Murphy USA (MUSA) Operating Expenses (2012 - 2026)
Murphy USA (MUSA) posted Operating Expenses of $4.6 billion for Q1 2026, up 1540.38% sequentially from $281.3 million in Q4 2025, and up 1634.08% YoY from $266.1 million in Q1 2025.
Murphy USA (MUSA) Operating Expenses (2012 - 2026) Analysis & Trends
Murphy USA has reported Operating Expenses for 15 years, with the latest figure at $4.6 billion in Q1 2026.
- Quarterly Operating Expenses rose 1634.08% year-over-year to $4.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.6 billion (up 274.28% YoY) and the FY2025 annual result came in at $1.1 billion, up 4.12% from the prior year.
- Operating Expenses rose to $4.6 billion in Q1 2026 per MUSA's latest filing, from $281.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $6.5 billion in Q2 2022 and troughed at -$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.
- The widest YoY moves for Operating Expenses: up 1888.63% in 2024, down 387.0% in 2024.
- Over 5 years, Operating Expenses stood at $5.2 billion in 2022, then fell by 6.57% to $4.9 billion in 2023, then sank 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.
- According to Business Quant data, Operating Expenses over the past three periods registered $4.6 billion, $281.3 million, and $4.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.86 Bn | 30.34 Bn | 1.08 Bn | 730.02 Mn |
| 2 | Williams Sonoma | 28.83 Bn | 27.81 Bn | 1.10 Bn | 627.08 Mn |
| 3 | Ulta Beauty | 22.86 Bn | 22.64 Bn | 1.27 Bn | 819.36 Mn |
| 4 | Tractor Supply | 18.25 Bn | 18.02 Bn | 1.68 Bn | 1.02 Bn |
| 5 | Best Buy | 18.12 Bn | 16.37 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 16.18 Bn | 15.18 Bn | 1.68 Bn | 1.22 Bn |
| 7 | Five Below | 13.82 Bn | 12.71 Bn | 478.64 Mn | 273.28 Mn |
| 8 | Murphy USA | 10.46 Bn | 10.28 Bn | 746.50 Mn | 6.50 Bn |
| 9 | Bath & Body Works | 4.03 Bn | 3.08 Bn | 1.24 Bn | 645.00 Mn |
| 10 | MINISO Group Holding | 3.38 Bn | 2.41 Bn | 414.86 Mn | -290.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.50 Bn |
| 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 |