Murphy Oil (MUR) Return on Capital Employed [ROCE] (2009 - 2026)
Murphy Oil's Return on Capital Employed [ROCE] came in at 6.23% for Q2 2026, up 0.62 percentage points from 5.61% a year earlier and up 2.87 percentage points from the prior quarter.
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Analysis
Murphy Oil (MUR) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Murphy Oil's Return on Capital Employed [ROCE] was 3.47%, down 3.40 percentage points from FY2024.
- Return on Capital Employed [ROCE] has declined in each of the last three years, though with a five-year change of +16.50 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was 6.87% in FY2024 (-4.47 pp), 11.34% in FY2023 (-6.20 pp), 17.53% in FY2022 (+14.51 pp) and 3.03% in FY2021 (+16.06 pp).
- The Q2 2026 figure represents the highest quarterly Return on Capital Employed [ROCE] since Q1 2025.
- Year-over-year, Return on Capital Employed [ROCE] increased in 1 of the last eight quarters, with an average year-over-year change of -3.50 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q2 2022 (a gain of 19.14 percentage points), and the weakest in Q1 2024 (a drop of 10.78 percentage points).
- Business Quant data shows MUR's Return on Capital Employed [ROCE] at 3.36% (Q1 2026), 3.45% (Q4 2025) and 3.66% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 19.08% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | -29.93% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 5.20% |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 28.17% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | -190.97% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 19.88% |
| 10 | Murphy Oil | 5.31 Bn | 3.79 Bn | - | 6.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.23% |
| Mar 31, 2026 | 3.36% |
| Dec 31, 2025 | 3.45% |
| Sep 30, 2025 | 3.66% |
| Jun 30, 2025 | 5.61% |
| Mar 31, 2025 | 6.78% |
| Dec 31, 2024 | 6.89% |
| Sep 30, 2024 | 8.07% |
| Jun 30, 2024 | 10.38% |
| Mar 31, 2024 | 10.10% |
| Dec 31, 2023 | 11.57% |
| Sep 30, 2023 | 12.64% |
| Jun 30, 2023 | 16.76% |
| Mar 31, 2023 | 20.88% |
| Dec 31, 2022 | 17.61% |
| Sep 30, 2022 | 17.12% |
| Jun 30, 2022 | 11.67% |
| Mar 31, 2022 | 5.68% |
| Dec 31, 2021 | 3.07% |
| Sep 30, 2021 | -1.97% |
API Access
Murphy Oil Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=MUR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=MUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();