Fundamental analysis · SEC EDGAR · TTM through 30/06/2026

Fundamental analysis of Murphy USA Inc.

MUSA · NYSE · Consumer

Fundamental quality

REASONABLE

68

out of 100

Murphy USA Inc. earns a fundamental-quality score of 68 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its growth (revenue +12.5%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Murphy USA is the gas station next to Walmart: thousands of small, cheap stations, many in the retail giant's parking lots, selling unbeatable fuel plus tobacco and drinks inside. High volume, minimal costs and relentless share buybacks.

What will shape its future

  • The margin per gallon: volatile pennies that, multiplied by billions, decide the year.
  • The convenience store, the stable margin complementing the pump.
  • Its massive, constant buybacks, the compressor of its per-share profit.

Breakdown by area

I.Growth
73

EPS growth: 18.1% · Revenue growth: 12.5%

II.Profitability
66

Net margin: 2.9% · ROE: 78.9% · ROIC: 25.2%

III.Financial health
61

Net debt/EBITDA: 1.66x · FCF: 2.5%

Source: SEC EDGAR · TTM through 30/06/2026

The score includes +1 for dividend strength: 5 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength, and here its pillars hold up evenly.

Versus its sector

Percentile against the other 98 Consumer companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 36%
ROEbeats 98%
Growthbeats 68%
Cash generationbeats 27%
Less debtbeats 52%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Murphy USA Inc. strengths

  • Solid return on capital: its ROE (78.9%) is inflated by buybacks, but ROIC —which strips that out— is 25.2%.
  • Growing earnings per share (18.1% annualized).
  • Revenue growing (12.5% annualized).
  • Positive free cash flow year after year, a self-funding business.

Murphy USA Inc. risks and weaknesses

  • Its net debt has grown over the period.
  • Thin margins (net margin of 2.9%), little cushion for setbacks.

Murphy USA Inc. historical evolution

YearRevenueNet incomeFree cash flowNet debt
202011,264386333839
202117,3613974631,559
202223,4466736891,746
202321,5295574481,682
202420,2445033901,801
202519,3844713742,154

Between 2020 and 2025, revenue went from $11,264M to $19,384M (+72%) and net income went from $386M to $471M (+22%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):

  • Revenue+22%
  • Net income+73.7%

What changed with the June 30, 2026 results

Compared with the previous close (March 31, 2026), this is what moved in its accounts:

  • Quality score6668
  • ROE84.1%78.9%
  • Revenue growth11.2%12.5%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$2.15

per share, yearly

8.8% of earnings

Payout

at least 5 straight years raising it

Growth

That is what we can verify in the SEC filings, whose structured data only starts in 2008 and which many companies begin tagging later. The real streak may be considerably longer.

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

Advertising

Want to invest in Murphy USA Inc.?

Open your account in minutes with regulated brokers and buy U.S. and European stocks from small amounts. No paperwork.

Interactive BrokersGlobal markets

The serious investor's standard

Open free account →
WebullCommission-free

Popular in the U.S.

Open free account →

Investing carries risk of loss.

Is Murphy USA Inc. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Murphy USA Inc. a good company to invest in?

In terms of business quality, Murphy USA Inc. scores 68 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Murphy USA Inc. a profitable company?

Murphy USA Inc. is profitable, with a net margin of 2.9%, though a thin one.

Does Murphy USA Inc. have a lot of debt?

A moderate level: its net debt is 1.66 times its EBITDA.

Is Murphy USA Inc. growing?

Its revenue has grown 12.5% annualized in recent years and its earnings per share 18.1%.

Does Murphy USA Inc. generate cash?

Yes. It converts about 2.5% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Was this page helpful?