Murphy Oil (MUR) Tax Rate (2009 - 2026)
Murphy Oil (MUR) recorded Tax Rate of 22.59% in Q2 2026, up 19.63 percentage points from 2.96% a year earlier but down 19.33 percentage points from the prior quarter.
Murphy Oil (MUR) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Murphy Oil's Tax Rate came in at 28.39% as of Jun 30, 2026, up 15.75 percentage points year-over-year; for FY2025, it came in at 24.36%, up 10.57 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +5.40 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 13.79% in FY2024 (-7.48 pp), 21.27% in FY2023 (-0.07 pp), 21.34% in FY2022 (+35.09 pp) and -13.76% in FY2021 (-32.72 pp).
- Quarterly Tax Rate has ranged from -112.35% in Q3 2025 to 41.92% in Q1 2026 over the past five years.
- On a year-over-year basis, Tax Rate has increased for three consecutive quarters, with an average year-over-year change of -12.73 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 19.63 percentage points in Q2 2026, against a drop of 113.73 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 41.92% (Q1 2026), 22.98% (Q4 2025) and -112.35% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 31.41% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 26.95% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 35.37% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 21.97% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 18.22% |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | - |
| 10 | Murphy Oil | 5.26 Bn | 3.73 Bn | - | 22.59% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.59% |
| Mar 31, 2026 | 41.92% |
| Dec 31, 2025 | 22.98% |
| Jun 30, 2025 | 2.96% |
| Mar 31, 2025 | 26.65% |
| Dec 31, 2024 | 17.07% |
| Sep 30, 2024 | 1.38% |
| Jun 30, 2024 | 17.23% |
| Mar 31, 2024 | 20.64% |
| Dec 31, 2023 | 17.17% |
| Sep 30, 2023 | 21.92% |
| Jun 30, 2023 | 27.39% |
| Mar 31, 2023 | 20.09% |
| Dec 31, 2022 | 21.89% |
| Sep 30, 2022 | 21.72% |
| Jun 30, 2022 | 20.38% |
| Dec 31, 2021 | 21.66% |
| Sep 30, 2021 | 21.06% |
| Sep 30, 2019 | 10.61% |
| Jun 30, 2019 | 8.45% |
Murphy Oil Tax Rate 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=tax-rate&ticker=MUR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();