FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
7Y

Three-Statement Breakdown

MRK
2026-06-30 · figures in $M

NET DEBT UP

Net debt rose 46% to $34.7B — the highest of its last 7 readings.

CASH +10.0%
14,565
TOTAL DEBT +32.9%
49,300
NET DEBT +45.6%
34,735
NET DEBT / ANN. EBITDA —
— AMBIGUOUS D&A
Balance sheet FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY
Cash & equivalents
RESTATED · WAS 8,062 10-Q
9,676 8,050 8,096 12,694 6,841 13,242 14,565 +10.0%
Accounts receivable
RESTATED · WAS 7,851 10-Q
6,778 6,803 9,230 9,450 10,349 10,278 11,775 +14.6%
Inventories
RESTATED · WAS 6,310 10-Q
5,978 5,554 5,953 5,911 6,358 6,109 6,658 +9.0%
Other current assets
RESTATED · WAS 5,541 10-Q
4,277 4,674 6,987 7,169 8,368 8,706 10,518 +20.8%
Total current assets
10-Q
27,483 27,764 30,266 35,722 32,168 38,782 43,516 +12.2%
Current ratio
10-Q
1.24× 1.02× 1.27× 1.47× 1.25× 1.36× 1.54× +12.6%
Goodwill
RESTATED · WAS 20,238 10-Q
18,069 18,882 21,264 21,204 21,197 21,668 21,579 -0.4%
Property, plant & equipment
RESTATED · WAS 17,986 10-Q
14,297 17,000 19,279 21,422 23,051 23,779 25,316 +6.5%
Total assets
10-Q
84,397 91,588 105,694 109,160 106,675 117,106 136,866 +16.9%
Return on assets (annualized)
10-Q
11.7% 7.7% 12.3% 13.3% 0.3% 14.6% 13.3% -8.8%
Accounts payable
RESTATED · WAS 4,594 10-Q
3,738 4,327 4,609 4,264 3,922 4,079 4,404 +8.0%
Short-term debt
10-Q
3,610 6,431 2,412 1,946 1,372 2,649 2,589 -2.3%
Total current liabilities
10-Q
22,220 27,327 23,872 24,239 25,694 28,420 28,327 -0.3%
Long-term debt
10-Q
22,736 25,360 30,690 28,745 33,683 34,462 46,750 +35.7%
Total liabilities
58,396 66,184 67,437 63,102 69,040 70,734 84,204 +19.0%
Net debt
16,624 23,750 25,004 18,006 28,259 23,858 34,735 +45.6%
Stockholders' equity
10-Q
26,001 25,404 38,257 46,058 37,635 46,372 52,662 +13.6%

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · NET DEBT · QoQ BRIDGE
FROM23,858 TOTAL DEBT+12,200 CASH & EQUIVALENTS-1,323 TO34,735
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-07 ↗