Marathon Petroleum (MPC) Tax Rate (2010 - 2026)
Marathon Petroleum's (MPC) quarterly Tax Rate came in at 20.68% in Q2 2026, up 641.0% year-over-year from 2.79% in Q2 2025, and up 16.86% quarter-over-quarter from 17.7% in Q1 2026.
Marathon Petroleum (MPC) Tax Rate (2010 - 2026) Analysis & Trends
Marathon Petroleum has disclosed Tax Rate across 17 years of filings, most recently posting 20.68% for Q2 2026.
- In Q2 2026, Tax Rate rose 641.0% year-over-year to 20.68%; the TTM figure through Jun 2026 stood at 19.26% (up 691.0% YoY), while the FY2025 annual figure was 16.21%, up 127.0% from the prior year.
- Tax Rate came in at 20.68% for Q2 2026 at Marathon Petroleum, up from 17.7% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 22.46% in Q2 2022 to a low of 9.66% in Q1 2025.
- Average Tax Rate over 5 years is 17.7%, with a median of 18.34% recorded in 2023.
- Year-over-year, Tax Rate soared 4439 bps in 2022 and plunged 1164 bps in 2024.
- Over 5 years, Tax Rate stood at 21.61% in 2022, then fell by 18 bps to 17.82% in 2023, then slumped by 30 bps to 12.39% in 2024, then advanced by 28 bps to 15.82% in 2025, then jumped by 31 bps to 20.68% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 20.68% in Q2 2026, 17.7% in Q1 2026, and 15.82% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 109.49 Bn | 108.36 Bn | 9.27 Bn | 20.68% |
| 2 | Valero Energy | 108.59 Bn | 103.98 Bn | 5.47 Bn | 21.17% |
| 3 | HF Sinclair | 18.97 Bn | 16.77 Bn | 1.57 Bn | 23.81% |
| 4 | Sunoco | 10.01 Bn | 9.24 Bn | 1.46 Bn | 21.82% |
| 5 | PBF Energy | 8.52 Bn | 7.77 Bn | 1.15 Bn | 25.56% |
| 6 | Ultrapar Holdings | 8.23 Bn | 6.52 Bn | 912.61 Mn | 26.90% |
| 7 | Cvr Energy | 5.25 Bn | 4.73 Bn | 117.00 Mn | 17.86% |
| 8 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | -0.52% |
| 9 | Delek US Holdings | 4.49 Bn | 4.10 Bn | 365.10 Mn | 18.84% |
| 10 | Par Pacific Holdings | 3.96 Bn | 3.81 Bn | 852.68 Mn | 23.73% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.68% |
| Mar 31, 2026 | 17.70% |
| Dec 31, 2025 | 15.82% |
| Sep 30, 2025 | 19.14% |
| Jun 30, 2025 | 14.27% |
| Mar 31, 2025 | 9.66% |
| Dec 31, 2024 | 12.39% |
| Sep 30, 2024 | 10.02% |
| Jun 30, 2024 | 16.02% |
| Mar 31, 2024 | 18.26% |
| Dec 31, 2023 | 17.82% |
| Sep 30, 2023 | 21.66% |
| Jun 30, 2023 | 18.43% |
| Mar 31, 2023 | 21.06% |
| Dec 31, 2022 | 21.61% |
| Sep 30, 2022 | 22.12% |
| Jun 30, 2022 | 22.46% |
| Mar 31, 2022 | 19.39% |
| Dec 31, 2021 | 18.03% |
| Sep 30, 2021 | -1.78% |
Marathon Petroleum Tax Rate 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-rate&ticker=MPC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=MPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();