Murphy OIL Corp key statistics and ratios

In fiscal 2025, Murphy OIL Corp had return on equity of 2.0%, an operating margin of 11.1%, debt equal to 27.1% of equity and a current ratio of 0.77. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Murphy OIL Corp: financial ratios, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Gross margin	—	—	—	—	—	—	—	—	—	—	—	100.0%	100.0%	95.6%	98.5%	99.9%	100.0%	—
Operating margin	—	—	—	—	—	—	−110.7%	−21.5%	−1.8%	12.0%	15.7%	−69.2%	12.2%	40.3%	30.1%	19.9%	11.1%	18.6%
Net margin	5.0%	4.0%	20.4%	21.0%	20.8%	16.5%	−77.2%	−15.2%	−21.6%	22.9%	40.6%	−58.4%	−3.2%	24.5%	19.1%	13.4%	3.8%	9.8%
Free-cash-flow margin	−0.0%	4.6%	−6.7%	−10.5%	0.9%	−11.5%	−46.5%	−18.0%	−20.5%	−14.6%	5.1%	40.8%	61.0%	52.2%	49.5%	56.8%	44.8%	50.4%
Return on equity	11.4%	10.3%	10.3%	11.0%	12.8%	10.5%	−32.7%	−5.4%	−6.5%	8.7%	22.3%	−23.7%	−1.8%	21.1%	12.8%	7.7%	2.0%	5.7%
Return on assets	6.6%	5.9%	6.2%	6.1%	6.4%	5.3%	−16.1%	−2.5%	−3.1%	3.9%	10.1%	−10.3%	−0.7%	9.4%	6.6%	4.2%	1.1%	2.9%
Asset turnover	1.32	1.48	0.30	0.29	0.31	0.32	0.21	0.17	0.14	0.17	0.25	0.18	0.22	0.38	0.34	0.31	0.28	0.30
Current ratio	1.55	1.21	1.22	1.21	1.09	1.04	0.83	1.04	1.64	1.04	1.03	1.40	0.76	0.77	0.89	0.83	0.77	0.85
Debt to equity	18.4%	11.5%	6.8%	25.1%	34.5%	34.8%	57.7%	60.9%	63.1%	64.4%	51.7%	70.9%	59.7%	36.7%	24.9%	24.7%	27.1%	29.5%
Interest cover (operating income ÷ interest)	—	—	—	—	—	—	n/m	n/m	n/m	1.2x	2.0x	n/m	1.3x	10.5x	9.3x	5.7x	3.1x	5.5x
Effective tax rate	42.2%	43.5%	53.8%	41.0%	39.7%	18.2%	—	—	—	—	7.2%	—	−13.7%	21.3%	21.3%	13.8%	24.4%	28.4%
SG&A as % of revenue	1.3%	1.3%	4.9%	5.4%	7.0%	6.6%	10.4%	13.6%	14.4%	11.5%	8.2%	7.1%	5.3%	3.3%	3.4%	3.6%	5.1%	4.8%
Capital spending as % of revenue	11.0%	11.0%	56.9%	76.7%	66.6%	67.2%	86.7%	51.2%	63.0%	56.5%	47.5%	0.0%	0.9%	3.3%	1.0%	0.3%	1.1%	1.7%
Free cash flow ÷ net income	−0.2%	116.5%	−33.0%	−50.0%	4.3%	−69.7%	—	—	—	−63.7%	12.6%	—	—	212.6%	259.0%	422.7%	>999%	515.2%
Dividends ÷ net income	22.8%	25.2%	24.4%	73.6%	20.9%	26.1%	—	—	—	42.1%	14.2%	—	—	13.3%	25.8%	44.2%	178.6%	65.7%
Dividends and buybacks ÷ free cash flow	—	21.7%	—	—	>999%	—	—	—	—	—	458.2%	12.0%	5.5%	6.2%	18.7%	28.0%	23.7%	12.8%

US$ thousands unless shown otherwise. Fiscal quarters.

Murphy OIL Corp: financial ratios, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Gross margin	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	—	—
Operating margin	23.6%	12.7%	21.6%	13.3%	0.8%	9.7%	18.8%	38.2%
Net margin	18.3%	7.5%	11.0%	3.2%	−0.4%	1.9%	7.2%	25.0%
Free-cash-flow margin	56.6%	63.5%	45.0%	51.5%	43.2%	40.0%	40.7%	70.6%
Current ratio	0.71	0.83	0.76	0.84	0.94	0.77	0.83	0.85
Debt to equity	24.4%	24.5%	28.8%	28.4%	27.8%	24.9%	30.4%	29.4%
SG&A as % of revenue	3.3%	4.7%	4.6%	5.3%	4.2%	6.3%	4.8%	4.2%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

4 of 7 checks passed · June 30, 2026

What it owns · $10.3bn

Short-term assets $1.0bnLonger-term assets $9.3bn

What it owes, and who funded it · $10.1bn

Short-term liabilities $1.2bnLonger-term liabilities $3.7bnShareholders' equity $5.3bn

Short-term assets cover short-term liabilities $1.0bn of assets due within a year against $1.2bn of liabilities due within a year.
Short-term assets cover long-term liabilities $1.0bn short-term assets against $3.7bn of longer-dated liabilities.
More cash than debt $484m of cash against $1.5bn of debt.
Debt below 40% of shareholders' equity Debt is 29% of equity.
Debt burden no higher than five years ago Debt to equity moved from 59% to 29% over five years.
A year's operating cash flow covers at least 20% of debt $1.6bn of operating cash flow against $1.5bn of debt.
Operating profit covers interest at least five times over Operating income of $558m against $101m of interest.

From Murphy OIL Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

70 /100

Moderate moat

How hard Murphy OIL's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

Returns on capital 20 / 20

Cash operating profit has been a median 31.2% of total assets over 5 years.
Pricing power 20 / 20

Gross margin has been a median 99.9%, moving by 1.7 percentage points (standard deviation) across 5 years.
Durability 5 / 20

Operating margin has been a median 18.1%; its worst year was -38.3%.
Cash conversion 6 / 20

Free cash flow was positive in 5 of 10 years, at a median 1.4% of revenue.
Discipline 19 / 20

The diluted share count fell 6.0% over five years; stock-based pay has been a median 1.8% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: CNX vs MUR MUR vs RRC MTDR vs MUR

More: Oil & Gas Exploration & Production stocks compared, Energy sector, rankings of US companies

Figures from Murphy OIL Corp's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Murphy OIL Corp.