Murphy USA (MUSA) Debt to Equity (2012 - 2026)

Murphy USA (MUSA) posted Debt to Equity of $3.27 for Q1 2026, down 6.48% sequentially from $3.5 in Q4 2025, and up 18.4% YoY from $2.77 in Q1 2025.

Murphy USA (MUSA) Debt to Equity (2012 - 2026) Analysis & Trends

Murphy USA (MUSA) has 15 years of Debt to Equity data on file, last reported at $3.27 in Q1 2026.

  • Quarterly Debt to Equity rose 18.4% year-over-year to $3.27 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.27 (up 18.4% YoY) and the FY2025 annual result came in at $3.5, up 59.1% from the prior year.
  • Debt to Equity fell to $3.27 in Q1 2026 per MUSA's latest filing, from $3.5 in the prior quarter.
  • The five-year high for Debt to Equity was $4.1 in Q3 2025, with the low at $2.13 in Q3 2023.
  • Average Debt to Equity over 5 years is $2.64, with a median of $2.37 recorded in 2022.
  • Year-over-year, Debt to Equity decreased 23.01% in 2023 and soared 85.48% in 2025.
  • Murphy USA's Debt to Equity stood at $2.82 in 2022, then declined by 23.01% to $2.17 in 2023, then advanced by 1.34% to $2.2 in 2024, then jumped by 59.1% to $3.5 in 2025, then retreated by 6.48% to $3.27 in 2026.
  • Business Quant data shows MUSA's Debt to Equity at $3.27 in Q1 2026, $3.5 in Q4 2025, and $4.1 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 0.62
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn -
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 0.34
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 0.85
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 0.38
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 3.27
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn -
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn -0.65
10 Academy Sports & Outdoors 3.04 Bn 2.71 Bn 479.35 Mn 0.23

Historic Data

Download Data
DateValue
Mar 31, 2026 3.27
Dec 31, 2025 3.50
Sep 30, 2025 4.10
Jun 30, 2025 3.22
Mar 31, 2025 2.77
Dec 31, 2024 2.20
Sep 30, 2024 2.21
Jun 30, 2024 2.21
Mar 31, 2024 2.30
Dec 31, 2023 2.17
Sep 30, 2023 2.13
Jun 30, 2023 2.40
Mar 31, 2023 2.52
Dec 31, 2022 2.82
Sep 30, 2022 2.36
Jun 30, 2022 2.37
Mar 31, 2022 2.29
Dec 31, 2021 2.25
Sep 30, 2021 2.20
Jun 30, 2021 2.39