Merck & Co., Inc.
MRK Health Care · Pharmaceuticals & BiotechnologyEach grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
▼−52 over range · as of 2026-06-30
Revenue +5.1% YoY, earnings -130.2% YoY · sector avg 66
▼−28 over range · as of 2026-06-30
-8.0% net margin, 8% return on equity, 24% free-cash-flow margin, profitable in 6 of last 8 quarters · sector avg 45
▼−1 over range · as of 2026-06-30
1.3x current ratio · sector avg 65
Trailing twelve months · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $66.6B +1.2% Gross margin 73.0% −0.9pp Operating margin — — Net margin 4.8% −8.8pp Net income $3.2B −64.5%Filings
TTM 21-09 → TTM 26-06 · following the period bar 17 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | 10-Q Q1 2021 | 10-Q Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021 |
| 2020 | no filing | no filing | no filing | 10-K FY 2020 |
All 17 filings
10-Q Q2 2024 2024-08-05 Pro → 10-Q Q1 2024 2024-05-03 Pro → 10-Q Q3 2023 2023-11-03 Pro → 10-Q Q2 2023 2023-08-07 Pro → 10-Q Q1 2023 2023-05-05 Pro → 10-Q Q3 2022 2022-11-03 Pro → 10-Q Q2 2022 2022-08-05 Pro → 10-Q Q1 2022 2022-05-05 Pro → 10-Q Q3 2021 2021-11-05 Pro → 10-Q Q2 2021 2021-08-09 Pro → 10-Q Q1 2021 2021-05-05 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| TTM 21-09 | 2021-09-30 | $44.4B |
| TTM 21-12 | 2021-12-31 | $48.7B |
| TTM 22-03 | 2022-03-31 | $54.0B |
| TTM 22-06 | 2022-06-30 | $57.2B |
| TTM 22-09 | 2022-09-30 | $59.0B |
| TTM 22-12 | 2022-12-31 | $59.3B |
| TTM 23-03 | 2023-03-31 | $57.9B |
| TTM 23-06 | 2023-06-30 | $58.3B |
| TTM 23-09 | 2023-09-30 | $59.3B |
| TTM 23-12 | 2023-12-31 | $60.1B |
| TTM 24-03 | 2024-03-31 | $61.4B |
| TTM 24-06 | 2024-06-30 | $62.5B |
| TTM 24-09 | 2024-09-30 | $63.2B |
| TTM 24-12 | 2024-12-31 | $64.2B |
| TTM 25-03 | 2025-03-31 | $63.9B |
| TTM 25-06 | 2025-06-30 | $63.6B |
| TTM 25-09 | 2025-09-30 | $64.2B |
| TTM 25-12 | 2025-12-31 | $65.0B |
| TTM 26-03 | 2026-03-31 | $65.8B |
| TTM 26-06 | 2026-06-30 | $66.6B |
| Period | Period end | Net income |
|---|---|---|
| TTM 21-09 | 2021-09-30 | $7.2B |
| TTM 21-12 | 2021-12-31 | $13.0B |
| TTM 22-03 | 2022-03-31 | $14.2B |
| TTM 22-06 | 2022-06-30 | $16.6B |
| TTM 22-09 | 2022-09-30 | $15.3B |
| TTM 22-12 | 2022-12-31 | $14.5B |
| TTM 23-03 | 2023-03-31 | $13.0B |
| TTM 23-06 | 2023-06-30 | $3.1B |
| TTM 23-09 | 2023-09-30 | $4.6B |
| TTM 23-12 | 2023-12-31 | $365.0M |
| TTM 24-03 | 2024-03-31 | $2.3B |
| TTM 24-06 | 2024-06-30 | $13.7B |
| TTM 24-09 | 2024-09-30 | $12.1B |
| TTM 24-12 | 2024-12-31 | $17.1B |
| TTM 25-03 | 2025-03-31 | $17.4B |
| TTM 25-06 | 2025-06-30 | $16.4B |
| TTM 25-09 | 2025-09-30 | $19.0B |
| TTM 25-12 | 2025-12-31 | $18.3B |
| TTM 26-03 | 2026-03-31 | $8.9B |
| TTM 26-06 | 2026-06-30 | $3.2B |
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| TTM 21-09 | 2021-09-30 | not scored | not scored | not scored |
| TTM 21-12 | 2021-12-31 | not scored | not scored | not scored |
| TTM 22-03 | 2022-03-31 | not scored | not scored | not scored |
| TTM 22-06 | 2022-06-30 | not scored | not scored | not scored |
| TTM 22-09 | 2022-09-30 | not scored | not scored | not scored |
| TTM 22-12 | 2022-12-31 | not scored | not scored | not scored |
| TTM 23-03 | 2023-03-31 | not scored | not scored | not scored |
| TTM 23-06 | 2023-06-30 | not scored | not scored | not scored |
| TTM 23-09 | 2023-09-30 | 68 | 57 | 39 |
| TTM 23-12 | 2023-12-31 | 27 | 19 | 33 |
| TTM 24-03 | 2024-03-31 | 77 | 49 | 30 |
| TTM 24-06 | 2024-06-30 | 79 | 64 | 48 |
| TTM 24-09 | 2024-09-30 | 30 | 60 | 41 |
| TTM 24-12 | 2024-12-31 | 73 | 64 | 46 |
| TTM 25-03 | 2025-03-31 | 36 | 69 | 43 |
| TTM 25-06 | 2025-06-30 | 12 | 69 | 50 |
| TTM 25-09 | 2025-09-30 | 57 | 64 | 55 |
| TTM 25-12 | 2025-12-31 | 21 | 71 | 48 |
| TTM 26-03 | 2026-03-31 | 15 | 38 | 34 |
| TTM 26-06 | 2026-06-30 | 17 | 29 | 38 |