Murphy USA Inc. (MUSA) Form 8-K — Oct 28, 2026
Murphy USA reported strong Q3 2026 results, with net income of $176.0 million ($9.59 diluted EPS) up from $129.9 million ($6.76 EPS) a year ago, and Adjusted EBITDA rising to $336.6 million from $285.1 million. The beat was driven by total fuel contribution of $479.4 million (up 24.6%), with RINs revenue more than doubling to $134.5 million and retail volumes up 3.3%, partially offset by a 2.8% decline in merchandise contribution. On capital returns, the company repurchased 287.1 thousand shares for $157.7 million during the quarter, completed its $1.5 billion 2023 authorization, and announced an 11% dividend increase to $0.72 per share for Q4.
Key figures
- Eps
- 9.59
- Net Income
- 176000000
- Revenue Yoy
- 34.8%
- Cash Position
- 161800000
- Shares Outstanding
- 18099913
- Rins q3
- $134.5 million vs $61.7 million
- Store count
- 1808
- Dividend paid q3
- $0.65/share, +22.6% YoY
- Dividend q4 2026
- $0.72/share (annualized $2.88), +11% vs Q3
- Effective tax rate
- 24.6% vs 25.1%
- Shares repurchased
- 287.1 thousand shares for $157.7 million at avg $549.22
- Retail volume growth
- 3.3%
- Eps diluted prior year
- 6.76
- Retail fuel margin cpg
- 27.4 cpg vs 28.3 cpg
- Adjusted ebitda q3 2025
- $285.1 million
- Adjusted ebitda q3 2026
- $336.6 million
- Merchandise contribution
- $234.5 million (-2.8%)
- Total fuel contribution cpg
- 37.0 cpg vs 30.7 cpg
- Buyback authorization remaining
- virtually all of $2.0 billion 2025 authorization, expires Dec 31, 2030
AI analysis
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