Merck & Co., Inc. Interest Expense 2008-2024 | MRK
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What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is Merck & Co., Inc.'s current interest expense?
Merck & Co., Inc. (MRK) annual interest expense for 2023 was $1.15B, a 19.13% increase from 2022. Merck & Co., Inc. interest expense for the quarter ending March 31, 2024 was $303.0M.
What was Merck & Co., Inc.'s interest expense in 2022?
Merck & Co., Inc. annual interest expense for 2022 was $962.0M, a 19.35% increase from 2021.
What was Merck & Co., Inc.'s interest expense in 2021?
Merck & Co., Inc. annual interest expense for 2021 was $806.0M, a 3.01% decline from 2020.
What is Merck & Co., Inc.'s 5-year interest expense CAGR?
Merck & Co., Inc. interest expense grew at a compound annual growth rate (CAGR) of 8.22% from FY2018 to FY2023, going from $772.0M to $1.15B over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+8.2%
FY2018
$772.0M
→
FY2023
$1.15B
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5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $1.15B | +19.1% | 10-K |
| FY2022 | $962.0M | +19.4% | 10-K |
| FY2021 | $806.0M | -3.0% | 10-K |
| FY2020 | $831.0M | -6.9% | 10-K |
| FY2019 | $893.0M | +15.7% | 10-K |
| FY2018 | $772.0M | +2.4% | 10-K |
| FY2017 | $754.0M | +8.8% | 10-K |
| FY2016 | $693.0M | +3.1% | 10-K |
| FY2015 | $672.0M | -8.2% | 10-K |
| FY2014 | $732.0M | -8.6% | 10-K |
| FY2013 | $801.0M | +12.2% | 10-K |
| FY2012 | $714.0M | +2.7% | 10-K |
| FY2011 | $695.0M | -2.8% | 10-K |
| FY2010 | $715.0M | +55.4% | 10-K |
| FY2009 | $460.0M | +83.3% | 10-K |
| FY2008 | $251.0M | - | 10-K |
Company: Merck & Co., Inc.Ticker: MRKSector: HealthcareIndustry: Pharmaceutical PreparationsView company profile →