Marathon Petroleum (MPC) Tax Provisions (2010 - 2026)
Marathon Petroleum (MPC) reported Tax Provisions of $2.29 billion for Q3 2026, up 397.8% from $460 million a year earlier and up 58.6% from the prior quarter.
Marathon Petroleum (MPC) Tax Provisions (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Marathon Petroleum's Tax Provisions came in at $4.29 billion, up 389.6% 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 Q3 2026 figure ranks as the highest quarterly Tax Provisions in data going back to Q2 2010.
- Year over year, Tax Provisions has now increased in each of the last five quarters, with growth averaging 198.1% 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 Q3 2026 came in at $1.44 billion (Q2 2026), $183 million (Q1 2026) and $372 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 108.78 Bn | 81.58 Bn | 12.69 Bn | 2.29 Bn |
| 2 | Valero Energy | 101.48 Bn | 73.34 Bn | 9.41 Bn | 2.07 Bn |
| 3 | HF Sinclair | 17.55 Bn | 9.83 Bn | 3.15 Bn | 632.00 Mn |
| 4 | Sunoco | 8.51 Bn | 5.36 Bn | 1.56 Bn | 106.00 Mn |
| 5 | PBF Energy | 8.25 Bn | 3.75 Bn | 2.17 Bn | 503.80 Mn |
| 6 | Ultrapar Holdings | 5.89 Bn | -1.35 Bn | 912.61 Mn | 488.02 Mn |
| 7 | Delek US Holdings | 3.99 Bn | 1.48 Bn | 365.10 Mn | 41.80 Mn |
| 8 | Cvr Energy | 3.92 Bn | 882.00 Mn | 783.00 Mn | 141.00 Mn |
| 9 | Icahn Enterprises | 3.47 Bn | -2.79 Bn | - | 113.00 Mn |
| 10 | Bw Lpg | 3.35 Bn | 2.34 Bn | - | -6.61 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.29 Bn |
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "MPC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=MPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();