Murphy USA MUSA Revenue Breakdown

NYSE MUSA
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As of: Sep 21, 2026 · 3:59 PM EDT
Annual revenue breakdowns for Murphy USA, fiscal 2016 to 2025, as reported in its filings.
Annual history

Murphy USA Revenue by Product & Service

Years FY 2016–2025
Lines 6
FY 2025 Total $19.60B

Petroleum Product Sales (At Retail) was Murphy USA’s largest product and service line in fiscal 2025, bringing in $13.40B of $19.60B (68%).

Murphy USA revenue by product and service, fiscal 2016 to 2025
Product and Service FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Petroleum Product Sales (At Retail) $17.20B $15.28B $14.42B $13.40B
Merchandise Sales $3.90B $4.09B $4.21B $4.30B
Petroleum Product Sales (At Wholesale) $2.03B $1.82B $1.47B $1.47B
Other Operating Revenues $312.80M $335.70M $137.70M $217.40M
Renewable Identification Numbers (Rins) Sales $305.80M $328.60M $129.60M $211.70M
Other Revenues $6.30M $6.60M $7.50M $5.20M
Total $23.76B $21.86B $20.38B $19.60B
Totals include 3 discontinued lines from earlier reporting.

Murphy USA revenue by product and service: what the figures show

Murphy USA brought in $19.60B from its six product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 3.8% from $20.38B in fiscal 2024. Petroleum Product Sales (At Retail) was the largest at $13.40B (68.4%), ahead of Merchandise Sales at $4.30B (22.0%) and Petroleum Product Sales (At Wholesale) at $1.47B (7.5%). The other three lines brought in $434.30M combined.

Compared with fiscal 2024, Merchandise Sales grew fastest, up 2.1% to $4.30B, while Petroleum Product Sales (At Retail) fell the most, down 7.1% to $13.40B. From fiscal 2022 to 2025, combined revenue from these lines fell from $23.76B to $19.60B, a compound annual decline of 6.2%. Petroleum Product Sales (At Retail)'s share of the total fell from 72.4% to 68.4%.

Questions

Murphy USA Revenue Breakdown FAQ

How does Murphy USA make money?

Murphy USA (MUSA) reports its revenue by product and service. In fiscal 2025, Petroleum Product Sales (At Retail) was its largest product and service line, bringing in $13.40B (68.4% of the total), followed by Merchandise Sales at $4.30B (22.0%).

What is Murphy USA's largest product and service line?

Petroleum Product Sales (At Retail) was Murphy USA's largest product and service line in fiscal 2025, bringing in $13.40B, or 68.4% of the $19.60B total across its six product and service lines.

Which Murphy USA product and service line is growing the fastest?

Among Murphy USA's product and service lines that make up at least 2% of revenue, Merchandise Sales grew fastest in fiscal 2025, up 2.1% from $4.21B to $4.30B.

Where does this revenue breakdown data come from?

Every figure comes from Murphy USA's annual financial filings, as reported. Each line keeps the name Murphy USA gives it, and years follow its fiscal calendar.

How far back does Murphy USA's revenue breakdown go?

Murphy USA's revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.