Murphy Oil (MUR) Return on Invested Capital [ROIC] (2009 - 2026)
Murphy Oil (MUR) reported Return on Invested Capital [ROIC] of 8.71% for Q3 2026, up 4.93 percentage points from 3.77% a year earlier and up 2.89 percentage points from the prior quarter.
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Analysis
Murphy Oil (MUR) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Murphy Oil posted Return on Invested Capital [ROIC] of 3.44%, down 4.26 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined for three consecutive years, though with a five-year change of +17.25 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 7.70% in FY2024 (-4.15 pp), 11.85% in FY2023 (-6.30 pp), 18.14% in FY2022 (+14.17 pp) and 3.97% in FY2021 (+17.78 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since Q3 2024.
- Year over year, Return on Invested Capital [ROIC] gained in 1 of the last eight quarters, with an average year-over-year change of -2.65 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q3 2022 (a gain of 20.16 percentage points); the low point was Q1 2024 (a drop of 11.25 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 5.82% (Q2 2026), 2.89% (Q1 2026) and 3.43% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 13.86% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 12.13% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 9.03% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 25.32% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 57.33% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 25.31% |
| 10 | Murphy Oil | 5.28 Bn | 3.71 Bn | - | 8.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.71% |
| Jun 30, 2026 | 5.82% |
| Mar 31, 2026 | 2.89% |
| Dec 31, 2025 | 3.43% |
| Sep 30, 2025 | 3.77% |
| Jun 30, 2025 | 6.43% |
| Mar 31, 2025 | 7.55% |
| Dec 31, 2024 | 7.81% |
| Sep 30, 2024 | 9.17% |
| Jun 30, 2024 | 10.84% |
| Mar 31, 2024 | 10.30% |
| Dec 31, 2023 | 11.75% |
| Sep 30, 2023 | 12.67% |
| Jun 30, 2023 | 16.75% |
| Mar 31, 2023 | 21.54% |
| Dec 31, 2022 | 17.99% |
| Sep 30, 2022 | 18.12% |
| Jun 30, 2022 | 12.29% |
| Mar 31, 2022 | 5.91% |
| Dec 31, 2021 | 4.16% |
API Access
Murphy Oil Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=MUR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=MUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();