Current Assets
Finished goods
Merck & Co. Finished goods decreased by 2.8% to $2.21B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.9%, from $2.13B to $2.21B. Over 5 years (FY 2020 to FY 2025), Finished goods shows an upward trend with a 7.2% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 4, 2026
Parent metricInventories
How to read this metric
An increase relative to sales may signal slowing demand or overproduction; a decrease may indicate strong sales or supply chain constraints.
Detailed definition
This represents the value of inventory that has completed the manufacturing process and is ready for sale to customers....
Peer comparison
Standard inventory metric for all manufacturing and retail companies.
Metric ID:
inv_finished_goodsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.78B | $1.63B | $1.75B | $1.77B | $1.68B | $1.68B | $1.84B | $1.88B | $1.84B | $1.84B | $1.95B | $1.90B | $1.89B | $1.94B | $2.02B | $2.13B | $2.14B | $2.25B | $2.28B | $2.21B |
| QoQ Change | — | -8.4% | +7.3% | +1.4% | -5.2% | +0.2% | +9.4% | +2.3% | -2.2% | -0.1% | +6.2% | -2.7% | -0.7% | +2.6% | +4.3% | +5.3% | +0.6% | +5.0% | +1.2% | -2.8% |
| YoY Change | — | — | — | — | -5.5% | +3.4% | +5.4% | +6.3% | +9.6% | +9.3% | +6.1% | +1.0% | +2.6% | +5.4% | +3.5% | +11.9% | +13.4% | +16.0% | +12.5% | +3.9% |
| % of Inventories | 73.7% | 68.6% | 79.6% | 71.0% | 60.8% | 63.7% | 62.7% | 57.3% | 57.2% | 58.4% | 58.4% | 55.7% | 54.7% | 48.5% | 48.2% | 46.7% | 43.9% | 41.6% | 40.0% | 35.7% |
| Share Change | — | -5.1pp | +11.0pp | -8.6pp | -10.2pp | +2.9pp | -1.1pp | -5.3pp | -0.2pp | +1.2pp | -0.0pp | -2.6pp | -1.1pp | -6.1pp | -0.3pp | -1.5pp | -2.9pp | -2.3pp | -1.5pp | -4.4pp |
Range$1.63B – $2.28B
CAGR+4.7%
Avg YoY Growth+6.5%
Median YoY Growth+5.8%
Finished goods at Other Companies
Frequently Asked Questions
- What is Merck & Co.'s finished goods?
- Merck & Co. (MRK) reported finished goods of $2.21B in Q1 2026.
- How has Merck & Co.'s finished goods changed year-over-year?
- Merck & Co.'s finished goods increased by 3.9% year-over-year, from $2.13B to $2.21B.
- What is the long-term trend for Merck & Co.'s finished goods?
- Over 5 years (2020 to 2025), Merck & Co.'s finished goods has grown at a 7.2% compound annual growth rate (CAGR), from $1.61B to $2.28B.
- What does finished goods mean?
- The value of completed products ready for sale.