Merck MRK
NYSE MRK
$144.92 -2.61 (-1.77%)
As of: Sep 10, 2026 · 2:46 PM EDT

Merck (MRK) Capital Expenditures (2009 - 2026)

Merck's (MRK) quarterly Capital Expenditures came in at $893.0 million in Q2 2026, up 16.88% year-over-year from $764.0 million in Q2 2025, and down 9.89% quarter-over-quarter from $991.0 million in Q1 2026.

Analysis

Merck (MRK) Capital Expenditures (2009 - 2026) Analysis & Trends

Merck (MRK) has reported Capital Expenditures for 18 consecutive years, with $893.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Capital Expenditures rose 16.88% year-over-year to $893.0 million in Q2 2026; TTM through Jun 2026 was $3.9 billion, a 2.41% increase from a year earlier, with the FY2025 full-year figure at $4.1 billion, up 21.95% from the prior year.
  • Capital Expenditures was $893.0 million for Q2 2026 at Merck, down from $991.0 million 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 $978.8 million and a median of $985.5 million in 2022 frame the typical range for Capital Expenditures.
  • Across the five-year window, Capital Expenditures soared 54.24% in 2025 and decreased 25.38% in 2026, its largest moves.
  • Over 5 years, Capital Expenditures stood at $1.1 billion in 2022, then retreated by 13.93% to $989.0 million in 2023, then fell by 5.26% to $937.0 million in 2024, then rose by 10.25% to $1.0 billion in 2025, then declined by 13.55% to $893.0 million in 2026.
  • The last three Capital Expenditures figures came in at $893.0 million (Q2 2026), $991.0 million (Q1 2026), and $1.0 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Johnson & Johnson 642.46 Bn 621.70 Bn 17.26 Bn 1.32 Bn
2 AbbVie 448.37 Bn 441.80 Bn 12.70 Bn 322.00 Mn
3 Merck 357.95 Bn 350.81 Bn 12.21 Bn 893.00 Mn
4 Novartis Ag 267.68 Bn 259.99 Bn 11.24 Bn -321.00 Mn
5 Pfizer 156.52 Bn 144.82 Bn 10.94 Bn 533.00 Mn
6 Sanofi 52.15 Bn 44.77 Bn 10.79 Bn -
7 Revolution Medicines 42.98 Bn 42.98 Bn - 2.29 Mn
8 Incyte 24.75 Bn 20.21 Bn 1.57 Bn 12.41 Mn
9 United Therapeutics 21.52 Bn 18.86 Bn 683.80 Mn 108.00 Mn
10 Neurocrine Biosciences 15.82 Bn 15.43 Bn 935.80 Mn 7.80 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 893.00 Mn
Mar 31, 2026 991.00 Mn
Dec 31, 2025 1.03 Bn
Sep 30, 2025 987.00 Mn
Jun 30, 2025 764.00 Mn
Mar 31, 2025 1.33 Bn
Dec 31, 2024 937.00 Mn
Sep 30, 2024 783.00 Mn
Jun 30, 2024 791.00 Mn
Mar 31, 2024 861.00 Mn
Dec 31, 2023 989.00 Mn
Sep 30, 2023 902.00 Mn
Jun 30, 2023 965.00 Mn
Mar 31, 2023 1.01 Bn
Dec 31, 2022 1.15 Bn
Sep 30, 2022 1.13 Bn
Jun 30, 2022 1.13 Bn
Mar 31, 2022 984.00 Mn
Dec 31, 2021 1.21 Bn
Sep 30, 2021 1.17 Bn