Growth Metrics

Merck (MRK) Tax Rate (2016 - 2025)

Merck (MRK) has disclosed Tax Rate for 17 consecutive years, with 13.36% as the latest value for Q4 2025.

  • On a quarterly basis, Tax Rate rose 315.0% to 13.36% in Q4 2025 year-over-year; TTM through Dec 2025 was 13.31%, a 75.0% decrease, with the full-year FY2025 number at 13.31%, down 75.0% from a year prior.
  • Tax Rate was 13.36% for Q4 2025 at Merck, down from 14.2% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 41.94% in Q4 2023 to a low of 12.74% in Q2 2023.
  • A 5-year average of 13.87% and a median of 13.28% in 2021 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: skyrocketed 2784bps in 2023, then tumbled -3172bps in 2024.
  • Merck's Tax Rate stood at 2.17% in 2021, then soared by 548bps to 14.09% in 2022, then surged by 198bps to 41.94% in 2023, then crashed by -76bps to 10.22% in 2024, then skyrocketed by 31bps to 13.36% in 2025.
  • Per Business Quant, the three most recent readings for MRK's Tax Rate are 13.36% (Q4 2025), 14.2% (Q3 2025), and 11.42% (Q2 2025).