equity ratio of 0.59x, a Price-to-Sales (P/S) ratio of 4.49x (TTM), a Price-to-Book (P/B) ratio of 6.44 (TTM), at a market cap of $295.23B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
2.89%
Gross Profit Margin TTM
73.91%
Debt To Equity
0.59x
P/S TTM
4.49x
P/B TTM
6.44
Market Cap
$295.23B

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Merck & Co., Inc. in?

Merck & Co., Inc. (MRK) operates in the Pharmaceutical Preparations industry.

What is MRK's market cap?

Merck & Co., Inc. (MRK) has a market capitalization of $295.23B as of 2026-03-31.

What is MRK's P/E ratio?

Merck & Co., Inc. (MRK)'s trailing twelve month P/E ratio is 33.03x as of 2026-03-31.

What exchange does MRK trade on?

Merck & Co., Inc. (MRK) trades on the MRK: NYSE.

Where is Merck & Co., Inc. incorporated?

Merck & Co., Inc. is incorporated in NJ.

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Merck & Co., Inc. (MRK) financial data sourced directly from SEC EDGAR filings — including the latest 10-K annual report, 10-Q quarterly filings, insider transactions (SEC Form 4), institutional ownership (SEC Form 13F), Earning Marker Reaction Heat Map and 50+ calculated financial metrics like Price to Earnings Ratio (P/E), Return on Equity (ROE), Debt to Equity (D/E), Free Cash Flow Per Share (FCF/S), and Return on Invested Capital (ROIC). Unlike platforms that rely on third-party data aggregators, GeminIQ parses raw SEC filings directly — delivering institutional-grade accuracy at a fraction of the cost of Bloomberg Terminal or S&P Capital IQ.