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Merck & Co., Inc. (MRK)
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MRK Balance Sheet

Assets, liabilities, and equity analysis

MRK Quarterly Balance Sheet (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
Total Current Assets
35.015B35.015B43.516B47.557B37.065B35.503B38.782B40.361B38.205B
5.327B5.327B14.565B18.169B8.007B8.629B13.242B14.593B11.304B
Short-Term Investments
375.000M375.000M0.0045.000M615.000M599.000M447.000M0.0050.000M
Cash & Short-Term Investments
5.702B5.702B14.565B18.214B8.622B9.228B13.689B14.593B11.354B
12.210B12.210B12.679B12.120B11.846B10.790B10.278B11.381B11.642B
6.479B6.479B6.658B6.444B6.601B6.196B6.109B6.244B6.469B
Total Assets
128.685B128.685B136.866B129.546B117.523B115.122B117.106B117.532B112.630B
25.433B25.433B26.823B25.639B25.236B24.793B23.779B23.446B23.221B
21.581B21.581B21.579B21.587B21.591B21.684B21.668B21.697B21.161B
Intangible Assets
25.745B25.745B26.681B15.313B15.193B15.758B16.370B17.010B16.984B
Long-Term Investments
1.105B1.105B2.239B1.117B774.000M616.000M463.000M575.000M357.000M
Total Current Liabilities
26.945B26.945B28.327B28.628B26.037B25.174B28.420B29.586B26.060B
3.863B3.863B4.404B4.147B3.892B3.784B4.079B3.586B3.519B
2.444B2.444B2.883B1.405B1.434B1.360B2.649B3.149B3.071B
Total Liabilities
82.754B82.754B84.204B77.639B68.463B66.722B70.734B72.972B68.982B
46.673B46.673B46.750B39.969B33.968B33.484B34.462B34.982B34.717B
49.117B49.117B50.534B41.374B35.402B34.844B38.270B38.131B37.788B
Net Debt (Cash)
43.790B43.790B35.969B23.205B27.395B26.215B25.028B23.538B26.484B
Total Shareholders' Equity
45.878B45.878B52.606B51.850B48.993B48.335B46.313B44.502B43.582B
Common Stock
1.788B1.788B1.788B1.788B1.788B1.788B1.788B1.788B1.788B
66.721B66.721B73.075B72.231B68.477B66.097B63.069B61.384B60.187B
1.301.301.541.661.421.411.361.361.47
1.071.070.960.800.720.720.830.860.87

MRK Annual Balance Sheet (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Total Current Assets
43.516B38.782B32.168B35.722B30.266B27.764B27.483B25.875B
14.565B13.242B6.841B12.694B8.096B8.050B9.676B7.965B
Short-Term Investments
0.00447.000M252.000M498.000M0.000.00774.000M899.000M
Cash & Short-Term Investments
14.565B13.689B7.093B13.192B8.096B8.050B10.450B8.864B
12.679B10.278B10.349B9.450B9.230B6.803B6.778B7.071B
6.658B6.109B6.358B5.911B5.953B5.554B5.978B5.440B
Total Assets
136.866B117.106B106.675B109.160B105.694B91.588B84.397B82.637B
26.823B23.779B23.051B21.422B19.279B17.000B15.053B13.291B
21.579B21.668B21.197B21.204B21.264B18.882B19.425B18.253B
Intangible Assets
26.681B16.370B18.011B20.269B22.933B14.101B14.196B13.104B
Long-Term Investments
2.239B463.000M252.000M1.015B370.000M785.000M1.469B6.233B
Total Current Liabilities
28.327B28.420B25.694B24.239B23.872B27.327B22.220B22.206B
4.404B4.079B3.922B4.264B4.609B4.327B3.738B3.318B
2.883B2.649B1.372B1.946B2.412B6.431B3.610B5.308B
Total Liabilities
84.204B70.734B69.040B63.102B67.437B66.184B58.396B55.755B
46.750B34.462B33.683B28.745B30.690B25.360B22.736B19.806B
50.534B38.270B36.268B31.985B34.631B33.417B27.351B25.114B
Net Debt (Cash)
35.969B25.028B29.427B19.291B26.535B25.367B17.675B17.149B
Total Shareholders' Equity
52.606B46.313B37.581B45.991B38.184B25.317B25.907B26.701B
Common Stock
1.788B1.788B1.788B1.788B1.788B1.788B1.788B1.788B
73.075B63.069B53.895B61.081B53.696B47.362B46.602B42.579B
1.541.361.251.471.271.021.241.17
0.960.830.970.700.911.321.060.94

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Merck & Co., Inc.

Merck & Co., Inc. is a global healthcare leader with operations spanning two core divisions: Pharmaceuticals and Animal Health. The Pharmaceutical segment is dedicated to human health, offering a broad spectrum of medicinal products. These cover crucial therapeutic areas such as oncology, acute hospital care, immunology, neuroscience, virology, cardiovascular conditions, and diabetes. This division also develops vital preventive vaccines for pediatric, adolescent, and adult populations. Meanwhile, the Animal Health segment focuses on the research, development, manufacturing, and marketing of veterinary medications, vaccines, and comprehensive health management solutions for animals. This division further provides innovative digital products designed for animal identification, traceability, and continuous monitoring. Merck's extensive clientele encompasses drug wholesalers, pharmacies, hospitals, and government agencies. It also serves managed healthcare organizations, including health maintenance organizations (HMOs) and pharmacy benefit managers, as well as various other institutional clients. Additionally, the company supplies products to individual physicians and their distributors, veterinarians, and livestock producers. The organization actively engages in strategic collaborations with companies such as AstraZeneca PLC, Bayer AG, Eisai Co., Ltd., Ridgeback Biotherapeutics, and Gilead Sciences, Inc. These partnerships are specifically aimed at the joint development and commercialization of prolonged-acting therapies for HIV. Established in 1891, Merck & Co., Inc. maintains its corporate headquarters in Kenilworth, New Jersey.

Rahway, NJ
73,000 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Robert Davis