MUSA · Murphy USA Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | $21.53B | $23.45B | $17.36B | $11.26B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $231.50M | $235.40M | $240.50M | $232.50M | $193.60M | $171.10M |
| Total Operating Expenses | $18.66B | $19.50B | $20.70B | $22.48B | $16.76B | $10.71B |
| D&A | $276.80M | $248.00M | $228.70M | $220.40M | $212.60M | $161.00M |
| Operating Income | $718.50M | $742.90M | $826.00M | $968.40M | $604.00M | $559.00M |
| Interest Expense | $110.90M | $97.10M | $98.50M | $85.30M | $82.40M | $51.20M |
| Income Tax | $138.60M | $149.10M | $177.60M | $210.90M | $125.00M | $123.00M |
| Net Income | $470.60M | $502.50M | $556.80M | $672.90M | $396.90M | $386.10M |
| EPS - Basic | $24.38 | $24.47 | $25.91 | $28.63 | $15.14 | $13.25 |
| EPS - Diluted | $24.10 | $24.11 | $25.49 | $28.10 | $14.92 | $13.08 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $28.90M | $47.00M | $117.80M | $60.50M | $256.40M | $163.60M |
| Accounts Receivable | $276.20M | $268.50M | $336.70M | $281.70M | $195.70M | $168.80M |
| Inventory | $413.00M | $401.60M | $341.20M | $319.10M | $292.30M | $279.10M |
| Accounts Payable | $477.50M | $518.00M | $520.30M | $547.60M | $392.50M | $261.00M |
| Current Assets | $747.80M | $748.10M | $826.50M | $726.80M | $767.80M | $625.20M |
| Total Assets | $4.73B | $4.54B | $4.34B | $4.12B | $4.05B | $2.69B |
| Current Liabilities | $929.10M | $947.90M | $872.80M | $854.20M | $675.30M | $531.10M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $4.10B | $3.70B | $3.51B | $3.48B | $3.24B | $1.90B |
| Stockholders' Equity | $623.50M | $840.10M | $828.90M | $640.70M | $807.20M | $784.10M |
| Retained Earnings | $4.17B | $3.74B | $3.28B | $2.76B | $2.11B | $1.74B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $813.90M | $847.60M | $784.00M | $994.70M | $737.40M | $563.70M |
| Investing Cash Flow | ($436.00M) | ($445.80M) | ($323.60M) | ($319.30M) | ($914.20M) | ($224.30M) |
| Financing Cash Flow | ($396.00M) | ($472.60M) | ($403.10M) | ($871.30M) | $269.60M | ($456.10M) |
| CapEx | $439.60M | $458.10M | $335.60M | $305.30M | $274.70M | $230.70M |
| Free Cash Flow | $374.30M | $389.50M | $448.40M | $689.40M | $462.70M | $333.00M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | 3.8% | 4.1% | 3.5% | 5.0% |
| EBITDA margin | - | - | 4.9% | 5.1% | 4.7% | 6.4% |
| Net margin | - | - | 2.6% | 2.9% | 2.3% | 3.4% |
| Free cash flow margin | - | - | 2.1% | 2.9% | 2.7% | 3.0% |
| FCF / Net income | 0.80 | 0.78 | 0.81 | 1.02 | 1.17 | 0.86 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | 1.1% | 1.0% | 1.1% | 1.5% |
| Effective tax rate | 22.8% | 22.9% | 24.2% | 23.9% | 24.0% | 24.2% |
| Return on assets | 10.0% | 11.1% | 12.8% | 16.3% | 9.8% | 14.4% |
| Return on equity | 75.5% | 59.8% | 67.2% | 105.0% | 49.2% | 49.2% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 0.80 | 0.79 | 0.95 | 0.85 | 1.14 | 1.18 |
| Quick ratio | 0.36 | 0.37 | 0.56 | 0.48 | 0.70 | 0.65 |
| Cash ratio | 0.03 | 0.05 | 0.13 | 0.07 | 0.38 | 0.31 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 6.5x | 7.7x | 8.4x | 11.4x | 7.3x | 10.9x |
| Equity multiplier | 7.58 | 5.41 | 5.24 | 6.44 | 5.02 | 3.43 |
| Liabilities / Assets | 0.87 | 0.82 | 0.81 | 0.84 | 0.80 | 0.71 |
| Efficiency | ||||||
| Asset turnover | - | - | 4.96 | 5.69 | 4.29 | 4.19 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | 6d | 4d | 4d | 5d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 16.7x | 20.8x | 14.0x | 9.9x | 13.4x | 10.0x |
| P / B | 12.6x | 12.4x | 9.4x | 10.4x | 6.6x | 4.9x |
| P / S | - | - | 0.4x | 0.3x | 0.3x | 0.3x |
| EV / EBITDA | 7.9x | 10.5x | 7.3x | 5.6x | 6.2x | 5.1x |
| Growth | ||||||
| Revenue growth (YoY) | - | - | -8.2% | 35.1% | 54.1% | -19.7% |
| Revenue CAGR (3y) | - | - | 24.1% | 18.7% | 6.5% | -4.2% |
| Revenue CAGR (5y) | - | - | 8.4% | 12.8% | 8.4% | -2.4% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -3.3% | -10.1% | -14.7% | 60.3% | 8.1% | 108.2% |
| Net income growth (YoY) | -6.3% | -9.8% | -17.3% | 69.5% | 2.8% | 149.4% |
| EPS growth (YoY) | -0.0% | -5.4% | -9.3% | 88.3% | 14.1% | 169.1% |
| EPS CAGR (3y) | -5.0% | 17.3% | 24.9% | 79.5% | 32.0% | 24.5% |
| EPS CAGR (5y) | 13.0% | 37.8% | 31.5% | 32.9% | 21.7% | 26.6% |
| FCF growth (YoY) | -3.9% | -13.1% | -35.0% | 49.0% | 38.9% | 206.9% |
| FCF CAGR (5y) | 2.4% | 29.1% | 18.2% | 93.6% | 43.8% | 99.2% |
| Book value growth (YoY) | -25.8% | 1.4% | 29.4% | -20.6% | 2.9% | 12.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Business segments
$600.0K totalMarketing Segment$600.0K · 100.0%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Retail-Auto Dealers & Gasoline Stations
Comparing Murphy USA Inc. against the 5 most active filers in the same SIC group.
Dividends
$2.43/share trailing 12 months · +26.6% YoY
| Ex-date | Per share |
|---|---|
| May 18, 2026 | $0.6400 |
| Feb 23, 2026 | $0.6300 |
| Nov 10, 2025 | $0.6300 |
| Aug 25, 2025 | $0.5300 |
| May 12, 2025 | $0.5000 |
| Feb 24, 2025 | $0.4900 |
| Nov 4, 2024 | $0.4800 |
| Aug 26, 2024 | $0.4500 |
| May 17, 2024 | $0.4400 |
| Feb 23, 2024 | $0.4200 |
| Nov 3, 2023 | $0.4100 |
| Aug 25, 2023 | $0.3900 |
| May 12, 2023 | $0.3800 |
| Feb 17, 2023 | $0.3700 |
| Nov 7, 2022 | $0.3500 |
| Aug 29, 2022 | $0.3200 |
| May 16, 2022 | $0.3100 |
| Feb 17, 2022 | $0.2900 |
| Nov 5, 2021 | $0.2900 |
| Aug 27, 2021 | $0.2500 |
| May 14, 2021 | $0.2500 |
| Feb 19, 2021 | $0.2500 |
| Nov 12, 2020 | $0.2500 |