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

Marathon Petroleum has disclosed Change in Taxes across 5 years of filings, most recently posting $319.0 million for Q4 2023.

• Change in Taxes for Q4 2023 came in at $319.0 million, down 22.76% year-over-year; the trailing twelve-month figure through Dec 2023 was -$135.0 million (down 124.32% YoY), and the FY2023 annual result was -$135.0 million, down 124.32% from the prior year.
• Change in Taxes came in at $319.0 million for Q4 2023 at Marathon Petroleum, up from -$408.0 million in the prior quarter.
• In the past five years, Change in Taxes ranged from a high of $1.3 billion in Q1 2020 to a low of -$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.
• Across the five-year window, Change in Taxes soared 6926.32% in 2020 and slumped 3776.92% in 2023, its largest moves.
• Marathon Petroleum's Change in Taxes stood at $107.0 million in 2019, then soared by 493.46% to $635.0 million in 2020, then sank by 344.72% to -$1.6 billion in 2021, then soared by 126.58% to $413.0 million in 2022, then retreated by 22.76% to $319.0 million in 2023.
• The last three Change in Taxes figures came in at $319.0 million (Q4 2023), -$408.0 million (Q3 2023), and $432.0 million (Q2 2023), per Business Quant data.