Merck (MRK) Enterprise Value (2009 - 2026)

Merck (MRK) posted quarterly Enterprise Value of -$5.6 billion for Q1 2026, up 38.35% YoY from -$4.1 billion in Q1 2025, and up 61.07% sequentially from -$14.5 billion in Q4 2025.

Merck (MRK) Enterprise Value (2009 - 2026) Analysis & Trends

Merck has disclosed Enterprise Value across 18 years of filings, most recently posting -$5.6 billion for Q1 2026.

  • In Q1 2026, Enterprise Value rose 38.35% year-over-year to -$5.6 billion; the TTM figure through Mar 2026 stood at -$5.6 billion (up 38.35% YoY), while the FY2025 annual figure was -$14.5 billion, down 6.45% from the prior year.
  • Enterprise Value grew to -$5.6 billion in Q1 2026, from -$14.5 billion in the prior quarter.
  • Over the last five years, Enterprise Value for MRK reached as high as -$5.6 billion in Q1 2024 and fell as low as -$18.2 billion in Q3 2025.
  • The 5-year median for Enterprise Value is -$10.1 billion (2022), against an average of -$10.4 billion.
  • Annual changes were most pronounced in 2023 — Enterprise Value jumped 46.37% — and 2024, when it plunged 93.64%.
  • A 5-year view of Enterprise Value shows it stood at -$13.1 billion in 2022, then soared by 46.37% to -$7.0 billion in 2023, then sank by 93.64% to -$13.6 billion in 2024, then fell by 6.45% to -$14.5 billion in 2025, then soared by 61.07% to -$5.6 billion in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$5.6 billion, -$14.5 billion, and -$18.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn -5.28 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn -22.05 Bn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn -9.35 Bn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn -7.89 Bn
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn -5.65 Bn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn -12.04 Bn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn -7.73 Bn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn -12.77 Bn
9 Novartis Ag 113.45 Bn 113.67 Bn - 315.00 Mn
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn -4.28 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -5.65 Bn
Dec 31, 2025 -14.51 Bn
Sep 30, 2025 -18.16 Bn
Jun 30, 2025 -8.56 Bn
Mar 31, 2025 -9.16 Bn
Dec 31, 2024 -13.63 Bn
Sep 30, 2024 -14.54 Bn
Jun 30, 2024 -11.29 Bn
Mar 31, 2024 -5.56 Bn
Dec 31, 2023 -7.04 Bn
Sep 30, 2023 -8.72 Bn
Jun 30, 2023 -6.33 Bn
Mar 31, 2023 -10.32 Bn
Dec 31, 2022 -13.13 Bn
Sep 30, 2022 -11.18 Bn
Jun 30, 2022 -10.05 Bn
Mar 31, 2022 -8.86 Bn
Dec 31, 2021 -8.02 Bn
Sep 30, 2021 -9.95 Bn
Jun 30, 2021 -8.48 Bn