Murphy USA annual net debt
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2025
Murphy USA Net Debt Growth & History (MUSA)
Murphy USA's net debt was $2.71B for fiscal 2025.
View full Murphy USA company overviewMurphy USA annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.71B | $392.7M | +16.92% |
| 2024 | 2024-12-31 | $2.32B | $167.1M | +7.76% |
| 2023 | 2023-12-31 | $2.15B | −$56.8M | −2.57% |
| 2022 | 2022-12-31 | $2.21B | $225.4M | +11.35% |
| 2021 | 2021-12-31 | $1.99B | $996.6M | +100.76% |
| 2020 | 2020-12-31 | $989.1M | $106.0M | +12.00% |
| 2019 | 2019-12-31 | $883.1M | $204.3M | +30.10% |
| 2018 | 2018-12-31 | $678.8M | −$32.0M | −4.50% |
| 2017 | 2017-12-31 | $710.8M | $194.4M | +37.64% |
| 2016 | 2016-12-31 | $516.4M | $59.7M | +13.08% |
| 2015 | 2015-12-31 | $456.7M | $295.6M | +183.50% |
| 2014 | 2014-12-31 | $161.1M | −$105.8M | −39.63% |
| 2013 | 2013-12-31 | $266.8M | $323.0M | — |
| 2012 | 2012-12-31 | −$56.2M | — | — |
Murphy USA quarterly net debt
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| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.59B | $26.5M | +1.03% |
| Q1 2026 | 2026-03-31 | $2.60B | $137.7M | +5.60% |
| Q4 2025 | 2025-12-31 | $2.71B | $392.7M | +16.92% |
| Q3 2025 | 2025-09-30 | $2.74B | $443.2M | +19.33% |
| Q2 2025 | 2025-06-30 | $2.56B | $356.8M | +16.19% |
| Q1 2025 | 2025-03-31 | $2.46B | $243.3M | +10.98% |
| Q4 2024 | 2024-12-31 | $2.32B | $167.1M | +7.76% |
| Q3 2024 | 2024-09-30 | $2.29B | $145.1M | +6.76% |
| Q2 2024 | 2024-06-30 | $2.20B | $28.2M | +1.30% |
| Q1 2024 | 2024-03-31 | $2.22B | $53.9M | +2.49% |
| Q4 2023 | 2023-12-31 | $2.15B | −$56.8M | −2.57% |
| Q3 2023 | 2023-09-30 | $2.15B | $65.4M | +3.14% |
| Q2 2023 | 2023-06-30 | $2.18B | $151.3M | +7.47% |
| Q1 2023 | 2023-03-31 | $2.16B | $276.1M | +14.64% |
| Q4 2022 | 2022-12-31 | $2.21B | $225.4M | +11.35% |
| Q3 2022 | 2022-09-30 | $2.08B | $150.7M | +7.80% |
| Q2 2022 | 2022-06-30 | $2.02B | −$20.2M | −0.99% |
| Q1 2022 | 2022-03-31 | $1.89B | −$19.2M | −1.01% |
| Q4 2021 | 2021-12-31 | $1.99B | $996.6M | +100.76% |
| Q3 2021 | 2021-09-30 | $1.93B | $1.09B | +128.55% |
| Q2 2021 | 2021-06-30 | $2.04B | $1.28B | +166.65% |
| Q1 2021 | 2021-03-31 | $1.91B | $936.7M | +96.72% |
| Q4 2020 | 2020-12-31 | $989.1M | $106.0M | +12.00% |
| Q3 2020 | 2020-09-30 | $845.3M | −$13.7M | −1.59% |
| Q2 2020 | 2020-06-30 | $766.7M | −$21.6M | −2.74% |
| Q1 2020 | 2020-03-31 | $968.5M | $178.9M | +22.66% |
| Q4 2019 | 2019-12-31 | $883.1M | $204.3M | +30.10% |
| Q3 2019 | 2019-09-30 | $859.0M | $66.6M | +8.40% |
| Q2 2019 | 2019-06-30 | $788.3M | −$11.7M | −1.46% |
| Q1 2019 | 2019-03-31 | $789.6M | $57.4M | +7.84% |
| Q4 2018 | 2018-12-31 | $678.8M | −$32.0M | −4.50% |
| Q3 2018 | 2018-09-30 | $792.4M | $76.7M | +10.72% |
| Q2 2018 | 2018-06-30 | $800.0M | $113.1M | +16.46% |
| Q1 2018 | 2018-03-31 | $732.2M | $81.1M | +12.45% |
| Q4 2017 | 2017-12-31 | $710.8M | $194.4M | +37.64% |
| Q3 2017 | 2017-09-30 | $715.7M | $243.0M | +51.41% |
| Q2 2017 | 2017-06-30 | $686.9M | $262.5M | +61.85% |
| Q1 2017 | 2017-03-31 | $651.1M | $158.8M | +32.24% |
| Q4 2016 | 2016-12-31 | $516.4M | $59.7M | +13.08% |
| Q3 2016 | 2016-09-30 | $472.7M | $48.1M | +11.32% |
| Q2 2016 | 2016-06-30 | $424.4M | $55.5M | +15.04% |
| Q1 2016 | 2016-03-31 | $492.4M | $290.0M | +143.28% |
| Q4 2015 | 2015-12-31 | $456.7M | $295.6M | +183.50% |
| Q3 2015 | 2015-09-30 | $424.6M | $225.4M | +113.20% |
| Q2 2015 | 2015-06-30 | $368.9M | $137.2M | +59.18% |
| Q1 2015 | 2015-03-31 | $202.4M | $25.0M | +14.10% |
| Q4 2014 | 2014-12-31 | $161.1M | −$105.8M | −39.63% |
| Q3 2014 | 2014-09-30 | $199.2M | −$180.8M | −47.59% |
| Q2 2014 | 2014-06-30 | $231.8M | — | — |
| Q1 2014 | 2014-03-31 | $177.4M | — | — |
| Q4 2013 | 2013-12-31 | $266.8M | $323.0M | — |
| Q3 2013 | 2013-09-30 | $380.0M | — | — |
| Q4 2012 | 2012-12-31 | −$56.2M | — | — |
Murphy USA net debt trends
Over the last five fiscal years, Murphy USA's net debt increased from $989.1M to $2.71B, a change of $1.73B. The latest reported quarter, Q2 2026, shows $2.59B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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