Murphy USA Inc (MUSA)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 651,600 670,100 694,800 677,300 734,400 689,500 756,800 822,400 883,800 873,300 720,300 649,000 521,900 461,700 412,100 465,100 509,100 490,300 493,500 313,800
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
Pretax margin 3.22% 3.25% 3.28% 3.18% 3.41% 3.16% 3.41% 3.51% 3.77% 3.82% 3.39% 3.43% 3.01% 2.99% 3.01% 4.00% 4.52% 4.13% 3.89% 2.23%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $651,600K ÷ $20,244,300K
= 3.22%

Murphy USA Inc's pretax margin has shown fluctuations over the period analyzed. The trend indicates that the pretax margin has generally increased from March 2020 to December 2020, reaching a peak of 4.52%. However, there was a slight decrease in the following periods up to March 2021. Subsequently, the pretax margin experienced fluctuations but maintained levels above 3%, indicating reasonable profitability before taxes. Overall, the company's pretax margin remained relatively stable around 3-4% from March 2021 to December 2024. It is essential for investors and stakeholders to monitor these trends to assess the company's operational efficiency and profitability.