Merck & Co., Inc.

MRK Healthcare Drug Manufacturers General

Merck & Co., Inc.’s revenue for fiscal 2025 (year ended December 2025) was $65.0 billion, up 1.31% from fiscal 2024.

Revenue
+4.68%
EPS
−130.7%
Free cash flow
+77.0%
Total debt
+50.4%

Quarter to September 2026, against a year earlier

146.92 3.44 −2.29%
Market cap
$362.5B
P/E
118×
Fwd P/E
109×
Dividend yield
2.31%
F-score
4/9
Altman Z
3.77
Beneish M
−2.27
Dividend safety
74/100

Merck & Co., Inc. (MRK) EBITDA

Alert me on EBITDA

Merck & Co., Inc.'s EBITDA for fiscal 2025 was $27.9B, up 13.0% from $24.7B in fiscal 2024. Over the twelve months to 30 June 2026 it was $13.7B. Over the past ten years it has ranged from $6.8B (fiscal 2023) to $27.9B (fiscal 2025) — the current reading is the highest in ten years. Merck & Co., Inc. ranks 10th of 20 Drug Manufacturers General companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 $27.9B 13.05%
FY2024 $24.7B 262.14%
FY2023 $6.8B (69.24%)
FY2022 $22.2B 35.20%
FY2021 $16.4B 81.68%
FY2020 $9.0B (19.60%)
FY2019 $11.2B (16.46%)
FY2018 $13.5B 17.23%
FY2017 $11.5B 4.59%
FY2016 $11.0B (21.20%)

Quarterly newest first

Period EBITDA Change
Jun 2026 $1.2B —
Mar 2026 −$1.7B —
Dec 2025 $6.5B (15.28%)
Sep 2025 $7.7B 15.54%
42 more quarters

Against its own ten years

Low $6.8B High $27.9B
Ten-year median $13.5B
Current reading's percentile 100

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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