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
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