# MURPHY USA INC. (MUSA) · Edgar & Edgarette company card

> Murphy Usa (MUSA) saw revenue fall 4.2% in FY2025 to $19.4 billion, operating margin 3.7% against a 4.2% median for auto dealers & gasoline stations, equity 13.2% of assets, and dividend per share up 5 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1573516 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/MUSA) · [JSON](https://www.pops4.com/boards/company/MUSA.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $19.4B |
| Revenue growth, 1 year | -4.2% |
| Revenue growth per year | 2.8% |
| Operating margin | 3.7% (prior year 3.7%) |
| Net margin | 2.4% |
| Operating cash flow | $814M |
| Capital spending | $440M |
| Free cash flow | $374M |
| Cash | $29M |
| Long-term debt | $2.2B |
| Total assets | $4.7B |
| Total equity | $624M |
| Equity ÷ assets | 13.2% |
| Return on equity | 75.5% |
| Dividend per share | $2.15 |
| Dividend years rising | 5 |

## Readings, computed from those figures

- Altman Z: 3.81 (safe zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · slow and jumpy: growing slower than its size class, with revenue that swings more
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $19.4B (FY2025), total debt $2.2B. Experience: revenue down 4.2% on the year, up 2.8% a year over 4 years; operating margin 3.7%, up from 3.7%. Soundness: equity 13.2% of assets, return on equity 75.5%, payout 8.8% of profit, dividend per share up 5 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $14.7B and $21.3B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $12.4B to $24.8B. A statistical range, not company guidance. Against peers (11 filers, $50M+ revenue, retail-auto dealers & gasoline stations): operating margin 3.7% against a 4.2% median; growth -4.2% against 4.6%.

Range logged 2026-09-25, receipt d0356eb8f3b199c7, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 5, latest 2026-09-02 ([filing](https://www.sec.gov/Archives/edgar/data/1573516/000157351626000176/0001573516-26-000176-index.htm))

## Recent filings

- 10-Q · filed 2026-10-30 · [filing](https://www.sec.gov/Archives/edgar/data/1573516/000157351626000195/0001573516-26-000195-index.htm)
- 8-K · filed 2026-10-28 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1573516/000157351626000193/0001573516-26-000193-index.htm)
- 8-K · filed 2026-10-22 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1573516/000157351626000191/0001573516-26-000191-index.htm)
- 8-K · filed 2026-09-02 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1573516/000157351626000176/0001573516-26-000176-index.htm)
- 8-K · filed 2026-08-13 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1573516/000157351626000168/0001573516-26-000168-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/1573516/000157351626000166/0001573516-26-000166-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001573516.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1573516

## Cite

POPS4, Edgar & Edgarette: MURPHY USA INC. (MUSA) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/MUSA. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.