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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Merck & Co., Inc. (MRK) P/E ratio
As of 25 September 2026, Merck & Co., Inc. (MRK) trades at a P/E ratio of 119×. Over the past ten years it has ranged from 10.7× (May 2025) to 943× (March 2024); the current reading is higher than 95% of that period. That is above the Drug Manufacturers General industry median of 24.7× and above the Healthcare sector median of 22.7×.
P/E ratio, daily
Annual
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 14.5× | (2.18%) |
| FY2024 | 14.8× | (98.17%) |
| FY2023 | 809× | 4,070.18% |
| FY2022 | 19.4× | 30.59% |
| FY2021 | 14.9× | (47.29%) |
| FY2020 | 28.2× | 23.71% |
| FY2019 | 22.8× | (27.52%) |
| FY2018 | 31.4× | (45.52%) |
| FY2017 | 57.7× | 40.63% |
| FY2016 | 41.0× | 26.97% |
Quarterly
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 103× | 203.38% |
| Mar 2026 | 33.9× | 134.35% |
| Dec 2025 | 14.5× | 30.41% |
| Sep 2025 | 11.1× | (9.10%) |
| 42 more quarters | Free account |
Against its own ten years
Low 10.7×
High 943×
Ten-year median
24.4×
Current reading's percentile
95
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| GILD Gilead Sciences, Inc. compare | n/m |
| NVO Novo Nordisk A/S compare | 9.5× |
| NVS Novartis AG compare | 21.8× |
| AZN AstraZeneca PLC compare | 24.7× |
| AMGN Amgen Inc. compare | 25.6× |
| JNJ Johnson & Johnson compare | 31.4× |
| PFE Pfizer Inc. compare | 37.7× |
| ABBV AbbVie Inc. compare | 74.7× |
| MRK Merck & Co., Inc. | 119× |
| Drug Manufacturers General industry median | 24.7× |
| Healthcare sector median | 22.7× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)
More on MRK
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement