Murphy USA Inc.

NYSE•MUSA

CEO: Mr. R. Andrew Clyde

Sector: Consumer Cyclical

Industry: Specialty Retail

Listing Date: 2013-08-19

Murphy 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 well as operates non-fuel convenience stores. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States. Murphy USA Inc. was founded in 1996 and is headquartered in El Dorado, Arkansas.

Contact Information

200 Peach Street, El Dorado, AR, 71730-5836, United States

870-875-7600

www.murphyusa.com

Market Cap

$8.25B

P/E (TTM)

17.6

36.5

Dividend Yield

0.5%

52W High

$523.09

52W Low

$345.23

52W Range

56%

Rank24Top 10.8%

5.7

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 5.7 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$4.74B+0.00%

4-Quarter Trend

EPS

$7.61+0.00%

4-Quarter Trend

FCF

$128.80M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Income Decreased Slightly Net income $470.6M, down $31.9M from $502.5M in 2024; diluted EPS flat at $24.10 versus $24.11.

Merchandise Sales Show Strength Merchandise sales grew 2.1% to $4.3B in 2025; total merchandise contribution increased $35.3M to $869.0M.

Fuel Contribution Margins Improved Total fuel contribution rose 1.3% to $1.49B, driven by higher total retail fuel contribution margins and increased volumes sold.

Aggressive Share Repurchases Repurchased 1.54M common shares for $652.0M in 2025; $291.9M remains available under 2023 authorization.

Risk Factors

Total Revenue Declined Total revenues fell 4.2% to $19.4B, primarily due to 7.5% lower average retail fuel sales prices (down 23 cpg).

Operating Costs Increased Store operating expenses increased $43.9M (4.1%) due to higher employee costs and maintenance across 1,800 stores.

Northeast Market Competition Recorded $5.3M impairment charge on properties, largely due to competitive pressures observed in certain Northeast markets.

Debt Covenants Restrict Flexibility Significant long-term debt ($2.18B) and restrictive covenants limit capital flexibility and increase vulnerability to market changes.

Outlook

Aggressive New Store Pipeline Plan to build 45 to 55 NTI locations and execute up to 30 raze-and-rebuilds during 2026 fiscal year.

Capital Spending Focused Growth 2026 capital expenditures projected between $475M and $525M, focusing $375M to $400M on retail growth.

Enhance Merchandise Assortment Continually refining QuickChek F&B offer and expanding merchandise mix to drive higher margin non-nicotine sales.

Capital Return Strategy Expect to continue quarterly dividend payments and execute new $2.0B share repurchase authorization starting after 2028.

Peer Comparison

Revenue (TTM)

KMX

$27.83B

+0.1%

$27.63B

+3.2%

MUSA

$19.38B

-4.3%

Gross Margin (Latest Quarter)

HRB

84.9%

+47.9pp

ETSY

73.1%

-0.7pp

LEVI

60.8%

-0.5pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
ALSN	$9.42B	15.3	35.0%	48.0%
GAP	$8.76B	10.8	23.0%	44.4%
MUSA	$8.25B	17.6	74.3%	68.8%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

1.6%

Moderate Growth

4Q Net Income CAGR

38.7%

Profitability Improved

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 5, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data