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. In the quarter to June 2026, revenue grew 5.07%, EPS fell 130.7%, free cash flow grew 77.0% and total debt rose 50.4%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for twenty-five consecutive years, revenue growth for five.
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Merck & Co., Inc. (MRK) P/S ratio
As of 16 October 2026, Merck & Co., Inc. (MRK) trades at a P/S ratio of 5.4×. Over the past ten years it has ranged from 2.9× (May 2025) to 5.8× (August 2026); the current reading is higher than 97% of that period. That is above the Drug Manufacturers General industry median of 3.4× and above the Healthcare sector median of 3.4×.
P/S ratio, daily
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Annual newest first
| Period | P/S ratio | Change |
|---|---|---|
| FY2025 | 4.1× | 3.20% |
| FY2024 | 3.9× | (17.86%) |
| FY2023 | 4.8× | 0.68% |
| FY2022 | 4.7× | 19.23% |
| FY2021 | 4.0× | (16.29%) |
| FY2020 | 4.8× | (16.41%) |
| FY2019 | 5.7× | 23.90% |
| FY2018 | 4.6× | 25.80% |
| FY2017 | 3.7× | (8.47%) |
| FY2016 | 4.0× | 11.00% |
Quarterly newest first
| Period | P/S ratio | Change |
|---|---|---|
| Jun 2026 | 4.8× | 5.45% |
| Mar 2026 | 4.5× | 11.61% |
| Dec 2025 | 4.1× | 24.26% |
| Sep 2025 | 3.3× | 4.38% |
| 42 more quarters | Free account |
Against its own ten years
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| PFE Pfizer Inc. compare | 2.6× |
| NVO Novo Nordisk A/S compare | 3.3× |
| AZN AstraZeneca PLC compare | 4.2× |
| NVS Novartis AG compare | 5.1× |
| MRK Merck & Co., Inc. | 5.4× |
| AMGN Amgen Inc. compare | 6.1× |
| JNJ Johnson & Johnson compare | 6.2× |
| GILD Gilead Sciences, Inc. compare | 6.4× |
| ABBV AbbVie Inc. compare | 7.8× |
| Drug Manufacturers General industry median | 3.4× |
| Healthcare sector median | 3.4× |
| Market median | 1.9× |
What P/S ratio is
Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.
(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)
More on MRK
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement