Murphy USA (MUSA) Net Margin (2012 - 2026)
Murphy USA's (MUSA) quarterly Net Margin came in at 3.07% in Q2 2026, up 16.0% year-over-year from 2.65% in Q2 2025, and up 8.63% quarter-over-quarter from 2.83% in Q1 2026.
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Analysis
Murphy USA (MUSA) Net Margin (2012 - 2026) Analysis & Trends
Murphy USA has disclosed Net Margin across 15 years of filings, most recently posting 3.07% for Q2 2026.
- In Q2 2026, Net Margin rose 16.0% year-over-year to 3.07%; the TTM figure through Jun 2026 stood at 2.87% (up 36.0% YoY), while the FY2025 annual figure was 2.43%, down 5.0% from the prior year.
- Net Margin came in at 3.07% for Q2 2026 at Murphy USA, up from 2.83% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 3.54% in Q3 2022 to a low of 1.18% in Q1 2025.
- Average Net Margin over 5 years is 2.62%, with a median of 2.84% recorded in 2026.
- Year-over-year, Net Margin plunged 88 bps in 2023 and soared 165 bps in 2026.
- Over 5 years, Net Margin stood at 2.19% in 2022, then jumped by 35 bps to 2.96% in 2023, then gained by 2 bps to 3.03% in 2024, then declined by 1 bps to 2.99% in 2025, then advanced by 3 bps to 3.07% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 3.07% in Q2 2026, 2.83% in Q1 2026, and 2.99% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 22.08 Bn | 21.56 Bn | 1.24 Bn | 4.82% |
| 2 | Murphy USA | 9.67 Bn | 9.49 Bn | 746.50 Mn | 3.07% |
| 3 | Arko | 473.42 Mn | 281.56 Mn | - | 0.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.07% |
| Mar 31, 2026 | 2.83% |
| Dec 31, 2025 | 2.99% |
| Sep 30, 2025 | 2.54% |
| Jun 30, 2025 | 2.91% |
| Mar 31, 2025 | 1.18% |
| Dec 31, 2024 | 3.03% |
| Sep 30, 2024 | 2.85% |
| Jun 30, 2024 | 2.66% |
| Mar 31, 2024 | 1.36% |
| Dec 31, 2023 | 2.96% |
| Sep 30, 2023 | 2.89% |
| Jun 30, 2023 | 2.38% |
| Mar 31, 2023 | 2.09% |
| Dec 31, 2022 | 2.19% |
| Sep 30, 2022 | 3.54% |
| Jun 30, 2022 | 2.71% |
| Mar 31, 2022 | 2.98% |
| Dec 31, 2021 | 2.28% |
| Sep 30, 2021 | 2.26% |
API Access
Murphy USA Net Margin 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=net-margin&ticker=MUSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=MUSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();