Merck (MRK) Net Margin (2009 - 2026)
Merck (MRK) reported Net Margin of 25.84% for Q1 2026, down 5859.0% year-over-year from 0.45% in Q1 2025, and down 243.09% quarter-over-quarter from 18.06% in Q4 2025.
Merck (MRK) Net Margin (2009 - 2026) Analysis & Trends
Merck (MRK) has 17 years of Net Margin data on file, last reported at 25.84% in Q1 2026.
- Net Margin for Q1 2026 came in at 25.84%, down 5859.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.64% (down 1366.0% YoY), and the FY2025 annual result was 28.09%, up 139.0% from the prior year.
- Net Margin declined to 25.84% in Q1 2026 per MRK's latest filing, from 18.06% in the prior quarter.
- Over five years, Net Margin peaked at 33.89% in Q2 2024 and troughed at 39.49% in Q2 2023.
- A 4-year average of 14.99% and a median of 23.96% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2024 and 2026: Net Margin surged 7338 bps in 2024, then tumbled 5859 bps in 2026.
- A 4-year view of Net Margin shows it stood at 8.38% in 2023, then jumped by 386 bps to 23.96% in 2024, then decreased by 25 bps to 18.06% in 2025, then tumbled by 243 bps to 25.84% in 2026.
- Business Quant data shows MRK's Net Margin at 25.84% in Q1 2026, 18.06% in Q4 2025, and 33.5% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | 22.77% |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 37.36% |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 21.76% |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | 4.65% |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | -25.84% |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 21.11% |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 29.04% |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | -0.56% |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 23.32% |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -25.84% |
| 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 | -39.49% |
| Mar 31, 2023 | 19.50% |
| Dec 31, 2021 | -0.46% |
| Jun 30, 2021 | 2.91% |
| Mar 31, 2021 | 4.11% |
| Dec 31, 2020 | 4.78% |
| Sep 30, 2020 | 5.65% |
| Jun 30, 2020 | 7.07% |
| Mar 31, 2020 | 26.70% |