TTM
13.6%
YoY change
+1.44pp
Trough year (2023)
0.6%
Peak year (2009)
47.0%
Latest annual
28.1%
Net Profit Margin history chart for Merck & Co. (MRK) from 1985 to 2025
Latest: 28.1%
Net Profit Margin change chart for Merck & Co. (MRK) from 1985 to 2025
Latest: +1.44pp
Net Profit Margin history table for Merck & Co. (MRK) from 1985 to 2025
| 2025 | 28.1% | +1.44pp | ||
| 2024 | 26.7% | +26.07pp | ||
| 2023 | 0.6% | -23.88pp | ||
| 2022 | 24.5% | -2.30pp | ||
| 2021 | 26.8% | +9.77pp | ||
| 2020 | 17.0% | -8.14pp | ||
| 2019 | 25.2% | +10.45pp | ||
| 2018 | 14.7% | +8.74pp | ||
| 2017 | 6.0% | -3.88pp | ||
| 2016 | 9.8% | -1.40pp | ||
| 2015 | 11.2% | -16.98pp | ||
| 2014 | 28.2% | +18.22pp | ||
| 2013 | 10.0% | -3.05pp | ||
| 2012 | 13.0% | -0.00pp | ||
| 2011 | 13.1% | +11.18pp | ||
| 2010 | 1.9% | -45.16pp | ||
| 2009 | 47.0% | +14.29pp | ||
| 2008 | 32.7% | +19.20pp | ||
| 2007 | 13.5% | -6.05pp | ||
| 2006 | 19.6% | -1.45pp | ||
| 2005 | 21.0% | -4.34pp | ||
| 2004 | 25.4% | -5.00pp | ||
| 2003 | 30.4% | -2.96pp | ||
| 2002 | 33.3% | -1.01pp | ||
| 2001 | 34.3% | +17.45pp | ||
| 2000 | 16.9% | -1.11pp | ||
| 1999 | 18.0% | -1.51pp | ||
| 1998 | 19.5% | -0.01pp | ||
| 1997 | 19.5% | -0.05pp | ||
| 1996 | 19.6% | -0.42pp | ||
| 1995 | 20.0% | -0.03pp | ||
| 1994 | 20.0% | -0.61pp | ||
| 1993 | 20.6% | +0.10pp | ||
| 1992 | 20.5% | -4.13pp | ||
| 1991 | 24.7% | +1.44pp | ||
| 1990 | 23.2% | +0.39pp | ||
| 1989 | 22.8% | +2.51pp | ||
| 1988 | 20.3% | +2.41pp | ||
| 1987 | 17.9% | +1.54pp | ||
| 1986 | 16.4% | +1.15pp | ||
| 1985 | 15.2% | — |
- 202528.1%+1.44pp
- 202426.7%+26.07pp
- 20230.6%-23.88pp
- 202224.5%-2.30pp
- 202126.8%+9.77pp
- 202017.0%-8.14pp
- 201925.2%+10.45pp
- 201814.7%+8.74pp
- 20176.0%-3.88pp
- 20169.8%-1.40pp
- 201511.2%-16.98pp
- 201428.2%+18.22pp
- 201310.0%-3.05pp
- 201213.0%-0.00pp
- 201113.1%+11.18pp
- 20101.9%-45.16pp
- 200947.0%+14.29pp
- 200832.7%+19.20pp
- 200713.5%-6.05pp
- 200619.6%-1.45pp
- 200521.0%-4.34pp
- 200425.4%-5.00pp
- 200330.4%-2.96pp
- 200233.3%-1.01pp
- 200134.3%+17.45pp
- 200016.9%-1.11pp
- 199918.0%-1.51pp
- 199819.5%-0.01pp
- 199719.5%-0.05pp
- 199619.6%-0.42pp
- 199520.0%-0.03pp
- 199420.0%-0.61pp
- 199320.6%+0.10pp
- 199220.5%-4.13pp
- 199124.7%+1.44pp
- 199023.2%+0.39pp
- 198922.8%+2.51pp
- 198820.3%+2.41pp
- 198717.9%+1.54pp
- 198616.4%+1.15pp
- 198515.2%—
Net Profit Margin values are taken from Merck & Co.'s reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Profit Margin at Merck & Co. (MRK)
According to Merck & Co.'s latest reported financial statements, the company's latest reported net margin is 13.6%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Merck & Co. (MRK) reported net margin of 28.12% – expanded 1.4 percentage points year-over-year.
The record annual net margin stands at 47.03%, reached in 2009; the historical low of 0.61% was recorded in 2023.
Merck & Co. Net Profit Margin by Year
Merck & Co. Net Profit Margin 2025: 28.1%
In 2025, Merck & Co. reported net margin of 28.12%, expanded 1.4 percentage points from 2024.
Merck & Co. Net Profit Margin 2024: 26.7%
Merck & Co. net margin in 2024 was 26.68%, expanded 26.1 percentage points from 2023.
Merck & Co. Net Profit Margin 2023: 0.6%
2023's net margin for Merck & Co. came in at 0.61%, contracted 23.9 percentage points from 2022. This figure represents the lowest annual value in the available history.
Merck & Co. Net Profit Margin 2022: 24.5%
Merck & Co. posted net margin of 24.49% in 2022, contracted 2.3 percentage points from 2021.
Merck & Co. Net Profit Margin 2021: 26.8%
Merck & Co. net margin in 2021 was 26.79%.
See more financial history for Merck & Co. (MRK).
Sector peers by Net Profit Margin
Healthcare peers of Merck & Co. (MRK), ranked by their latest net margin
| 37.2% | |
| 35.0% | |
| 21.4% | |
| 20.9% | |
| 17.2% | |
| 15.2% | |
| 5.8% | |
| 2.7% |
- 37.2%
- 35.0%
- 20.9%
- 17.2%
- 5.8%
Frequently asked questions
Merck & Co. (MRK) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation