Merck (MRK) Debt to Equity (2009 - 2026)
Merck (MRK) reported Debt to Equity of $1.07 for Q1 2026, up 48.71% year-over-year from $0.72 in Q1 2025, and up 14.27% quarter-over-quarter from $0.94 in Q4 2025.
Merck (MRK) Debt to Equity (2009 - 2026) Analysis & Trends
Merck (MRK) has 18 years of Debt to Equity data on file, last reported at $1.07 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $1.07, up 48.71% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.07 (up 48.71% YoY), and the FY2025 annual result was $0.94, up 17.07% from the prior year.
- Debt to Equity advanced to $1.07 in Q1 2026 per MRK's latest filing, from $0.94 in the prior quarter.
- Over five years, Debt to Equity peaked at $1.07 in Q1 2026 and troughed at $0.66 in Q1 2023.
- A 5-year average of $0.82 and a median of $0.8 in 2024 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2026: Debt to Equity plunged 32.83% in 2022, then soared 48.71% in 2026.
- A 5-year view of Debt to Equity shows it stood at $0.67 in 2022, then surged by 39.78% to $0.93 in 2023, then fell by 14.08% to $0.8 in 2024, then grew by 17.07% to $0.94 in 2025, then rose by 14.27% to $1.07 in 2026.
- Business Quant data shows MRK's Debt to Equity at $1.07 in Q1 2026, $0.94 in Q4 2025, and $0.8 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 93,699,046.73 Bn | 93,699,041.77 Bn | 7.76 Bn | - |
| 2 | Eli Lilly | 1,012.06 Bn | 1,006.77 Bn | 16.22 Bn | 1.39 |
| 3 | Johnson & Johnson | 560.67 Bn | 538.62 Bn | 15.96 Bn | 0.68 |
| 4 | AbbVie | 402.20 Bn | 392.85 Bn | 10.78 Bn | -9.70 |
| 5 | Merck | 298.59 Bn | 292.94 Bn | 12.09 Bn | 1.07 |
| 6 | Amgen | 188.77 Bn | 176.74 Bn | 5.87 Bn | 6.24 |
| 7 | Gilead Sciences | 160.22 Bn | 152.49 Bn | 5.52 Bn | 0.94 |
| 8 | Pfizer | 148.19 Bn | 135.42 Bn | -1.21 Bn | 0.72 |
| 9 | Bristol Myers Squibb | 116.72 Bn | 106.26 Bn | 8.07 Bn | 2.22 |
| 10 | Novartis Ag | 109.78 Bn | 109.09 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.07 |
| Dec 31, 2025 | 0.94 |
| Sep 30, 2025 | 0.80 |
| Jun 30, 2025 | 0.72 |
| Mar 31, 2025 | 0.72 |
| Dec 31, 2024 | 0.80 |
| Sep 30, 2024 | 0.86 |
| Jun 30, 2024 | 0.87 |
| Mar 31, 2024 | 0.85 |
| Dec 31, 2023 | 0.93 |
| Sep 30, 2023 | 0.84 |
| Jun 30, 2023 | 0.95 |
| Mar 31, 2023 | 0.66 |
| Dec 31, 2022 | 0.67 |
| Sep 30, 2022 | 0.68 |
| Jun 30, 2022 | 0.73 |
| Mar 31, 2022 | 0.78 |
| Dec 31, 2021 | 0.87 |
| Sep 30, 2021 | 0.74 |
| Jun 30, 2021 | 0.79 |