Merck (MRK) Debt Ratio (2009 - 2026)
Merck's Debt Ratio came in at 0.42 for Q2 2026, up 37.9% from 0.30 a year earlier and up 8.8% from the prior quarter.
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Analysis
Merck (MRK) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Merck's Debt Ratio was 0.36, up 13.8% from FY2024.
- Going back by year, Debt Ratio was 0.32 in FY2024 (-3.6%), 0.33 in FY2023 (+16.9%), 0.28 in FY2022 (-10.2%) and 0.31 in FY2021 (-9.8%).
- The Q2 2026 figure represents the highest quarterly Debt Ratio in data going back to Q2 2009.
- Year-over-year, Debt Ratio has increased for three consecutive quarters, with growth averaging 6.9% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q2 2026 (growth of 37.9%), and the weakest in Q1 2022 (a decline of 13.4%).
- Business Quant data shows MRK's Debt Ratio at 0.38 (Q1 2026), 0.36 (Q4 2025) and 0.32 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,230.11 Bn | 1,198.70 Bn | 19.71 Bn | 0.39 |
| 2 | Johnson & Johnson | 644.39 Bn | 564.25 Bn | 17.30 Bn | 0.23 |
| 3 | AbbVie | 503.52 Bn | 476.68 Bn | 12.70 Bn | 0.52 |
| 4 | Merck | 363.29 Bn | 317.72 Bn | 12.21 Bn | 0.42 |
| 5 | Novartis Ag | 298.23 Bn | 262.62 Bn | 11.24 Bn | 0.08 |
| 6 | Astrazeneca | 267.53 Bn | 241.29 Bn | 12.86 Bn | 0.28 |
| 7 | Amgen | 241.80 Bn | 197.20 Bn | 7.24 Bn | 0.60 |
| 8 | Gilead Sciences | 195.07 Bn | 169.19 Bn | 6.22 Bn | 0.53 |
| 9 | Pfizer | 173.33 Bn | 120.28 Bn | 10.94 Bn | 0.31 |
| 10 | Vertex Pharmaceuticals | 135.58 Bn | 107.59 Bn | 2.84 Bn | - |
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 |
API Access
Merck Debt Ratio 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=debt-ratio&ticker=MRK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=MRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();