Marathon Petroleum (MPC) Deferred Taxes (2010 - 2026)
Marathon Petroleum (MPC) posted Deferred Taxes of $19.0 million for Q1 2026, down 38.71% sequentially from $31.0 million in Q4 2025, and up 167.86% YoY from $7.1 million in Q1 2025.
Marathon Petroleum (MPC) Deferred Taxes (2010 - 2026) Analysis & Trends
Marathon Petroleum has reported Deferred Taxes for 17 years, with the latest figure at $19.0 million in Q1 2026.
- Quarterly Deferred Taxes rose 167.86% year-over-year to $19.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $329.0 million (up 381.2% YoY) and the FY2025 annual result came in at $282.0 million, up 327.42% from the prior year.
- Deferred Taxes retreated to $19.0 million in Q1 2026 per MPC's latest filing, from $31.0 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $309.0 million in Q3 2025 and troughed at -$86.0 million in Q3 2023.
- A 5-year average of $25.8 million and a median of -$5.0 million in 2023 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2022 and 2024: Deferred Taxes surged 4100.0% in 2022, then slumped 600.0% in 2024.
- Over 5 years, Deferred Taxes stood at $252.0 million in 2022, then sank by 85.71% to $36.0 million in 2023, then tumbled by 77.78% to $8.0 million in 2024, then soared by 287.5% to $31.0 million in 2025, then plunged by 38.71% to $19.0 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered $19.0 million, $31.0 million, and $309.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 96.50 Bn | 88.73 Bn | 9.27 Bn | -46.00 Mn |
| 2 | Valero Energy | 94.93 Bn | 87.06 Bn | 5.47 Bn | 129.00 Mn |
| 3 | Phillips 66 | 89.73 Bn | 85.63 Bn | 8.38 Bn | 66.00 Mn |
| 4 | HF Sinclair | 15.45 Bn | 13.18 Bn | 1.57 Bn | 30.00 Mn |
| 5 | Sunoco | 10.12 Bn | 9.34 Bn | 1.46 Bn | -7.00 Mn |
| 6 | PBF Energy | 8.17 Bn | 7.28 Bn | 1.15 Bn | 219.00 Mn |
| 7 | Cosan | 6.46 Bn | 1.35 Bn | 552.94 Mn | - |
| 8 | Ultrapar Holdings | 6.38 Bn | 4.66 Bn | 603.08 Mn | 8.93 Mn |
| 9 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | - |
| 10 | Delek US Holdings | 3.93 Bn | 3.30 Bn | 365.10 Mn | -3.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -46.00 Mn |
| Mar 31, 2026 | 19.00 Mn |
| Dec 31, 2025 | 31.00 Mn |
| Sep 30, 2025 | 309.00 Mn |
| Jun 30, 2025 | -30.00 Mn |
| Mar 31, 2025 | -28.00 Mn |
| Dec 31, 2024 | 8.00 Mn |
| Sep 30, 2024 | -37.00 Mn |
| Jun 30, 2024 | -60.00 Mn |
| Mar 31, 2024 | -35.00 Mn |
| Dec 31, 2023 | 36.00 Mn |
| Sep 30, 2023 | -86.00 Mn |
| Jun 30, 2023 | 27.00 Mn |
| Mar 31, 2023 | -5.00 Mn |
| Dec 31, 2022 | 252.00 Mn |
| Sep 30, 2022 | 130.00 Mn |
| Jun 30, 2022 | -40.00 Mn |
| Mar 31, 2022 | -52.00 Mn |
| Dec 31, 2021 | 6.00 Mn |
| Sep 30, 2021 | -126.00 Mn |