Merck (MRK) Construction in Progress (2009 - 2025)

Merck (MRK) has reported Construction in Progress for 17 consecutive years, with $9.2 billion the latest figure, recorded in Q4 2025.

• On a quarterly basis, Construction in Progress rose 14.8% year-over-year to $9.2 billion in Q4 2025; TTM through Dec 2025 was $9.2 billion, a 14.8% increase from a year earlier, with the FY2025 full-year figure at $9.2 billion, up 14.8% from the prior year.
• Construction in Progress was $9.2 billion for Q4 2025 at Merck, up from $8.0 billion in the prior quarter.
• Over five years, Construction in Progress peaked at $9.2 billion in Q4 2022 and troughed at $8.0 billion in Q4 2024.
• A 5-year average of $8.6 billion and a median of $8.3 billion in 2021 frame the typical range for Construction in Progress.
• Across the five-year window, Construction in Progress increased 19.3% in 2021 and fell 10.06% in 2023, its largest moves.
• Over 5 years, Construction in Progress stood at $8.3 billion in 2021, then grew by 10.5% to $9.2 billion in 2022, then fell by 10.06% to $8.3 billion in 2023, then fell by 3.36% to $8.0 billion in 2024, then grew by 14.8% to $9.2 billion in 2025.
• The last three Construction in Progress figures came in at $9.2 billion (Q4 2025), $8.0 billion (Q4 2024), and $8.3 billion (Q4 2023), per Business Quant data.