Merck (MRK) FCF Payout Ratio (2009 - 2026)
Merck (MRK) reported 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 18 years of FCF Payout Ratio data on file, last reported at 0.72 in Q1 2026.
- FCF Payout Ratio for Q1 2026 came in at 0.72, down 58.88% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.58 (up 25.14% YoY), and the FY2025 annual result was 0.66, up 52.68% from the prior year.
- FCF Payout Ratio eased to 0.72 in Q1 2026 per MRK's latest filing, from 1.11 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 5.58 in Q1 2023 and troughed at 2.49 in Q4 2023.
- A 5-year average of 0.76 and a median of 0.56 in 2022 frame the typical range for FCF Payout Ratio.
- On a YoY basis, FCF Payout Ratio climbed as much as 1108.06% in 2023 and fell as far as 567.33% in 2023.
- A 5-year view of FCF Payout Ratio shows it stood at 0.53 in 2022, then slumped by 567.33% to 2.49 in 2023, then soared by 131.15% to 0.78 in 2024, then soared by 42.51% to 1.11 in 2025, then plunged 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | -0.41 |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 0.51 |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 2.14 |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | 0.87 |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | 0.72 |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 0.92 |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 0.43 |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | 1.12 |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 1.69 |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.67 |