Total Debt
$49.12B
Net Debt
$43.41B
Merck & Co., Inc. currently has $49.12B in total debt. Net debt is $43.41B after cash offsets.
Financial Fundamentals
MRK • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-03-31 | 49.12 | 5.70 | 43.41 | 128.69 | 38.2% |
| 2025-12-31 | 50.53 | 14.56 | 35.97 | 136.87 | 36.9% |
| 2025-09-30 | 41.37 | 18.21 | 23.16 | 129.55 | 31.9% |
| 2025-06-30 | 35.40 | 8.62 | 26.78 | 117.52 | 30.1% |
| 2025-03-31 | 34.84 | 9.23 | 25.62 | 115.12 | 30.3% |
| 2024-12-31 | 38.27 | 13.69 | 24.58 | 117.11 | 32.7% |
| 2024-09-30 | 38.13 | 14.59 | 23.54 | 117.53 | 32.4% |
| 2024-06-30 | 37.79 | 11.35 | 26.43 | 112.63 | 33.6% |
| 2024-03-31 | 34.22 | 5.62 | 28.60 | 105.85 | 32.3% |
| 2023-12-31 | 36.27 | 7.09 | 29.18 | 106.67 | 34.0% |
| 2023-09-30 | 34.86 | 8.77 | 26.09 | 106.73 | 32.7% |
| 2023-06-30 | 36.91 | 6.38 | 30.53 | 104.47 | 35.3% |
| 2023-03-31 | 30.75 | 10.39 | 20.36 | 107.80 | 28.5% |
| 2022-12-31 | 31.98 | 13.19 | 18.79 | 109.16 | 29.3% |
| 2022-09-30 | 30.42 | 11.25 | 19.17 | 107.08 | 28.4% |
| 2022-06-30 | 31.66 | 10.13 | 21.54 | 107.09 | 29.6% |
| 2022-03-31 | 31.79 | 8.93 | 22.87 | 106.67 | 29.8% |
| 2021-12-31 | 34.63 | 8.10 | 26.54 | 105.69 | 32.8% |
| 2021-09-30 | 26.44 | 10.02 | 16.43 | 93.49 | 28.3% |
| 2021-06-30 | 26.52 | 8.57 | 17.95 | 90.69 | 29.2% |
| 2021-03-31 | 31.25 | 6.98 | 24.27 | 90.85 | 34.4% |
| 2020-12-31 | 33.42 | 8.05 | 25.37 | 91.59 | 36.5% |
| 2020-09-30 | 28.74 | 7.36 | 21.39 | 89.80 | 32.0% |
| 2020-06-30 | 30.87 | 11.10 | 19.77 | 90.61 | 34.1% |
| 2020-03-31 | 28.00 | 7.43 | 20.57 | 84.91 | 33.0% |
| 2019-12-31 | 27.35 | 10.45 | 16.90 | 84.40 | 32.4% |
| 2019-09-30 | 27.11 | 8.02 | 19.09 | 83.33 | 32.5% |
| 2019-06-30 | 27.59 | 7.11 | 20.48 | 83.97 | 32.9% |
| 2019-03-31 | 26.97 | 8.80 | 18.17 | 82.35 | 32.7% |
| 2018-12-31 | 25.11 | 8.86 | 16.25 | 82.64 | 30.4% |
| 2018-09-30 | 23.59 | 10.29 | 13.31 | 85.13 | 27.7% |
| 2018-06-30 | 23.34 | 7.59 | 15.74 | 85.04 | 27.4% |
| 2018-03-31 | 23.56 | 7.35 | 16.21 | 86.04 | 27.4% |
| 2017-12-31 | 24.41 | 8.50 | 15.91 | 87.87 | 27.8% |
| 2017-09-30 | 27.00 | 11.20 | 15.80 | 91.68 | 29.4% |
| 2017-06-30 | 24.89 | 11.97 | 12.92 | 92.80 | 26.8% |
| 2017-03-31 | 28.47 | 15.25 | 13.22 | 96.56 | 29.5% |
| 2016-12-31 | 24.84 | 14.34 | 10.50 | 95.38 | 26.0% |
| 2016-09-30 | 25.14 | 13.07 | 12.08 | 98.33 | 25.6% |
| 2016-06-30 | 24.29 | 11.83 | 12.45 | 96.47 | 25.2% |
| 2016-03-31 | 25.77 | 12.94 | 12.83 | 98.75 | 26.1% |
| 2015-12-31 | 26.41 | 13.43 | 12.98 | 101.68 | 26.0% |
| 2015-09-30 | 26.67 | 12.09 | 14.58 | 101.23 | 26.3% |
| 2015-06-30 | 26.55 | 11.37 | 15.18 | 102.58 | 25.9% |
| 2015-03-31 | 30.23 | 15.60 | 14.63 | 108.34 | 27.9% |
| 2014-12-31 | 21.40 | 15.72 | 5.68 | 98.17 | 21.8% |
| 2014-09-30 | 27.84 | 14.35 | 13.49 | 101.81 | 27.3% |
| 2014-06-30 | 23.07 | 13.39 | 9.67 | 97.86 | 23.6% |
| 2014-03-31 | 28.15 | 20.51 | 7.63 | 108.46 | 26.0% |
| 2013-12-31 | 25.06 | 17.49 | 7.57 | 105.64 | 23.7% |
| 2013-09-30 | 26.62 | 18.17 | 8.45 | 106.42 | 25.0% |
| 2013-06-30 | 28.11 | 18.10 | 10.01 | 106.88 | 26.3% |
| 2013-03-31 | 20.82 | 16.02 | 4.80 | 106.20 | 19.6% |
| 2012-12-31 | 20.57 | 16.14 | 4.43 | 106.13 | 19.4% |
| 2012-09-30 | 19.60 | 18.12 | 1.48 | 106.30 | 18.4% |
| 2012-06-30 | 18.98 | 17.45 | 1.53 | 105.53 | 18.0% |
| 2012-03-31 | 18.16 | 15.57 | 2.59 | 105.51 | 17.2% |
| 2011-12-31 | 17.52 | 14.97 | 2.54 | 105.13 | 16.7% |
| 2011-09-30 | 18.15 | 15.58 | 2.57 | 106.53 | 17.0% |
| 2011-06-30 | 18.31 | 13.98 | 4.33 | 106.19 | 17.2% |
| 2011-03-31 | 17.85 | 13.03 | 4.82 | 105.86 | 16.9% |
| 2010-12-31 | 17.88 | 12.20 | 5.68 | 105.78 | 16.9% |
| 2010-09-30 | 18.15 | 10.62 | 7.52 | 107.84 | 16.8% |
| 2010-06-30 | 17.98 | 9.94 | 8.04 | 106.17 | 16.9% |
| 2010-03-31 | 19.10 | 9.78 | 9.33 | 111.59 | 17.1% |
| 2009-12-31 | 17.47 | 9.60 | 7.87 | 112.31 | 15.6% |
| 2009-09-30 | 9.07 | 22.26 | -13.18Net Cash | 48.74 | 18.6% |
| 2009-06-30 | 10.68 | 16.93 | -6.25Net Cash | 49.41 | 21.6% |
| 2009-03-31 | 6.74 | 12.58 | -5.84Net Cash | 46.54 | 14.5% |
| 2008-12-31 | 6.24 | 5.49 | 0.75 | 47.20 | 13.2% |
| 2008-09-30 | 6.93 | 6.84 | 0.09 | 48.55 | 14.3% |
| 2008-06-30 | 5.11 | 9.99 | -4.87Net Cash | 47.46 | 10.8% |
| 2008-03-31 | 4.39 | 9.16 | -4.78Net Cash | 47.04 | 9.3% |
| 2007-12-31 | 5.74 | 8.23 | -2.49Net Cash | 48.35 | 11.9% |
| 2007-09-30 | 5.85 | 7.39 | -1.54Net Cash | 45.70 | 12.8% |
| 2007-06-30 | 6.30 | 5.50 | 0.80 | 44.18 | 14.3% |
| 2007-03-31 | 6.48 | 4.06 | 2.42 | 42.99 | 15.1% |
| 2006-12-31 | 6.84 | 8.71 | -1.88Net Cash | 44.57 | 15.3% |
| 2006-09-30 | 5.99 | 9.09 | -3.10Net Cash | 43.72 | 13.7% |
| 2006-06-30 | 6.46 | 10.46 | -4.00Net Cash | 43.48 | 14.9% |
| 2006-03-31 | 6.71 | 12.40 | -5.69Net Cash | 43.42 | 15.5% |
| 2005-12-31 | 8.10 | 15.64 | -7.54Net Cash | 44.85 | 18.1% |
| 2005-09-30 | 7.32 | 14.03 | -6.71Net Cash | 43.83 | 16.7% |
| 2005-06-30 | 7.17 | 13.03 | -5.86Net Cash | 43.01 | 16.7% |
| 2005-03-31 | 7.27 | 9.44 | -2.17Net Cash | 43.12 | 16.9% |
| 2004-12-31 | 6.87 | 7.09 | -0.22Net Cash | 42.57 | 16.1% |
| 2004-09-30 | 6.59 | 6.96 | -0.37Net Cash | 42.87 | 15.4% |
| 2004-06-30 | 6.61 | 6.18 | 0.43 | 41.85 | 15.8% |
| 2004-03-31 | 6.88 | 5.31 | 1.56 | 41.67 | 16.5% |
| 2003-12-31 | 6.80 | 4.17 | 2.62 | 40.59 | 16.7% |
| 2003-09-30 | 9.67 | 6.29 | 3.38 | 42.59 | 22.7% |
| 2003-06-30 | 10.16 | 5.72 | 4.45 | 50.01 | 20.3% |
| 2003-03-31 | 9.81 | 5.14 | 4.67 | 48.95 | 20.0% |
| 2002-12-31 | 8.55 | 4.97 | 3.58 | 47.56 | 18.0% |
| 2002-09-30 | 9.71 | 3.99 | 5.73 | 47.34 | 20.5% |
| 2002-06-30 | 9.71 | 3.11 | 6.60 | 45.96 | 21.1% |
| 2002-03-31 | 9.94 | 4.51 | 5.43 | 45.47 | 21.8% |
| 2001-12-31 | 8.87 | 3.29 | 5.58 | 44.02 | 20.1% |
| 2001-09-30 | 9.45 | 3.85 | 5.61 | 43.71 | 21.6% |
| 2001-06-30 | 9.42 | 3.96 | 5.46 | 41.75 | 22.6% |
| 2001-03-31 | 7.40 | 4.00 | 3.40 | 40.23 | 18.4% |
| 2000-12-31 | 6.92 | 4.25 | 2.67 | 39.91 | 17.3% |
| 2000-09-30 | 6.61 | 2.84 | 3.78 | 38.01 | 17.4% |
| 2000-06-30 | 7.22 | 3.91 | 3.31 | 37.44 | 19.3% |
| 2000-03-31 | 5.80 | 3.29 | 2.51 | 35.78 | 16.2% |
| 1999-12-31 | 6.00 | 3.20 | 2.80 | 35.63 | 16.8% |
| 1999-09-30 | 4.81 | 3.78 | 1.03 | 34.59 | 13.9% |
| 1999-06-30 | 3.83 | 2.27 | 1.56 | 33.21 | 11.5% |
| 1999-03-31 | 3.85 | 1.79 | 2.06 | 32.29 | 11.9% |
| 1998-12-31 | 3.85 | 2.61 | 1.24 | 31.85 | 12.1% |
| 1998-09-30 | 3.59 | 2.43 | 1.16 | 31.16 | 11.5% |
| 1998-06-30 | 2.89 | 1.42 | 1.47 | 27.49 | 10.5% |
| 1998-03-31 | 2.50 | 1.60 | 0.91 | 26.40 | 9.5% |
| 1997-12-31 | 2.25 | 1.13 | 1.12 | 25.74 | 8.7% |
| 1997-09-30 | 2.28 | 1.28 | 0.99 | 25.90 | 8.8% |
| 1997-06-30 | 2.22 | 1.59 | 0.64 | 25.63 | 8.7% |
| 1997-03-31 | 1.71 | 1.74 | -0.03Net Cash | 24.73 | 6.9% |
| 1996-12-31 | 1.76 | 1.35 | 0.41 | 24.29 | 7.3% |
| 1996-09-30 | 2.18 | 1.34 | 0.84 | 23.98 | 9.1% |
| 1996-06-30 | 1.84 | 1.69 | 0.15 | 23.25 | 7.9% |