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D&A at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
$594M-41.2%
Pfizer logo
PfizerPFE
$1.61B-0.3%
Johnson & Johnson logo
Johnson & JohnsonJNJ
$1.96B+0.8%
Regeneron Pharmaceuticals logo
Regeneron PharmaceuticalsREGN
$123.7M-8.4%
Cytokinetics logo
CytokineticsCYTK
$3.63M+58.9%
Phibro Animal Health logo
Phibro Animal HealthPAHC
$12.45M-1.3%

Other financials

Income statement

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Revenue$16.6B+5.1%
Gross profit$12.2B-0.3%
Net income-$1.3B-130%
EPS (diluted)-$0.54-131%

Balance sheet

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Cash & equivalents$6.9B-14.6%
Total debt$56.7B+54.0%
Total equity$41.9B-14.4%
Total assets$129.80B+10.4%

Cash flow

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Operating cash flow$5.4B+63.1%
CapEx$893.0M+16.9%
Free cash flow$4.5B+77.0%

Valuation

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Market cap$317.05B+59.8%
Enterprise value$366.89B+61.5%
P/E99.9×+87.8×
P/S4.8×+1.6×

Profitability

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Gross margin73%-3.6pp
Net margin4.8%-21.0pp
FCF margin24.1%+1.0pp

Returns & leverage

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Return on equity7%-28.5pp
Debt / equity1.4×+0.6×
Current ratio1.3×-0.1×

Where this comes from

Reported directly by Merck & Co. in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The source filing: Merck & Co.’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 4:15 PM EST
Fiscal year
FY2026
Accession
0000310158-26-000063
Line item202520242023
Net income$18,263$17,133$377
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization2,7932,3952,044
Depreciation3,0452,1041,828
Intangible asset impairment charges5539792
Income from investments in equity securities, net(368)(14)(340)
Charges for certain research and development asset acquisitions3,45611,409
Deferred income taxes(1,671)(1,249)(1,899)

Item 8.Financial Statements and Supplementary Data.

FAQ

What is Merck & Co.'s D&A?
Merck & Co. (MRK) reported D&A of $1.49B in Q4 2025.
How has Merck & Co.'s D&A changed year-over-year?
Merck & Co.'s D&A increased by 186.0% year-over-year, from $522M to $1.49B.
What is the long-term trend for Merck & Co.'s D&A?
Over 4 years (2021 to 2025), Merck & Co.'s D&A has grown at a 17.9% compound annual growth rate (CAGR), from $1.58B to $3.05B.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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