Merck (MRK) Debt Ratio (2009 - 2026)
Merck's (MRK) quarterly Debt Ratio came in at 0.42 in Q2 2026, up 37.86% year-over-year from 0.3 in Q2 2025, and up 8.81% quarter-over-quarter from 0.38 in Q1 2026.
Analysis
Merck (MRK) Debt Ratio (2009 - 2026) Analysis & Trends
Merck (MRK) has reported Debt Ratio for 18 consecutive years, with 0.42 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio rose 37.86% year-over-year to 0.42 in Q2 2026; TTM through Jun 2026 was 0.42, a 37.86% increase from a year earlier, with the FY2025 full-year figure at 0.36, up 13.76% from the prior year.
- Debt Ratio was 0.42 for Q2 2026 at Merck, up from 0.38 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.42 in Q2 2026 and troughed at 0.28 in Q4 2022.
- A 5-year average of 0.32 and a median of 0.32 in 2024 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio fell 13.36% in 2022 and jumped 37.86% in 2026, its largest moves.
- Over 5 years, Debt Ratio stood at 0.28 in 2022, then gained by 16.88% to 0.33 in 2023, then decreased by 3.56% to 0.32 in 2024, then grew by 13.76% to 0.36 in 2025, then climbed by 15.2% to 0.42 in 2026.
- The last three Debt Ratio figures came in at 0.42 (Q2 2026), 0.38 (Q1 2026), and 0.36 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 641.14 Bn | 620.38 Bn | 17.26 Bn | 0.30 |
| 2 | AbbVie | 451.04 Bn | 444.47 Bn | 12.70 Bn | 0.52 |
| 3 | Merck | 357.43 Bn | 350.29 Bn | 12.21 Bn | 0.42 |
| 4 | Novartis Ag | 266.73 Bn | 259.04 Bn | 11.24 Bn | 0.08 |
| 5 | Pfizer | 157.52 Bn | 145.82 Bn | 10.94 Bn | 0.31 |
| 6 | Sanofi | 52.14 Bn | 44.76 Bn | 10.79 Bn | 0.17 |
| 7 | Revolution Medicines | 42.88 Bn | 42.88 Bn | - | - |
| 8 | Incyte | 24.70 Bn | 20.16 Bn | 1.57 Bn | 0.00 |
| 9 | United Therapeutics | 21.47 Bn | 18.80 Bn | 683.80 Mn | - |
| 10 | Neurocrine Biosciences | 15.82 Bn | 15.43 Bn | 935.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.42 |
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.36 |
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.32 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.34 |
| Mar 31, 2024 | 0.32 |
| Dec 31, 2023 | 0.33 |
| Sep 30, 2023 | 0.33 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | 0.29 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.30 |
| Mar 31, 2022 | 0.30 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.28 |