MUSA
Murphy USA
PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: MUSA
- PE Ratio
The PE ratio for Murphy USA stock stands at 18.89 as of Jun 22, 2026. This takes into account the latest EPS of $29.18 and stock price of $551.32. An increase of 14% has been observed in the PE ratio compared to its average of 16.6 of the last four quarters.
MUSA PE ratio history
Over the last ten years, the average PE ratio of Murphy USA has been 13.89. The current 18.89 P/E ratio is 36% higher than the historical average. Looking back at the last ten years, MUSA's PE ratio peaked in the Dec 2019 quarter at 23.88, with a price of $117 and an EPS of $4.9. The Mar 2018 quarter marked the lowest point at 8.94, with a price of $72.8 and an EPS of $8.14.
Murphy USA PE ratio by year
Maximum annual increase: 103.75% in 2019
Maximum annual decrease: -58.63% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 16.55 | -19.27% | $403.52 | $24.38 |
| 2024 | 20.5 | 48.98% | $501.75 | $24.47 |
| 2023 | 13.76 | 40.98% | $356.56 | $25.91 |
| 2022 | 9.76 | -25.84% | $279.54 | $28.63 |
| 2021 | 13.16 | 33.2% | $199.24 | $15.14 |
| 2020 | 9.88 | -58.63% | $130.87 | $13.25 |
| 2019 | 23.88 | 103.75% | $117 | $4.9 |
| 2018 | 11.72 | -0.09% | $76.64 | $6.54 |
| 2017 | 11.73 | 7.61% | $80.36 | $6.85 |
| 2016 | 10.9 | -27.14% | $61.47 | $5.64 |
| 2015 | 14.96 | 14.9% | $60.74 | $4.06 |
| 2014 | 13.02 | 57.63% | $68.86 | $5.29 |
| 2013 | 8.26 | N/A | $41.56 | $5.03 |
| 2012 | N/A | N/A | N/A | $1.79 |
| 2011 | N/A | N/A | N/A | $6.93 |
Murphy USA PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 16.93 | 2.3% | $493.97 | $29.18 |
| Dec 2025 | 16.55 | 2.22% | $403.52 | $24.38 |
| Sep 2025 | 16.19 | -2.7% | $388.26 | $23.98 |
| Jun 2025 | 16.64 | -14.88% | $406.8 | $24.45 |
| Mar 2025 | 19.55 | -4.63% | $469.81 | $24.03 |
| Dec 2024 | 20.5 | 2.3% | $501.75 | $24.47 |
| Sep 2024 | 20.04 | 7.28% | $492.87 | $24.6 |
| Jun 2024 | 18.68 | 7.98% | $469.46 | $25.13 |
| Mar 2024 | 17.3 | 25.73% | $419.2 | $24.23 |
| Dec 2023 | 13.76 | -2.13% | $356.56 | $25.91 |
| Sep 2023 | 14.06 | 17.17% | $341.73 | $24.3 |
| Jun 2023 | 12 | 27.66% | $311.11 | $25.93 |
| Mar 2023 | 9.4 | -3.69% | $258.05 | $27.46 |
| Dec 2022 | 9.76 | -2.11% | $279.54 | $28.63 |
| Sep 2022 | 9.97 | -5.23% | $274.91 | $27.57 |
MUSA Price vs fair value
MUSA average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
MUSA's current PE ratio is higher than the 3, 5 and 10-year averages.
PE comparison
Murphy USA's price to earnings (P/E) of 18.89 is lower than the Consumer Cyclical sector and the industry average. In comparison with the Consumer Cyclical sector average of 20.67, Murphy USA's price to earnings (P/E) is 9% lower.
MUSA PE vs peers
In comparison to its peer CASY, MUSA's PE ratio is lower, but it is higher than VLO's and MPC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MPC Marathon Petroleum Corp | 16.3 | $72.71B |
| VLO Valero Energy Corp | 17.81 | $72.58B |
| MUSA Murphy USA Inc | 18.96 | $10.22B |
| CASY Caseys General Stores Inc | 43.01 | $30.68B |
| CLNE Clean Energy Fuels Corp | N/A | $385.39M |
Frequently asked questions
What is Murphy USA's PE ratio?
The price to earnings ratio for MUSA stock as of Jun 22, 2026, stands at 18.89.
What is the 3-year average PE ratio for Murphy USA (MUSA)?
The average PE ratio for MUSA stock over the past 3 years is 16.85.
What is the 5-year average PE ratio for Murphy USA (MUSA)?
The average PE ratio for MUSA stock over the past 5 years is 14.49.
What is the highest PE ratio for MUSA?
The highest quarterly PE ratio in the last ten years has been 23.88 and it was in the Dec 2019 quarter.
How does the current PE ratio for MUSA compare to its historical average?
MUSA's price to earnings ratio is currently 36% above its 10-year historical average.
How is MUSA's PE ratio calculated (Murphy USA PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 22, 2026), Murphy USA's share price is $551.32. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $29.18. Therefore, Murphy USA's PE ratio for today is 18.89. PE RATIO(18.89) = STOCK PRICE($551.32) / TTM EPS($29.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.