KPIs & Operating Metrics(New)
Growth Metrics

Murphy USA (MUSA) Operating Expenses (2016 - 2026)

Murphy USA's Operating Expenses history spans 14 years, with the latest figure at $281.3 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 5.55% to $281.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $5.7 billion, a 44.32% decrease, with the full-year FY2025 number at $1.1 billion, up 4.12% from a year prior.
  • Operating Expenses hit $281.3 million in Q4 2025 for Murphy USA, down from $4.9 billion in the prior quarter.
  • Over the last five years, Operating Expenses for MUSA hit a ceiling of $5.4 billion in Q2 2023 and a floor of -$16.3 billion in Q4 2022.
  • Historically, Operating Expenses has averaged $1.9 billion across 5 years, with a median of $3.9 billion in 2021.
  • Biggest five-year swings in Operating Expenses: tumbled 454.02% in 2022 and later surged 2035.92% in 2023.
  • Tracing MUSA's Operating Expenses over 5 years: stood at $4.6 billion in 2021, then tumbled by 454.02% to -$16.3 billion in 2022, then surged by 129.74% to $4.9 billion in 2023, then crashed by 94.51% to $266.5 million in 2024, then grew by 5.55% to $281.3 million in 2025.
  • Business Quant data shows Operating Expenses for MUSA at $281.3 million in Q4 2025, $4.9 billion in Q3 2025, and $275.2 million in Q2 2025.