ES
MARKETS / NYSE / MUSA
NYSE · RETAIL-AUTO DEALERS & GASOLINE STATIONS · LARGE CAP

Murphy USA Inc. MUSA

15 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY5 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$19.4B
▼ 4.2% vs FY2024
Dividend streak
5 yrs
Raised every year since 2021
EPS · FY25
$24.10
Dividend / sh · FY25
$2.15
Payout · FY25
9%
ROE · FY25
64.3%
Net margin · FY25
2.8%
Dividend coverage
11.2×
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Result
USD 19.4B
Revenue, FY2025 · full 15-year series below
Revenue Net income
8162419.40.5201120142017202020232025
8162419.40.52016201920222025

3 cents of every revenue dollar became profit this year.

Per share
USD 24.10
Diluted EPS, FY2025
EPS Dividend
1020302.1524.10201120142017202020232025
1020302.1524.102016201920222025

Earnings covered the dividend 11.2 times — the rest stayed in the company.

Profitability
64.3%
Return on equity, FY2025
ROE
25507510064.3%201120142017202020232025
25507510064.3%2016201920222025
Operating margin4.2%
Net margin2.8%
Return on assets10.2%

Each USD of equity produced 64 cents of profit this year.

Returned to shareholders
USD 691.4M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 41.5M
Net buybacksUSD 649.9M
Share of profit146.9%
Consecutive raises5 years

USD 41.5M in dividends and USD 649.9M in buybacks — 147% of the year's profit, so the payout drew on cash built up earlier.

Growth
+11.5% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−6.1%
+11.5%
+4.3%
Net income
−11.2%
+4.0%
+10.3%
EPS, diluted
−5.0%
+13.0%
+19.6%
Dividend / share
+19.2%
+53.8%
Returned to shareholders
−6.1%
+11.2%
+10.8%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
—
Shares outstanding, FY2025
0.050.05201120142017202020232025
Change, 5 years—
Change, 10 years—

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 4.7B
total assets, end of FY2025
Total assetsUSD 4.7B
EquityUSD 623.5M
CashUSD 28.9M
Gross debtUSD 2.2B
Net debtUSD 2.1B
Current ratio0.80×

Net debt stands at 342% of equity.

History
15 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
Revenue $B
19.4
20.2
21.5
23.4
17.4
11.3
14.0
14.4
12.8
11.6
12.7
17.0
17.8
19.3
18.9
Operating income $B
0.7
0.7
0.8
1.0
0.6
0.6
0.3
0.3
0.3
0.4
0.3
0.4
0.3
0.2
0.3
EBITDA $B
1.0
1.0
1.1
1.2
0.8
0.7
0.4
0.5
0.4
0.5
0.3
·
·
·
·
Income tax $B
0.1
0.1
0.2
0.2
0.1
0.1
0.0
0.1
−0.0
0.1
0.1
0.1
0.1
0.1
0.1
Net income $B
0.5
0.5
0.6
0.7
0.4
0.4
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.1
0.3
EPS, diluted $
24.10
24.11
25.49
28.10
14.92
13.08
4.86
6.48
6.78
5.59
4.02
5.26
5.02
1.79
6.93
Dividend / sh $
2.15
1.79
1.55
1.27
1.04
0.25
·
·
·
·
·
·
·
·
·
Payout %
9
7
6
4
7
2
0
0
·
·
·
·
·
·
·
ROE %
64.3
60.2
75.8
92.9
49.9
48.7
19.2
27.6
34.2
31.8
·
·
·
·
·
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
0.05
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
43 of 43
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed