Merck (MRK) Return on Capital Employed (2009 - 2026)
Merck (MRK) posted quarterly Return on Capital Employed of 5.22% for Q1 2026, down 1083.0% YoY from 0.53% in Q1 2025, and down 216.93% sequentially from 4.47% in Q4 2025.
Merck (MRK) Return on Capital Employed (2009 - 2026) Analysis & Trends
Merck has disclosed Return on Capital Employed across 18 years of filings, most recently posting 5.22% for Q1 2026.
- In Q1 2026, Return on Capital Employed fell 1083.0% year-over-year to 5.22%; the TTM figure through Mar 2026 stood at 5.22% (down 1083.0% YoY), while the FY2025 annual figure was 4.75%, down 93.0% from the prior year.
- Return on Capital Employed eased to 5.22% in Q1 2026, from 4.47% in the prior quarter.
- Over the last five years, Return on Capital Employed for MRK reached as high as 7.54% in Q3 2025 and fell as low as 17.58% in Q4 2023.
- The 5-year median for Return on Capital Employed is 0.67% (2022), against an average of 2.09%.
- Annual changes were most pronounced in 2023 — Return on Capital Employed tumbled 1642 bps — and 2024, when it soared 2291 bps.
- A 5-year view of Return on Capital Employed shows it stood at 1.15% in 2022, then slumped by 1425 bps to 17.58% in 2023, then jumped by 130 bps to 5.34% in 2024, then decreased by 16 bps to 4.47% in 2025, then tumbled by 217 bps to 5.22% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 5.22%, 4.47%, and 7.54% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 42.94% |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 28.18% |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 16.47% |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 9.76% |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | -5.22% |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 15.87% |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 21.53% |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | -10.20% |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | -3.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.22% |
| Dec 31, 2025 | 4.47% |
| Sep 30, 2025 | 7.54% |
| Jun 30, 2025 | 4.74% |
| Mar 31, 2025 | 5.60% |
| Dec 31, 2024 | 5.34% |
| Sep 30, 2024 | -1.82% |
| Jun 30, 2024 | -0.25% |
| Mar 31, 2024 | -14.58% |
| Dec 31, 2023 | -17.58% |
| Sep 30, 2023 | -10.48% |
| Jun 30, 2023 | -12.51% |
| Mar 31, 2023 | -0.85% |
| Dec 31, 2022 | -1.15% |
| Sep 30, 2022 | -0.67% |
| Jun 30, 2022 | 1.91% |
| Mar 31, 2022 | -0.07% |
| Dec 31, 2021 | 0.33% |
| Sep 30, 2021 | -10.76% |
| Jun 30, 2021 | -13.77% |