Merck (MRK) Dividend Coverage Ratio (2009 - 2026)
Merck's Dividend Coverage Ratio came in at -0.62 for Q2 2026, compared with 2.13 a year earlier.
Merck (MRK) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Merck reported Dividend Coverage Ratio of 0.38, down 81.3% year-over-year; for FY2025, it came in at 2.23, up 2.3% from FY2024.
- Going back by year, Dividend Coverage Ratio was 2.18 in FY2024, 0.05 in FY2023 (-97.6%), 2.07 in FY2022 (+4.9%) and 1.97 in FY2021 (+73.6%).
- The five-year range for quarterly Dividend Coverage Ratio is -3.17 (Q2 2023) to 2.85 (Q3 2025).
- Year-over-year, Dividend Coverage Ratio increased in two of the last five quarters, with an average decline of 1.0%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q2 2022 (growth of 141.3%), and the weakest in Q1 2023 (a decline of 38.4%).
- Business Quant data shows MRK's Dividend Coverage Ratio at -2.01 (Q1 2026), 1.47 (Q4 2025) and 2.85 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 1.71 |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | - |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | -0.62 |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 1.13 |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 1.74 |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | - |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | -0.10 |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | - |
| 10 | Bristol Myers Squibb | 127.55 Bn | 78.82 Bn | 9.25 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.62 |
| Mar 31, 2026 | -2.01 |
| Dec 31, 2025 | 1.47 |
| Sep 30, 2025 | 2.85 |
| Jun 30, 2025 | 2.13 |
| Mar 31, 2025 | 2.48 |
| Dec 31, 2024 | 1.92 |
| Sep 30, 2024 | 1.62 |
| Jun 30, 2024 | 2.75 |
| Mar 31, 2024 | 2.44 |
| Dec 31, 2023 | -0.66 |
| Sep 30, 2023 | 2.56 |
| Jun 30, 2023 | -3.17 |
| Mar 31, 2023 | 1.52 |
| Dec 31, 2022 | 1.72 |
| Sep 30, 2022 | 1.86 |
| Jun 30, 2022 | 2.23 |
| Mar 31, 2022 | 2.47 |
| Dec 31, 2021 | 2.29 |
| Sep 30, 2021 | 2.77 |
Merck Dividend Coverage 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=dividend-coverage-ratio&ticker=MRK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=MRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();