Murphy USA (MUSA) Operating Margin (2012 - 2026)
Murphy USA (MUSA) posted Operating Margin of 4.26% for Q1 2026, down 3.59% sequentially from 4.42% in Q4 2025, and up 231.0% YoY from 1.29% in Q1 2025.
Murphy USA (MUSA) Operating Margin (2012 - 2026) Analysis & Trends
Murphy USA (MUSA) has 15 years of Operating Margin data on file, last reported at 4.26% in Q1 2026.
- Quarterly Operating Margin rose 231.0% year-over-year to 4.26% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.25% (up 60.0% YoY) and the FY2025 annual result came in at 3.71%, up 4.0% from the prior year.
- Operating Margin retreated to 4.26% in Q1 2026 per MUSA's latest filing, from 4.42% in the prior quarter.
- The five-year high for Operating Margin was 5.03% in Q3 2022, with the low at 1.94% in Q1 2025.
- Average Operating Margin over 5 years is 3.84%, with a median of 4.22% recorded in 2024.
- Year-over-year, Operating Margin plunged 111 bps in 2023 and soared 231 bps in 2026.
- Murphy USA's Operating Margin stood at 3.23% in 2022, then soared by 33 bps to 4.28% in 2023, then retreated by 1 bps to 4.22% in 2024, then increased by 5 bps to 4.42% in 2025, then declined by 4 bps to 4.26% in 2026.
- Business Quant data shows MUSA's Operating Margin at 4.26% in Q1 2026, 4.42% in Q4 2025, and 3.95% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 7.66% |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 20.27% |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 2.96% |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 6.50% |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 4.14% |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 4.26% |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 17.99% |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 59.29% |
| 10 | Academy Sports & Outdoors | 3.04 Bn | 2.71 Bn | 479.35 Mn | 5.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.26% |
| Dec 31, 2025 | 4.42% |
| Sep 30, 2025 | 3.95% |
| Jun 30, 2025 | 4.38% |
| Mar 31, 2025 | 1.94% |
| Dec 31, 2024 | 4.22% |
| Sep 30, 2024 | 4.23% |
| Jun 30, 2024 | 3.98% |
| Mar 31, 2024 | 2.17% |
| Dec 31, 2023 | 4.28% |
| Sep 30, 2023 | 4.27% |
| Jun 30, 2023 | 3.56% |
| Mar 31, 2023 | 3.21% |
| Dec 31, 2022 | 3.23% |
| Sep 30, 2022 | 5.03% |
| Jun 30, 2022 | 3.88% |
| Mar 31, 2022 | 4.31% |
| Dec 31, 2021 | 3.38% |
| Sep 30, 2021 | 3.44% |
| Jun 30, 2021 | 4.27% |