Murphy USA Inc (MUSA)

Operating profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Operating income (ttm) US$ in thousands 743,900 762,100 787,800 768,000 826,000 782,300 846,900 910,500 968,400 955,800 802,200 730,100 604,000 535,500 477,500 522,800 559,000 540,100 560,500 380,700
Revenue (ttm) US$ in thousands 20,244,300 20,602,800 21,162,200 21,295,900 21,529,400 21,826,800 22,223,600 23,404,900 23,446,100 22,846,800 21,252,500 18,941,800 17,360,500 15,454,400 13,693,000 11,616,600 11,264,300 11,863,600 12,682,200 14,103,000
Operating profit margin 3.67% 3.70% 3.72% 3.61% 3.84% 3.58% 3.81% 3.89% 4.13% 4.18% 3.77% 3.85% 3.48% 3.47% 3.49% 4.50% 4.96% 4.55% 4.42% 2.70%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $743,900K ÷ $20,244,300K
= 3.67%

The operating profit margin of Murphy USA Inc has shown fluctuating trends over the past few years, ranging from a low of 2.70% in March 2020 to a high of 4.96% in December 2020. Thereafter, the margin stabilized in the range of 3.47% to 4.18% between September 2021 and September 2022. However, from March 2023 to December 2024, the operating profit margin exhibited a gradually declining pattern, ending at 3.67% by the end of December 2024. It is important for the company to carefully monitor and manage its operating expenses and revenue generation to sustain and potentially improve its operating profit margin going forward.