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
DateValue
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