Federal and state intangible assets
Merck & Co. Federal and state intangible assets increased by 234.6% to $3.27B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 234.6%, from $978.00M to $3.27B. Over 5 years (FY 2020 to FY 2025), Federal and state intangible assets shows an upward trend with a 21.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase typically follows acquisitions where the book value of intangibles exceeds the tax basis, signaling potential future tax outflows.
Detailed definition
This metric captures the deferred tax liabilities associated with the carrying value of goodwill and other intangible as...
Peer comparison
Varies significantly based on M&A history; companies with aggressive acquisition strategies typically report higher balances.
other_deferred_tax_liabilities_goodwill_and_intangible_a_f0831fHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $3.21B | $2.58B | $1.31B | $978.00M | $3.27B |
| QoQ Change | — | -19.7% | -49.2% | -25.2% | +234.6% |
| YoY Change | — | -19.7% | -49.2% | -25.2% | +234.6% |
Federal and state intangible assets at Other Companies
Frequently Asked Questions
- What is Merck & Co.'s federal and state intangible assets?
- Merck & Co. (MRK) reported federal and state intangible assets of $3.27B in Q4 2025.
- How has Merck & Co.'s federal and state intangible assets changed year-over-year?
- Merck & Co.'s federal and state intangible assets increased by 234.6% year-over-year, from $978.00M to $3.27B.
- What is the long-term trend for Merck & Co.'s federal and state intangible assets?
- Over 5 years (2020 to 2025), Merck & Co.'s federal and state intangible assets has grown at a 21.2% compound annual growth rate (CAGR), from $1.25B to $3.27B.
- What does federal and state intangible assets mean?
- The future tax liability created by the difference between the book value and tax basis of intangible assets and goodwill.