MUSA (Murphy USA) Asset Turnover: 1.01 (As of Mar. 2026)


MUSA Murphy USA Inc MUSA
83 GF Score
Price $560.75
GF Value $458.27
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Murphy USA Asset Turnover?

Murphy USA MUSA +0.35% 83 Asset Turnover is 1.01 as of Mar. 2026. GuruFocus rates MUSA with a GF Score™ of 83/100 and a GF Value™ of $458.27 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Murphy USA's Revenue for the three months ended in Mar. 2026 was $4,819 Mil. Murphy USA's Total Assets for the quarter that ended in Mar. 2026 was $4,796 Mil. Therefore, Murphy USA's Asset Turnover for the quarter that ended in Mar. 2026 was 1.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Murphy USA's annualized ROE % for the quarter that ended in Mar. 2026 was 85.04%. It is also linked to ROA % through Du Pont Formula. Murphy USA's annualized ROA % for the quarter that ended in Mar. 2026 was 11.37%.


Murphy USA  (NYSE:MUSA) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Murphy USA's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=545.2/641.1
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(545.2 / 19277.2)*(19277.2 / 4796.1)*(4796.1/ 641.1)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.83 %*4.0193*7.481
=ROA %*Equity Multiplier
=11.37 %*7.481
=85.04 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Murphy USA's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=545.2/4796.1
=(Net Income / Revenue)*(Revenue / Total Assets)
=(545.2 / 19277.2)*(19277.2 / 4796.1)
=Net Margin %*Asset Turnover
=2.83 %*4.0193
=11.37 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Murphy USA Asset Turnover Related Terms


Murphy USA Asset Turnover Historical Data

* Premium members only.

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

* 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 Asset Turnover Chart

Murphy USA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.16 5.74 5.09 4.56 4.18

Murphy USA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.10 1.10 1.01 1.01

MUSA vs GME, FIVE, BBWI: Asset Turnover Comparison

For the Specialty Retail subindustry, Murphy USA's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Retail - Cyclical Industry

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

* The bar in red indicates where Murphy USA's Asset Turnover falls into.


MUSA
83GF Score
Murphy USA Inc MUSA
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Murphy USA Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Murphy USA's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=19384/( (4541.6+4725.8)/ 2 )
=19384/4633.7
=4.18

Murphy USA's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=4819.3/( (4725.8+4866.4)/ 2 )
=4819.3/4796.1
=1.00

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 1.01 mean?
Murphy USA (MUSA) has a Asset Turnover of 1.01 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Murphy USA and its competitors.
Is Murphy USA's Asset Turnover too high?
Murphy USA's current Asset Turnover is 1.01. 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 Asset Turnover compare to GME and FIVE?
Murphy USA's Asset Turnover of 1.01 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 Asset Turnover for a Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Murphy USA and its competitors. Murphy USA's current Asset Turnover is 1.01. 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 $458.27, compared to a current price of $560.75 — trading 22.4% above its estimated fair value. The current Asset Turnover is 1.01. Murphy USA's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Murphy USA (MUSA), the current Asset Turnover is 1.01 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 $560.75 is trading 22.4% above its estimated GF Value™ of $458.27. GuruFocus considers Murphy USA to be Modestly Overvalued.

Key valuation signals for MUSA:

  • Asset Turnover: 1.01
  • GF Value™: $458.27 vs. price of $560.75 (22.4% above fair value)
  • GF Score™: 83/100 with 8 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

Other Exchanges MUSA1:Mexico
Address 200 Peach Street, El Dorado, AR, USA, 71730-5836
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

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

$560.75
Price
$458.27
GF Value