Murphy USA (MUSA) Tax Rate (2012 - 2026)
Murphy USA's (MUSA) quarterly Tax Rate came in at 22.64% in Q1 2026, up 859.0% year-on-year from 2.36% in Q1 2025, and up 3.99% quarter-over-quarter from 21.78% in Q4 2025.
Murphy USA (MUSA) Tax Rate (2012 - 2026) Analysis & Trends
Murphy USA has disclosed Tax Rate across 15 years of filings, most recently posting 22.64% for Q1 2026.
- Tax Rate for Q1 2026 came in at 22.64%, up 859.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.47% (up 100.0% YoY), and the FY2025 annual result was 22.75%, down 13.0% from the prior year.
- Tax Rate came in at 22.64% for Q1 2026 at Murphy USA, up 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.
- The 5-year median for Tax Rate is 23.95% (2022), against an average of 22.84%.
- Across the five-year window, Tax Rate tumbled 536 bps in 2025 and surged 859 bps in 2026, its largest moves.
- Murphy USA's Tax Rate stood at 22.26% in 2022, then rose by 6 bps to 23.59% in 2023, then declined by 16 bps to 19.85% in 2024, then rose by 10 bps to 21.78% in 2025, then climbed by 4 bps to 22.64% in 2026.
- The last three Tax Rate figures came in at 22.64% (Q1 2026), 21.78% (Q4 2025), and 25.09% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 28.23 Bn | 27.77 Bn | 1.01 Bn | 24.13% |
| 2 | Williams Sonoma | 25.94 Bn | 24.92 Bn | 1.10 Bn | 24.31% |
| 3 | Ulta Beauty | 21.42 Bn | 20.93 Bn | 1.48 Bn | 24.45% |
| 4 | Dick'S Sporting Goods | 18.30 Bn | 16.95 Bn | 1.77 Bn | 28.71% |
| 5 | Best Buy | 15.81 Bn | 14.06 Bn | 2.10 Bn | 26.98% |
| 6 | Tractor Supply | 15.78 Bn | 15.56 Bn | 1.30 Bn | 23.24% |
| 7 | NaaS Technology | 14.29 Bn | 14.27 Bn | - | - |
| 8 | Five Below | 10.51 Bn | 9.58 Bn | 696.98 Mn | 24.82% |
| 9 | Murphy USA | 10.28 Bn | 10.16 Bn | 3.98 Bn | 22.64% |
| 10 | GameStop | 9.98 Bn | 965.44 Mn | 386.80 Mn | -66.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.64% |
| Mar 31, 2026 | 22.64% |
| Dec 31, 2025 | 21.78% |
| Dec 31, 2025 | 21.78% |
| Sep 30, 2025 | 25.09% |
| Sep 30, 2025 | 25.09% |
| Jun 30, 2025 | 24.36% |
| Jun 30, 2025 | 24.36% |
| Mar 31, 2025 | 14.05% |
| Mar 31, 2025 | 14.05% |
| Dec 31, 2024 | 19.85% |
| Dec 31, 2024 | 19.85% |
| Sep 30, 2024 | 24.91% |
| Sep 30, 2024 | 24.91% |
| Jun 30, 2024 | 25.05% |
| Jun 30, 2024 | 25.05% |
| Mar 31, 2024 | 19.41% |
| Mar 31, 2024 | 19.41% |
| Dec 31, 2023 | 23.59% |
| Dec 31, 2023 | 23.59% |