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Growth Metrics

Marathon Petroleum (MPC) Change in Taxes (2019 - 2023)

Marathon Petroleum's Change in Taxes history spans 5 years, with the latest figure at $319.0 million for Q4 2023.

  • For Q4 2023, Change in Taxes fell 22.76% year-over-year to $319.0 million; the TTM value through Dec 2023 reached -$135.0 million, down 124.32%, while the annual FY2023 figure was -$135.0 million, 124.32% down from the prior year.
  • Change in Taxes for Q4 2023 was $319.0 million at Marathon Petroleum, up from -$408.0 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $1.3 billion in Q1 2020 and bottomed at -$1.6 billion in Q4 2021.
  • The 5-year median for Change in Taxes is $28.0 million (2020), against an average of $24.8 million.
  • The largest annual shift saw Change in Taxes skyrocketed 6926.32% in 2020 before it plummeted 3776.92% in 2023.
  • A 5-year view of Change in Taxes shows it stood at $107.0 million in 2019, then skyrocketed by 493.46% to $635.0 million in 2020, then plummeted by 344.72% to -$1.6 billion in 2021, then skyrocketed by 126.58% to $413.0 million in 2022, then decreased by 22.76% to $319.0 million in 2023.
  • Per Business Quant, the three most recent readings for MPC's Change in Taxes are $319.0 million (Q4 2023), -$408.0 million (Q3 2023), and $432.0 million (Q2 2023).