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| Date | Value |
|---|---|
| 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% |