Merck (MRK) Inventory (2009 - 2026)
Merck's Inventory was $6.21 billion in Q2 2026, down 6.0% from $6.6 billion a year earlier and down 4.2% from the prior quarter.
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Analysis
Merck (MRK) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, Inventory at Merck came in at $6.66 billion, up 9.0% from FY2024.
- Inventory shows a five-year compound annual growth rate of 3.7% (FY2020 to FY2025).
- In earlier years, Inventory was $6.11 billion in FY2024 (-3.9%), $6.36 billion in FY2023 (+7.6%), $5.91 billion in FY2022 (-0.7%) and $5.95 billion in FY2021 (+7.2%).
- The Q2 2026 figure marks the lowest quarterly Inventory since Q1 2025.
- Compared with a year earlier, Inventory was higher in five of the last eight quarters, with growth averaging 0.7%.
- The best year-over-year quarter for Inventory over five years was Q1 2024 (growth of 11.0%); the worst was Q1 2022 (a decline of 9.8%).
- Per Business Quant data, MRK's Inventory in the three quarters before Q2 2026 was $6.48 billion (Q1 2026), $6.66 billion (Q4 2025) and $6.44 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 15.14 Bn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 5.13 Bn |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | 6.21 Bn |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | 6.22 Bn |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | 6.93 Bn |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 6.22 Bn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | 1.95 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 9.95 Bn |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 1.77 Bn |
| 10 | Bristol Myers Squibb | 128.45 Bn | 79.72 Bn | 9.25 Bn | 2.74 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.21 Bn |
| Mar 31, 2026 | 6.48 Bn |
| Dec 31, 2025 | 6.66 Bn |
| Sep 30, 2025 | 6.44 Bn |
| Jun 30, 2025 | 6.60 Bn |
| Mar 31, 2025 | 6.20 Bn |
| Dec 31, 2024 | 6.11 Bn |
| Sep 30, 2024 | 6.24 Bn |
| Jun 30, 2024 | 6.47 Bn |
| Mar 31, 2024 | 6.51 Bn |
| Dec 31, 2023 | 6.36 Bn |
| Sep 30, 2023 | 6.13 Bn |
| Jun 30, 2023 | 5.93 Bn |
| Mar 31, 2023 | 5.86 Bn |
| Dec 31, 2022 | 5.91 Bn |
| Sep 30, 2022 | 5.61 Bn |
| Jun 30, 2022 | 5.54 Bn |
| Mar 31, 2022 | 5.77 Bn |
| Dec 31, 2021 | 5.95 Bn |
| Sep 30, 2021 | 5.60 Bn |
API Access
Merck Inventory 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=inventory&ticker=MRK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=MRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();