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Murphy USA MUSA Debt-to-equity

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Other financials

Income statement

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Revenue$6.8B+36.0%
Operating income$304.9M+39.1%
Net income$209.1M+43.6%
EPS (diluted)$11.27+53.1%

Balance sheet

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Cash & equivalents$175.4M+224%
Total debt$2.9B+5.3%
Total equity$782.7M+21.1%
Total assets$5.1B+10.0%

Cash flow

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Operating cash flow$235.0M-7.9%
CapEx$111.7M-5.3%
Free cash flow$123.3M-10.1%

Valuation

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Market cap$10.73B+51.3%
Enterprise value$13.43B+37.5%
P/E17.4×+2.9×
P/S0.5×+0.1×

Profitability

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Gross margin85.4%
Operating margin4.3%+0.6pp
Net margin2.9%+0.4pp
FCF margin2.5%+0.6pp

Returns & leverage

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Return on equity86.4%+19.1pp
Current ratio0.9×+0.1×

Where this comes from

Calculated from Murphy USA’s reported figures.

Based on the most recent quarter.

The source filing: Murphy USA’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:33 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001573516-26-000166

FAQ

What is Murphy USA's debt-to-equity?
Murphy USA (MUSA) reported debt-to-equity of 3.7× in Q2 2026.
How has Murphy USA's debt-to-equity changed year-over-year?
Murphy USA's debt-to-equity decreased by 13.0% year-over-year, from 4.2× to 3.7×.
What is the long-term trend for Murphy USA's debt-to-equity?
Over 5 years (2020 to 2025), Murphy USA's debt-to-equity has grown at a 25.5% compound annual growth rate (CAGR), from 1.5× to 4.6×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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