Merck (MRK) Invested Capital (2009 - 2026)
Merck (MRK) reported Invested Capital of $48.3 billion for Q1 2026, down 2.89% year-over-year from $49.8 billion in Q1 2025, and down 12.54% quarter-over-quarter from $55.3 billion in Q4 2025.
Merck (MRK) Invested Capital (2009 - 2026) Analysis & Trends
Merck (MRK) has 18 years of Invested Capital data on file, last reported at $48.3 billion in Q1 2026.
- Invested Capital for Q1 2026 came in at $48.3 billion, down 2.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $48.3 billion (down 2.89% YoY), and the FY2025 annual result was $55.3 billion, up 12.71% from the prior year.
- Invested Capital fell to $48.3 billion in Q1 2026 per MRK's latest filing, from $55.3 billion in the prior quarter.
- Over five years, Invested Capital peaked at $55.3 billion in Q4 2025 and troughed at $39.0 billion in Q4 2023.
- A 5-year average of $47.0 billion and a median of $47.7 billion in 2024 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2022 and 2023: Invested Capital grew 29.05% in 2022, then slipped 18.74% in 2023.
- A 5-year view of Invested Capital shows it stood at $48.0 billion in 2022, then fell by 18.74% to $39.0 billion in 2023, then increased by 25.67% to $49.0 billion in 2024, then gained by 12.71% to $55.3 billion in 2025, then slipped by 12.54% to $48.3 billion in 2026.
- Business Quant data shows MRK's Invested Capital at $48.3 billion in Q1 2026, $55.3 billion in Q4 2025, and $53.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | - |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 72.79 Bn |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 98.65 Bn |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | -6.66 Bn |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | 48.32 Bn |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 66.51 Bn |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 45.69 Bn |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | 90.96 Bn |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 64.21 Bn |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.32 Bn |
| Dec 31, 2025 | 55.25 Bn |
| Sep 30, 2025 | 53.26 Bn |
| Jun 30, 2025 | 50.49 Bn |
| Mar 31, 2025 | 49.76 Bn |
| Dec 31, 2024 | 49.02 Bn |
| Sep 30, 2024 | 47.71 Bn |
| Jun 30, 2024 | 46.72 Bn |
| Mar 31, 2024 | 43.50 Bn |
| Dec 31, 2023 | 39.01 Bn |
| Sep 30, 2023 | 42.19 Bn |
| Jun 30, 2023 | 41.58 Bn |
| Mar 31, 2023 | 49.58 Bn |
| Dec 31, 2022 | 48.00 Bn |
| Sep 30, 2022 | 46.46 Bn |
| Jun 30, 2022 | 46.30 Bn |
| Mar 31, 2022 | 42.16 Bn |
| Dec 31, 2021 | 40.67 Bn |
| Sep 30, 2021 | 39.40 Bn |
| Jun 30, 2021 | 35.88 Bn |