Merck (MRK) Price to Earnings (2009 - 2026)
Merck's (MRK) quarterly Price to Earnings came in at 237.12 in Q2 2026, down 631.03% year-over-year from 44.65 in Q2 2025, and down 238.65% quarter-over-quarter from 70.02 in Q1 2026.
Analysis
Merck (MRK) Price to Earnings (2009 - 2026) Analysis & Trends
Merck (MRK) has reported Price to Earnings for 18 consecutive years, with 237.12 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Earnings fell 631.03% year-over-year to 237.12 in Q2 2026; TTM through Jun 2026 was 100.04, a 730.69% increase from a year earlier, with the FY2025 full-year figure at 14.25, down 2.84% from the prior year.
- Price to Earnings was 237.12 for Q2 2026 at Merck, down from 70.02 in the prior quarter.
- Over five years, Price to Earnings peaked at 95.56 in Q1 2023 and troughed at 237.12 in Q2 2026.
- A 5-year average of 18.59 and a median of 56.19 in 2023 frame the typical range for Price to Earnings.
- Across the five-year window, Price to Earnings surged 217.2% in 2024 and tumbled 631.03% in 2026, its largest moves.
- Over 5 years, Price to Earnings stood at 93.33 in 2022, then plunged by 341.32% to 225.21 in 2023, then surged by 129.8% to 67.12 in 2024, then soared by 30.9% to 87.86 in 2025, then sank by 369.88% to 237.12 in 2026.
- The last three Price to Earnings figures came in at 237.12 (Q2 2026), 70.02 (Q1 2026), and 87.86 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 663.08 Bn | 642.33 Bn | 17.26 Bn |
| 2 | AbbVie | 453.04 Bn | 446.51 Bn | 12.70 Bn |
| 3 | Merck | 370.87 Bn | 363.78 Bn | 12.21 Bn |
| 4 | Novartis Ag | 305.29 Bn | 298.00 Bn | 11.24 Bn |
| 5 | Pfizer | 162.10 Bn | 150.70 Bn | 10.94 Bn |
| 6 | Sanofi | 53.95 Bn | 46.98 Bn | 10.79 Bn |
| 7 | Revolution Medicines | 45.00 Bn | 45.00 Bn | - |
| 8 | BeOne Medicines | 40.49 Bn | 35.39 Bn | 1.53 Bn |
| 9 | Incyte | 25.47 Bn | 20.94 Bn | 1.57 Bn |
| 10 | United Therapeutics | 20.81 Bn | 18.15 Bn | 683.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -237.12 |
| Mar 31, 2026 | -70.02 |
| Dec 31, 2025 | 87.86 |
| Sep 30, 2025 | 36.00 |
| Jun 30, 2025 | 44.65 |
| Mar 31, 2025 | 44.32 |
| Dec 31, 2024 | 67.12 |
| Sep 30, 2024 | 90.88 |
| Jun 30, 2024 | 57.46 |
| Mar 31, 2024 | 70.11 |
| Dec 31, 2023 | -225.21 |
| Sep 30, 2023 | 54.92 |
| Jun 30, 2023 | -49.03 |
| Mar 31, 2023 | 95.56 |
| Dec 31, 2022 | 93.33 |
| Sep 30, 2022 | 67.12 |
| Jun 30, 2022 | 58.49 |
| Mar 31, 2022 | 48.17 |
| Dec 31, 2021 | 51.50 |
| Sep 30, 2021 | 41.51 |