Murphy USA Inc (MUSA)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 28.53% | 28.54% | 50.99% | 52.06% | 53.13% | 32.90% | 10.46% | 10.13% | 10.24% | 10.20% | 10.06% | 10.66% | 10.65% | 10.84% | 11.19% | 12.69% | 12.81% | 11.93% | 11.16% | 8.83% |
| 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% |
| 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% |
| Net profit margin | 2.48% | 2.48% | 2.50% | 2.43% | 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% |
Murphy USA Inc's profitability ratios have shown fluctuating trends over the past few years. The gross profit margin has ranged from as low as 8.83% to as high as 53.13% during the period under review. Despite some volatility, there seems to be an overall increase in the gross profit margin towards the end of the period.
The operating profit margin, on the other hand, has been relatively stable, with minor fluctuations ranging from 2.70% to 4.96%. This indicates that the company has been able to effectively manage its operating expenses to maintain a consistent level of profitability from its core business operations.
The pretax margin has exhibited a similar pattern to the operating profit margin, showing stability with fluctuations between 2.23% and 4.52%. This suggests that the company's ability to generate profits before taxes has been relatively steady, with some minor variations over time.
The net profit margin, representing the bottom line profitability after all expenses, has also displayed consistency with fluctuations between 1.69% and 3.43%. This indicates that, despite some variability in revenue and expenses, the company has managed to maintain a steady level of profitability at the net income level.
Overall, Murphy USA Inc's profitability ratios reflect a mix of stability and volatility in different aspects of its operations, with a general trend towards improved gross profit margins and consistent operating, pretax, and net profit margins over the period analyzed.
Return on investment
| 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 return on assets (Operating ROA) | 16.38% | 17.31% | 17.78% | 17.83% | 18.47% | 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% |
| Return on assets (ROA) | 11.06% | 11.58% | 11.93% | 11.99% | 12.45% | 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% |
| Return on total capital | 88.93% | 92.01% | 97.13% | 98.55% | 100.06% | 93.08% | 113.27% | 127.15% | 151.04% | 124.61% | 105.01% | 92.19% | 75.90% | 66.13% | 64.32% | 68.10% | 71.29% | 60.34% | 61.13% | 51.29% |
| Return on equity (ROE) | 59.81% | 61.44% | 65.14% | 66.08% | 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% |
Murphy USA Inc's profitability ratios show a positive trend over the period under review. The Operating Return on Assets (Operating ROA) has improved steadily from 14.74% as of March 31, 2020, to 23.49% by December 31, 2022. This metric indicates the company's ability to generate operating income from its assets.
Similarly, the Return on Assets (ROA) has shown an upward trajectory, starting at 9.24% in March 31, 2020, and reaching 11.06% by December 31, 2024. ROA reflects the company's efficiency in utilizing its assets to generate profits.
Return on Total Capital has experienced substantial growth, indicating strong returns on the capital employed by the company. The metric increased from 51.29% on March 31, 2020, to 88.93% by December 31, 2024. This signifies the company's ability to generate returns for both equity and debt holders.
Return on Equity (ROE) also displays a positive trend, climbing from 31.98% in March 31, 2020, to 59.81% by December 31, 2024. ROE highlights the profitability of the company from the perspective of its shareholders.
Overall, the improving profitability ratios demonstrate Murphy USA Inc's effective management of assets and capital, leading to enhanced returns for both its operational and financial activities.