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
DateValue
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