Growth Metrics

Merck (MRK) Return on Capital Employed (2009 - 2026)

Merck (MRK) reported Return on Capital Employed of 5.22% for Q1 2026, down 1083.0% year-over-year from 0.53% in Q1 2025, and down 216.93% on a QoQ basis from 4.47% in Q4 2025.

Merck (MRK) has 18 years of Return on Capital Employed data on file, last reported at 5.22% in Q1 2026.

  • Quarterly Return on Capital Employed fell 1083.0% year-over-year to 5.22% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.22% (down 1083.0% YoY) and the FY2025 annual result came in at 4.75%, down 93.0% from the prior year.
  • Return on Capital Employed slipped to 5.22% in Q1 2026 per MRK's latest filing, from 4.47% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 7.54% in Q3 2025 and bottomed at 17.58% in Q4 2023.
  • The 5-year median for Return on Capital Employed is 0.67% (2022), against an average of 2.09%.
  • The widest annual swing landed in 2023, when Return on Capital Employed tumbled 1642 bps; it then jumped 2291 bps in 2024.
  • Tracing MRK's Return on Capital Employed over 5 years: stood at 1.15% in 2022, then slumped by 1425 bps to 17.58% in 2023, then surged by 130 bps to 5.34% in 2024, then fell by 16 bps to 4.47% in 2025, then tumbled by 217 bps to 5.22% in 2026.
  • Per Business Quant, the three latest MRK Return on Capital Employed figures stand at 5.22% (Q1 2026), 4.47% (Q4 2025), and 7.54% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (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 42.94%
3 Johnson & Johnson 539.46 Bn 517.41 Bn 15.96 Bn 28.18%
4 AbbVie 376.92 Bn 367.57 Bn 10.78 Bn 16.47%
5 Merck 285.00 Bn 279.35 Bn 12.09 Bn -5.22%
6 Amgen 177.58 Bn 165.55 Bn 5.87 Bn 15.87%
7 Gilead Sciences 163.22 Bn 155.50 Bn 5.52 Bn 21.53%
8 Pfizer 145.86 Bn 133.09 Bn -1.21 Bn -10.20%
9 Bristol Myers Squibb 111.90 Bn 101.44 Bn 8.07 Bn -6.84%
10 Gsk 88.34 Bn 83.66 Bn - -

Historic Data

Download Data 🔒
DateValue
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%
Mar 31, 2021 -12.49%
Dec 31, 2020 -11.62%
Sep 30, 2020 -4.10%
Jun 30, 2020 -6.40%
Mar 31, 2020 -7.08%
Dec 31, 2019 -7.86%
Sep 30, 2019 -3.90%
Jun 30, 2019 -2.80%
Mar 31, 2019 -4.62%
Dec 31, 2018 -7.80%
Sep 30, 2018 -8.55%
Jun 30, 2018 -11.63%
Mar 31, 2018 -10.26%
Dec 31, 2017 -8.98%
Sep 30, 2017 -13.27%
Jun 30, 2017 -9.31%
Mar 31, 2017 -11.12%
Dec 31, 2016 -11.76%
Sep 30, 2016 -9.26%
Jun 30, 2016 -10.18%
Mar 31, 2016 -11.24%
Dec 31, 2015 -11.59%
Sep 30, 2015 1.85%
Jun 30, 2015 0.22%
Mar 31, 2015 0.17%
Dec 31, 2014 0.63%
Sep 30, 2014 -14.79%
Jun 30, 2014 -12.64%
Mar 31, 2014 -12.78%
Dec 31, 2013 -12.94%
Sep 30, 2013 -12.27%
Jun 30, 2012 -8.53%
Mar 31, 2012 -9.85%
Dec 31, 2011 -10.65%
Sep 30, 2011 -13.46%
Jun 30, 2011 -15.26%
Mar 31, 2011 -16.05%
Dec 31, 2010 -12.61%
Sep 30, 2010 -9.01%
Jun 30, 2010 -2.98%
Mar 31, 2010 1.99%
Dec 31, 2009 4.28%
Sep 30, 2009 38.91%