Merck (MRK) Change in Working Capital (2009 - 2026)
Merck's Change in Working Capital was -$423 million in Q2 2026, compared with $2.26 billion a year earlier.
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Analysis
Merck (MRK) Change in Working Capital (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Merck's Change in Working Capital was $2.14 billion through Jun 30, 2026, down 51.5% year-over-year.
- Quarterly Change in Working Capital has moved between -$2.58 billion (Q3 2024) and $3.71 billion (Q1 2025) over five years.
- The best year-over-year quarter for Change in Working Capital over five years was Q2 2025 (growth of 123.2%); the worst was Q3 2021 (a decline of 89.9%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 653.54 Bn | 572.07 Bn | 17.26 Bn | - |
| 2 | AbbVie | 467.01 Bn | 440.17 Bn | 12.70 Bn | - |
| 3 | Merck | 367.16 Bn | 321.59 Bn | 12.21 Bn | -423.00 Mn |
| 4 | Novartis Ag | 277.56 Bn | 233.43 Bn | 11.24 Bn | 232.00 Mn |
| 5 | Astrazeneca | 258.23 Bn | 231.79 Bn | 12.86 Bn | - |
| 6 | Amgen | 224.14 Bn | 179.54 Bn | 7.24 Bn | - |
| 7 | Gilead Sciences | 187.30 Bn | 161.42 Bn | 6.22 Bn | - |
| 8 | Pfizer | 163.47 Bn | 110.41 Bn | 10.94 Bn | 1.82 Bn |
| 9 | Vertex Pharmaceuticals | 133.31 Bn | 105.31 Bn | 2.84 Bn | - |
| 10 | Bristol Myers Squibb | 128.45 Bn | 79.72 Bn | 9.25 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -423.00 Mn |
| Mar 31, 2026 | 1.61 Bn |
| Sep 30, 2025 | -1.31 Bn |
| Jun 30, 2025 | 2.26 Bn |
| Mar 31, 2025 | 3.71 Bn |
| Sep 30, 2024 | -2.58 Bn |
| Jun 30, 2024 | 1.01 Bn |
| Mar 31, 2024 | 3.38 Bn |
| Sep 30, 2023 | -2.18 Bn |
| Jun 30, 2023 | 1.64 Bn |
| Mar 31, 2023 | 2.89 Bn |
| Sep 30, 2022 | -263.00 Mn |
| Jun 30, 2022 | 1.40 Bn |
| Mar 31, 2022 | 1.30 Bn |
| Sep 30, 2021 | 139.00 Mn |
| Jun 30, 2021 | 1.46 Bn |
| Mar 31, 2021 | 2.19 Bn |
| Sep 30, 2020 | 1.37 Bn |
| Jun 30, 2020 | 446.00 Mn |
| Mar 31, 2020 | 3.67 Bn |
API Access
Merck Change in Working Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=MRK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "ticker": "MRK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=MRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();