Murphy USA Inc (MUSA)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 87.16% | 87.28% | 87.62% | 88.45% | 88.67% | 88.65% | 88.05% | 86.79% | 85.83% | 84.65% | 83.27% | 81.76% | 81.39% | 86.46% | 87.07% | 87.57% | 87.67% | 87.81% | 88.23% | 63.62% |
| Operating profit margin | 3.84% | 3.59% | 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% | 1.91% | 2.19% | 1.81% | 1.99% |
| Pretax margin | 3.41% | 3.16% | 3.41% | 3.51% | 3.77% | 3.82% | 3.39% | 3.43% | 3.01% | 2.99% | 3.01% | 4.01% | 4.52% | 4.13% | 3.89% | 2.22% | 1.44% | 1.71% | 1.45% | 1.63% |
| Net profit margin | 2.59% | 2.40% | 2.59% | 2.68% | 2.87% | 2.91% | 2.58% | 2.61% | 2.29% | 2.26% | 2.28% | 3.03% | 3.43% | 3.14% | 2.96% | 1.69% | 1.10% | 1.31% | 1.13% | 1.26% |
Murphy USA Inc's profitability ratios show a consistent trend over the past eight quarters. The gross profit margin has been relatively stable, ranging from 10.13% to 10.75%, indicating that the company has been able to effectively manage its cost of goods sold.
The operating profit margin has also shown stability, fluctuating between 3.58% and 4.18%. This indicates that the company has been efficient in managing its operating expenses while generating revenue.
Similarly, the pretax margin has remained relatively consistent, varying between 3.16% and 3.82%. This suggests that the company has been successful in controlling its interest expenses and other costs before taxes.
Finally, the net profit margin has shown a downward trend over the quarters, decreasing from 2.87% to 2.59%. This may indicate increasing costs or lower revenue generation relative to the company's net income. Overall, Murphy USA Inc's profitability ratios reflect stable gross and operating margins, with some fluctuations in pretax and net profit margins that may warrant further investigation.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 19.03% | 18.17% | 20.14% | 22.10% | 23.49% | 23.11% | 19.02% | 17.36% | 14.92% | 13.08% | 11.98% | 13.13% | 20.81% | 19.37% | 19.59% | 14.74% | 9.99% | 11.77% | 10.01% | 11.33% |
| Return on assets (ROA) | 12.83% | 12.18% | 13.71% | 15.22% | 16.32% | 16.06% | 13.00% | 11.74% | 9.80% | 8.53% | 7.83% | 8.85% | 14.38% | 13.37% | 13.11% | 9.24% | 5.76% | 7.06% | 6.24% | 7.17% |
| Return on total capital | 100.48% | 31.29% | 35.16% | 38.20% | 41.88% | 39.15% | 32.87% | 29.60% | 24.36% | 21.47% | 19.69% | 21.37% | 31.40% | 28.37% | 28.18% | 20.63% | 13.98% | 16.78% | 15.56% | 17.26% |
| Return on equity (ROE) | 67.17% | 62.14% | 76.76% | 87.44% | 105.03% | 86.68% | 71.92% | 62.41% | 49.17% | 42.33% | 41.17% | 45.11% | 49.24% | 41.61% | 40.85% | 31.98% | 19.28% | 23.71% | 19.66% | 22.51% |
Murphy USA Inc's profitability ratios show a positive trend over the quarters analyzed. The operating return on assets (Operating ROA) has been relatively high, ranging from 17.37% to 23.47%, indicating that the company efficiently generates profits from its assets before interest and taxes.
The Return on Assets (ROA) has also demonstrated a consistent performance, with values ranging from 11.74% to 16.32%. This metric reflects the company's ability to generate earnings from its total assets, both financial and operational, showing stable profitability levels.
Furthermore, the Return on Total Capital has shown an increasing trend, ranging from 28.06% to 39.54%. This metric highlights the return generated from all sources of capital employed by the company, including debt and equity, showing an improvement in the efficiency of capital utilization.
The Return on Equity (ROE) has displayed significant growth over the quarters, ranging from 62.41% to 105.03%. This indicates that the company is effectively utilizing shareholders' equity to generate profits, resulting in a high return to equity investors.
Overall, Murphy USA Inc's profitability ratios reflect a consistent and positive performance, demonstrating the company's ability to efficiently utilize its assets, total capital, and equity to generate profits over the periods evaluated.