MRK
Merck (MRK)
NYSE
$118.73+$3.24 (+2.81%)
Price as of Jun 23, 2026 3:18 PM EDT
  • $285.2B
    Market Cap
  • 48.88%
    1-Year Change
  • Drug Manufacturers - General
    Industry
Annual
Quarterly
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Income Statement
Total Operating Revenue
65.0B
+1.31%
64.2B
+6.74%
60.1B
+1.40%
59.3B
+21.72%
Cost of Revenue
16.4B
+7.83%
15.2B
-5.79%
16.1B
-7.38%
17.4B
+27.78%
Gross Profit
48.6B
-0.71%
49.0B
+11.33%
44.0B
+5.06%
41.9B
+19.37%
Sales and Marketing Expense
10.7B
-0.77%
10.8B
+370.26%
2.3B
-77.10%
10.0B
+4.24%
Research and Development Expense
N/A
N/A
-17.9B
-41.25%
-30.5B
-325.35%
13.5B
+10.64%
Depreciation and Amortization Expense
3.0B
+44.72%
2.1B
+15.10%
1.8B
+0.22%
1.8B
+15.59%
Total Operating Expenses
16.4B
+7.83%
15.2B
-5.79%
16.1B
-7.38%
17.4B
+27.78%
Operating Profit
21.1B
+5.67%
19.9B
+5,361.92%
365.0M
-97.78%
16.4B
+18.48%
Interest Income
343.0M
-17.35%
415.0M
+13.70%
365.0M
+132.48%
157.0M
+336.11%
Interest Expense
N/A
N/A
N/A
N/A
-1.1B
+19.13%
-962.0M
+19.35%
Interest Income and Expense and Net
343.0M
-17.35%
415.0M
+153.14%
-781.0M
-597.45%
157.0M
+336.11%
Total Nonoperating Income and Expense
-151.0M
-729.17%
24.0M
+105.15%
-466.0M
-68.95%
-1.5B
-211.93%
Income before Taxes
21.1B
+5.67%
19.9B
+5,361.92%
365.0M
-97.78%
16.4B
+18.48%
Income Taxes
2.8B
+0.04%
2.8B
+247.60%
-1.9B
-199.01%
1.9B
+26.10%
Extraordinary Items
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
18.3B
+6.64%
17.1B
+4,589.59%
365.0M
-97.49%
14.5B
+11.27%
Net Income from Continuing Operations Applicable to Common
21.1B
+5.67%
19.9B
+5,361.92%
365.0M
-97.49%
14.5B
+17.61%
Basic EPS and Net Income
7.30
+7.99%
6.76
+4,728.57%
0.14
-97.56%
5.73
+11.05%
Diluted EPS and Net Income
7.28
+8.01%
6.74
+4,714.29%
0.14
-97.55%
5.71
+11.09%
Basic Weighted Average Shares
2.5B
-1.18%
2.5B
-0.20%
2.5B
+0.20%
2.5B
+0.08%
Diluted Weighted Average Shares
2.5B
-1.34%
2.5B
-0.24%
2.5B
+0.20%
2.5B
+0.16%
Balance Sheet
Cash and Cash Equivalents
14.6B
+9.99%
13.2B
+93.57%
6.8B
-46.11%
12.7B
+56.79%
Short-Term Investments
0
-100.00%
447.0M
+77.38%
252.0M
-49.40%
498.0M
N/A
Cash and Cash Equivalents and Short-Term Investments
14.6B
+6.40%
13.7B
+92.99%
7.1B
-46.23%
13.2B
+62.94%
Total Current Assets
43.5B
+12.21%
38.8B
+20.56%
32.2B
-9.95%
35.7B
+18.03%
Accumulated Depreciation
21.9B
+14.40%
19.2B
+4.87%
18.3B
+1.56%
18.0B
-1.14%
Property and Plant and Equipment and Net
25.3B
+6.46%
23.8B
+3.16%
23.1B
+7.60%
21.4B
+11.12%
Total Long-Term Assets
18.8B
+17.29%
16.0B
+33.74%
12.0B
-46.53%
22.4B
+14.19%
Total Assets
136.9B
+16.87%
117.1B
+9.78%
106.7B
-2.28%
109.2B
+3.28%
Income Taxes Payable
6.2B
+16.30%
5.3B
+50.60%
3.5B
-6.90%
3.8B
-18.95%
Total Short-Term Debt
2.6B
-2.27%
2.6B
+93.08%
1.4B
-29.50%
1.9B
-19.32%
Total Current Liabilities
28.3B
-0.33%
28.4B
+10.61%
25.7B
+6.00%
24.2B
+1.54%
Total Long-Term Debt
46.8B
+35.66%
34.5B
+2.31%
33.7B
+17.18%
28.7B
-6.34%
Total Long-Term Liabilities
7.7B
+18.92%
6.5B
-26.47%
8.8B
+5.63%
8.3B
-11.78%
Total Liabilities
28.3B
-0.33%
28.4B
+10.61%
25.7B
+6.00%
24.2B
+1.54%
Retained Earnings
73.1B
+15.87%
63.1B
+17.02%
53.9B
-11.76%
61.1B
+13.75%
Total Stockholders Equity
52.6B
+13.59%
46.3B
+23.24%
37.6B
-18.29%
46.0B
+20.45%
Total Shares Outstanding
3.6B
0.00%
3.6B
0.00%
3.6B
0.00%
3.6B
0.00%
Cash Flow
Cash from Operating Activities
16.5B
-23.27%
21.5B
+65.06%
13.0B
-31.89%
19.1B
+35.34%
Capital Expenditures
4.1B
+21.95%
3.4B
-12.71%
3.9B
-11.96%
4.4B
-1.35%
Cash from Investing Activities
-13.7B
+77.67%
-7.7B
-45.08%
-14.1B
+183.93%
-5.0B
-70.04%
Dividends Paid
8.2B
+4.29%
7.8B
+5.31%
7.4B
+6.18%
7.0B
+6.08%
Cash from Financing Activities
-1.9B
-72.67%
-7.0B
+46.20%
-4.8B
-47.25%
-9.1B
-451.68%
Financials Ratio
Gross Margin
74.80%
-1.99%
76.32%
+4.30%
73.17%
+3.60%
70.63%
-1.93%
Operating Margin
32.41%
+4.30%
31.07%
+5,016.67%
0.61%
-97.81%
27.74%
-2.66%
Return on Assets
14.37%
-6.03%
15.30%
+4,423.36%
0.34%
-97.50%
13.52%
+2.16%
Return on Equity
36.91%
-9.56%
40.81%
+4,571.59%
0.87%
-97.47%
34.50%
-16.06%
Revenue Growth
1.31%
-80.51%
6.74%
+380.41%
1.40%
-93.54%
21.72%
+1,368.23%
Current Ratio
1.54
+12.58%
1.36
+8.99%
1.25
-15.04%
1.47
+16.24%
Cash Ratio
0.51
+10.37%
0.47
+75.02%
0.27
-49.17%
0.52
+54.44%
Debt-to-Equity Ratio
0.94
+17.05%
0.80
-14.10%
0.93
+39.79%
0.67
-23.02%
Debt-to-Assets Ratio
0.36
+13.76%
0.32
-3.56%
0.33
+16.86%
0.28
-10.22%

Earnings & Revenue History

Debt-to-Assets

Cash Flow