Buyback Radar
Company reports

Murphy USA

MUSA

Murphy USA has retired 60.7% of its shares since 2013, from 46,743,633 to 18,380,347.

60.7%retired since 2013
28.3%last 5 years
1.9%last 12 months
18Mshares today

At $547.67 a share, a market value of $10.1B. FCF yield 5.4%, P/E 16.3, trailing twelve months to June 2026.

Shares outstanding, 2013 to todaysplit adjusted, from SEC filings
a quarter gone 2016half gone 202147M shares, 201318M201520202025
2013, 46,743,6332026-06-30, 18,380,347
A share bought in 2013
2.5× more of Murphy USA today, without buying another share. It was one of 46,743,633 shares then. It is one of 18,380,347 now.
Every filing we read13 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20132014-01-3146,743,63310-K
20142015-01-3145,748,41810-K
20152016-01-3141,678,87310-K
20162017-01-3136,898,92810-K
20172018-01-3133,867,49410-K
20182019-01-3132,261,72910-K
20192020-01-3130,460,11210-K
20202021-01-3127,248,59010-K
20212022-01-3124,832,79710-K
20222023-01-3121,700,94110-K
20232024-01-3120,806,62410-K
20242025-01-3120,016,22810-K
20252026-01-3118,535,34710-K

Source: all 10-K filings of Murphy USA on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

What the buybacks cost, fiscal 2014 to 2025cash flow statement against share count
$4.1Bspent on buybacks
28Mfewer shares outstanding
6.5%buyback yield, last fiscal year’s spend on today’s market value

Cash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $547.67.

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Murphy USA buybacks, answered

Is Murphy USA buying back its stock?

Yes. Murphy USA has 1.9% fewer shares outstanding than twelve months ago, 18,380,347 as of June 30, 2026. Over five years the share count is down 28.3%.

How many shares has Murphy USA bought back?

Net of every new share it issued, Murphy USA has 28.4 million fewer shares than at its 2013 peak. That is 60.7% of the company.

How many shares does Murphy USA have outstanding?

18,380,347 shares, as of June 30, 2026, from the cover page of its latest 10-Q. At the 2013 peak it had 46,743,633.

What do Murphy USA's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Murphy USA stock in 2013 owns 2.5 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does Murphy USA compare with other cannibal stocks?

Murphy USA ranks No. 40 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: GAP (60.9%), Seagate Technology (60.8%), Masco (59.6%), Kforce (59.5%).

Every answer is computed from Murphy USA's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.

Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

The story

The numbers say what happened. The story says whether it can continue. We cover companies like Murphy USA in depth on Cannibal Stocks.

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