Merck MRK
NYSE MRK
$147.53 -0.93 (-0.63%)
As of: Sep 9, 2026 · 3:59 PM EDT

Merck (MRK) Total Debt (2009 - 2026)

Merck's (MRK) quarterly Total Debt came in at $53.9 billion in Q2 2026, up 52.27% year-over-year from $35.4 billion in Q2 2025, and up 9.75% quarter-over-quarter from $49.1 billion in Q1 2026.

Analysis

Merck (MRK) Total Debt (2009 - 2026) Analysis & Trends

Merck (MRK) has reported Total Debt for 18 consecutive years, with $53.9 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Total Debt rose 52.27% year-over-year to $53.9 billion in Q2 2026; TTM through Jun 2026 was $53.9 billion, a 52.27% increase from a year earlier, with the FY2025 full-year figure at $49.3 billion, up 32.95% from the prior year.
  • Total Debt was $53.9 billion for Q2 2026 at Merck, up from $49.1 billion in the prior quarter.
  • Over five years, Total Debt peaked at $53.9 billion in Q2 2026 and troughed at $30.4 billion in Q3 2022.
  • A 5-year average of $37.4 billion and a median of $35.2 billion in 2023 frame the typical range for Total Debt.
  • Across the five-year window, Total Debt fell 7.28% in 2022 and surged 52.27% in 2026, its largest moves.
  • Over 5 years, Total Debt stood at $30.7 billion in 2022, then advanced by 14.22% to $35.1 billion in 2023, then grew by 5.87% to $37.1 billion in 2024, then surged by 32.95% to $49.3 billion in 2025, then grew by 9.26% to $53.9 billion in 2026.
  • The last three Total Debt figures came in at $53.9 billion (Q2 2026), $49.1 billion (Q1 2026), and $49.3 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Johnson & Johnson 643.26 Bn 622.50 Bn 17.26 Bn 60.73 Bn
2 AbbVie 443.31 Bn 436.74 Bn 12.70 Bn 70.82 Bn
3 Merck 364.74 Bn 357.60 Bn 12.21 Bn 53.91 Bn
4 Novartis Ag 266.46 Bn 258.77 Bn 11.24 Bn 9.59 Bn
5 Pfizer 158.57 Bn 146.88 Bn 10.94 Bn 63.19 Bn
6 Sanofi 52.33 Bn 44.95 Bn 10.79 Bn 25.19 Bn
7 Revolution Medicines 43.79 Bn 43.79 Bn - -
8 Incyte 25.23 Bn 20.69 Bn 1.57 Bn 38.81 Mn
9 United Therapeutics 21.67 Bn 19.01 Bn 683.80 Mn -
10 Neurocrine Biosciences 15.65 Bn 15.26 Bn 935.80 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 53.91 Bn
Mar 31, 2026 49.12 Bn
Dec 31, 2025 49.34 Bn
Sep 30, 2025 41.37 Bn
Jun 30, 2025 35.40 Bn
Mar 31, 2025 34.84 Bn
Dec 31, 2024 37.11 Bn
Sep 30, 2024 38.13 Bn
Jun 30, 2024 37.79 Bn
Mar 31, 2024 34.22 Bn
Dec 31, 2023 35.06 Bn
Sep 30, 2023 34.86 Bn
Jun 30, 2023 36.91 Bn
Mar 31, 2023 30.75 Bn
Dec 31, 2022 30.69 Bn
Sep 30, 2022 30.42 Bn
Jun 30, 2022 31.66 Bn
Mar 31, 2022 31.79 Bn
Dec 31, 2021 33.10 Bn
Sep 30, 2021 26.44 Bn