Equity

Total Stockholders' Equity Before Treasury Stock

Merck & Co. Total Stockholders' Equity Before Treasury Stock increased by 1.7% to $115.61B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.5%, from $104.62B to $115.61B. Over 5 years (FY 2020 to FY 2025), Total Stockholders' Equity Before Treasury Stock shows an upward trend with a 7.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

Growth indicates strong internal capital generation and positive equity performance.

Detailed definition

This metric represents the total book value of equity attributable to shareholders before accounting for the cost of rep...

Peer comparison

Used by analysts to normalize equity comparisons across companies with different buyback histories.

Metric ID: total_stockholders_equity_before_treasury

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$89.98B$93.04B$95.29B$97.95B$100.01B$101.22B$102.48B$103.41B$95.31B$98.31B$95.03B$97.81B$100.98B$102.33B$104.62B$107.74B$109.49B$113.65B$115.61B
QoQ Change+3.4%+2.4%+2.8%+2.1%+1.2%+1.2%+0.9%-7.8%+3.2%-3.3%+2.9%+3.2%+1.3%+2.2%+3.0%+1.6%+3.8%+1.7%
YoY Change+11.2%+8.8%+7.5%+5.6%-4.7%-2.9%-7.3%-5.4%+6.0%+4.1%+10.1%+10.1%+8.4%+11.1%+10.5%
Range$89.98B$115.61B
CAGR+5.7%
Avg YoY Growth+4.9%
Median YoY Growth+7.5%
Current Streak8 quarters growth

Frequently Asked Questions

What is Merck & Co.'s total stockholders' equity before treasury stock?
Merck & Co. (MRK) reported total stockholders' equity before treasury stock of $115.61B in Q4 2025.
How has Merck & Co.'s total stockholders' equity before treasury stock changed year-over-year?
Merck & Co.'s total stockholders' equity before treasury stock increased by 10.5% year-over-year, from $104.62B to $115.61B.
What is the long-term trend for Merck & Co.'s total stockholders' equity before treasury stock?
Over 5 years (2020 to 2025), Merck & Co.'s total stockholders' equity before treasury stock has grown at a 7.1% compound annual growth rate (CAGR), from $82.10B to $115.61B.
What does total stockholders' equity before treasury stock mean?
The total value of shareholder equity excluding the impact of share buybacks.

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