67/100B146.710
USD
-0.21
(-0.14%)
Pre Open·149.010USD+2.300(+1.57%)
Last updated: · Delayed 15 min
Fair valueNot reliable
Q4 FY2026 · Earnings report
EPS estimate 1.78Revenue estimate 16.29B
Q4 FY2026 · Earnings report
EPS estimate 1.78Revenue estimate 16.29B
Merck & Co debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Merck & Co's debt to equity ratio is 1.20: total debt of 53.78B USD against shareholders' equity of 44.89B USD.
- Today
- 1.20
- Average, 5 years
- 0.87
- Low, 5 years
- 0.66
- High, 5 years
- 1.29
Debt to equity = total debt ÷ shareholders' equity = 53.78B ÷ 44.89B = 1.20
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 1.20 | 53.78B | 44.89B | |
| FY2025 | 31 Dec 2025 | 0.96 | 50.53B | 52.61B |
| FY2024 | 31 Dec 2024 | 0.83 | 38.27B | 46.31B |
| FY2023 | 31 Dec 2023 | 0.97 | 36.27B | 37.58B |
| FY2022 | 31 Dec 2022 | 0.70 | 31.99B | 45.99B |
| FY2021 | 31 Dec 2021 | 0.91 | 34.63B | 38.18B |
| FY2020 | 31 Dec 2020 | 1.32 | 33.42B | 25.32B |
| FY2019 | 31 Dec 2019 | 1.06 | 27.35B | 25.91B |
| FY2018 | 31 Dec 2018 | 0.94 | 25.11B | 26.70B |
| FY2017 | 31 Dec 2017 | 0.71 | 24.41B | 34.34B |
| FY2016 | 31 Dec 2016 | 0.62 | 24.84B | 40.09B |
| FY2015 | 31 Dec 2015 | 0.59 | 26.41B | 44.68B |
| FY2014 | 31 Dec 2014 | 0.44 | 21.40B | 48.65B |
| FY2013 | 31 Dec 2013 | 0.50 | 25.06B | 49.77B |
| FY2012 | 31 Dec 2012 | 0.39 | 20.57B | 53.02B |
| FY2011 | 31 Dec 2011 | 0.32 | 17.52B | 54.52B |
| FY2010 | 31 Dec 2010 | 0.33 | 17.88B | 54.38B |
| FY2009 | 31 Dec 2009 | 0.30 | 17.47B | 59.06B |
| FY2008 | 31 Dec 2008 | 0.33 | 6.24B | 18.76B |
| FY2007 | 31 Dec 2007 | 0.32 | 5.74B | 18.18B |
| FY2006 | 31 Dec 2006 | 0.39 | 6.84B | 17.56B |
| FY2005 | 31 Dec 2005 | 0.45 | 8.10B | 17.98B |
| FY2004 | 31 Dec 2004 | 0.40 | 6.87B | 17.29B |
| FY2003 | 31 Dec 2003 | 0.44 | 6.80B | 15.58B |
| FY2002 | 31 Dec 2002 | 0.47 | 8.55B | 18.20B |
| FY2001 | 31 Dec 2001 | 0.55 | 8.87B | 16.05B |
| FY2000 | 31 Dec 2000 | 0.47 | 6.92B | 14.83B |
| FY1999 | 31 Dec 1999 | 0.45 | 6.00B | 13.24B |
| FY1998 | 31 Dec 1998 | 0.30 | 3.85B | 12.80B |
| FY1997 | 31 Dec 1997 | 0.18 | 2.25B | 12.59B |
| FY1996 | 31 Dec 1996 | 0.15 | 1.76B | 11.97B |
| FY1995 | 31 Dec 1995 | 0.15 | 1.80B | 11.74B |
| FY1994 | 31 Dec 1994 | 0.12 | 1.29B | 11.14B |
| FY1993 | 31 Dec 1993 | 0.29 | 2.86B | 10.02B |
| FY1992 | 31 Dec 1992 | 0.26 | 1.32B | 5.00B |
| FY1991 | 31 Dec 1991 | 0.17 | 832.10M | 4.92B |
| FY1990 | 31 Dec 1990 | 0.24 | 917.10M | 3.83B |
| FY1989 | 31 Dec 1989 | 0.13 | 445.10M | 3.52B |
| FY1988 | 31 Dec 1988 | 0.21 | 601.60M | 2.86B |
| FY1987 | 31 Dec 1987 | 0.48 | 1.02B | 2.12B |
| FY1986 | 31 Dec 1986 | 0.21 | 540.40M | 2.57B |
| FY1985 | 31 Dec 1985 | 0.19 | 500.80M | 2.63B |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 1.20 | 53.78B | 44.89B |
| Q2 FY2026 | 30 Jun 2026 | 1.29 | 53.91B | 41.93B |
| Q1 FY2026 | 31 Mar 2026 | 1.07 | 49.12B | 45.88B |
| Q4 FY2025 | 31 Dec 2025 | 0.96 | 50.53B | 52.61B |
| Q3 FY2025 | 30 Sept 2025 | 0.80 | 41.37B | 51.85B |
| Q2 FY2025 | 30 Jun 2025 | 0.72 | 35.40B | 48.99B |
| Q1 FY2025 | 31 Mar 2025 | 0.72 | 34.84B | 48.34B |
| Q4 FY2024 | 31 Dec 2024 | 0.83 | 38.27B | 46.31B |
| Q3 FY2024 | 30 Sept 2024 | 0.86 | 38.13B | 44.50B |
| Q2 FY2024 | 30 Jun 2024 | 0.87 | 37.79B | 43.58B |
| Q1 FY2024 | 31 Mar 2024 | 0.85 | 34.22B | 40.36B |
| Q4 FY2023 | 31 Dec 2023 | 0.97 | 36.27B | 37.58B |
| Q3 FY2023 | 30 Sept 2023 | 0.85 | 34.86B | 41.25B |
| Q2 FY2023 | 30 Jun 2023 | 0.95 | 36.91B | 38.69B |
| Q1 FY2023 | 31 Mar 2023 | 0.66 | 30.75B | 46.83B |
| Q4 FY2022 | 31 Dec 2022 | 0.70 | 31.99B | 45.99B |
| Q3 FY2022 | 30 Sept 2022 | 0.68 | 30.42B | 44.46B |
| Q2 FY2022 | 30 Jun 2022 | 0.73 | 31.66B | 43.24B |
| Q1 FY2022 | 31 Mar 2022 | 0.78 | 31.79B | 40.88B |
| Q4 FY2021 | 31 Dec 2021 | 0.91 | 34.63B | 38.18B |
| Q3 FY2021 | 30 Sept 2021 | 0.74 | 26.44B | 35.79B |
| Q2 FY2021 | 30 Jun 2021 | 0.80 | 26.52B | 33.29B |
| Q1 FY2021 | 31 Mar 2021 | 1.16 | 31.25B | 26.95B |
| Q4 FY2020 | 31 Dec 2020 | 1.32 | 33.42B | 25.32B |
| Q3 FY2020 | 30 Sept 2020 | 0.98 | 28.74B | 29.19B |
| Q2 FY2020 | 30 Jun 2020 | 1.12 | 30.87B | 27.64B |
| Q1 FY2020 | 31 Mar 2020 | 1.07 | 28.00B | 26.21B |
| Q4 FY2019 | 31 Dec 2019 | 1.06 | 27.35B | 25.91B |
| Q3 FY2019 | 30 Sept 2019 | 1.01 | 27.11B | 26.84B |
| Q2 FY2019 | 30 Jun 2019 | 1.00 | 27.59B | 27.64B |
| Q1 FY2019 | 31 Mar 2019 | 0.98 | 26.97B | 27.54B |
| Q4 FY2018 | 31 Dec 2018 | 0.94 | 25.11B | 26.70B |
| Q3 FY2018 | 30 Sept 2018 | 0.73 | 23.59B | 32.42B |
| Q2 FY2018 | 30 Jun 2018 | 0.72 | 23.34B | 32.53B |
| Q1 FY2018 | 31 Mar 2018 | 0.70 | 23.56B | 33.67B |
| Q4 FY2017 | 31 Dec 2017 | 0.71 | 24.41B | 34.34B |
| Q3 FY2017 | 30 Sept 2017 | 0.71 | 27.00B | 38.25B |
| Q2 FY2017 | 30 Jun 2017 | 0.63 | 24.89B | 39.46B |
| Q1 FY2017 | 31 Mar 2017 | 0.71 | 28.47B | 39.84B |
| Q4 FY2016 | 31 Dec 2016 | 0.62 | 24.84B | 40.09B |
| Q3 FY2016 | 30 Sept 2016 | 0.57 | 25.14B | 43.74B |
| Q2 FY2016 | 30 Jun 2016 | 0.56 | 24.29B | 43.36B |
| Q1 FY2016 | 31 Mar 2016 | 0.59 | 25.77B | 43.81B |
| Q4 FY2015 | 31 Dec 2015 | 0.59 | 26.41B | 44.68B |
| Q3 FY2015 | 30 Sept 2015 | 0.58 | 26.67B | 45.59B |
| Q2 FY2015 | 30 Jun 2015 | 0.57 | 26.55B | 46.45B |
| Q1 FY2015 | 31 Mar 2015 | 0.63 | 30.23B | 47.77B |
| Q4 FY2014 | 31 Dec 2014 | 0.44 | 21.40B | 48.65B |
| Q3 FY2014 | 30 Sept 2014 | 0.62 | 27.84B | 45.22B |
| Q2 FY2014 | 30 Jun 2014 | 0.48 | 23.07B | 48.36B |
| Q1 FY2014 | 31 Mar 2014 | 0.56 | 28.15B | 49.98B |
| Q4 FY2013 | 31 Dec 2013 | 0.50 | 25.06B | 49.77B |
| Q3 FY2013 | 30 Sept 2013 | 0.56 | 26.62B | 47.42B |
| Q2 FY2013 | 30 Jun 2013 | 0.59 | 28.11B | 47.50B |
| Q1 FY2013 | 31 Mar 2013 | 0.39 | 20.83B | 53.03B |
| Q4 FY2012 | 31 Dec 2012 | 0.39 | 20.57B | 53.02B |
| Q3 FY2012 | 30 Sept 2012 | 0.35 | 19.60B | 55.75B |
| Q2 FY2012 | 30 Jun 2012 | 0.34 | 18.98B | 55.19B |
| Q1 FY2012 | 31 Mar 2012 | 0.33 | 18.16B | 54.86B |
| Q4 FY2011 | 31 Dec 2011 | 0.32 | 17.52B | 54.52B |
| Q3 FY2011 | 30 Sept 2011 | 0.33 | 18.15B | 55.14B |
| Q2 FY2011 | 30 Jun 2011 | 0.33 | 18.31B | 55.50B |
| Q1 FY2011 | 31 Mar 2011 | 0.33 | 17.85B | 54.38B |
| Q4 FY2010 | 31 Dec 2010 | 0.33 | 17.88B | 54.38B |
| Q3 FY2010 | 30 Sept 2010 | 0.33 | 18.15B | 55.59B |
| Q2 FY2010 | 30 Jun 2010 | 0.33 | 17.98B | 55.23B |
| Q1 FY2010 | 31 Mar 2010 | 0.33 | 19.10B | 57.88B |
| Q4 FY2009 | 31 Dec 2009 | 0.30 | 17.47B | 59.06B |
| Q3 FY2009 | 30 Sept 2009 | 0.40 | 9.07B | 22.91B |
| Q2 FY2009 | 30 Jun 2009 | 0.53 | 10.68B | 20.32B |
| Q1 FY2009 | 31 Mar 2009 | 0.34 | 6.74B | 19.56B |
| Q4 FY2008 | 31 Dec 2008 | 0.33 | 6.24B | 18.76B |
| Q3 FY2008 | 30 Sept 2008 | 0.35 | 6.93B | 19.57B |
| Q2 FY2008 | 30 Jun 2008 | 0.25 | 5.11B | 20.26B |
| Q1 FY2008 | 31 Mar 2008 | 0.22 | 4.39B | 19.52B |
| Q4 FY2007 | 31 Dec 2007 | 0.32 | 5.74B | 18.18B |
| Q3 FY2007 | 30 Sept 2007 | 0.28 | 5.85B | 20.72B |
| Q2 FY2007 | 30 Jun 2007 | 0.32 | 6.30B | 19.47B |
| Q1 FY2007 | 31 Mar 2007 | 0.35 | 6.48B | 18.48B |
| Q4 FY2006 | 31 Dec 2006 | 0.39 | 6.84B | 17.56B |
| Q3 FY2006 | 30 Sept 2006 | 0.31 | 5.99B | 19.29B |
| Q2 FY2006 | 30 Jun 2006 | 0.33 | 6.46B | 19.30B |
| Q1 FY2006 | 31 Mar 2006 | 0.36 | 6.71B | 18.85B |
| Q4 FY2005 | 31 Dec 2005 | 0.45 | 8.10B | 17.98B |
| Q3 FY2005 | 30 Sept 2005 | 0.41 | 7.32B | 17.78B |
| Q2 FY2005 | 30 Jun 2005 | 0.41 | 7.17B | 17.39B |
| Q1 FY2005 | 31 Mar 2005 | 0.41 | 7.27B | 17.65B |
| Q4 FY2004 | 31 Dec 2004 | 0.40 | 6.87B | 17.29B |
| Q3 FY2004 | 30 Sept 2004 | 0.38 | 6.59B | 17.31B |
| Q2 FY2004 | 30 Jun 2004 | 0.39 | 6.61B | 16.97B |
| Q1 FY2004 | 31 Mar 2004 | 0.42 | 6.88B | 16.27B |
| Q4 FY2003 | 31 Dec 2003 | 0.44 | 6.80B | 15.58B |
| Q3 FY2003 | 30 Sept 2003 | 0.63 | 9.67B | 15.31B |
| Q2 FY2003 | 30 Jun 2003 | 0.52 | 10.16B | 19.61B |
| Q1 FY2003 | 31 Mar 2003 | 0.52 | 9.81B | 18.88B |
| Q4 FY2002 | 31 Dec 2002 | 0.47 | 8.55B | 18.20B |
| Q3 FY2002 | 30 Sept 2002 | 0.55 | 9.71B | 17.53B |
| Q2 FY2002 | 30 Jun 2002 | 0.58 | 9.71B | 16.78B |
| Q1 FY2002 | 31 Mar 2002 | 0.60 | 9.94B | 16.45B |
| Q4 FY2001 | 31 Dec 2001 | 0.55 | 8.87B | 16.05B |
| Q3 FY2001 | 30 Sept 2001 | 0.62 | 9.45B | 15.36B |
| Q2 FY2001 | 30 Jun 2001 | 0.64 | 9.42B | 14.77B |
| Q1 FY2001 | 31 Mar 2001 | 0.50 | 7.40B | 14.86B |
| Q4 FY2000 | 31 Dec 2000 | 0.47 | 6.92B | 14.83B |
| Q3 FY2000 | 30 Sept 2000 | 0.49 | 6.61B | 13.52B |
| Q2 FY2000 | 30 Jun 2000 | 0.57 | 7.22B | 12.72B |
| Q1 FY2000 | 31 Mar 2000 | 0.48 | 5.80B | 12.10B |
| Q4 FY1999 | 31 Dec 1999 | 0.45 | 6.00B | 13.24B |
| Q3 FY1999 | 30 Sept 1999 | 0.37 | 4.81B | 12.86B |
| Q2 FY1999 | 30 Jun 1999 | 0.29 | 3.83B | 12.97B |
| Q1 FY1999 | 31 Mar 1999 | 0.29 | 3.85B | 13.34B |
| Q4 FY1998 | 31 Dec 1998 | 0.30 | 3.85B | 12.80B |
| Q3 FY1998 | 30 Sept 1998 | 0.29 | 3.59B | 12.56B |
| Q2 FY1998 | 30 Jun 1998 | 0.21 | 2.89B | 13.66B |
| Q1 FY1998 | 31 Mar 1998 | 0.19 | 2.50B | 13.15B |
| Q4 FY1997 | 31 Dec 1997 | 0.18 | 2.25B | 12.59B |
| Q3 FY1997 | 30 Sept 1997 | 0.18 | 2.28B | 12.83B |
| Q2 FY1997 | 30 Jun 1997 | 0.17 | 2.22B | 12.82B |
| Q1 FY1997 | 31 Mar 1997 | 0.14 | 1.71B | 12.43B |
| Q4 FY1996 | 31 Dec 1996 | 0.15 | 1.76B | 11.97B |
| Q3 FY1996 | 30 Sept 1996 | 0.19 | 2.18B | 11.40B |
| Q2 FY1996 | 30 Jun 1996 | 0.16 | 1.84B | 11.33B |
| Q1 FY1996 | 31 Mar 1996 | 0.18 | 2.09B | 11.66B |
| Q4 FY1995 | 31 Dec 1995 | 0.15 | 1.80B | 11.74B |
| Q3 FY1995 | 30 Sept 1995 | 0.15 | 1.73B | 11.52B |
| Q2 FY1995 | 30 Jun 1995 | 0.11 | 1.27B | 11.36B |
| Q1 FY1995 | 31 Mar 1995 | 0.12 | 1.30B | 11.05B |
| Q4 FY1994 | 31 Dec 1994 | 0.12 | 1.29B | 11.14B |
| Q3 FY1994 | 30 Sept 1994 | 0.18 | 2.07B | 11.26B |
| Q2 FY1994 | 30 Jun 1994 | 0.23 | 2.53B | 10.87B |
| Q1 FY1994 | 31 Mar 1994 | 0.24 | 2.53B | 10.41B |
| Q4 FY1993 | 31 Dec 1993 | 0.29 | 2.86B | 10.02B |
| Q3 FY1993 | 30 Sept 1993 | 0.22 | 1.15B | 5.27B |
| Q2 FY1993 | 30 Jun 1993 | 0.39 | 1.92B | 4.93B |
| Q1 FY1993 | 31 Mar 1993 | 0.28 | 1.47B | 5.17B |
| Q4 FY1992 | 31 Dec 1992 | 0.26 | 1.32B | 5.00B |
| Q3 FY1992 | 30 Sept 1992 | 0.26 | 1.44B | 5.47B |
| Q2 FY1992 | 30 Jun 1992 | 0.21 | 1.12B | 5.31B |
| Q1 FY1992 | 31 Mar 1992 | 0.16 | 807.70M | 5.11B |
| Q4 FY1991 | 31 Dec 1991 | 0.17 | 832.10M | 4.92B |
| Q3 FY1991 | 30 Sept 1991 | 0.23 | 1.06B | 4.65B |
| Q2 FY1991 | 30 Jun 1991 | 0.23 | 982.10M | 4.36B |
| Q1 FY1991 | 31 Mar 1991 | 0.21 | 866.30M | 4.06B |
| Q4 FY1990 | 31 Dec 1990 | 0.24 | 917.10M | 3.83B |
| Q3 FY1990 | 30 Sept 1990 | 0.22 | 839.60M | 3.73B |
| Q2 FY1990 | 30 Jun 1990 | 0.20 | 742.40M | 3.69B |
| Q1 FY1990 | 31 Mar 1990 | 0.16 | 558.80M | 3.49B |
| Q4 FY1989 | 31 Dec 1989 | 0.13 | 445.10M | 3.52B |
| Q3 FY1989 | 30 Sept 1989 | 0.03 | 102.00M | 3.33B |
| Q2 FY1989 | 30 Jun 1989 | — | — | — |
| Q1 FY1989 | 31 Mar 1989 | — | — | — |
| Q4 FY1988 | 31 Dec 1988 | 0.21 | 601.60M | 2.86B |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | 0.48 | 1.02B | 2.12B |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | 0.21 | 540.40M | 2.57B |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | 0.19 | 500.80M | 2.63B |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about Merck & Co's debt to equity
Source: Financial Modeling Prep