Murphy USA Inc. (MUSA) Stock

Murphy USA Inc. (MUSA) is a Consumer Discretionary stock trading at $570.62 (as of 2026-08-20), with a market capitalization of $10.49B and a trailing P/E of 17.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Murphy USA Inc. markets retail motor fuel and convenience merchandise through branded retail stores, including Murphy USA, Murphy Express, and QuickChek. It operates gasoline stations primarily across the Southeast, Southwest, and Midwest United States, serving retail customers who purchase fuel and convenience items.

Understand Murphy USA Inc.: how it makes money

Murphy USA operates retail stores selling motor fuel and convenience merchandise under the Murphy USA, Murphy Express, and QuickChek brands, and it earns money primarily through in-store fuel and merchandise sales.

Store-level performance drives results for Murphy USA, because changes in same-store fuel volume and same-store merchandise sales, along with per-store operating expense, determine how efficiently each store generates operating profit.

Business quality (Mixed): The provided data does not include a clean, official reportable segment breakdown, but the operating KPI set clearly focuses on same-store fuel volume, same-store merchandise sales, and per-store operating expense.

Valuation: At 18× earnings, MUSA trades in line with the Retail average (19×). Note: one-time items can distort reported P/E.

Bull case

  • Same-store merchandise sales grew: Merchandise Sales (Same-Store Sales) was +2.8%.
  • New store and build execution indicators were positive: New Store Build Class Performance Versus Fleet (Gallons) was +20%, and Net New-to-Industry Stores was 29.0.

Bear case

  • Same-store fuel volume declined: Retail Fuel Volume per Month (Same-Store Sales) was -0.8%.
  • Operating costs per store increased: Average Per Store Month Operating Expense (Year Over Year) was +4.0%.
Valuation — source: SEC EDGAR (first-party)
Price$570.62
Market Cap$10.49B
P/E Ratio17.1
EV / EBITDA8.6
Price / Book13.40
Price / Sales0.49
FCF Yield9.9%
DCF Value (model)$1460.53
DCF Upside vs Price156.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$19.38B
Net Margin2.4%
Revenue Growth (YoY)-4.2%
EPS Growth (YoY)-0.4%
FCF Growth (YoY)-3.9%
Financial Health — source: SEC EDGAR
Altman Z-Score7.34 (safe)
Valuation vs Sector & Industry
Stock P/E17.1
Sector P/E (Consumer Discretionary)20.5
Industry P/E (Retail)19.5
vs Sector-16.3%
vs Industry-12.2%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($830.21M)
Institutional Holders Tracked10
Company
SectorConsumer Discretionary
IndustryRetail
CEOMalynda K. West
Employees5,900
CountryUS
IPO Date2013-08-19

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MUSA earnings history · MUSA institutional & insider holders · MUSA KPIs & operating metrics · MUSA financials · MUSA investor presentations & press releases · MUSA SEC filings · MUSA peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.