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.

145.95 0.76 +0.52%
Market cap
$358.2B
P/E
117×
Fwd P/E
53.9×
Dividend yield
2.33%
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 June 2026 was 4.64%, up 3.3 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 6.66% and below the Healthcare sector median of 8.27%.

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)
Jun 2026 5.07% 0.20
Mar 2026 4.87% (0.10)
Dec 2025 4.97% 1.25
Sep 2025 3.72% 5.62
42 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 10.4%
AMGN Amgen Inc. compare 9.10%
AZN AstraZeneca PLC compare 8.61%
JNJ Johnson & Johnson compare 7.80%
GILD Gilead Sciences, Inc. compare 5.52%
MRK Merck & Co., Inc. 4.64%
NVS Novartis AG compare 2.73%
PFE Pfizer Inc. compare −0.21%
Drug Manufacturers General industry median 6.66%
Healthcare sector median 8.27%
Market median 7.41%

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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