Filing Flows › Murphy USA (MUSA) › Q1 2025
Murphy USA (MUSA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Murphy USA (MUSA) reported revenue of $4.5B for the first quarter 2025 (Q1 2025), -7% from a year earlier and -4% from the quarter before. Operating margin was 1.9%, net earnings $53.2M (1.2% of revenue).
Murphy USA, Q1 2025: revenue $4.5B (-7% year over year), operating margin 1.9%, net earnings $53.2M, operating cash flow $128M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5B | -4% | -7% |
| Operating profit | $88.0M | -56% | -16% |
| Net earnings | $53.2M | -63% | -19% |
| Operating cash flow | $128M | -48% | -6% |
| Free cash flow | $40.7M | -67% | -32% |
What changed
Revenue was $4.5B in Q1 2025, down 7% year over year and down 4% from the previous quarter. Petroleum product sales (at retail) was the largest line at 70% of revenue. Petroleum product sales (at retail) lost $0.27B year over year (down 8%), 86% of the total change.
Operating profit was $0.09B, a 1.9% margin (down 0.2 points year over year). Total costs fell 6% while revenue fell 7%. Net earnings were $0.05B, down 19% year over year. The effective tax rate was 14.1%.
Operating cash flow was $0.13B (down 6% year over year), 242% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Capital expenditures of $0.09B left free cash flow of $0.04B.
Questions
What was Murphy USA's revenue in the first quarter 2025?
Murphy USA (MUSA) reported revenue of $4.5B for the first quarter 2025 (Q1 2025), -7% from a year earlier and -4% from the quarter before.
Was Murphy USA profitable in the first quarter 2025?
Operating profit was $88.0M (1.9% of revenue) and net earnings $53.2M.
Source: Murphy USA 10-Q on SEC EDGAR.