Merck MRK
NYSE MRK
$146.77 -0.36 (-0.24%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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