Merck (MRK) Current Deferred Tax Assets (2009 - 2023)
Merck's Current Deferred Tax Assets was $6.64 billion in Q2 2023, down 2.5% from $6.81 billion a year earlier and down 1.5% from the prior quarter.
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Analysis
Merck (MRK) Current Deferred Tax Assets (2009 - 2023) Analysis & Trends
At the end of FY2022, Current Deferred Tax Assets at Merck came in at $7.17 billion, up 2.6% from FY2021.
- Current Deferred Tax Assets has now increased for three consecutive years, with a five-year compound annual growth rate of 10.8% (FY2017 to FY2022).
- In earlier years, Current Deferred Tax Assets was $6.99 billion in FY2021 (+49.5%), $4.67 billion in FY2020 (+9.3%), $4.28 billion in FY2019 (-5.0%) and $4.5 billion in FY2018 (+4.7%).
- The Q2 2023 figure marks the lowest quarterly Current Deferred Tax Assets since Q1 2021.
- Compared with a year earlier, Current Deferred Tax Assets was higher in seven of the last eight quarters, with growth averaging 16.2%.
- The best year-over-year quarter for Current Deferred Tax Assets over five years was Q4 2021 (growth of 49.5%); the worst was Q1 2019 (a decline of 21.4%).
- Per Business Quant data, MRK's Current Deferred Tax Assets in the three quarters before Q2 2023 was $6.74 billion (Q1 2023), $7.17 billion (Q4 2022) and $7.22 billion (Q3 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.58 Bn | 1,078.16 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 630.16 Bn | 548.69 Bn | 17.26 Bn |
| 3 | AbbVie | 488.57 Bn | 461.73 Bn | 12.70 Bn |
| 4 | Merck | 359.15 Bn | 313.58 Bn | 12.21 Bn |
| 5 | Novartis Ag | 274.32 Bn | 238.71 Bn | 11.24 Bn |
| 6 | Astrazeneca | 246.73 Bn | 220.50 Bn | 12.86 Bn |
| 7 | Amgen | 224.28 Bn | 179.68 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 187.60 Bn | 161.71 Bn | 6.22 Bn |
| 9 | Pfizer | 161.13 Bn | 108.08 Bn | 10.94 Bn |
| 10 | Vertex Pharmaceuticals | 129.23 Bn | 101.23 Bn | 2.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 6.64 Bn |
| Mar 31, 2023 | 6.74 Bn |
| Dec 31, 2022 | 7.17 Bn |
| Sep 30, 2022 | 7.22 Bn |
| Jun 30, 2022 | 6.81 Bn |
| Mar 31, 2022 | 6.65 Bn |
| Dec 31, 2021 | 6.99 Bn |
| Sep 30, 2021 | 6.87 Bn |
| Jun 30, 2021 | 6.75 Bn |
| Mar 31, 2021 | 5.29 Bn |
| Dec 31, 2020 | 4.67 Bn |
| Sep 30, 2020 | 4.67 Bn |
| Jun 30, 2020 | 4.61 Bn |
| Mar 31, 2020 | 4.71 Bn |
| Dec 31, 2019 | 4.28 Bn |
| Sep 30, 2019 | 3.83 Bn |
| Jun 30, 2019 | 3.38 Bn |
| Mar 31, 2019 | 3.23 Bn |
| Dec 31, 2018 | 4.50 Bn |
| Sep 30, 2018 | 3.76 Bn |
API Access
Merck Current Deferred Tax Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=MRK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-tax-assets", "ticker": "MRK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=MRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();