Merck (MRK) Non-Current Debt (2009 - 2026)
Merck's (MRK) quarterly Non-Current Debt came in at $51.1 billion in Q2 2026, up 50.38% year-over-year from $34.0 billion in Q2 2025, and up 9.44% quarter-over-quarter from $46.7 billion in Q1 2026.
Analysis
Merck (MRK) Non-Current Debt (2009 - 2026) Analysis & Trends
Merck (MRK) has reported Non-Current Debt for 18 consecutive years, with $51.1 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Non-Current Debt rose 50.38% year-over-year to $51.1 billion in Q2 2026; TTM through Jun 2026 was $51.1 billion, a 50.38% increase from a year earlier, with the FY2025 full-year figure at $46.8 billion, up 35.66% from the prior year.
- Non-Current Debt was $51.1 billion for Q2 2026 at Merck, up from $46.7 billion in the prior quarter.
- Over five years, Non-Current Debt peaked at $51.1 billion in Q2 2026 and troughed at $28.1 billion in Q1 2023.
- A 5-year average of $35.2 billion and a median of $34.0 billion in 2023 frame the typical range for Non-Current Debt.
- Across the five-year window, Non-Current Debt declined 8.21% in 2023 and surged 50.38% in 2026, its largest moves.
- Over 5 years, Non-Current Debt stood at $28.7 billion in 2022, then gained by 17.18% to $33.7 billion in 2023, then climbed by 2.31% to $34.5 billion in 2024, then soared by 35.66% to $46.8 billion in 2025, then climbed by 9.26% to $51.1 billion in 2026.
- The last three Non-Current Debt figures came in at $51.1 billion (Q2 2026), $46.7 billion (Q1 2026), and $46.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 663.08 Bn | 642.33 Bn | 17.26 Bn | 37.34 Bn |
| 2 | AbbVie | 453.04 Bn | 446.51 Bn | 12.70 Bn | 62.48 Bn |
| 3 | Merck | 370.87 Bn | 363.78 Bn | 12.21 Bn | 51.08 Bn |
| 4 | Novartis Ag | 305.29 Bn | 298.00 Bn | 11.24 Bn | - |
| 5 | Pfizer | 162.10 Bn | 150.70 Bn | 10.94 Bn | 60.50 Bn |
| 6 | Sanofi | 53.95 Bn | 46.98 Bn | 10.79 Bn | 17.02 Bn |
| 7 | Revolution Medicines | 45.00 Bn | 45.00 Bn | - | - |
| 8 | Incyte | 25.47 Bn | 20.94 Bn | 1.57 Bn | - |
| 9 | United Therapeutics | 20.81 Bn | 18.15 Bn | 683.80 Mn | - |
| 10 | Jazz Pharmaceuticals | 16.02 Bn | 14.40 Bn | 1.09 Bn | 4.35 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.08 Bn |
| 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 |