Marathon Petroleum MPC
NYSE MPC
$395.47 +3.44 (+0.88%)
As of: Sep 30, 2026 · 3:59 PM EDT

Marathon Petroleum (MPC) Tax Provisions (2010 - 2026)

Updated

Marathon Petroleum (MPC) reported Tax Provisions of $1.44 billion for Q2 2026, up 438.8% from $268 million a year earlier and up 689.1% from the prior quarter.

Analysis

Marathon Petroleum (MPC) Tax Provisions (2010 - 2026) Analysis & Trends

Over the twelve months ended Jun 30, 2026, Marathon Petroleum's Tax Provisions came in at $2.46 billion, up 364.8% year-over-year; for FY2025, it came in at $1.14 billion, up 27.8% from FY2024.

  • By year, Tax Provisions came in at $890 million in FY2024 (-68.4%), $2.82 billion in FY2023 (-37.3%), $4.49 billion in FY2022 and $264 million in FY2021.
  • The Q2 2026 figure ranks as the highest quarterly Tax Provisions since Q2 2022.
  • Year over year, Tax Provisions has now increased in each of the last four quarters, with growth averaging 137.3% over the last eight quarters.
  • The high point for year-over-year Tax Provisions in five years was Q1 2022 (growth of 729.4%); the low point was Q3 2024 (a decline of 88.7%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at $183 million (Q1 2026), $372 million (Q4 2025) and $460 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Valero Energy 111.65 Bn 91.85 Bn 5.47 Bn 1.09 Bn
2 Marathon Petroleum 110.08 Bn 100.48 Bn 9.27 Bn 1.44 Bn
3 HF Sinclair 18.77 Bn 13.00 Bn 1.57 Bn 279.00 Mn
4 Sunoco 9.95 Bn 4.33 Bn 1.46 Bn 79.00 Mn
5 PBF Energy 8.98 Bn 6.67 Bn 1.15 Bn 314.20 Mn
6 Ultrapar Holdings 7.84 Bn 1.62 Bn 912.61 Mn -
7 Cvr Energy 5.08 Bn 2.87 Bn 117.00 Mn 10.00 Mn
8 Icahn Enterprises 4.88 Bn -880.12 Mn - 2.00 Mn
9 Delek US Holdings 4.20 Bn 1.93 Bn 365.10 Mn 41.80 Mn
10 Par Pacific Holdings 3.92 Bn 3.28 Bn 852.68 Mn 144.05 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.44 Bn
Mar 31, 2026 183.00 Mn
Dec 31, 2025 372.00 Mn
Sep 30, 2025 460.00 Mn
Jun 30, 2025 268.00 Mn
Mar 31, 2025 37.00 Mn
Dec 31, 2024 111.00 Mn
Sep 30, 2024 113.00 Mn
Jun 30, 2024 373.00 Mn
Mar 31, 2024 293.00 Mn
Dec 31, 2023 407.00 Mn
Sep 30, 2023 1.00 Bn
Jun 30, 2023 583.00 Mn
Mar 31, 2023 823.00 Mn
Dec 31, 2022 984.00 Mn
Sep 30, 2022 1.43 Bn
Jun 30, 2022 1.80 Bn
Mar 31, 2022 282.00 Mn
Dec 31, 2021 243.00 Mn
Sep 30, 2021 -18.00 Mn
API Access

Marathon Petroleum Tax Provisions API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=tax-provisions&ticker=MPC&period=max&api_key=YOUR_API_KEY