Stock Analysis on Net
Stock Analysis on Net

Merck & Co. Inc. (NYSE:MRK)

Debt to Equity
since 2005

Microsoft Excel

Calculation

Merck & Co. Inc., debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Total debt1 ÷ Total Merck & Co., Inc. stockholders’ equity1
Dec 31, 2023 0.93 = 35,055 ÷ 37,581
Dec 31, 2022 0.67 = 30,691 ÷ 45,991
Dec 31, 2021 0.87 = 33,102 ÷ 38,184
Dec 31, 2020 1.26 = 31,791 ÷ 25,317
Dec 31, 2019 1.02 = 26,346 ÷ 25,907
Dec 31, 2018 0.94 = 25,114 ÷ 26,701
Dec 31, 2017 0.71 = 24,410 ÷ 34,336
Dec 31, 2016 0.62 = 24,842 ÷ 40,088
Dec 31, 2015 0.59 = 26,514 ÷ 44,676
Dec 31, 2014 0.44 = 21,403 ÷ 48,647
Dec 31, 2013 0.50 = 25,060 ÷ 49,765
Dec 31, 2012 0.39 = 20,569 ÷ 53,020
Dec 31, 2011 0.32 = 17,515 ÷ 54,517
Dec 31, 2010 0.33 = 17,882 ÷ 54,376
Dec 31, 2009 0.30 = 17,454 ÷ 59,058
Dec 31, 2008 0.33 = 6,240 ÷ 18,758
Dec 31, 2007 0.32 = 5,739 ÷ 18,185
Dec 31, 2006 0.39 = 6,836 ÷ 17,560
Dec 31, 2005 0.45 = 8,098 ÷ 17,917

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

Merck & Co. Inc., debt to equity, long-term trends, comparison to competitors

Microsoft Excel
Merck & Co. Inc. AbbVie Inc. Amgen Inc. Bristol-Myers Squibb Co. Danaher Corp. Eli Lilly & Co. Gilead Sciences Inc. Johnson & Johnson Moderna Inc. Pfizer Inc. Regeneron Pharmaceuticals Inc. Thermo Fisher Scientific Inc.
Dec 31, 2023 0.93 5.73 10.37 1.35 0.34 2.34 1.09 0.43 0.04 0.81 0.10 0.75
Dec 31, 2022 0.67 3.67 10.64 1.27 0.39 1.52 1.19 0.52 0.06 0.37 0.12 0.78
Dec 31, 2021 0.87 4.98 4.97 1.24 0.49 1.88 1.27 0.46 0.05 0.50 0.14 0.85
Dec 31, 2020 1.26 6.58 3.51 1.34 0.53 2.94 1.73 0.56 0.05 0.63 0.24 0.63
Dec 31, 2019 1.02 — 3.09 0.91 0.72 5.88 1.09 0.47 0.03 0.83 0.06 0.60
Dec 31, 2018 0.94 — 2.71 0.52 0.35 1.30 1.28 0.51 0.03 0.66 0.08 0.69
Dec 31, 2017 0.71 7.33 1.40 0.68 0.40 1.18 1.64 0.57 — 0.60 0.11 0.83
Dec 31, 2016 0.62 7.95 1.16 0.41 0.53 0.74 1.39 0.39 — 0.71 0.11 0.77
Dec 31, 2015 0.59 8.03 1.12 0.47 0.54 0.55 1.20 0.28 — 0.60 0.10 0.59
Dec 31, 2014 0.44 8.62 1.19 0.53 0.15 0.52 0.80 0.27 — 0.51 0.18 0.71
Dec 31, 2013 0.50 3.28 1.45 0.55 0.16 0.30 0.58 0.25 — 0.48 0.26 0.62
Dec 31, 2012 0.39 4.66 1.39 0.54 0.28 0.37 0.88 0.25 — 0.46 0.37 0.46
Dec 31, 2011 0.32 — 1.13 0.34 0.31 0.52 1.13 0.34 — 0.47 0.90 0.47
Dec 31, 2010 0.33 — 0.56 0.35 0.21 0.56 0.59 0.30 — 0.50 0.31 0.14
Dec 31, 2009 0.30 — 0.47 0.43 0.25 0.70 0.18 0.29 — 0.54 0.27 0.14
Dec 31, 2008 0.33 — 0.50 0.55 0.27 1.55 0.31 0.28 — 0.30 0.00 0.14
Dec 31, 2007 0.32 — 0.63 0.59 0.41 0.37 0.38 0.22 — 0.20 0.43 0.15
Dec 31, 2006 0.39 — 0.48 0.74 0.37 0.34 0.77 0.17 — 0.11 0.92 0.19
Dec 31, 2005 0.45 — 0.19 0.77 0.21 0.60 0.10 0.07 — 0.27 1.75 0.21

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Pharmaceuticals, Biotechnology & Life Sciences)

Merck & Co. Inc., debt to equity, long-term trends, comparison to sector (pharmaceuticals, biotechnology & life sciences)

Microsoft Excel
Merck & Co. Inc. Pharmaceuticals, Biotechnology & Life Sciences
Dec 31, 2023 0.93 0.98
Dec 31, 2022 0.67 0.79
Dec 31, 2021 0.87 0.92
Dec 31, 2020 1.26 1.14
Dec 31, 2019 1.02 1.10
Dec 31, 2018 0.94 0.94
Dec 31, 2017 0.71 0.88
Dec 31, 2016 0.62 0.79
Dec 31, 2015 0.59 0.68
Dec 31, 2014 0.44 0.55
Dec 31, 2013 0.50 0.52
Dec 31, 2012 0.39 0.51
Dec 31, 2011 0.32 0.46
Dec 31, 2010 0.33 0.39
Dec 31, 2009 0.30 0.39
Dec 31, 2008 0.33 0.37
Dec 31, 2007 0.32 0.30
Dec 31, 2006 0.39 0.25
Dec 31, 2005 0.45 0.29

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Health Care)

Merck & Co. Inc., debt to equity, long-term trends, comparison to industry (health care)

Microsoft Excel
Merck & Co. Inc. Health Care
Dec 31, 2023 0.93 0.81
Dec 31, 2022 0.67 0.72
Dec 31, 2021 0.87 0.78
Dec 31, 2020 1.26 0.90
Dec 31, 2019 1.02 0.91
Dec 31, 2018 0.94 0.87
Dec 31, 2017 0.71 0.79
Dec 31, 2016 0.62 0.75
Dec 31, 2015 0.59 0.68
Dec 31, 2014 0.44 0.52
Dec 31, 2013 0.50 0.49
Dec 31, 2012 0.39 0.51
Dec 31, 2011 0.32 0.45
Dec 31, 2010 0.33 0.41
Dec 31, 2009 0.30 0.41
Dec 31, 2008 0.33 0.41
Dec 31, 2007 0.32 0.36
Dec 31, 2006 0.39 0.33
Dec 31, 2005 0.45 0.30

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).