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Merck & Co. MRK Inventory turnover

Inventory turnover at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
5.3×+0.3×
Pfizer logo
PfizerPFE
6.4×+0.8×
Johnson & Johnson logo
Johnson & JohnsonJNJ
2.3×-0.1×
United Therapeutics logo
United TherapeuticsUTHR
2.5×+0.2×
Amgen logo
AmgenAMGN
1.8×+0.2×
Abbott logo
AbbottABT
2.9×+0.1×

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$285.12B+31.2%
Enterprise value$328.82B+34.2%
P/E31.9×+19.4×
P/S4.3×+0.9×

Profitability

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Gross margin73.9%-2.5pp
Net margin13.6%-13.7pp

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 official record: Merck & Co.’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Merck & Co.'s inventory turnover?
Merck & Co. (MRK) reported inventory turnover of 3.2× in Q1 2026.
How has Merck & Co.'s inventory turnover changed year-over-year?
Merck & Co.'s inventory turnover decreased by 15.6% year-over-year, from 3.8× to 3.2×.
What is the long-term trend for Merck & Co.'s inventory turnover?
Over 4 years (2021 to 2025), Merck & Co.'s inventory turnover has grown at a -15.5% compound annual growth rate (CAGR), from 27× to 13.8×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.