Merck (MRK) Current Deferred Tax Assets (2009 - 2023)
Merck (MRK) reported Current Deferred Tax Assets of $6.6 billion for Q2 2023, down 2.51% year-over-year from $6.8 billion in Q2 2022, and down 1.45% quarter-over-quarter from $6.7 billion in Q1 2023.
Merck (MRK) Current Deferred Tax Assets (2009 - 2023) Analysis & Trends
Merck (MRK) has 15 years of Current Deferred Tax Assets data on file, last reported at $6.6 billion in Q2 2023.
- Current Deferred Tax Assets for Q2 2023 came in at $6.6 billion, down 2.51% year-over-year; the trailing twelve-month figure through Jun 2023 was $6.6 billion (down 2.51% YoY), and the FY2022 annual result was $7.2 billion, up 2.6% from the prior year.
- Current Deferred Tax Assets declined to $6.6 billion in Q2 2023 per MRK's latest filing, from $6.7 billion in the prior quarter.
- Over five years, Current Deferred Tax Assets peaked at $7.2 billion in Q3 2022 and troughed at $3.2 billion in Q1 2019.
- A 5-year average of $5.6 billion and a median of $6.0 billion in 2021 frame the typical range for Current Deferred Tax Assets.
- The sharpest annual moves came in 2019 and 2021: Current Deferred Tax Assets slipped 21.38% in 2019, then soared 49.49% in 2021.
- A 5-year view of Current Deferred Tax Assets shows it stood at $4.3 billion in 2019, then advanced by 9.28% to $4.7 billion in 2020, then soared by 49.49% to $7.0 billion in 2021, then increased by 2.6% to $7.2 billion in 2022, then fell by 7.39% to $6.6 billion in 2023.
- Business Quant data shows MRK's Current Deferred Tax Assets at $6.6 billion in Q2 2023, $6.7 billion in Q1 2023, and $7.2 billion in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Gsk | 93,699,046.73 Bn | 93,699,041.77 Bn | 7.76 Bn |
| 2 | Eli Lilly | 1,012.06 Bn | 1,006.77 Bn | 16.22 Bn |
| 3 | Johnson & Johnson | 560.67 Bn | 538.62 Bn | 15.96 Bn |
| 4 | AbbVie | 402.20 Bn | 392.85 Bn | 10.78 Bn |
| 5 | Merck | 298.59 Bn | 292.94 Bn | 12.09 Bn |
| 6 | Amgen | 188.77 Bn | 176.74 Bn | 5.87 Bn |
| 7 | Gilead Sciences | 160.22 Bn | 152.49 Bn | 5.52 Bn |
| 8 | Pfizer | 148.19 Bn | 135.42 Bn | -1.21 Bn |
| 9 | Bristol Myers Squibb | 116.72 Bn | 106.26 Bn | 8.07 Bn |
| 10 | Novartis Ag | 109.78 Bn | 109.09 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 6.64 Bn |
| Jun 30, 2023 | 6.64 Bn |
| Mar 31, 2023 | 6.74 Bn |
| Mar 31, 2023 | 6.74 Bn |
| Dec 31, 2022 | 7.17 Bn |
| Dec 31, 2022 | 7.17 Bn |
| Sep 30, 2022 | 7.22 Bn |
| Sep 30, 2022 | 7.22 Bn |
| Jun 30, 2022 | 6.81 Bn |
| Jun 30, 2022 | 6.81 Bn |
| Mar 31, 2022 | 6.65 Bn |
| Mar 31, 2022 | 6.65 Bn |
| Dec 31, 2021 | 6.99 Bn |
| Dec 31, 2021 | 6.99 Bn |
| Sep 30, 2021 | 6.87 Bn |
| Sep 30, 2021 | 6.87 Bn |
| Jun 30, 2021 | 6.75 Bn |
| Jun 30, 2021 | 6.75 Bn |
| Mar 31, 2021 | 5.29 Bn |
| Mar 31, 2021 | 5.29 Bn |