Murphy Oil (MUR) Net Margin (2009 - 2026)
Murphy Oil's Net Margin came in at 25.01% for Q2 2026, up 21.81 percentage points from 3.20% a year earlier and up 17.79 percentage points from the prior quarter.
Murphy Oil (MUR) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Murphy Oil reported Net Margin of 9.82%, down 0.39 percentage points year-over-year; for FY2025, it came in at 3.83%, down 9.61 percentage points from FY2024.
- Net Margin has declined in each of the last three years, though with a five-year change of +62.23 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 13.44% in FY2024 (-5.67 pp), 19.12% in FY2023 (-3.75 pp), 22.87% in FY2022 (+25.50 pp) and -2.63% in FY2021 (+55.76 pp).
- The Q2 2026 figure represents the highest quarterly Net Margin since Q3 2023.
- Year-over-year, Net Margin increased in 1 of the last eight quarters, with an average year-over-year change of -4.26 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q3 2021 (a gain of 73.02 percentage points), and the weakest in Q3 2025 (a drop of 18.88 percentage points).
- Business Quant data shows MUR's Net Margin at 7.22% (Q1 2026), 1.94% (Q4 2025) and -0.42% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 11.43% |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 17.23% |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 8.80% |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 13.62% |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 20.14% |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | 9.17% |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 7.39% |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | 30.55% |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 21.33% |
| 10 | Murphy Oil | 5.16 Bn | 3.63 Bn | - | 25.01% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.01% |
| Mar 31, 2026 | 7.22% |
| Dec 31, 2025 | 1.94% |
| Sep 30, 2025 | -0.42% |
| Jun 30, 2025 | 3.20% |
| Mar 31, 2025 | 10.86% |
| Dec 31, 2024 | 7.51% |
| Sep 30, 2024 | 18.47% |
| Jun 30, 2024 | 15.94% |
| Mar 31, 2024 | 11.32% |
| Dec 31, 2023 | 13.82% |
| Sep 30, 2023 | 26.77% |
| Jun 30, 2023 | 12.09% |
| Mar 31, 2023 | 22.81% |
| Dec 31, 2022 | 20.22% |
| Sep 30, 2022 | 45.29% |
| Jun 30, 2022 | 29.31% |
| Mar 31, 2022 | -13.00% |
| Dec 31, 2021 | 22.09% |
| Sep 30, 2021 | 15.76% |
Murphy Oil Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=MUR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "MUR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=MUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();