Filing Flows › Murphy USA (MUSA) › Operating margin
Murphy USA (MUSA) operating margin by quarter
Murphy USA's operating margin was 3.8% in Q3 2026 (third quarter 2026), -0.7 pts from Q2 2026. Over the last 7 quarters it ranged from 1.9% (Q1 2025) to 4.5% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 3.8% | -0.7 pts | -0.2 pts |
| Q2 2026 | 4.5% | +0.2 pts | +0.1 pts |
| Q1 2026 | 4.3% | -0.2 pts | +2.3 pts |
| Q4 2025 | 4.4% | +0.5 pts | — |
| Q3 2025 | 3.9% | -0.4 pts | — |
| Q2 2025 | 4.4% | +2.4 pts | — |
| Q1 2025 | 1.9% | — | — |
Q3 2026 at a glance
Murphy USA, Q3 2026: revenue $6.9B (+35% year over year), operating margin 3.8%, net earnings $176M, operating cash flow $348M. The chart follows the revenue to costs, profit and cash.
Questions
What is Murphy USA's operating margin?
Murphy USA's operating margin was 3.8% in Q3 2026 (third quarter 2026), -0.7 pts from Q2 2026.
How has Murphy USA's operating margin changed?
Over the last 7 quarters it ranged from 1.9% (Q1 2025) to 4.5% (Q2 2026).