Current Liabilities

Sales Rebates and Discounts

Merck & Co. Sales Rebates and Discounts decreased by 31.8% to $1.50B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 31.8%, from $2.20B to $1.50B. Over 5 years (FY 2020 to FY 2025), Sales Rebates and Discounts shows a downward trend with a -10.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ4 2025Feb 24, 2026

How to read this metric

An increase relative to sales may indicate more aggressive pricing strategies or increased competitive pressure.

Detailed definition

This metric represents the accrued liability for estimated rebates, volume discounts, and chargebacks owed to customers...

Peer comparison

Highly prevalent in the pharmaceutical and retail sectors where complex pricing structures exist.

Metric ID: sales_rebates_and_discounts

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$2.60B$2.70B$2.30B$2.20B$1.50B
QoQ Change+3.8%-14.8%-4.3%-31.8%
YoY Change+3.8%-14.8%-4.3%-31.8%
Range$1.50B$2.70B
CAGR-42.3%
Avg YoY Growth-11.8%
Median YoY Growth-9.6%
Current Streak3 quarters decline

Sales Rebates and Discounts at Other Companies

Frequently Asked Questions

What is Merck & Co.'s sales rebates and discounts?
Merck & Co. (MRK) reported sales rebates and discounts of $1.50B in Q4 2025.
How has Merck & Co.'s sales rebates and discounts changed year-over-year?
Merck & Co.'s sales rebates and discounts decreased by 31.8% year-over-year, from $2.20B to $1.50B.
What is the long-term trend for Merck & Co.'s sales rebates and discounts?
Over 5 years (2020 to 2025), Merck & Co.'s sales rebates and discounts has grown at a -10.4% compound annual growth rate (CAGR), from $2.60B to $1.50B.
What does sales rebates and discounts mean?
Money the company owes back to customers for rebates and discounts on products sold.