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
DateValue
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%