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| Date | Value |
|---|---|
| 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% |