What is the current annual gross margin of MRK?

As of today, MRK annual gross margin is 81.50%

What is 1-year change in MRK annual gross margin?

MRK annual gross margin is up +10.52% year-over-year

What is 3-year change in MRK annual gross margin?

MRK annual gross margin is up +15.49% over the past 3 years

How far is MRK annual gross margin from its all-time high?

MRK annual gross margin is currently at its all-time high

How does MRK annual gross margin rank versus sector peers?

MRK annual gross margin is higher than 79.45% of companies in Healthcare sector

When is MRK next annual earnings release?

The next annual earnings release for MRK is on February 2, 2027

What is the current quarterly gross margin of MRK?

As of today, MRK quarterly gross margin is 71.65%

What is MRK quarterly gross margin most recent change?

MRK quarterly gross margin was up +0.20% on September 30, 2026

What is 1-year change in MRK quarterly gross margin?

MRK quarterly gross margin is down -5.21% year-over-year

How far is MRK quarterly gross margin from its all-time high?

MRK quarterly gross margin is currently -25.62% below its historical high of 96.33% set on March 31, 2000

How does MRK quarterly gross margin rank versus sector peers?

MRK quarterly gross margin is higher than 68.19% of companies in Healthcare sector

When is MRK next earnings release?

The next earnings release for MRK is on February 2, 2027

MRK Gross Margin History & Chart Since 1980

Annual Gross Margin

81.50%7.76%+10.52%

December 31, 2025

Summary

Current Value: As of today, MRK annual gross margin is 81.50%, up +10.52% on December 31, 2025
Historical Performance: MRK annual gross margin is up +15.49% over the past 3 years, up +20.49% over the past 5 years
All-Time High Comparison: MRK annual gross margin is currently at its all-time high
3-Year Low Comparison: MRK annual gross margin is +15.49% above its 3-year low of 70.57% reached on an earlier date
Sector Comparison: MRK annual gross margin is higher than 79.45% of companies in Healthcare sector

Gross Margin Chart

beforeafter

Performance

MRK Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	81.50%	+10.5%	+15.5%	+20.5%	+34.0%
Quarterly Gross Margin	Sep 30, 26	71.65%	-5.2%	+1.3%	-3.3%	+10.8%
Price	Nov 10, 26	$147.52	+70.0%	+45.5%	+75.6%	+342.1%
PE Ratio	Nov 10, 26	150.65	+1212.3%	+167.5%	+407.9%	+518.4%
Annual Revenue	Dec 31, 25	$64.93B	+1.5%	+11.0%	+56.3%	+41.4%
Annual Gross Profit	Dec 31, 25	$52.98B	+12.3%	+28.4%	+88.6%	+89.7%
Annual Operating Margin	Dec 31, 25	41.19%	+27.6%	+23.5%	+70.1%	+179.3%
Annual Net Margin	Dec 31, 25	28.09%	+4.9%	+13.1%	+157.9%	+1218.8%

Gross Margin Highs

MRK Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	81.50%	Dec 31, 25	at high
5Y	81.50%	Dec 31, 25	at high
All	81.50%	Dec 31, 25	at high

Gross Margin Lows

MRK Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	70.57%	N/A	+15.5%
5Y	67.64%	N/A	+20.5%
All	36.18%	Dec 31, 02	+125.3%

Gross Margin History

Year	Value	Change
2025	81.50%	+10.5%
2024	73.74%	+0.6%
2023	73.31%	+3.9%
2022	70.57%	-2.6%
2021	72.47%	+7.1%
2020	67.64%	-3.7%
2019	70.25%	+1.5%
2018	69.22%	+1.5%
2017	68.19%	+3.1%
2016	66.17%	+5.8%
2015	62.53%	-2.1%
2014	63.87%	+0.2%
2013	63.75%	-2.9%
2012	65.66%	-0.3%
2011	65.88%	+8.3%
2010	60.82%	-10.0%
2009	67.58%	-12.4%
2008	77.11%	+0.6%
2007	76.62%	-0.2%
2006	76.74%	-0.9%
2005	77.41%	-1.2%
2004	78.38%	-2.2%
2003	80.18%	+121.6%

Year	Value	Change
2002	36.18%	-6.2%
2001	38.58%	-11.5%
2000	43.61%	-4.0%
1999	45.43%	-3.9%
1998	47.25%	-4.1%
1997	49.28%	-5.2%
1996	52.01%	-4.0%
1995	54.15%	-8.0%
1994	58.87%	-22.5%
1993	75.94%	-3.0%
1992	78.31%	+1.0%
1991	77.51%	+0.9%
1990	76.82%	+0.6%
1989	76.33%	+2.7%
1988	74.31%	+4.0%
1987	71.46%	+5.7%
1986	67.59%	+5.4%
1985	64.13%	+6.9%
1984	59.98%	-1.8%
1983	61.08%	-2.6%
1982	62.71%	+8.0%
1981	58.04%	-4.2%
1980	60.56%	-

FAQ

What is the current annual gross margin of MRK?: As of today, MRK annual gross margin is 81.50%
What is 1-year change in MRK annual gross margin?: MRK annual gross margin is up +10.52% year-over-year
What is 3-year change in MRK annual gross margin?: MRK annual gross margin is up +15.49% over the past 3 years
How far is MRK annual gross margin from its all-time high?: MRK annual gross margin is currently at its all-time high
How does MRK annual gross margin rank versus sector peers?: MRK annual gross margin is higher than 79.45% of companies in Healthcare sector
When is MRK next annual earnings release?: The next annual earnings release for MRK is on February 2, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

71.65%0.14%+0.20%

September 30, 2026

Summary

Current Value: As of today, MRK quarterly gross margin is 71.65%, up +0.20% on September 30, 2026
Historical Performance: MRK quarterly gross margin is down -5.21% year-over-year, up +1.29% over the past 3 years
All-Time High Comparison: MRK quarterly gross margin is currently -25.62% below its historical high of 96.33% set on March 31, 2000
3-Year Low Comparison: MRK quarterly gross margin is +2.69% above its 3-year low of 69.77% reached on December 31, 2023
Sector Comparison: MRK quarterly gross margin is higher than 68.19% of companies in Healthcare sector

Performance

MRK Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	71.65%	+0.2%	-5.2%	+1.3%	-3.3%
Annual Gross Margin	Dec 31, 25	81.50%	–	+10.5%	+15.5%	+20.5%
Price	Nov 10, 26	$147.52	+12.7%	+70.0%	+45.5%	+75.6%
PE Ratio	Nov 10, 26	150.65	+44.0%	+1212.3%	+167.5%	+407.9%
Quarterly Revenue	Sep 30, 26	$18.12B	+9.3%	+5.5%	+13.2%	+38.2%
Quarterly Gross Profit	Sep 30, 26	$12.99B	+9.5%	-0.0%	+14.7%	+33.7%
Quarterly Operating Margin	Sep 30, 26	40.72%	+731.0%	-6.2%	+8.8%	+8.0%
Quarterly Net Margin	Sep 30, 26	28.02%	+447.6%	-16.8%	-5.6%	-19.6%

Quarterly Gross Margin Highs

MRK Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	75.59%	N/A	-5.2%
3Y	76.93%	Dec 31, 24	-6.9%
5Y	76.93%	Dec 31, 24	-6.9%
All	96.33%	Mar 31, 00	-25.6%

Quarterly Gross Margin Lows

MRK Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	70.49%	Dec 31, 25	+1.6%
3Y	69.77%	Dec 31, 23	+2.7%
5Y	66.60%	Mar 31, 22	+7.6%
All	34.00%	Mar 31, 02	+110.7%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	71.65%	+0.2%
Jun 2026	71.51%	-0.7%
Mar 2026	71.98%	+2.1%
Dec 2025	70.49%	-6.7%
Sep 2025	75.59%	-0.1%
Jun 2025	75.65%	+0.7%
Mar 2025	75.13%	-2.3%
Dec 2024	76.93%	+4.8%
Sep 2024	73.43%	0.0%
Jun 2024	73.43%	-2.2%
Mar 2024	75.11%	+7.7%
Dec 2023	69.77%	-1.4%
Sep 2023	70.74%	+0.1%
Jun 2023	70.67%	+0.7%
Mar 2023	70.21%	+1.4%
Dec 2022	69.22%	-7.1%
Sep 2022	74.50%	+3.5%
Jun 2022	71.97%	+8.1%
Mar 2022	66.60%	-8.2%
Dec 2021	72.55%	-2.0%
Sep 2021	74.06%	+1.5%
Jun 2021	72.97%	+4.5%
Mar 2021	69.85%	+28.7%
Dec 2020	54.29%	-25.3%
Sep 2020	72.70%	+2.7%
Jun 2020	70.78%	-3.0%
Mar 2020	72.98%	+4.7%
Dec 2019	69.70%	+2.3%
Sep 2019	68.11%	-4.7%
Jun 2019	71.44%	-0.8%
Mar 2019	72.01%	+2.6%
Dec 2018	70.17%	+5.5%
Sep 2018	66.51%	-0.7%
Jun 2018	66.99%	-2.4%
Mar 2018	68.65%	+1.3%
Dec 2017	67.80%	-0.5%
Sep 2017	68.17%	-0.9%
Jun 2017	68.79%	-0.6%
Mar 2017	69.21%	+3.0%
Dec 2016	67.18%	-1.0%
Sep 2016	67.85%	+4.3%
Jun 2016	65.06%	+1.2%
Mar 2016	64.30%	+2.5%
Dec 2015	62.71%	-0.0%
Sep 2015	62.73%	+1.2%
Jun 2015	62.00%	-1.1%
Mar 2015	62.71%	+3.3%
Dec 2014	60.71%	-19.1%
Sep 2014	75.06%	+19.4%
Jun 2014	62.84%	-0.5%
Mar 2014	63.14%	+0.3%
Dec 2013	62.95%	-1.2%
Sep 2013	63.72%	-1.9%
Jun 2013	64.96%	+2.5%
Mar 2013	63.38%	-2.4%
Dec 2012	64.97%	+0.7%
Sep 2012	64.55%	-4.1%
Jun 2012	67.33%	+2.5%
Mar 2012	65.69%	-1.4%
Dec 2011	66.65%	+3.0%
Sep 2011	64.69%	-2.9%
Jun 2011	66.61%	+1.7%
Mar 2011	65.50%	+2.2%
Dec 2010	64.09%	+2.2%
Sep 2010	62.74%	+1.8%
Jun 2010	61.66%	+12.3%
Mar 2010	54.89%	+5.9%
Dec 2009	51.85%	-32.5%
Sep 2009	76.83%	-1.3%
Jun 2009	77.82%	+2.9%
Mar 2009	75.65%	-0.7%
Dec 2008	76.19%	+0.1%
Sep 2008	76.13%	-1.4%
Jun 2008	77.19%	-2.3%
Mar 2008	78.99%	+2.4%

Month	Value	Change
Dec 2007	77.14%	+0.0%
Sep 2007	77.13%	+0.8%
Jun 2007	76.54%	+1.2%
Mar 2007	75.60%	+0.7%
Dec 2006	75.10%	-0.1%
Sep 2006	75.15%	-3.5%
Jun 2006	77.86%	-1.4%
Mar 2006	78.97%	+2.0%
Dec 2005	77.43%	+0.4%
Sep 2005	77.13%	-2.1%
Jun 2005	78.77%	+3.3%
Mar 2005	76.29%	-1.8%
Dec 2004	77.67%	+3.1%
Sep 2004	75.37%	-7.2%
Jun 2004	81.21%	+2.1%
Mar 2004	79.52%	+1.7%
Dec 2003	78.17%	-3.6%
Sep 2003	81.12%	+125.2%
Jun 2003	36.02%	-1.2%
Mar 2003	36.47%	-44.4%
Dec 2002	65.65%	+77.8%
Sep 2002	36.93%	+5.9%
Jun 2002	34.87%	+2.6%
Mar 2002	34.00%	-6.9%
Dec 2001	36.51%	-10.0%
Sep 2001	40.58%	+6.6%
Jun 2001	38.07%	+2.4%
Mar 2001	37.18%	-8.5%
Dec 2000	40.62%	-5.3%
Sep 2000	42.91%	-5.7%
Jun 2000	45.49%	-52.8%
Mar 2000	96.33%	+114.5%
Dec 1999	44.91%	-1.9%
Sep 1999	45.78%	+2.8%
Jun 1999	44.53%	+1.7%
Mar 1999	43.78%	-10.5%
Dec 1998	48.93%	+4.2%
Sep 1998	46.94%	-0.0%
Jun 1998	46.96%	+2.5%
Mar 1998	45.80%	-28.6%
Dec 1997	64.19%	+29.6%
Sep 1997	49.54%	-1.3%
Jun 1997	50.17%	+0.4%
Mar 1997	49.96%	-26.3%
Dec 1996	67.76%	+27.2%
Sep 1996	53.28%	-0.4%
Jun 1996	53.48%	+5.5%
Mar 1996	50.71%	-25.4%
Dec 1995	67.99%	+22.6%
Sep 1995	55.45%	-4.0%
Jun 1995	57.78%	+5.5%
Mar 1995	54.78%	-29.9%
Dec 1994	78.17%	+26.7%
Sep 1994	61.71%	+3.4%
Jun 1994	59.69%	+1.9%
Mar 1994	58.58%	-31.0%
Dec 1993	84.93%	+7.7%
Sep 1993	78.83%	+1.9%
Jun 1993	77.33%	-0.2%
Mar 1993	77.45%	-13.7%
Dec 1992	89.77%	+13.5%
Sep 1992	79.07%	+1.6%
Jun 1992	77.81%	-1.6%
Mar 1992	79.04%	-11.3%
Dec 1991	89.12%	+15.7%
Sep 1991	77.04%	-4.7%
Jun 1991	80.87%	+0.2%
Mar 1991	80.72%	-9.3%
Dec 1990	88.98%	+15.8%
Sep 1990	76.84%	+0.1%
Jun 1990	76.80%	+0.1%
Mar 1990	76.75%	-14.2%
Dec 1989	89.49%	+18.1%
Sep 1989	75.76%	-

FAQ

What is the current quarterly gross margin of MRK?: As of today, MRK quarterly gross margin is 71.65%
What is MRK quarterly gross margin most recent change?: MRK quarterly gross margin was up +0.20% on September 30, 2026
What is 1-year change in MRK quarterly gross margin?: MRK quarterly gross margin is down -5.21% year-over-year
How far is MRK quarterly gross margin from its all-time high?: MRK quarterly gross margin is currently -25.62% below its historical high of 96.33% set on March 31, 2000
How does MRK quarterly gross margin rank versus sector peers?: MRK quarterly gross margin is higher than 68.19% of companies in Healthcare sector
When is MRK next earnings release?: The next earnings release for MRK is on February 2, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

MRK Official Website www.merck.com
MRK Profile on Yahoo Finance finance.yahoo.com/quote/MRK
MRK Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mrk