Merck (MRK) EV to EBIT (2009 - 2026)
Merck's (MRK) EV to EBIT stood at 48.59 in Q2 2026, up 390.2% from 9.91 a year earlier and up 99.3% from the prior quarter.
Merck (MRK) EV to EBIT (2009 - 2026) Analysis & Trends
On a TTM basis, Merck's EV to EBIT came in at 42.56 as of Jun 30, 2026, up 435.5% year-over-year; for FY2025, it was 11.58, down 3.0% from FY2024.
- Across earlier years, EV to EBIT came in at 11.94 in FY2024 (+21.5%), 9.83 in FY2023 (-34.3%), 14.96 in FY2022 (+1.0%) and 14.81 in FY2021 (-61.1%).
- The Q2 2026 figure is the highest quarterly EV to EBIT since Q2 2021.
- On a year-over-year basis, EV to EBIT rose in two of the last eight quarters, with growth averaging 29.9%.
- Peak year-over-year performance for EV to EBIT in the last five years was growth of 390.2% in Q2 2026, against a decline of 76.8% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 24.38 (Q1 2026), 11.58 (Q4 2025) and 8.78 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 653.54 Bn | 572.07 Bn | 17.26 Bn |
| 2 | AbbVie | 467.01 Bn | 440.17 Bn | 12.70 Bn |
| 3 | Merck | 367.16 Bn | 321.59 Bn | 12.21 Bn |
| 4 | Novartis Ag | 277.56 Bn | 233.43 Bn | 11.24 Bn |
| 5 | Astrazeneca | 258.23 Bn | 231.79 Bn | 12.86 Bn |
| 6 | Amgen | 224.14 Bn | 179.54 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 187.30 Bn | 161.42 Bn | 6.22 Bn |
| 8 | Pfizer | 163.47 Bn | 110.41 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.31 Bn | 105.31 Bn | 2.84 Bn |
| 10 | Bristol Myers Squibb | 128.45 Bn | 79.72 Bn | 9.25 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.59 |
| Mar 31, 2026 | 24.38 |
| Dec 31, 2025 | 11.58 |
| Sep 30, 2025 | 8.78 |
| Jun 30, 2025 | 9.91 |
| Mar 31, 2025 | 10.74 |
| Dec 31, 2024 | 11.94 |
| Sep 30, 2024 | 15.35 |
| Jun 30, 2024 | 15.44 |
| Mar 31, 2024 | 39.22 |
| Dec 31, 2023 | 41.52 |
| Sep 30, 2023 | 32.49 |
| Jun 30, 2023 | 47.54 |
| Mar 31, 2023 | 16.11 |
| Dec 31, 2022 | 14.96 |
| Sep 30, 2022 | 11.46 |
| Jun 30, 2022 | 11.70 |
| Mar 31, 2022 | 12.75 |
| Dec 31, 2021 | 14.81 |
| Sep 30, 2021 | 29.17 |
Merck EV to EBIT 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=ev-to-ebit&ticker=MRK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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=ev-to-ebit&ticker=MRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();