Marathon Petroleum (MPC) Tax Provisions (2010 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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();