Murphy USA (MUSA) Gross Margin (2012 - 2026)

Murphy USA has disclosed Gross Margin across 15 years of filings, most recently posting 10.97% for Q2 2026.

• In Q2 2026, Gross Margin fell 126.0% year-over-year to 10.97%; the TTM figure through Jun 2026 stood at 12.22% (up 33.0% YoY), while the FY2025 annual figure was 12.17%, up 78.0% from the prior year.
• Gross Margin came in at 10.97% for Q2 2026 at Murphy USA, down from 12.75% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 25.54% in Q1 2023 to a low of 36.96% in Q4 2023.
• Average Gross Margin over 5 years is 10.78%, with a median of 12.49% recorded in 2024.
• Year-over-year, Gross Margin tumbled 5904 bps in 2022 and surged 4968 bps in 2024.
• Over 5 years, Gross Margin stood at 33.11% in 2022, then slipped by 12 bps to 36.96% in 2023, then jumped by 134 bps to 12.72% in 2024, then grew by 6 bps to 13.44% in 2025, then dropped by 18 bps to 10.97% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 10.97% in Q2 2026, 12.75% in Q1 2026, and 13.44% in Q4 2025.