MUSA - Murphy USA Inc.
Price:
--
--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$504.25
DETAILS
HIGH:
$600.00
LOW:
$450.00
MEDIAN:
$483.50
CONSENSUS:
$504.25
DOWNSIDE:
7.09%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||
| Revenue | 19,384 | 20,244.3 | 21,529.4 | 23,446.1 | 17,360.5 | 11,264.3 | 14,034.6 | 14,362.9 | 12,826.6 | 11,594.6 | 12,699.4 | 16,986.0 | 18,083.3 | 19,301.3 | 18,919.2 | 15,592.1 |
| Cost of Revenue | 18,413.3 | 17,937.5 | 19,215.6 | 21,046.2 | 15,511.6 | 9,821.4 | 12,908.1 | 13,273.6 | 11,764.6 | 10,578.4 | 11,740.9 | 15,934.3 | 17,116.5 | 18,423.1 | 17,987.7 | 14,771.2 |
| Gross Profit | 970.7 | 2,306.8 | 2,313.8 | 2,399.9 | 1,848.9 | 1,442.9 | 1,126.5 | 1,089.3 | 1,062.0 | 1,016.1 | 958.5 | 1,051.7 | 966.9 | 878.2 | 931.5 | 821.0 |
| Operating Expenses | ||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 231.5 | 235.4 | 240.5 | 232.5 | 193.6 | 171.1 | 144.6 | 136.2 | 141.2 | 122.7 | 129.3 | 119.3 | 133.0 | 116.6 | 93.1 | 87.9 |
| Other Expenses | 0 | 1,328.5 | 1,247.3 | 1,199.6 | 1,051.3 | 712.8 | 713.6 | 677.3 | 633.6 | 593.6 | 574.5 | 567.0 | 568.9 | 552.8 | 527.2 | 501.8 |
| Operating Expenses | 231.5 | 1,563.9 | 1,487.8 | 1,432.1 | 1,244.9 | 883.9 | 858.2 | 813.5 | 774.8 | 716.2 | 703.7 | 686.3 | 701.9 | 666.0 | 620.3 | 589.7 |
| Operating Income | ||||||||||||||||
| Operating Income | 739.2 | 742.9 | 826 | 968.4 | 604 | 559 | 268.5 | 325.1 | 283.3 | 299.9 | 254.8 | 365.4 | 264.9 | 151.2 | 311.2 | 231.2 |
| Interest Expense | 110.9 | 97.1 | 98.5 | 86.2 | 82.4 | 51.2 | 54.9 | 52.9 | 46.7 | 39.7 | 33.5 | 36.6 | 14.5 | 0.4 | 0.4 | 3.8 |
| Interest Income | 0.2 | 0 | 0 | 3 | 0 | 1 | 3.2 | 1.5 | 1.3 | 0.6 | 2.2 | 0.2 | 1.1 | 0.2 | 0.0 | 0.1 |
| Profitability | ||||||||||||||||
| EBITDA | 1,019.4 | 996.7 | 1,065.2 | 1,193.1 | 820.3 | 722.7 | 411.6 | 462.8 | 405.4 | 492.0 | 339.9 | 445.7 | 347.4 | 223.8 | 376.1 | 292.3 |
| EBIT | 739.2 | 748.7 | 832.9 | 969.1 | 604.3 | 559.4 | 257.3 | 326.8 | 286.7 | 391.7 | 251.8 | 376.0 | 268.7 | 146.2 | 311.2 | 231.6 |
| Income Before Tax | 609.2 | 651.6 | 734.4 | 883.8 | 521.9 | 509.1 | 202.4 | 273.9 | 240.0 | 352.0 | 218.3 | 339.3 | 257.7 | 150.1 | 310.8 | 227.8 |
| Income Tax Expense | 138.6 | 149.1 | 177.6 | 210.9 | 125 | 123 | 47.6 | 60.3 | (5.2) | 130.5 | 80.7 | 116.4 | 101.4 | 62.2 | 123.0 | 85.0 |
| Net Income | 470.6 | 502.5 | 556.8 | 672.9 | 396.9 | 386.1 | 154.8 | 213.6 | 245.3 | 221.5 | 176.3 | 243.9 | 235.0 | 83.6 | 324.0 | 157.4 |
| Per Share Data | ||||||||||||||||
| EPS (Basic) | 24.38 | 24.47 | 25.91 | 28.63 | 15.14 | 13.25 | 4.90 | 6.54 | 6.85 | 5.64 | 4.06 | 5.29 | 5.03 | 1.79 | 6.93 | 3.37 |
| 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 | 1.78 | 6.93 | 3.35 |
| Shares Outstanding | 19.3 | 20.5 | 21.5 | 23.5 | 26.2 | 29.1 | 31.6 | 32.7 | 35.8 | 39.3 | 43.4 | 46.1 | 46.7 | 46.7 | 46.7 | 46.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 28.9 | 47 | 117.8 | 60.5 | 256.4 | 163.6 | 280.3 | 184.5 | 170.0 | 153.8 |
| Short-Term Investments | 0 | 0 | 7.1 | 17.9 | 0 | 0 | 0 | 0 | (0.0) | 0 |
| Net Receivables | 276.2 | 268.5 | 336.7 | 281.7 | 195.7 | 168.8 | 172.9 | 138.8 | 225.3 | 183.5 |
| Inventory | 413 | 401.6 | 341.2 | 319.1 | 292.3 | 279.1 | 227.6 | 221.5 | 182.5 | 153.4 |
| Other Current Assets | 29.7 | 31 | 23.7 | 47.6 | 23.4 | 13.7 | 1 | 1 | 2.7 | 1.8 |
| Total Current Assets | 747.8 | 748.1 | 826.5 | 726.8 | 767.8 | 625.2 | 710.8 | 570.1 | 614.3 | 515.6 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 3,489.1 | 3,306.1 | 3,023.9 | 2,908.9 | 2,797.6 | 2,015.3 | 1,931.5 | 1,748.2 | 1,678.3 | 1,532.7 |
| Goodwill | 328 | 328 | 328 | 328 | 328 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 139.3 | 139.5 | 139.8 | 140.4 | 140.7 | 34.6 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 4.4 | 4.4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 21.6 | 19.9 | 17.5 | 14.7 | 14.1 | 10.6 | 44.9 | 42.5 | 38.5 | 40.5 |
| Total Non-Current Assets | 3,978 | 3,793.5 | 3,513.6 | 3,396.4 | 3,280.4 | 2,060.5 | 1,976.4 | 1,790.7 | 1,716.8 | 1,573.2 |
| Total Assets | 4,725.8 | 4,541.6 | 4,340.1 | 4,123.2 | 4,048.2 | 2,685.7 | 2,687.2 | 2,360.8 | 2,331.0 | 2,088.7 |
| Current Liabilities | ||||||||||
| Account Payables | 865.2 | 518 | 505.4 | 547.6 | 392.5 | 261 | 280.8 | 274.9 | 339.6 | 310.0 |
| Short-Term Debt | 19 | 15.7 | 15 | 15 | 15 | 51.2 | 37.6 | 21.2 | 19.9 | 40.6 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 39.9 | 50.1 | 34.9 | 32 | 32.5 | 15.9 | 116.3 | 114.7 | 0 |
| Total Current Liabilities | 929.1 | 947.9 | 872.8 | 854.2 | 675.3 | 531.1 | 505 | 478.1 | 533.3 | 514.6 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 2,698.2 | 1,832.7 | 1,784.7 | 1,791.9 | 1,800.1 | 951.2 | 998.1 | 842.1 | 860.9 | 629.6 |
| Deferred Tax Liabilities | 388.5 | 343.4 | 329.5 | 327.4 | 295.9 | 0 | 0 | 192.2 | 0 | 204.7 |
| Other Non-Current Liabilities | (448.1) | 81.2 | 73.9 | 64.8 | 60.8 | 275.9 | 261.4 | 41.1 | 198.4 | 42.8 |
| Total Non-Current Liabilities | 3,173.2 | 2,753.6 | 2,638.4 | 2,628.3 | 2,565.7 | 1,370.5 | 1,379.2 | 1,075.4 | 1,059.3 | 877.1 |
| Total Liabilities | 4,102.3 | 3,701.5 | 3,511.2 | 3,482.5 | 3,241 | 1,901.6 | 1,884.2 | 1,553.5 | 1,603.3 | 1,391.7 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
| Retained Earnings | 4,172.3 | 3,743.4 | 3,278.1 | 2,755.1 | 2,112.4 | 1,743.1 | 1,362.9 | 1,208.1 | 994.5 | 749.3 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | (0.5) | (1.2) | (1.9) | 0.7 | 0 | 0 | 0 |
| Total Stockholders' Equity | 623.5 | 840.1 | 828.9 | 640.7 | 807.2 | 784.1 | 803 | 807.3 | 738.4 | 697.1 |
| Total Liabilities & Equity | 4,725.8 | 4,541.6 | 4,340.1 | 4,123.2 | 4,048.2 | 2,685.7 | 2,687.2 | 2,360.8 | 2,331.0 | 2,088.7 |
| Debt Metrics | ||||||||||
| Total Debt | 3,251.8 | 2,368.4 | 2,272.1 | 2,271.6 | 2,242.1 | 1,144.9 | 1,163.4 | 863.3 | 880.8 | 670.2 |
| Net Debt | 3,222.9 | 2,321.4 | 2,154.3 | 2,211.1 | 1,985.7 | 981.3 | 883.1 | 678.8 | 710.8 | 516.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 470.6 | 502.5 | 556.8 | 672.9 | 396.9 | 386.1 | 154.8 | 213.6 | 245.3 | 221.5 |
| Depreciation & Amortization | 276.8 | 251.2 | 231.7 | 220.4 | 212.6 | 161 | 152.2 | 134 | 118.8 | 100.3 |
| Stock-Based Compensation | (23.5) | 0 | 0 | (19.8) | 0 | 0 | 0 | (9.4) | 0 | (4.2) |
| Change in Working Capital | (33.1) | 67.4 | (6.9) | 44.8 | 82.8 | 13.1 | (42.8) | 2.3 | (37.0) | 53.7 |
| Other Non-Cash Items | 123.1 | 12.5 | 0.4 | 44.9 | 26.1 | 1 | 25.4 | 20.3 | 7.0 | (74.3) |
| Operating Cash Flow | 813.9 | 847.6 | 784 | 994.7 | 737.4 | 563.7 | 313.3 | 398.7 | 283.6 | 337.4 |
| Investing Activities | ||||||||||
| Capital Expenditure | (439.6) | (458.1) | (335.6) | (305.3) | (274.7) | (230.7) | (204.8) | (204.3) | (258.3) | (262.1) |
| Acquisitions | 0 | 2 | 0 | 0 | (641.1) | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | (12.8) | (22.2) | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 11.5 | 24 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (436) | (1.2) | 0.8 | 8.2 | 1.6 | 6.4 | 1.7 | (4.8) | (3.9) | 127.2 |
| Investing Cash Flow | (436) | (445.8) | (323.6) | (319.3) | (914.2) | (224.3) | (203.1) | (209.1) | (262.1) | (134.9) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 318.9 | 40.3 | (15.4) | (15.2) | 668.5 | (38.9) | 170.4 | (21.3) | 207.4 | 179.6 |
| Stock Repurchased | (649.9) | (445.7) | (333.2) | (806.4) | (355) | (399.6) | (165.8) | (144.4) | (206) | (323.3) |
| Dividends Paid | (41.5) | (36.8) | (33.4) | (29.9) | (27.3) | (6.9) | 0 | 0 | 0 | 0 |
| Other Financing Activities | (23.5) | (30.4) | (21.1) | (19.8) | (16.6) | (10.7) | (19) | (9.4) | (6.7) | (7.4) |
| Financing Cash Flow | (396) | (472.6) | (403.1) | (871.3) | 269.6 | (456.1) | (14.4) | (175.1) | (5.3) | (151.1) |
| Cash Position | ||||||||||
| Net Change in Cash | (18.1) | (70.8) | 57.3 | (195.9) | 92.8 | (116.7) | 95.8 | 14.5 | 16.2 | 51.5 |
| Cash at Beginning | 47 | 117.8 | 60.5 | 256.4 | 163.6 | 280.3 | 184.5 | 170 | 153.8 | 102.3 |
| Cash at End | 28.9 | 47 | 117.8 | 60.5 | 256.4 | 163.6 | 280.3 | 184.5 | 170 | 153.8 |
| Free Cash Flow | 374.3 | 389.5 | 448.4 | 689.4 | 462.7 | 333 | 108.5 | 194.4 | 25.3 | 75.3 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||
| Revenue | 19,384 | 20,244.3 | 21,529.4 | 23,446.1 | 17,360.5 | 11,264.3 | 14,034.6 | 14,362.9 | 12,826.6 | 11,594.6 | 12,699.4 | 16,986.0 | 18,083.3 | 19,301.3 | 18,919.2 | 15,592.1 |
| Gross Profit | 970.7 | 2,306.8 | 2,313.8 | 2,399.9 | 1,848.9 | 1,442.9 | 1,126.5 | 1,089.3 | 1,062.0 | 1,016.1 | 958.5 | 1,051.7 | 966.9 | 878.2 | 931.5 | 821.0 |
| Operating Income | 739.2 | 742.9 | 826 | 968.4 | 604 | 559 | 268.5 | 325.1 | 283.3 | 299.9 | 254.8 | 365.4 | 264.9 | 151.2 | 311.2 | 231.2 |
| Net Income | 470.6 | 502.5 | 556.8 | 672.9 | 396.9 | 386.1 | 154.8 | 213.6 | 245.3 | 221.5 | 176.3 | 243.9 | 235.0 | 83.6 | 324.0 | 157.4 |
| 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 | 1.78 | 6.93 | 3.35 |
| Balance Sheet | ||||||||||||||||
| Cash & Equivalents | 28.9 | 47 | 117.8 | 60.5 | 256.4 | 163.6 | 280.3 | 184.5 | 170.0 | 153.8 | ||||||
| Total Assets | 4,725.8 | 4,541.6 | 4,340.1 | 4,123.2 | 4,048.2 | 2,685.7 | 2,687.2 | 2,360.8 | 2,331.0 | 2,088.7 | ||||||
| Total Debt | 3,251.8 | 2,368.4 | 2,272.1 | 2,271.6 | 2,242.1 | 1,144.9 | 1,163.4 | 863.3 | 880.8 | 670.2 | ||||||
| Stockholders' Equity | 623.5 | 840.1 | 828.9 | 640.7 | 807.2 | 784.1 | 803 | 807.3 | 738.4 | 697.1 | ||||||
| Cash Flow | ||||||||||||||||
| Operating Cash Flow | 813.9 | 847.6 | 784 | 994.7 | 737.4 | 563.7 | 313.3 | 398.7 | 283.6 | 337.4 | ||||||
| Capital Expenditure | (439.6) | (458.1) | (335.6) | (305.3) | (274.7) | (230.7) | (204.8) | (204.3) | (258.3) | (262.1) | ||||||
| Free Cash Flow | 374.3 | 389.5 | 448.4 | 689.4 | 462.7 | 333 | 108.5 | 194.4 | 25.3 | 75.3 | ||||||