Murphy USA (MUSA) Tax Rate (2012 - 2026)
Murphy USA's (MUSA) quarterly Tax Rate came in at 24.68% in Q2 2026, up 31.0% year-over-year from 18.84% in Q2 2025, and up 8.97% quarter-over-quarter from 22.64% in Q1 2026.
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Analysis
Murphy USA (MUSA) Tax Rate (2012 - 2026) Analysis & Trends
Murphy USA has disclosed Tax Rate across 15 years of filings, most recently posting 24.68% for Q2 2026.
- In Q2 2026, Tax Rate rose 31.0% year-over-year to 24.68%; the TTM figure through Jun 2026 stood at 23.67% (up 142.0% YoY), while the FY2025 annual figure was 22.75%, down 13.0% from the prior year.
- Tax Rate came in at 24.68% for Q2 2026 at Murphy USA, up from 22.64% 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.
- Average Tax Rate over 5 years is 22.95%, with a median of 23.99% recorded in 2022.
- Year-over-year, Tax Rate slumped 536 bps in 2025 and soared 859 bps in 2026.
- Over 5 years, 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 gained by 13 bps to 24.68% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 24.68% in Q2 2026, 22.64% in Q1 2026, and 21.78% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 22.08 Bn | 21.56 Bn | 1.24 Bn | 21.12% |
| 2 | Murphy USA | 9.67 Bn | 9.49 Bn | 746.50 Mn | 24.68% |
| 3 | Arko | 473.42 Mn | 281.56 Mn | - | 42.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.68% |
| Mar 31, 2026 | 22.64% |
| Dec 31, 2025 | 21.78% |
| Sep 30, 2025 | 25.09% |
| Jun 30, 2025 | 24.36% |
| Mar 31, 2025 | 14.05% |
| Dec 31, 2024 | 19.85% |
| Sep 30, 2024 | 24.91% |
| Jun 30, 2024 | 25.05% |
| Mar 31, 2024 | 19.41% |
| Dec 31, 2023 | 23.59% |
| Sep 30, 2023 | 24.93% |
| Jun 30, 2023 | 24.42% |
| Mar 31, 2023 | 23.53% |
| Dec 31, 2022 | 22.26% |
| Sep 30, 2022 | 24.49% |
| Jun 30, 2022 | 24.04% |
| Mar 31, 2022 | 23.95% |
| Dec 31, 2021 | 22.78% |
| Sep 30, 2021 | 24.47% |
API Access
Murphy USA Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MUSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MUSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MUSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();