Merck (MRK) Enterprise Value (2009 - 2026)
Merck's Enterprise Value was $309.94 billion in Q2 2026, up 63.8% from $189.17 billion a year earlier and up 6.3% from the prior quarter.
Merck (MRK) Enterprise Value (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Merck's Enterprise Value was $271.46 billion through Jun 30, 2026, up 79.0% year-over-year; for FY2025, it came in at $245.73 billion, up 3.4% from FY2024.
- Enterprise Value shows a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $237.66 billion in FY2024 (-11.7%), $269.07 billion in FY2023 (+0.2%), $268.53 billion in FY2022 (+44.6%) and $185.7 billion in FY2021 (-2.0%).
- The Q2 2026 figure marks the highest quarterly Enterprise Value since Q1 2024.
- Compared with a year earlier, Enterprise Value has increased for three straight quarters, with an average decline of 0.4% over the last eight quarters.
- The best year-over-year quarter for Enterprise Value over five years was Q2 2026 (growth of 63.8%); the worst was Q2 2025 (a decline of 37.5%).
- Per Business Quant data, MRK's Enterprise Value in the three quarters before Q2 2026 was $291.45 billion (Q1 2026), $245.73 billion (Q4 2025) and $190.16 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,230.11 Bn | 1,198.70 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 644.39 Bn | 564.25 Bn | 17.30 Bn |
| 3 | AbbVie | 503.52 Bn | 476.68 Bn | 12.70 Bn |
| 4 | Merck | 363.29 Bn | 317.72 Bn | 12.21 Bn |
| 5 | Novartis Ag | 298.23 Bn | 262.62 Bn | 11.24 Bn |
| 6 | Astrazeneca | 267.53 Bn | 241.29 Bn | 12.86 Bn |
| 7 | Amgen | 241.80 Bn | 197.20 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 195.07 Bn | 169.19 Bn | 6.22 Bn |
| 9 | Pfizer | 173.33 Bn | 120.28 Bn | 10.94 Bn |
| 10 | Vertex Pharmaceuticals | 135.58 Bn | 107.59 Bn | 2.84 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 309.94 Bn |
| Mar 31, 2026 | 291.45 Bn |
| Dec 31, 2025 | 245.73 Bn |
| Sep 30, 2025 | 190.16 Bn |
| Jun 30, 2025 | 189.17 Bn |
| Mar 31, 2025 | 216.23 Bn |
| Dec 31, 2024 | 237.66 Bn |
| Sep 30, 2024 | 272.73 Bn |
| Jun 30, 2024 | 302.52 Bn |
| Mar 31, 2024 | 328.64 Bn |
| Dec 31, 2023 | 269.07 Bn |
| Sep 30, 2023 | 252.16 Bn |
| Jun 30, 2023 | 286.48 Bn |
| Mar 31, 2023 | 259.64 Bn |
| Dec 31, 2022 | 268.53 Bn |
| Sep 30, 2022 | 207.17 Bn |
| Jun 30, 2022 | 220.91 Bn |
| Mar 31, 2022 | 198.63 Bn |
| Dec 31, 2021 | 185.70 Bn |
| Sep 30, 2021 | 179.78 Bn |
Merck Enterprise Value 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=enterprise-value&ticker=MRK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=MRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();