PP&E (Net)
Merck & Co. PP&E (Net) increased by 0.5% to $25.43B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.6%, from $24.79B to $25.43B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 8.3% CAGR.
Analysis
How to read this metric
An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.
Detailed definition
This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...
Peer comparison
Standard line item for all manufacturing and industrial companies; directly comparable across peers.
property_plant_equipment_netHistorical Data
| 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 | $18.06B | $18.57B | $19.28B | $19.75B | $20.06B | $20.42B | $21.42B | $21.76B | $22.23B | $22.53B | $23.05B | $23.05B | $23.22B | $23.45B | $23.78B | $24.79B | $25.24B | $25.64B | $25.32B | $25.43B |
| QoQ Change | — | +2.8% | +3.8% | +2.4% | +1.6% | +1.8% | +4.9% | +1.6% | +2.2% | +1.3% | +2.3% | -0.0% | +0.8% | +1.0% | +1.4% | +4.3% | +1.8% | +1.6% | -1.3% | +0.5% |
| YoY Change | — | — | — | — | +11.0% | +10.0% | +11.1% | +10.2% | +10.8% | +10.3% | +7.6% | +5.9% | +4.5% | +4.1% | +3.2% | +7.6% | +8.7% | +9.4% | +6.5% | +2.6% |
Geographic Breakdown — U.S.
Geographic Breakdown — Europe, Middle East and Africa
| Segment | Q4 '22 | Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Europe, Middle East and Africa | $6.99B | $7.56B | $7.55B | $8.40B | $8.55B | $8.67B | $8.86B | $8.97B |
| Asia Pacific (other than China and Japan) | $966.00M | $1.02B | $982.00M | $973.00M | $966.00M | $948.00M | $898.00M | $842.00M |
| Latin America | $225.00M | $222.00M | $133.00M | $135.00M | $135.00M | $139.00M | $128.00M | $128.00M |
| Other | $5.00M | $4.00M | $47.00M | $49.00M | $51.00M | $50.00M | $51.00M | $51.00M |
| Total | $21.42B | $23.05B | $23.78B | $24.79B | $25.24B | $25.64B | $25.32B | $25.43B |
Asia Pacific (other than China and Japan), Europe, Middle East and Africa, Latin America, Other were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Merck & Co.'s pp&e (net)?
- Merck & Co. (MRK) reported pp&e (net) of $25.43B in Q1 2026.
- How has Merck & Co.'s pp&e (net) changed year-over-year?
- Merck & Co.'s pp&e (net) increased by 2.6% year-over-year, from $24.79B to $25.43B.
- What is the long-term trend for Merck & Co.'s pp&e (net)?
- Over 5 years (2020 to 2025), Merck & Co.'s pp&e (net) has grown at a 8.3% compound annual growth rate (CAGR), from $17.00B to $25.32B.
- What does pp&e (net) mean?
- The current book value of physical assets after accounting for wear and tear.