Marathon Petroleum Corp Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Marathon Petroleum Corp quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Marathon Petroleum Corp Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $113M, a 88.7% decline year-over-year.
  • Marathon Petroleum Corp Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $1.19B, a 65.1% decline year-over-year.
  • Marathon Petroleum Corp annual Income Tax Expense (Benefit) for 2023 was $2.82B, a 37.3% decline from 2022.
  • Marathon Petroleum Corp annual Income Tax Expense (Benefit) for 2022 was $4.49B, a 1601% increase from 2021.
  • Marathon Petroleum Corp annual Income Tax Expense (Benefit) for 2021 was $264M.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
* An asterisk sign (*) next to the value indicates that the value is likely invalid.