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

Marathon Petroleum's (MPC) quarterly Tax Rate came in at 17.7% in Q1 2026, up 804.0% year-on-year from 1.96% in Q1 2025, and up 11.85% quarter-over-quarter from 15.82% in Q4 2025.

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

Marathon Petroleum has disclosed Tax Rate across 17 years of filings, most recently posting 17.7% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 17.7%, up 804.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.74% (up 335.0% YoY), and the FY2025 annual result was 16.21%, up 127.0% from the prior year.
  • Tax Rate came in at 17.7% for Q1 2026 at Marathon Petroleum, up from 15.82% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 22.44% in Q2 2022 to a low of 9.66% in Q1 2025.
  • The 5-year median for Tax Rate is 18.26% (2024), against an average of 17.52%.
  • Across the five-year window, Tax Rate surged 4439 bps in 2022 and sank 1164 bps in 2024, its largest moves.
  • Marathon Petroleum's Tax Rate stood at 21.61% in 2022, then fell by 18 bps to 17.82% in 2023, then plunged by 30 bps to 12.39% in 2024, then advanced by 28 bps to 15.82% in 2025, then climbed by 12 bps to 17.7% in 2026.
  • The last three Tax Rate figures came in at 17.7% (Q1 2026), 15.82% (Q4 2025), and 19.14% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Marathon Petroleum 76.18 Bn 80.70 Bn 3.31 Bn 17.70%
2 Valero Energy 75.63 Bn 72.96 Bn 30.79 Bn 23.27%
3 Phillips 66 71.92 Bn 67.92 Bn 31.12 Bn 15.77%
4 HF Sinclair 12.56 Bn 11.48 Bn 1.19 Bn 22.53%
5 Sunoco 8.81 Bn 8.10 Bn 1.69 Bn 5.15%
6 Cosan 5.12 Bn 250.68 Mn 552.94 Mn -
7 Icahn Enterprises 4.72 Bn 3.42 Bn -134.00 Mn 8.01%
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn 22.55%
9 Cvr Energy 3.16 Bn 2.85 Bn -103.00 Mn 15.34%
10 Delek US Holdings 2.80 Bn 2.43 Bn -130.20 Mn 23.38%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.70%
Mar 31, 2026 17.70%
Dec 31, 2025 15.82%
Dec 31, 2025 15.82%
Sep 30, 2025 19.14%
Sep 30, 2025 19.14%
Jun 30, 2025 14.27%
Jun 30, 2025 14.27%
Mar 31, 2025 9.66%
Mar 31, 2025 9.66%
Dec 31, 2024 12.39%
Dec 31, 2024 12.39%
Sep 30, 2024 10.02%
Sep 30, 2024 10.02%
Jun 30, 2024 16.02%
Jun 30, 2024 16.02%
Mar 31, 2024 18.26%
Mar 31, 2024 18.26%
Dec 31, 2023 17.82%
Dec 31, 2023 17.82%