Marathon Petroleum Corporation Effective Tax Rate
Marathon Petroleum Corporation (MPC) reported Effective Tax Rate of 16.20% for the 12-month period ending 2025-12-31, per its 10-K filed 2026-02-26.
Financial Statements › Expense Statement › Income Tax
us-gaap:EffectiveIncomeTaxRateContinuingOperations · last filed 2026-02-26
- Marathon Petroleum Corporation effective income tax rate reconciliation, percent for the quarter ending 2020-09-30 was 31.00%, a 63.16% increase year-over-year.
- Marathon Petroleum Corporation effective income tax rate reconciliation, percent for the quarter ending 2020-06-30 was 57.00%, a 171.43% increase year-over-year.
- Marathon Petroleum Corporation effective income tax rate reconciliation, percent for the quarter ending 2020-03-31 was 16.00%, a 44.83% decline year-over-year.
- Marathon Petroleum Corporation effective income tax rate reconciliation, percent for the quarter ending 2019-09-30 was 19.00%, a 0.00% change year-over-year.
- Marathon Petroleum Corporation effective income tax rate reconciliation, percent for fiscal 2025 was 16.20%, a 8.72% increase from fiscal 2024.
- Marathon Petroleum Corporation effective income tax rate reconciliation, percent for fiscal 2024 was 14.90%, a 25.87% decline from fiscal 2023.
- Marathon Petroleum Corporation effective income tax rate reconciliation, percent for fiscal 2023 was 20.10%, a 8.64% decline from fiscal 2022.
- Marathon Petroleum Corporation effective income tax rate reconciliation, percent for fiscal 2022 was 22.00%, a 144.44% increase from fiscal 2021.
| Period end | Effective Income Tax Rate Reconciliation, Percent 3 month | Effective Income Tax Rate Reconciliation, Percent 3 month as first filed | Effective Income Tax Rate Reconciliation, Percent 6 month | Effective Income Tax Rate Reconciliation, Percent 9 month | Effective Income Tax Rate Reconciliation, Percent 9 month as first filed | Effective Income Tax Rate Reconciliation, Percent 12 month | Effective Income Tax Rate Reconciliation, Percent 12 month as first filed |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | 16.20% 10-K · filed 2026-02-26 | ||||||
| 2024-12-31 | 14.90% 10-K · filed 2026-02-26 | 15.00% 10-K · filed 2025-02-27 | |||||
| 2023-12-31 | 20.10% 10-K · filed 2026-02-26 | 20.00% 10-K · filed 2024-02-28 | |||||
| 2022-12-31 | 22.00% 10-K · filed 2025-02-27 | ||||||
| 2021-12-31 | 9.00% 10-K · filed 2024-02-28 | ||||||
| 2020-12-31 | 18.00% 10-K · filed 2023-02-23 | ||||||
| 2020-09-30 | 31.00% 10-Q · filed 2020-11-06 | 16.00% 10-Q · filed 2020-11-06 | |||||
| 2020-06-30 | 57.00% 10-Q · filed 2020-08-03 | 14.00% 10-Q · filed 2020-08-03 | |||||
| 2020-03-31 | 16.00% 10-Q · filed 2020-05-07 | ||||||
| 2019-12-31 | 24.00% 10-K · filed 2022-02-24 | 25.00% 10-K · filed 2020-02-28 | |||||
| 2019-09-30 | 19.00% 10-Q · filed 2020-11-06 | 20.00% 10-Q · filed 2019-11-04 | 20.00% 10-Q · filed 2020-11-06 | 21.00% 10-Q · filed 2019-11-04 | |||
| 2019-06-30 | 21.00% 10-Q · filed 2019-08-05 | 22.00% 10-Q · filed 2019-08-05 | |||||
| 2019-03-31 | 29.00% 10-Q · filed 2020-05-07 | ||||||
| 2018-12-31 | 21.00% 10-K · filed 2021-02-26 | ||||||
| 2018-09-30 | 19.00% 10-Q · filed 2019-11-04 | 18.00% 10-Q · filed 2019-11-04 | |||||
| 2018-06-30 | 19.00% 10-Q · filed 2019-08-05 | 17.00% 10-Q · filed 2019-08-05 | |||||
| 2018-03-31 | 9.00% 10-Q · filed 2019-05-09 | ||||||
| 2017-12-31 | -14.00% 10-K · filed 2020-02-28 | ||||||
| 2017-09-30 | 29.00% 10-Q · filed 2018-11-05 | 30.00% 10-Q · filed 2018-11-05 | |||||
| 2017-06-30 | 30.00% 10-Q · filed 2018-08-06 | 30.00% 10-Q · filed 2018-08-06 | |||||
| 2017-03-31 | 29.00% 10-Q · filed 2018-04-30 | ||||||
| 2016-12-31 | 33.00% 10-K · filed 2019-02-28 | ||||||
| 2016-09-30 | 26.00% 10-Q · filed 2017-10-30 | 34.00% 10-Q · filed 2017-10-30 | |||||
| 2016-06-30 | 33.00% 10-Q · filed 2017-08-03 | 37.00% 10-Q · filed 2017-08-03 | |||||
| 2016-03-31 | -17.00% 10-Q · filed 2017-05-01 | ||||||
| 2015-12-31 | 34.00% 10-K · filed 2018-02-28 | ||||||
| 2015-09-30 | 35.00% 10-Q · filed 2016-10-31 | 35.00% 10-Q · filed 2016-10-31 | |||||
| 2015-06-30 | 34.00% 10-Q · filed 2016-08-03 | 35.00% 10-Q · filed 2016-08-03 | |||||
| 2015-03-31 | 35.00% 10-Q · filed 2016-05-02 | ||||||
| 2014-12-31 | 33.00% 10-K · filed 2017-02-24 | ||||||
| 2014-09-30 | 33.00% 10-Q · filed 2015-11-02 | 34.00% 10-Q · filed 2015-11-02 | |||||
| 2014-06-30 | 35.00% 10-Q · filed 2015-08-03 | 35.00% 10-Q · filed 2015-08-03 | |||||
| 2014-03-31 | 34.00% 10-Q · filed 2015-05-04 | ||||||
| 2013-12-31 | 34.00% 10-K · filed 2016-02-26 | ||||||
| 2013-09-30 | 32.00% 10-Q · filed 2014-11-03 | 34.00% 10-Q · filed 2014-11-03 | |||||
| 2013-06-30 | 35.00% 10-Q · filed 2014-08-04 | 34.00% 10-Q · filed 2014-08-04 | |||||
| 2013-03-31 | 34.00% 10-Q · filed 2014-05-05 | ||||||
| 2012-12-31 | 35.00% 10-K · filed 2015-02-27 | ||||||
| 2012-09-30 | 35.00% 10-Q · filed 2013-11-07 | 36.00% 10-Q · filed 2013-11-07 | |||||
| 2012-06-30 | 37.00% 10-Q · filed 2013-08-08 | 37.00% 10-Q · filed 2013-08-08 | |||||
| 2012-03-31 | 36.00% 10-Q · filed 2013-05-09 | ||||||
| 2011-12-31 | 36.00% 10-K · filed 2014-02-28 | ||||||
| 2011-09-30 | 35.00% 10-Q · filed 2012-11-09 | 37.00% 10-Q · filed 2012-11-09 | |||||
| 2011-06-30 | 40.00% 10-Q · filed 2012-08-08 | 38.00% 10-Q · filed 2012-08-08 | |||||
| 2011-03-31 | 36.00% 10-Q · filed 2012-05-09 | ||||||
| 2010-12-31 | 39.00% 10-K · filed 2013-02-28 | ||||||
| 2010-09-30 | 37.00% 10-Q · filed 2011-11-09 | 41.00% 10-Q · filed 2011-11-09 | |||||
| 2010-06-30 | 37.00% 10-Q · filed 2011-08-09 | 48.00% 10-Q · filed 2011-08-09 | |||||
| 2009-12-31 | 34.00% 10-K · filed 2012-02-29 |
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