Merck (MRK) Tax Rate (2009 - 2026)

Merck (MRK) reported 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 18 years of Tax Rate data on file, last reported at 20.26% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 20.26%, down 3411.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.11% (up 964.0% YoY), and the FY2025 annual result was 13.31%, down 75.0% from the prior year.
  • Tax Rate retreated to 20.26% in Q1 2026 per MRK's latest filing, from 13.39% in the prior quarter.
  • Over five years, Tax Rate peaked at 40.08% in Q4 2023 and troughed at 20.26% in Q1 2026.
  • A 5-year average of 11.96% and a median of 13.39% in 2025 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2026: Tax Rate jumped 2599 bps in 2023, then plunged 3411 bps in 2026.
  • A 5-year view of Tax Rate shows it stood at 14.09% in 2022, then surged by 184 bps to 40.08% in 2023, then plunged by 75 bps to 10.22% in 2024, then soared by 31 bps to 13.39% in 2025, then tumbled 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Gsk 92,316,836.42 Bn 92,316,831.46 Bn 7.76 Bn -14.23
2 Eli Lilly 983.57 Bn 978.29 Bn 16.22 Bn 16.43
3 Johnson & Johnson 553.56 Bn 531.50 Bn 15.96 Bn 12.60
4 AbbVie 383.35 Bn 374.00 Bn 10.78 Bn 32.92
5 Merck 281.71 Bn 276.06 Bn 12.09 Bn -20.26
6 Amgen 182.20 Bn 170.16 Bn 5.87 Bn 12.72
7 Gilead Sciences 153.71 Bn 145.98 Bn 5.52 Bn 21.67
8 Pfizer 143.75 Bn 130.98 Bn -1.21 Bn 14.54
9 Bristol Myers Squibb 109.71 Bn 99.25 Bn 8.07 Bn 17.31
10 Novartis Ag 108.28 Bn 107.60 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 -20.26%
Mar 31, 2026 -20.26%
Dec 31, 2025 13.39%
Dec 31, 2025 13.39%
Sep 30, 2025 14.20%
Sep 30, 2025 14.20%
Jun 30, 2025 11.42%
Jun 30, 2025 11.42%
Mar 31, 2025 13.86%
Mar 31, 2025 13.86%
Dec 31, 2024 10.22%
Dec 31, 2024 10.22%
Sep 30, 2024 22.71%
Sep 30, 2024 22.71%
Jun 30, 2024 9.07%
Jun 30, 2024 9.07%
Mar 31, 2024 15.93%
Mar 31, 2024 15.93%
Dec 31, 2023 40.08%
Dec 31, 2023 40.08%