Merck MRK
NYSE MRK
$144.70 -2.83 (-1.92%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

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