Murphy USA Inc (MUSA)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 742,900 | 826,000 | 968,400 | 604,000 | 559,000 |
| Total assets | US$ in thousands | 4,541,600 | 4,340,100 | 4,123,200 | 4,048,200 | 2,685,700 |
| Operating ROA | 16.36% | 19.03% | 23.49% | 14.92% | 20.81% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $742,900K ÷ $4,541,600K
= 16.36%
Murphy USA Inc's operating return on assets (Operating ROA) has shown fluctuating performance over the past five years. It stood at 20.81% as of December 31, 2020, indicating strong operational efficiency. However, there was a decline in the Operating ROA to 14.92% by December 31, 2021, which might suggest challenges or changes in the company's operations.
Subsequently, Murphy USA Inc's Operating ROA improved significantly to 23.49% by the end of 2022, reflecting a positive turnaround in operational effectiveness. However, this was followed by a slight decrease to 19.03% by December 31, 2023, although the ratio remained relatively healthy.
By the end of December 31, 2024, Murphy USA Inc's Operating ROA further decreased to 16.36%, indicating a decline in operational efficiency compared to the previous years. Overall, the company's Operating ROA has shown mixed performance, with periods of strength and some fluctuations, suggesting varying levels of operational effectiveness over the years.
Peer comparison
Dec 31, 2024