Growth Metrics

Merck (MRK) Net Margin (2016 - 2025)

Merck (MRK) has disclosed Net Margin for 16 consecutive years, with 18.07% as the latest value for Q4 2025.

  • On a quarterly basis, Net Margin fell 590.0% to 18.07% in Q4 2025 year-over-year; TTM through Dec 2025 was 28.09%, a 139.0% increase, with the full-year FY2025 number at 28.09%, up 139.0% from a year prior.
  • Net Margin was 18.07% for Q4 2025 at Merck, down from 33.5% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 33.89% in Q2 2024 to a low of 39.74% in Q2 2023.
  • A 4-year average of 15.16% and a median of 19.5% in 2023 define the central range for Net Margin.
  • Peak YoY movement for Net Margin: plummeted -2261bps in 2021, then skyrocketed 7363bps in 2024.
  • Merck's Net Margin stood at 0.44% in 2021, then crashed by -1761bps to 8.12% in 2023, then surged by 395bps to 23.96% in 2024, then dropped by -25bps to 18.07% in 2025.
  • Per Business Quant, the three most recent readings for MRK's Net Margin are 18.07% (Q4 2025), 33.5% (Q3 2025), and 28.01% (Q2 2025).