Merck (MRK) Non-Current Debt (2009 - 2026)
Merck (MRK) posted quarterly Non-Current Debt of $46.7 billion for Q1 2026, up 39.39% YoY from $33.5 billion in Q1 2025, and little changed sequentially from $46.8 billion in Q4 2025.
Merck (MRK) Non-Current Debt (2009 - 2026) Analysis & Trends
Merck has disclosed Non-Current Debt across 18 years of filings, most recently posting $46.7 billion for Q1 2026.
- In Q1 2026, Non-Current Debt rose 39.39% year-over-year to $46.7 billion; the TTM figure through Mar 2026 stood at $46.7 billion (up 39.39% YoY), while the FY2025 annual figure was $46.8 billion, up 35.66% from the prior year.
- Non-Current Debt held at $46.7 billion in Q1 2026, from $46.8 billion in the prior quarter.
- Over the last five years, Non-Current Debt for MRK reached as high as $46.8 billion in Q4 2025 and fell as low as $28.1 billion in Q1 2023.
- The 5-year median for Non-Current Debt is $34.0 billion (2025), against an average of $34.3 billion.
- Annual changes were most pronounced in 2023 — Non-Current Debt fell 8.21% — and 2026, when it jumped 39.39%.
- A 5-year view of Non-Current Debt shows it stood at $28.7 billion in 2022, then advanced by 17.18% to $33.7 billion in 2023, then grew by 2.31% to $34.5 billion in 2024, then jumped by 35.66% to $46.8 billion in 2025, then dropped by 0.16% to $46.7 billion in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $46.7 billion, $46.8 billion, and $40.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 39.37 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 37.53 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 64.53 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | -24.45 Bn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 46.67 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 51.89 Bn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 20.86 Bn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 60.57 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.67 Bn |
| Dec 31, 2025 | 46.75 Bn |
| Sep 30, 2025 | 39.97 Bn |
| Jun 30, 2025 | 33.97 Bn |
| Mar 31, 2025 | 33.48 Bn |
| Dec 31, 2024 | 34.46 Bn |
| Sep 30, 2024 | 34.98 Bn |
| Jun 30, 2024 | 34.72 Bn |
| Mar 31, 2024 | 31.14 Bn |
| Dec 31, 2023 | 33.68 Bn |
| Sep 30, 2023 | 33.97 Bn |
| Jun 30, 2023 | 34.07 Bn |
| Mar 31, 2023 | 28.07 Bn |
| Dec 31, 2022 | 28.75 Bn |
| Sep 30, 2022 | 28.48 Bn |
| Jun 30, 2022 | 28.68 Bn |
| Mar 31, 2022 | 30.59 Bn |
| Dec 31, 2021 | 30.69 Bn |
| Sep 30, 2021 | 22.91 Bn |
| Jun 30, 2021 | 24.03 Bn |