Murphy USA (MUSA) Debt to Equity (2012 - 2026)
Murphy USA's (MUSA) quarterly Debt to Equity came in at $3.27 in Q1 2026, up 18.4% year-on-year from $2.77 in Q1 2025, and down 6.48% quarter-over-quarter from $3.5 in Q4 2025.
Murphy USA (MUSA) Debt to Equity (2012 - 2026) Analysis & Trends
Murphy USA has disclosed Debt to Equity across 15 years of filings, most recently posting $3.27 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $3.27, up 18.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.27 (up 18.4% YoY), and the FY2025 annual result was $3.5, up 59.1% from the prior year.
- Debt to Equity came in at $3.27 for Q1 2026 at Murphy USA, down from $3.5 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $4.1 in Q3 2025 to a low of $2.13 in Q3 2023.
- The 5-year median for Debt to Equity is $2.37 (2022), against an average of $2.64.
- Across the five-year window, Debt to Equity dropped 23.01% in 2023 and surged 85.48% in 2025, its largest moves.
- Murphy USA's Debt to Equity stood at $2.82 in 2022, then decreased by 23.01% to $2.17 in 2023, then increased by 1.34% to $2.2 in 2024, then jumped by 59.1% to $3.5 in 2025, then dropped by 6.48% to $3.27 in 2026.
- The last three Debt to Equity figures came in at $3.27 (Q1 2026), $3.5 (Q4 2025), and $4.1 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 0.63 |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | - |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 0.02 |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 0.34 |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 0.85 |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 0.38 |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | -0.65 |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | - |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 3.27 |
| 10 | GameStop | 9.92 Bn | 905.02 Mn | 386.80 Mn | 0.76 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |