Murphy USA (MUSA) Cost of Revenue (2012 - 2026)
Murphy USA's Cost of Revenue came in at $6.06 billion for Q2 2026, up 37.9% from $4.39 billion a year earlier and up 44.1% from the prior quarter.
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Analysis
Murphy USA (MUSA) Cost of Revenue (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Murphy USA reported Cost of Revenue of $18.85 billion, up 9.9% year-over-year; for FY2025, it came in at $17.02 billion, down 5.1% from FY2024.
- Cost of Revenue has declined in each of the last three years, though with a five-year compound annual growth rate of 11.6% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $17.94 billion in FY2024 (-6.7%), $19.22 billion in FY2023 (-8.7%), $21.05 billion in FY2022 (+35.7%) and $15.51 billion in FY2021 (+57.9%).
- The Q2 2026 figure represents the highest quarterly Cost of Revenue since Q2 2022.
- Year-over-year, Cost of Revenue increased in two of the last eight quarters, with growth averaging 0.4%.
- The fastest year-over-year change in Cost of Revenue over five years came in Q4 2021 (growth of 100.4%), and the weakest in Q2 2023 (a decline of 18.4%).
- Business Quant data shows MUSA's Cost of Revenue at $4.21 billion (Q1 2026), $4.11 billion (Q4 2025) and $4.48 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 951.18 Bn | 913.88 Bn | 49.13 Bn | 138.80 Bn |
| 2 | Costco Wholesale | 444.74 Bn | 368.02 Bn | 12.19 Bn | 83.53 Bn |
| 3 | Kroger | 39.45 Bn | 25.60 Bn | 7.86 Bn | 26.76 Bn |
| 4 | Sysco | 38.98 Bn | 33.23 Bn | 4.13 Bn | 17.99 Bn |
| 5 | Dollar General | 29.28 Bn | 23.95 Bn | 3.68 Bn | 7.61 Bn |
| 6 | Caseys General Stores | 25.84 Bn | 23.84 Bn | 1.24 Bn | 4.44 Bn |
| 7 | Dollar Tree | 23.52 Bn | 20.14 Bn | 2.10 Bn | 2.79 Bn |
| 8 | US Foods Holding | 21.84 Bn | 21.63 Bn | 1.92 Bn | 8.61 Bn |
| 9 | Tractor Supply | 17.44 Bn | 16.61 Bn | 1.68 Bn | 2.86 Bn |
| 10 | Murphy USA | 9.82 Bn | 9.46 Bn | 746.50 Mn | 6.06 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.06 Bn |
| Mar 31, 2026 | 4.21 Bn |
| Dec 31, 2025 | 4.11 Bn |
| Sep 30, 2025 | 4.48 Bn |
| Jun 30, 2025 | 4.39 Bn |
| Mar 31, 2025 | 4.04 Bn |
| Dec 31, 2024 | 4.11 Bn |
| Sep 30, 2024 | 4.62 Bn |
| Jun 30, 2024 | 4.84 Bn |
| Mar 31, 2024 | 4.37 Bn |
| Dec 31, 2023 | 4.48 Bn |
| Sep 30, 2023 | 5.17 Bn |
| Jun 30, 2023 | 5.01 Bn |
| Mar 31, 2023 | 4.56 Bn |
| Dec 31, 2022 | 4.81 Bn |
| Sep 30, 2022 | 5.52 Bn |
| Jun 30, 2022 | 6.15 Bn |
| Mar 31, 2022 | 4.57 Bn |
| Dec 31, 2021 | 4.28 Bn |
| Sep 30, 2021 | 4.12 Bn |
API Access
Murphy USA Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MUSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MUSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MUSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();