Murphy USA (MUSA) Net Margin (2012 - 2026)
Murphy USA's (MUSA) quarterly Net Margin came in at 2.83% in Q1 2026, up 165.0% year-on-year from 1.07% in Q1 2025, and down 5.46% quarter-over-quarter from 2.99% in Q4 2025.
Murphy USA (MUSA) Net Margin (2012 - 2026) Analysis & Trends
Murphy USA has disclosed Net Margin across 14 years of filings, most recently posting 2.83% for Q1 2026.
- Net Margin for Q1 2026 came in at 2.83%, up 165.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.81% (up 36.0% YoY), and the FY2025 annual result was 2.43%, down 5.0% from the prior year.
- Net Margin came in at 2.83% for Q1 2026 at Murphy USA, down from 2.99% 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.
- The 5-year median for Net Margin is 2.83% (2026), against an average of 2.59%.
- Across the five-year window, Net Margin sank 88 bps in 2023 and surged 165 bps in 2026, its largest moves.
- Murphy USA's 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 declined by 5 bps to 2.83% in 2026.
- The last three Net Margin figures came in at 2.83% (Q1 2026), 2.99% (Q4 2025), and 2.54% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 3.32% |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 15.61% |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 9.19% |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 2.06% |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 4.58% |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 3.09% |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 13.78% |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 2.83% |
| 10 | GameStop | 9.92 Bn | 905.02 Mn | 386.80 Mn | 11.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 2.89% |