Murphy USA Inc. (MUSA) Financial Statements
Murphy USA financial statements at a glance
Murphy USA reported revenue of $19.38 billion for fiscal year 2025 (ended December 31, 2025), down 4.2% from fiscal year 2024. Net income was $470.60 million, a net margin of 2.4%, and diluted earnings per share were $24.10.
At the end of fiscal year 2025 it had total assets of $4.73 billion, total liabilities of $4.10 billion and shareholders' equity of $623.50 million, with cash and short-term investments of $28.90 million and total debt of $2.74 billion.
Its operations brought in $813.90 million of cash; capital spending was $439.60 million, leaving free cash flow of $374.30 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Murphy USA Inc.
Income Statement
Annual • USD
Murphy USA key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $19.4B | $20.2B | $21.5B | $23.4B | $17.4B |
| Gross profit | $2.4B | $2.3B | $2.3B | $2.4B | $1.8B |
| Operating income | $739.2M | $755.6M | $826.8M | $967.8M | $612.9M |
| Net income | $470.6M | $502.5M | $556.8M | $672.9M | $396.9M |
| Diluted EPS | $24.10 | $24.11 | $25.49 | $28.10 | $14.92 |
| Total assets | $4.7B | $4.5B | $4.3B | $4.1B | $4.0B |
| Total liabilities | $4.1B | $3.7B | $3.5B | $3.5B | $3.2B |
| Shareholders' equity | $623.5M | $840.1M | $828.9M | $640.7M | $807.2M |
| Cash and short-term investments | $28.9M | $47.0M | $124.9M | $78.4M | $256.4M |
| Total debt | $2.7B | $2.4B | $2.3B | $2.3B | $2.2B |
| Operating cash flow | $813.9M | $847.6M | $784.0M | $994.7M | $737.4M |
| Capital spending | $439.6M | $458.1M | $335.6M | $305.3M | $274.7M |
| Free cash flow | $374.3M | $389.5M | $448.4M | $689.4M | $462.7M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Murphy USA's revenue in fiscal year 2025?
$19.38 billion, down 4.2% from $20.24 billion in fiscal year 2024.
How much profit does Murphy USA make?
Murphy USA reported net income of $470.60 million for fiscal year 2025 (2.4% of revenue); operating income was $739.20 million.
How much cash and debt does Murphy USA have?
At the end of fiscal year 2025: cash and short-term investments of $28.90 million and total debt of $2.74 billion.
What is Murphy USA's free cash flow?
$374.30 million in fiscal year 2025 (operating cash flow of $813.90 million minus capital spending of $439.60 million).
