Merck (MRK) Tax Provisions (2009 - 2026)
Merck's Tax Provisions came in at $654 million for Q2 2026, up 14.5% from $571 million a year earlier but down 7.8% from the prior quarter.
Merck (MRK) Tax Provisions (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Merck reported Tax Provisions of $2.78 billion, up 1.3% year-over-year; for FY2025, it came in at $2.8 billion, unchanged from FY2024.
- Tax Provisions carries a five-year compound annual growth rate of 15.9% (FY2020 to FY2025).
- Going back by year, Tax Provisions was $2.8 billion in FY2024 (+85.4%), $1.51 billion in FY2023 (-21.2%), $1.92 billion in FY2022 (+26.1%) and $1.52 billion in FY2021 (+13.5%).
- The five-year range for quarterly Tax Provisions is -$820 million (Q4 2023) to $958 million (Q3 2025).
- Year-over-year, Tax Provisions increased in five of the last seven quarters, with growth averaging 2.0%.
- The fastest year-over-year change in Tax Provisions over five years came in Q4 2022 (growth of 482.4%), and the weakest in Q3 2022 (a decline of 52.5%).
- Business Quant data shows MRK's Tax Provisions at $709 million (Q1 2026), $458 million (Q4 2025) and $958 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,199.50 Bn | 1,168.08 Bn | 19.71 Bn | 2.15 Bn |
| 2 | Johnson & Johnson | 635.17 Bn | 555.03 Bn | 17.30 Bn | -176.00 Mn |
| 3 | AbbVie | 504.69 Bn | 477.85 Bn | 12.70 Bn | 662.00 Mn |
| 4 | Merck | 358.43 Bn | 312.86 Bn | 12.21 Bn | 654.00 Mn |
| 5 | Novartis Ag | 288.36 Bn | 252.75 Bn | 11.24 Bn | 1.01 Bn |
| 6 | Astrazeneca | 265.78 Bn | 239.54 Bn | 12.86 Bn | 291.00 Mn |
| 7 | Amgen | 237.46 Bn | 192.86 Bn | 7.24 Bn | 393.00 Mn |
| 8 | Gilead Sciences | 193.65 Bn | 167.76 Bn | 6.22 Bn | 242.00 Mn |
| 9 | Pfizer | 171.05 Bn | 118.00 Bn | 10.94 Bn | -407.00 Mn |
| 10 | Vertex Pharmaceuticals | 132.74 Bn | 104.74 Bn | 2.84 Bn | 292.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 654.00 Mn |
| Mar 31, 2026 | 709.00 Mn |
| Dec 31, 2025 | 458.00 Mn |
| Sep 30, 2025 | 958.00 Mn |
| Jun 30, 2025 | 571.00 Mn |
| Mar 31, 2025 | 818.00 Mn |
| Dec 31, 2024 | 426.00 Mn |
| Sep 30, 2024 | 929.00 Mn |
| Jun 30, 2024 | 545.00 Mn |
| Mar 31, 2024 | 903.00 Mn |
| Dec 31, 2023 | -820.00 Mn |
| Sep 30, 2023 | 870.00 Mn |
| Jun 30, 2023 | 637.00 Mn |
| Mar 31, 2023 | 825.00 Mn |
| Dec 31, 2022 | 495.00 Mn |
| Sep 30, 2022 | 330.00 Mn |
| Jun 30, 2022 | 538.00 Mn |
| Mar 31, 2022 | 554.00 Mn |
| Dec 31, 2021 | 85.00 Mn |
| Sep 30, 2021 | 695.00 Mn |
Merck Tax Provisions 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=tax-provisions&ticker=MRK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=MRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();