Merck & Co., Inc.
MRKNYSEPharmaceutical PreparationsFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026Score 9/30242% above fair value
$148.36−1.16 (-0.78%)
Close on Nov 2, 2026Market cap $366.03BP/E 118.7Yield 2.21%
Merck U.S. Defined Benefit Pension Plans by Year
U.S. Defined Benefit Pension Plans — Benefit Obligation Discount Rate (%) (%)
Merck U.S. Defined Benefit Pension Plans: 5.6% in FY2025, down 0.1 pts from a year earlier.
Latest, FY2025
5.6%
Period ended Dec 31, 2025
Change on a year earlier
-0.1 pts
5.7% in FY2024
History
10 years
Since FY2016
Sources
8
Documents cited below
Where the FY2025 figure comes from
Source: Form 10-K (filed 2026-02-24) ↗
Reported in Form 10-K Employee Benefit Plans Note.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | U.S. Defined Benefit Pension Plans — Benefit Obligation Discount Rate (%) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5.6% | -0.1 pts | Form 10-K (filed 2026-02-24) ↗ |
| FY2024 | Dec 31, 2024 | 5.7% | +0.4 pts | Form 10-K (filed 2026-02-24) ↗ |
| FY2023 | Dec 31, 2023 | 5.3% | -0.2 pts | Form 10-K (filed 2026-02-24) ↗ |
| FY2022 | Dec 31, 2022 | 5.5% | +2.5 pts | Form 10-K (filed 2025-02-25) ↗ |
| FY2021 | Dec 31, 2021 | 3.0% | +0.3 pts | Form 10-K (filed 2024-02-26) ↗ |
| FY2020 | Dec 31, 2020 | 2.7% | -0.7 pts | Form 10-K (filed 2023-02-24) ↗ |
| FY2019 | Dec 31, 2019 | 3.4% | -1.0 pts | Form 10-K (filed 2022-02-25) ↗ |
| FY2018 | Dec 31, 2018 | 4.4% | +0.7 pts | Form 10-K (filed 2021-02-25) ↗ |
| FY2017 | Dec 31, 2017 | 3.7% | -0.6 pts | Form 10-K (filed 2020-02-26) ↗ |
| FY2016 | Dec 31, 2016 | 4.3% | – | Form 10-K (filed 2019-02-27) ↗ |
Cite this data
StockData. (2026). Merck U.S. Defined Benefit Pension Plans (%), annual FY2016–FY2025 [Data set]. Compiled from Merck SEC filings and investor materials. https://stockdatahq.com/stocks/mrk/kpis/db-us-pension-disc-rate
See every metric in the Merck KPI table. Data updated Oct 26, 2026.