Merck & Co. · Change in Working Capital

Latest reported-$1.25Bperiod endingJun 30, 2026

MRK Change in Working Capital (-$274.80M → -$1.25B)

Annual change in working capital

High-resolution chart · PNG

MRK change in working capital history

Annual fiscal periods · USD. Dates are reporting period ends; fiscal years can differ from calendar years.

Merck & Co. Change in Working Capital — Annual fiscal periods (USD)
Period ending	Change in Working Capital (USD)
Dec 31, 2025	-6,976,000,000
Dec 31, 2024	-3,667,000,000
Dec 31, 2023	-2,205,000,000
Dec 31, 2022	-2,782,000,000
Dec 31, 2021	-3,839,000,000
Dec 31, 2020	-4,590,000,000
Dec 31, 2019	-2,067,000,000
Dec 31, 2018	-1,553,000,000
Dec 31, 2017	-5,021,000,000
Dec 31, 2016	-2,601,000,000
Dec 31, 2015	-268,000,000
Dec 31, 2014	1,824,000,000
Dec 31, 2013	-794,000,000
Dec 31, 2012	-4,136,000,000
Dec 31, 2011	-766,000,000
Dec 31, 2010	930,000,000
Dec 31, 2009	-2,706,900,000
Dec 31, 2008	-3,984,000,000
Dec 31, 2007	1,355,900,000
Dec 31, 2006	-137,400,000
Dec 31, 2005	1,180,500,000
Dec 31, 2004	1,521,500,000
Dec 31, 2003	489,100,000
Dec 31, 2002	547,000,000
Dec 31, 2001	-123,700,000
Dec 31, 2000	-1,023,600,000
Dec 31, 1999	-3,454,400,000
Dec 31, 1998	-741,700,000
Dec 31, 1997	17,000,000
Dec 31, 1996	64,900,000
Dec 31, 1995	-423,600,000
Dec 31, 1994	564,400,000
Dec 31, 1993	7,800,000
Dec 31, 1992	-54,100,000
Dec 31, 1991	41,100,000
Dec 31, 1990	228,000,000
Dec 31, 1989	-274,800,000