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Murphy USA MUSA Inventories

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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
Debt / equity3.7×-0.6×
Current ratio0.9×+0.1×

Where this comes from

Reported directly by Murphy USA in its filing.

Tagged under the XBRL concept us-gaap:InventoryNet.

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

Filed
Aug 6, 2026, 4:33 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001573516-26-000166
(Millions of dollars, except share amounts)June 30, 2026December 31, 2025
Current assets
Cash and cash equivalents$175.4$28.9
Accounts receivable—trade, less allowance for doubtful accounts of $0.4 and $0.3 at 2026 and 2025, respectively379.2276.2
Inventories, at lower of cost or market417.4413.0
Prepaid expenses and other current assets35.929.7
Total current assets1,007.9747.8
Property, plant and equipment, at cost less accumulated depreciation and amortization of $2,313.4 and $2,173.5 at 2026 and 2025, respectively3,036.92,962.8
Operating lease right of use assets, net539.1526.3

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Murphy USA's inventories?
Murphy USA (MUSA) reported inventories of $417.4M in Q2 2026.
How has Murphy USA's inventories changed year-over-year?
Murphy USA's inventories increased by 5.0% year-over-year, from $397.5M to $417.4M.
What is the long-term trend for Murphy USA's inventories?
Over 5 years (2020 to 2025), Murphy USA's inventories has grown at a 8.2% compound annual growth rate (CAGR), from $279.1M to $413M.
What does inventories mean?
Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

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