NYSE$MUSA

Murphy USA Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Murphy USA reported Q3 2025 total revenues with merchandise and fuel margins driving results.

Retail fuel volumes and merchandise contribution supported quarterly performance. The company emphasizes kiosk growth, loyalty, and store productivity. Crack spreads and RIN economics affect fuel margin volatility.

  • Fuel and merchandise margins drive earnings.
  • Store count and same-store sales trends.
  • Loyalty and kiosk initiatives support traffic.
  • Industry crack spreads and RINs affect fuel profitability.

Headline financials

Total Revenue

$5.11B

Previous: $5.24B-2.5%
EPS (adj)

$7.20

Previous: $7.20+0.0%
Net Income

$130M

Previous: $149M-12.9%
Operating Income

$202M

Previous: $222M-8.9%

Revenue & EPS history

Murphy USA · Revenue · Quarterly

$5.11B

Q3 2025-2.5%vs Q3 2024
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Murphy USA · $966M total across 1 segment · Q1 2023

  • Merchandise Sales
    $966M+8.3%

Forward guidance

Consumer and retail operators discuss traffic, pricing, and cost inflation.

Tailwinds

  • Comparable sales and unit growth initiatives.
  • Productivity and pricing actions support margins.

Headwinds

  • Consumer confidence and wage or commodity inflation.
  • Competitive promotional activity.

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 2025

Historical avgQ3 2025

+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

Earnings price reactions
QuarterReport dateReaction (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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