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MUSAMurphy USA Inc.
$575.64$10.6B
Overview & Verdict
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MUSA logoMurphy USA Inc.(MUSA)Earnings, Financials & Key Ratios

MUSA•NYSE
$575.64
23.9× P/E·Price updated Jul 7, 2026
SectorConsumer CyclicalIndustrySpecialty RetailSub-IndustryGrocery, Convenience and Fuel Retail
AboutMurphy USA Inc. engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA, Murphy Express, and QuickChek brands. As of December 31, 2021, it operated 1,679 retail gasoline stores principally in the Southeast, Southwest, and Midwest United States. The company was founded in 1996 and is headquartered in El Dorado, Arkansas.Show more
  • Revenue$19.38B-4.2%
  • EBITDA$1.02B+2.9%
  • Net Income$471M-6.3%
  • EPS (Diluted)24.10
  • Gross Margin5.01%-56.1%
  • EBITDA Margin5.26%+7.4%
  • Operating Margin3.81%+3.9%
  • Net Margin2.43%-2.2%
  • ROE64.31%+6.8%

MUSA Price & Volume

Murphy USA Inc. (MUSA) stock price & volume — 10-year historical chart

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Volatile Fuel Spreads Challenge Capital Allocation Strategy

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Strained
Cash Flow:Stable
Primary Risk:Elevated debt-to-equity leverage

Key Thesis Takeaways

  • Murphy USA faces a complex outlook where its core retail fuel business remains highly sensitive to commodity price cycles, as evidenced by gross margin compression from double-digit levels in 2024 to 5.4% in 2026Q1.
  • While the company maintains disciplined SG&A management to preserve a 4.3% operating margin, its aggressive capital return strategy—highlighted by significant share repurchases—appears increasingly risky given the elevated debt-to-equity ratio of 4.08.
  • Investors should monitor whether the ongoing integration of the QuickChek fresh food program can provide sufficient margin stability to offset the inherent volatility of the specialty retail fuel sector.

Verdict Logic

while the company maintains disciplined operating margins of 4.3%, the combination of a 4.08 debt-to-equity ratio and a 0.83 current ratio warrants caution regarding long-term solvency and capital return sustainability.

MUSA Growth Metrics

Murphy USA Inc. (MUSA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years4.32%
5 Years11.47%
3 Years-6.14%
TTM-1.25%

Profit CAGR

10 Years10.31%
5 Years4.04%
3 Years-11.24%
TTM13.07%

EPS CAGR

10 Years19.61%
5 Years13%
3 Years-4.99%
TTM22.02%

Return on Capital

10 Years20.96%
5 Years23.32%
3 Years21.86%
Last Year20%

MUSA Recent Earnings

Murphy USA Inc. (MUSA) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
Apr 29, 2026
Metric
Actual
Est
EPS
$7.28+35.6%
$5.37
Rev
$4.8B+2.6%
$4.7B
Q1 2026
Feb 4, 2026
Metric
Actual
Est
EPS
$7.53+12.9%
$6.67
Rev
$4.7B-1.9%
$4.8B
Q4 2025
Oct 29, 2025
Metric
Actual
Est
EPS
$7.25+9.8%
$6.60
Rev
$5.1B+4.7%
$4.9B
Q3 2025
Jul 30, 2025
Metric
Actual
Est
EPS
$7.36+7.9%
$6.82
Rev
$5.0B-4.8%
$5.3B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$7.28vs $5.37+35.6%
$4.8Bvs $4.7B+2.6%
Q1 2026Feb 4, 2026
$7.53vs $6.67+12.9%
$4.7Bvs $4.8B-1.9%
Q4 2025Oct 29, 2025
$7.25vs $6.60+9.8%
$5.1Bvs $4.9B+4.7%
Q3 2025Jul 30, 2025
$7.36vs $6.82+7.9%
$5.0Bvs $5.3B-4.8%
Based on last 12 quarters of dataView full earnings history →

Latest MUSA News

Recent stock market news and headlines for Murphy USA Inc. (MUSA)

Business Wire·1 day ago
Murphy USA Schedules Second Quarter 2026 Results Conference Call

EL DORADO, Ark.--(BUSINESS WIRE)--Murphy USA Inc. (NYSE: MUSA) will announce second quarter 2026 financial results along with management commentary after the market closes on Wednesday, August 5, 2026, followed by a question-and-answer session at 10:00 a.m. CT on Thursday, August 6, 2026. The earnings release information and management commentary will be available on the Investor Relations section of the Murphy USA website at http://ir.corporate.murphyusa.com. The live Q&A webcast will begi.

Zacks Investment Research·Jun 26, 2026
Here's Why Murphy USA (MUSA) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Zacks Investment Research·Jun 23, 2026
Is Murphy USA's Nicotine Category Emerging as a Key Profit Driver?

MUSA's nicotine category is delivering stronger merchandise profits, helping it weather cautious consumer spending.

Zacks Investment Research·Jun 22, 2026
Why Murphy USA (MUSA) is a Top Momentum Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Zacks Investment Research·Jun 18, 2026
4 Stocks Trading Near 52-Week High With Room to Rise Further

Investors target stocks that have been on a bullish run. Stocks like MUSA, DVA, HPE and VSH are seeing price strength, and the momentum is likely to continue.

Peers Comparison

Key metrics vs top competitors for Murphy USA Inc. (MUSA)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
MUSA logoMUSAMurphy USA Inc.Current
$575.64$10.65B23.89-4.25%2.43%64.31%0.37%
CASY logoCASYCasey's General Stores, Inc.
$801.99$29.73B41.8610.16%4.07%18.73%—
ARKO logoARKOArko Corp.
$7.85$880.64M52.33-12.47%0.36%6.99%—
SUN logoSUNSunoco LP
$67.79$9.26B18.5211.05%2.72%12.87%—
DINO logoDINOHF Sinclair Corporation
$73.94$13.33B23.77-5.99%4.46%13.02%—
NTB logoNTBThe Bank of N.T. Butterfield & Son Limited
$60.69$2.4B11.10-2.04%31.79%21.63%—

Compare MUSA vs Peers

Murphy USA Inc. (MUSA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CASY

Most directly comparable listed peer for MUSA.

Scale Benchmark

vs WMT

Larger-name benchmark to compare MUSA against a more recognizable public peer.

Peer Set

Compare Top 5

vs CASY, ARKO, SUN, DINO

MUSA SEC Filings & Documents

Murphy USA Inc. (MUSA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 29, 2026·SEC

Material company update

Apr 6, 2026·SEC

Material company update

Mar 2, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 18, 2026·SEC

FY 2025

Feb 20, 2025·SEC

10-Q Quarterly Reports

5
FY 2025

Oct 30, 2025·SEC

FY 2025

Jul 31, 2025·SEC

FY 2025

May 8, 2025·SEC

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MUSA Frequently Asked Questions

Murphy USA Inc. (MUSA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Murphy USA Inc.'s revenue?

Murphy USA Inc. (MUSA) reported $19.68B in revenue for fiscal year 2025. This represents a 4% increase from $18.92B in 2011.

How fast is Murphy USA Inc. growing?

Murphy USA Inc. (MUSA) saw revenue decline by 4.2% over the past year.

Is MUSA profitable?

Yes, Murphy USA Inc. (MUSA) is profitable, generating $553.7M in net income for fiscal year 2025 (2.4% net margin).

Dividend & Returns
Does MUSA pay dividends?

Yes, Murphy USA Inc. (MUSA) pays a dividend with a yield of 0.37%. This makes it attractive for income-focused investors.

What is MUSA's return on equity?

Murphy USA Inc. (MUSA) has a return on equity (ROE) of 64.3%. This is excellent, indicating efficient use of shareholder capital.

What is Murphy USA Inc.'s free cash flow?

Murphy USA Inc. (MUSA) generated $555.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in MUSA back in 2011?

Total return calculator · dividends reinvested · 15+ years of data

See returns →