MKKGY (Merck KGaA) Tax Rate % : 17.31% (As of Dec. 2024)

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What is Merck KGaA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Merck KGaA's Tax Expense for the three months ended in Dec. 2024 was $147 Mil. Merck KGaA's Pre-Tax Income for the three months ended in Dec. 2024 was $847 Mil. Therefore, Merck KGaA's Tax Rate % for the quarter that ended in Dec. 2024 was 17.31%.

Merck KGaA Tax Rate % Historical Data

The historical data trend for Merck KGaA's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Merck KGaA Tax Rate % Chart

Merck KGaA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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24.22

21.89

22.11

18.66

21.24

Merck KGaA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															8.27	22.25	22.93	22.15	17.31

Merck KGaA Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Merck KGaA's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	786.387	/	3702.618
	=	21.24 %

Merck KGaA's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	146.597	/	847.12
	=	17.31 %

Merck KGaA Tax Rate % Related Terms

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Merck KGaA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Merck KGaA (OTCPK:MKKGY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MKGAF:USA 1MRK:Italy MRKd:UK 0O14:UK MRK:Germany MRK:Bulgaria MRCK:Austria

Address

Frankfurter Strasse 250, Darmstadt, HE, DEU, 64293

Website

https://www.emdgroup.com

Merck KGaA operates in three main segments: life sciences, performance materials, and healthcare. The life sciences segment (44% of 2023 sales) primarily provides laboratory consumables and services to researchers in academia and applied fields, including the biopharmaceutical industry. In the healthcare segment (38%), Merck develops, manufactures, and sells branded pharmaceuticals with significant therapeutic concentrations in oncology, multiple sclerosis, and fertility. In its electronics segment (17%), the company offers specialty materials to manufacture a variety of products, such as semiconductors, flat-screen televisions, automobiles, and cosmetics. In 1995, the E. Merck KG family publicly sold part of the company, resulting in the current 30% public ownership of the firm.