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% quarter-over-quarter from $1.0 billion in Q4 2025.
Merck (MRK) Capital Expenditures (2009 - 2026) Analysis & Trends
Merck (MRK) has 18 years of Capital Expenditures data on file, last reported at $991.0 million in Q1 2026.
- Capital Expenditures for Q1 2026 came in at $991.0 million, down 25.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.8 billion (down 1.67% YoY), and the FY2025 annual result was $4.1 billion, up 21.95% from the prior year.
- Capital Expenditures declined to $991.0 million in Q1 2026 per MRK's latest filing, from $1.0 billion in the prior quarter.
- Over five years, Capital Expenditures peaked at $1.3 billion in Q1 2025 and troughed at $764.0 million in Q2 2025.
- A 5-year average of $983.9 million and a median of $987.0 million in 2025 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2025 and 2026: Capital Expenditures jumped 54.24% in 2025, then slipped 25.38% in 2026.
- A 5-year view of Capital Expenditures shows it stood at $1.1 billion in 2022, then decreased by 13.93% to $989.0 million in 2023, then retreated by 5.26% to $937.0 million in 2024, then gained by 10.25% to $1.0 billion in 2025, then declined by 4.07% to $991.0 million in 2026.
- Business Quant data shows MRK's Capital Expenditures at $991.0 million in Q1 2026, $1.0 billion in Q4 2025, and $987.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | -297.95 Mn |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 2.33 Bn |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 1.05 Bn |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | 265.00 Mn |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | 991.00 Mn |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 712.00 Mn |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 117.00 Mn |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | 436.00 Mn |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 347.00 Mn |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | -346.00 Mn |
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 |