Merck (MRK) Other Working Capital Changes (2009 - 2026)
Merck (MRK) reported Other Working Capital Changes of $1.6 billion for Q1 2026, down 56.55% year-over-year from $3.7 billion in Q1 2025, and up 219.48% on a QoQ basis from -$1.4 billion in Q4 2025.
Merck (MRK) has 18 years of Other Working Capital Changes data on file, last reported at $1.6 billion in Q1 2026.
- Quarterly Other Working Capital Changes fell 56.55% year-over-year to $1.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (down 30.81% YoY) and the FY2025 annual result came in at $3.3 billion, up 133.55% from the prior year.
- Other Working Capital Changes rose to $1.6 billion in Q1 2026 per MRK's latest filing, from -$1.4 billion in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $3.7 billion in Q1 2025 and bottomed at -$2.6 billion in Q3 2024.
- The 5-year median for Other Working Capital Changes is $1.0 billion (2024), against an average of $595.5 million.
- The widest annual swing landed in 2024, when Other Working Capital Changes plunged 1031.43%; it then surged 123.22% in 2025.
- Tracing MRK's Other Working Capital Changes over 5 years: stood at -$962.0 million in 2022, then jumped by 96.36% to -$35.0 million in 2023, then sank by 1031.43% to -$396.0 million in 2024, then tumbled by 240.91% to -$1.4 billion in 2025, then soared by 219.48% to $1.6 billion in 2026.
- Per Business Quant, the three latest MRK Other Working Capital Changes figures stand at $1.6 billion (Q1 2026), -$1.4 billion (Q4 2025), and -$1.3 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Novartis Ag | 107,124,802.25 Bn | 107,124,802.25 Bn | - |
| 2 | Eli Lilly | 969.00 Bn | 963.72 Bn | 16.22 Bn |
| 3 | Johnson & Johnson | 539.46 Bn | 517.41 Bn | 15.96 Bn |
| 4 | AbbVie | 376.92 Bn | 367.57 Bn | 10.78 Bn |
| 5 | Merck | 285.00 Bn | 279.35 Bn | 12.09 Bn |
| 6 | Amgen | 177.58 Bn | 165.55 Bn | 5.87 Bn |
| 7 | Gilead Sciences | 163.22 Bn | 155.50 Bn | 5.52 Bn |
| 8 | Pfizer | 145.86 Bn | 133.09 Bn | -1.21 Bn |
| 9 | Bristol Myers Squibb | 111.90 Bn | 101.44 Bn | 8.07 Bn |
| 10 | Gsk | 88.34 Bn | 83.66 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.61 Bn |
| Mar 31, 2026 | 1.61 Bn |
| Dec 31, 2025 | -1.35 Bn |
| Dec 31, 2025 | -1.35 Bn |
| Sep 30, 2025 | -1.31 Bn |
| Sep 30, 2025 | -1.31 Bn |
| Jun 30, 2025 | 2.26 Bn |
| Jun 30, 2025 | 2.26 Bn |
| Mar 31, 2025 | 3.71 Bn |
| Mar 31, 2025 | 3.71 Bn |
| Dec 31, 2024 | -396.00 Mn |
| Dec 31, 2024 | -396.00 Mn |
| Sep 30, 2024 | -2.58 Bn |
| Sep 30, 2024 | -2.58 Bn |
| Jun 30, 2024 | 1.01 Bn |
| Jun 30, 2024 | 1.01 Bn |
| Mar 31, 2024 | 3.38 Bn |
| Mar 31, 2024 | 3.38 Bn |
| Dec 31, 2023 | -35.00 Mn |
| Dec 31, 2023 | -35.00 Mn |
| Sep 30, 2023 | -2.18 Bn |
| Sep 30, 2023 | -2.18 Bn |
| Jun 30, 2023 | 1.64 Bn |
| Jun 30, 2023 | 1.64 Bn |
| Mar 31, 2023 | 2.89 Bn |
| Mar 31, 2023 | 2.89 Bn |
| Dec 31, 2022 | -962.00 Mn |
| Dec 31, 2022 | -962.00 Mn |
| Sep 30, 2022 | -263.00 Mn |
| Sep 30, 2022 | -263.00 Mn |
| Jun 30, 2022 | 1.40 Bn |
| Jun 30, 2022 | 1.40 Bn |
| Mar 31, 2022 | 1.30 Bn |
| Mar 31, 2022 | 1.30 Bn |
| Dec 31, 2021 | -2.04 Bn |
| Dec 31, 2021 | -2.04 Bn |
| Sep 30, 2021 | 139.00 Mn |
| Sep 30, 2021 | 139.00 Mn |
| Jun 30, 2021 | 1.46 Bn |
| Jun 30, 2021 | 1.46 Bn |
| Mar 31, 2021 | 2.19 Bn |
| Mar 31, 2021 | 2.19 Bn |
| Dec 31, 2020 | -3.05 Bn |
| Dec 31, 2020 | -3.05 Bn |
| Sep 30, 2020 | 1.37 Bn |
| Sep 30, 2020 | 1.37 Bn |
| Jun 30, 2020 | 446.00 Mn |
| Jun 30, 2020 | 446.00 Mn |
| Mar 31, 2020 | 3.67 Bn |
| Mar 31, 2020 | 3.67 Bn |
| Dec 31, 2019 | -3.54 Bn |
| Dec 31, 2019 | -3.54 Bn |
| Sep 30, 2019 | 91.00 Mn |
| Sep 30, 2019 | 91.00 Mn |
| Jun 30, 2019 | 443.00 Mn |
| Jun 30, 2019 | 443.00 Mn |
| Mar 31, 2019 | 2.94 Bn |
| Mar 31, 2019 | 2.94 Bn |
| Dec 31, 2018 | -1.36 Bn |
| Dec 31, 2018 | -1.36 Bn |
| Sep 30, 2018 | 760.00 Mn |
| Sep 30, 2018 | 760.00 Mn |
| Jun 30, 2018 | -199.00 Mn |
| Jun 30, 2018 | -199.00 Mn |
| Mar 31, 2018 | 1.47 Bn |
| Mar 31, 2018 | 1.47 Bn |
| Dec 31, 2017 | -4.17 Bn |
| Dec 31, 2017 | -4.17 Bn |
| Sep 30, 2017 | 2.92 Bn |
| Sep 30, 2017 | 2.92 Bn |
| Jun 30, 2017 | -198.00 Mn |
| Jun 30, 2017 | -198.00 Mn |
| Mar 31, 2017 | 2.54 Bn |
| Mar 31, 2017 | 2.54 Bn |
| Dec 31, 2016 | -3.24 Bn |
| Dec 31, 2016 | -3.24 Bn |
| Sep 30, 2016 | 564.00 Mn |
| Sep 30, 2016 | 564.00 Mn |
| Jun 30, 2016 | 1.56 Bn |
| Jun 30, 2016 | 1.56 Bn |
| Mar 31, 2016 | 875.00 Mn |
| Mar 31, 2016 | 875.00 Mn |
| Dec 31, 2015 | -782.00 Mn |
| Dec 31, 2015 | -782.00 Mn |
| Sep 30, 2015 | -223.00 Mn |
| Sep 30, 2015 | -223.00 Mn |
| Jun 30, 2015 | 392.00 Mn |
| Jun 30, 2015 | 392.00 Mn |
| Mar 31, 2015 | 618.00 Mn |
| Mar 31, 2015 | 618.00 Mn |
| Dec 31, 2014 | 1.05 Bn |
| Dec 31, 2014 | 1.05 Bn |
| Sep 30, 2014 | -2.07 Bn |
| Sep 30, 2014 | -2.07 Bn |
| Jun 30, 2014 | 415.00 Mn |
| Jun 30, 2014 | 415.00 Mn |
| Mar 31, 2014 | 703.00 Mn |
| Mar 31, 2014 | 703.00 Mn |
| Dec 31, 2013 | -1.06 Bn |
| Dec 31, 2013 | -1.06 Bn |
| Sep 30, 2013 | -1.32 Bn |
| Sep 30, 2013 | -1.32 Bn |
| Jun 30, 2013 | 636.00 Mn |
| Jun 30, 2013 | 636.00 Mn |
| Mar 31, 2013 | 1.17 Bn |
| Mar 31, 2013 | 1.17 Bn |
| Dec 31, 2012 | -1.14 Bn |
| Dec 31, 2012 | -1.14 Bn |
| Sep 30, 2012 | 282.00 Mn |
| Sep 30, 2012 | 282.00 Mn |
| Jun 30, 2012 | 585.00 Mn |
| Jun 30, 2012 | 585.00 Mn |
| Mar 31, 2012 | 1.47 Bn |
| Mar 31, 2012 | 1.47 Bn |
| Dec 31, 2011 | -402.00 Mn |
| Dec 31, 2011 | -402.00 Mn |
| Sep 30, 2011 | -821.00 Mn |
| Sep 30, 2011 | -821.00 Mn |
| Jun 30, 2011 | 418.00 Mn |
| Jun 30, 2011 | 418.00 Mn |
| Mar 31, 2011 | 1.07 Bn |
| Mar 31, 2011 | 1.07 Bn |
| Dec 31, 2010 | 942.00 Mn |
| Dec 31, 2010 | 942.00 Mn |
| Sep 30, 2010 | -787.00 Mn |
| Sep 30, 2010 | -787.00 Mn |
| Jun 30, 2010 | -1.06 Bn |
| Jun 30, 2010 | -1.06 Bn |
| Mar 31, 2010 | 1.06 Bn |
| Mar 31, 2010 | 1.06 Bn |
| Dec 31, 2009 | -5.29 Bn |
| Dec 31, 2009 | -5.29 Bn |
| Sep 30, 2009 | 2.27 Bn |
| Sep 30, 2009 | 2.27 Bn |
| Jun 30, 2009 | 4.33 Bn |
| Jun 30, 2009 | 4.33 Bn |
| Mar 31, 2009 | -1.41 Bn |
| Mar 31, 2009 | -1.41 Bn |