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
DateValue
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