Merck & Co., Inc. MRK

148.78 0.80 0.54% as of 25 Sep
Market cap
$365.4B
P/E
119×
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Growth Flags show if company had growth for consecutive years

Merck & Co., Inc. (MRK) Net margin

Merck & Co., Inc.'s net margin over the twelve months to 30 June 2026 was 4.77%, down 23.3 percentage points from fiscal 2025 (28.1%). Over the past ten years it has ranged from 0.61% (fiscal 2023) to 28.1% (fiscal 2025) — the current reading is the highest in ten years. That is below the Drug Manufacturers General industry median of 8.27% and above the Healthcare sector median of 0.00%.

Net margin, annual

Annual

Period Net margin Change (points)
FY2025 28.1% 1.40
FY2024 26.7% 26.07
FY2023 0.61% (23.88)
FY2022 24.5% (2.30)
FY2021 26.8% 9.77
FY2020 17.0% (8.14)
FY2019 25.2% 10.45
FY2018 14.7% 8.74
FY2017 5.97% (3.88)
FY2016 9.85% (1.40)

Quarterly

Period Net margin Change (points)
Jun 2026 −8.04% 17.99
Mar 2026 −26.0% (44.10)
Dec 2025 18.1% (15.42)
Sep 2025 33.5% 5.48
42 more quarters

Against its own ten years

Low 0.61% High 28.1%
Ten-year median 17.0%
Current reading's percentile 100

Net margin against peers

Company Net margin
NVO Novo Nordisk A/S compare 35.5%
AMGN Amgen Inc. compare 23.0%
NVS Novartis AG compare 22.5%
JNJ Johnson & Johnson compare 21.5%
AZN AstraZeneca PLC compare 17.0%
ABBV AbbVie Inc. compare 9.74%
PFE Pfizer Inc. compare 6.80%
MRK Merck & Co., Inc. 4.77%
GILD Gilead Sciences, Inc. compare −10.6%
Drug Manufacturers General industry median 8.27%
Healthcare sector median 0.00%
Market median 0.55%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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