Merck MRK
NYSE MRK
$147.53 -0.93 (-0.63%)
As of: Sep 9, 2026 · 3:59 PM EDT

Merck (MRK) Net Margin (2009 - 2026)

Merck's (MRK) quarterly Net Margin came in at 8.05% in Q2 2026, down 3607.0% year-over-year from 0.23% in Q2 2025, and up 69.1% quarter-over-quarter from 26.05% in Q1 2026.

Analysis

Merck (MRK) Net Margin (2009 - 2026) Analysis & Trends

Merck (MRK) has reported Net Margin for 18 consecutive years, with 8.05% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Margin fell 3607.0% year-over-year to 8.05% in Q2 2026; TTM through Jun 2026 was 4.76%, a 2105.0% decrease from a year earlier, with the FY2025 full-year figure at 28.09%, up 139.0% from the prior year.
  • Net Margin was 8.05% for Q2 2026 at Merck, up from 26.05% in the prior quarter.
  • Over five years, Net Margin peaked at 33.89% in Q2 2024 and troughed at 39.72% in Q2 2023.
  • A 5-year average of 15.79% and a median of 22.89% in 2022 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin slumped 6678 bps in 2023 and jumped 7361 bps in 2024, its largest moves.
  • Over 5 years, Net Margin stood at 21.82% in 2022, then plunged by 138 bps to 8.38% in 2023, then soared by 386 bps to 23.96% in 2024, then retreated by 25 bps to 18.06% in 2025, then slumped by 145 bps to 8.05% in 2026.
  • The last three Net Margin figures came in at 8.05% (Q2 2026), 26.05% (Q1 2026), and 18.06% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Johnson & Johnson 663.08 Bn 642.33 Bn 17.26 Bn 21.86%
2 AbbVie 453.04 Bn 446.51 Bn 12.70 Bn 21.28%
3 Merck 370.87 Bn 363.78 Bn 12.21 Bn -8.05%
4 Novartis Ag 305.29 Bn 298.00 Bn 11.24 Bn 22.65%
5 Pfizer 162.10 Bn 150.70 Bn 10.94 Bn -1.58%
6 Sanofi 53.95 Bn 46.98 Bn 10.79 Bn 2.96%
7 Revolution Medicines 45.00 Bn 45.00 Bn - -
8 Incyte 25.47 Bn 20.94 Bn 1.57 Bn 34.98%
9 United Therapeutics 20.81 Bn 18.15 Bn 683.80 Mn 42.51%
10 Jazz Pharmaceuticals 16.02 Bn 14.40 Bn 1.09 Bn 15.96%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -8.05%
Mar 31, 2026 -26.05%
Dec 31, 2025 18.06%
Sep 30, 2025 33.50%
Jun 30, 2025 28.01%
Mar 31, 2025 32.75%
Dec 31, 2024 23.96%
Sep 30, 2024 18.98%
Jun 30, 2024 33.89%
Mar 31, 2024 30.22%
Dec 31, 2023 -8.38%
Sep 30, 2023 29.76%
Jun 30, 2023 -39.72%
Mar 31, 2023 19.50%
Dec 31, 2022 21.82%
Sep 30, 2022 21.75%
Jun 30, 2022 27.06%
Mar 31, 2022 27.09%
Dec 31, 2021 27.82%
Sep 30, 2021 34.75%