Merck (MRK) Long-Term Deferred Tax (2010 - 2023)
Merck's (MRK) quarterly Long-Term Deferred Tax came in at $10.2 billion in Q2 2023, down 7.15% year-over-year from $11.0 billion in Q2 2022, and down 0.9% quarter-over-quarter from $10.3 billion in Q1 2023.
Analysis
Merck (MRK) Long-Term Deferred Tax (2010 - 2023) Analysis & Trends
Merck (MRK) has reported Long-Term Deferred Tax for 14 consecutive years, with $10.2 billion the latest figure, recorded in Q2 2023.
- On a quarterly basis, Long-Term Deferred Tax fell 7.15% year-over-year to $10.2 billion in Q2 2023; TTM through Jun 2023 was $10.2 billion, a 7.15% decrease from a year earlier, with the FY2022 full-year figure at $9.5 billion, down 17.73% from the prior year.
- Long-Term Deferred Tax was $10.2 billion for Q2 2023 at Merck, down from $10.3 billion in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $11.6 billion in Q4 2021 and troughed at $6.8 billion in Q4 2019.
- A 5-year average of $9.6 billion and a median of $9.7 billion in 2020 frame the typical range for Long-Term Deferred Tax.
- Across the five-year window, Long-Term Deferred Tax retreated 19.01% in 2020 and jumped 48.7% in 2021, its largest moves.
- Over 5 years, Long-Term Deferred Tax stood at $6.8 billion in 2019, then surged by 45.93% to $9.9 billion in 2020, then advanced by 17.21% to $11.6 billion in 2021, then retreated by 17.73% to $9.5 billion in 2022, then gained by 6.92% to $10.2 billion in 2023.
- The last three Long-Term Deferred Tax figures came in at $10.2 billion (Q2 2023), $10.3 billion (Q1 2023), and $9.5 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 | 10.19 Bn |
| Mar 31, 2023 | 10.28 Bn |
| Dec 31, 2022 | 9.53 Bn |
| Sep 30, 2022 | 9.58 Bn |
| Jun 30, 2022 | 10.97 Bn |
| Mar 31, 2022 | 11.14 Bn |
| Dec 31, 2021 | 11.58 Bn |
| Sep 30, 2021 | 11.19 Bn |
| Jun 30, 2021 | 11.05 Bn |
| Mar 31, 2021 | 10.49 Bn |
| Dec 31, 2020 | 9.88 Bn |
| Sep 30, 2020 | 8.01 Bn |
| Jun 30, 2020 | 7.60 Bn |
| Mar 31, 2020 | 7.05 Bn |
| Dec 31, 2019 | 6.77 Bn |
| Sep 30, 2019 | 9.00 Bn |
| Jun 30, 2019 | 9.16 Bn |
| Mar 31, 2019 | 8.71 Bn |
| Dec 31, 2018 | 5.88 Bn |
| Sep 30, 2018 | 7.50 Bn |