Marathon Petroleum Income Taxes 2010-2024 | MPC
Marathon Petroleum annual/quarterly income taxes history and growth rate from 2010 to 2024. Income taxes can be defined as the total amount of income tax expense for the given period.
- Marathon Petroleum income taxes for the quarter ending September 30, 2024 were $0.113B, a 88.75% decline year-over-year.
- Marathon Petroleum income taxes for the twelve months ending September 30, 2024 were $1.186B, a 65.06% decline year-over-year.
- Marathon Petroleum annual income taxes for 2023 were $2.817B, a 37.27% decline from 2022.
- Marathon Petroleum annual income taxes for 2022 were $4.491B, a 1601.14% increase from 2021.
- Marathon Petroleum annual income taxes for 2021 were $0.264B, a 110.86% decline from 2020.
Marathon Petroleum Annual Income Taxes
(Millions of US $) |
| 2023 |
$2,817 |
| 2022 |
$4,491 |
| 2021 |
$264 |
| 2020 |
$-2,430 |
| 2019 |
$784 |
| 2018 |
$764 |
| 2017 |
$-460 |
| 2016 |
$609 |
| 2015 |
$1,506 |
| 2014 |
$1,280 |
| 2013 |
$1,113 |
| 2012 |
$1,845 |
| 2011 |
$1,330 |
| 2010 |
$400 |
| 2009 |
$236 |
Marathon Petroleum Quarterly Income Taxes
(Millions of US $) |
| 2024-09-30 |
$113 |
| 2024-06-30 |
$373 |
| 2024-03-31 |
$293 |
| 2023-12-31 |
$407 |
| 2023-09-30 |
$1,004 |
| 2023-06-30 |
$583 |
| 2023-03-31 |
$823 |
| 2022-12-31 |
$984 |
| 2022-09-30 |
$1,426 |
| 2022-06-30 |
$1,799 |
| 2022-03-31 |
$282 |
| 2021-12-31 |
$243 |
| 2021-09-30 |
$-18 |
| 2021-06-30 |
$5 |
| 2021-03-31 |
$34 |
| 2020-12-31 |
$-193 |
| 2020-09-30 |
$-436 |
| 2020-06-30 |
$150 |
| 2020-03-31 |
$-1,951 |
| 2019-12-31 |
$72 |
| 2019-09-30 |
$255 |
| 2019-06-30 |
$353 |
| 2019-03-31 |
$104 |
| 2018-12-31 |
$239 |
| 2018-09-30 |
$222 |
| 2018-06-30 |
$281 |
| 2018-03-31 |
$22 |
| 2017-12-31 |
$-1,166 |
| 2017-09-30 |
$415 |
| 2017-06-30 |
$250 |
| 2017-03-31 |
$41 |
| 2016-12-31 |
$128 |
| 2016-09-30 |
$75 |
| 2016-06-30 |
$395 |
| 2016-03-31 |
$11 |
| 2015-12-31 |
$67 |
| 2015-09-30 |
$521 |
| 2015-06-30 |
$432 |
| 2015-03-31 |
$486 |
| 2014-12-31 |
$382 |
| 2014-09-30 |
$333 |
| 2014-06-30 |
$457 |
| 2014-03-31 |
$108 |
| 2013-12-31 |
$338 |
| 2013-09-30 |
$81 |
| 2013-06-30 |
$316 |
| 2013-03-31 |
$378 |
| 2012-12-31 |
$385 |
| 2012-09-30 |
$646 |
| 2012-06-30 |
$476 |
| 2012-03-31 |
$338 |
| 2011-12-31 |
$-105 |
| 2011-09-30 |
$611 |
| 2011-06-30 |
$531 |
| 2011-03-31 |
$293 |
| 2010-12-31 |
|
| 2010-09-30 |
$162 |
| 2010-06-30 |
$235 |
| 2009-12-31 |
|
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil Refining & Marketing |
$50.934B |
$150.307B |
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Marathon Petroleum Corporation is a leading independent refiner, transporter and marketer of petroleum products. The company came into existence following the spin-off of Marathon Oil Corporation's refining/sales business into a separate, independent and publicly-traded entity.? Marathon Oil completed the acquisition of its rival Andeavor. Marathon Petroleum operates in two segments: Refining and Marketing and Pipeline Transportation. Refining and Marketing: The unit's operations refineries, located in the various regions of the United States. Marathon Petroleum through its marketing organization sells transportation fuels, asphalt and specialty products throughout the country to support commercial, industrial and retail operations. Midstream: This unit mainly reflects Marathon Petroleum's general partner and majority limited partner interests in MPLX LP and Andeavor Logistics LP that own and operate gathering and processing assets along with crude transportation and logistics infrastructure.
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