Merck (MRK) Tax Rate (2009 - 2026)
Merck's (MRK) quarterly Tax Rate came in at 95.75% in Q2 2026, down 10718.0% year-over-year from N/an in Q2 2025, and down 377.28% quarter-over-quarter from 20.06% in Q1 2026.
Analysis
Merck (MRK) Tax Rate (2009 - 2026) Analysis & Trends
Merck (MRK) has reported Tax Rate for 18 consecutive years, with 95.75% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 10718.0% year-over-year to 95.75% in Q2 2026; TTM through Jun 2026 was 46.72%, a 3240.0% increase from a year earlier, with the FY2025 full-year figure at 13.31%, down 75.0% from the prior year.
- Tax Rate was 95.75% for Q2 2026 at Merck, down from 20.06% in the prior quarter.
- Over five years, Tax Rate peaked at 40.08% in Q4 2023 and troughed at 95.75% in Q2 2026.
- A 5-year average of 5.99% and a median of 12.69% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 2599 bps in 2023 and plunged 10718 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 14.09% in 2022, then jumped by 184 bps to 40.08% in 2023, then sank by 75 bps to 10.22% in 2024, then surged by 31 bps to 13.39% in 2025, then sank by 815 bps to 95.75% in 2026.
- The last three Tax Rate figures came in at 95.75% (Q2 2026), 20.06% (Q1 2026), and 13.39% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 650.65 Bn | 629.89 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 466.34 Bn | 459.82 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 362.11 Bn | 355.02 Bn | 12.21 Bn | -95.75% |
| 4 | Novartis Ag | 267.81 Bn | 260.52 Bn | 11.24 Bn | -23.71% |
| 5 | Pfizer | 157.31 Bn | 145.91 Bn | 10.94 Bn | 62.33% |
| 6 | Bristol Myers Squibb | 128.75 Bn | 117.69 Bn | 9.25 Bn | 18.84% |
| 7 | Sanofi | 51.80 Bn | 44.84 Bn | 10.79 Bn | -31.96% |
| 8 | Revolution Medicines | 40.91 Bn | 40.91 Bn | - | - |
| 9 | BeOne Medicines | 39.65 Bn | 34.55 Bn | 1.53 Bn | 24.15% |
| 10 | Incyte | 25.18 Bn | 20.65 Bn | 1.57 Bn | 22.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -95.75% |
| Mar 31, 2026 | -20.06% |
| Dec 31, 2025 | 13.39% |
| Sep 30, 2025 | 14.20% |
| Jun 30, 2025 | 11.42% |
| Mar 31, 2025 | 13.86% |
| Dec 31, 2024 | 10.22% |
| Sep 30, 2024 | 22.71% |
| Jun 30, 2024 | 9.07% |
| Mar 31, 2024 | 15.93% |
| Dec 31, 2023 | 40.08% |
| Sep 30, 2023 | 15.48% |
| Jun 30, 2023 | -11.94% |
| Mar 31, 2023 | 22.60% |
| Dec 31, 2022 | 14.09% |
| Sep 30, 2022 | 9.21% |
| Jun 30, 2022 | 11.99% |
| Mar 31, 2022 | 11.40% |
| Dec 31, 2021 | 2.17% |
| Sep 30, 2021 | 13.20% |