Murphy USA (MUSA)

NYSE Consumer Discretionary Automotive Retail S&P MidCap 400 US auto sales report →

$521.89

+7.36 (+1.43%)

Close of Nov 06, 2026 · end-of-day data

Source: Murphy USA's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$11.59B	$12.83B	$14.36B	$14.03B	$11.26B	$17.36B	$23.45B	$21.53B	$20.24B	$19.38B
Cost of revenue	$1.97B	$1.99B	—	—	—	—	—	—	—	—
Gross profit	$9.62B	$10.84B	—	—	—	—	—	—	—	—
Selling, general & admin	$122.70M	$141.20M	$136.20M	$144.60M	$171.10M	$193.60M	$232.50M	$240.50M	$235.40M	$231.50M
Operating income	$388.10M	$283.30M	$325.10M	$268.50M	$559.00M	$604.00M	$968.40M	$826.00M	$742.90M	$718.50M
Interest expense	$39.70M	$46.70M	$52.90M	$54.90M	$51.20M	$82.40M	$85.30M	$98.50M	$97.10M	$110.90M
Pre-tax income	$352.10M	$240.10M	$273.90M	$202.40M	$509.10M	$521.90M	$883.80M	$734.40M	$651.60M	$609.20M
Income tax	$130.60M	-$5.20M	$60.30M	$47.60M	$123.00M	$125.00M	$210.90M	$177.60M	$149.10M	$138.60M
Net income	$221.50M	$245.30M	$213.60M	$154.80M	$386.10M	$396.90M	$672.90M	$556.80M	$502.50M	$470.60M
EBITDA	$486.70M	$400.20M	$459.10M	$420.70M	$720.00M	$816.60M	$1.19B	$1.05B	$990.90M	$995.30M
EPS (basic)	$5.64	$6.85	$6.54	$4.90	$13.25	$15.14	$28.63	$25.91	$24.47	$24.38
EPS (diluted)	$5.59	$6.78	$6.48	$4.86	$13.08	$14.92	$28.10	$25.49	$24.11	$24.10
Diluted shares	39.65M	36.16M	32.98M	31.86M	29.53M	26.60M	23.95M	21.84M	20.84M	19.53M
Gross margin	83.0%	84.5%	—	—	—	—	—	—	—	—
Operating margin	3.3%	2.2%	2.3%	1.9%	5.0%	3.5%	4.1%	3.8%	3.7%	3.7%
Net margin	1.9%	1.9%	1.5%	1.1%	3.4%	2.3%	2.9%	2.6%	2.5%	2.4%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$153.80M	$170.00M	$184.50M	$280.30M	$163.60M	$256.40M	$60.50M	$117.80M	$47.00M	$28.90M
Short-term investments	—	—	—	—	—	$0	$17.90M	$7.10M	$0	$0
Receivables	$183.52M	$225.20M	$138.80M	$172.90M	$168.80M	$195.70M	$281.70M	$336.70M	$268.50M	$276.20M
Inventory	$153.35M	$182.50M	$221.50M	$227.60M	$279.10M	$292.30M	$319.10M	$341.20M	$401.60M	$413.00M
Total current assets	$515.55M	$614.20M	$570.10M	$710.80M	$625.20M	$767.80M	$726.80M	$826.50M	$748.10M	$747.80M
Goodwill	—	—	—	—	$0	$328.00M	$328.00M	$328.00M	$328.00M	$328.00M
Total assets	$2.09B	$2.33B	$2.36B	$2.69B	$2.69B	$4.05B	$4.12B	$4.34B	$4.54B	$4.73B
Total current liabilities	$514.56M	$533.30M	$478.10M	$505.00M	$531.10M	$675.30M	$854.20M	$872.80M	$947.90M	$929.10M
Short-term debt	$40.60M	$19.90M	$21.20M	$38.80M	$51.20M	$15.00M	$15.00M	$15.00M	$15.70M	$19.00M
Long-term debt	$629.62M	$860.90M	$842.10M	$999.30M	$951.20M	$1.80B	$1.79B	$1.78B	$1.83B	$2.16B
Total debt	$670.22M	$880.80M	$863.30M	$1.04B	$1.00B	$1.82B	$1.81B	$1.80B	$1.85B	$2.18B
Total liabilities	$1.39B	$1.59B	$1.55B	$1.88B	$1.90B	$3.24B	$3.48B	$3.51B	$3.70B	$4.10B
Shareholders' equity	$697.00M	$738.40M	$807.30M	$803.00M	$784.10M	$807.20M	$640.70M	$828.90M	$840.10M	$623.50M

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$337.40M	$283.60M	$398.70M	$313.30M	$563.70M	$737.40M	$994.70M	$784.00M	$847.60M	$813.90M
Capital expenditures	$262.10M	$258.30M	$204.30M	$204.80M	$230.70M	$274.70M	$305.30M	$335.60M	$458.10M	$439.60M
Free cash flow	$75.30M	$25.30M	$194.40M	$108.50M	$333.00M	$462.70M	$689.40M	$448.40M	$389.50M	$374.30M
Investing cash flow	-$134.80M	-$262.10M	-$209.10M	-$203.10M	-$224.30M	-$914.20M	-$319.30M	-$323.60M	-$445.80M	-$436.00M
Financing cash flow	-$151.10M	-$5.30M	-$175.10M	-$14.40M	-$456.10M	$269.60M	-$871.30M	-$403.10M	-$472.60M	-$396.00M
Dividends paid	—	—	$0	$0	$6.90M	$27.30M	$29.90M	$33.40M	$36.80M	$41.50M
Share buybacks	$323.30M	$206.00M	$144.40M	$165.80M	$399.60M	$355.00M	$806.40M	$333.20M	$445.70M	$649.90M
Stock-based compensation	$9.30M	$7.50M	$9.20M	$10.50M	$14.30M	$14.40M	$16.00M	$21.80M	$22.90M	$28.60M
Depreciation & amortization	$98.60M	$116.90M	$134.00M	$152.20M	$161.00M	$212.60M	$220.40M	$228.70M	$248.00M	$276.80M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$5.07B	$4.84B	$5.45B	$5.24B	$4.71B	$4.53B	$5.00B	$5.11B	$4.74B	$4.82B	$6.81B	$6.89B
Selling, general & admin	$62.10M	$62.10M	$59.10M	$60.00M	$54.20M	$60.10M	$50.90M	$55.30M	$65.20M	$56.60M	$60.50M	$59.60M
Operating income	$217.20M	$105.20M	$217.10M	$221.60M	$199.00M	$88.00M	$219.20M	$201.80M	$209.50M	$205.20M	$304.90M	$260.50M
Interest expense	$24.00M	$24.90M	$24.90M	$24.40M	$22.90M	$25.40M	$27.80M	$29.10M	$28.60M	$29.00M	$29.30M	$28.40M
Pre-tax income	$196.30M	$81.90M	$193.20M	$198.70M	$177.80M	$61.90M	$192.50M	$173.40M	$181.40M	$176.20M	$277.60M	$233.60M
Income tax	$46.30M	$15.90M	$48.40M	$49.50M	$35.30M	$8.70M	$46.90M	$43.50M	$39.50M	$39.90M	$68.50M	$57.60M
Net income	$150.00M	$66.00M	$144.80M	$149.20M	$142.50M	$53.20M	$145.60M	$129.90M	$141.90M	$136.30M	$209.10M	$176.00M
EBITDA	$274.20M	$163.90M	$276.40M	$284.40M	$266.20M	$156.20M	$285.20M	$271.70M	$282.20M	$277.30M	$377.10M	$335.60M
EPS (basic)	$7.11	$3.17	$7.02	$7.30	$7.04	$2.67	$7.44	$6.83	$7.55	$7.36	$11.34	$9.65
EPS (diluted)	$7.02	$3.12	$6.92	$7.20	$6.94	$2.63	$7.36	$6.76	$7.46	$7.28	$11.27	$9.59
Diluted shares	-177.00K	21.16M	20.92M	20.73M	-127.00K	20.20M	19.77M	19.23M	-232.00K	18.71M	18.55M	18.36M
Operating margin	4.3%	2.2%	4.0%	4.2%	4.2%	1.9%	4.4%	3.9%	4.4%	4.3%	4.5%	3.8%
Net margin	3.0%	1.4%	2.7%	2.8%	3.0%	1.2%	2.9%	2.5%	3.0%	2.8%	3.1%	2.6%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$117.80M	$56.70M	$79.80M	$52.50M	$47.00M	$49.40M	$54.10M	$42.80M	$28.90M	$118.60M	$175.40M	$161.80M
Short-term investments	$7.10M	$6.10M	$4.50M	$1.50M	$0	—	—	—	$0	—	—	$34.20M
Receivables	$336.70M	$380.50M	$386.50M	$262.60M	$268.50M	$272.10M	$296.30M	$304.10M	$276.20M	$354.10M	$379.20M	$377.90M
Inventory	$341.20M	$292.70M	$315.90M	$341.20M	$401.60M	$364.40M	$397.50M	$387.20M	$413.00M	$363.30M	$417.40M	$397.80M
Total current assets	$826.50M	$767.70M	$820.10M	$689.10M	$748.10M	$716.40M	$776.40M	$763.30M	$747.80M	$871.10M	$1.01B	$1.01B
Goodwill	$328.00M	$328.00M	$328.00M	$328.00M	$328.00M	$328.00M	$328.00M	$328.00M	$328.00M	$328.00M	$328.00M	$328.00M
Total assets	$4.34B	$4.31B	$4.43B	$4.40B	$4.54B	$4.50B	$4.62B	$4.68B	$4.73B	$4.87B	$5.08B	$5.18B
Total current liabilities	$872.80M	$884.70M	$970.70M	$858.80M	$947.90M	$891.80M	$976.10M	$940.20M	$929.10M	$1.05B	$1.09B	$1.16B
Short-term debt	$15.00M	$15.30M	$15.60M	$15.70M	$15.70M	$15.60M	$14.50M	$16.60M	$19.00M	$19.20M	$19.10M	$20.10M
Long-term debt	$1.78B	$1.78B	$1.78B	$1.82B	$1.83B	$1.97B	$2.07B	$2.22B	$2.16B	$2.14B	$2.17B	$2.17B
Total debt	$1.80B	$1.80B	$1.80B	$1.84B	$1.85B	$1.99B	$2.08B	$2.24B	$2.18B	$2.16B	$2.19B	$2.19B
Total liabilities	$3.51B	$3.53B	$3.62B	$3.57B	$3.70B	$3.78B	$3.98B	$4.13B	$4.10B	$4.21B	$4.30B	$4.39B
Shareholders' equity	$828.90M	$781.60M	$811.30M	$830.10M	$840.10M	$719.60M	$646.10M	$546.00M	$623.50M	$658.70M	$782.70M	$793.80M

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$273.10M	$136.00M	$260.80M	$202.10M	$248.70M	$128.50M	$255.10M	$184.80M	$245.50M	$320.00M	$235.00M	$348.10M
Capital expenditures	$111.00M	$76.20M	$118.00M	$136.90M	$127.00M	$87.80M	$118.00M	$117.10M	$116.70M	$98.30M	$111.70M	$154.40M
Free cash flow	$162.10M	$59.80M	$142.80M	$65.20M	$121.70M	$40.70M	$137.10M	$67.70M	$128.80M	$221.70M	$123.30M	$193.70M
Investing cash flow	-$106.60M	-$74.90M	-$114.50M	-$131.50M	-$124.90M	-$87.70M	-$116.60M	-$116.90M	-$114.80M	-$98.50M	-$101.30M	-$186.40M
Financing cash flow	-$173.50M	-$122.20M	-$123.20M	-$97.90M	-$129.30M	-$38.40M	-$133.80M	-$79.20M	-$144.60M	-$131.80M	-$76.90M	-$175.30M
Dividends paid	$8.70M	$8.80M	$9.10M	$9.20M	$9.70M	$9.80M	$9.80M	$10.10M	$11.80M	$11.70M	$11.80M	$11.90M
Share buybacks	$160.50M	$86.40M	$106.10M	$125.20M	$128.00M	$150.00M	$213.80M	$219.20M	$66.90M	$70.50M	$82.30M	$156.20M
Stock-based compensation	$6.00M	$5.60M	$5.10M	$6.00M	$6.20M	$5.90M	$3.20M	$5.40M	$14.10M	$3.40M	$4.90M	$6.80M
Depreciation & amortization	$57.00M	$58.70M	$59.30M	$62.80M	$67.20M	$68.20M	$66.00M	$69.90M	$72.70M	$72.10M	$72.20M	$75.10M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.