Equity
Convertible Preferred Stock Authorized Shares
Merck & Co. Convertible Preferred Stock Authorized Shares remained flat by 0.0% to 20M in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from 20M to 20M. Over 5 years (FY 2020 to FY 2025), Convertible Preferred Stock Authorized Shares shows relatively stable performance with a 0.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ4 2025Feb 24, 2026
How to read this metric
High authorization levels provide flexibility for future capital raises but may signal potential future dilution for common shareholders.
Detailed definition
This represents the maximum number of shares of convertible preferred stock that the company is legally permitted to iss...
Peer comparison
Standard corporate governance disclosure found in the equity section of the balance sheet.
Metric ID:
convertible_preferred_stock_authorized_sharesHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | 20M | 20M | 20M | 20M | 20M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | +0.0% | +0.0% | +0.0% | +0.0% |
Range20M – 20M
CAGR+0.0%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak4+ quarters growth
Convertible Preferred Stock Authorized Shares at Other Companies
Frequently Asked Questions
- What is Merck & Co.'s convertible preferred stock authorized shares?
- Merck & Co. (MRK) reported convertible preferred stock authorized shares of 20M in Q4 2025.
- How has Merck & Co.'s convertible preferred stock authorized shares changed year-over-year?
- Merck & Co.'s convertible preferred stock authorized shares decreased by 0.0% year-over-year, from 20M to 20M.
- What is the long-term trend for Merck & Co.'s convertible preferred stock authorized shares?
- Over 5 years (2020 to 2025), Merck & Co.'s convertible preferred stock authorized shares has grown at a 0.0% compound annual growth rate (CAGR), from 20M to 20M.
- What does convertible preferred stock authorized shares mean?
- The maximum number of convertible preferred shares the company is allowed to issue.