Merck (MRK) FCF Payout Ratio (2009 - 2026)
Merck (MRK) posted quarterly FCF Payout Ratio of 0.72 for Q1 2026, down 58.88% year-over-year from 1.75 in Q1 2025, and down 35.0% quarter-over-quarter from 1.11 in Q4 2025.
Merck (MRK) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Merck (MRK) has reported FCF Payout Ratio for 18 consecutive years, with 0.72 the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Payout Ratio fell 58.88% year-over-year to 0.72; the TTM figure through Mar 2026 stood at 0.58 (up 25.14% YoY), while the FY2025 annual figure was 0.66, up 52.68% from the prior year.
- FCF Payout Ratio retreated to 0.72 in Q1 2026 per MRK's latest filing, from 1.11 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 5.58 in Q1 2023 and bottomed at 2.49 in Q4 2023.
- Historically, FCF Payout Ratio has averaged 0.76 across 5 years, with a median of 0.56 in 2022.
- On a YoY basis, FCF Payout Ratio climbed as much as 1108.06% in 2023 and fell as far as 567.33% in 2023.
- Merck's FCF Payout Ratio stood at 0.53 in 2022, then tumbled by 567.33% to 2.49 in 2023, then jumped by 131.15% to 0.78 in 2024, then jumped by 42.51% to 1.11 in 2025, then sank by 35.0% to 0.72 in 2026.
- Business Quant data shows MRK's FCF Payout Ratio at 0.72 in Q1 2026, 1.11 in Q4 2025, and 0.3 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 652.20 Bn | 631.44 Bn | 17.26 Bn | 0.44 |
| 2 | AbbVie | 469.51 Bn | 462.94 Bn | 12.70 Bn | 0.99 |
| 3 | Merck | 376.81 Bn | 369.67 Bn | 12.21 Bn | 0.48 |
| 4 | Novartis Ag | 303.04 Bn | 295.35 Bn | 11.24 Bn | 0.52 |
| 5 | Astrazeneca | 257.61 Bn | 252.71 Bn | 12.86 Bn | -3.54 |
| 6 | Amgen | 237.37 Bn | 223.38 Bn | 7.24 Bn | 0.39 |
| 7 | Gilead Sciences | 181.73 Bn | 178.55 Bn | 6.22 Bn | 0.30 |
| 8 | Pfizer | 159.66 Bn | 147.96 Bn | 10.94 Bn | 8.12 |
| 9 | Gsk | 106.24 Bn | 102.07 Bn | 8.24 Bn | - |
| 10 | Sanofi | 55.07 Bn | 47.69 Bn | 10.79 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.48 |
| Mar 31, 2026 | 0.72 |
| Dec 31, 2025 | 1.11 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.82 |
| Mar 31, 2025 | 1.75 |
| Dec 31, 2024 | 0.78 |
| Sep 30, 2024 | 0.23 |
| Jun 30, 2024 | 0.41 |
| Mar 31, 2024 | 0.87 |
| Dec 31, 2023 | -2.49 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.69 |
| Mar 31, 2023 | 5.58 |
| Dec 31, 2022 | 0.53 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.56 |
| Mar 31, 2022 | 0.46 |
| Dec 31, 2021 | 0.42 |
| Sep 30, 2021 | 0.45 |