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Merck & Co. MRK Change in Accrued Liabilities

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Other financials

Income statement

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Revenue$16.3B+4.9%
Gross profit$12.1B-0.2%
Net income-$4.2B-183%
EPS (diluted)-$1.72-186%

Balance sheet

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Cash & equivalents$5.4B-38.2%
Total debt$49.1B+35.8%
Total equity$45.9B-5.1%
Total assets$128.69B+11.8%

Cash flow

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Operating cash flow$3.9B+56.7%
CapEx$991.0M-25.4%
Free cash flow$2.9B+150%

Valuation

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Market cap$317.37B+61.7%
Enterprise value$361.07B+60.4%
P/E35.5×+23.6×
P/S4.8×+1.7×

Profitability

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Gross margin73.9%-2.5pp
Net margin13.6%-13.7pp
FCF margin21.5%-5.2pp

Returns & leverage

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Return on equity19%-20.3pp
Debt / equity1.1×+0.3×
Current ratio1.3×-0.1×

Where this comes from

Reported directly by Merck & Co. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccruedLiabilities.

The official record: Merck & Co.’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Merck & Co.'s change in accrued liabilities?
Merck & Co. (MRK) reported change in accrued liabilities of -$460.25M in Q4 2025.
How has Merck & Co.'s change in accrued liabilities changed year-over-year?
Merck & Co.'s change in accrued liabilities increased by 20.9% year-over-year, from -$582M to -$460.25M.
What is the long-term trend for Merck & Co.'s change in accrued liabilities?
Over 4 years (2021 to 2025), Merck & Co.'s change in accrued liabilities has grown at a 60.6% compound annual growth rate (CAGR), from $277M to -$1.84B.
What does change in accrued liabilities mean?
Change in accrued expenses and other current liabilities, reflecting timing differences between expense recognition and cash payment.