Growth Metrics

Merck (MRK) Invested Capital (2016 - 2025)

Merck (MRK) has disclosed Invested Capital for 17 consecutive years, with $2.6 billion as the latest value for Q4 2025.

  • On a quarterly basis, Invested Capital fell 94.72% to $2.6 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $2.6 billion, a 94.72% decrease, with the full-year FY2025 number at $2.6 billion, down 94.72% from a year prior.
  • Invested Capital was $2.6 billion for Q4 2025 at Merck, down from $53.3 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $53.3 billion in Q3 2025 to a low of $2.6 billion in Q4 2025.
  • A 5-year average of $42.4 billion and a median of $44.9 billion in 2022 define the central range for Invested Capital.
  • Peak YoY movement for Invested Capital: grew 29.05% in 2022, then crashed 94.72% in 2025.
  • Merck's Invested Capital stood at $40.7 billion in 2021, then grew by 18.04% to $48.0 billion in 2022, then dropped by 18.74% to $39.0 billion in 2023, then rose by 25.67% to $49.0 billion in 2024, then plummeted by 94.72% to $2.6 billion in 2025.
  • Per Business Quant, the three most recent readings for MRK's Invested Capital are $2.6 billion (Q4 2025), $53.3 billion (Q3 2025), and $50.5 billion (Q2 2025).