Murphy USA annual gross margin
2011
2012
2013
2014
2015
2016
2017
2022
2023
2024
2025
Murphy USA Gross Margin Growth & History (MUSA)
Murphy USA's gross margin was 12.17% for fiscal 2025.
View full Murphy USA company overviewMurphy USA annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.17% | +0.78 pp |
| 2024 | 2024-12-31 | 11.39% | +0.65 pp |
| 2023 | 2023-12-31 | 10.75% | +0.51 pp |
| 2022 | 2022-12-31 | 10.24% | — |
| 2017 | 2017-12-31 | 84.47% | +1.50 pp |
| 2016 | 2016-12-31 | 82.97% | −1.70 pp |
| 2015 | 2015-12-31 | 84.67% | −4.38 pp |
| 2014 | 2014-12-31 | 89.05% | −0.41 pp |
| 2013 | 2013-12-31 | 89.46% | −0.93 pp |
| 2012 | 2012-12-31 | 90.39% | +0.17 pp |
| 2011 | 2011-12-31 | 90.21% | — |
Murphy USA quarterly gross margin
Q3.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 10.97% | −1.26 pp |
| Q1 2026 | 2026-03-31 | 12.75% | — |
| Q4 2025 | 2025-12-31 | 13.44% | — |
| Q3 2025 | 2025-09-30 | 12.26% | — |
| Q2 2025 | 2025-06-30 | 12.23% | — |
| Q2 2018 | 2018-06-30 | 86.58% | +2.40 pp |
| Q1 2018 | 2018-03-31 | 85.32% | +1.22 pp |
| Q4 2017 | 2017-12-31 | 85.25% | +1.57 pp |
| Q3 2017 | 2017-09-30 | 84.31% | +0.85 pp |
| Q2 2017 | 2017-06-30 | 84.18% | +0.71 pp |
| Q1 2017 | 2017-03-31 | 84.10% | +3.20 pp |
| Q4 2016 | 2016-12-31 | 83.68% | +0.83 pp |
| Q3 2016 | 2016-09-30 | 83.46% | −1.60 pp |
| Q2 2016 | 2016-06-30 | 83.47% | −2.44 pp |
| Q1 2016 | 2016-03-31 | 80.89% | −3.68 pp |
| Q4 2015 | 2015-12-31 | 82.85% | −3.91 pp |
| Q3 2015 | 2015-09-30 | 85.06% | −4.47 pp |
| Q2 2015 | 2015-06-30 | 85.91% | −4.01 pp |
| Q1 2015 | 2015-03-31 | 84.57% | −4.92 pp |
| Q4 2014 | 2014-12-31 | 86.76% | −1.45 pp |
| Q3 2014 | 2014-09-30 | 89.53% | −0.15 pp |
| Q2 2014 | 2014-06-30 | 89.93% | −0.11 pp |
| Q1 2014 | 2014-03-31 | 89.49% | −0.21 pp |
| Q4 2013 | 2013-12-31 | 88.21% | — |
| Q3 2013 | 2013-09-30 | 89.68% | −0.69 pp |
| Q2 2013 | 2013-06-30 | 90.04% | — |
| Q1 2013 | 2013-03-31 | 89.70% | — |
| Q3 2012 | 2012-09-30 | 90.37% | — |
Murphy USA gross margin trends
Between the periods ended 2011-12-31 and 2025-12-31, Murphy USA's gross margin decreased from 90.21% to 12.17%, a change of −78.04 percentage points. The latest reported quarter, Q2 2026, shows 10.97%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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