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% on a QoQ basis from 13.39% in Q4 2025.
Merck (MRK) has 18 years of Tax Rate data on file, last reported at 20.26% in Q1 2026.
- Quarterly Tax Rate fell 3411.0% year-over-year to 20.26% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.11% (up 964.0% YoY) and the FY2025 annual result came in at 13.31%, down 75.0% from the prior year.
- Tax Rate slipped 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.
- The 5-year median for Tax Rate is 13.39% (2025), against an average of 11.96%.
- The widest annual swing landed in 2023, when Tax Rate surged 2599 bps; it then slumped 3411 bps in 2026.
- Tracing MRK's Tax Rate over 5 years: stood at 14.09% in 2022, then soared by 184 bps to 40.08% in 2023, then slumped by 75 bps to 10.22% in 2024, then jumped by 31 bps to 13.39% in 2025, then sank by 251 bps to 20.26% in 2026.
- Per Business Quant, the three latest MRK Tax Rate figures stand at 20.26% (Q1 2026), 13.39% (Q4 2025), and 14.2% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Novartis Ag | 107,124,802.25 Bn | 107,124,802.25 Bn | - | - |
| 2 | Eli Lilly | 969.00 Bn | 963.72 Bn | 16.22 Bn | 16.43 |
| 3 | Johnson & Johnson | 539.46 Bn | 517.41 Bn | 15.96 Bn | 12.60 |
| 4 | AbbVie | 376.92 Bn | 367.57 Bn | 10.78 Bn | 32.92 |
| 5 | Merck | 285.00 Bn | 279.35 Bn | 12.09 Bn | -20.26 |
| 6 | Amgen | 177.58 Bn | 165.55 Bn | 5.87 Bn | 12.72 |
| 7 | Gilead Sciences | 163.22 Bn | 155.50 Bn | 5.52 Bn | 21.67 |
| 8 | Pfizer | 145.86 Bn | 133.09 Bn | -1.21 Bn | 14.54 |
| 9 | Bristol Myers Squibb | 111.90 Bn | 101.44 Bn | 8.07 Bn | 17.31 |
| 10 | Gsk | 88.34 Bn | 83.66 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 |
| Sep 30, 2023 | 15.48 |
| Sep 30, 2023 | 15.48 |
| Jun 30, 2023 | -12.02 |
| Jun 30, 2023 | -12.02 |
| Mar 31, 2023 | 22.60 |
| Mar 31, 2023 | 22.60 |
| Dec 31, 2022 | 14.09 |
| Dec 31, 2022 | 14.09 |
| Sep 30, 2022 | 9.21 |
| Sep 30, 2022 | 9.21 |
| Jun 30, 2022 | 11.99 |
| Jun 30, 2022 | 11.99 |
| Mar 31, 2022 | 11.40 |
| Mar 31, 2022 | 11.40 |
| Dec 31, 2021 | 2.17 |
| Dec 31, 2021 | 2.17 |
| Sep 30, 2021 | 13.20 |
| Sep 30, 2021 | 13.20 |
| Jun 30, 2021 | 29.30 |
| Jun 30, 2021 | 29.30 |
| Mar 31, 2021 | 7.97 |
| Mar 31, 2021 | 7.97 |
| Dec 31, 2020 | -2.71 |
| Dec 31, 2020 | -2.71 |
| Sep 30, 2020 | 14.04 |
| Sep 30, 2020 | 14.04 |
| Jun 30, 2020 | 14.45 |
| Jun 30, 2020 | 14.45 |
| Mar 31, 2020 | 16.13 |
| Mar 31, 2020 | 16.13 |
| Dec 31, 2019 | -20.37 |
| Dec 31, 2019 | -20.37 |
| Sep 30, 2019 | 18.75 |
| Sep 30, 2019 | 18.75 |
| Jun 30, 2019 | 18.87 |
| Jun 30, 2019 | 18.87 |
| Mar 31, 2019 | 6.68 |
| Mar 31, 2019 | 6.68 |
| Dec 31, 2018 | 31.72 |
| Dec 31, 2018 | 31.72 |
| Sep 30, 2018 | 26.53 |
| Sep 30, 2018 | 26.53 |
| Jun 30, 2018 | 17.74 |
| Jun 30, 2018 | 17.74 |
| Mar 31, 2018 | 44.91 |
| Mar 31, 2018 | 44.91 |
| Dec 31, 2017 | 155.24 |
| Dec 31, 2017 | 155.24 |
| Sep 30, 2017 | 125.50 |
| Sep 30, 2017 | 125.50 |
| Jun 30, 2017 | 20.01 |
| Jun 30, 2017 | 20.01 |
| Mar 31, 2017 | 22.32 |
| Mar 31, 2017 | 22.32 |
| Dec 31, 2016 | 56.71 |
| Dec 31, 2016 | 56.71 |
| Sep 30, 2016 | 24.21 |
| Sep 30, 2016 | 24.21 |
| Jun 30, 2016 | 19.61 |
| Jun 30, 2016 | 19.61 |
| Mar 31, 2016 | 30.42 |
| Mar 31, 2016 | 30.42 |
| Dec 31, 2015 | -20.34 |
| Dec 31, 2015 | -20.34 |
| Sep 30, 2015 | 23.61 |
| Sep 30, 2015 | 23.61 |
| Jun 30, 2015 | 14.75 |
| Jun 30, 2015 | 14.75 |
| Mar 31, 2015 | 30.63 |
| Mar 31, 2015 | 30.63 |
| Dec 31, 2014 | 37.96 |
| Dec 31, 2014 | 37.96 |
| Sep 30, 2014 | 43.49 |
| Sep 30, 2014 | 43.49 |
| Jun 30, 2014 | -7.51 |
| Jun 30, 2014 | -7.51 |
| Mar 31, 2014 | 17.22 |
| Mar 31, 2014 | 17.22 |
| Dec 31, 2013 | 33.47 |
| Dec 31, 2013 | 33.47 |
| Sep 30, 2013 | 24.59 |
| Sep 30, 2013 | 24.59 |
| Jun 30, 2013 | 24.90 |
| Jun 30, 2013 | 24.90 |
| Mar 31, 2013 | -4.26 |
| Mar 31, 2013 | -4.26 |
| Dec 31, 2012 | 28.86 |
| Dec 31, 2012 | 28.86 |
| Sep 30, 2012 | 20.51 |
| Sep 30, 2012 | 20.51 |
| Jun 30, 2012 | 32.09 |
| Jun 30, 2012 | 32.09 |
| Mar 31, 2012 | 29.52 |
| Mar 31, 2012 | 29.52 |
| Dec 31, 2011 | 2.40 |
| Dec 31, 2011 | 2.40 |
| Sep 30, 2011 | 26.70 |
| Sep 30, 2011 | 26.70 |
| Jun 30, 2011 | -22.85 |
| Jun 30, 2011 | -22.85 |
| Mar 31, 2011 | 38.06 |
| Mar 31, 2011 | 38.06 |
| Dec 31, 2010 | 10.84 |
| Dec 31, 2010 | 10.84 |
| Sep 30, 2010 | 25.30 |
| Sep 30, 2010 | 25.30 |
| Jun 30, 2010 | 37.15 |
| Jun 30, 2010 | 37.15 |
| Mar 31, 2010 | 44.34 |
| Mar 31, 2010 | 44.34 |
| Dec 31, 2009 | -0.46 |
| Dec 31, 2009 | -0.46 |
| Sep 30, 2009 | 264.95 |
| Sep 30, 2009 | 264.95 |
| Jun 30, 2009 | 49.03 |
| Jun 30, 2009 | 49.03 |
| Mar 31, 2009 | 28.96 |
| Mar 31, 2009 | 28.96 |