Merck (MRK) EV to EBITDA (2009 - 2026)
Merck's (MRK) quarterly EV to EBITDA came in at 530.72 in Q2 2026, down 1500.52% year-over-year from 37.89 in Q2 2025, and down 518.41% quarter-over-quarter from 85.82 in Q1 2026.
Analysis
Merck (MRK) EV to EBITDA (2009 - 2026) Analysis & Trends
Merck (MRK) has reported EV to EBITDA for 18 consecutive years, with 530.72 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to EBITDA fell 1500.52% year-over-year to 530.72 in Q2 2026; TTM through Jun 2026 was 30.64, a 209.14% increase from a year earlier, with the FY2025 full-year figure at 11.58, down 2.97% from the prior year.
- EV to EBITDA was 530.72 for Q2 2026 at Merck, down from 85.82 in the prior quarter.
- Over five years, EV to EBITDA peaked at 124.63 in Q4 2023 and troughed at 530.72 in Q2 2026.
- A 5-year average of 8.09 and a median of 44.37 in 2022 frame the typical range for EV to EBITDA.
- Across the five-year window, EV to EBITDA soared 190.15% in 2024 and slumped 1500.52% in 2026, its largest moves.
- Over 5 years, EV to EBITDA stood at 78.11 in 2022, then soared by 59.56% to 124.63 in 2023, then slumped by 55.62% to 55.31 in 2024, then plunged by 41.45% to 32.38 in 2025, then plunged by 1738.81% to 530.72 in 2026.
- The last three EV to EBITDA figures came in at 530.72 (Q2 2026), 85.82 (Q1 2026), and 32.38 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 663.08 Bn | 642.33 Bn | 17.26 Bn |
| 2 | AbbVie | 453.04 Bn | 446.51 Bn | 12.70 Bn |
| 3 | Merck | 370.87 Bn | 363.78 Bn | 12.21 Bn |
| 4 | Novartis Ag | 305.29 Bn | 298.00 Bn | 11.24 Bn |
| 5 | Pfizer | 162.10 Bn | 150.70 Bn | 10.94 Bn |
| 6 | Sanofi | 53.95 Bn | 46.98 Bn | 10.79 Bn |
| 7 | Revolution Medicines | 45.00 Bn | 45.00 Bn | - |
| 8 | BeOne Medicines | 40.49 Bn | 35.39 Bn | 1.53 Bn |
| 9 | Incyte | 25.47 Bn | 20.94 Bn | 1.57 Bn |
| 10 | United Therapeutics | 20.81 Bn | 18.15 Bn | 683.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -530.72 |
| Mar 31, 2026 | -85.82 |
| Dec 31, 2025 | 32.38 |
| Sep 30, 2025 | 29.22 |
| Jun 30, 2025 | 37.89 |
| Mar 31, 2025 | 36.85 |
| Dec 31, 2024 | 55.31 |
| Sep 30, 2024 | 69.43 |
| Jun 30, 2024 | 50.02 |
| Mar 31, 2024 | 58.30 |
| Dec 31, 2023 | 124.63 |
| Sep 30, 2023 | 43.88 |
| Jun 30, 2023 | -55.49 |
| Mar 31, 2023 | 69.44 |
| Dec 31, 2022 | 78.11 |
| Sep 30, 2022 | 51.64 |
| Jun 30, 2022 | 44.85 |
| Mar 31, 2022 | 35.67 |
| Dec 31, 2021 | 51.94 |
| Sep 30, 2021 | 37.33 |