Merck (MRK) Asset Writedowns and Impairment (2010 - 2023)
Merck (MRK) posted quarterly Asset Writedowns and Impairment of $779.0 million for Q4 2023, down 7.15% year-over-year from $839.0 million in Q4 2022, and down 7.15% quarter-over-quarter from $839.0 million in Q4 2022.
Merck (MRK) Asset Writedowns and Impairment (2010 - 2023) Analysis & Trends
Merck (MRK) has reported Asset Writedowns and Impairment for 14 consecutive years, with $779.0 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Asset Writedowns and Impairment fell 7.15% year-over-year to $779.0 million; the TTM figure through Dec 2023 stood at $2.8 billion (up 38.41% YoY), while the FY2025 annual figure was $55.0 million, up 41.03% from the prior year.
- Asset Writedowns and Impairment eased to $779.0 million in Q4 2023 per MRK's latest filing, from $839.0 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $1.7 billion in Q4 2020 and bottomed at $15.0 million in Q3 2020.
- Historically, Asset Writedowns and Impairment has averaged $505.9 million across 5 years, with a median of $302.0 million in 2021.
- On a YoY basis, Asset Writedowns and Impairment climbed as much as 856.25% in 2020 and fell as far as 97.55% in 2020.
- Merck's Asset Writedowns and Impairment stood at $176.0 million in 2019, then soared by 856.25% to $1.7 billion in 2020, then sank by 82.06% to $302.0 million in 2021, then jumped by 177.81% to $839.0 million in 2022, then slipped by 7.15% to $779.0 million in 2023.
- Business Quant data shows MRK's Asset Writedowns and Impairment at $779.0 million in Q4 2023, $839.0 million in Q4 2022, and $887.0 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 652.20 Bn | 631.44 Bn | 17.26 Bn |
| 2 | AbbVie | 469.51 Bn | 462.94 Bn | 12.70 Bn |
| 3 | Merck | 376.81 Bn | 369.67 Bn | 12.21 Bn |
| 4 | Novartis Ag | 303.04 Bn | 295.35 Bn | 11.24 Bn |
| 5 | Astrazeneca | 257.61 Bn | 252.71 Bn | 12.86 Bn |
| 6 | Amgen | 237.37 Bn | 223.38 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 181.73 Bn | 178.55 Bn | 6.22 Bn |
| 8 | Pfizer | 159.66 Bn | 147.96 Bn | 10.94 Bn |
| 9 | Gsk | 106.24 Bn | 102.07 Bn | 8.24 Bn |
| 10 | Sanofi | 55.07 Bn | 47.69 Bn | 10.79 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 779.00 Mn |
| Dec 31, 2023 | 779.00 Mn |
| Dec 31, 2022 | 839.00 Mn |
| Dec 31, 2022 | 839.00 Mn |
| Sep 30, 2022 | 887.00 Mn |
| Sep 30, 2022 | 887.00 Mn |
| Dec 31, 2021 | 302.00 Mn |
| Dec 31, 2021 | 302.00 Mn |
| Dec 31, 2020 | 1.68 Bn |
| Dec 31, 2020 | 1.68 Bn |
| Sep 30, 2020 | 15.00 Mn |
| Sep 30, 2020 | 15.00 Mn |
| Jun 30, 2020 | 20.00 Mn |
| Jun 30, 2020 | 20.00 Mn |
| Dec 31, 2019 | 176.00 Mn |
| Dec 31, 2019 | 176.00 Mn |
| Sep 30, 2019 | 612.00 Mn |
| Sep 30, 2019 | 612.00 Mn |
| Jun 30, 2019 | 148.00 Mn |
| Jun 30, 2019 | 148.00 Mn |