US · USD
MRK
Merck & Company Inc
- Day's range
- $145.26 – $149.27
- Day's volume
- $1.5B
- 52-week range
- $80.14 – $155.53
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See how MRK weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountMRK in numbers
- Market cap
- $358.5B
- P/E
- 112.38
- P/B
- 8.50
- Dividend yield (12m)
- 2.35%
The 12-month dividend yield of MRK is 2.35%, below its 5-year average of 2.93%.
MRK price history
MRK risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +73.97% | +55.04% | +92.30% |
| Volatility (annualized) | 29.30% | 24.18% | 23.70% |
| Largest drawdown | -11.17% | -40.04% | -40.04% |
| Positive months | 9/12 | 18/36 | 31/60 |
How much did investing in MRK return?
$1,000.00 invested on 10/01/2021 would be worth $1,912.65 today.
- Value today in MRK
- $1,912.65
- Return over the period
- +91.27%
- Return per year
- +13.85%
- In the S&P 500
- $1,655.56
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
MRK fundamentals
Valuation
- P/E112.38
- P/B8.50
- EV/EBITDA—
- EV/EBIT—
- EV/Revenue6.05
- P/EBIT—
- P/S5.39
- P/OCF17.95
- P/FCF22.32
- Earnings yield—
- PEG ratio—
- Earnings per share$1.29
- Book value per share$17.00
Debt
- Net debt$43.9B
- Net debt/EBITDA—
- Net debt/Equity1.05
- Debt/Equity1.22
- Current ratio1.32
- Quick ratio1.10
- Cash ratio0.26
Efficiency
- Gross margin72.97%
- EBITDA margin—
- Operating margin—
- Net margin4.77%
- Asset turnover0.51
Profitability
- ROE7.57%
- ROA2.44%
- ROIC—
- Payout264.37%
Growth
- Revenue CAGR (5 years)8.68%
- Earnings CAGR (5 years)-10.65%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is MRK's fair price?
Two classic value formulas, with today's numbers. The current price is $144.53.
- Graham's fair price
- $22.18
- 84.66% below the price
√(22.50 × $1.29 × $17.00)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $48.47
- 66.46% below the price
$2.91 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
MRK's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 14.26 | 14.68 | 756.46 | 19.40 | 15.69 | 29.29 | 23.44 | 31.71 |
| P/B | 4.95 | 5.43 | 7.35 | 6.12 | 5.07 | 8.18 | 8.90 | 7.39 |
| Dividend yield | 3.08% | 3.10% | 2.68% | 2.49% | 3.31% | 2.98% | 2.42% | 2.51% |
| Earnings per share | $7.38 | $6.78 | $0.14 | $5.72 | $4.88 | $2.79 | $3.88 | $2.41 |
| Book value per share | $21.28 | $18.33 | $14.84 | $18.12 | $15.11 | $10.01 | $10.21 | $10.34 |
| ROE | 34.70% | 36.96% | 0.97% | 31.57% | 32.33% | 27.91% | 37.99% | 23.30% |
| Gross margin | 74.80% | 76.32% | 73.17% | 70.63% | 72.02% | 67.20% | 69.29% | 68.06% |
| Net margin | 28.08% | 26.68% | 0.61% | 24.49% | 25.35% | 17.02% | 25.16% | 14.71% |
MRK's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $65B | $64.2B | $60.1B | $59.3B | $48.7B | $41.5B |
| Cost of revenue | -$16.4B | -$15.2B | -$16.1B | -$17.4B | -$13.6B | -$13.6B |
| Gross profit | $48.6B | $49B | $44B | $41.9B | $35.1B | $27.9B |
| EBITDA | — | — | — | — | — | — |
| EBIT | — | — | — | — | — | — |
| Financial result | — | — | — | — | — | — |
| Income before tax | $21.1B | $19.9B | $1.9B | $16.4B | $13.9B | $5.9B |
| Income tax | -$2.8B | -$2.8B | -$1.5B | -$1.9B | -$1.5B | -$1.3B |
| Net income | $18.3B | $17.1B | $365M | $14.5B | $12.3B | $7.1B |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does MRK pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/14/2026 | 10/07/2026 | $0.85 |
Dividend yield per year
- 3.34%2017
- 2.51%2018
- 2.42%2019
- 2.98%2020
- 3.31%2021
- 2.49%2022
- 2.68%2023
- 3.10%2024
- 3.08%2025
- 1.75%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 06/12/2026 | 07/08/2026 | $0.85 |
| Dividend | 03/13/2026 | 04/07/2026 | $0.85 |
| Dividend | 12/12/2025 | 01/08/2026 | $0.85 |
| Dividend | 09/12/2025 | 10/07/2025 | $0.81 |
| Dividend | 06/13/2025 | 07/08/2025 | $0.81 |
| Dividend | 03/14/2025 | 04/07/2025 | $0.81 |
| Dividend | 12/13/2024 | 01/08/2025 | $0.81 |
| Dividend | 09/13/2024 | 10/07/2024 | $0.77 |
| Dividend | 06/14/2024 | 07/08/2024 | $0.77 |
| Dividend | 03/13/2024 | 04/05/2024 | $0.77 |
| Dividend | 12/13/2023 | 01/08/2024 | $0.77 |
| Dividend | 09/13/2023 | 10/06/2023 | $0.73 |
See all 39 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 06/13/2023 | 07/10/2023 | $0.73 |
| Dividend | 03/13/2023 | 04/10/2023 | $0.73 |
| Dividend | 12/13/2022 | 01/09/2023 | $0.73 |
| Dividend | 09/13/2022 | 10/07/2022 | $0.69 |
| Dividend | 06/13/2022 | 07/08/2022 | $0.69 |
| Dividend | 03/11/2022 | 04/07/2022 | $0.69 |
| Dividend | 12/13/2021 | 01/07/2022 | $0.69 |
| Dividend | 09/13/2021 | 10/07/2021 | $0.65 |
| Dividend | 06/11/2021 | 07/07/2021 | $0.65 |
| Dividend | 03/11/2021 | 04/07/2021 | $0.62 |
| Dividend | 12/11/2020 | 01/08/2021 | $0.62 |
| Dividend | 09/11/2020 | 10/07/2020 | $0.58 |
| Dividend | 06/11/2020 | 07/07/2020 | $0.58 |
| Dividend | 03/12/2020 | 04/07/2020 | $0.58 |
| Dividend | 12/12/2019 | 01/08/2020 | $0.58 |
| Dividend | 09/12/2019 | 10/07/2019 | $0.52 |
| Dividend | 06/13/2019 | 07/08/2019 | $0.52 |
| Dividend | 03/13/2019 | 04/05/2019 | $0.52 |
| Dividend | 12/13/2018 | 01/08/2019 | $0.52 |
| Dividend | 09/13/2018 | 10/05/2018 | $0.46 |
| Dividend | 06/13/2018 | 07/09/2018 | $0.46 |
| Dividend | 03/13/2018 | 04/06/2018 | $0.46 |
| Dividend | 12/13/2017 | 01/08/2018 | $0.46 |
| Dividend | 09/13/2017 | 10/06/2017 | $0.45 |
| Dividend | 06/12/2017 | 07/10/2017 | $0.45 |
| Dividend | 03/10/2017 | 04/07/2017 | $0.45 |
| Dividend | 12/12/2016 | 01/09/2017 | $0.45 |
About Merck & Company
- Sector
- Manufacturing
Questions about MRK
How much is MRK today?
MRK is at $144.53 (-3.19% on the day), last traded on 10/01/2026.
How much did MRK pay in dividends in 2025?
MRK paid $3.24 per share in 2025, a dividend yield of 3.08%.
When is the next MRK dividend?
The next announced payment is $0.85 per share on 10/07/2026.
What are the P/E and P/B of MRK?
MRK trades at a P/E of 112.38 and a P/B of 8.50.
How much did MRK return in 12 months?
MRK returned 73.97% in 12 months, with annualized volatility of 29.30% and a largest drawdown of -11.17%.