Other
Derivative Notional Amount
Merck & Co. Derivative Notional Amount decreased by 6.0% to $40.29B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.5%, from $38.56B to $40.29B. Over 5 years (FY 2020 to FY 2025), Derivative Notional Amount shows an upward trend with a 4.2% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ4 2023
Last reportedQ4 2025
How to read this metric
Changes reflect the scale of hedging activity or speculative positioning within the firm's portfolio.
Detailed definition
This is the total face value of the underlying assets in derivative contracts. It is used to determine payments and is a...
Peer comparison
Standard disclosure for any firm using derivatives for hedging or investment purposes.
Metric ID:
derivative_notional_amountHistorical Data
19 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $29.43B | $28.46B | $32.96B | $31.26B | $27.73B | $26.03B | $28.68B | $30.36B | $29.25B | $29.81B | $30.55B | $32.22B | $33.10B | $35.31B | $38.56B | $42.36B | $44.69B | $42.87B | $40.29B |
| QoQ Change | — | -3.3% | +15.8% | -5.2% | -11.3% | -6.1% | +10.2% | +5.9% | -3.7% | +1.9% | +2.5% | +5.5% | +2.7% | +6.7% | +9.2% | +9.9% | +5.5% | -4.1% | -6.0% |
| YoY Change | — | — | — | — | -5.8% | -8.5% | -13.0% | -2.9% | +5.5% | +14.5% | +6.5% | +6.1% | +13.2% | +18.5% | +26.2% | +31.5% | +35.0% | +21.4% | +4.5% |
Range$26.03B – $44.69B
CAGR+7.2%
Avg YoY Growth+10.2%
Median YoY Growth+6.5%
Current Streak2 quarters decline
Derivative Notional Amount at Other Companies
Frequently Asked Questions
- What is Merck & Co.'s derivative notional amount?
- Merck & Co. (MRK) reported derivative notional amount of $40.29B in Q4 2025.
- How has Merck & Co.'s derivative notional amount changed year-over-year?
- Merck & Co.'s derivative notional amount increased by 4.5% year-over-year, from $38.56B to $40.29B.
- What is the long-term trend for Merck & Co.'s derivative notional amount?
- Over 5 years (2020 to 2025), Merck & Co.'s derivative notional amount has grown at a 4.2% compound annual growth rate (CAGR), from $32.78B to $40.29B.
- What does derivative notional amount mean?
- The total face value of the underlying assets in all derivative contracts.