MUSA (Murphy USA) EBIT: $838 Mil (TTM As of Mar. 2026)

What is Murphy USA EBIT?

Murphy USA MUSA -0.42% 83 EBIT is $838 Mil as of Mar. 2026. GuruFocus rates MUSA with a GF Score™ of 83/100 and a GF Value™ of $456.72 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Murphy USA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $205 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $838 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Murphy USA's annualized ROC % for the quarter that ended in Mar. 2026 was 15.66%. Murphy USA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Murphy USA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.87%.

Murphy USA (NYSE:MUSA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Murphy USA's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	819.6 * ( 1 - 22.64% )	/	( (4081.3	+	4014.5)	/ 2 )
=	634.04256	/	4047.9
=	15.66 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	4725.8	-	825.8	-	( 28.9	-	max(0, 929.1	-	747.8	+	28.9	))
=	4081.3

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	4866.4	-	1030.6	-	( 118.6	-	max(0, 1049.8	-	871.1	+	118.6	))
=	4014.5

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Murphy USA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	820.8	/	( ( (3489.1 + max(-165.4, 0))	+	(3504.9 + max(-278.1, 0)) )	/	2 )
=	820.8	/	( ( 3489.1	+	3504.9 )	/	2 )
=	820.8	/	3497
=	23.47 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(276.2	+	413	+	29.7)	-	(825.8	+	0	+	58.5)
=	-165.4

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(354.1	+	363.3	+	35.1)	-	(1030.6	+	0	+	0)
=	-278.1

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Murphy USA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	838	/	12203.240
	=	6.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Murphy USA EBIT Related Terms

Murphy USA EBIT Historical Data

* Premium members only.

The historical data trend for Murphy USA's EBIT can be seen below:

Murphy USA EBIT Chart

Murphy USA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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604.30

969.10

832.90

748.70

720.10

Murphy USA Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															87.30	220.30	202.50	210.00	205.20

MUSA vs GME, FIVE, BBWI: EBIT Comparison

For the Specialty Retail subindustry, Murphy USA's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Murphy USA EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Murphy USA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Murphy USA's EV-to-EBIT falls into.

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83GF Score

Murphy USA Inc MUSA

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Murphy USA EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $838 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $838 Mil mean?

Murphy USA (MUSA) has a EBIT of $838 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Murphy USA.

Is Murphy USA's EBIT too high?

Murphy USA's current EBIT is $838 Mil. Overall, Murphy USA has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Murphy USA's EBIT compare to GME and FIVE?

Murphy USA's EBIT of $838 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Retail - Cyclical company?

A good EBIT depends on the Retail - Cyclical industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Murphy USA. Murphy USA's current EBIT is $838 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Murphy USA stock overvalued right now?

Based on GuruFocus' analysis, Murphy USA (MUSA) is currently considered Modestly Overvalued. The stock's GF Value™ is $456.72, compared to a current price of $521.52 — trading 14.2% above its estimated fair value. The current EBIT is $838 Mil. Murphy USA's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Murphy USA (MUSA), the current EBIT is $838 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Murphy USA (MUSA) Overvalued in 2026?

Based on GuruFocus' analysis, Murphy USA stock appears to be overvalued. The current stock price of $521.52 is trading 14.2% above its estimated GF Value™ of $456.72. GuruFocus considers Murphy USA to be Modestly Overvalued.

Key valuation signals for MUSA:

EBIT: $838 Mil
GF Value™: $456.72 vs. price of $521.52 (14.2% above fair value)
GF Score™: 83/100 with 4 warning signs

No single metric tells the full story. See the MUSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Murphy USA Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies GME FIVE BBWI MNSO ASO RH BBY TSCO BOBS SVV TSX:ATD XJAM:ASBH CASY WSM ULTA DKS SHSE:601888 ADX:ADNOCDIST TPE:3045 XSWX:AVOL

Other Exchanges MUSA1:Mexico

Address 200 Peach Street, El Dorado, AR, USA, 71730-5836

Website https://www.murphyusa.com

Murphy USA Inc is mainly engaged in the marketing of retail motor fuel products and convenience merchandise through a network of several retail stores in the Southwest, Southeast, Midwest, and Northeast United States. The majority of Murphy USA's stores are located in proximity to Walmart Supercenters, but it also operates standalone stores that market gasoline and other products under the Murphy USA, Murphy Express, and QuickChek brands. In addition, the company also markets fuel to unbranded wholesale customers through a mixture of company-owned and third-party product distribution terminals and pipeline positions. The firm generates maximum revenue through retail sales of petroleum products, and the rest from merchandise sales and wholesale of petroleum products.

83GF Score

Get the complete analysis for MUSA

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$521.52

Price

$456.72

GF Value

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