Merlin (MRLN) Invested Capital (2024 - 2026)
Merlin posted quarterly Invested Capital of -$139.1 million for Q1 2026, down 960.64% year-on-year from $16.2 million in Q1 2025, and down 156.07% on a QoQ basis from -$54.3 million in Q4 2025.
Merlin (MRLN) has 3 years of Invested Capital data on file, last reported at -$139.1 million in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital fell 960.64% year-over-year to -$139.1 million; the trailing twelve-month figure through Mar 2026 stood at -$139.1 million (down 960.64% YoY), and the FY2025 full-year result was -$54.3 million, down 5896.36% from the prior year.
- Invested Capital for Q1 2026 stood at -$139.1 million, down from -$54.3 million in the prior quarter.
- Across five years, Invested Capital topped out at -$906000.0 in Q4 2024 and bottomed at -$139.1 million in Q1 2026.
- The 3-year median for Invested Capital is -$11.8 million (2025), against an average of -$37.7 million.
- The widest annual swing landed in 2025, when Invested Capital tumbled 5896.36%; it then tumbled 960.64% in 2026.
- A 3-year view of Invested Capital shows it stood at -$906000.0 in 2024, then sank by 5896.36% to -$54.3 million in 2025, then slumped by 156.07% to -$139.1 million in 2026.
- The last three Invested Capital figures came in at -$139.1 million (Q1 2026), -$54.3 million (Q4 2025), and -$10.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 338.65 Bn | 327.91 Bn | 9.11 Bn | 20.16 Bn |
| 2 | Rtx | 242.18 Bn | 237.08 Bn | 9.08 Bn | 68.22 Bn |
| 3 | Boeing | 182.15 Bn | 161.24 Bn | 2.55 Bn | 52.95 Bn |
| 4 | Lockheed Martin | 121.95 Bn | 120.06 Bn | 2.08 Bn | 7.66 Bn |
| 5 | Howmet Aerospace | 103.56 Bn | 101.12 Bn | 854.00 Mn | 6.16 Bn |
| 6 | General Dynamics | 93.70 Bn | 90.05 Bn | 9.09 Bn | 27.83 Bn |
| 7 | Embraer | 89.60 Bn | 86.98 Bn | - | 7.51 Bn |
| 8 | Rocket Lab | 86.87 Bn | 85.59 Bn | 76.49 Mn | 2.30 Bn |
| 9 | Northrop Grumman | 80.10 Bn | 78.01 Bn | 3.45 Bn | 17.12 Bn |
| 10 | Merlin | 582.99 Mn | 582.99 Mn | 1.81 Mn | -139.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -139.11 Mn |
| Dec 31, 2025 | -11.17 Mn |
| Sep 30, 2025 | -10.53 Mn |
| Jun 30, 2025 | -7.93 Mn |
| Mar 31, 2025 | -7.58 Mn |
| Dec 31, 2024 | -7.37 Mn |