Merck & Co., Inc. (MRK)
NYSE: MRK · Real-Time Price · USD
149.52
+3.19 (2.18%)
At close: Oct 30, 2026, 4:00 PM EDT
149.55
+0.03 (0.02%)
After-hours: Oct 30, 2026, 7:59 PM EDT
Merck & Co. Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 30, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 368,892 | 358,505 | 317,372 | 297,404 | 261,258 | 209,639 | 198,773 | 226,737 | 251,648 | 287,853 | 313,561 | 334,182 | 276,259 | 261,238 | 292,795 | 270,081 | 281,302 | 218,166 | 230,551 | 207,401 | 193,588 | |
Market Cap Growth (YoY) | 70.58% | 71.01% | 59.67% | 31.17% | 3.82% | -27.17% | -36.61% | -32.15% | -8.91% | 10.19% | 7.09% | 23.73% | -1.79% | 19.74% | 27.00% | 30.22% | 45.31% | 14.74% | 17.08% | 6.33% | -6.46% |
Enterprise Value | 415,662 | 405,326 | 360,840 | 333,429 | 284,475 | 236,486 | 224,454 | 251,377 | 275,244 | 314,353 | 342,221 | 363,411 | 302,407 | 291,820 | 313,226 | 288,941 | 300,538 | 239,775 | 253,483 | 233,995 | 210,056 |
Last Close Price | 149.52 | 145.31 | 127.75 | 118.73 | 103.13 | 81.54 | 76.15 | 85.49 | 93.94 | 106.38 | 115.20 | 122.06 | 100.21 | 93.95 | 104.59 | 95.79 | 99.21 | 76.50 | 80.34 | 71.71 | 66.39 |
Price Ratios
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 30, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 151.22 | 146.15 | - | - | 14.31 | 11.01 | 12.12 | 13.01 | 14.70 | 23.70 | 22.83 | 144.92 | - | 56.69 | - | 20.73 | 19.38 | 14.30 | 13.91 | 14.63 | 14.84 |
Forward PE | 17.46 | 17.02 | 20.92 | 23.47 | 12.18 | 9.16 | 8.83 | 10.00 | 11.05 | 13.31 | 13.97 | 15.35 | 17.47 | 13.33 | 15.71 | 15.24 | 15.45 | 12.51 | 13.15 | 11.23 | 10.97 |
PS Ratio | 5.47 | 5.32 | 4.77 | 4.52 | 4.02 | 3.26 | 3.13 | 3.55 | 3.92 | 4.56 | 5.02 | 5.44 | 4.60 | 4.40 | 5.02 | 4.67 | 4.75 | 3.70 | 4.03 | 3.84 | 3.98 |
PB Ratio | 8.80 | 8.54 | 7.56 | 6.48 | 4.96 | 4.04 | 4.05 | 4.68 | 5.43 | 6.46 | 7.18 | 8.27 | 7.34 | 6.33 | 7.56 | 5.76 | 6.11 | 4.90 | 5.32 | 5.06 | 5.06 |
P/TBV Ratio | - | - | - | - | 60.12 | 14.02 | 16.28 | 20.82 | 30.41 | 49.67 | 57.67 | 207.44 | - | 302.36 | - | 46.82 | 62.26 | 113.04 | - | - | - |
P/FCF Ratio | 22.97 | - | 19.76 | 21.07 | 21.14 | 16.07 | 13.50 | 13.31 | 13.91 | 19.40 | 23.85 | 30.27 | - | 19.84 | 27.04 | 23.98 | 19.13 | 14.31 | 16.01 | 16.11 | 20.04 |
P/OCF Ratio | 18.48 | - | 15.90 | 16.62 | 15.86 | 12.29 | 10.73 | 10.86 | 11.72 | 15.76 | 18.79 | 22.65 | 21.24 | 15.20 | 19.42 | 17.23 | 14.73 | 11.08 | 12.20 | 12.04 | 13.72 |
PEG Ratio | 3.40 | 3.10 | 2.44 | 3.04 | 1.26 | 1.01 | 0.97 | 1.34 | 0.27 | 0.32 | 0.37 | 0.33 | 1.21 | 0.62 | 1.67 | 1.56 | 1.50 | 1.20 | 1.18 | 1.16 | 0.97 |
EV Ratios
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 30, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
EV/Sales Ratio | 6.17 | 6.02 | 5.42 | 5.07 | 4.38 | 3.68 | 3.53 | 3.93 | 4.29 | 4.98 | 5.48 | 5.92 | 5.03 | 4.92 | 5.37 | 4.99 | 5.07 | 4.07 | 4.43 | 4.34 | 4.31 |
EV/EBITDA Ratio | 26.04 | 16.32 | 15.00 | 11.26 | 9.74 | 7.48 | 7.74 | 8.54 | 9.24 | 15.09 | 15.29 | 16.75 | 14.98 | 11.61 | 12.97 | 12.30 | 12.38 | 10.21 | 10.93 | 10.81 | 11.20 |
EV/EBIT Ratio | 40.98 | 21.25 | - | 13.54 | 11.58 | 8.67 | 9.12 | 10.03 | 10.78 | 18.72 | 18.49 | 20.18 | - | 13.61 | 15.29 | 14.58 | 14.67 | 12.13 | 12.89 | 12.78 | 13.43 |
EV/FCF Ratio | 25.88 | - | 22.46 | 23.62 | 23.02 | 18.12 | 15.25 | 14.75 | 15.21 | 21.18 | 26.03 | 32.92 | - | 22.16 | 28.93 | 25.66 | 20.43 | 15.72 | 17.61 | 18.18 | 21.74 |
Financial Efficiency
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 30, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Debt / Equity Ratio | 1.28 | 1.28 | 1.28 | 1.07 | 0.96 | 0.80 | 0.72 | 0.72 | 0.83 | 0.86 | 0.87 | 0.85 | 0.96 | 0.84 | 0.95 | 0.66 | 0.69 | 0.68 | 0.73 | 0.78 | 0.91 |
Debt / EBITDA Ratio | 3.29 | 1.51 | 9.44 | 1.60 | 1.83 | 1.27 | 1.27 | 1.20 | 1.03 | 1.73 | 1.27 | 1.12 | 27.17 | 1.23 | 1.36 | 1.26 | 1.51 | 1.25 | 1.30 | 1.15 | 1.93 |
Debt / FCF Ratio | - | - | 3.36 | 3.48 | 4.09 | 3.17 | 2.40 | 2.05 | 2.12 | 2.57 | 2.87 | 3.10 | - | 2.65 | 3.41 | 2.73 | 2.17 | 2.00 | 2.20 | 2.47 | 3.59 |
Net Debt / Equity Ratio | 1.11 | 1.11 | 1.11 | 0.95 | 0.68 | 0.45 | 0.55 | 0.53 | 0.53 | 0.53 | 0.61 | 0.71 | 0.78 | 0.63 | 0.79 | 0.43 | 0.41 | 0.43 | 0.50 | 0.56 | 0.69 |
Net Debt / EBITDA Ratio | 2.93 | 1.88 | 1.94 | 1.47 | 1.23 | 0.73 | 0.92 | 0.87 | 0.83 | 1.13 | 1.18 | 1.32 | 1.45 | 1.04 | 1.26 | 0.87 | 0.77 | 0.82 | 0.93 | 1.06 | 1.42 |
Net Debt / FCF Ratio | - | - | 2.91 | 3.08 | 2.91 | 1.78 | 1.82 | 1.50 | 1.36 | 1.59 | 2.01 | 2.59 | 3.19 | 1.98 | 2.82 | 1.81 | 1.28 | 1.26 | 1.50 | 1.78 | 2.75 |
Asset Turnover | - | - | 0.54 | 0.54 | 0.51 | 0.52 | 0.55 | 0.58 | 0.57 | 0.56 | 0.58 | 0.57 | 0.56 | 0.56 | 0.55 | 0.54 | 0.55 | 0.59 | 0.58 | 0.55 | 0.49 |
Inventory Turnover | - | - | 2.60 | 2.36 | 2.62 | 2.30 | 2.12 | 2.20 | 2.40 | 2.45 | 2.27 | 2.13 | 2.43 | 2.81 | 2.71 | 2.65 | 2.67 | 2.78 | 2.94 | 3.64 | 2.83 |
Quick Ratio | - | - | 0.74 | 0.70 | 0.96 | 1.09 | 0.82 | 0.83 | 0.87 | 0.92 | 0.93 | 0.73 | 0.71 | 0.89 | 0.80 | 0.95 | 0.98 | 0.95 | 0.91 | 0.90 | 0.79 |
Current Ratio | - | - | 1.32 | 1.30 | 1.54 | 1.66 | 1.42 | 1.41 | 1.37 | 1.36 | 1.47 | 1.25 | 1.25 | 1.38 | 1.28 | 1.44 | 1.47 | 1.46 | 1.39 | 1.40 | 1.27 |
Return on Equity (ROE) | - | - | 6.96% | 18.94% | 36.88% | 39.48% | 35.42% | 39.29% | 40.79% | 28.33% | 33.38% | 5.31% | 0.90% | 10.77% | 7.61% | 29.69% | 34.46% | 38.15% | 43.41% | 40.93% | 38.82% |
Return on Assets (ROA) | - | - | 11.87% | 12.58% | 12.04% | 13.76% | 12.95% | 13.81% | 13.90% | 9.00% | 10.73% | 10.26% | 9.25% | 12.25% | 11.75% | 11.55% | 11.92% | 12.31% | 12.31% | 11.47% | 8.80% |
Return on Invested Capital (ROIC) | 5.88% | 21.61% | 20.60% | 27.22% | 26.71% | 33.42% | 29.12% | 30.49% | 32.05% | 20.89% | 22.85% | 23.48% | 21.80% | 28.57% | 27.20% | 25.86% | 27.95% | 30.91% | 30.37% | 27.41% | 23.39% |
Return on Capital Employed (ROCE) | - | - | 18.30% | 24.20% | 22.60% | 27.00% | 26.90% | 27.90% | 28.80% | 19.10% | 21.40% | 22.30% | 20.30% | 25.60% | 25.30% | 23.40% | 24.10% | 23.50% | 23.40% | 21.70% | 19.10% |
Yields
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 30, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Earnings Yield | 0.66% | 0.68% | 1.00% | 3.00% | 6.99% | 9.08% | 8.25% | 7.69% | 6.80% | 4.22% | 4.38% | 0.69% | 0.13% | 1.76% | 1.06% | 4.82% | 5.16% | 7.00% | 7.19% | 6.84% | 6.74% |
FCF Yield | 4.35% | - | 5.06% | 4.75% | 4.73% | 6.22% | 7.41% | 7.51% | 7.19% | 5.16% | 4.19% | 3.30% | 3.31% | 5.04% | 3.70% | 4.17% | 5.23% | 6.99% | 6.25% | 6.21% | 4.99% |
Dividend Yield | 2.27% | 2.31% | 2.58% | 2.72% | 3.07% | 3.80% | 3.98% | 3.46% | 3.09% | 2.67% | 2.43% | 2.24% | 2.68% | 2.79% | 2.46% | 2.63% | 2.49% | 3.16% | 2.94% | 3.22% | 3.40% |
Payout Ratio | 343.87% | - | - | - | 68.11% | 35.11% | 46.92% | 40.36% | 52.12% | 61.86% | 36.41% | 40.95% | - | 39.09% | - | 65.69% | 58.00% | 53.79% | 44.88% | 40.49% | 43.72% |
Buyback Yield / Dilution | 1.77% | 0.80% | 1.71% | 2.33% | 1.93% | 1.69% | 1.22% | 0.51% | -0.16% | 0.20% | -0.20% | 0.27% | 0.59% | -0.16% | 0.04% | -0.55% | -0.51% | -0.24% | 0.08% | 0.16% | -0.20% |
Total Shareholder Return | 4.04% | 3.12% | 4.29% | 5.05% | 5.00% | 5.49% | 5.20% | 3.97% | 2.94% | 2.87% | 2.23% | 2.52% | 3.26% | 2.64% | 2.50% | 2.08% | 1.98% | 2.92% | 3.02% | 3.38% | 3.20% |