Murphy USA
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
14.4014.0613.7112.74
Price/Sales ratio
0.440.440.410.40
Earnings per Share (EPS)
$27.50$28.17$28.9$31.09

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
13.0114.9610.8911.7311.7223.879.8713.159.7613.7620.2411.72
Price/Sales ratio
0.180.200.200.220.170.260.330.300.280.350.490.17
Price/Book Value ratio
3.693.323.463.893.104.604.866.4610.259.2412.443.10
Price/Cash Flow ratio
10.3812.227.1510.146.2811.796.767.086.609.7711.846.28
Price/Free Cash Flow ratio
18.64341.5532.05113.4512.8834.0611.4411.289.5317.0923.7912.88
Price/Earnings Growth ratio
2.51-0.640.280.54-2.59-0.950.050.920.10-1.440.97-2.59
Dividend Yield
N/AN/AN/AN/AN/AN/A0.18%0.52%0.45%0.43%0.35%N/A
Profitability Indicator Ratios
Gross Profit Margin
6.19%7.54%8.76%8.27%7.58%8.02%12.80%10.65%10.23%95.28%28.54%7.58%
Operating Profit Margin
2.15%2.00%2.58%2.20%2.26%1.91%4.96%3.47%4.13%3.83%3.69%2.26%
Pretax Profit Margin
1.99%1.71%3.03%1.87%1.90%1.44%4.51%3.00%3.76%3.41%3.25%1.90%
Net Profit Margin
1.43%1.38%1.91%1.91%1.48%1.10%3.42%2.28%2.87%2.58%2.47%1.48%
Effective Tax Rate
34.29%36.96%37.08%-2.18%22.01%23.51%24.16%23.95%23.86%24.18%23.89%22.01%
Return on Assets
12.50%9.34%10.60%10.52%9.04%5.76%14.37%9.80%16.31%12.82%11.58%9.04%
Return On Equity
28.39%22.25%31.77%33.21%26.45%19.27%49.24%49.17%105.02%67.17%62.73%26.45%
Return on Capital Employed
23.78%17.05%19.04%15.75%17.26%12.30%25.94%17.90%29.62%23.82%21.50%17.26%
Liquidity Ratios
Current Ratio
1.611.111.001.151.191.401.17N/AN/AN/A0.801.40
Quick Ratio
1.290.710.700.800.720.950.650.700.470.550.400.95
Cash ratio
0.790.260.290.310.380.550.300.370.070.130.060.55
Days of Sales Outstanding
2.973.915.776.413.524.495.464.114.385.704.653.52
Days of Inventory outstanding
3.594.845.295.666.096.4310.376.875.53122.728.456.09
Operating Cycle
6.578.7611.0612.079.6110.9315.8410.999.91128.4213.119.61
Days of Payables Outstanding
5.207.0410.6910.537.557.949.699.239.49187.1319.347.55
Cash Conversion Cycle
1.371.710.371.532.052.996.141.750.42-58.70-6.232.99
Debt Ratios
Debt Ratio
0.250.250.320.370.360.380.370.440.430.380.410.36
Debt Equity Ratio
0.560.610.961.191.061.291.272.242.822.032.211.06
Long-term Debt to Capitalization
0.360.380.470.530.510.550.540.690.730.660.680.51
Total Debt to Capitalization
0.360.380.490.540.510.560.560.690.730.670.680.51
Interest Coverage Ratio
10.767.597.556.155.204.8810.92N/AN/AN/A7.765.20
Cash Flow to Debt Ratio
0.620.440.500.320.460.300.560.400.550.460.470.46
Company Equity Multiplier
2.272.382.993.152.923.343.425.016.435.235.302.92
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.010.010.020.020.020.020.050.040.040.030.040.02
Free Cash Flow / Operating Cash Flow Ratio
0.550.030.220.080.480.340.590.620.690.570.490.48
Cash Flow Coverage Ratio
0.620.440.500.320.460.300.560.400.550.460.470.46
Short Term Coverage Ratio
N/A972.248.3114.2618.808.0711.0049.1666.3152.2655.5418.80
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/A1.78%6.87%4.44%5.99%7.01%N/A