Merck & Co., Inc. MRK

148.78 0.80 0.54% as of 25 Sep
Market cap
$365.4B
P/E
119×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

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)

The full definition of P/E ratio →

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