Murphy USA Inc. (MUSA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 4.82B | 4.74B | 5.11B | 5B | 4.53B | 4.71B | 5.24B | 5.45B | 4.84B | 5.07B | 5.8B | 5.59B | 5.08B | 5.37B | 6.19B | 6.77B | 5.12B | 4.77B | 4.6B | 4.46B |
| Revenue Growth % | 6.49% | 0.7% | -2.45% | -8.19% | -6.57% | -7.07% | -9.65% | -2.39% | -4.6% | -5.54% | -6.41% | -17.46% | -0.8% | 12.57% | 34.66% | 51.86% | 44.71% | 66.63% | 62.04% | 87.26% |
| Cost of Goods Sold | 4.56B | 4.46B | 4.84B | 4.73B | 4.38B | 4.11B | 4.62B | 4.84B | 4.37B | 4.48B | 265.6M | 5.01B | 4.56B | 4.81B | 5.52B | 6.15B | 4.57B | 4.28B | 4.12B | 3.95B |
| COGS % of Revenue | 94.57% | 94.04% | 94.72% | 94.6% | 96.72% | 87.28% | 88.13% | 88.85% | 90.12% | 88.33% | 4.58% | 89.74% | 89.81% | 89.58% | 89.12% | 90.82% | 89.33% | 89.72% | 89.55% | 88.74% |
| Gross Profit | 261.5M | 282.6M | 269.6M | 270.1M | 148.4M | 599M | 621.7M | 607.6M | 478.5M | 591.5M | 5.53B | 573.2M | 517.5M | 559.1M | 673.9M | 621M | 545.9M | 490M | 480.8M | 501.9M |
| Gross Margin % | 5.43% | 5.96% | 5.28% | 5.4% | 3.28% | 12.72% | 11.87% | 11.15% | 9.88% | 11.67% | 95.42% | 10.26% | 10.19% | 10.42% | 10.88% | 9.18% | 10.67% | 10.28% | 10.45% | 11.26% |
| Gross Profit Growth % | 76.21% | -52.82% | -56.64% | -55.55% | -68.99% | 1.27% | -88.76% | 6% | -7.54% | 5.79% | 720.94% | -7.7% | -5.2% | 14.1% | 40.16% | 23.73% | 45.11% | 54.72% | 42.21% | 13.27% |
| Operating Expenses | 56.6M | 65.2M | 55.3M | 50.9M | 60.1M | 400M | 400.1M | 390.5M | 373.3M | 374.3M | 5.28B | 374.6M | 354.7M | 385.6M | 362M | 358.7M | 325.2M | 329.1M | 322.5M | 311.7M |
| OpEx % of Revenue | 1.17% | 1.37% | 1.08% | 1.02% | 1.33% | 8.49% | 7.64% | 7.16% | 7.71% | 7.38% | 91.15% | 6.71% | 6.99% | 7.19% | 5.84% | 5.3% | 6.35% | 6.9% | 7.01% | 7% |
| Selling, General & Admin | 56.6M | 65.2M | 55.3M | 50.9M | 60.1M | 54.2M | 60M | 59.1M | 62.1M | 62.1M | 60M | 59.4M | 59M | 81.7M | 52.4M | 52.2M | 46.2M | 53.6M | 47.2M | 48.5M |
| SG&A % of Revenue | 1.17% | 1.37% | 1.08% | 1.02% | 1.33% | 1.15% | 1.15% | 1.08% | 1.28% | 1.23% | 1.03% | 1.06% | 1.16% | 1.52% | 0.85% | 0.77% | 0.9% | 1.12% | 1.03% | 1.09% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 204.9M | 217.4M | 214.3M | 219.2M | 88.3M | 199M | 221.6M | 217.1M | 105.2M | 217.2M | 247.3M | 198.7M | 162.8M | 173.5M | 311.9M | 262.3M | 220.7M | 160.9M | 158.3M | 190.2M |
| Operating Margin % | 4.25% | 4.58% | 4.19% | 4.38% | 1.95% | 4.22% | 4.23% | 3.98% | 2.17% | 4.29% | 4.27% | 3.56% | 3.21% | 3.23% | 5.03% | 3.88% | 4.31% | 3.38% | 3.44% | 4.27% |
| Operating Income Growth % | 132.05% | 9.25% | -3.29% | 0.97% | -16.06% | -8.38% | -10.39% | 9.26% | -35.38% | 25.19% | -20.71% | -24.25% | -26.23% | 7.83% | 97.03% | 37.91% | 133.3% | 74.13% | 57.83% | -19.24% |
| EBITDA | 277.9M | 290.9M | 285.1M | 286M | 157.4M | 266.2M | 284.4M | 276.4M | 163.9M | 275M | 305.5M | 257.2M | 219.2M | 230.1M | 366.9M | 317.7M | 276.8M | 216.6M | 212.1M | 244.2M |
| EBITDA Margin % | 5.77% | 6.13% | 5.58% | 5.71% | 3.48% | 5.65% | 5.43% | 5.07% | 3.38% | 5.43% | 5.27% | 4.6% | 4.32% | 4.29% | 5.92% | 4.7% | 5.41% | 4.54% | 4.61% | 5.48% |
| EBITDA Growth % | 76.56% | 9.28% | 0.25% | 3.47% | -3.97% | -3.2% | -6.91% | 7.46% | -25.23% | 19.51% | -16.73% | -19.04% | -20.81% | 6.23% | 72.98% | 30.1% | 89.33% | 61.76% | 50.53% | -11.2% |
| D&A (Non-Cash Add-back) | 73M | 73.5M | 70.8M | 66.8M | 69.1M | 67.2M | 62.8M | 59.3M | 58.7M | 57.8M | 58.2M | 58.5M | 56.4M | 56.6M | 55M | 55.4M | 56.1M | 55.7M | 53.8M | 54M |
| EBIT | 204.9M | 217.4M | 214.3M | 219.2M | 88.3M | 200.7M | 223.1M | 218.1M | 106.8M | 220.3M | 248M | 200.7M | 163.9M | 175.1M | 312M | 261.5M | 220M | 160.5M | 158.2M | 190.4M |
| Net Interest Income | -28.7M | -28.5M | -29M | -27.8M | -25.4M | -22.9M | -24.4M | -24.9M | -24.9M | -24M | -24.6M | -25M | -24.9M | -22.5M | -20.6M | -20.2M | -19.6M | -20.2M | -20.4M | -20.4M |
| Interest Income | 300K | 100K | 100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2M | 1.4M | 400K | 0 | 0 | 100K | 0 |
| Interest Expense | 29M | 28.6M | 29.1M | 27.8M | 25.4M | 22.9M | 24.4M | 24.9M | 24.9M | 24M | 24.6M | 25M | 24.9M | 23.7M | 22M | 20.5M | 19.6M | 20.2M | 20.5M | 20.4M |
| Other Income/Expense | -28.7M | -36M | -40.9M | -26.7M | -26.4M | -21.2M | -22.9M | -23.9M | -23.3M | -20.9M | -23.9M | -23M | -23.8M | -22.1M | -21.2M | -21M | -20.3M | -20M | -20.6M | -20.2M |
| Pretax Income | 176.2M | 181.4M | 173.4M | 192.5M | 61.9M | 177.8M | 198.7M | 193.2M | 81.9M | 196.3M | 223.4M | 175.7M | 139M | 151.4M | 290.7M | 241.3M | 200.4M | 140.9M | 137.7M | 170M |
| Pretax Margin % | 3.66% | 3.82% | 3.39% | 3.85% | 1.37% | 3.77% | 3.79% | 3.54% | 1.69% | 3.87% | 3.85% | 3.15% | 2.74% | 2.82% | 4.69% | 3.57% | 3.92% | 2.96% | 2.99% | 3.82% |
| Income Tax | 39.9M | 39.5M | 43.5M | 46.9M | 8.7M | 35.3M | 49.5M | 48.4M | 15.9M | 46.3M | 55.7M | 42.9M | 32.7M | 33.7M | 71.2M | 58M | 48M | 32.1M | 33.7M | 41.2M |
| Effective Tax Rate % | 22.64% | 21.78% | 25.09% | 24.36% | 14.05% | 19.85% | 24.91% | 25.05% | 19.41% | 23.59% | 24.93% | 24.42% | 23.53% | 22.26% | 24.49% | 24.04% | 23.95% | 22.78% | 24.47% | 24.24% |
| Net Income | 136.3M | 141.9M | 129.9M | 145.6M | 53.2M | 142.5M | 149.2M | 144.8M | 66M | 150M | 167.7M | 132.8M | 106.3M | 117.7M | 219.5M | 183.3M | 152.4M | 108.8M | 104M | 128.8M |
| Net Margin % | 2.83% | 2.99% | 2.54% | 2.91% | 1.18% | 3.03% | 2.85% | 2.66% | 1.36% | 2.96% | 2.89% | 2.38% | 2.09% | 2.19% | 3.54% | 2.71% | 2.98% | 2.28% | 2.26% | 2.89% |
| Net Income Growth % | 156.2% | -0.42% | -12.94% | 0.55% | -19.39% | -5% | -11.03% | 9.04% | -37.91% | 27.44% | -23.6% | -27.55% | -30.25% | 8.18% | 111.06% | 42.31% | 175.59% | 78.36% | 55.46% | -23.74% |
| Net Income (Continuing) | 136.3M | 141.9M | 129.9M | 145.6M | 53.2M | 142.5M | 149.2M | 144.8M | 66M | 150M | 167.7M | 132.8M | 106.3M | 117.7M | 219.5M | 183.3M | 152.4M | 108.8M | 104M | 128.8M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 7.28 | 7.53 | 6.75 | 7.37 | 2.63 | 6.96 | 7.20 | 6.92 | 3.12 | 7.00 | 7.69 | 6.02 | 4.80 | 5.21 | 9.28 | 7.53 | 6.08 | 4.23 | 3.98 | 4.79 |
| EPS Growth % | 176.81% | 8.19% | -6.25% | 6.5% | -15.71% | -0.57% | -6.37% | 14.95% | -35% | 34.36% | -17.13% | -20.05% | -21.05% | 23.17% | 133.17% | 57.2% | 202.49% | 95.83% | 75.33% | -16.4% |
| EPS (Basic) | 7.36 | 7.61 | 6.83 | 7.45 | 2.67 | 7.07 | 7.30 | 7.02 | 3.17 | 7.12 | 7.83 | 6.12 | 4.89 | 5.31 | 9.46 | 7.65 | 6.18 | 4.30 | 4.03 | 4.85 |
| Diluted Shares Outstanding | 18.71M | 18.84M | 19.23M | 19.77M | 20.2M | 20.46M | 20.73M | 20.92M | 21.16M | 21.43M | 21.79M | 22.05M | 22.13M | 22.6M | 23.65M | 24.34M | 25.07M | 25.73M | 26.15M | 26.92M |
| Basic Shares Outstanding | 18.52M | 18.65M | 19.03M | 19.55M | 19.93M | 20.16M | 20.44M | 20.64M | 20.81M | 21.07M | 21.4M | 21.69M | 21.74M | 22.15M | 23.21M | 23.95M | 24.66M | 25.27M | 25.78M | 26.58M |
| Dividend Payout Ratio | 8.58% | 8.32% | 7.78% | 6.73% | 18.42% | 6.81% | 6.17% | 6.28% | 13.33% | 5.8% | 5.01% | 6.17% | 7.62% | 6.63% | 3.42% | 4.04% | 4.72% | 6.8% | 6.15% | 5.2% |