KPIs & Operating Metrics(New)
Growth Metrics

Murphy USA (MUSA) Operating Margin (2016 - 2025)

Murphy USA (MUSA) has disclosed Operating Margin for 14 consecutive years, with 4.42% as the latest value for Q4 2025.

  • Quarterly Operating Margin rose 19.0% to 4.42% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 3.71% through Dec 2025, up 4.0% year-over-year, with the annual reading at 3.71% for FY2025, 4.0% up from the prior year.
  • Operating Margin hit 4.42% in Q4 2025 for Murphy USA, up from 3.95% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 5.03% in Q3 2022 to a low of 1.94% in Q1 2025.
  • Historically, Operating Margin has averaged 3.74% across 5 years, with a median of 3.97% in 2024.
  • Biggest five-year swings in Operating Margin: tumbled -563bps in 2021 and later surged 164bps in 2022.
  • Year by year, Operating Margin stood at 3.38% in 2021, then dropped by -4bps to 3.23% in 2022, then surged by 33bps to 4.28% in 2023, then fell by -1bps to 4.22% in 2024, then grew by 5bps to 4.42% in 2025.
  • Business Quant data shows Operating Margin for MUSA at 4.42% in Q4 2025, 3.95% in Q3 2025, and 4.38% in Q2 2025.