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| 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 |