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112.56 USD
P/E
31.71
EPS
3.55
Yield
2.98%
Safety Score
61
P/B
6.06
ROE
18.94
Beta
0.20
Target Price
129.74 USD
Merck & Co., Inc. logo

Merck & Co., Inc.

🧾 Earnings Recap – Q1 2026

Merck reported year-over-year growth, highlighting progress in oncology, new product launches, and pipeline advancements. The stock finished up 1.1% after earnings, signaling a steady market reaction as investors digested continued pipeline development and a stable outlook.

  • Revenue reached $16.3 billion for the quarter, supported by strength in oncology, animal health, and new product contributions.
  • Product pipeline saw notable milestones, including FDA approval of IDVYNSO for HIV-1 and priority review for I-DXd in small cell lung cancer.
  • The company launched NUMELVI in animal health and announced the pending acquisition of Terns Pharmaceuticals (TERN-701 for chronic myeloid leukemia).
  • Merck is in the process of launching over 20 new products, with management emphasizing a reorganized commercial business unit structure to execute the strategy.
  • Management reiterated confidence in the outlook for 2026 and highlighted investments in AI partnerships to advance R&D.
📅
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Key Metrics
Earnings dateAug. 4, 2026
P/E31.71
EPS3.55
Book Value18.58
Price to Book6.06
Debt/Equity106.94
% Insiders0.061%
Growth
Revenue Growth0.05%
Earnings Growth-0.19%
Estimates
Forward P/E11.77
Forward EPS9.57
Target Mean Price129.74
Dividend
Dividend Yield2.98%
Annual dividends3.32 USD
Ex-Div. DateMarch 16, 2026
Payout92.12%
5y avg Yield2.95%

DCF Valuation

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DCF Result

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Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

Merck & Co., Inc. Logo Merck & Co., Inc. Analysis (MRK)

United States Health Care Official Website Stock

Is Merck & Co., Inc. a good investment? Merck & Co., Inc. (MRK) is currently trading at 112.56 USD. Market analysts have a consensus price target of 129.74 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 31.71. This high multiple suggests investors have priced in significant future growth expectations.

Earnings Schedule: Merck & Co., Inc. is expected to release its next earnings report on Aug. 4, 2026. The market consensus estimate for Forward EPS is 9.57.

For income investors, Merck & Co., Inc. pays a dividend yield of 2.98%. With a payout ratio of 92%, the dividend appears to be under pressure.

Investor FAQ

Does Merck & Co., Inc. pay a dividend?

Yes, it pays an annual dividend of 3.32 USD (2.98% yield).

What asset class is Merck & Co., Inc.?

Merck & Co., Inc. is classified as a Stock. You can compare it against 7 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be Aug. 4, 2026. The company currently has a trailing EPS of 3.55.

Company Profile

Merck & Co., Inc. operates as a healthcare company worldwide. It offers human health pharmaceutical for various areas under the Keytruda, Keytruda Qlex, Welireg, Gardasil, ProQuad, M-M-R II, Varivax, Vaxneuvance, Capvaxive, RotaTeq, Pneumovax 23, Bridion, Prevymis, Dificid, Zerbaxa, Winrevair, Adempas/ Verquvo, Ohtuvayre, Lagevrio, Isentress/Isentress HD, Delstrigo, Pifeltro, Belsomra, Januvia, and Janumet brands. The company also provides veterinary pharmaceuticals, vaccines and health management solutions and services, such as livestock products under the Nuflor, Bovilis/Vista, Bovilis Cryptium, Banamine, Estrumate, Matrix, Resflor, Zuprevo, Revalor, Safe-Guard, M+Pac, Porcilis, Circumvent, Nobilis/Innovax, Paracox and Coccivac, Exzolt, Slice, Imvixa, Clynav, Aquavac/Norvax, Aquaflor, Flexolt brands; Allflex Livestock Intelligence solutions; and companion animal products under the Bravecto One-Month, Bravecto Injectable/Quantum, Bravecto TriUNO, Bravecto Plus, Sentinel Spectrum, Sentinel Flavor Tabs, Numelvi, Optimmune, Nobivac NXT, GilvetMab, Otomax, Mometamax, Mometamax Ultra, Posatex, Caninsulin/Vetsulin, Panacur, Safeguard, Regumate, Prestige, Scalibor/Exspot, Sure Petcare, and Home Again brands. It has development and commercialization agreement for three of Daiichi Sankyo's deruxtecan ADC candidates; AstraZeneca PLC to co-development and co-commercialize AstraZeneca's Lynparza products for multiple cancer types; licensed to develop, manufacture and commercialize LM-299, a novel investigational PD-1/VEGF bispecific antibody from LaNova; and collaboration agreement with Eisai Co., Ltd., Bayer AG, and Ridgeback Biotherapeutics LP, as well Moderna, Inc. Merck & Co., Inc. has strategic collaboration with Infinimmune, Inc. to discover and develop antibodies against multiple therapeutic targets. The company was founded in 1891 and is headquartered in Rahway, New Jersey.

Exchange Ticker
BUE (Argentina) MRK.BA
SGO (Chile) MRK.SN
SAO (Brazil) MRCK34.SA
MEX (Mexico) MRK.MX
VIE (Austria) MRK.VI
None 6MK.DE
NYQ (United States) MRK
Dividend Yield

2.98% (5y avg: 2.95%)

Annual Dividends

3.32 USD

Next ex. div date

March 16, 2026

Payout Ratio

92.12%

Historical Dividends
Year Total Dividends
2027 1.82 USD
2026 3.44 USD
2025 3.24 USD
2024 3.08 USD
2023 2.92 USD
2022 2.76 USD
2021 2.54 USD
2020 2.33 USD
2019 2.10 USD
2018 1.83 USD
2017 1.79 USD
2016 1.76 USD
2015 1.72 USD
2014 1.68 USD
2013 1.64 USD
2012 1.60 USD
2011 1.45 USD
2010 1.45 USD
2009 1.45 USD
2008 1.45 USD
2007 1.45 USD
2006 1.45 USD
2005 1.45 USD
2004 1.42 USD
2003 4.13 USD
2002 1.35 USD
2001 1.31 USD
2000 1.15 USD
1999 1.05 USD
1998 0.90 USD
1997 0.81 USD
1996 0.68 USD
1995 0.59 USD
1994 0.54 USD
1993 0.49 USD
1992 0.44 USD
1991 0.37 USD
1990 0.30 USD
1989 0.26 USD
1988 0.19 USD
1987 0.13 USD
1986 0.08 USD
1985 0.09 USD
1984 0.08 USD
1983 0.08 USD
1982 0.07 USD
1981 0.07 USD
1980 0.06 USD
1979 0.05 USD
1978 0.05 USD
1977 0.04 USD
1976 0.04 USD
1975 0.04 USD
1974 0.03 USD
1973 0.03 USD
1972 0.02 USD
1971 0.03 USD
1970 0.02 USD
1969 0.03 USD
1968 0.02 USD
1967 0.02 USD
1966 0.02 USD
1965 0.02 USD
1964 0.01 USD
1963 0.01 USD
1962 0.01 USD

Yearly aggregated dividends

Dividends

Merck & Co., Inc.
Apr 07, 2026 Paid
Dividend
0.85 USD
Merck & Co., Inc.
Jan 08, 2026 Paid
Dividend
0.85 USD
Merck & Co., Inc.
Oct 07, 2025 Paid
Dividend
0.81 USD
Merck & Co., Inc.
Jul 08, 2025 Paid
Dividend
0.81 USD

Historical Split Corporate Actions

Split Date Split Ratio to 1
June 3, 2021 1.050000
Feb. 17, 1999 2.000000
May 26, 1992 3.000000
May 26, 1988 3.000000
May 27, 1986 2.000000
June 1, 1972 2.000000
May 27, 1964 3.000000
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