Merck & Co., Inc.

Merck & Co., Inc.

MRKยทNYSE

$114.80

-0.36%
HealthcareDrug Manufacturers - General

Merck & Co., Inc. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes, as well as vaccine products, such as preventive pediatric, adolescent, and adult vaccines. The Animal Health segment discovers, develops, manufactures, and markets veterinary pharmaceuticals, vaccines, and health management solutions and services, as well as digitally connected identification, traceability, and monitoring products. It serves drug wholesalers and retailers, hospitals, and government agencies; managed health care providers, such as health maintenance organizations, pharmacy benefit managers, and other institutions; and physicians and physician distributors, veterinarians, and animal producers. The company has collaborations with AstraZeneca PLC; Bayer AG; Eisai Co., Ltd.; Ridgeback Biotherapeutics; and Gilead Sciences, Inc. to jointly develop and commercialize long-acting treatments in HIV. Merck & Co., Inc. was founded in 1891 and is headquartered in Kenilworth, New Jersey.

At a Glance

Live Snapshot
Market Cap$283.54B
EPS7.3000
P/E Ratio15.73
Earnings Date08/04/2026
3Y+10.0%
5Y+56.0%
10Y+63.0%
3Y+26.0%
5Y+158.0%
10Y+366.0%
3Y-14.0%
5Y+61.0%
10Y+59.0%
Merck & Co., Inc.

Merck & Co., Inc. Profit Bridge

MRK ยท NYSE
Revenue64.93B
Cost of Goods Sold (18.20B)
Gross Profit46.73B
Operating Expenses (23.25B)
Operating Income23.49B
Interest Expense (1.36B)
Other Income/Expense-2.42B
Pretax Income21.07B
Income Tax (2.80B)
Net Income18.25B
Net Income
18.25B

Profitability Analysis

Gross Margin

72.0%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

36.2%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

28.1%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

13.3%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Merck & Co., Inc. Income Statement

MRK โ€ข NYSE

Merck & Co., Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
64.9B
64.2B
60.1B
59.3B
48.7B
41.5B
39.1B
42.3B
40.1B
39.8B
39.5B
42.2B
44B
47.3B
48B
46B
27.4B
23.9B
24.2B
22.6B
GROSS PROFIT
(18.2B)
(15.2B)
(16.1B)
(17.4B)
(13.6B)
(13.6B)
(12B)
(13.5B)
(12.9B)
(14B)
(14.9B)
(16.8B)
(17B)
(16.4B)
(16.9B)
(18.4B)
(9B)
(5.6B)
(6.1B)
(6B)
46.7B
49B
44B
41.9B
35.1B
27.9B
27.1B
28.8B
27.2B
25.8B
24.6B
25.5B
27.1B
30.8B
31.2B
27.6B
18.4B
18.3B
18.1B
16.6B
OPERATING INCOME
(23.2B)
(28.8B)
(41B)
(23.6B)
(21.9B)
(22.4B)
(19.2B)
(19.9B)
(20.4B)
(20.3B)
(17B)
(18.8B)
(19.4B)
(20.9B)
(22.2B)
(24.2B)
(14.4B)
(12.2B)
(12.4B)
(12.9B)
(10.7B)
(10.1B)
(9.9B)
(9.7B)
(9.4B)
(8.6B)
(9.5B)
(10.1B)
(10.1B)
(10B)
(10.3B)
(11.6B)
(11.9B)
(12.8B)
(13.7B)
(13.1B)
(8.5B)
(7.4B)
(7.6B)
(8.2B)
(12.5B)
(17.9B)
(30.5B)
(13.5B)
(12.2B)
(13.4B)
(9.7B)
(9.8B)
(10.3B)
(10.3B)
(6.7B)
(7.2B)
(7.5B)
(8.2B)
(8.5B)
(11.1B)
(5.8B)
(4.8B)
(4.9B)
(4.8B)
23.5B
20.2B
3B
18.3B
13.2B
5.5B
7.9B
8.9B
6.8B
5.5B
7.5B
6.7B
7.7B
9.9B
9B
3.4B
4B
6.1B
5.6B
3.7B
PRE-TAX INCOME
(1.4B)
(1.3B)
(1.1B)
(962M)
(806M)
(831M)
(893M)
(772M)
(754M)
(693M)
(672M)
(732M)
(801M)
(714M)
(749M)
(715M)
(458M)
(251M)
(0.0)
(0.0)
-1B
-856M
-781M
-805M
-770M
-772M
-619M
-429M
-369M
-365M
-383M
-466M
-537M
-482M
-550M
-632M
-250M
380M
0.0
0.0
(0.0)
(716M)
(620M)
(373M)
(231M)
(386M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-2.4B
-285M
-1.1B
-1.8B
680M
315M
-755M
-230M
-276M
-840M
-2.1B
10.6B
-2.1B
-1.1B
-1.6B
-1.7B
11.3B
3.8B
-2.2B
2.5B
21.1B
19.9B
1.9B
16.4B
13.9B
5.9B
7.2B
8.7B
6.5B
4.7B
5.4B
17.3B
5.5B
8.7B
7.3B
1.7B
15.3B
9.9B
3.4B
6.2B
NET INCOME
(2.8B)
(2.8B)
(1.5B)
(1.9B)
(1.5B)
(1.3B)
(1.6B)
(2.5B)
(4.1B)
(718M)
(942M)
(5.3B)
(1B)
(2.4B)
(942M)
(671M)
(2.3B)
(2B)
(95.3M)
(1.8B)
18.3B
17.1B
365M
14.5B
13B
7.1B
9.8B
6.2B
2.4B
3.9B
4.4B
11.9B
4.4B
6.2B
6.3B
861M
12.9B
7.8B
3.3B
4.4B

SEC Filings

MRK - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 28, 2026
May 26, 2026
2026
8-K

8-K 2026

N/A

May 22, 2026
May 22, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 04, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 30, 2026
April 30, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 08, 2026
May 26, 2026
2026
10-K

10-K 2025 FY

FY

February 24, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 03, 2026
February 03, 2026
2026
8-K

8-K 2025

N/A

December 04, 2025
December 04, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 05, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 30, 2025
October 30, 2025
2025
Showing 1 to 10 of 463 filings