Murphy USA Inc (MUSA) — Capital Reinvestment Ratio
Murphy USA Inc (MUSA) has a Capital Reinvestment Ratio of 0.48x as of December 2025, meaning it reinvests 0% of its operating cash flow ($245.50 Million) in capital expenditures ($116.70 Million). Check MUSA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Murphy USA Inc Capital Reinvestment Ratio (2010–2025)
This chart tracks Murphy USA Inc's Capital Reinvestment Ratio across 16 annual periods. For the full cash flow conversion analysis, see Murphy USA Inc cash flow conversion.
Annual Capital Reinvestment Ratio for Murphy USA Inc (2010–2025)
Year-by-year Capital Reinvestment Ratio for Murphy USA Inc from 2010 to 2025. See Murphy USA Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.54x | $813.90 Million | $439.60 Million | ▼ -0.1% |
| 2024 | 0.54x | $847.60 Million | $458.10 Million | ▲ +26.3% |
| 2023 | 0.43x | $784.00 Million | $335.60 Million | ▲ +39.5% |
| 2022 | 0.31x | $994.70 Million | $305.30 Million | ▼ -17.6% |
| 2021 | 0.37x | $737.40 Million | $274.70 Million | ▼ -9.0% |
| 2020 | 0.41x | $563.70 Million | $230.70 Million | ▼ -37.4% |
| 2019 | 0.65x | $313.30 Million | $204.80 Million | ▲ +27.6% |
| 2018 | 0.51x | $398.70 Million | $204.30 Million | ▼ -43.7% |
| 2017 | 0.91x | $283.62 Million | $258.26 Million | ▲ +17.2% |
| 2016 | 0.78x | $337.40 Million | $262.10 Million | ▼ -18.3% |
| 2015 | 0.95x | $215.84 Million | $205.22 Million | ▲ +114.7% |
| 2014 | 0.44x | $305.58 Million | $135.34 Million | ▼ -4.0% |
| 2013 | 0.46x | $356.70 Million | $164.54 Million | ▼ -1.9% |
| 2012 | 0.47x | $237.43 Million | $111.59 Million | ▼ -11.3% |
| 2011 | 0.53x | $188.37 Million | $99.82 Million | ▼ -15.1% |
| 2010 | 0.62x | $355.88 Million | $222.00 Million | — |