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

Merck (MRK) has 17 years of Construction in Progress data on file, last reported at $9.2 billion in Q4 2025.

• Construction in Progress for Q4 2025 came in at $9.2 billion, up 14.8% year-over-year; the trailing twelve-month figure through Dec 2025 was $9.2 billion (up 14.8% YoY), and the FY2025 annual result was $9.2 billion, up 14.8% from the prior year.
• Construction in Progress improved to $9.2 billion in Q4 2025 per MRK's latest filing, 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.
• The sharpest annual moves came in 2021 and 2023: Construction in Progress rose 19.3% in 2021, then retreated 10.06% in 2023.
• A 5-year view of Construction in Progress shows it stood at $8.3 billion in 2021, then increased by 10.5% to $9.2 billion in 2022, then retreated by 10.06% to $8.3 billion in 2023, then retreated by 3.36% to $8.0 billion in 2024, then increased by 14.8% to $9.2 billion in 2025.
• Business Quant data shows MRK's Construction in Progress at $9.2 billion in Q4 2025, $8.0 billion in Q4 2024, and $8.3 billion in Q4 2023.