DailyIQ

MUSA Earnings

Company • Q3 2026 earnings report

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Report date
-
Timing
-
Period
2026Q3
EPS EstimateEPS ActualRevenue EstimateRevenue Actual
- Not available yet - Not available yet
Actuals update automatically shortly after the company reports.
MUSA|EarningsMUSA

MUSA Financials

Full financials →
55/ 100
Moderately positive
Verdict: Neutral
Revenue declining year over year
Operating Margin
3.7%
Net Margin
2.4%
FCF Margin
1.9%
Revenue CAGR
0.2%
Current Ratio
0.8x
Debt / Equity
3.49x
Return on Equity
75.5%
Return on Assets
10%

Financial Statements

Line Item
Q4 '25
Q3 '25
Q2 '25
Q1 '25
Q4 '24
Q3 '24
Q2 '24
Q1 '24
Q4 '23
Q3 '23
Q2 '23
Q1 '23
Income Statement
Revenue
$4.74B 0.7%
$5.11B 2.5%
$5.00B 8.2%
$4.53B 6.6%
$4.71B
$5.24B 9.6%
$5.45B 2.4%
$4.84B 4.6%
$5.80B
$5.59B
$5.08B
Cost of Revenue
Operating Income
$209.50M 5.3%
$201.80M 8.9%
$219.20M 1.0%
$88.00M 16.3%
$199.00M 8.4%
$221.60M 10.4%
$217.10M 9.3%
$105.20M 35.4%
$217.20M
$247.30M
$198.70M
$162.80M
SG&A Expense
$65.20M 20.3%
$55.30M 7.8%
$50.90M 13.9%
$60.10M 3.2%
$54.20M 12.7%
$60.00M 0.0%
$59.10M 0.5%
$62.10M 5.3%
$62.10M
$60.00M
$59.40M
$59.00M
Interest Expense
$28.60M 24.9%
$29.10M 19.3%
$27.80M 11.6%
$25.40M 2.0%
$22.90M
$24.40M 0.8%
$24.90M 0.4%
$24.90M 0.0%
$24.60M
$25.00M
$24.90M
Pretax Income
$181.40M 2.0%
$173.40M 12.7%
$192.50M 0.4%
$61.90M 24.4%
$177.80M 9.4%
$198.70M 11.1%
$193.20M 10.0%
$81.90M 41.1%
$196.30M
$223.40M
$175.70M
$139.00M
Income Tax Expense
$39.50M 11.9%
$43.50M 12.1%
$46.90M 3.1%
$8.70M 45.3%
$35.30M 23.8%
$49.50M 11.1%
$48.40M 12.8%
$15.90M 51.4%
$46.30M
$55.70M
$42.90M
$32.70M
Net Income
$141.90M 0.4%
$129.90M 12.9%
$145.60M 0.6%
$53.20M 19.4%
$142.50M 5.0%
$149.20M 11.0%
$144.80M 9.0%
$66.00M 37.9%
$150.00M
$167.70M
$132.80M
$106.30M
Comprehensive Income
$141.90M 0.4%
$129.90M 12.9%
$145.60M 0.6%
$53.20M 19.4%
$142.50M 5.0%
$149.20M 11.1%
$144.80M 8.9%
$66.00M 38.0%
$150.00M
$167.80M
$133.00M
$106.50M
EPS (Basic)
$7.44 6.6%
$6.83 6.4%
$7.44 6.0%
$2.67 15.8%
$6.98 1.3%
$7.30 6.8%
$7.02 14.7%
$3.17 35.2%
$7.07
$7.83
$6.12
$4.89
EPS (Diluted)
$7.35 7.0%
$6.76 6.1%
$7.36 6.4%
$2.63 15.7%
$6.87 1.6%
$7.20 6.4%
$6.92 15.0%
$3.12 35.0%
$6.98
$7.69
$6.02
$4.80
Weighted Avg Shares (Basic)
-39.20M 5.2%
19.03M 6.9%
19.55M 5.3%
19.93M 4.3%
-41.36M 4.5%
20.44M 4.5%
20.64M 4.8%
20.81M 4.3%
-43.33M
21.40M
21.69M
21.74M
Weighted Avg Shares (Diluted)
-39.67M 5.5%
19.23M 7.2%
19.77M 5.5%
20.20M 4.5%
-41.98M 4.9%
20.73M 4.8%
20.92M 5.1%
21.16M 4.4%
-44.13M
21.79M
22.05M
22.13M
Cash Flow
Operating Cash Flow
$245.50M 1.3%
$184.80M 8.6%
$255.10M 2.2%
$128.50M 5.5%
$248.70M 8.9%
$202.10M 6.4%
$260.80M 52.3%
$136.00M 9.2%
$273.10M
$190.00M
$171.20M
$149.70M
Capital Expenditures
$116.70M 8.1%
$117.10M 14.5%
$118.00M 0.0%
$87.80M 15.2%
$127.00M 14.4%
$136.90M 72.4%
$118.00M 62.8%
$76.20M 4.8%
$111.00M
$79.40M
$72.50M
$72.70M
Free Cash Flow
$128.80M 5.8%
$67.70M 3.8%
$137.10M 4.0%
$40.70M 31.9%
$121.70M 24.9%
$65.20M 41.0%
$142.80M 44.7%
$59.80M 22.3%
$162.10M
$110.60M
$98.70M
$77.00M
Investing Cash Flow
-$114.80M 8.1%
-$116.90M 11.1%
-$116.60M 1.8%
-$87.70M 17.1%
-$124.90M 17.2%
-$131.50M 76.0%
-$114.50M 56.2%
-$74.90M 8.6%
-$106.60M
-$74.70M
-$73.30M
-$69.00M
Financing Cash Flow
-$144.60M 11.8%
-$79.20M 19.1%
-$133.80M 8.6%
-$38.40M 68.6%
-$129.30M 25.5%
-$97.90M 17.4%
-$123.20M 15.0%
-$122.20M 212.5%
-$173.50M
-$83.40M
-$107.10M
-$39.10M
Dividends Paid
$11.80M 21.6%
$10.10M 9.8%
$9.80M 7.7%
$9.80M 11.4%
$9.70M 11.5%
$9.20M 9.5%
$9.10M 11.0%
$8.80M 8.6%
$8.70M
$8.40M
$8.20M
$8.10M
Balance Sheet
Total Assets
$4.73B 4.1%
$4.68B 6.2%
$4.62B 4.3%
$4.50B 4.5%
$4.54B 4.6%
$4.40B 2.3%
$4.43B 5.4%
$4.31B 4.6%
$4.34B
$4.31B
$4.20B
$4.12B
Current Assets
$747.80M 0.0%
$763.30M 10.8%
$776.40M 5.3%
$716.40M 6.7%
$748.10M 9.5%
$689.10M 18.0%
$820.10M 7.5%
$767.70M 7.9%
$826.50M
$840.30M
$763.20M
$711.30M
Cash & Equivalents
$28.90M 38.5%
$42.80M 18.5%
$54.10M 32.2%
$49.40M 12.9%
$47.00M 60.1%
$52.50M 57.9%
$79.80M 14.1%
$56.70M 44.5%
$117.80M
$124.80M
$92.90M
$102.10M
Accounts Receivable
$276.20M 2.9%
$304.10M 15.8%
$296.30M 23.3%
$272.10M 28.5%
$268.50M 20.3%
$262.60M 23.7%
$386.50M 42.8%
$380.50M 43.7%
$336.70M
$344.20M
$270.70M
$264.70M
Inventory
$413.00M 2.8%
$387.20M 13.5%
$397.50M 25.8%
$364.40M 24.5%
$401.60M 17.7%
$341.20M 1.7%
$315.90M 9.7%
$292.70M 3.6%
$341.20M
$335.40M
$349.90M
$303.60M
Goodwill
$328.00M 0.0%
$328.00M 0.0%
$328.00M 0.0%
$328.00M 0.0%
$328.00M 0.0%
$328.00M 0.0%
$328.00M 0.0%
$328.00M 0.0%
$328.00M
$328.00M
$328.00M
$328.00M
Intangible Assets
$139.30M 0.1%
$139.40M 0.1%
$139.40M 0.1%
$139.50M 0.1%
$139.50M 0.2%
$139.60M 0.2%
$139.60M 0.4%
$139.70M 0.4%
$139.80M
$139.90M
$140.20M
$140.30M
Total Liabilities
$4.10B 10.8%
$4.13B 15.6%
$3.98B 9.9%
$3.78B 7.3%
$3.70B 5.4%
$3.57B 3.2%
$3.62B 4.8%
$3.53B 3.6%
$3.51B
$3.46B
$3.45B
$3.40B
Current Liabilities
$929.10M 2.0%
$940.20M 9.5%
$976.10M 0.6%
$891.80M 0.8%
$947.90M 8.6%
$858.80M 3.8%
$970.70M 19.1%
$884.70M 14.6%
$872.80M
$827.20M
$815.30M
$772.00M
Long-Term Debt
$2.16B 18.1%
$2.22B 22.1%
$2.07B 16.0%
$1.97B 10.7%
$1.83B 2.7%
$1.82B 1.9%
$1.78B 0.3%
$1.78B 0.4%
$1.78B
$1.79B
$1.79B
$1.79B
Short-Term Debt
Total Equity
$623.50M 25.8%
$546.00M 34.2%
$646.10M 20.4%
$719.60M 7.9%
$840.10M 1.4%
$830.10M 1.7%
$811.30M 8.1%
$781.60M 9.0%
$828.90M
$844.10M
$750.80M
$716.80M
Retained Earnings
$4.17B 11.5%
$4.04B 11.9%
$3.92B 13.0%
$3.79B 13.5%
$3.74B 14.2%
$3.61B 15.1%
$3.47B 16.6%
$3.34B 16.9%
$3.28B
$3.14B
$2.98B
$2.85B
Treasury Stock
$4.03B 18.9%
$3.97B 21.4%
$3.75B 19.3%
$3.53B 16.5%
$3.39B 14.7%
$3.27B 16.8%
$3.14B 14.9%
$3.03B 15.0%
$2.96B
$2.80B
$2.73B
$2.64B
Shares Outstanding

Recent News Coverage

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What Typically Drives Post-Earnings Stock Moves

EarningsReleasedTime →Stock PriceBeatMissPre-earnings drift

Stock prices after earnings announcements are driven by expectations vs. reality. If the market expected a company to report $3.00 EPS and it reports $3.10, the stock may rally - but if expectations were $3.20, the same $3.10 result could trigger a selloff. This is why understanding consensus estimates (the average of all analyst predictions) is crucial. Stocks don't move on absolute performance; they move on performance relative to what was already priced in.

Beyond the headline numbers, investors focus heavily on forward guidance. Guidance is management's prediction for the next quarter or full year. A company that beats current earnings but lowers future guidance will often see its stock fall, because the market values future cash flows more than past results. Conversely, a miss with raised guidance can rally the stock. This is why experienced investors listen to earnings calls and read guidance statements - not just the press release headlines.

Profit margins are another critical driver. If a company grows revenue but margins shrink, it suggests pricing pressure or rising costs. Investors prefer expanding margins, which indicate pricing power and operational efficiency. For example, a company reporting 20% revenue growth with flat margins is less impressive than 10% growth with expanding margins. The latter signals a sustainable, high-quality business model.

Finally, market positioning and sector trends matter. During a bull market, stocks often rise on mediocre earnings because investor sentiment is positive. During bear markets, even strong earnings may not prevent selloffs. Additionally, if peers in the same industry are reporting weak results, a company's strong report might be viewed as an outlier rather than a trend. Always consider the broader market context and sector health when interpreting earnings reactions.

How to Interpret This Earnings Report

Earnings reports are the financial scorecards that companies release every quarter. They contain two critical metrics: Earnings Per Share (EPS) and Revenue. EPS represents the company's profit divided by the number of outstanding shares - essentially, how much money the company made for each share of stock. Revenue is the total money the company brought in before expenses. Both metrics are compared against analyst estimates to determine if the company "beat" or "missed" expectations.

When you see "EPS Estimate" vs. "EPS Actual," you're comparing what Wall Street analysts predicted versus what the company actually delivered. A company that reports EPS of $2.50 when estimates were $2.30 has beaten earnings by $0.20 per share. This often triggers a positive stock reaction, but not always. The market cares equally about revenue growth, future guidance, and profit margins. A company can beat EPS estimates while missing revenue targets, which suggests they cut costs rather than grew sales - a less sustainable path.

Understanding year-over-year (YoY) vs. quarter-over-quarter (QoQ) comparisons is critical. YoY compares this quarter to the same quarter last year, accounting for seasonal business patterns. QoQ compares consecutive quarters and reveals short-term momentum. For example, a retailer's Q4 (holiday season) will always be stronger than Q1 - so comparing Q4 to Q1 is misleading. Always focus on YoY growth for long-term trends and QoQ for recent acceleration or deceleration.

Finally, remember that initial market reactions can be misleading. Stocks sometimes fall on earnings beats because investors were expecting an even larger beat, or because forward guidance disappointed. Conversely, stocks can rise on earnings misses if the company provided optimistic future projections or if the miss was smaller than feared. The key is to focus on fundamentals: Is revenue growing? Are profit margins expanding? Is the company gaining or losing market share? These factors matter far more than a single quarter's results.