Marathon Petroleum (MPC) Deferred Taxes (2010 - 2026)
Marathon Petroleum's (MPC) quarterly Deferred Taxes came in at $19.0 million in Q1 2026, up 167.86% year-on-year from $7.1 million in Q1 2025, and down 38.71% quarter-over-quarter from $31.0 million in Q4 2025.
Marathon Petroleum (MPC) Deferred Taxes (2010 - 2026) Analysis & Trends
Marathon Petroleum has disclosed Deferred Taxes across 17 years of filings, most recently posting $19.0 million for Q1 2026.
- Deferred Taxes for Q1 2026 came in at $19.0 million, up 167.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $329.0 million (up 381.2% YoY), and the FY2025 annual result was $282.0 million, up 327.42% from the prior year.
- Deferred Taxes came in at $19.0 million for Q1 2026 at Marathon Petroleum, down from $31.0 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $309.0 million in Q3 2025 to a low of -$86.0 million in Q3 2023.
- The 5-year median for Deferred Taxes is -$5.0 million (2023), against an average of $25.8 million.
- Across the five-year window, Deferred Taxes soared 4100.0% in 2022 and slumped 600.0% in 2024, its largest moves.
- Marathon Petroleum's 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 jumped by 287.5% to $31.0 million in 2025, then plunged by 38.71% to $19.0 million in 2026.
- The last three Deferred Taxes figures came in at $19.0 million (Q1 2026), $31.0 million (Q4 2025), and $309.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | 19.00 Mn |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | -397.00 Mn |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | 67.00 Mn |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 93.00 Mn |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 17.00 Mn |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | -4.55 Mn |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | 53.00 Mn |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 57.90 Mn |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | -29.00 Mn |
| 10 | Delek US Holdings | 2.80 Bn | 2.43 Bn | -130.20 Mn | -58.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -73.00 Mn |