Merck (MRK) Current Deferred Tax Assets (2009 - 2023)
Merck's (MRK) quarterly Current Deferred Tax Assets came in at $6.6 billion in 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.
Analysis
Merck (MRK) Current Deferred Tax Assets (2009 - 2023) Analysis & Trends
Merck (MRK) has reported Current Deferred Tax Assets for 15 consecutive years, with $6.6 billion the latest figure, recorded in Q2 2023.
- On a quarterly basis, Current Deferred Tax Assets fell 2.51% year-over-year to $6.6 billion in Q2 2023; TTM through Jun 2023 was $6.6 billion, a 2.51% decrease from a year earlier, with the FY2022 full-year figure at $7.2 billion, up 2.6% from the prior year.
- Current Deferred Tax Assets was $6.6 billion for Q2 2023 at Merck, down 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.
- Across the five-year window, Current Deferred Tax Assets decreased 21.38% in 2019 and surged 49.49% in 2021, its largest moves.
- Over 5 years, Current Deferred Tax Assets stood at $4.3 billion in 2019, then gained by 9.28% to $4.7 billion in 2020, then surged by 49.49% to $7.0 billion in 2021, then grew by 2.6% to $7.2 billion in 2022, then declined by 7.39% to $6.6 billion in 2023.
- The last three Current Deferred Tax Assets figures came in at $6.6 billion (Q2 2023), $6.7 billion (Q1 2023), and $7.2 billion (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 650.65 Bn | 629.89 Bn | 17.26 Bn |
| 2 | AbbVie | 466.34 Bn | 459.82 Bn | 12.70 Bn |
| 3 | Merck | 362.11 Bn | 355.02 Bn | 12.21 Bn |
| 4 | Novartis Ag | 267.81 Bn | 260.52 Bn | 11.24 Bn |
| 5 | Pfizer | 157.31 Bn | 145.91 Bn | 10.94 Bn |
| 6 | Bristol Myers Squibb | 128.75 Bn | 117.69 Bn | 9.25 Bn |
| 7 | Sanofi | 51.80 Bn | 44.84 Bn | 10.79 Bn |
| 8 | Revolution Medicines | 40.91 Bn | 40.91 Bn | - |
| 9 | BeOne Medicines | 39.65 Bn | 34.55 Bn | 1.53 Bn |
| 10 | Incyte | 25.18 Bn | 20.65 Bn | 1.57 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 |