Murphy USA Inc.
MUSA · Retail-Auto Dealers & Gasoline Stations · 18.5M shares · -9%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $311M (gross $333M, SBC $22M)
Reference price $547.25 · est. market cap ~$10.1B — last insider sale, 2026-06-05 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B83Scaled, low-cost fuel-and-convenience retailer with top-decile returns and consistent cash generation.
Strengths
- ROE 75% (100th pct) and ROA 9.9% (87.5th pct); durable Walmart-adjacent low-cost model
- 1,800 stores, rising merchandise margin (20.2%) and stable fuel contribution
Risks
- Net income down ~6% YoY (40th pct) and thin commodity-driven fuel margins
- High leverage ($1.3B notes + term loan) and current ratio 0.80 (13th pct)
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
75.5%
Return on assets
10.0%
Revenue growth (QoQ)
18.0%
Net-income growth
-6.3%
Current ratio
0.8×
EBITDA
$995M
Tangible book value
$156M
Cash & investments
$29M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-05 | Landen Diane N | Sell | 3.0K | $547.25 |
| 2026-06-05 | Landen Diane N | Gift | 3.0K | — |
| 2026-06-01 | Keyes James W | Sell | 2.3K | $511.00 |
| 2026-05-27 | Bacon Renee M | Sell | 1.1K | $529.44 |
| 2026-05-26 | Bacon Renee M | Option exercise | 2.6K | — |
| 2026-05-26 | Bacon Renee M | Tax withheld | 1.6K | $542.74 |
| 2026-05-15 | Emery Keith A. | Tax withheld | 428 | $576.20 |
| 2026-05-15 | Emery Keith A. | Option exercise | 500 | — |
| 2026-05-15 | Emery Keith A. | Tax withheld | 255 | $576.20 |
| 2026-05-15 | Emery Keith A. | Option exercise | 700 | — |
| 2026-05-15 | Emery Keith A. | Sell | 517 | $574.49 |
| 2026-05-05 | Woodward Scott G. | Tax withheld | 202 | $592.81 |
| 2026-05-05 | Woodward Scott G. | Option exercise | 250 | — |
| 2026-05-05 | Woodward Scott G. | Sell | 158 | $600.50 |
| 2026-05-05 | Woodward Scott G. | Option exercise | 350 | — |
| 2026-05-05 | Woodward Scott G. | Tax withheld | 240 | $592.81 |
| 2026-05-04 | MURPHY ROBERT MADISON | Sell | 26K | $597.00 |
| 2026-05-04 | MURPHY ROBERT MADISON | Sell | 16K | $596.90 |
| 2026-03-05 | CHUMLEY ROBERT J | Sell | 5.0K | $420.00 |
| 2026-03-05 | Woodward Scott G. | Sell | 137 | $422.44 |
| 2026-02-26 | Emery Keith A. | Sell | 899 | $382.53 |
| 2026-02-24 | Phillips Jeanne Linder | Sell | 1.2K | $395.19 |
| 2026-02-23 | Bacon Renee M | Sell | 2.8K | $388.61 |
| 2026-02-13 | Turner Rosemary | Option exercise | 349 | — |
| 2026-02-13 | Phillips Jeanne Linder | Option exercise | 349 | — |
| 2026-02-13 | Haley David C. | Option exercise | 244 | — |
| 2026-02-13 | GOEBEL DAVID | Option exercise | 349 | — |
| 2026-02-13 | MURPHY ROBERT MADISON | Option exercise | 349 | — |
| 2026-02-13 | Landen Diane N | Option exercise | 349 | — |
| 2026-02-13 | Keyes James W | Option exercise | 349 | — |
| 2026-02-13 | Bartko Eric J. | Sell | 345 | $404.84 |
| 2026-02-13 | Bacon Renee M | Sell | 1.2K | $386.09 |
| 2026-02-11 | Bartko Eric J. | Option exercise | 502 | — |
| 2026-02-11 | Bartko Eric J. | Tax withheld | 228 | $363.36 |
| 2026-02-11 | CHUMLEY ROBERT J | Option exercise | 1.8K | — |
| 2026-02-11 | CHUMLEY ROBERT J | Tax withheld | 798 | $363.36 |
| 2026-02-11 | Click Christopher A | Option exercise | 1.8K | — |
| 2026-02-11 | Click Christopher A | Tax withheld | 798 | $363.36 |
| 2026-02-11 | West Malynda K | Option exercise | 4.2K | — |
| 2026-02-11 | West Malynda K | Tax withheld | 1.8K | $363.36 |
| 2026-02-11 | Woodward Scott G. | Option exercise | 669 | — |
| 2026-02-11 | Woodward Scott G. | Tax withheld | 297 | $363.36 |
| 2026-02-11 | Smith Donald R Jr | Option exercise | 1.0K | — |
| 2026-02-11 | Smith Donald R Jr | Tax withheld | 435 | — |
| 2026-02-11 | Bacon Renee M | Option exercise | 2.0K | — |
| 2026-02-11 | Bacon Renee M | Tax withheld | 792 | $363.36 |
| 2026-02-11 | Emery Keith A. | Option exercise | 838 | — |
| 2026-02-11 | Emery Keith A. | Tax withheld | 368 | $363.36 |
| 2026-02-10 | Bacon Renee M | Sell | 353 | $373.39 |
| 2026-02-10 | MURPHY ROBERT MADISON | Gift | 5.3K | — |
| 2026-02-09 | MURPHY ROBERT MADISON | Gift | 345 | — |
| 2026-02-09 | MURPHY ROBERT MADISON | Gift | 531 | — |
| 2026-02-06 | Woodward Scott G. | Tax withheld | 99 | $397.42 |
| 2026-02-06 | West Malynda K | Tax withheld | 549 | $397.42 |
| 2026-02-06 | Smith Donald R Jr | Option exercise | 305 | — |
| 2026-02-06 | CHUMLEY ROBERT J | Option exercise | 558 | — |
| 2026-02-06 | CHUMLEY ROBERT J | Tax withheld | 258 | $397.42 |
| 2026-02-06 | Emery Keith A. | Option exercise | 254 | — |
| 2026-02-06 | Emery Keith A. | Tax withheld | 124 | $397.42 |
| 2026-02-06 | Bartko Eric J. | Option exercise | 153 | — |
| 2026-02-06 | Bartko Eric J. | Tax withheld | 75 | $397.42 |
| 2026-02-06 | Click Christopher A | Option exercise | 558 | — |
| 2026-02-06 | Click Christopher A | Tax withheld | 257 | $397.42 |
| 2026-02-06 | Woodward Scott G. | Option exercise | 203 | — |
| 2026-02-06 | Smith Donald R Jr | Tax withheld | 149 | $397.42 |
| 2026-02-06 | Bacon Renee M | Option exercise | 609 | — |
| 2026-02-06 | Bacon Renee M | Tax withheld | 256 | $397.42 |
| 2026-02-06 | West Malynda K | Option exercise | 1.3K | — |
| 2026-02-04 | West Malynda K | Sell | 4.0K | $450.00 |
| 2026-01-15 | West Malynda K | Option exercise | 9.2K | $106.72 |
| 2026-01-15 | West Malynda K | Tax withheld | 5.2K | $444.63 |
| 2026-01-07 | West Malynda K | Sell | 4.1K | $425.00 |
| 2026-01-06 | West Malynda K | Tax withheld | 3.9K | $416.54 |
| 2026-01-06 | West Malynda K | Option exercise | 8.0K | $76.15 |
| 2025-12-15 | DEMING CLAIBORNE P | Gift | 768 | — |
| 2025-11-20 | Clyde R Andrew | Sell | 25K | $381.33 |
| 2025-11-20 | Clyde R Andrew | Sell | 16K | $381.33 |
| 2025-10-02 | Clyde R Andrew | I | 105 | — |
| 2025-08-21 | Clyde R Andrew | Option exercise | 22K | — |
| 2025-08-21 | Clyde R Andrew | Tax withheld | 12K | $394.23 |
| 2025-08-12 | West Malynda K | Tax withheld | 2.2K | $378.95 |
| 2025-08-12 | West Malynda K | Option exercise | 4.1K | — |
| 2025-08-12 | West Malynda K | Sell | 1.9K | $386.22 |
| 2025-08-05 | MURPHY ROBERT MADISON | Buy | 5.0K | $367.01 |
| 2025-05-27 | Haley David C. | Buy | 1.0K | $435.58 |
| 2025-03-12 | Landen Diane N | Gift | 10K | — |
| 2025-03-05 | Phillips Jeanne Linder | Sell | 797 | $452.31 |
| 2025-03-04 | CHUMLEY ROBERT J | Option exercise | 2.6K | — |
| 2025-03-04 | CHUMLEY ROBERT J | Tax withheld | 1.7K | $464.81 |
| 2025-03-04 | CHUMLEY ROBERT J | Option exercise | 850 | — |
| 2025-03-04 | CHUMLEY ROBERT J | Tax withheld | 642 | $464.81 |
| 2025-03-03 | Bacon Renee M | Sell | 2.0K | $469.58 |
| 2025-02-21 | Clyde R Andrew | Gift | 75K | — |
| 2025-02-21 | Clyde R Andrew | Gift | 75K | — |
| 2025-02-14 | MURPHY ROBERT MADISON | Option exercise | 445 | — |
| 2025-02-14 | Landen Diane N | Option exercise | 445 | — |
| 2025-02-14 | GOEBEL DAVID | Option exercise | 445 | — |
| 2025-02-14 | KEYES JAMES W | Option exercise | 445 | — |
| 2025-02-14 | MILLER DAVID B | Option exercise | 445 | — |
| 2025-02-13 | Turner Rosemary | Sell | 400 | $495.00 |
| 2025-02-13 | Turner Rosemary | Sell | 397 | $497.20 |
| 2025-02-12 | Segal Blake | Tax withheld | 1.5K | — |
| 2025-02-12 | Clyde R Andrew | Option exercise | 30K | — |
| 2025-02-12 | Clyde R Andrew | Tax withheld | 13K | — |
| 2025-02-12 | West Malynda K | Option exercise | 6.3K | — |
| 2025-02-12 | West Malynda K | Tax withheld | 2.7K | — |
| 2025-02-12 | Click Christopher A | Option exercise | 2.8K | — |
| 2025-02-12 | Click Christopher A | Tax withheld | 1.2K | — |
| 2025-02-12 | Bacon Renee M | Option exercise | 2.8K | — |
| 2025-02-12 | Bacon Renee M | Tax withheld | 1.2K | — |
| 2025-02-12 | CHUMLEY ROBERT J | Option exercise | 3.0K | — |
| 2025-02-12 | CHUMLEY ROBERT J | Tax withheld | 1.3K | — |
| 2025-02-12 | Segal Blake | Option exercise | 2.8K | — |
| 2025-02-12 | Smith Donald R Jr | Option exercise | 1.4K | — |
| 2025-02-12 | Smith Donald R Jr | Tax withheld | 614 | — |
| 2025-02-10 | MURPHY ROBERT MADISON | Option exercise | 797 | — |
| 2025-02-10 | DEMING CLAIBORNE P | Option exercise | 797 | — |
| 2025-02-10 | Taylor Jack T | Option exercise | 797 | — |
| 2025-02-10 | GOEBEL DAVID | Option exercise | 797 | — |
| 2025-02-10 | Phillips Jeanne Linder | Option exercise | 797 | — |
| 2025-02-10 | MILLER DAVID B | Option exercise | 797 | — |
| 2025-02-10 | Turner Rosemary | Option exercise | 797 | — |
| 2025-02-10 | Landen Diane N | Option exercise | 797 | — |
| 2025-02-10 | KEYES JAMES W | Option exercise | 797 | — |
| 2025-02-07 | Smith Donald R Jr | Option exercise | 355 | — |
| 2025-02-07 | Smith Donald R Jr | Tax withheld | 167 | $499.48 |
| 2025-02-07 | Segal Blake | Option exercise | 710 | — |
| 2025-02-07 | Segal Blake | Tax withheld | 376 | $499.48 |
| 2025-02-07 | CHUMLEY ROBERT J | Option exercise | 761 | — |
| 2025-02-07 | CHUMLEY ROBERT J | Tax withheld | 342 | $499.48 |
| 2025-02-07 | Bacon Renee M | Option exercise | 710 | — |
| 2025-02-07 | Bacon Renee M | Tax withheld | 320 | $499.48 |
| 2025-02-07 | Click Christopher A | Option exercise | 710 | — |
| 2025-02-07 | Click Christopher A | Tax withheld | 319 | $499.48 |
| 2025-02-07 | Clyde R Andrew | Option exercise | 7.4K | — |
| 2025-02-07 | Clyde R Andrew | Tax withheld | 2.9K | $499.48 |
| 2025-02-07 | West Malynda K | Option exercise | 1.6K | — |
| 2025-02-07 | West Malynda K | Tax withheld | 453 | $499.48 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-27 | 2026-05-27 | 0001573516-26-000145 ↗ |
| 8-K | 2026-05-12 | 2026-05-12 | 0001573516-26-000139 ↗ |
| 8-K | 2026-05-12 | 2026-05-12 | 0001573516-26-000141 ↗ |
| 8-K | 2026-05-11 | 2026-05-07 | 0001573516-26-000137 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001573516-26-000135 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001573516-26-000134 ↗ |
| 8-K | 2026-04-29 | 2026-04-29 | 0001573516-26-000127 ↗ |
| 8-K | 2026-04-06 | 2026-04-03 | 0001573516-26-000123 ↗ |
| 8-K | 2026-03-02 | 2026-03-02 | 0001573516-26-000099 ↗ |
| 10-K | 2026-02-18 | 2025-12-31 | 0001573516-26-000090 ↗ |
| 8-K | 2026-02-12 | 2026-02-12 | 0001573516-26-000048 ↗ |
| 8-K | 2026-02-04 | 2026-02-04 | 0001573516-26-000026 ↗ |