Merck MRK
NYSE MRK
$146.77 -0.36 (-0.24%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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%