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

Murphy USA (MUSA) posted Operating Expenses of $279.8 million for Q1 2026, down 93.83% sequentially from $4.5 billion in Q4 2025, and down 93.69% YoY from $4.4 billion in Q1 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 $279.8 million in Q1 2026.

  • Quarterly Operating Expenses fell 93.69% year-over-year to $279.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.4 billion (down 72.01% YoY) and the FY2025 annual result came in at $18.7 billion, down 4.28% from the prior year.
  • Operating Expenses fell to $279.8 million in Q1 2026 per MUSA's latest filing, from $4.5 billion in the prior quarter.
  • The five-year high for Operating Expenses was $5.4 billion in Q2 2023, with the low at $238.3 million in Q1 2023.
  • Average Operating Expenses over 5 years is $2.4 billion, with a median of $285.9 million recorded in 2025.
  • The widest YoY moves for Operating Expenses: up 2035.92% in 2023, down 95.13% in 2023.
  • Murphy USA's Operating Expenses stood at $247.1 million in 2022, then gained by 2.87% to $254.2 million in 2023, then soared by 1673.52% to $4.5 billion in 2024, then advanced by 0.51% to $4.5 billion in 2025, then slumped by 93.83% to $279.8 million in 2026.
  • Business Quant data shows MUSA's Operating Expenses at $279.8 million in Q1 2026, $4.5 billion in Q4 2025, and $285.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 730.02 Mn
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 627.08 Mn
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 941.15 Mn
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 1.73 Bn
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 279.80 Mn
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 337.11 Mn
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 7.87 Mn
10 Academy Sports & Outdoors 3.04 Bn 2.71 Bn 479.35 Mn 404.69 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 279.80 Mn
Dec 31, 2025 4.53 Bn
Sep 30, 2025 285.90 Mn
Jun 30, 2025 275.20 Mn
Mar 31, 2025 4.44 Bn
Dec 31, 2024 4.51 Bn
Sep 30, 2024 5.02 Bn
Jun 30, 2024 5.23 Bn
Mar 31, 2024 4.74 Bn
Dec 31, 2023 254.20 Mn
Sep 30, 2023 265.60 Mn
Jun 30, 2023 5.39 Bn
Mar 31, 2023 238.30 Mn
Dec 31, 2022 247.10 Mn
Sep 30, 2022 254.50 Mn
Jun 30, 2022 252.20 Mn
Mar 31, 2022 4.90 Bn
Dec 31, 2021 4.61 Bn
Sep 30, 2021 4.44 Bn
Jun 30, 2021 4.27 Bn