Merck MRK
NYSE MRK
$152.36 +3.37 (+2.26%)
As of: Aug 21, 2026 · 2:02 PM EDT

Merck (MRK) Debt Ratio (2009 - 2026)

Merck (MRK) posted quarterly Debt Ratio of 0.38 for Q1 2026, up 26.11% year-over-year from 0.3 in Q1 2025, and up 5.88% quarter-over-quarter from 0.36 in Q4 2025.

Merck (MRK) Debt Ratio (2009 - 2026) Analysis & Trends

Merck (MRK) has reported Debt Ratio for 18 consecutive years, with 0.38 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Debt Ratio rose 26.11% year-over-year to 0.38; the TTM figure through Mar 2026 stood at 0.38 (up 26.11% YoY), while the FY2025 annual figure was 0.36, up 13.76% from the prior year.
  • Debt Ratio rose to 0.38 in Q1 2026 per MRK's latest filing, from 0.36 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.38 in Q1 2026 and bottomed at 0.28 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.32 across 5 years, with a median of 0.32 in 2025.
  • Annual changes were most pronounced in 2022 — Debt Ratio retreated 13.36% — and 2026, when it grew 26.11%.
  • Merck's Debt Ratio stood at 0.28 in 2022, then climbed by 16.88% to 0.33 in 2023, then dropped by 3.56% to 0.32 in 2024, then rose by 13.76% to 0.36 in 2025, then increased by 5.88% to 0.38 in 2026.
  • Business Quant data shows MRK's Debt Ratio at 0.38 in Q1 2026, 0.36 in Q4 2025, and 0.32 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Johnson & Johnson 652.53 Bn 631.77 Bn 17.26 Bn 0.24
2 AbbVie 469.73 Bn 463.16 Bn 12.70 Bn 0.52
3 Merck 376.02 Bn 368.88 Bn 12.21 Bn 0.42
4 Novartis Ag 303.27 Bn 295.58 Bn 11.24 Bn 0.08
5 Astrazeneca 257.79 Bn 252.89 Bn 12.86 Bn 0.25
6 Amgen 236.51 Bn 222.53 Bn 7.24 Bn 0.66
7 Gilead Sciences 182.32 Bn 179.14 Bn 6.22 Bn 0.58
8 Pfizer 159.52 Bn 147.82 Bn 10.94 Bn 0.31
9 Gsk 106.18 Bn 102.01 Bn 8.24 Bn -0.31
10 Sanofi 55.17 Bn 47.79 Bn 10.79 Bn 0.17

Historic Data

Download Data
DateValue
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