Murphy USA Inc. (MUSA)
NYSE: MUSA · Real-Time Price · USD
534.95
-5.05 (-0.94%)
At close: Oct 30, 2026, 4:00 PM EDT
533.82
-1.13 (-0.21%)
After-hours: Oct 30, 2026, 7:30 PM EDT
Murphy USA Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 663.3 | 470.6 | 502.5 | 556.8 | 672.9 | 396.9 |
Depreciation & Amortization | 295.7 | 280.2 | 251.2 | 231.7 | 223.1 | 215.1 |
Loss (Gain) From Sale of Assets | 1.6 | 2.8 | 4.5 | 0.8 | -2.1 | -1.5 |
Asset Writedown & Restructuring Costs | -3.5 | 10.9 | 8.2 | - | - | - |
Loss (Gain) From Sale of Investments | -0.1 | - | -0.2 | -0.4 | -0.1 | - |
Other Operating Activities | 68.5 | 82.5 | 48.6 | 37.2 | 56.1 | 44.1 |
Change in Accounts Receivable | -8.1 | -8.1 | 65.4 | -56.3 | -84.7 | -18.9 |
Change in Inventory | -11.4 | -11.4 | -60.2 | -22.1 | -26.9 | 11.1 |
Change in Accounts Payable | -4.3 | -4.3 | -3.9 | -12 | 180.1 | 102.9 |
Change in Income Taxes | -12.9 | -12.9 | 34.6 | 23.1 | - | -8.7 |
Change in Other Net Operating Assets | 159.8 | 3.6 | -3.1 | 25.2 | -23.7 | -3.6 |
Operating Cash Flow | 1,149 | 813.9 | 847.6 | 784 | 994.7 | 737.4 |
Operating Cash Flow Growth | 40.57% | -3.98% | 8.11% | -21.18% | 34.89% | 30.81% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -481.1 | -439.6 | -458.1 | -335.6 | -305.3 | -274.7 |
Sale of Property, Plant & Equipment | 1.8 | 2.4 | 2 | 2.4 | 8.8 | 3.4 |
Cash Acquisitions | - | - | - | - | - | -641.1 |
Investment in Securities | -34.2 | - | 11.5 | 11.2 | -22.2 | - |
Other Investing Activities | 12.5 | 1.2 | -1.2 | -1.6 | -0.6 | -1.8 |
Investing Cash Flow | -501 | -436 | -445.8 | -323.6 | -319.3 | -914.2 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 2,982 | 707 | 8 | 5 | 892.8 |
Long-Term Debt Repaid | - | -2,654 | -666.7 | -23.4 | -20.2 | -224.3 |
Net Debt Issued (Repaid) | -68.1 | 327.9 | 40.3 | -15.4 | -15.2 | 668.5 |
Repurchase of Common Stock | -375.9 | -649.9 | -445.7 | -333.2 | -806.4 | -355 |
Common Dividends Paid | -47.2 | -41.5 | -36.8 | -33.4 | -29.9 | -27.3 |
Other Financing Activities | -37.4 | -32.5 | -30.4 | -21.1 | -19.8 | -16.6 |
Financing Cash Flow | -528.6 | -396 | -472.6 | -403.1 | -871.3 | 269.6 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 119 | -18.1 | -70.8 | 57.3 | -195.9 | 92.8 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 667.5 | 374.3 | 389.5 | 448.4 | 689.4 | 462.7 |
Free Cash Flow Growth | 81.78% | -3.90% | -13.14% | -34.96% | 48.99% | 38.95% |
Free Cash Flow Margin | 3.20% | 2.20% | 2.17% | 2.33% | 3.24% | 3.02% |
Free Cash Flow Per Share | 35.83 | 19.17 | 18.69 | 20.53 | 28.79 | 17.39 |
Levered Free Cash Flow | 533.31 | 219.89 | 300.86 | 336.89 | 524.86 | 406.66 |
Unlevered Free Cash Flow | 605.38 | 289.2 | 361.55 | 398.45 | 578.18 | 458.16 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 105.1 | 105.1 | 93.1 | 92.3 | 81.6 | 70.8 |
Cash Income Tax Paid | 101 | 101 | 109.5 | 128 | 199.7 | 120.4 |
Change in Working Capital | 123.1 | -33.1 | 32.8 | -42.1 | 44.8 | 82.8 |