Merck (MRK) Capital Expenditures (2009 - 2026)
Merck (MRK) reported Capital Expenditures of $991.0 million for Q1 2026, down 25.38% year-over-year from $1.3 billion in Q1 2025, and down 4.07% on a QoQ basis from $1.0 billion in Q4 2025.
Merck (MRK) has 18 years of Capital Expenditures data on file, last reported at $991.0 million in Q1 2026.
- Quarterly Capital Expenditures fell 25.38% year-over-year to $991.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.8 billion (down 1.67% YoY) and the FY2025 annual result came in at $4.1 billion, up 21.95% from the prior year.
- Capital Expenditures fell to $991.0 million in Q1 2026 per MRK's latest filing, from $1.0 billion in the prior quarter.
- Across five years, Capital Expenditures topped out at $1.3 billion in Q1 2025 and bottomed at $764.0 million in Q2 2025.
- The 5-year median for Capital Expenditures is $987.0 million (2025), against an average of $983.9 million.
- The widest annual swing landed in 2025, when Capital Expenditures surged 54.24%; it then retreated 25.38% in 2026.
- Tracing MRK's Capital Expenditures over 5 years: stood at $1.1 billion in 2022, then fell by 13.93% to $989.0 million in 2023, then declined by 5.26% to $937.0 million in 2024, then increased by 10.25% to $1.0 billion in 2025, then slipped by 4.07% to $991.0 million in 2026.
- Per Business Quant, the three latest MRK Capital Expenditures figures stand at $991.0 million (Q1 2026), $1.0 billion (Q4 2025), and $987.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Novartis Ag | 107,124,802.25 Bn | 107,124,802.25 Bn | - | -346.00 Mn |
| 2 | Eli Lilly | 969.00 Bn | 963.72 Bn | 16.22 Bn | 2.33 Bn |
| 3 | Johnson & Johnson | 539.46 Bn | 517.41 Bn | 15.96 Bn | 1.05 Bn |
| 4 | AbbVie | 376.92 Bn | 367.57 Bn | 10.78 Bn | 265.00 Mn |
| 5 | Merck | 285.00 Bn | 279.35 Bn | 12.09 Bn | 991.00 Mn |
| 6 | Amgen | 177.58 Bn | 165.55 Bn | 5.87 Bn | 712.00 Mn |
| 7 | Gilead Sciences | 163.22 Bn | 155.50 Bn | 5.52 Bn | 117.00 Mn |
| 8 | Pfizer | 145.86 Bn | 133.09 Bn | -1.21 Bn | 436.00 Mn |
| 9 | Bristol Myers Squibb | 111.90 Bn | 101.44 Bn | 8.07 Bn | 347.00 Mn |
| 10 | Gsk | 88.34 Bn | 83.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 991.00 Mn |
| Mar 31, 2026 | 991.00 Mn |
| Dec 31, 2025 | 1.03 Bn |
| Dec 31, 2025 | 1.03 Bn |
| Sep 30, 2025 | 987.00 Mn |
| Sep 30, 2025 | 987.00 Mn |
| Jun 30, 2025 | 764.00 Mn |
| Jun 30, 2025 | 764.00 Mn |
| Mar 31, 2025 | 1.33 Bn |
| Mar 31, 2025 | 1.33 Bn |
| Dec 31, 2024 | 937.00 Mn |
| Dec 31, 2024 | 937.00 Mn |
| Sep 30, 2024 | 783.00 Mn |
| Sep 30, 2024 | 783.00 Mn |
| Jun 30, 2024 | 791.00 Mn |
| Jun 30, 2024 | 791.00 Mn |
| Mar 31, 2024 | 861.00 Mn |
| Mar 31, 2024 | 861.00 Mn |
| Dec 31, 2023 | 989.00 Mn |
| Dec 31, 2023 | 989.00 Mn |
| Sep 30, 2023 | 902.00 Mn |
| Sep 30, 2023 | 902.00 Mn |
| Jun 30, 2023 | 965.00 Mn |
| Jun 30, 2023 | 965.00 Mn |
| Mar 31, 2023 | 1.01 Bn |
| Mar 31, 2023 | 1.01 Bn |
| Dec 31, 2022 | 1.15 Bn |
| Dec 31, 2022 | 1.15 Bn |
| Sep 30, 2022 | 1.13 Bn |
| Sep 30, 2022 | 1.13 Bn |
| Jun 30, 2022 | 1.13 Bn |
| Jun 30, 2022 | 1.13 Bn |
| Mar 31, 2022 | 984.00 Mn |
| Mar 31, 2022 | 984.00 Mn |
| Dec 31, 2021 | 1.21 Bn |
| Dec 31, 2021 | 1.21 Bn |
| Sep 30, 2021 | 1.17 Bn |
| Sep 30, 2021 | 1.17 Bn |
| Jun 30, 2021 | 986.00 Mn |
| Jun 30, 2021 | 986.00 Mn |
| Mar 31, 2021 | 1.08 Bn |
| Mar 31, 2021 | 1.08 Bn |
| Dec 31, 2020 | 1.43 Bn |
| Dec 31, 2020 | 1.43 Bn |
| Sep 30, 2020 | 302.00 Mn |
| Sep 30, 2020 | 302.00 Mn |
| Jun 30, 2020 | 567.00 Mn |
| Jun 30, 2020 | 567.00 Mn |
| Mar 31, 2020 | 986.00 Mn |
| Mar 31, 2020 | 986.00 Mn |
| Dec 31, 2019 | 1.03 Bn |
| Dec 31, 2019 | 1.03 Bn |
| Sep 30, 2019 | 959.00 Mn |
| Sep 30, 2019 | 959.00 Mn |
| Jun 30, 2019 | 782.00 Mn |
| Jun 30, 2019 | 782.00 Mn |
| Mar 31, 2019 | 595.00 Mn |
| Mar 31, 2019 | 595.00 Mn |
| Dec 31, 2018 | 929.00 Mn |
| Dec 31, 2018 | 929.00 Mn |
| Sep 30, 2018 | 653.00 Mn |
| Sep 30, 2018 | 653.00 Mn |
| Jun 30, 2018 | 583.00 Mn |
| Jun 30, 2018 | 583.00 Mn |
| Mar 31, 2018 | 450.00 Mn |
| Mar 31, 2018 | 450.00 Mn |
| Dec 31, 2017 | 715.00 Mn |
| Dec 31, 2017 | 715.00 Mn |
| Sep 30, 2017 | 441.00 Mn |
| Sep 30, 2017 | 441.00 Mn |
| Jun 30, 2017 | 393.00 Mn |
| Jun 30, 2017 | 393.00 Mn |
| Mar 31, 2017 | 339.00 Mn |
| Mar 31, 2017 | 339.00 Mn |
| Dec 31, 2016 | 551.00 Mn |
| Dec 31, 2016 | 551.00 Mn |
| Sep 30, 2016 | 409.00 Mn |
| Sep 30, 2016 | 409.00 Mn |
| Jun 30, 2016 | 375.00 Mn |
| Jun 30, 2016 | 375.00 Mn |
| Mar 31, 2016 | 279.00 Mn |
| Mar 31, 2016 | 279.00 Mn |
| Dec 31, 2015 | 493.00 Mn |
| Dec 31, 2015 | 493.00 Mn |
| Sep 30, 2015 | 316.00 Mn |
| Sep 30, 2015 | 316.00 Mn |
| Jun 30, 2015 | 271.00 Mn |
| Jun 30, 2015 | 271.00 Mn |
| Mar 31, 2015 | 203.00 Mn |
| Mar 31, 2015 | 203.00 Mn |
| Dec 31, 2014 | 490.00 Mn |
| Dec 31, 2014 | 490.00 Mn |
| Sep 30, 2014 | 320.00 Mn |
| Sep 30, 2014 | 320.00 Mn |
| Jun 30, 2014 | 302.00 Mn |
| Jun 30, 2014 | 302.00 Mn |
| Mar 31, 2014 | 205.00 Mn |
| Mar 31, 2014 | 205.00 Mn |
| Dec 31, 2013 | 429.00 Mn |
| Dec 31, 2013 | 429.00 Mn |
| Sep 30, 2013 | 355.00 Mn |
| Sep 30, 2013 | 355.00 Mn |
| Jun 30, 2013 | 413.00 Mn |
| Jun 30, 2013 | 413.00 Mn |
| Mar 31, 2013 | 351.00 Mn |
| Mar 31, 2013 | 351.00 Mn |
| Dec 31, 2012 | 778.00 Mn |
| Dec 31, 2012 | 778.00 Mn |
| Sep 30, 2012 | 414.00 Mn |
| Sep 30, 2012 | 414.00 Mn |
| Jun 30, 2012 | 431.00 Mn |
| Jun 30, 2012 | 431.00 Mn |
| Mar 31, 2012 | 331.00 Mn |
| Mar 31, 2012 | 331.00 Mn |
| Dec 31, 2011 | 603.00 Mn |
| Dec 31, 2011 | 603.00 Mn |
| Sep 30, 2011 | 431.00 Mn |
| Sep 30, 2011 | 431.00 Mn |
| Jun 30, 2011 | 365.00 Mn |
| Jun 30, 2011 | 365.00 Mn |
| Mar 31, 2011 | 324.00 Mn |
| Mar 31, 2011 | 324.00 Mn |
| Dec 31, 2010 | 660.00 Mn |
| Dec 31, 2010 | 660.00 Mn |
| Sep 30, 2010 | 338.00 Mn |
| Sep 30, 2010 | 338.00 Mn |
| Jun 30, 2010 | 337.00 Mn |
| Jun 30, 2010 | 337.00 Mn |
| Mar 31, 2010 | 343.00 Mn |
| Mar 31, 2010 | 343.00 Mn |
| Dec 31, 2009 | 557.40 Mn |
| Dec 31, 2009 | 557.40 Mn |
| Sep 30, 2009 | 303.30 Mn |
| Sep 30, 2009 | 303.30 Mn |
| Jun 30, 2009 | 365.20 Mn |
| Jun 30, 2009 | 365.20 Mn |
| Mar 31, 2009 | 235.10 Mn |
| Mar 31, 2009 | 235.10 Mn |