Murphy Oil (MUR) Financials

$38.02 +0.02 (+0.06%)

Closing price 05/22/2026 03:59 PM Eastern

Extended Trading

$37.98 -0.05 (-0.12%)

As of 05/22/2026 07:23 PM Eastern

Annual Income Statements for Murphy Oil

This table shows Murphy Oil's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-2,271	-276	-312	411	1,150	-1,149	-74	965	662	407	104
Consolidated Net Income / (Loss)	-2,271	-276	-312	419	1,253	-1,262	48	1,139	724	486	139
Net Income / (Loss) Continuing Operations	-2,256	-274	-553	169	189	-1,255	49	1,141	725	489	138
Total Pre-Tax Income	-3,282	-493	-283	43	203	-1,549	43	1,450	921	568	183
Total Operating Income	-3,257	-389	-26	216	445	-1,362	281	1,587	1,042	603	301
Total Gross Profit	1,955	1,252	1,145	1,363	2,035	1,795	1,573	3,548	2,391	1,866	1,731
Total Revenue	2,787	1,811	1,444	1,791	2,816	1,967	2,299	3,933	3,460	3,017	2,696
Operating Revenue	2,787	1,811	1,434	1,833	2,817	1,765	2,825	4,253	3,460	3,019	2,690
Other Revenue	-	-	9.57	-42	-0.86	203	-526	-320	0.00	-1.71	5.93
Total Cost of Revenue	832	559	299	429	781	172	727	385	1,069	1,151	965
Operating Cost of Revenue	832	559	299	429	781	172	727	385	1,069	1,151	965
Total Operating Expenses	5,212	1,641	1,149	1,147	1,589	3,157	1,291	1,961	1,349	1,263	1,430
Selling, General & Admin Expense	667	260	207	205	233	140	122	131	117	110	137
Marketing Expense	66	44	44	52	48	29	41	57	43	39	39
Exploration Expense	471	102	120	102	95	86	69	133	235	134	112
Depreciation Expense	1,620	1,054	752	776	1,148	987	795	777	862	866	978
Other Operating Expenses / (Income)	49	86	25	-7.75	66	658	68	863	93	52	49
Impairment Charge	2,493	95	0.00	20	0.00	1,206	196	0.00	0.00	63	115
Total Other Income / (Expense), net	-26	-104	-257	-173	-242	-187	-239	-136	-121	-35	-118
Interest Expense	117	148	178	180	219	169	222	151	112	106	96
Other Income / (Expense), net	92	44	-78	7.77	-23	-17	-17	14	-8.59	71	-22
Income Tax Expense	-1,026	-219	270	-126	15	-294	-5.86	309	196	78	45
Net Income / (Loss) Discontinued Operations	-15	-2.03	241	250	1,064	-7.15	-1.23	-2.08	-1.47	-2.81	0.49
Net Income / (Loss) Attributable to Noncontrolling Interest	-	0.00	0.00	8.39	104	-114	121	174	62	79	35
Basic Earnings per Share	($13.03)	($1.60)	($1.81)	$2.38	$7.01	($7.48)	($0.48)	$6.22	$4.26	$2.71	$0.73
Weighted Average Basic Shares Outstanding	174.35M	172.17M	172.52M	172.97M	163.99M	153.51M	154.29M	155.28M	155.23M	150.01M	143.12M
Diluted Earnings per Share	($13.03)	($1.60)	($1.81)	$2.36	$6.98	($7.48)	($0.48)	$6.13	$4.22	$2.70	$0.72
Weighted Average Diluted Shares Outstanding	174.35M	172.17M	172.52M	174.21M	164.81M	153.51M	154.29M	157.47M	156.65M	151.03M	144.03M
Weighted Average Basic & Diluted Shares Outstanding	174.30M	172.50M	172.30M	172.70M	153.17M	153.60M	154.49M	155.76M	152.76M	145.86M	142.83M
Cash Dividends to Common per Share	$1.40	$1.20	$1.00	$1.00	$1.00	$0.63	$0.50	$0.83	$1.10	$1.20	$1.30

This table shows Murphy Oil's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	255	116	90	128	139	50	73	22	-2.97	12	53
Consolidated Net Income / (Loss)	278	140	115	156	151	64	89	35	-8.32	23	69
Net Income / (Loss) Continuing Operations	278	140	116	157	152	65	90	34	-7.82	22	69
Total Pre-Tax Income	356	170	146	190	154	79	123	35	-3.66	29	119
Total Operating Income	378	203	154	184	179	85	144	92	5.79	59	138
Total Gross Profit	699	387	505	745	711	397	409	424	685	210	685
Total Revenue	960	846	796	801	758	671	663	694	733	603	732
Operating Revenue	960	846	796	801	760	671	673	683	727	604	732
Other Revenue	0.00	-	0.00	0.00	-1.34	-	-9.46	11	5.72	-1.14	0.00
Total Cost of Revenue	260	459	291	56	47	274	254	270	48	393	47
Operating Cost of Revenue	260	459	291	56	47	274	254	270	48	393	47
Total Operating Expenses	322	184	351	560	532	312	265	332	679	151	547
Selling, General & Admin Expense	31	43	31	23	25	31	31	37	31	39	35
Marketing Expense	11	7.65	10	10	11	8.16	8.65	11	12	7.47	14
Exploration Expense	27	82	44	43	31	15	14	10	33	54	83
Depreciation Expense	237	213	211	216	224	215	194	259	283	241	254
Other Operating Expenses / (Income)	16	-161	20	269	242	14	17	15	205	-191	161
Total Other Income / (Expense), net	-21	-33	-8.47	5.26	-25	-6.63	-21	-57	-9.46	-30	-19
Interest Expense	30	24	20	21	21	44	24	25	25	23	29
Other Income / (Expense), net	8.81	-9.63	12	26	-3.93	37	2.40	-32	15	-7.67	9.85
Income Tax Expense	78	29	30	33	2.12	13	33	1.03	4.16	6.64	50
Net Income / (Loss) Discontinued Operations	-0.42	-0.72	-0.87	-0.64	-0.61	-0.69	-0.63	1.30	-0.50	0.31	-0.54
Net Income / (Loss) Attributable to Noncontrolling Interest	22	23	25	29	12	14	16	13	-5.34	11	16
Basic Earnings per Share	$1.64	$0.76	$0.59	$0.84	$0.93	$0.35	$0.51	$0.16	($0.02)	$0.08	$0.37
Weighted Average Basic Shares Outstanding	155.45M	155.23M	152.66M	152.15M	149.38M	150.01M	144.28M	142.72M	142.73M	143.12M	143.08M
Diluted Earnings per Share	$1.63	$0.75	$0.59	$0.83	$0.93	$0.35	$0.50	$0.16	($0.02)	$0.08	$0.37
Weighted Average Diluted Shares Outstanding	156.83M	156.65M	153.82M	153.14M	150.35M	151.03M	145.07M	143.22M	142.73M	144.03M	144.38M
Weighted Average Basic & Diluted Shares Outstanding	154.47M	152.76M	152.58M	150.89M	145.84M	145.86M	142.72M	142.73M	142.74M	142.83M	143.35M
Cash Dividends to Common per Share	$0.28	$0.28	$0.30	$0.30	$0.30	$0.30	$0.33	$0.33	$0.33	$0.33	$0.35

This table details how cash moves in and out of Murphy Oil's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-910	590	103	-577	-83	-217	211	-29	-175	106	-46
Net Cash From Operating Activities	1,183	601	613	749	1,489	803	1,422	2,180	1,749	1,729	1,248
Net Cash From Continuing Operating Activities	1,183	601	613	749	1,489	803	1,422	2,180	1,749	1,729	1,248
Net Income / (Loss) Continuing Operations	-2,256	-274	-553	169	189	-1,255	49	1,141	725	489	138
Consolidated Net Income / (Loss)	-2,271	-276	-312	419	1,253	-1,262	48	1,139	724	486	139
Net Income / (Loss) Discontinued Operations	-15	-2.03	241	250	1,064	-7.15	-1.23	-2.08	-1.47	-2.81	0.49
Depreciation Expense	1,620	1,054	752	776	1,148	987	795	777	862	866	978
Amortization Expense	83	47	62	40	28	27	19	13	11	9.59	12
Non-Cash Adjustments To Reconcile Net Income	2,685	155	-77	106	164	1,403	324	-15	138	234	248
Changes in Operating Assets and Liabilities, net	-948	-382	429	-341	-39	-359	236	264	13	131	-128
Net Cash From Investing Activities	-1,922	286	-732	-1,805	-2,536	-859	-418	-1,109	-999	-908	-1,029
Net Cash From Continuing Investing Activities	-1,922	286	-732	-1,805	-2,536	-859	-418	-1,109	-999	-908	-1,029
Purchase of Property, Plant & Equipment	-2,550	-927	-910	-1,806	-2,557	-873	-688	-1,114	-1,102	-908	-1,050
Sale of Property, Plant & Equipment	424	1,155	70	1.18	20	14	271	4.53	103	0.00	21
Net Cash From Financing Activities	-365	-291	-188	144	-1,130	40	-795	-1,082	-924	-717	-264
Net Cash From Continuing Financing Activities	-365	-291	-188	144	-1,130	-160	-795	-1,082	-924	-717	-264
Repayment of Debt	-470	-626	-550	0.00	-2,056	-13	-739	-1,070	-1,098	-1,041	-450
Repurchase of Common Equity	-250	-	0.00	0.00	-500	-	0.00	0.00	-150	-301	-103
Payment of Dividends	-245	-207	-173	-173	-292	-140	-215	-311	-200	-299	-250
Issuance of Debt	600	541	542	325	1,725	-	165	400	600	950	550
Other Financing Activities, net	-	-	-7.12	-8.39	-7.68	-7.79	-6.01	-100	-75	-26	-11
Effect of Exchange Rate Changes	10	-6.39	-	29	3.53	-	0.64	-3.87	-1.25	2.21	-1.19

This table details how cash moves in and out of Murphy Oil's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-42	-11	6.36	10	-62	152	-31	-13	46	-49	1.56
Net Cash From Operating Activities	456	543	399	468	429	434	301	358	339	250	321
Net Cash From Continuing Operating Activities	456	543	399	468	429	434	301	358	339	250	321
Net Income / (Loss) Continuing Operations	278	140	116	157	152	65	90	34	-7.82	22	69
Consolidated Net Income / (Loss)	278	140	115	156	151	64	89	35	-8.32	23	69
Net Income / (Loss) Discontinued Operations	-0.42	-0.72	-0.87	-0.64	-0.61	-0.69	-0.63	1.30	-0.50	0.31	-0.54
Depreciation Expense	237	213	211	216	224	215	194	259	283	241	254
Amortization Expense	2.85	2.71	2.79	2.99	1.93	1.88	1.65	2.26	3.00	4.73	2.27
Non-Cash Adjustments To Reconcile Net Income	43	93	90	51	34	61	24	15	138	61	97
Changes in Operating Assets and Liabilities, net	-106	94	-20	41	18	90	-9.32	47	-78	-79	-102
Net Cash From Investing Activities	-127	-177	-249	-268	-216	-175	-370	-310	-172	-178	-411
Net Cash From Continuing Investing Activities	-127	-177	-249	-268	-216	-175	-370	-310	-172	-178	-411
Purchase of Property, Plant & Equipment	-230	-177	-249	-268	-216	-175	-370	-310	-172	-198	-411
Net Cash From Financing Activities	-371	-376	-144	-190	-274	-108	38	-61	-122	-120	91
Net Cash From Continuing Financing Activities	-371	-376	-144	-190	-274	-108	38	-61	-122	-120	91
Repayment of Debt	-349	-549	-100	-150	-150	-641	-50	-100	-175	-125	-525
Repurchase of Common Equity	-75	-75	-50	-56	-194	-1.22	-100	-2.55	-	-	-0.78
Payment of Dividends	-47	-52	-69	-84	-80	-66	-54	-58	-71	-67	-50
Issuance of Debt	100	300	100	100	150	600	250	100	125	75	675
Other Financing Activities, net	-0.17	-0.21	-25	-0.20	-0.18	-0.16	-7.79	-0.35	-0.07	-2.77	-8.27
Effect of Exchange Rate Changes	0.48	-0.83	0.86	0.39	-0.47	1.43	0.29	-1.18	0.39	-0.69	0.00

This table presents Murphy Oil's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	11,494	10,296	9,861	11,053	11,719	10,621	10,305	10,309	9,767	9,667	9,833
Total Current Assets	1,397	1,559	1,372	880	974	1,000	881	972	752	785	817
Cash & Equivalents	283	873	965	360	307	311	521	492	317	424	377
Accounts Receivable	523	357	243	232	427	262	258	391	344	273	347
Inventories, net	167	127	105	80	76	66	54	55	54	55	57
Prepaid Expenses	213	64	35	34	41	34	32	35	37	34	35
Plant, Property, & Equipment, net	9,818	8,316	8,220	8,432	9,970	8,269	8,128	8,228	8,225	8,055	8,136
Total Noncurrent Assets	278	420	269	1,741	774	1,352	1,296	1,109	789	828	880
Other Noncurrent Operating Assets	278	55	58	49	645	956	911	991	789	828	880
Total Liabilities & Shareholders' Equity	11,494	10,296	9,861	11,053	11,719	10,621	10,305	10,309	9,767	9,667	9,833
Total Liabilities	6,187	5,379	5,241	5,855	5,914	6,227	5,984	5,160	4,217	4,326	4,596
Total Current Liabilities	1,675	1,502	834	846	943	716	1,164	1,258	847	943	1,063
Short-Term Debt	19	570	9.90	0.67	-	0.00	0.65	0.69	0.72	0.87	2.51
Accounts Payable	1,530	785	596	348	602	407	623	544	447	472	572
Accrued Expenses	75	103	157	178	197	151	361	444	130	118	121
Current Deferred & Payable Income Tax Liabilities	43	42	68	33	19	18	20	27	21	19	18
Other Taxes Payable	-	-	-	-	19	22	20	23	29	32	28
Other Current Liabilities	-	-	-	0.00	92	104	139	220	219	301	321
Total Noncurrent Liabilities	4,512	3,877	4,407	5,009	4,971	5,510	4,820	3,902	3,370	3,383	3,533
Long-Term Debt	3,041	2,423	2,907	3,109	2,803	2,988	2,465	1,822	1,328	1,275	1,383
Asset Retirement Reserve & Litigation Obligation	793	682	709	753	826	816	840	817	904	961	971
Noncurrent Deferred & Payable Income Tax Liabilities	240	69	159	130	207	180	183	215	277	336	378
Other Noncurrent Operating Liabilities	439	617	632	624	1,135	1,526	1,332	1,048	861	812	801
Total Equity & Noncontrolling Interests	5,307	4,917	4,620	5,198	5,805	4,394	4,321	5,149	5,550	5,342	5,237
Total Preferred & Common Equity	5,307	4,917	4,620	4,829	5,467	4,214	4,157	4,995	5,363	5,194	5,118
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	5,307	4,917	4,620	4,829	5,467	4,214	4,157	4,995	5,363	5,194	5,118
Common Stock	1,105	1,112	1,113	1,175	1,145	1,137	1,122	1,089	1,075	1,044	1,055
Retained Earnings	6,212	5,730	5,245	5,514	6,614	5,370	5,219	6,055	6,546	6,773	6,691
Accumulated Other Comprehensive Income / (Loss)	-705	-628	-462	-610	-574	-601	-528	-535	-521	-628	-554
Other Equity Adjustments	-	-	-	-	-	-	-	-1,615	-1,738	-1,995	-2,073
Noncontrolling Interest	-	-	0.00	368	337	180	163	154	187	148	118

This table presents Murphy Oil's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	10,229	10,189	10,250	9,943	9,669	9,894	9,716	9,820	9,840	9,733	10,036
Total Current Assets	952	802	869	887	761	757	630	771	762	807	937
Cash & Equivalents	466	312	369	328	323	334	271	393	380	426	379
Accounts Receivable	385	395	410	461	357	337	263	282	274	284	467
Inventories, net	53	64	62	60	50	52	51	71	63	62	58
Prepaid Expenses	40	31	27	38	31	35	44	25	46	36	33
Plant, Property, & Equipment, net	8,249	8,363	8,426	8,218	8,189	8,215	8,190	8,279	8,347	8,086	8,265
Total Noncurrent Assets	1,028	1,024	954	838	719	922	897	770	730	840	833
Other Noncurrent Operating Assets	831	950	914	836	718	922	897	770	730	840	833
Total Liabilities & Shareholders' Equity	10,229	10,189	10,250	9,943	9,669	9,894	9,716	9,820	9,840	9,733	10,036
Total Liabilities	5,350	4,884	4,861	4,430	4,176	4,391	4,311	4,543	4,482	4,483	4,803
Total Current Liabilities	1,213	1,028	1,035	892	818	928	885	1,009	909	858	1,134
Short-Term Debt	0.68	0.70	0.71	0.71	0.73	0.74	0.75	0.89	0.91	0.92	2.55
Accounts Payable	540	517	584	450	486	508	430	538	509	430	646
Accrued Expenses	436	218	136	138	101	115	145	91	84	118	112
Current Deferred & Payable Income Tax Liabilities	39	25	24	24	25	20	22	25	24	21	20
Other Taxes Payable	31	28	32	34	26	30	34	33	30	32	30
Other Current Liabilities	167	239	258	246	179	255	253	321	261	257	324
Total Noncurrent Liabilities	4,137	3,856	3,826	3,537	3,358	3,464	3,426	3,535	3,573	3,625	3,669
Long-Term Debt	2,023	1,823	1,824	1,576	1,329	1,279	1,279	1,475	1,475	1,425	1,548
Asset Retirement Reserve & Litigation Obligation	849	830	843	859	917	924	930	955	980	1,002	973
Noncurrent Deferred & Payable Income Tax Liabilities	188	221	236	251	292	324	318	352	369	367	413
Other Noncurrent Operating Liabilities	1,077	982	924	851	820	936	899	753	749	832	735
Total Equity & Noncontrolling Interests	4,880	5,305	5,389	5,513	5,493	5,503	5,405	5,277	5,357	5,250	5,233
Total Preferred & Common Equity	4,709	5,138	5,234	5,340	5,304	5,324	5,250	5,120	5,199	5,121	5,099
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	4,709	5,138	5,234	5,340	5,304	5,324	5,250	5,120	5,199	5,121	5,099
Common Stock	1,083	1,052	1,057	1,064	1,012	1,022	1,031	1,026	1,037	1,046	1,032
Retained Earnings	5,895	6,204	6,260	6,472	6,590	6,672	6,767	6,799	6,775	6,726	6,694
Accumulated Other Comprehensive Income / (Loss)	-654	-530	-496	-534	-556	-572	-553	-629	-538	-575	-577
Other Equity Adjustments	-1,615	-1,589	-1,587	-1,662	-1,742	-1,799	-1,995	-2,076	-2,076	-2,076	-2,051
Noncontrolling Interest	171	167	154	173	189	179	155	157	159	128	134

This table displays calculated financial ratios and metrics derived from Murphy Oil's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-49.10%	-35.01%	-20.28%	24.06%	57.21%	-30.14%	16.87%	71.04%	-12.02%	-12.48%	-10.64%
EBITDA Growth	-143.56%	151.72%	-6.26%	46.56%	53.84%	-122.87%	395.02%	121.67%	-20.29%	-18.74%	-18.11%
EBIT Growth	-331.34%	89.10%	69.67%	313.50%	89.28%	-426.32%	119.18%	504.93%	-35.45%	-34.83%	-58.58%
NOPAT Growth	-303.59%	88.06%	93.23%	4,702.65%	-51.28%	-330.81%	133.55%	290.16%	-34.27%	-36.68%	-56.14%
Net Income Growth	-350.75%	87.85%	-12.98%	234.54%	198.77%	-200.73%	103.76%	2,295.89%	-36.45%	-32.78%	-71.47%
EPS Growth	-359.05%	87.72%	-13.13%	230.39%	195.76%	-207.16%	93.58%	1,377.08%	-31.16%	-36.02%	-73.33%
Operating Cash Flow Growth	-61.18%	-49.23%	2.09%	22.18%	98.71%	-46.09%	77.17%	53.30%	-19.79%	-1.13%	-27.83%
Free Cash Flow Firm Growth	-139.43%	218.37%	-32.92%	18.35%	-276.66%	155.07%	72.91%	22.99%	-27.45%	20.13%	-80.07%
Invested Capital Growth	-18.23%	-11.32%	-6.22%	5.43%	18.57%	-17.49%	-7.52%	3.68%	1.26%	-5.61%	0.82%
Revenue Q/Q Growth	-25.31%	-0.17%	-32.58%	79.44%	2.58%	-12.95%	21.65%	6.33%	-3.60%	-5.46%	-2.51%
EBITDA Q/Q Growth	-291.81%	400.69%	-44.22%	103.16%	1.30%	-177.05%	66.14%	1.39%	-5.63%	-4.27%	-3.23%
EBIT Q/Q Growth	-35.74%	65.59%	-141.67%	249.86%	-19.29%	-9.67%	230.47%	0.79%	-10.72%	-9.54%	-20.19%
NOPAT Q/Q Growth	-39.67%	61.20%	-110.48%	786.81%	-21.66%	-9.56%	348.11%	0.83%	-9.46%	-15.87%	-10.61%
Net Income Q/Q Growth	-73.55%	65.47%	-250.63%	1,904.62%	-11.71%	-9.39%	114.89%	1.47%	-10.06%	-13.40%	-23.18%
EPS Q/Q Growth	-71.45%	64.44%	-254.90%	2,850.00%	-14.25%	-8.25%	82.22%	2.85%	-10.97%	-12.90%	-27.27%
Operating Cash Flow Q/Q Growth	-34.65%	62.37%	-46.03%	89.28%	14.44%	-12.17%	8.07%	8.49%	2.43%	-5.95%	-12.85%
Free Cash Flow Firm Q/Q Growth	-147.86%	317.91%	-12.80%	1,062.43%	14.52%	136.79%	-5.49%	2.82%	28.76%	-8.08%	-57.78%
Invested Capital Q/Q Growth	-1.91%	-2.72%	-4.78%	2.87%	-0.84%	-5.97%	1.10%	0.78%	-2.96%	-3.44%	-0.08%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	70.14%	69.12%	79.26%	76.06%	72.25%	91.24%	68.40%	90.22%	69.10%	62.00%	64.21%
EBITDA Margin	-52.47%	41.76%	49.10%	58.01%	56.76%	-18.59%	46.91%	60.80%	55.08%	51.14%	47.05%
Operating Margin	-116.85%	-21.47%	-1.82%	12.03%	15.81%	-69.25%	12.24%	40.35%	30.12%	19.90%	11.17%
EBIT Margin	-113.55%	-19.04%	-7.25%	12.47%	15.01%	-70.13%	11.51%	40.71%	29.87%	22.24%	10.35%
Profit (Net Income) Margin	-81.48%	-15.24%	-21.59%	23.42%	44.50%	-64.17%	2.07%	28.96%	20.91%	16.06%	5.15%
Tax Burden Percent	69.19%	55.96%	110.22%	975.50%	615.88%	81.50%	110.81%	78.52%	78.57%	85.71%	75.90%
Interest Burden Percent	103.71%	142.95%	270.39%	19.25%	48.13%	112.28%	16.21%	90.58%	89.13%	84.27%	65.56%
Effective Tax Rate	0.00%	0.00%	0.00%	-293.33%	7.22%	0.00%	-13.67%	21.34%	21.27%	13.79%	24.36%
Return on Invested Capital (ROIC)	-26.03%	-3.66%	-0.27%	12.60%	5.47%	-12.76%	4.92%	19.61%	12.58%	8.15%	3.66%
ROIC Less NNEP Spread (ROIC-NNEP)	-25.55%	-3.82%	-14.93%	-10.93%	46.49%	-25.76%	-7.77%	12.90%	4.33%	4.60%	-5.91%
Return on Net Nonoperating Assets (RNNOA)	-6.69%	-1.74%	-6.27%	-4.05%	17.31%	-12.00%	-3.83%	4.44%	0.95%	0.79%	-1.04%
Return on Equity (ROE)	-32.72%	-5.40%	-6.54%	8.55%	22.78%	-24.76%	1.09%	24.05%	13.53%	8.93%	2.62%
Cash Return on Invested Capital (CROIC)	-5.98%	8.34%	6.14%	7.31%	-11.52%	6.41%	12.73%	16.00%	11.33%	13.92%	2.84%
Operating Return on Assets (OROA)	-22.43%	-3.17%	-1.04%	2.14%	3.71%	-12.35%	2.53%	15.53%	10.30%	6.93%	2.86%
Return on Assets (ROA)	-16.10%	-2.53%	-3.09%	4.01%	11.01%	-11.30%	0.45%	11.05%	7.21%	5.01%	1.42%
Return on Common Equity (ROCE)	-32.72%	-5.40%	-6.54%	8.22%	21.32%	-23.50%	1.05%	23.24%	13.10%	8.66%	2.56%
Return on Equity Simple (ROE_SIMPLE)	-42.79%	-5.61%	-6.75%	8.69%	22.92%	-29.96%	1.14%	22.80%	13.49%	9.37%	0.00%
Net Operating Profit after Tax (NOPAT)	-2,280	-272	-18	848	413	-954	320	1,248	820	519	228
NOPAT Margin	-81.79%	-15.03%	-1.28%	47.34%	14.67%	-48.47%	13.91%	31.74%	23.71%	17.15%	8.45%
Net Nonoperating Expense Percent (NNEP)	-0.49%	0.16%	14.66%	23.53%	-41.02%	13.00%	12.69%	6.71%	8.25%	3.54%	9.58%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	17.90%	11.93%	7.85%	3.44%
Cost of Revenue to Revenue	29.86%	30.88%	20.74%	23.94%	27.75%	8.76%	31.60%	9.78%	30.90%	38.00%	35.79%
SG&A Expenses to Revenue	23.94%	14.36%	14.36%	11.45%	8.26%	7.13%	5.30%	3.33%	3.39%	3.64%	5.09%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	186.99%	90.59%	79.54%	64.02%	56.44%	160.48%	56.16%	49.87%	38.99%	42.10%	53.03%
Earnings before Interest and Taxes (EBIT)	-3,165	-345	-105	223	423	-1,380	265	1,601	1,033	673	279
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-1,462	756	709	1,039	1,599	-366	1,079	2,391	1,906	1,549	1,268
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.53	0.84	0.93	0.69	0.66	0.40	0.90	1.25	1.18	0.84	0.86
Price to Tangible Book Value (P/TBV)	0.53	0.84	0.93	0.69	0.66	0.40	0.90	1.25	1.18	0.84	0.86
Price to Revenue (P/Rev)	1.01	2.28	2.96	1.87	1.29	0.85	1.62	1.58	1.82	1.44	1.64
Price to Earnings (P/E)	0.00	0.00	0.00	8.13	3.16	0.00	0.00	6.45	9.54	10.71	42.35
Dividend Yield	8.52%	5.01%	4.03%	5.18%	4.33%	5.73%	2.07%	2.68%	2.69%	4.01%	4.20%
Earnings Yield	0.00%	0.00%	0.00%	12.30%	31.69%	0.00%	0.00%	15.50%	10.49%	9.33%	2.36%
Enterprise Value to Invested Capital (EV/IC)	0.69	0.88	0.95	0.94	0.79	0.67	0.93	1.19	1.14	0.87	0.89
Enterprise Value to Revenue (EV/Rev)	1.95	3.39	4.31	3.61	2.29	2.30	2.54	1.96	2.17	1.77	2.06
Enterprise Value to EBITDA (EV/EBITDA)	0.00	8.11	8.79	6.22	4.04	0.00	5.41	3.23	3.94	3.46	4.37
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	28.93	15.29	0.00	22.06	4.82	7.27	7.96	19.86
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	7.62	15.64	0.00	18.25	6.18	9.15	10.32	24.32
Enterprise Value to Operating Cash Flow (EV/OCF)	4.59	10.21	10.16	8.62	4.34	5.65	4.10	3.54	4.29	3.10	4.44
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	9.90	14.98	13.13	0.00	9.47	7.05	7.57	10.16	6.04	31.32
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.58	0.61	0.63	0.60	0.48	0.68	0.57	0.35	0.24	0.24	0.26
Long-Term Debt to Equity	0.57	0.49	0.63	0.60	0.48	0.68	0.57	0.35	0.24	0.24	0.26
Financial Leverage	0.26	0.45	0.42	0.37	0.37	0.47	0.49	0.34	0.22	0.17	0.18
Leverage Ratio	2.03	2.13	2.11	2.13	2.07	2.19	2.40	2.18	1.88	1.78	1.84
Compound Leverage Factor	2.11	3.05	5.71	0.41	1.00	2.46	0.39	1.97	1.67	1.50	1.21
Debt to Total Capital	36.57%	37.84%	38.70%	37.44%	32.57%	40.48%	36.34%	26.15%	19.32%	19.27%	20.92%
Short-Term Debt to Total Capital	0.23%	7.20%	0.13%	0.01%	0.00%	0.00%	0.01%	0.01%	0.01%	0.01%	0.04%
Long-Term Debt to Total Capital	36.34%	30.63%	38.57%	37.43%	32.57%	40.48%	36.33%	26.14%	19.31%	19.26%	20.88%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	4.43%	3.92%	2.44%	2.41%	2.21%	2.72%	2.23%	1.79%
Common Equity to Total Capital	63.43%	62.16%	61.30%	58.13%	63.52%	57.09%	61.26%	71.64%	77.96%	78.50%	77.30%
Debt to EBITDA	-2.09	3.96	4.11	2.99	1.75	-8.17	2.29	0.76	0.70	0.82	1.09
Net Debt to EBITDA	-1.78	2.66	2.75	2.65	1.56	-7.32	1.80	0.56	0.53	0.55	0.79
Long-Term Debt to EBITDA	-2.08	3.20	4.10	2.99	1.75	-8.17	2.29	0.76	0.70	0.82	1.09
Debt to NOPAT	-1.34	-10.99	-158.30	3.67	6.79	-3.13	7.71	1.46	1.62	2.46	6.08
Net Debt to NOPAT	-1.14	-7.38	-105.92	3.24	6.04	-2.81	6.08	1.07	1.23	1.64	4.42
Long-Term Debt to NOPAT	-1.33	-8.90	-157.76	3.67	6.79	-3.13	7.71	1.46	1.62	2.45	6.07
Altman Z-Score	0.34	1.31	1.41	1.27	1.52	0.66	1.36	2.41	2.53	2.11	1.87
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	3.75%	6.41%	5.07%	3.94%	3.35%	3.19%	3.07%	2.51%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.83	1.04	1.64	1.04	1.03	1.40	0.76	0.77	0.89	0.83	0.77
Quick Ratio	0.58	0.89	1.45	0.70	0.78	0.80	0.67	0.70	0.78	0.74	0.68
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-524	620	416	492	-869	479	828	1,018	739	887	177
Operating Cash Flow to CapEx	55.67%	0.00%	72.97%	41.52%	58.71%	93.44%	340.47%	196.51%	175.11%	190.38%	121.27%
Free Cash Flow to Firm to Interest Expense	-4.46	4.18	2.33	2.73	-3.97	2.83	3.73	6.75	6.57	8.38	1.84
Operating Cash Flow to Interest Expense	10.08	4.05	3.44	4.16	6.79	4.74	6.41	14.46	15.56	16.32	12.99
Operating Cash Flow Less CapEx to Interest Expense	-8.03	5.59	-1.27	-5.85	-4.78	-0.33	4.53	7.10	6.67	7.75	2.28
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.20	0.17	0.14	0.17	0.25	0.18	0.22	0.38	0.34	0.31	0.28
Accounts Receivable Turnover	3.99	4.12	4.81	7.54	8.56	5.71	8.84	12.11	9.41	9.82	8.71
Inventory Turnover	4.06	3.81	2.58	4.63	10.01	2.42	12.08	7.08	19.62	21.06	17.21
Fixed Asset Turnover	0.24	0.20	0.17	0.22	0.31	0.22	0.28	0.48	0.42	0.37	0.33
Accounts Payable Turnover	0.44	0.48	0.43	0.91	1.65	0.34	1.41	0.66	2.16	2.50	1.85
Days Sales Outstanding (DSO)	91.41	88.65	75.90	48.41	42.66	63.89	41.29	30.13	38.77	37.15	41.93
Days Inventory Outstanding (DIO)	89.80	95.88	141.53	78.79	36.46	150.53	30.21	51.57	18.60	17.33	21.21
Days Payable Outstanding (DPO)	834.47	755.25	841.67	401.68	221.88	1,068.32	258.77	553.58	169.12	145.73	197.52
Cash Conversion Cycle (CCC)	-653.27	-570.73	-624.24	-274.48	-142.75	-853.91	-187.27	-471.87	-111.74	-91.25	-134.39
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,879	6,987	6,552	6,908	8,191	6,758	6,250	6,480	6,562	6,194	6,245
Invested Capital Turnover	0.32	0.24	0.21	0.27	0.37	0.26	0.35	0.62	0.53	0.47	0.43
Increase / (Decrease) in Invested Capital	-1,756	-892	-434	356	1,283	-1,432	-508	230	82	-368	51
Enterprise Value (EV)	5,429	6,137	6,230	6,461	6,462	4,533	5,838	7,712	7,508	5,362	5,540
Market Capitalization	2,826	4,128	4,278	3,343	3,629	1,675	3,729	6,226	6,310	4,362	4,414
Book Value per Share	$30.85	$28.55	$26.77	$27.91	$34.77	$27.44	$26.92	$32.13	$34.72	$35.62	$35.86
Tangible Book Value per Share	$30.85	$28.55	$26.77	$27.91	$34.77	$27.44	$26.92	$32.13	$34.72	$35.62	$35.86
Total Capital	8,366	7,909	7,537	8,308	8,608	7,382	6,787	6,972	6,879	6,617	6,622
Total Debt	3,059	2,993	2,916	3,110	2,803	2,988	2,466	1,823	1,329	1,275	1,385
Total Long-Term Debt	3,041	2,423	2,907	3,109	2,803	2,988	2,465	1,822	1,328	1,275	1,383
Net Debt	2,603	2,008	1,951	2,750	2,497	2,677	1,945	1,331	1,012	852	1,008
Capital Expenditures (CapEx)	2,126	-228	841	1,805	2,536	859	418	1,109	999	908	1,029
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-715	-358	-418	-325	-275	-27	-804	-777	-411	-580	-621
Debt-free Net Working Capital (DFNWC)	-259	627	547	34	32	284	-283	-285	-94	-157	-244
Net Working Capital (NWC)	-277	57	537	34	32	284	-283	-286	-94	-158	-246
Net Nonoperating Expense (NNE)	-8.85	3.74	293	428	-840	309	272	109	97	33	89
Net Nonoperating Obligations (NNO)	2,572	2,070	1,932	1,710	2,386	2,364	1,929	1,331	1,012	852	1,008
Total Depreciation and Amortization (D&A)	1,702	1,101	814	816	1,176	1,014	814	790	873	875	989
Debt-free, Cash-free Net Working Capital to Revenue	-25.65%	-19.75%	-28.93%	-18.17%	-9.77%	-1.35%	-34.97%	-19.75%	-11.87%	-19.16%	-23.03%
Debt-free Net Working Capital to Revenue	-9.28%	34.59%	37.90%	1.92%	1.12%	14.43%	-12.30%	-7.24%	-2.71%	-5.17%	-9.03%
Net Working Capital to Revenue	-9.95%	3.13%	37.22%	1.88%	1.12%	14.43%	-12.33%	-7.26%	-2.73%	-5.20%	-9.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($13.03)	($1.60)	($1.81)	$2.38	$7.01	($7.48)	($0.48)	$6.22	$4.26	$2.71	$0.73
Adjusted Weighted Average Basic Shares Outstanding	174.35M	172.17M	172.52M	172.97M	163.99M	153.51M	154.29M	155.28M	155.23M	150.01M	143.12M
Adjusted Diluted Earnings per Share	($13.03)	($1.60)	($1.81)	$2.36	$6.98	($7.48)	($0.48)	$6.13	$4.22	$2.70	$0.72
Adjusted Weighted Average Diluted Shares Outstanding	174.35M	172.17M	172.52M	174.21M	164.81M	153.51M	154.29M	157.47M	156.65M	151.03M	144.03M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	172.03M	172.40M	172.57M	173.06M	153.17M	153.60M	154.49M	155.76M	152.76M	145.86M	142.83M
Normalized Net Operating Profit after Tax (NOPAT)	-642	-206	-18	165	413	-74	334	1,248	820	574	315
Normalized NOPAT Margin	-23.05%	-11.36%	-1.28%	9.21%	14.67%	-3.77%	14.54%	31.74%	23.71%	18.94%	11.68%
Pre Tax Income Margin	-117.77%	-27.23%	-19.59%	2.40%	7.23%	-78.74%	1.87%	36.88%	26.62%	18.74%	6.78%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-26.96	-2.33	-0.59	1.24	1.93	-8.14	1.19	10.62	9.20	6.36	2.90
NOPAT to Interest Expense	-19.42	-1.84	-0.10	4.70	1.88	-5.63	1.44	8.28	7.30	4.90	2.37
EBIT Less CapEx to Interest Expense	-45.08	-0.79	-5.30	-8.77	-9.64	-13.21	-0.69	3.26	0.31	-2.22	-7.81
NOPAT Less CapEx to Interest Expense	-37.53	-0.30	-4.82	-5.30	-9.68	-10.70	-0.44	0.92	-1.59	-3.67	-8.34
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-10.79%	-74.88%	-55.35%	41.25%	23.28%	-11.06%	451.78%	27.33%	27.69%	61.37%	180.15%
Augmented Payout Ratio	-21.80%	-74.88%	-55.35%	41.25%	63.17%	-11.06%	451.78%	27.33%	48.42%	123.31%	254.08%

This table displays calculated financial ratios and metrics derived from Murphy Oil's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	142,830,352.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	142,830,352.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.37
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-26.38%	-13.26%	-5.19%	-1.45%	-20.98%	-20.69%	-16.41%	-13.37%	-3.34%	-8.76%	10.42%
EBITDA Growth	-36.61%	-21.75%	-23.33%	14.25%	-36.06%	-16.92%	-9.86%	-25.08%	-23.25%	-12.47%	18.31%
EBIT Growth	-49.92%	-39.11%	-44.19%	33.96%	-54.67%	-36.74%	-11.66%	-71.55%	-87.97%	-57.72%	1.24%
NOPAT Growth	-50.00%	-33.63%	-48.45%	27.42%	-40.10%	-57.96%	-13.67%	-41.34%	-97.70%	-35.30%	-23.91%
Net Income Growth	-51.61%	-36.68%	-46.50%	70.12%	-45.60%	-53.87%	-22.01%	-77.52%	-105.50%	-64.98%	-23.22%
EPS Growth	-51.49%	-40.94%	-51.64%	33.87%	-42.94%	-53.33%	-15.25%	-80.72%	-102.15%	-77.14%	-26.00%
Operating Cash Flow Growth	-36.61%	8.28%	42.54%	-0.48%	-5.94%	-20.16%	-24.60%	-23.44%	-20.88%	-42.42%	6.82%
Free Cash Flow Firm Growth	-110.98%	270.52%	208.84%	231.97%	1,496.94%	407.48%	-44.53%	-84.46%	-67.93%	-101.19%	-85.42%
Invested Capital Growth	5.17%	1.26%	-4.66%	-5.77%	-5.15%	-5.61%	-2.13%	0.07%	-2.56%	0.82%	0.70%
Revenue Q/Q Growth	17.81%	-11.85%	-5.86%	0.80%	-5.54%	-11.52%	-0.78%	4.23%	5.64%	-17.71%	21.41%
EBITDA Q/Q Growth	66.86%	-34.78%	-7.14%	13.06%	-6.63%	-15.25%	0.76%	-6.03%	-4.34%	-3.36%	36.19%
EBIT Q/Q Growth	145.78%	-49.99%	-14.29%	27.15%	-16.84%	-30.20%	19.70%	-59.05%	-64.84%	145.30%	186.65%
NOPAT Q/Q Growth	146.20%	-43.00%	-27.24%	24.79%	15.74%	-59.99%	49.41%	-15.22%	-95.47%	1,027.07%	75.70%
Net Income Q/Q Growth	202.44%	-49.71%	-17.93%	36.29%	-3.30%	-57.35%	38.73%	-60.72%	-123.68%	371.44%	204.14%
EPS Q/Q Growth	162.90%	-53.99%	-21.33%	40.68%	12.05%	-62.37%	42.86%	-68.00%	-112.50%	500.00%	362.50%
Operating Cash Flow Q/Q Growth	-2.94%	19.07%	-26.56%	17.27%	-8.27%	1.07%	-30.65%	19.08%	-5.20%	-26.45%	28.66%
Free Cash Flow Firm Q/Q Growth	90.94%	330.19%	408.74%	24.42%	-4.13%	-16.38%	-44.39%	-65.14%	97.83%	-103.11%	780.03%
Invested Capital Q/Q Growth	-1.19%	-2.96%	-0.96%	-0.76%	-0.54%	-3.44%	2.69%	1.47%	-3.15%	-0.08%	2.57%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	72.87%	45.78%	63.46%	60.63%	64.35%	59.23%	61.86%	61.14%	93.43%	34.81%	93.57%
EBITDA Margin	65.30%	48.31%	47.66%	53.45%	52.83%	50.61%	51.39%	46.33%	41.96%	49.27%	55.27%
Operating Margin	39.34%	23.98%	19.34%	22.96%	23.61%	12.70%	21.62%	13.29%	0.79%	9.84%	18.88%
EBIT Margin	40.26%	22.84%	20.79%	26.23%	23.09%	18.22%	21.98%	8.63%	2.87%	8.57%	20.22%
Profit (Net Income) Margin	28.95%	16.52%	14.40%	19.47%	19.93%	9.61%	13.43%	5.06%	-1.13%	3.74%	9.37%
Tax Burden Percent	77.96%	82.41%	78.76%	82.42%	98.23%	82.04%	72.83%	100.77%	227.09%	78.10%	57.62%
Interest Burden Percent	92.24%	87.75%	87.91%	90.03%	87.86%	64.28%	83.92%	58.18%	-17.39%	55.93%	80.44%
Effective Tax Rate	21.92%	17.17%	20.65%	17.24%	1.38%	17.08%	26.65%	2.96%	0.00%	22.98%	41.92%
Return on Invested Capital (ROIC)	16.72%	10.54%	7.88%	9.74%	11.32%	5.00%	7.15%	5.58%	0.24%	3.28%	4.75%
ROIC Less NNEP Spread (ROIC-NNEP)	15.50%	8.12%	7.27%	10.04%	9.07%	4.34%	5.60%	0.26%	-0.99%	0.80%	3.72%
Return on Net Nonoperating Assets (RNNOA)	4.18%	1.78%	1.70%	2.21%	1.88%	0.74%	1.09%	0.05%	-0.19%	0.14%	0.80%
Return on Equity (ROE)	20.89%	12.32%	9.57%	11.95%	13.20%	5.74%	8.23%	5.63%	0.05%	3.42%	5.55%
Cash Return on Invested Capital (CROIC)	8.70%	11.33%	15.37%	17.03%	14.66%	13.92%	10.00%	6.71%	6.62%	2.84%	2.33%
Operating Return on Assets (OROA)	14.33%	7.87%	7.16%	8.87%	7.53%	5.68%	6.54%	2.44%	0.82%	2.37%	5.63%
Return on Assets (ROA)	10.30%	5.69%	4.95%	6.58%	6.49%	2.99%	3.99%	1.43%	-0.32%	1.03%	2.61%
Return on Common Equity (ROCE)	20.20%	11.93%	9.26%	11.58%	12.80%	5.56%	7.97%	5.45%	0.05%	3.34%	5.39%
Return on Equity Simple (ROE_SIMPLE)	15.07%	0.00%	11.77%	12.93%	10.70%	0.00%	9.01%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	295	168	122	153	177	71	106	89	4.06	46	80
NOPAT Margin	30.72%	19.86%	15.35%	19.00%	23.28%	10.53%	15.85%	12.90%	0.55%	7.58%	10.97%
Net Nonoperating Expense Percent (NNEP)	1.21%	2.42%	0.60%	-0.31%	2.25%	0.66%	1.54%	5.32%	1.23%	2.49%	1.03%
Return On Investment Capital (ROIC_SIMPLE)	-	2.44%	-	-	-	1.07%	1.56%	1.31%	0.06%	0.69%	1.18%
Cost of Revenue to Revenue	27.13%	54.22%	36.54%	39.37%	35.65%	40.77%	38.14%	38.86%	6.57%	65.19%	6.43%
SG&A Expenses to Revenue	3.20%	5.07%	3.91%	2.85%	3.28%	4.64%	4.64%	5.32%	4.21%	6.41%	4.76%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	33.53%	21.80%	44.12%	37.67%	40.74%	46.53%	40.24%	47.85%	92.64%	24.97%	74.69%
Earnings before Interest and Taxes (EBIT)	386	193	166	211	175	122	146	60	21	52	148
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	627	409	380	429	401	340	342	321	308	297	405
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.29	1.18	1.31	1.17	0.97	0.84	0.81	0.62	0.79	0.86	1.16
Price to Tangible Book Value (P/TBV)	1.29	1.18	1.31	1.17	0.97	0.84	0.81	0.62	0.79	0.86	1.16
Price to Revenue (P/Rev)	1.92	1.82	2.04	1.83	1.59	1.44	1.43	1.15	1.47	1.64	2.13
Price to Earnings (P/E)	9.24	9.54	12.42	10.59	10.76	10.71	10.62	11.28	28.42	42.35	69.99
Dividend Yield	3.01%	2.69%	2.50%	2.81%	3.48%	4.01%	4.31%	5.56%	4.49%	4.20%	3.21%
Earnings Yield	10.83%	10.49%	8.05%	9.44%	9.29%	9.33%	9.42%	8.87%	3.52%	2.36%	1.43%
Enterprise Value to Invested Capital (EV/IC)	1.23	1.14	1.25	1.14	0.98	0.87	0.85	0.69	0.83	0.89	1.12
Enterprise Value to Revenue (EV/Rev)	2.31	2.17	2.39	2.16	1.95	1.77	1.86	1.60	1.87	2.06	2.60
Enterprise Value to EBITDA (EV/EBITDA)	4.11	3.94	4.55	4.00	3.87	3.46	3.56	3.18	3.95	4.37	5.41
Enterprise Value to EBIT (EV/EBIT)	7.17	7.27	9.03	7.71	8.40	7.96	8.23	8.87	14.83	19.86	25.64
Enterprise Value to NOPAT (EV/NOPAT)	9.16	9.15	11.55	9.99	10.13	10.32	10.67	10.22	20.34	24.32	37.15
Enterprise Value to Operating Cash Flow (EV/OCF)	4.86	4.29	4.36	3.95	3.40	3.10	3.30	2.94	3.62	4.44	5.68
Enterprise Value to Free Cash Flow (EV/FCFF)	14.47	10.16	7.97	6.51	6.48	6.04	8.37	10.32	12.37	31.32	48.31
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.29	0.24	0.24	0.23	0.24	0.24	0.28	0.28	0.27	0.26	0.30
Long-Term Debt to Equity	0.29	0.24	0.24	0.23	0.24	0.24	0.28	0.28	0.27	0.26	0.30
Financial Leverage	0.27	0.22	0.23	0.22	0.21	0.17	0.19	0.19	0.19	0.18	0.21
Leverage Ratio	1.94	1.88	1.84	1.85	1.80	1.78	1.81	1.82	1.83	1.84	1.89
Compound Leverage Factor	1.79	1.65	1.62	1.67	1.58	1.15	1.52	1.06	-0.32	1.03	1.52
Debt to Total Capital	22.24%	19.32%	19.49%	18.87%	19.15%	19.27%	21.85%	21.60%	21.36%	20.92%	22.86%
Short-Term Debt to Total Capital	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.04%	0.04%
Long-Term Debt to Total Capital	22.23%	19.31%	19.48%	18.86%	19.14%	19.26%	21.84%	21.59%	21.35%	20.88%	22.82%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.44%	2.72%	2.76%	2.64%	2.33%	2.23%	2.33%	2.32%	1.92%	1.79%	1.98%
Common Equity to Total Capital	75.32%	77.96%	77.75%	78.49%	78.53%	78.50%	75.82%	76.08%	76.72%	77.30%	75.17%
Debt to EBITDA	0.78	0.70	0.74	0.69	0.79	0.82	0.98	1.05	1.09	1.09	1.17
Net Debt to EBITDA	0.62	0.53	0.56	0.51	0.62	0.55	0.72	0.78	0.76	0.79	0.88
Long-Term Debt to EBITDA	0.78	0.70	0.74	0.69	0.79	0.82	0.98	1.05	1.09	1.09	1.16
Debt to NOPAT	1.74	1.62	1.88	1.74	2.07	2.46	2.93	3.38	5.60	6.08	8.00
Net Debt to NOPAT	1.38	1.23	1.43	1.28	1.63	1.64	2.15	2.51	3.92	4.42	6.05
Long-Term Debt to NOPAT	1.74	1.62	1.88	1.73	2.07	2.45	2.92	3.37	5.59	6.07	7.99
Altman Z-Score	2.33	2.24	2.36	2.19	2.04	1.92	1.83	1.68	1.80	1.79	1.97
Noncontrolling Interest Sharing Ratio	3.30%	3.19%	3.29%	3.06%	3.01%	3.07%	3.21%	3.11%	2.66%	2.51%	2.77%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.99	0.89	0.93	0.82	0.71	0.83	0.76	0.84	0.94	0.77	0.83
Quick Ratio	0.88	0.78	0.83	0.72	0.60	0.74	0.67	0.72	0.83	0.68	0.75
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-38	86	440	547	525	439	244	85	168	-5.23	36
Operating Cash Flow to CapEx	198.02%	307.62%	160.10%	174.63%	198.23%	247.93%	81.31%	115.63%	197.36%	125.94%	78.24%
Free Cash Flow to Firm to Interest Expense	-1.25	3.65	21.96	26.07	24.68	10.05	10.37	3.39	6.80	-0.23	1.23
Operating Cash Flow to Interest Expense	15.21	22.93	19.92	22.28	20.18	9.93	12.78	14.29	13.73	10.96	11.08
Operating Cash Flow Less CapEx to Interest Expense	7.53	15.48	7.48	9.52	10.00	5.92	-2.94	1.93	6.77	2.26	-3.08
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.36	0.34	0.34	0.34	0.33	0.31	0.30	0.28	0.28	0.28	0.28
Accounts Receivable Turnover	8.49	9.41	9.09	9.12	8.85	9.82	9.07	9.13	10.11	8.71	7.38
Inventory Turnover	16.08	19.62	22.51	23.21	23.97	21.06	18.46	23.22	23.46	17.21	11.71
Fixed Asset Turnover	0.44	0.42	0.41	0.41	0.39	0.37	0.35	0.34	0.34	0.33	0.33
Accounts Payable Turnover	1.85	2.16	2.54	2.43	3.04	2.50	2.18	2.61	3.09	1.85	1.28
Days Sales Outstanding (DSO)	43.00	38.77	40.16	40.04	41.23	37.15	40.25	39.96	36.09	41.93	49.47
Days Inventory Outstanding (DIO)	22.70	18.60	16.22	15.72	15.23	17.33	19.78	15.72	15.56	21.21	31.17
Days Payable Outstanding (DPO)	197.57	169.12	143.66	150.26	120.18	145.73	167.80	139.86	118.14	197.52	285.07
Cash Conversion Cycle (CCC)	-131.86	-111.74	-87.28	-94.50	-63.72	-91.25	-107.77	-84.18	-66.49	-134.39	-204.43
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	6,762	6,562	6,498	6,449	6,414	6,194	6,360	6,453	6,250	6,245	6,405
Invested Capital Turnover	0.54	0.53	0.51	0.51	0.49	0.47	0.45	0.43	0.44	0.43	0.43
Increase / (Decrease) in Invested Capital	332	82	-317	-395	-348	-368	-138	4.44	-164	51	45
Enterprise Value (EV)	8,300	7,508	8,149	7,367	6,255	5,362	5,382	4,466	5,183	5,540	7,198
Market Capitalization	6,878	6,310	6,954	6,242	5,091	4,362	4,142	3,211	4,055	4,414	5,892
Book Value per Share	$34.20	$34.72	$34.74	$34.89	$34.79	$35.62	$35.11	$36.43	$35.88	$35.86	$35.70
Tangible Book Value per Share	$34.20	$34.72	$34.74	$34.89	$34.79	$35.62	$35.11	$36.43	$35.88	$35.86	$35.70
Total Capital	7,090	6,879	6,822	6,783	6,685	6,617	6,753	6,833	6,676	6,622	6,784
Total Debt	1,577	1,329	1,329	1,280	1,280	1,275	1,476	1,476	1,426	1,385	1,551
Total Long-Term Debt	1,576	1,328	1,329	1,279	1,279	1,275	1,475	1,475	1,425	1,383	1,548
Net Debt	1,249	1,012	1,006	946	1,009	852	1,083	1,096	1,000	1,008	1,172
Capital Expenditures (CapEx)	230	177	249	268	216	175	370	310	172	198	411
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-332	-411	-380	-503	-526	-580	-629	-526	-475	-621	-573
Debt-free Net Working Capital (DFNWC)	-4.67	-94	-57	-169	-254	-157	-236	-146	-49	-244	-195
Net Working Capital (NWC)	-5.38	-94	-57	-170	-255	-158	-237	-147	-50	-246	-197
Net Nonoperating Expense (NNE)	17	28	7.59	-3.71	25	6.19	16	54	12	23	12
Net Nonoperating Obligations (NNO)	1,249	1,012	1,006	946	1,009	852	1,083	1,096	1,000	1,008	1,172
Total Depreciation and Amortization (D&A)	240	215	214	219	226	217	196	262	286	246	257
Debt-free, Cash-free Net Working Capital to Revenue	-9.26%	-11.87%	-11.12%	-14.78%	-16.41%	-19.16%	-21.71%	-18.84%	-17.19%	-23.03%	-20.74%
Debt-free Net Working Capital to Revenue	-0.13%	-2.71%	-1.65%	-4.98%	-7.94%	-5.17%	-8.15%	-5.24%	-1.78%	-9.03%	-7.04%
Net Working Capital to Revenue	-0.15%	-2.73%	-1.68%	-5.00%	-7.97%	-5.20%	-8.18%	-5.27%	-1.82%	-9.13%	-7.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.64	$0.76	$0.59	$0.84	$0.93	$0.35	$0.51	$0.16	($0.02)	$0.08	$0.37
Adjusted Weighted Average Basic Shares Outstanding	155.45M	155.23M	152.66M	152.15M	149.38M	150.01M	144.28M	142.72M	142.73M	143.12M	143.08M
Adjusted Diluted Earnings per Share	$1.63	$0.75	$0.59	$0.83	$0.93	$0.35	$0.50	$0.16	($0.02)	$0.08	$0.37
Adjusted Weighted Average Diluted Shares Outstanding	156.83M	156.65M	153.82M	153.14M	150.35M	151.03M	145.07M	143.22M	142.73M	144.03M	144.38M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	154.47M	152.76M	152.58M	150.89M	145.84M	145.86M	142.72M	142.73M	142.74M	142.83M	143.35M
Normalized Net Operating Profit after Tax (NOPAT)	295	168	150	153	177	94	106	89	85	46	80
Normalized NOPAT Margin	30.72%	19.86%	18.79%	19.00%	23.28%	14.04%	15.85%	12.90%	11.54%	7.58%	10.97%
Pre Tax Income Margin	37.13%	20.04%	18.28%	23.62%	20.29%	11.71%	18.44%	5.02%	-0.50%	4.79%	16.27%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	12.88	8.16	8.27	10.03	8.24	2.80	6.22	2.39	0.85	2.27	5.11
NOPAT to Interest Expense	9.83	7.10	6.11	7.27	8.31	1.62	4.49	3.57	0.16	2.01	2.77
EBIT Less CapEx to Interest Expense	5.20	0.70	-4.17	-2.73	-1.94	-1.21	-9.50	-9.97	-6.10	-6.44	-9.06
NOPAT Less CapEx to Interest Expense	2.15	-0.36	-6.34	-5.49	-1.87	-2.39	-11.23	-8.79	-6.79	-6.70	-11.40
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	28.01%	27.69%	34.70%	36.50%	50.64%	61.37%	61.52%	75.67%	137.66%	180.15%	208.62%
Augmented Payout Ratio	37.33%	48.42%	66.75%	73.67%	117.42%	123.31%	137.71%	163.32%	195.13%	254.08%	211.43%

Financials Breakdown Chart

Key Financial Trends

Here’s a concise, investor-focused read on Murphy Oil (NYSE: MUR) using the last four years of quarterly data provided. The takeaway centers on cash flow strength from operations, balance sheet liquidity, and the volatility of earnings driven by commodity prices and macro factors.

Strong quarterly operating cash flow in 2025: Net cash from continuing operating activities stayed robust across 2025 quarters, approximately $250M–$360M per quarter (Q1 2025: ~$300.7M; Q2: ~$358.1M; Q3: ~$339.4M; Q4: ~$249.6M).
Solid ongoing shareholder returns: The quarterly cash dividend per share remained at $0.33 in Q4 2025 (aligned with late-2024 levels), signaling a stable, shareholder-friendly payout policy.
Healthy balance-sheet liquidity and solvency: Total assets around $9.6–9.8B in 2025 (latest quarter shown), with total equity roughly $5.1–$5.3B and cash balances in the $380–$426M range, supporting liquidity through market cycles.
Moderate and manageable leverage: Long-term debt about $1.42B and total liabilities around $4.48B (as of the latest balance sheets), giving Murphy a solid equity cushion relative to debt.
Consistent net income contribution from operations across many quarters: Positive net income from continuing operations in several quarters (e.g., Q1 2025 ~$89.4M; Q2 2025 ~$33.8M; Q4 2024 ~$64.5M; Q4 2025 ~$22.3M), demonstrating ongoing earnings potential despite volatility.
Revenue and margin swings tied to commodity prices: Quarterly total revenue and gross profit swing with oil pricing and margins (e.g., Q4 2025 revenue dipped vs. earlier quarters; gross profit and operating income fluctuated accordingly). This reflects industry cyclicality rather than a fixed trend.
Significant capital expenditures continue to weigh on cash: Investing cash outflows are meaningful (e.g., PPE purchases around $170–$370M per quarter in 2025), which reduces near-term cash and cash equivalents but funds production and asset base growth.
Material quarterly earnings volatility in 2025: Q3 2025 shows a net loss from continuing operations, and quarterly profitability can swing due to commodity cycles and impairments, creating inconsistent quarterly earnings signals.
Investing cash outflows remain a headwind for near-term cash balance: 2025 quarterly investing cash outflows were consistently sizable (e.g., Q2 −$309.6M; Q3 −$171.99M; Q4 −$198.23M; Q1 −$369.79M), contributing to negative net cash from investing activities in several periods.
Financing activity often shows cash outflows: Net cash from financing activities were frequently negative in 2025 quarters, reflecting debt repayment and dividend payments that constrain cash on hand.

05/25/26 11:36 AM ETAI Generated. May Contain Errors.

Murphy Oil Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Murphy Oil's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Murphy Oil's net income appears to be on an upward trend, with a most recent value of $138.80 million in 2025, falling from -$2.27 billion in 2015. The previous period was $486.49 million in 2024. Find out what analysts predict for Murphy Oil in the coming months.

Murphy Oil's total operating income in 2025 was $301.24 million, based on the following breakdown:

Total Gross Profit: $1.73 billion
Total Operating Expenses: $1.43 billion

Over the last 10 years, Murphy Oil's total revenue changed from $2.79 billion in 2015 to $2.70 billion in 2025, a change of -3.3%.

Murphy Oil's total liabilities were at $4.60 billion at the end of 2025, a 6.2% increase from 2024, and a 25.7% decrease since 2015.

In the past 10 years, Murphy Oil's cash and equivalents has ranged from $283.18 million in 2015 to $964.99 million in 2017, and is currently $377.20 million as of their latest financial filing in 2025.

Over the last 10 years, Murphy Oil's book value per share changed from 30.85 in 2015 to 35.86 in 2025, a change of 16.2%.

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Financial statements for NYSE:MUR last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Murphy Oil (MUR) Financials

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Murphy Oil (MUR) Financials

Annual Income Statements for Murphy Oil

Quarterly Income Statements for Murphy Oil

Annual Cash Flow Statements for Murphy Oil

Quarterly Cash Flow Statements for Murphy Oil

Annual Balance Sheets for Murphy Oil

Quarterly Balance Sheets for Murphy Oil

Annual Metrics And Ratios for Murphy Oil

Quarterly Metrics And Ratios for Murphy Oil

Financials Breakdown Chart

Key Financial Trends

Murphy Oil Financials - Frequently Asked Questions

When does Murphy Oil's fiscal year end?

How has Murphy Oil's net income changed over the last 10 years?

What is Murphy Oil's operating income?

How has Murphy Oil's revenue changed over the last 10 years?

How much debt does Murphy Oil have?

How much cash does Murphy Oil have?

How has Murphy Oil's book value per share changed over the last 10 years?

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