Merck (MRK) Long-Term Deferred Tax (2010 - 2023)
Merck (MRK) reported Long-Term Deferred Tax of $10.2 billion for 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.
Merck (MRK) Long-Term Deferred Tax (2010 - 2023) Analysis & Trends
Merck (MRK) has 14 years of Long-Term Deferred Tax data on file, last reported at $10.2 billion in Q2 2023.
- Long-Term Deferred Tax for Q2 2023 came in at $10.2 billion, down 7.15% year-over-year; the trailing twelve-month figure through Jun 2023 was $10.2 billion (down 7.15% YoY), and the FY2022 annual result was $9.5 billion, down 17.73% from the prior year.
- Long-Term Deferred Tax retreated to $10.2 billion in Q2 2023 per MRK's latest filing, 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.
- The sharpest annual moves came in 2020 and 2021: Long-Term Deferred Tax decreased 19.01% in 2020, then surged 48.7% in 2021.
- A 5-year view of Long-Term Deferred Tax shows it stood at $6.8 billion in 2019, then soared by 45.93% to $9.9 billion in 2020, then climbed by 17.21% to $11.6 billion in 2021, then decreased by 17.73% to $9.5 billion in 2022, then advanced by 6.92% to $10.2 billion in 2023.
- Business Quant data shows MRK's Long-Term Deferred Tax at $10.2 billion in Q2 2023, $10.3 billion in Q1 2023, and $9.5 billion in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - |
Historic Data
Download 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 |