Merck (MRK) Current Deferred Tax Assets (2009 - 2023)

Merck (MRK) posted quarterly Current Deferred Tax Assets of $6.6 billion for Q2 2023, down 2.51% YoY from $6.8 billion in Q2 2022, and down 1.45% sequentially from $6.7 billion in Q1 2023.

Merck (MRK) Current Deferred Tax Assets (2009 - 2023) Analysis & Trends

Merck has disclosed Current Deferred Tax Assets across 15 years of filings, most recently posting $6.6 billion for Q2 2023.

  • In Q2 2023, Current Deferred Tax Assets fell 2.51% year-over-year to $6.6 billion; the TTM figure through Jun 2023 stood at $6.6 billion (down 2.51% YoY), while the FY2022 annual figure was $7.2 billion, up 2.6% from the prior year.
  • Current Deferred Tax Assets retreated to $6.6 billion in Q2 2023, from $6.7 billion in the prior quarter.
  • Over the last five years, Current Deferred Tax Assets for MRK reached as high as $7.2 billion in Q3 2022 and fell as low as $3.2 billion in Q1 2019.
  • The 5-year median for Current Deferred Tax Assets is $6.0 billion (2021), against an average of $5.6 billion.
  • Annual changes were most pronounced in 2019 — Current Deferred Tax Assets slipped 21.38% — and 2021, when it soared 49.49%.
  • 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.
  • According to Business Quant data, Current Deferred Tax Assets over the past three periods registered $6.6 billion, $6.7 billion, and $7.2 billion for Q2 2023, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn
9 Novartis Ag 113.45 Bn 113.67 Bn -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn

Historic Data

Download Data
DateValue
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