Marathon Petroleum (MPC) Tax Rate (2010 - 2026)
Marathon Petroleum (MPC) posted Tax Rate of 22.53% for Q3 2026, up 3.39 percentage points from 19.14% a year earlier and up 1.85 percentage points from the prior quarter.
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Analysis
Marathon Petroleum (MPC) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Rate at Marathon Petroleum was 20.89%, up 5.14 percentage points year-over-year; for FY2025, it came in at 16.21%, up 1.27 percentage points from FY2024.
- Annual Tax Rate shows a four-year change of +6.84 percentage points (FY2021 to FY2025).
- In prior years, Marathon Petroleum's Tax Rate was 14.94% in FY2024 (-5.20 pp), 20.14% in FY2023 (-1.80 pp), 21.94% in FY2022 (+12.57 pp) and 9.37% in FY2021.
- The Q3 2026 figure stands as the highest quarterly Tax Rate since Q2 2020.
- On a year-over-year basis, Tax Rate has increased in each of the last five quarters, with an average year-over-year change of +1.83 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2022, with a gain of 21.61 percentage points; the weakest was Q3 2024, with a drop of 11.64 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 20.68% (Q2 2026), 17.70% (Q1 2026) and 15.82% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 103.92 Bn | 76.72 Bn | 12.69 Bn | 22.53% |
| 2 | Valero Energy | 98.70 Bn | 70.56 Bn | 9.41 Bn | 22.82% |
| 3 | HF Sinclair | 17.12 Bn | 9.40 Bn | 3.15 Bn | 23.86% |
| 4 | Sunoco | 8.45 Bn | 5.30 Bn | 1.56 Bn | 17.52% |
| 5 | PBF Energy | 7.96 Bn | 3.45 Bn | 2.17 Bn | 24.61% |
| 6 | Ultrapar Holdings | 5.80 Bn | -1.43 Bn | 912.61 Mn | 51.44% |
| 7 | Delek US Holdings | 3.90 Bn | 1.39 Bn | 365.10 Mn | 18.84% |
| 8 | Cvr Energy | 3.81 Bn | 775.98 Mn | 783.00 Mn | 20.03% |
| 9 | Icahn Enterprises | 3.40 Bn | -2.86 Bn | - | - |
| 10 | Bw Lpg | 3.31 Bn | 2.29 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.53% |
| 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% |
API Access
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_KEYimport 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();