Murphy USA Inc (MUSA)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	502,500	556,800	672,900	396,900	386,100
Revenue	US$ in thousands	20,244,300	21,529,400	23,446,100	17,360,500	11,264,300
Net profit margin		2.48%	2.59%	2.87%	2.29%	3.43%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $502,500K ÷ $20,244,300K
= 2.48%

To analyze Murphy USA Inc's net profit margin over the years, we observe a steady but fluctuating trend. The net profit margin decreased from 3.43% as of December 31, 2020, to 2.29% as of December 31, 2021, depicting a significant decline. However, there was a slight recovery in 2022 and 2023 with net profit margins of 2.87% and 2.59%, respectively. Nonetheless, by the end of December 2024, the net profit margin decreased to 2.48%.

This trend indicates some fluctuations in the company's profitability over the period under consideration. It is imperative for stakeholders to delve deeper into the underlying factors influencing these fluctuations to understand the company's financial performance better.