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Murphy USA MUSA Petroleum product sales — Cost of goods sold

Other product segments

Merchandise sales
$904.7M+3.5%

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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:CostOfGoodsAndServicesSold.

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 and per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other operating revenues126.061.2199.397.4
Total operating revenues6,806.15,005.011,625.49,530.4
Operating Expenses
Petroleum product cost of goods sold15,154.93,519.28,520.96,757.5
Merchandise cost of goods sold904.7873.71,743.71,677.2
Store and other operating expenses308.7275.2588.5541.3
Depreciation and amortization72.266.0144.3134.2
Selling, general and administrative60.550.9117.1111.0

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Murphy USA's petroleum product sales — cost of goods sold?
Murphy USA (MUSA) reported petroleum product sales — cost of goods sold of $5.15B in Q2 2026.
How has Murphy USA's petroleum product sales — cost of goods sold changed year-over-year?
Murphy USA's petroleum product sales — cost of goods sold increased by 46.5% year-over-year, from $3.52B to $5.15B.
What is the long-term trend for Murphy USA's petroleum product sales — cost of goods sold?
Over 4 years (2021 to 2025), Murphy USA's petroleum product sales — cost of goods sold has grown at a 2.0% compound annual growth rate (CAGR), from $12.54B to $13.59B.
What does petroleum product sales — cost of goods sold mean?
This metric measures the direct costs associated with the procurement, transportation, and distribution of fuel products sold to customers. It includes the purchase price of refined petroleum products and the logistical expenses required to move inventory to retail sites or terminals. Monitoring this cost is essential for evaluating the company's fuel margin management and its efficiency in navigating volatile wholesale energy markets.

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