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