Marathon Petroleum (MPC) Tax Provisions (2010 - 2026)
Marathon Petroleum's (MPC) quarterly Tax Provisions came in at $183.0 million in Q1 2026, up 394.59% year-on-year from $37.0 million in Q1 2025, and down 50.81% quarter-over-quarter from $372.0 million in Q4 2025.
Marathon Petroleum (MPC) Tax Provisions (2010 - 2026) Analysis & Trends
Marathon Petroleum has disclosed Tax Provisions across 17 years of filings, most recently posting $183.0 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at $183.0 million, up 394.59% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 102.37% YoY), and the FY2025 annual result was $1.1 billion, up 27.75% from the prior year.
- Tax Provisions came in at $183.0 million for Q1 2026 at Marathon Petroleum, down from $372.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $1.8 billion in Q2 2022 to a low of $37.0 million in Q1 2025.
- The 5-year median for Tax Provisions is $373.0 million (2024), against an average of $559.9 million.
- Across the five-year window, Tax Provisions soared 35880.0% in 2022 and sank 88.75% in 2024, its largest moves.
- Marathon Petroleum's Tax Provisions stood at $984.0 million in 2022, then slumped by 58.64% to $407.0 million in 2023, then slumped by 72.73% to $111.0 million in 2024, then jumped by 235.14% to $372.0 million in 2025, then tumbled by 50.81% to $183.0 million in 2026.
- The last three Tax Provisions figures came in at $183.0 million (Q1 2026), $372.0 million (Q4 2025), and $460.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | 183.00 Mn |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 401.00 Mn |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | 41.00 Mn |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 189.00 Mn |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 35.00 Mn |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | - |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | -49.00 Mn |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 58.30 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 | -58.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 5.00 Mn |