Merck (MRK) Payables (2009 - 2026)
Merck's (MRK) quarterly Payables came in at $6.0 billion in Q2 2026, little changed year-over-year from $5.9 billion in Q2 2025, and down 0.82% quarter-over-quarter from $6.0 billion in Q1 2026.
Analysis
Merck (MRK) Payables (2009 - 2026) Analysis & Trends
Merck (MRK) has reported Payables for 18 consecutive years, with $6.0 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payables changed 0.2% year-over-year to $6.0 billion in Q2 2026; TTM through Jun 2026 was $6.0 billion, a 0.2% change from a year earlier, with the FY2025 full-year figure at $6.5 billion, up 6.18% from the prior year.
- Payables was $6.0 billion for Q2 2026 at Merck, down from $6.0 billion in the prior quarter.
- Over five years, Payables peaked at $6.5 billion in Q4 2025 and troughed at $5.1 billion in Q3 2022.
- A 5-year average of $5.7 billion and a median of $5.7 billion in 2023 frame the typical range for Payables.
- Across the five-year window, Payables slipped 5.56% in 2022 and rose 11.15% in 2025, its largest moves.
- Over 5 years, Payables stood at $6.1 billion in 2022, then fell by 3.92% to $5.9 billion in 2023, then increased by 4.33% to $6.2 billion in 2024, then advanced by 6.18% to $6.5 billion in 2025, then fell by 8.97% to $6.0 billion in 2026.
- The last three Payables figures came in at $6.0 billion (Q2 2026), $6.0 billion (Q1 2026), and $6.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 641.14 Bn | 620.38 Bn | 17.26 Bn | 20.92 Bn |
| 2 | AbbVie | 451.04 Bn | 444.47 Bn | 12.70 Bn | 33.30 Bn |
| 3 | Merck | 357.43 Bn | 350.29 Bn | 12.21 Bn | 5.96 Bn |
| 4 | Novartis Ag | 266.73 Bn | 259.04 Bn | 11.24 Bn | 4.26 Bn |
| 5 | Pfizer | 157.52 Bn | 145.82 Bn | 10.94 Bn | 7.03 Bn |
| 6 | Sanofi | 52.14 Bn | 44.76 Bn | 10.79 Bn | 8.31 Bn |
| 7 | Revolution Medicines | 42.88 Bn | 42.88 Bn | - | 88.42 Mn |
| 8 | Incyte | 24.70 Bn | 20.16 Bn | 1.57 Bn | 250.40 Mn |
| 9 | United Therapeutics | 21.47 Bn | 18.80 Bn | 683.80 Mn | 497.80 Mn |
| 10 | Neurocrine Biosciences | 15.82 Bn | 15.43 Bn | 935.80 Mn | 808.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.96 Bn |
| Mar 31, 2026 | 6.01 Bn |
| Dec 31, 2025 | 6.54 Bn |
| Sep 30, 2025 | 6.19 Bn |
| Jun 30, 2025 | 5.95 Bn |
| Mar 31, 2025 | 5.86 Bn |
| Dec 31, 2024 | 6.16 Bn |
| Sep 30, 2024 | 5.57 Bn |
| Jun 30, 2024 | 5.50 Bn |
| Mar 31, 2024 | 5.52 Bn |
| Dec 31, 2023 | 5.91 Bn |
| Sep 30, 2023 | 5.39 Bn |
| Jun 30, 2023 | 5.32 Bn |
| Mar 31, 2023 | 5.59 Bn |
| Dec 31, 2022 | 6.15 Bn |
| Sep 30, 2022 | 5.14 Bn |
| Jun 30, 2022 | 5.25 Bn |
| Mar 31, 2022 | 5.49 Bn |
| Dec 31, 2021 | 6.38 Bn |
| Sep 30, 2021 | 5.03 Bn |