Murphy USA (MUSA) Financials: Revenue & Earnings
MUSA$534.81+19.53 +3.79%
$9.83B
Market Cap
14.33
P/E
15.40
Forward P/E
53
Score
Murphy USA (MUSA) Financials: Revenue & Earnings
MUSA price $534.81 +19.53 +3.79%
- Ticker
- MUSA
- Price
- $534.81
- Change
- +19.53 +3.79%
- Market cap ?
- $9.83B
- P/E ?
- 14.33
- Forward P/E ?
- 15.40
- Dividend yield ?
- 0.49%
- Beta ?
- 0.25
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Stocklytics score
- 53
- Value
- 60
- Quality
- 35
- Growth
- 65
Stocklytics score rationale: value 60, quality 35, growth 65.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 11594553000 | 12826553000 | 14362900000 | 14034600000 | 11264300000 | 17360500000 | 23446100000 | 21529400000 | 20244300000 | 19384000000 |
Murphy USA Inc. specializes in providing retail gasoline and a variety of convenience store items. It manages a network of retail outlets operating under its well-known banners: Murphy USA, Murphy Express, and QuickChek. Established in 1996, the corporation maintains its headquarters in El Dorado, Arkansas.
Fair value
MUSA fair value $398.84. Price $534.81. Price is 34% above fair value.
Above fair value, and more expensive than usual. A larger premium than on 81% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 559.40M. Growth 6.40%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 18.38M. Net debt 3.22B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2027-02-03 | — | 7.77 | — | 5.94B |
| 2026-10-28 | 9.59 | 8.37 | 6.89B | 6.25B |
| 2026-08-05 | 11.27 | 9.95 | 6.81B | 6.03B |
| 2026-04-29 | 7.28 | 5.37 | 4.82B | 4.70B |
| 2026-02-04 | 7.53 | 6.67 | 4.74B | 4.84B |
| 2025-10-29 | 7.25 | 6.60 | 5.11B | 4.88B |
| 2025-07-30 | 7.36 | 6.82 | 5.00B | 5.26B |
| 2025-05-07 | 2.63 | 3.96 | 4.53B | 4.67B |
| 2025-02-05 | 6.96 | 6.46 | 4.71B | 4.90B |
| 2024-10-30 | 7.20 | 6.68 | 5.24B | 5.54B |
| 2024-07-31 | 6.92 | 6.92 | 5.45B | 5.69B |
| 2024-05-01 | 3.12 | 4.58 | 4.84B | 4.89B |
| 2024-02-07 | 7.00 | 6.25 | 5.07B | 5.50B |
| 2023-11-01 | 7.69 | 6.38 | 5.80B | 5.56B |
| 2023-08-02 | 6.02 | 5.98 | 5.59B | 5.64B |
| 2023-05-02 | 4.80 | 4.02 | 5.08B | 5.53B |
| 2023-02-01 | 5.21 | 6.25 | 5.37B | 5.36B |
| 2022-10-26 | 9.28 | 7.57 | 6.19B | 6.00B |
| 2022-07-27 | 7.53 | 4.42 | 6.77B | 6.18B |
| 2022-05-03 | 6.08 | 3.01 | 5.12B | 4.75B |
| 2022-02-02 | 4.23 | 3.20 | 4.77B | 4.56B |
| 2021-10-27 | 3.98 | 3.25 | 4.60B | 4.45B |
| 2021-07-28 | 4.79 | 2.88 | 4.46B | 4.24B |
| 2021-04-28 | 2.25 | 1.47 | 3.54B | 3.18B |
| 2021-02-03 | 2.16 | 2.17 | 2.86B | 2.95B |
| 2020-10-28 | 2.53 | 2.42 | 2.84B | 2.72B |
| 2020-07-21 | 5.73 | 4.79 | 2.38B | 1.99B |
| 2020-04-17 | 2.92 | 2.22 | 3.18B | 2.74B |
| 2020-01-29 | 1.54 | 1.46 | 3.46B | 3.28B |
| 2019-10-30 | 2.54 | 1.44 | 3.66B | 3.21B |
| 2019-07-31 | 1.01 | 1.08 | 3.80B | 4.06B |
| 2019-04-29 | 0.16 | 0.19 | 3.12B | 3.70B |
| 2019-01-30 | 2.38 | 2.65 | 3.50B | 3.47B |
| 2018-10-31 | 1.38 | 1.51 | 3.79B | 4.14B |
| 2018-08-01 | 1.50 | 1.15 | 3.83B | 2.94B |
| 2018-05-01 | 0.12 | 0.24 | 3.24B | 7.03B |
| 2018-01-31 | 1.03 | 1.13 | 3.38B | 4.08B |
| 2017-11-01 | 1.90 | 1.32 | 3.24B | 2.25B |
| 2017-08-02 | 1.51 | 1.13 | 3.21B | 2.25B |
| 2017-05-01 | -0.08 | -0.09 | 3.00B | — |
Dividends
Yield 0.48%. Payout ratio 7.12%. Frequency Quarterly.
Safety score 84/100 · Safe. Payout ratio is 7% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 7 separate years. Yield is 0.5%, which is modest.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-11-04 | $0.72 | 2026-11-04 | 2026-12-01 | Quarterly |
| 2026-08-24 | $0.65 | 2026-08-24 | 2026-09-03 | Quarterly |
| 2026-05-18 | $0.64 | 2026-05-18 | 2026-06-01 | Quarterly |
| 2026-02-23 | $0.63 | 2026-02-23 | 2026-03-05 | Quarterly |
| 2025-11-10 | $0.63 | 2025-11-10 | 2025-12-01 | Quarterly |
| 2025-08-25 | $0.53 | 2025-08-25 | 2025-09-04 | Quarterly |
| 2025-05-12 | $0.50 | 2025-05-12 | 2025-06-02 | Quarterly |
| 2025-02-24 | $0.49 | 2025-02-24 | 2025-03-05 | Quarterly |
| 2024-11-04 | $0.48 | 2024-11-04 | 2024-12-02 | Quarterly |
| 2024-08-26 | $0.45 | 2024-08-26 | 2024-09-05 | Quarterly |
| 2024-05-17 | $0.44 | 2024-05-20 | 2024-06-03 | Quarterly |
| 2024-02-23 | $0.42 | 2024-02-26 | 2024-03-07 | Quarterly |
| 2023-11-03 | $0.41 | 2023-11-06 | 2023-12-01 | Quarterly |
| 2023-08-25 | $0.39 | 2023-08-28 | 2023-09-07 | Quarterly |
| 2023-05-12 | $0.38 | 2023-05-15 | 2023-06-01 | Quarterly |
| 2023-02-17 | $0.37 | 2023-02-21 | 2023-03-01 | Quarterly |
| 2022-11-07 | $0.35 | 2022-11-08 | 2022-12-01 | Quarterly |
| 2022-08-29 | $0.32 | 2022-08-30 | 2022-09-08 | Quarterly |
| 2022-05-16 | $0.31 | 2022-05-17 | 2022-06-01 | Quarterly |
| 2022-02-17 | $0.29 | 2022-02-21 | 2022-03-03 | Quarterly |
| 2021-11-05 | $0.29 | 2021-11-08 | 2021-12-01 | Quarterly |
| 2021-08-27 | $0.25 | 2021-08-30 | 2021-09-09 | Quarterly |
| 2021-05-14 | $0.25 | 2021-05-17 | 2021-06-01 | Quarterly |
| 2021-02-19 | $0.25 | 2021-02-22 | 2021-03-04 | Quarterly |
| 2020-11-12 | $0.25 | 2020-11-13 | 2020-12-01 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-09-30 | DEMING CLAIBORNE P | Buy | 61 | — | — |
| 2026-09-30 | MILLER DAVID B | Buy | 51 | — | — |
| 2026-09-30 | Phillips Jeanne Linder | Buy | 51 | — | — |
| 2026-09-30 | Taylor Jack T | Buy | 63 | — | — |
| 2026-09-03 | Bartko Eric J. | Sell | 100 | $523.60 | 52.36K |
| 2026-09-01 | Shah Anish K. | Other | 0 | — | — |
| 2026-08-20 | Turner Rosemary | Sell | 966 | $571.88 | 552.44K |
| 2026-08-17 | Turner Rosemary | Buy | 449 | — | — |
| 2026-08-17 | Turner Rosemary | Buy | 617 | — | — |
| 2026-08-17 | Turner Rosemary | Sell | 617 | — | — |
| 2026-08-17 | Turner Rosemary | Sell | 449 | — | — |
| 2026-08-11 | Keyes James W | Sell | 2.00K | — | — |
| 2026-06-30 | MILLER DAVID B | Buy | 48 | — | — |
| 2026-06-30 | DEMING CLAIBORNE P | Buy | 57 | — | — |
| 2026-06-30 | Phillips Jeanne Linder | Buy | 48 | — | — |
| 2026-06-30 | Taylor Jack T | Buy | 59 | — | — |
| 2026-06-05 | Landen Diane N | Sell | 3.00K | $547.25 | 1.64M |
| 2026-06-05 | Landen Diane N | Sell | 3.00K | — | — |
| 2026-05-27 | Bacon Renee M | Sell | 1.05K | $529.44 | 555.91K |
| 2026-05-26 | Bacon Renee M | Buy | 2.60K | — | — |
| 2026-05-26 | Bacon Renee M | Sell | 1.55K | $542.74 | 841.25K |
| 2026-05-26 | Bacon Renee M | Sell | 2.60K | $181.18 | 471.07K |
| 2026-05-15 | Emery Keith A. | Buy | 700 | — | — |
| 2026-05-15 | Emery Keith A. | Sell | 428 | $576.20 | 246.61K |
| 2026-05-15 | Emery Keith A. | Buy | 500 | — | — |
| 2026-05-15 | Emery Keith A. | Sell | 255 | $576.20 | 146.93K |
| 2026-05-15 | Emery Keith A. | Sell | 517 | $574.49 | 297.01K |
| 2026-05-15 | Emery Keith A. | Sell | 500 | $181.18 | 90.59K |
| 2026-05-15 | Emery Keith A. | Sell | 700 | $263.48 | 184.44K |
| 2026-05-05 | Woodward Scott G. | Buy | 250 | — | — |
| 2026-05-05 | Woodward Scott G. | Buy | 350 | — | — |
| 2026-05-05 | Woodward Scott G. | Sell | 202 | $592.81 | 119.75K |
| 2026-05-05 | Woodward Scott G. | Sell | 240 | $592.81 | 142.27K |
| 2026-05-05 | Woodward Scott G. | Sell | 158 | $600.50 | 94.88K |
| 2026-05-05 | Woodward Scott G. | Sell | 250 | $391.54 | 97.89K |
| 2026-05-05 | Woodward Scott G. | Sell | 350 | $263.48 | 92.22K |
| 2026-05-04 | MURPHY ROBERT MADISON | Sell | 26.00K | $597.00 | 15.52M |
| 2026-05-04 | MURPHY ROBERT MADISON | Sell | 15.50K | $596.90 | 9.25M |
| 2026-04-06 | Smith Donald R Jr | Buy | 134 | — | — |
| 2026-04-06 | Smith Donald R Jr | Buy | 267 | — | — |
| 2026-04-06 | Smith Donald R Jr | Buy | 427 | $507.56 | 216.73K |
| 2026-03-31 | DEMING CLAIBORNE P | Buy | 65 | — | — |
| 2026-03-31 | MILLER DAVID B | Buy | 55 | — | — |
| 2026-03-31 | Phillips Jeanne Linder | Buy | 55 | — | — |
| 2026-03-31 | Taylor Jack T | Buy | 68 | — | — |
| 2026-03-05 | Woodward Scott G. | Sell | 137 | $422.44 | 57.72K |
| 2026-03-05 | CHUMLEY ROBERT J | Sell | 5.04K | $420.00 | 2.12M |
| 2026-02-26 | Emery Keith A. | Sell | 899 | $382.53 | 343.89K |
| 2026-02-24 | Phillips Jeanne Linder | Sell | 1.16K | $395.19 | 456.44K |
| 2026-02-23 | Bacon Renee M | Sell | 2.84K | $388.61 | 1.11M |
| 2026-02-13 | Phillips Jeanne Linder | Buy | 349 | — | — |
| 2026-02-13 | Phillips Jeanne Linder | Sell | 349 | — | — |
| 2026-02-13 | Haley David C. | Sell | 244 | — | — |
| 2026-02-13 | Haley David C. | Buy | 244 | — | — |
| 2026-02-13 | Turner Rosemary | Sell | 349 | — | — |
| 2026-02-13 | Turner Rosemary | Buy | 349 | — | — |
| 2026-02-13 | GOEBEL DAVID | Buy | 349 | — | — |
| 2026-02-13 | GOEBEL DAVID | Sell | 349 | — | — |
| 2026-02-13 | MURPHY ROBERT MADISON | Buy | 349 | — | — |
| 2026-02-13 | MURPHY ROBERT MADISON | Sell | 349 | — | — |
| 2026-02-13 | Landen Diane N | Buy | 349 | — | — |
| 2026-02-13 | Landen Diane N | Sell | 349 | — | — |
| 2026-02-13 | Keyes James W | Buy | 349 | — | — |
| 2026-02-13 | Keyes James W | Sell | 349 | — | — |
| 2026-02-13 | Bartko Eric J. | Sell | 345 | $404.84 | 139.67K |
| 2026-02-13 | Bacon Renee M | Sell | 1.22K | $386.09 | 470.64K |
| 2026-02-12 | Phillips Jeanne Linder | Buy | 421 | — | — |
| 2026-02-12 | Haley David C. | Buy | 421 | — | — |
| 2026-02-12 | Taylor Jack T | Buy | 421 | — | — |
| 2026-02-12 | Turner Rosemary | Buy | 421 | — | — |
| 2026-02-12 | GOEBEL DAVID | Buy | 421 | — | — |
| 2026-02-12 | MILLER DAVID B | Buy | 421 | — | — |
| 2026-02-12 | DEMING CLAIBORNE P | Buy | 421 | — | — |
| 2026-02-12 | MURPHY ROBERT MADISON | Buy | 421 | — | — |
| 2026-02-12 | Landen Diane N | Buy | 421 | — | — |
| 2026-02-12 | Keyes James W | Buy | 421 | — | — |
| 2026-02-12 | Kulp Michael G. | Buy | 421 | — | — |
| 2026-02-11 | Emery Keith A. | Buy | 1.23K | — | — |
| 2026-02-11 | Emery Keith A. | Buy | 490 | — | — |
| 2026-02-11 | Emery Keith A. | Buy | 838 | — | — |
| 2026-02-11 | Emery Keith A. | Sell | 500 | — | — |
| 2026-02-11 | Emery Keith A. | Sell | 368 | $363.36 | 133.72K |
| 2026-02-11 | Emery Keith A. | Buy | 809 | $380.92 | 308.16K |
| 2026-02-11 | Emery Keith A. | Buy | 245 | — | — |
| 2026-02-11 | Bartko Eric J. | Buy | 1.23K | — | — |
| 2026-02-11 | Bartko Eric J. | Buy | 454 | — | — |
| 2026-02-11 | Bartko Eric J. | Sell | 300 | — | — |
| 2026-02-11 | Bartko Eric J. | Buy | 502 | — | — |
| 2026-02-11 | Bartko Eric J. | Buy | 749 | $380.92 | 285.31K |
| 2026-02-11 | Bartko Eric J. | Sell | 228 | $363.36 | 82.85K |
| 2026-02-11 | Bartko Eric J. | Buy | 227 | — | — |
| 2026-02-11 | CHUMLEY ROBERT J | Buy | 1.84K | — | — |
| 2026-02-11 | CHUMLEY ROBERT J | Sell | 798 | $363.36 | 289.96K |
| 2026-02-11 | CHUMLEY ROBERT J | Buy | 797 | — | — |
| 2026-02-11 | CHUMLEY ROBERT J | Buy | 1.23K | — | — |
| 2026-02-11 | CHUMLEY ROBERT J | Sell | 1.10K | — | — |
| 2026-02-11 | CHUMLEY ROBERT J | Buy | 1.31K | $380.92 | 500.91K |
| 2026-02-11 | CHUMLEY ROBERT J | Buy | 399 | — | — |
| 2026-02-11 | Click Christopher A | Buy | 1.84K | — | — |
| 2026-02-11 | Click Christopher A | Sell | 798 | $363.36 | 289.96K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 627, holders +69 vs prior quarter. Ownership 84.09%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 1.70M | 18.68K | +1.11% | 915.73M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 776.17K | 47.73K | +6.55% | 418.25M |
| VANGUARD CAPITAL MANAGEMENT LLC | 752.80K | 1.99K | +0.26% | 405.66M |
| FMR LLC | 707.66K | -758.13K | -51.72% | 381.34M |
| BOSTON PARTNERS | 561.25K | 24.34K | +4.53% | 303.01M |
| STATE STREET CORP | 557.93K | 1.22K | +0.22% | 300.61M |
| GEODE CAPITAL MANAGEMENT, LLC | 480.81K | 104.79K | +27.87% | 259.15M |
| HUNTINGTON NATIONAL BANK | 414.72K | 1 | +0.00% | 223.48M |
| RENAISSANCE TECHNOLOGIES LLC | 340.18K | 108.32K | +46.72% | 183.31M |
| DIMENSIONAL FUND ADVISORS LP | 302.86K | 5.56K | +1.87% | 163.20M |
| AQR CAPITAL MANAGEMENT LLC | 304.07K | -11.85K | -3.75% | 161.35M |
| NORGES BANK | 275.21K | 275.21K | New | 148.30M |
| ALLIANCEBERNSTEIN L.P. | 292.02K | 107.86K | +58.57% | 144.25M |
| CLEARBRIDGE INVESTMENTS, LLC | 263.10K | -6.08K | -2.26% | 141.77M |
| BARCLAYS PLC | 262.89K | -269.55K | -50.63% | 141.66M |
| MARSHALL WACE, LLP | 245.82K | 41.29K | +20.19% | 132.47M |
| MORGAN STANLEY | 228.74K | 18.13K | +8.61% | 123.26M |
| FULLER & THALER ASSET MANAGEMENT, INC. | 212.23K | 80.64K | +61.28% | 114.36M |
| SQUAREPOINT OPS LLC | 187.34K | 161.75K | +631.98% | 100.95M |
| INVESCO LTD. | 170.27K | 101.14K | +146.32% | 91.75M |
| TWO SIGMA INVESTMENTS, LP | 167.66K | 100.09K | +148.15% | 90.34M |
| JANE STREET GROUP, LLC | 165.99K | 165.99K | New | 89.45M |
| RECURRENT INVESTMENT ADVISORS LLC | 146.26K | 144 | +0.10% | 78.59M |
| BANK OF NEW YORK MELLON CORP | 145.44K | -3.62K | -2.43% | 78.37M |
| NORTHERN TRUST CORP | 143.75K | -904 | -0.62% | 77.46M |
Earnings and financials
Murphy USA Inc. (MUSA) trades at $534.81, with a market cap of $9.83B and a trailing P/E of 14.33. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 11594553000 | 12826553000 | 14362900000 | 14034600000 | 11264300000 | 17360500000 | 23446100000 | 21529400000 | 20244300000 | 19384000000 |
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