Merck (MRK) Long-Term Deferred Tax (2010 - 2023)
Merck's Long-Term Deferred Tax came in at $10.19 billion for Q2 2023, down 7.2% from $10.97 billion a year earlier and down 0.9% from the prior quarter.
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Analysis
Merck (MRK) Long-Term Deferred Tax (2010 - 2023) Analysis & Trends
At the end of FY2022, Merck's Long-Term Deferred Tax was $9.53 billion, down 17.7% from FY2021.
- Long-Term Deferred Tax carries a five-year compound annual growth rate of 9.4% (FY2017 to FY2022).
- Going back by year, Long-Term Deferred Tax was $11.58 billion in FY2021 (+17.2%), $9.88 billion in FY2020 (+45.9%), $6.77 billion in FY2019 (+15.1%) and $5.88 billion in FY2018 (-3.2%).
- The five-year range for quarterly Long-Term Deferred Tax is $5.88 billion (Q4 2018) to $11.58 billion (Q4 2021).
- Year-over-year, Long-Term Deferred Tax has declined for five consecutive quarters, with growth averaging 1.9% over the last eight quarters.
- The fastest year-over-year change in Long-Term Deferred Tax over five years came in Q1 2021 (growth of 48.7%), and the weakest in Q1 2020 (a decline of 19.0%).
- Business Quant data shows MRK's Long-Term Deferred Tax at $10.28 billion (Q1 2023), $9.53 billion (Q4 2022) and $9.58 billion (Q3 2022) in the three quarters before Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.58 Bn | 1,078.16 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 630.16 Bn | 548.69 Bn | 17.26 Bn |
| 3 | AbbVie | 488.57 Bn | 461.73 Bn | 12.70 Bn |
| 4 | Merck | 359.15 Bn | 313.58 Bn | 12.21 Bn |
| 5 | Novartis Ag | 274.32 Bn | 238.71 Bn | 11.24 Bn |
| 6 | Astrazeneca | 246.73 Bn | 220.50 Bn | 12.86 Bn |
| 7 | Amgen | 224.28 Bn | 179.68 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 187.60 Bn | 161.71 Bn | 6.22 Bn |
| 9 | Pfizer | 161.13 Bn | 108.08 Bn | 10.94 Bn |
| 10 | Vertex Pharmaceuticals | 129.23 Bn | 101.23 Bn | 2.84 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 |
API Access
Merck Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=MRK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "MRK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=MRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();