MUSA vs PAG
Murphy USA Inc. and Penske Automotive Group, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | MUSA | PAG |
|---|---|---|
| Revenue | $19.4B | $31.8B |
| Net income | $470.6M | $935.4M |
| Gross margin | · | 16.4% |
| Net margin | 2.8% | 2.9% |
| Return on equity | 64.3% | 17.1% |
| Diluted EPS | $24.10 | $14.13 |
| Dividend / share | $2.15 | $5.18 |
| Payout ratio | 8.8% | 36.8% |
| Free cash flow | $374.3M | $650.5M |
| Equity | $623.5M | $5.6B |
| Net debt / equity | 3.42× | 0.38× |
| Current ratio | 0.80× | 0.99× |
| Revenue CAGR 5y | 11.5% | 9.2% |
| Profit CAGR 5y | 4.0% | 11.5% |
PAG bills 1.6× the revenue of MUSA, and keeps more of each dollar of revenue as profit (2.9% against 2.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | MUSA | PAG |
|---|---|---|
| FY2025 | $19.4B | $31.8B |
| FY2024 | $20.2B | $31.9B |
| FY2023 | $21.5B | $30.9B |
| FY2022 | $23.4B | $27.8B |
| FY2021 | $17.4B | $25.6B |
| FY2020 | $11.3B | $20.4B |
| FY2019 | $14.0B | $23.2B |
| FY2018 | $14.4B | $22.8B |
| FY2017 | $12.8B | $21.4B |
| FY2016 | $11.6B | $20.1B |
Bottom line
| Fiscal year | MUSA | PAG |
|---|---|---|
| FY2025 | $470.6M | $935.4M |
| FY2024 | $502.5M | $968.9M |
| FY2023 | $556.8M | $1.1B |
| FY2022 | $672.9M | $1.4B |
| FY2021 | $396.9M | $1.2B |
| FY2020 | $386.1M | $543.6M |
| FY2019 | $154.8M | $435.8M |
| FY2018 | $213.6M | $471.0M |
| FY2017 | $245.3M | $613.3M |
| FY2016 | $221.5M | $342.9M |
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$12,424,500,000 | PAG |
| FY2024 | −$11,620,500,000 | PAG |
| FY2023 | −$9,387,100,000 | PAG |
| FY2022 | −$4,368,700,000 | PAG |
| FY2021 | −$8,194,200,000 | PAG |
| FY2020 | −$9,179,600,000 | PAG |
| FY2019 | −$9,144,800,000 | PAG |
| FY2018 | −$8,422,200,000 | PAG |
| FY2017 | −$8,560,300,000 | PAG |
| FY2016 | −$8,523,900,000 | PAG |
| FY2015 | −$6,585,489,000 | PAG |
| FY2014 | −$245,986,000 | PAG |
| FY2013 | +$3,331,581,000 | MUSA |
| FY2012 | +$6,398,708,000 | MUSA |
| FY2011 | +$7,879,816,000 | MUSA |
The higher-revenue side has changed between MUSA and PAG over this period. The gap has widened since the earliest year compared.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −0.2 pp | PAG |
| FY2024 | −0.2 pp | PAG |
| FY2023 | −0.7 pp | PAG |
| FY2022 | −1.8 pp | PAG |
| FY2021 | −2.1 pp | PAG |
| FY2020 | +1.4 pp | MUSA |
| FY2019 | −0.6 pp | PAG |
| FY2018 | −0.4 pp | PAG |
| FY2017 | −0.6 pp | PAG |
| FY2016 | +0.6 pp | MUSA |
| FY2015 | −0.1 pp | PAG |
The higher net margin has changed hands between MUSA and PAG over this period.
11 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PAG's net margin has been more volatile than MUSA's over the 11 comparable fiscal years — 1.1 percentage points of standard deviation against 0.7.
11 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between MUSA and PAG over these 11 fiscal years — MUSA led in 2 and PAG in 9.
11 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MUSA's return on equity has been more volatile than PAG's over the 15 comparable fiscal years — 22.7 percentage points of standard deviation against 5.9.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between MUSA and PAG over these 15 fiscal years — MUSA led in 14 and PAG in 1.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.