Merck (MRK) EBT Margin (2009 - 2026)

Merck (MRK) posted quarterly EBT Margin of 21.49% for Q1 2026, down 5950.0% YoY from 0.37% in Q1 2025, and down 203.06% sequentially from 20.85% in Q4 2025.

Merck (MRK) EBT Margin (2009 - 2026) Analysis & Trends

Merck has disclosed EBT Margin across 18 years of filings, most recently posting 21.49% for Q1 2026.

  • In Q1 2026, EBT Margin fell 5950.0% year-over-year to 21.49%; the TTM figure through Mar 2026 stood at 17.74% (down 1382.0% YoY), while the FY2025 annual figure was 32.41%, up 134.0% from the prior year.
  • EBT Margin eased to 21.49% in Q1 2026, from 20.85% in the prior quarter.
  • Over the last five years, EBT Margin for MRK reached as high as 39.04% in Q3 2025 and fell as low as 35.25% in Q2 2023.
  • The 5-year median for EBT Margin is 26.69% (2024), against an average of 20.84%.
  • Annual changes were most pronounced in 2023 — EBT Margin sank 6600 bps — and 2024, when it jumped 7253 bps.
  • A 5-year view of EBT Margin shows it stood at 25.4% in 2022, then sank by 155 bps to 13.98% in 2023, then jumped by 291 bps to 26.69% in 2024, then decreased by 22 bps to 20.85% in 2025, then tumbled by 203 bps to 21.49% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 21.49%, 20.85%, and 39.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 44.70%
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 24.89%
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 6.93%
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 27.21%
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn -21.49%
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 24.18%
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 37.07%
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 135.53%
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 15.24%

Historic Data

Download Data
DateValue
Mar 31, 2026 -21.49%
Dec 31, 2025 20.85%
Sep 30, 2025 39.04%
Jun 30, 2025 31.63%
Mar 31, 2025 38.01%
Dec 31, 2024 26.69%
Sep 30, 2024 24.55%
Jun 30, 2024 37.28%
Mar 31, 2024 35.94%
Dec 31, 2023 -13.98%
Sep 30, 2023 35.21%
Jun 30, 2023 -35.25%
Mar 31, 2023 25.20%
Dec 31, 2022 25.40%
Sep 30, 2022 23.95%
Jun 30, 2022 30.75%
Mar 31, 2022 30.57%
Dec 31, 2021 28.91%
Sep 30, 2021 40.03%
Jun 30, 2021 15.06%