Current Assets

Contract Assets, Net

Merck & Co. Contract Assets, Net decreased by 14.3% to $72.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 14.3%, from $84.00M to $72.00M. Over 5 years (FY 2020 to FY 2025), Contract Assets, Net shows an upward trend with a 10.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ4 2025Feb 24, 2026

How to read this metric

An increase may indicate strong sales growth or a shift in contract terms, while a significant rise relative to revenue could signal potential collection risks.

Detailed definition

This represents the company's right to consideration in exchange for goods or services that have been transferred to a c...

Peer comparison

Standardized under revenue recognition accounting standards (ASC 606) for companies with long-term or milestone-based contracts.

Metric ID: contract_assets_net

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$119.00M$43.00M$86.00M$84.00M$72.00M
QoQ Change-63.9%+100.0%-2.3%-14.3%
YoY Change-63.9%+100.0%-2.3%-14.3%
Range$43.00M$119.00M
CAGR-39.5%
Avg YoY Growth+4.9%
Median YoY Growth-8.3%
Current Streak2 quarters decline

Contract Assets, Net at Other Companies

Frequently Asked Questions

What is Merck & Co.'s contract assets, net?
Merck & Co. (MRK) reported contract assets, net of $72.00M in Q4 2025.
How has Merck & Co.'s contract assets, net changed year-over-year?
Merck & Co.'s contract assets, net decreased by 14.3% year-over-year, from $84.00M to $72.00M.
What is the long-term trend for Merck & Co.'s contract assets, net?
Over 5 years (2020 to 2025), Merck & Co.'s contract assets, net has grown at a 10.9% compound annual growth rate (CAGR), from $43.00M to $72.00M.
What does contract assets, net mean?
The value of work completed for customers for which the company has not yet billed or received payment.