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MRK — Merck & Company Inc.

MRK (Merck & Company Inc.) stock: $146.87, $362.35B market cap, $7.14B cash, $409.12B EV, $362.77B fully diluted market cap. Next expected readout: Sep-26. Lead program: Belzutifan (Carcinoma, Renal Cell), Phase 3. Data from Fully Diluted's biotech stocks database.

Share price
$146.87
Market cap
$362,353.5M
Cash
$7,141.0M
Enterprise value
$409,118.5M

Balance sheet

Cash$7,141.0M
Debt$53,906.0M
Net cash-$46,765.0M
Enterprise value$409,118.5M
Basic shares2,470.0M shares
Fully diluted shares2,470.0M shares
Fully diluted market cap$362,768.9M
Cash per share$2.89

Cash figures as of 2026-06-30. Database snapshot: 2026-09-21.

Price history

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Upcoming catalysts

ExpectedDrugPhaseIndicationMgmt guide
Now - Sep 22, 2026Pembrolizumab - anti-PD-1 antibodyPhase 2Solid Tumor, Adult
Now - Sep 22, 2026MDNA11Phase 2Advanced Solid Tumor; Unresectable Solid Tumor; Clear Cell Renal Cell Carcinoma
Now - Oct 23, 2026PembrolizumabPhase 3High-risk Non-muscle Invasive Bladder Cancer
Now - Oct 24, 2026IV TulisokibartPhase 3Ulcerative Colitis
Now - Oct 24, 2026etakafusp alfa (AB248)Phase 1Solid Tumor; Non Small Cell Lung Cancer; Melanoma
Now - Oct 26, 2026EnlicitidePhase 3Hyperlipidemia
Sep 29 - Nov 10Raludotatug Deruxtecan (R-DXd)Phase 2Gastrointestinal Cancer
Oct 2 - Nov 13PembrolizumabPhase 2Carcinoma, Renal Cell
Oct 2 - Nov 13PembrolizumabPhase 2Carcinoma, Renal Cell
Oct 11 - Nov 22ONC-392Phase 2Ovarian Cancer; High Grade Serous Adenocarcinoma of Ovary; Primary Peritoneal Carcinoma

Estimated readout windows: registry primary-completion date + 6-12 weeks. Windows already open are shown from "Now". Drug names link to ClinicalTrials.gov.

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