MUSA Historical PE Ratio Notes

— Murphy USA (ticker symbol MUSA) operates a large network of retail fuel stations primarily located adjacent to Walmart stores across the United States. The company focuses on selling gasoline & convenience items, relying on high customer volumes & price competitiveness rather than high margins. MUSA's revenues are highly sensitive to fluctuations in fuel prices, consumer demand, & the competitive landscape, all of which can impact its profitability & thus its historical earnings figures. As you review historical price, earnings, and PE ratio charts, remember that MUSA's PE ratio often reflects both these external commodity-driven risks & the relatively consistent, though low-margin, earnings profile typical of fuel retailers. During periods of stable fuel costs or higher consumer driving trends, earnings may rise, leading to a lower PE ratio if the stock price doesn't jump as quickly. Conversely, volatile oil markets or recessions can squeeze profits, sometimes resulting in a higher PE ratio as the Ȁb“E” in the equation shrinks. Understanding Murphy USA's operational structure & exposure to energy market cycles is key to interpreting the significance of its historical PE ratios.

On this page we presented the Murphy USA Historical PE Ratio information for Murphy USA' stock. The average MUSA historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 20.2. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average MUSA historical PE based on this TTM earnings result method is 15.2. Note: any PE calculations resulting in a value exceeding 500 were discarded as not meaningful.

Let's now compare this MUSA historical PE result, against the recent PE: when this page was posted on 5/8/2026, the most recent closing price for MUSA had been 577.87, and the most recent quarterly earnings result, annualized, was 29.12. Meanwhile, the most recent TTM earnings summed to 29.42. From these numbers, we calculate the recent MUSA PE on 5/8/2026 based on annualized quarterly EPS was 19.8. Based on MUSA's history, that recent PE is low relative to the historical average, with the recent PE 2.0% lower than the historical average PE across our data set for Murphy USA. Looking at the recent MUSA PE on 5/8/2026 based on TTM EPS, we calculate the ratio at 19.6. Based on MUSA's history, that recent PE is elevated relative to the historical average, with the recent PE 28.9% higher than the historical average PE across our Murphy USA data set with TTM EPS used in the calculation at each period.

Another interesting MUSA historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for MUSA, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for MUSA, we start with the past four EPS numbers and we first sort them from lowest to highest: 7.25, 7.28, 7.36, and 7.53. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 7.28 and 7.36 — which gives us the median of 7.32. Basically the way to think about this 7.32 number is this: for the trailing four earnings reports, 7.32 marks the "middle ground" number where MUSA has reported a value higher than 7.32 half the time, and has reported a value lower than 7.32 half the time. Annualizing that median value then gets us to 29.28/share, which we use as the denominator in our next PE calculation. With 577.87 as the numerator (as of 5/8/2026), the calculation is then 577.87 / 29.28 = 19.7 as the MUSA PE ratio as of 5/8/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on MUSA or any other given stock, valuation analysis for MUSA can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Murphy USA PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for MUSA. Thanks for visiting, and the next time you need to research MUSA Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.