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| Date | Value |
|---|---|
| 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 |