NYSE$MUSA
Murphy USA Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Murphy USA's financial performance reflected strength in core categories and strategic investments.
Murphy USA reported a net income of $149.2 million, or $7.20 per diluted share, for Q3 2024. The company saw a decrease in net income compared to Q3 2023, but experienced growth in retail fuel volumes and merchandise contribution. The company is accelerating its new-store build program in 2024 and 2025.
- Net income was $149.2 million, or $7.20 per diluted share, compared to $167.7 million, or $7.69 per diluted share, in Q3 2023.
- Total fuel contribution was 32.6 cpg, compared to 34.5 cpg in Q3 2023.
- Retail fuel volumes increased by 2.0%, and same store sales volumes increased by 0.5%.
- Merchandise contribution dollars increased 2.4% to $216.8 million with unit margins of 20.0%.
Headline financials
Revenue & EPS history
Murphy USA · Revenue · Quarterly
$5.24B
Revenue by segment
Murphy USA · $966M total across 1 segment · Q1 2023
- Merchandise Sales$966M+8.3%100.0%
Forward guidance
Murphy USA updated its full-year capital expenditure expectations to a range of $500 million to $525 million and revised its guidance for its full-year SG&A expenses to a range of $240 million to $250 million.
Tailwinds
- Capital expenditure expectations increased due to pulling forward future projects.
- Earlier start on next year's build class.
- SG&A expenses guidance reduced due to lower employee costs.
- SG&A expenses guidance reduced due to the timing of certain initiatives.
- All other previously issued guidance metrics remain unchanged.
Headwinds
- No negative aspects were mentioned in the provided guidance update.
- No negative aspects were mentioned in the provided guidance update.
- No negative aspects were mentioned in the provided guidance update.
- No negative aspects were mentioned in the provided guidance update.
- No negative aspects were mentioned in the provided guidance update.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.5%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+1.5%
Avg return
30 days after
50%
26 / 52 earnings
Positive
+26.0%
Q3 2019
Best reaction
-12.0%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.0% | +17.5% | -1.8% | |
| Q4 2025 | -10.7% | -18.3% | -1.4% | |
| Q3 2025 | -7.3% | -6.5% | -1.8% | |
| Q1 2025 | -12.0% | -14.0% | -16.0% | |
| Q4 2024 | -3.2% | -6.2% | -11.7% | |
| Q3 2024 | +2.4% | +0.6% | +14.8% | |
| Q2 2024 | +2.0% | +0.7% | +2.9% | |
| Q1 2024 | -4.2% | -2.7% | +6.0% | |
| Q4 2023 | +11.5% | +9.8% | +15.7% | |
| Q3 2023 | +2.3% | +3.2% | +2.2% | |
| Q2 2023 | -2.6% | -0.2% | +5.0% | |
| Q1 2023 | +1.6% | +5.7% | +1.7% | |
| Q4 2022 | -4.1% | -4.5% | -4.7% | |
| Q3 2022 | +5.1% | +8.4% | +0.8% | |
| Q2 2022 | +8.6% | +7.9% | +10.6% | |
| Q1 2022 | +6.2% | +1.9% | +7.1% | |
| Q4 2021 | -5.1% | -9.1% | -8.4% | |
| Q3 2021 | -3.3% | -2.2% | +6.1% | |
| Q2 2021 | +0.3% | +0.5% | +6.4% | |
| Q1 2021 | -2.7% | -0.7% | -5.5% | |
| Q4 2020 | +3.1% | +0.4% | -2.3% | |
| Q3 2020 | +1.0% | -3.5% | +3.5% | |
| Q2 2020 | +18.7% | +15.2% | +18.6% | |
| Q1 2020 | +7.0% | +5.6% | +8.7% | |
| Q4 2019 | -6.8% | -9.2% | -14.2% | |
| Q3 2019 | +26.0% | +23.5% | +25.6% | |
| Q2 2019 | -1.5% | -0.6% | +3.3% | |
| Q1 2019 | +5.4% | +4.8% | -0.3% | |
| Q4 2018 | -8.9% | -8.3% | -2.9% | |
| Q3 2018 | -0.7% | +0.6% | -0.8% | |
| Q2 2018 | +5.0% | +6.9% | +4.7% | |
| Q1 2018 | +3.8% | +5.7% | +6.7% | |
| Q4 2017 | -7.2% | -16.1% | -12.5% | |
| Q3 2017 | -1.8% | +2.1% | +4.6% | |
| Q2 2017 | -4.4% | -6.1% | -15.3% | |
| Q1 2017 | -5.5% | -4.9% | -2.2% | |
| Q4 2016 | +4.7% | +2.4% | +1.8% | |
| Q3 2016 | -2.4% | -5.9% | +2.5% | |
| Q2 2016 | +3.4% | +4.6% | -0.7% | |
| Q1 2016 | +13.9% | — | — | |
| Q4 2015 | +0.3% | — | — | |
| Q3 2015 | -4.9% | — | — | |
| Q2 2015 | -3.9% | — | — | |
| Q1 2015 | -8.0% | — | — | |
| Q4 2014 | -1.8% | — | — | |
| Q3 2014 | +2.0% | — | — | |
| Q2 2014 | +3.8% | — | — | |
| Q1 2014 | +1.4% | — | — | |
| Q4 2011 | -1.2% | — | — | |
| Q1 2012 | -1.2% | — | — | |
| Q4 2013 | -0.9% | — | — | |
| Q3 2013 | +2.6% | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — |
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