Current Liabilities

Total Current Liabilities

Merck & Co. Total Current Liabilities decreased by 4.9% to $26.95B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.0%, from $25.17B to $26.95B. Over 5 years (FY 2020 to FY 2025), Total Current Liabilities shows relatively stable performance with a 0.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 4, 2026

How to read this metric

A high ratio of current liabilities to current assets may signal liquidity stress, whereas a lower ratio suggests a stronger ability to cover short-term debts.

Detailed definition

This is the sum of all financial obligations due within one year, including accounts payable, short-term debt, and accru...

Peer comparison

Healthy companies generally maintain a current ratio (current assets/current liabilities) above 1.0, though this varies by industry.

Metric ID: total_current_liabilities

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$21.91B$23.73B$23.87B$22.32B$23.17B$23.00B$24.24B$23.13B$23.39B$23.09B$25.69B$25.10B$26.06B$29.59B$28.42B$25.17B$26.04B$28.63B$28.33B$26.95B
QoQ Change+8.3%+0.6%-6.5%+3.8%-0.7%+5.4%-4.6%+1.1%-1.3%+11.3%-2.3%+3.8%+13.5%-3.9%-11.4%+3.4%+10.0%-1.1%-4.9%
YoY Change+5.8%-3.1%+1.5%+3.7%+1.0%+0.4%+6.0%+8.5%+11.4%+28.1%+10.6%+0.3%-0.1%-3.2%-0.3%+7.0%
Range$21.91B$29.59B
CAGR+4.5%
Avg YoY Growth+4.8%
Median YoY Growth+2.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is Merck & Co.'s total current liabilities?
Merck & Co. (MRK) reported total current liabilities of $26.95B in Q1 2026.
How has Merck & Co.'s total current liabilities changed year-over-year?
Merck & Co.'s total current liabilities increased by 7.0% year-over-year, from $25.17B to $26.95B.
What is the long-term trend for Merck & Co.'s total current liabilities?
Over 5 years (2020 to 2025), Merck & Co.'s total current liabilities has grown at a 0.7% compound annual growth rate (CAGR), from $27.33B to $28.33B.
What does total current liabilities mean?
The total amount of all debts and obligations the company must pay within the next twelve months.