Quarterly ResultApr 29, 2026, 04:50 PM
MUSA Q1 Net Income +156% to $136.3M; EPS $7.28; Fuel Contrib +41%
AI Summary
Murphy USA Inc. reported strong first-quarter 2026 financial results, with net income increasing by 156.2% to $136.3 million, or $7.28 per diluted share, compared to the prior year. The company saw a significant 40.6% rise in total fuel contribution to $403.9 million, driven by higher margins and increased retail fuel volumes. Merchandise contribution also grew by 7.3% to $210.2 million. MUSA repurchased 169.0 thousand common shares for $70.9 million and paid a quarterly cash dividend of $0.63 per share. The company remains on track to open 45-55 new stores in 2026, with 6 opened in Q1.
Key Highlights
- Net income increased 156.2% to $136.3 million in Q1 2026 from $53.2 million in Q1 2025.
- Diluted EPS rose 177% to $7.28 in Q1 2026 from $2.63 in Q1 2025.
- Total fuel contribution grew 40.6% to $403.9 million, with 35.0 cpg in Q1 2026.
- Merchandise contribution increased 7.3% to $210.2 million on 20.0% unit margins.
- Repurchased 169.0 thousand common shares for $70.9 million at an average price of $419.87 per share.
- Paid a quarterly cash dividend of $0.63 per share, totaling $11.7 million.
- Opened 6 new stores in Q1 2026, targeting 45-55 new stores for the full year.
- Adjusted EBITDA increased 76.5% to $277.9 million in Q1 2026.