Merck & Company Inc (MRK) — Tangible Net Worth Ratio

Latest as of June 2026: 40.5%

Merck & Company Inc (MRK) has a Tangible Net Worth Ratio of 40.5% as of June 2026. This metric is calculated by deducting intangible assets ($24.98 Billion) from net assets ($41.98 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore how fast is Merck & Company Inc growing its equity to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

40.5%
Tangible equity / total equity

Net Assets (Equity)

$41.98 Billion
USD

Intangible Assets

$24.98 Billion
Goodwill, patents, brand value

Total Assets

$129.80 Billion
USD

Merck & Company Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how Merck & Company Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 40.5%, reflecting net assets of $41.98 Billion with intangible assets of $24.98 Billion USD. For live market cap and overall valuation, see MRK market cap.

Annual Tangible Net Worth Ratio for Merck & Company Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Merck & Company Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore how much does Merck & Company Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 49.3% $52.66 Billion $26.68 Billion $136.87 Billion ▼ -15.4 pp
2024 64.7% $46.37 Billion $16.37 Billion $117.11 Billion ▲ +12.6 pp
2023 52.1% $37.63 Billion $18.01 Billion $106.67 Billion ▼ -3.8 pp
2022 56.0% $46.06 Billion $20.27 Billion $109.16 Billion ▲ +15.9 pp
2021 40.1% $38.26 Billion $22.93 Billion $105.69 Billion ▼ -4.4 pp
2020 44.5% $25.40 Billion $14.10 Billion $91.59 Billion ▼ -0.9 pp
2019 45.4% $26.00 Billion $14.20 Billion $84.40 Billion ▼ -5.9 pp
2018 51.3% $26.88 Billion $13.10 Billion $82.64 Billion ▼ -7.7 pp
2017 59.0% $34.57 Billion $14.18 Billion $87.87 Billion ▲ +1.9 pp
2016 57.1% $40.31 Billion $17.30 Billion $95.38 Billion ▲ +7.6 pp
2015 49.5% $44.77 Billion $22.60 Billion $101.68 Billion ▼ -8.7 pp
2014 58.2% $48.79 Billion $20.39 Billion $98.17 Billion ▲ +3.7 pp
2013 54.5% $52.33 Billion $23.80 Billion $105.64 Billion ▲ +7.0 pp
2012 47.6% $55.46 Billion $29.08 Billion $106.13 Billion ▲ +7.8 pp
2011 39.8% $56.94 Billion $34.30 Billion $105.13 Billion ▲ +9.2 pp
2010 30.5% $56.80 Billion $39.46 Billion $105.78 Billion ▲ +8.2 pp
2009 22.3% $61.48 Billion $47.76 Billion $112.31 Billion ▼ -75.2 pp
2008 97.5% $21.17 Billion $525.40 Million $47.20 Billion ▲ +1.0 pp
2007 96.5% $20.59 Billion $713.20 Million $48.35 Billion ▲ +1.3 pp
2006 95.3% $19.97 Billion $943.90 Million $44.57 Billion ▼ -2.2 pp
2005 97.5% $20.38 Billion $518.70 Million $44.85 Billion ▲ +6.4 pp
2004 91.0% $19.70 Billion $1.76 Billion $42.57 Billion ▲ +1.0 pp
2003 90.0% $19.49 Billion $1.95 Billion $40.59 Billion ▲ +21.3 pp
2002 68.7% $23.13 Billion $7.24 Billion $47.56 Billion ▲ +4.6 pp
2001 64.1% $20.89 Billion $7.49 Billion $44.02 Billion ▲ +1.3 pp
2000 62.9% $19.85 Billion $7.37 Billion $39.91 Billion ▲ +8.3 pp
1999 54.6% $16.70 Billion $7.58 Billion $35.63 Billion ▲ +4.8 pp
1998 49.8% $16.51 Billion $8.29 Billion $31.85 Billion ▼ -0.9 pp
1997 50.7% $13.76 Billion $6.78 Billion $25.74 Billion ▼ -2.1 pp
1996 52.8% $14.28 Billion $6.74 Billion $24.29 Billion ▲ +1.5 pp
1995 51.3% $14.02 Billion $6.83 Billion $23.83 Billion ▲ +9.7 pp
1994 41.6% $12.35 Billion $7.21 Billion $21.86 Billion ▲ +1.1 pp
1993 40.5% $11.17 Billion $6.65 Billion $19.93 Billion ▼ -56.8 pp
1992 97.3% $5.63 Billion $153.50 Million $11.09 Billion ▼ -2.7 pp
1991 100.0% $5.51 Billion $0.00 $9.50 Billion ▲ +0.0 pp
1990 100.0% $4.38 Billion $0.00 $8.03 Billion ▲ +0.0 pp
1989 100.0% $4.03 Billion $0.00 $6.76 Billion ▲ +0.0 pp
1988 100.0% $2.86 Billion $0.00 $6.13 Billion ▲ +0.0 pp
1987 100.0% $2.12 Billion $0.00 $5.68 Billion ▲ +0.0 pp
1986 100.0% $2.57 Billion $0.00 $5.11 Billion ▲ +3.7 pp
1985 96.3% $2.63 Billion $97.10 Million $4.90 Billion
pp = percentage points