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) Revenue growth

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Merck & Co., Inc.'s revenue growth over the twelve months to 30 September 2026 was 4.89%, up 3.6 percentage points from fiscal 2025 (1.31%). Over the past ten years it has ranged from −7.50% (fiscal 2019) to 21.7% (fiscal 2022); the current reading is higher than 45% of that period. That is below the Drug Manufacturers General industry median of 6.72% and below the Healthcare sector median of 7.80%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 1.31% (5.43)
FY2024 6.74% 5.34
FY2023 1.40% (20.32)
FY2022 21.7% 4.41
FY2021 17.3% 11.18
FY2020 6.13% 13.63
FY2019 −7.50% (12.91)
FY2018 5.41% 4.62
FY2017 0.79% 0.01
FY2016 0.78% 7.26

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 4.68% (0.39)
Jun 2026 5.07% 0.20
Mar 2026 4.87% (0.10)
Dec 2025 4.97% 1.25
43 more quarters

Against its own ten years

Low −7.50% High 21.7%
Ten-year median 1.40%
Current reading's percentile 45

Revenue growth against peers

Company Revenue growth
NVO Novo Nordisk A/S compare 13.2%
ABBV AbbVie Inc. compare 10.7%
AMGN Amgen Inc. compare 8.15%
JNJ Johnson & Johnson compare 7.80%
AZN AstraZeneca PLC compare 7.32%
GILD Gilead Sciences, Inc. compare 6.54%
MRK Merck & Co., Inc. 4.89%
NVS Novartis AG compare 1.76%
PFE Pfizer Inc. compare 1.34%
Drug Manufacturers General industry median 6.72%
Healthcare sector median 7.80%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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