Murphy USA (MUSA) Operating Expenses (2012 - 2026)

Murphy USA (MUSA) reported Operating Expenses of $4.6 billion for Q1 2026, up 1634.08% on a YoY basis from $266.1 million in Q1 2025, and up 1540.38% sequentially from $281.3 million in Q4 2025.

Murphy USA (MUSA) Operating Expenses (2012 - 2026) Analysis & Trends

Murphy USA (MUSA) has 15 years of Operating Expenses data on file, last reported at $4.6 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 1634.08% year-over-year to $4.6 billion; the trailing twelve-month figure through Mar 2026 stood at $14.6 billion (up 274.28% YoY), and the FY2025 full-year result was $1.1 billion, up 4.12% from the prior year.
  • Operating Expenses rose to $4.6 billion in Q1 2026, from $281.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $6.5 billion in Q2 2022 to a low of -$13.9 billion in Q4 2024.
  • A 5-year average of $2.0 billion and a median of $4.6 billion in 2026 frame the typical range for Operating Expenses.
  • Peak annual rise in Operating Expenses reached 1888.63% in 2024, while the deepest fall reached 387.0% in 2024.
  • Tracing MUSA's Operating Expenses over 5 years: stood at $5.2 billion in 2022, then slipped by 6.57% to $4.9 billion in 2023, then slumped by 387.0% to -$13.9 billion in 2024, then surged by 102.02% to $281.3 million in 2025, then soared by 1540.38% to $4.6 billion in 2026.
  • Business Quant data shows MUSA's Operating Expenses at $4.6 billion in Q1 2026, $281.3 million in Q4 2025, and $4.9 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Caseys General Stores 32.13 Bn 31.61 Bn 1.08 Bn 730.02 Mn
2 NaaS Technology 30.58 Bn 30.58 Bn - -
3 Williams Sonoma 28.34 Bn 27.33 Bn 1.10 Bn 627.08 Mn
4 Ulta Beauty 23.18 Bn 22.69 Bn 1.48 Bn 1.01 Bn
5 Best Buy 18.52 Bn 16.77 Bn 2.10 Bn 1.73 Bn
6 Dick'S Sporting Goods 16.59 Bn 15.24 Bn 1.77 Bn 1.57 Bn
7 MINISO Group Holding 16.05 Bn 14.98 Bn 414.86 Mn -290.69 Mn
8 Tractor Supply 15.89 Bn 15.66 Bn 1.30 Bn 941.15 Mn
9 Five Below 12.09 Bn 11.16 Bn 696.98 Mn 337.11 Mn
10 Murphy USA 11.42 Bn 11.30 Bn -3.64 Bn 4.61 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.61 Bn
Dec 31, 2025 281.30 Mn
Sep 30, 2025 4.91 Bn
Jun 30, 2025 4.79 Bn
Mar 31, 2025 266.10 Mn
Dec 31, 2024 -13.92 Bn
Sep 30, 2024 5.02 Bn
Jun 30, 2024 269.90 Mn
Mar 31, 2024 4.74 Bn
Dec 31, 2023 4.85 Bn
Sep 30, 2023 265.60 Mn
Jun 30, 2023 5.39 Bn
Mar 31, 2023 238.30 Mn
Dec 31, 2022 5.19 Bn
Sep 30, 2022 254.50 Mn
Jun 30, 2022 6.51 Bn
Mar 31, 2022 222.70 Mn
Dec 31, 2021 4.61 Bn
Sep 30, 2021 4.44 Bn
Jun 30, 2021 4.27 Bn