Murphy USA (MUSA) Operating Margin (2012 - 2026)
Murphy USA (MUSA) posted Operating Margin of 36.32% for Q1 2026, up 2221.98% sequentially from 1.71% in Q4 2025, and up 2037.0% YoY from 1.7% in Q1 2025.
Murphy USA (MUSA) Operating Margin (2012 - 2026) Analysis & Trends
Murphy USA has reported Operating Margin for 15 years, with the latest figure at 36.32% in Q1 2026.
- Quarterly Operating Margin rose 2037.0% year-over-year to 36.32% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 53.56% (down 5647.0% YoY) and the FY2025 annual result came in at 29.94%, up 2627.0% from the prior year.
- Operating Margin climbed to 36.32% in Q1 2026 per MUSA's latest filing, from 1.71% in the prior quarter.
- Over five years, Operating Margin peaked at 54.75% in Q3 2022 and troughed at 1.71% in Q4 2025.
- A 5-year average of 21.43% and a median of 15.95% in 2025 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2023: Operating Margin surged 5131 bps in 2022, then plunged 4373 bps in 2023.
- Over 5 years, Operating Margin stood at 3.23% in 2022, then jumped by 1060 bps to 37.51% in 2023, then sank by 97 bps to 1.08% in 2024, then tumbled by 259 bps to 1.71% in 2025, then surged by 2222 bps to 36.32% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 36.32%, 1.71%, and 3.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 7.66% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 20.27% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 14.17% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 10.29% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 4.14% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 8.73% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 12.00% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 4.48% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 21.99% |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn | 14.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.48% |
| Mar 31, 2026 | 36.32% |
| Dec 31, 2025 | -1.71% |
| Sep 30, 2025 | 3.95% |
| Jun 30, 2025 | 4.38% |
| Mar 31, 2025 | 15.95% |
| Dec 31, 2024 | 1.08% |
| Sep 30, 2024 | 4.23% |
| Jun 30, 2024 | 36.33% |
| Mar 31, 2024 | 2.17% |
| Dec 31, 2023 | 37.51% |
| Sep 30, 2023 | 42.48% |
| Jun 30, 2023 | 3.56% |
| Mar 31, 2023 | 29.88% |
| Dec 31, 2022 | 3.23% |
| Sep 30, 2022 | 54.75% |
| Jun 30, 2022 | 47.29% |
| Mar 31, 2022 | 42.93% |
| Dec 31, 2021 | 1.02% |
| Sep 30, 2021 | 3.44% |