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Murphy USA MUSA Operating Lease Liabilities

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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$9.9B+39.7%
Enterprise value$12.6B+29.0%
P/E16.1×+1.6×
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:OperatingLeaseLiabilityNoncurrent.

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
Long-term debt, including capitalized lease obligations2,167.02,163.6
Deferred income taxes404.2388.5
Asset retirement obligations54.452.5
Non-current operating lease liabilities549.4534.6
Deferred credits and other liabilities37.634.0
Total liabilities4,302.34,102.3
Stockholders' Equity
Preferred Stock, par $0.01 (authorized 20,000,000 shares, none outstanding)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Murphy USA's operating lease liabilities?
Murphy USA (MUSA) reported operating lease liabilities of $549.4M in Q2 2026.
How has Murphy USA's operating lease liabilities changed year-over-year?
Murphy USA's operating lease liabilities increased by 8.1% year-over-year, from $508.4M to $549.4M.
What is the long-term trend for Murphy USA's operating lease liabilities?
Over 5 years (2020 to 2025), Murphy USA's operating lease liabilities has grown at a 30.3% compound annual growth rate (CAGR), from $142.5M to $534.6M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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