Murphy USA Inc.

Murphy USA Inc.

MUSAยทNYSE

$542.16

+5.1%
Consumer CyclicalSpecialty Retail

Murphy USA Inc. engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA, Murphy Express, and QuickChek brands. As of December 31, 2021, it operated 1,679 retail gasoline stores principally in the Southeast, Southwest, and Midwest United States. The company was founded in 1996 and is headquartered in El Dorado, Arkansas.

At a Glance

Live Snapshot
Market Cap$10.01B
EPS24.3800
P/E Ratio22.24
Earnings Date07/29/2026
Murphy USA Inc.

Murphy USA Inc. Fair Value Envelope

MUSA ยท NYSE

Our analysis suggests that MUSA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $542.16, this represents a potential HIDDEN relative to our calculated worth for Murphy USA Inc..

Intrinsic Value
Current Price: $542.16

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$7.9B
+ Cash & Equivalents$28.9M
Firm Value$7.9B
- Debt$3.3B
Equity Value$4.7B
/ Shares Outstanding19,682,499B
DCF Value$236
OVERVALUED BY 56%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$782.1M
$751.6M
$722.3M
$694.1M
$667.0M
$641.0M
$616.0M
$591.9M
$568.8M
$546.6M
Maintenance CapEx
-$84.5M
-$81.2M
-$78.0M
-$75.0M
-$72.1M
-$69.2M
-$66.5M
-$63.9M
-$61.4M
-$59.0M
Owner Earnings
$697.6M
$670.4M
$644.3M
$619.1M
$595.0M
$571.7M
$549.4M
$528.0M
$507.4M
$487.6M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$646.0M
$574.8M
$511.4M
$455.1M
$404.9M
$360.3M
$320.6M
$285.3M
$253.8M
$225.8M
Terminal Value represents 48.7% of Enterprise Value