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Merck & Co. MRK EBITDA margin

EBITDA margin at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
30.7%+3.6pp
Pfizer logo
PfizerPFE
25.3%
Johnson & Johnson logo
Johnson & JohnsonJNJ
34.4%+2.5pp
Regeneron Pharmaceuticals logo
Regeneron PharmaceuticalsREGN
28.1%-2.5pp
Cytokinetics logo
CytokineticsCYTK
-594.5%-263pp
Phibro Animal Health logo
Phibro Animal HealthPAHC
15.4%+3.8pp

Other financials

Income statement

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Revenue$16.6B+5.1%
Gross profit$12.1B-0.2%
Net income-$1.3B-130%
EPS (diluted)-$0.54-131%

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$315.57B+57.4%
Enterprise value$359.27B+34.2%
P/E99.5×+87.3×
P/S4.7×+1.6×

Profitability

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Gross margin73.9%-2.5pp
Net margin4.8%-21.0pp
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

Calculated from Merck & Co.’s reported figures.

Based on trailing twelve months.

The source filing: Merck & Co.’s 10-Q, filed May 4, 2026. Open the filing →

Filed
May 4, 2026, 4:10 PM EDT
Fiscal quarter
Q3 FY2028
Calendar quarter
Q3 2028
Accession
0001628280-26-029802

FAQ

What is Merck & Co.'s EBITDA margin?
Merck & Co. (MRK) reported EBITDA margin of 22.4% in Q1 2026.
How has Merck & Co.'s EBITDA margin changed year-over-year?
Merck & Co.'s EBITDA margin decreased by 35.6% year-over-year, from 34.8% to 22.4%.
What is the long-term trend for Merck & Co.'s EBITDA margin?
Over 3 years (2021 to 2025), Merck & Co.'s EBITDA margin has grown at a 5.3% compound annual growth rate (CAGR), from 31.7% to 37.1%.
What does EBITDA margin mean?
EBITDA (earnings before interest, taxes, depreciation, and amortization) as a percentage of revenue, trailing twelve months. A proxy for cash operating profitability that strips out capital-structure and non-cash charges.

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