Merck (MRK) Price to Earnings (2009 - 2026)
Merck's Price to Earnings was 146.23 in Q3 2026, compared with 10.94 a year earlier and up 46.4% from the prior quarter.
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Analysis
Merck (MRK) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Merck came in at 14.26, down 2.9% from FY2024.
- In earlier years, Price to Earnings was 14.68 in FY2024 (-98.1%), 756.46 in FY2023, 19.40 in FY2022 (+30.7%) and 14.85 in FY2021 (-46.9%).
- The Q3 2026 figure marks the highest quarterly Price to Earnings since Q4 2023.
- Compared with a year earlier, Price to Earnings was higher in two of the last seven quarters, with growth averaging 84.7%.
- The best year-over-year quarter for Price to Earnings over five years was Q2 2026 (growth of 729.0%); the worst was Q4 2024 (a decline of 98.1%).
- Per Business Quant data, MRK's Price to Earnings in the three quarters before Q3 2026 was 99.92 (Q2 2026), 33.25 (Q1 2026) and 14.26 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn |
| 10 | Vertex Pharmaceuticals | 138.90 Bn | 106.64 Bn | 2.91 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 146.12 |
| Jun 30, 2026 | 99.92 |
| Mar 31, 2026 | 33.25 |
| Dec 31, 2025 | 14.26 |
| Sep 30, 2025 | 10.94 |
| Jun 30, 2025 | 12.05 |
| Mar 31, 2025 | 12.93 |
| Dec 31, 2024 | 14.68 |
| Sep 30, 2024 | 23.65 |
| Jun 30, 2024 | 22.85 |
| Mar 31, 2024 | 144.93 |
| Dec 31, 2023 | 756.46 |
| Sep 30, 2023 | 56.61 |
| Jun 30, 2023 | 94.12 |
| Mar 31, 2023 | 20.72 |
| Dec 31, 2022 | 19.40 |
| Sep 30, 2022 | 14.31 |
| Jun 30, 2022 | 13.93 |
| Mar 31, 2022 | 14.63 |
| Dec 31, 2021 | 14.85 |
API Access
Merck Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=MRK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "MRK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=MRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();