Murphy Oil (MUR) Return on Invested Capital [ROIC] (2009 - 2026)
Murphy Oil (MUR) reported Return on Invested Capital [ROIC] of 5.82% for Q2 2026, down 0.62 percentage points from 6.43% a year earlier but up 2.93 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).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of -2.04% in Q3 2021 and a high of 21.54% in Q1 2023.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last 12 quarters, with an average year-over-year change of -3.71 percentage points over the last eight quarters.
- 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 Q2 2026 came in at 2.89% (Q1 2026), 3.43% (Q4 2025) and 3.77% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 11.12% |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 17.88% |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | -30.32% |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | 6.94% |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 22.50% |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | -181.46% |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | 44.95% |
| 10 | Murphy Oil | 5.40 Bn | 3.88 Bn | - | 5.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | -2.04% |
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();