Murphy USA (MUSA) Tax Rate (2012 - 2026)
Murphy USA (MUSA) reported Tax Rate of 22.64% for Q1 2026, up 859.0% on a YoY basis from 2.36% in Q1 2025, and up 3.99% sequentially from 21.78% in Q4 2025.
Murphy USA (MUSA) Tax Rate (2012 - 2026) Analysis & Trends
Murphy USA (MUSA) has 15 years of Tax Rate data on file, last reported at 22.64% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 859.0% year-over-year to 22.64%; the trailing twelve-month figure through Mar 2026 stood at 23.47% (up 100.0% YoY), and the FY2025 full-year result was 22.75%, down 13.0% from the prior year.
- Tax Rate climbed to 22.64% in Q1 2026, from 21.78% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 25.09% in Q3 2025 to a low of 14.05% in Q1 2025.
- A 5-year average of 22.84% and a median of 23.95% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 536 bps in 2025 and surged 859 bps in 2026, its largest moves.
- Tracing MUSA's Tax Rate over 5 years: stood at 22.26% in 2022, then advanced by 6 bps to 23.59% in 2023, then declined by 16 bps to 19.85% in 2024, then increased by 10 bps to 21.78% in 2025, then advanced by 4 bps to 22.64% in 2026.
- Business Quant data shows MUSA's Tax Rate at 22.64% in Q1 2026, 21.78% in Q4 2025, and 25.09% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 23.67% |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 24.31% |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 24.80% |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 26.98% |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 28.71% |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | -384.43% |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 23.24% |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 24.82% |
| 10 | Murphy USA | 11.42 Bn | 11.30 Bn | -3.64 Bn | 22.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.64% |
| Mar 31, 2026 | 22.64% |
| Mar 31, 2026 | 22.64% |
| Dec 31, 2025 | 21.78% |
| Dec 31, 2025 | 21.78% |
| Dec 31, 2025 | 21.78% |
| Sep 30, 2025 | 25.09% |
| Sep 30, 2025 | 25.09% |
| Sep 30, 2025 | 25.09% |
| Jun 30, 2025 | 24.36% |
| Jun 30, 2025 | 24.36% |
| Jun 30, 2025 | 24.36% |
| Mar 31, 2025 | 14.05% |
| Mar 31, 2025 | 14.05% |
| Mar 31, 2025 | 14.05% |
| Dec 31, 2024 | 19.85% |
| Dec 31, 2024 | 19.85% |
| Dec 31, 2024 | 19.85% |
| Sep 30, 2024 | 24.91% |
| Sep 30, 2024 | 24.91% |