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Merck & Co. MRK Total debt

Total debt at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
$43.33B-12.3%
Pfizer logo
PfizerPFE
$64.43B+4.9%
Johnson & Johnson logo
Johnson & JohnsonJNJ
$49.04B-3.4%
Regeneron Pharmaceuticals logo
Regeneron PharmaceuticalsREGN
$2.71B+0.1%
Cytokinetics logo
CytokineticsCYTK
$418.21M+75.8%
Phibro Animal Health logo
Phibro Animal HealthPAHC
$32.25M+27.8%

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 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$321.57B+60.4%
Enterprise value$365.27B+34.2%
P/E101.4×+89.2×
P/S4.8×+1.7×

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.

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 total debt?
Merck & Co. (MRK) reported total debt of $49.1B in Q1 2026.
How has Merck & Co.'s total debt changed year-over-year?
Merck & Co.'s total debt increased by 35.8% year-over-year, from $36.16B to $49.1B.
What is the long-term trend for Merck & Co.'s total debt?
Over 5 years (2020 to 2025), Merck & Co.'s total debt has grown at a 8.1% compound annual growth rate (CAGR), from $35.73B to $52.8B.
What does total debt mean?
Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.

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