Saturday 17 October 2026 Export MUSA’s income statement to Excel — free account

Murphy USA Inc.

Murphy USA Inc.’s revenue for fiscal 2025 (year ended December 2025) was $19.4 billion, down 4.25% from fiscal 2024. In the quarter to June 2026, revenue grew 36.0%, EPS grew 52.4%, free cash flow fell 10.7% and total debt rose 5.04%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

547.67 2.94 +0.54%

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Market cap: $10.0B
P/E: 16.5×
Fwd P/E: 17.2×
Dividend yield: 0.47%
F-score: 6/9
Altman Z: 6.93
Beneish M: −2.87
Dividend safety: 84/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 53.07

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	—	1	7	2	—	4	2	—	1	—	—

Insider Ownership 9.21%

Capital & Financial Ratios $m

Market Cap 10,010.00

Revenue 21,479.00

Net Income 617.20

Free Cash Flow 542.80

Net Debt 2,010.70

Current Ratio 0.92

Debt/Equity 2.79

P/E ratio 16.53

Fwd P/E 17.20

P/S ratio 0.47

P/B ratio 12.90

Past 5Y EPS Growth 13.00%

This Y EPS Growth 40.24%

Next Y EPS Growth (11.43%)

Next Y revenue growth 20.65%

Next 5Y EPS Growth 9.93%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 70.18%

10-year low 10-year high

P/S against its own 10 years 90.01%

10-year low 10-year high

P/B against its own 10 years 90.05%

10-year low 10-year high

EV/Sales against its own 10 years 89.97%

10-year low 10-year high

EV/FCF against its own 10 years 56.23%

10-year low 10-year high

Dividends

Payout Ratio 0.08

Annual Dividend Rate 2.55

Annual Dividend Yield 0.47%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.50	0.63 0.64 0.65
2025	2.15	0.49 0.50 0.53 0.63
2024	1.79	0.42 0.44 0.45 0.48
2023	1.55	0.37 0.38 0.39 0.41
2022	1.27	0.29 0.31 0.32 0.35
2021	1.04	0.25 0.25 0.25 0.29
2020	0.25	0.25
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	125	47	29	175
Receivables	337	269	276	379
Inventory	341	402	413	417
Other	—	—	—	—
	827	748	748	1,008

	2023	2024	2025	Q'26
Payables	835	874	865	1,015
ST’ Debt	15	16	19	19
Other	—	—	—	—
	873	948	929	1,090

Compound Annual Growth %

	10y	5y	3y
Sales	4.32%	11.47%	(6.14%)
Cash Flow	14.19%	7.62%	(6.47%)
Earnings	10.31%	4.04%	(11.24%)
Book Value	(2.37%)	(4.48%)	(0.90%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4,819	6,806	—	—	—
’25	4,525	5,005	5,110	4,744	19,384
’24	4,844	5,452	5,239	4,710	20,244
’23	5,077	5,585	5,798	5,069	21,529
’22	5,118	6,767	6,195	5,366	23,446
’21	3,537	4,456	4,600	4,767	17,361
’20	3,185	2,380	2,839	2,861	11,264

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	320	235	—	—	—
’25	129	255	185	246	814
’24	136	261	202	249	848
’23	150	171	190	273	784
’22	339	177	255	223	995
’21	230	101	256	150	737
’20	114	268	86	96	564

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	222	124	—	—	—
’25	41	139	68	129	377
’24	61	143	66	122	392
’23	77	101	111	162	451
’22	275	105	177	141	698
’21	177	18	182	90	466
’20	67	217	22	35	341

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	7.28	11.27	—	—	—
’25	2.63	7.36	6.76	7.53	24.10
’24	3.12	6.92	7.20	6.96	24.11
’23	4.80	6.02	7.69	7.00	25.49
’22	6.08	7.53	9.28	5.21	28.10
’21	2.01	4.79	3.98	4.23	14.92
’20	2.92	5.73	2.27	2.16	13.08

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	51.68	60.44	61.05	72.07	78.75	119.47	164.30	231.65	350.55	345.23	Analyst estimates 2026–2028 Powerpack
	High	80.44	81.30	89.69	121.24	144.09	201.14	323.00	382.04	561.08	523.09
People
People	Employees	9,100	9,600	9,500	9,900	9,900	14,615	15,100	15,600	17,200	16,900
	Revenue/emp, $m	1.27	1.34	1.51	1.42	1.14	1.19	1.55	1.38	1.18	1.15
Income, $m
Income, $m	Revenue	11,595	12,827	14,363	14,035	11,264	17,361	23,446	21,529	20,244	19,384
	Gross margin, %	8.76	8.28	7.58	8.03	12.81	10.65	10.24	10.75	11.39	12.17
	EBT	352	240	274	202	509	522	884	734	652	609
	EBT margin, %	3.04	1.87	1.91	1.44	4.52	3.01	3.77	3.41	3.22	3.14
	Net income	222	245	214	155	386	397	673	557	503	471
	Depreciation	99	117	134	152	161	213	220	228	248	277
Per share, $
Per share, $	Revenue	295.26	358.12	439.58	444.22	386.66	662.36	997.45	1,001.69	985.94	1,004.20
	Earnings	5.64	6.85	6.54	4.90	13.25	15.14	28.63	25.91	24.47	24.38
	Cash flow	8.59	7.92	12.20	9.92	19.35	28.13	42.32	36.48	41.28	42.16
	Capex	(4.50)	(7.19)	(6.22)	(6.40)	(7.64)	(10.35)	(12.61)	(15.50)	(22.21)	(22.65)
	Free cash flow	4.09	0.73	5.99	3.51	11.71	17.78	29.70	20.97	19.07	19.52
	Book value	17.75	20.62	24.71	25.42	26.92	30.80	27.26	38.57	40.91	32.30
	Shares, m	39	36	33	32	29	26	24	21	21	19
Valuation, ×
Valuation, ×	P/E	11.04	11.56	11.68	23.68	9.89	13.09	9.54	13.83	20.43	16.44
	P/S	0.21	0.23	0.17	0.26	0.34	0.30	0.27	0.36	0.51	0.40
	P/B	3.49	3.91	3.10	4.60	4.86	6.47	10.01	9.31	12.26	12.49
	EV/Sales	0.25	0.28	0.22	0.32	0.41	0.39	0.35	0.44	0.60	0.51
	EV/FCF	18.36	137.42	16.27	40.13	13.64	14.55	11.66	20.83	30.92	26.39
Cash, $m
Cash, $m	Operating cash flow	337	284	399	313	564	737	995	784	848	814
	Capex	(177)	(257)	(203)	(202)	(223)	(271)	(296)	(333)	(456)	(437)
	Free cash flow	161	26	196	111	341	466	698	451	392	377
Balance, $m
Balance, $m	Working capital	1	81	92	206	94	93	(127)	(46)	(200)	(181)
	Total debt	670	881	863	1,038	1,002	1,815	1,807	1,800	1,848	2,183
	Net debt	516	711	679	758	839	1,559	1,729	1,675	1,801	2,154
	Shareholders’ equity	697	738	807	803	784	807	641	829	840	624
Returns, %
Returns, %	ROA	11.14	11.10	9.11	6.13	14.37	11.79	16.47	13.16	11.32	10.16
	ROIC	19.99	12.22	13.67	10.75	21.53	15.96	25.55	20.62	17.58	16.17
	ROE	29.74	34.18	27.64	19.23	48.65	49.88	92.95	75.78	60.22	64.31

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ULTA Ulta Beauty Inc.	$26.1B	21.5×	16.2×	+8.87% (above 0%: growing)	+13.28% (above 0%: growing)	+96.46% (above 0%: growing)	39.10%	12.51%	Compare
CASY Casey's General Stores, Inc.	$24.9B	33.0×	37.3×	+24.33% (above 0%: growing)	+27.59% (above 0%: growing)	−30.95% (below 0%: shrinking)	21.82%	6.50%	Compare
BBY Best Buy Co., Inc.	$19.8B	15.3×	11.4×	+3.61% (above 0%: growing)	+69.32% (above 0%: growing)	+28.40% (above 0%: growing)	23.91%	4.31%	Compare
TSCO Tractor Supply Company	$17.4B	17.3×	14.0×	+2.29% (above 0%: growing)	−14.81% (below 0%: shrinking)	−38.48% (below 0%: shrinking)	37.05%	10.29%	Compare
GME GameStop Corp.	$14.1B	13.4×	70.5×	−18.72% (below 0%: shrinking)	+76.32% (above 0%: growing)	+115.70% (above 0%: growing)	43.66%	20.27%	Compare
DKS DICK'S Sporting Goods, Inc.	$12.5B	15.2×	15.3×	+53.21% (above 0%: growing)	−26.35% (below 0%: shrinking)	−55.09% (below 0%: shrinking)	34.78%	7.89%	Compare
FIVE Five Below, Inc.	$12.3B	19.8×	21.2×	+22.85% (above 0%: growing)	+415.38% (above 0%: growing)	+194.67% (above 0%: growing)	48.55%	21.83%	Compare
MUSA Murphy USA Inc.	$10.0B	16.5×	17.2×	+35.99% (above 0%: growing)	+52.42% (above 0%: growing)	−10.68% (below 0%: shrinking)	10.97%	4.48%
BBWI Bath & Body Works, Inc.	$4.1B	5.3×	6.0×	−2.26% (below 0%: shrinking)	+93.33% (above 0%: growing)	+123.23% (above 0%: growing)	45.71%	14.27%	Compare
Median of peers	$15.8B	16.3×	15.8×	+6.24%	+48.46%	+62.43%	38.08%	11.40%

All 49 Specialty Retail stocks →

Murphy USA Inc. (MUSA) key facts

Concern: Murphy USA Inc.’s revenue for fiscal 2025 (year ended December 2025) was $19.4 billion, down 4.25% from fiscal 2024.
Concern: Net income was $470.6 million, or $24.38 per share (basic), a net margin of 2.43%.
Murphy USA Inc. (MUSA) is a Specialty Retail company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
As of October 16, 2026, MUSA traded at $547.67, a market capitalization of $10.0 billion.
At that price the stock trades at 16.5× trailing-twelve-month earnings and 0.5× sales; its P/E is higher than 70% of its own readings over the past ten years.
Murphy USA Inc. pays an annual dividend of $2.55 per share, a yield of 0.47%, with a payout ratio of 7.76%.
Return on equity was 64.3% and debt-to-equity 2.79.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 6.93 (safe zone) for fiscal 2025.