Merck (MRK) Tax Rate (2009 - 2026)
Merck (MRK) posted quarterly Tax Rate of 20.26% for Q1 2026, down 3411.0% year-over-year from 0.61% in Q1 2025, and down 251.27% quarter-over-quarter from 13.39% in Q4 2025.
Merck (MRK) Tax Rate (2009 - 2026) Analysis & Trends
Merck (MRK) has reported Tax Rate for 18 consecutive years, with 20.26% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 3411.0% year-over-year to 20.26%; the TTM figure through Mar 2026 stood at 23.11% (up 964.0% YoY), while the FY2025 annual figure was 13.31%, down 75.0% from the prior year.
- Tax Rate declined to 20.26% in Q1 2026 per MRK's latest filing, from 13.39% in the prior quarter.
- Across five years, Tax Rate topped out at 40.08% in Q4 2023 and bottomed at 20.26% in Q1 2026.
- Historically, Tax Rate has averaged 11.97% across 5 years, with a median of 13.39% in 2025.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 2599 bps — and 2026, when it plunged 3411 bps.
- Merck's Tax Rate stood at 14.09% in 2022, then soared by 184 bps to 40.08% in 2023, then sank by 75 bps to 10.22% in 2024, then jumped by 31 bps to 13.39% in 2025, then plunged by 251 bps to 20.26% in 2026.
- Business Quant data shows MRK's Tax Rate at 20.26% in Q1 2026, 13.39% in Q4 2025, and 14.2% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 652.20 Bn | 631.44 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 469.51 Bn | 462.94 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 376.81 Bn | 369.67 Bn | 12.21 Bn | -95.75% |
| 4 | Novartis Ag | 303.04 Bn | 295.35 Bn | 11.24 Bn | 23.71% |
| 5 | Astrazeneca | 257.61 Bn | 252.71 Bn | 12.86 Bn | 10.40% |
| 6 | Amgen | 237.37 Bn | 223.38 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 181.73 Bn | 178.55 Bn | 6.22 Bn | -2.36% |
| 8 | Pfizer | 159.66 Bn | 147.96 Bn | 10.94 Bn | 62.33% |
| 9 | Gsk | 106.24 Bn | 102.07 Bn | 8.24 Bn | 56.21% |
| 10 | Sanofi | 55.07 Bn | 47.69 Bn | 10.79 Bn | -3.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -95.75% |
| Jun 30, 2026 | -95.75% |
| Jun 30, 2026 | -95.75% |
| Mar 31, 2026 | -20.26% |
| Mar 31, 2026 | -20.26% |
| Mar 31, 2026 | -20.26% |
| Dec 31, 2025 | 13.39% |
| Dec 31, 2025 | 13.39% |
| Dec 31, 2025 | 13.39% |
| Sep 30, 2025 | 14.20% |
| Sep 30, 2025 | 14.20% |
| Sep 30, 2025 | 14.20% |
| Jun 30, 2025 | 11.42% |
| Jun 30, 2025 | 11.42% |
| Jun 30, 2025 | 11.42% |
| Mar 31, 2025 | 13.86% |
| Mar 31, 2025 | 13.86% |
| Mar 31, 2025 | 13.86% |
| Dec 31, 2024 | 10.22% |
| Dec 31, 2024 | 10.22% |