Merck & Co., Inc. Annual Income Tax Expense (Benefit) in USD from 2010 to 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Merck & Co., Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2024.
  • Merck & Co., Inc. Income Tax Expense (Benefit) for the quarter ending December 31, 2024 was $426M.
  • Merck & Co., Inc. Income Tax Expense (Benefit) for the twelve months ending December 31, 2024 was $2.8B, a 85.4% increase year-over-year.
  • Merck & Co., Inc. annual Income Tax Expense (Benefit) for 2024 was $2.8B, a 85.4% increase from 2023.
  • Merck & Co., Inc. annual Income Tax Expense (Benefit) for 2023 was $1.51B, a 21.2% decline from 2022.
  • Merck & Co., Inc. annual Income Tax Expense (Benefit) for 2022 was $1.92B, a 26.1% increase from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $2.8B +$1.29B +85.4% Jan 1, 2024 Dec 31, 2024 10-K 2025-02-25
2023 $1.51B -$406M -21.2% Jan 1, 2023 Dec 31, 2023 10-K 2025-02-25
2022 $1.92B +$397M +26.1% Jan 1, 2022 Dec 31, 2022 10-K 2025-02-25
2021 $1.52B +$181M +13.5% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-26
2020 $1.34B -$225M -14.4% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $1.57B -$943M -37.6% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-25
2018 $2.51B -$1.6B -38.9% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-25
2017 $4.1B +$3.39B +471% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-26
2016 $718M -$224M -23.8% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-27
2015 $942M -$4.41B -82.4% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-27
2014 $5.35B +$4.32B +420% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-28
2013 $1.03B -$1.41B -57.9% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-26
2012 $2.44B +$1.5B +159% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-27
2011 $942M +$271M +40.4% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-27
2010 $671M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.