Skip to content
Screener

Murphy USA MUSA Q3 2026 earnings

Reported October 28, 2026 · After market close

Revenue$6.9BBeat by $642.1M
EPS$9.59Beat by $1.22
Revenue estimate$6.2B
EPS estimate$8.37
“We are pleased with our third quarter performance, which reflects the resilience of our customers and the durability of our business model, Against a backdrop of higher and more volatile fuel prices, our customers continue to rely on Murphy USA for essential fuel and convenience trips, while our teams remained focused on providing compelling value. Retail fuel margins remain strong despite a rising price environment, while our Fuel Supply capabilities generated meaningful value from the volatility and supply dynamics in the market. Merchandise results remain healthy, despite the comparison to last year’s highly impactful nicotine promotional activity, and we continue to see underlying strength across the nicotine ecosystem. As volatility continues, we remain focused on disciplined execution and cost control, building a more durable business to perform across environments, and growing the earnings power and long-term value creation potential for Murphy USA shareholders.”
Management

Next report

Date not yet announced

Financials

Q3 2026

Income statement

See full
Revenue$6.9B+34.8%
Operating income$260.5M+29.1%
Net income$176.0M+35.5%
EPS (diluted)$9.59+41.9%

Balance sheet

See full
Cash & equivalents$161.8M+278%
Total debt$2.9B0.0%
Total equity$793.8M+45.4%
Total assets$5.2B+10.8%

Cash flow

See full
Operating cash flow$348.1M+88.4%
CapEx$154.4M+31.9%
Free cash flow$193.7M+186%

Valuation & ratios

Valuation

as of 10/30/26
See full
Market cap$9.77B+43.5%
Enterprise value$12.5B+29.4%
P/E14.7×+0.3×
P/S0.4×+0.1×

Profitability

See full
Operating margin4.2%+0.6pp
Net margin2.9%+0.4pp
FCF margin2.9%+1.0pp

Returns & leverage

See full
Return on equity99%+30.5pp
Debt / equity3.6×-1.7×
Current ratio0.9×+0.1×

Segments

By product

See full
Petroleum product sales (at retail)$4.9B+39.8%
Merchandise sales$1.2B+2.9%
Petroleum product sales (at wholesale)$671.8M+68.2%
RINs$134.5M+118%
Other revenues$1.1M-15.4%

By segment

See full
Marketing$6.9B+34.8%

FAQ

When did Murphy USA report Q3 2026 earnings?
Murphy USA (MUSA) reported Q3 2026 earnings on October 28, 2026 after market close.
What were Murphy USA's Q3 2026 revenue and EPS?
Murphy USA reported revenue of $6.9B and eps of $9.59 for Q3 2026.
Did Murphy USA beat estimates in Q3 2026?
Revenue beat the consensus estimate of $6.2B by $642.1M. EPS beat the consensus estimate of $8.37 by $1.22.
How did Murphy USA's Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 34.8% from $5.1B a year earlier and eps grew 32.3% from $7.25.
Where can I find Murphy USA's Q3 2026 SEC filings?
You can read the 8-K earnings release (0001573516-26-000193) and the 10-Q periodic report (0001573516-26-000195) directly on SEC EDGAR. The filing index links above go to sec.gov.