Murphy Oil annual debt-to-equity ratio
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2025
Murphy Oil Debt-to-Equity Ratio Growth & History (MUR)
Murphy Oil's debt-to-equity ratio was 0.41 for fiscal 2025.
View full Murphy Oil company overviewMurphy Oil annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.41 | 0.01 | +3.24% |
| 2024 | 2024-12-31 | 0.40 | 0.01 | +2.12% |
| 2023 | 2023-12-31 | 0.39 | −0.17 | −30.18% |
| 2022 | 2022-12-31 | 0.56 | −0.25 | −31.12% |
| 2021 | 2021-12-31 | 0.81 | −0.08 | −8.67% |
| 2020 | 2020-12-31 | 0.89 | 0.26 | +41.88% |
| 2019 | 2019-12-31 | 0.62 | 0.05 | +8.37% |
| 2018 | 2018-12-31 | 0.58 | −0.05 | −8.64% |
| 2017 | 2017-12-31 | 0.63 | 0.02 | +3.71% |
| 2016 | 2016-12-31 | 0.61 | 0.03 | +5.57% |
| 2015 | 2015-12-31 | 0.58 | 0.23 | +65.70% |
| 2014 | 2014-12-31 | 0.35 | 0.00 | +0.95% |
| 2013 | 2013-12-31 | 0.34 | 0.09 | +37.28% |
| 2012 | 2012-12-31 | 0.25 | 0.18 | +267.63% |
| 2011 | 2011-12-31 | 0.07 | −0.05 | −40.38% |
| 2010 | 2010-12-31 | 0.11 | −0.07 | −37.81% |
| 2009 | 2009-12-31 | 0.18 | 0.02 | +12.43% |
| 2008 | 2008-12-31 | 0.16 | — | — |
Murphy Oil quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.43 | 0.01 | +3.59% |
| Q1 2026 | 2026-03-31 | 0.45 | 0.02 | +4.92% |
| Q4 2025 | 2025-12-31 | 0.41 | 0.01 | +3.24% |
| Q3 2025 | 2025-09-30 | 0.43 | 0.02 | +5.62% |
| Q2 2025 | 2025-06-30 | 0.42 | 0.01 | +1.52% |
| Q1 2025 | 2025-03-31 | 0.43 | 0.05 | +12.63% |
| Q4 2024 | 2024-12-31 | 0.40 | 0.01 | +2.12% |
| Q3 2024 | 2024-09-30 | 0.41 | −0.04 | −8.13% |
| Q2 2024 | 2024-06-30 | 0.41 | −0.11 | −20.84% |
| Q1 2024 | 2024-03-31 | 0.38 | −0.15 | −28.49% |
| Q4 2023 | 2023-12-31 | 0.39 | −0.17 | −30.18% |
| Q3 2023 | 2023-09-30 | 0.45 | −0.16 | −25.95% |
| Q2 2023 | 2023-06-30 | 0.52 | −0.21 | −29.02% |
| Q1 2023 | 2023-03-31 | 0.53 | −0.31 | −36.55% |
| Q4 2022 | 2022-12-31 | 0.56 | −0.25 | −31.12% |
| Q3 2022 | 2022-09-30 | 0.60 | −0.30 | −32.99% |
| Q2 2022 | 2022-06-30 | 0.73 | −0.24 | −24.75% |
| Q1 2022 | 2022-03-31 | 0.84 | −0.10 | −10.25% |
| Q4 2021 | 2021-12-31 | 0.81 | −0.08 | −8.67% |
| Q3 2021 | 2021-09-30 | 0.90 | 0.03 | +3.52% |
| Q2 2021 | 2021-06-30 | 0.97 | 0.15 | +17.72% |
| Q1 2021 | 2021-03-31 | 0.94 | 0.16 | +21.07% |
| Q4 2020 | 2020-12-31 | 0.89 | 0.26 | +41.88% |
| Q3 2020 | 2020-09-30 | 0.87 | 0.28 | +47.07% |
| Q2 2020 | 2020-06-30 | 0.82 | −0.29 | −26.20% |
| Q1 2020 | 2020-03-31 | 0.77 | 0.02 | +2.60% |
| Q4 2019 | 2019-12-31 | 0.62 | 0.05 | +8.37% |
| Q3 2019 | 2019-09-30 | 0.59 | −0.02 | −3.02% |
| Q2 2019 | 2019-06-30 | 1.11 | 0.49 | +79.70% |
| Q1 2019 | 2019-03-31 | 0.75 | 0.14 | +22.14% |
| Q4 2018 | 2018-12-31 | 0.58 | −0.05 | −8.64% |
| Q3 2018 | 2018-09-30 | 0.61 | 0.03 | +4.32% |
| Q2 2018 | 2018-06-30 | 0.62 | 0.14 | +30.42% |
| Q1 2018 | 2018-03-31 | 0.62 | 0.13 | +26.50% |
| Q4 2017 | 2017-12-31 | 0.63 | 0.02 | +3.71% |
| Q3 2017 | 2017-09-30 | 0.58 | −0.00 | −0.14% |
| Q2 2017 | 2017-06-30 | 0.48 | 0.00 | +0.98% |
| Q1 2017 | 2017-03-31 | 0.49 | −0.17 | −25.44% |
| Q4 2016 | 2016-12-31 | 0.61 | 0.03 | +5.57% |
| Q3 2016 | 2016-09-30 | 0.58 | 0.03 | +5.94% |
| Q2 2016 | 2016-06-30 | 0.47 | 0.06 | +13.46% |
| Q1 2016 | 2016-03-31 | 0.66 | 0.34 | +107.36% |
| Q4 2015 | 2015-12-31 | 0.58 | 0.23 | +65.70% |
| Q3 2015 | 2015-09-30 | 0.55 | 0.08 | +16.35% |
| Q2 2015 | 2015-06-30 | 0.42 | −0.04 | −7.94% |
| Q1 2015 | 2015-03-31 | 0.32 | −0.10 | −23.20% |
| Q4 2014 | 2014-12-31 | 0.35 | 0.00 | +0.95% |
| Q3 2014 | 2014-09-30 | 0.47 | 0.14 | +42.88% |
| Q2 2014 | 2014-06-30 | 0.45 | 0.08 | +20.42% |
| Q1 2014 | 2014-03-31 | 0.41 | 0.14 | +49.91% |
| Q4 2013 | 2013-12-31 | 0.34 | 0.09 | +37.28% |
| Q3 2013 | 2013-09-30 | 0.33 | 0.21 | +169.55% |
| Q2 2013 | 2013-06-30 | 0.37 | 0.29 | +340.09% |
| Q1 2013 | 2013-03-31 | 0.27 | 0.21 | +317.28% |
| Q4 2012 | 2012-12-31 | 0.25 | 0.18 | +267.63% |
| Q3 2012 · Sep 30 | 2012-09-30 | 0.12 | −0.03 | −17.34% |
| Q2 2012 | 2012-06-30 | 0.09 | −0.09 | −51.33% |
| Q1 2012 | 2012-03-31 | 0.07 | −0.05 | −42.43% |
| Q4 2011 | 2011-12-31 | 0.07 | −0.05 | −40.38% |
| Q3 2011 | 2011-09-30 | 0.15 | 0.15 | +11871967.72% |
| Q2 2011 | 2011-06-30 | 0.17 | 0.17 | +55029.40% |
| Q1 2011 | 2011-03-31 | 0.11 | −0.05 | −29.93% |
| Q4 2010 | 2010-12-31 | 0.11 | −0.07 | −37.81% |
| Q3 2010 | 2010-09-30 | 0.00 | 0.00 | — |
| Q2 2010 | 2010-06-30 | 0.00 | 0.00 | — |
| Q1 2010 | 2010-03-31 | 0.16 | — | — |
| Q4 2009 | 2009-12-31 | 0.18 | 0.02 | +12.43% |
| Q3 2009 | 2009-09-30 | 0.00 | — | — |
| Q2 2009 | 2009-06-30 | 0.00 | — | — |
| Q4 2008 | 2008-12-31 | 0.16 | — | — |
Murphy Oil debt-to-equity ratio trends
Over the last five fiscal years, Murphy Oil's debt-to-equity ratio decreased from 0.89 to 0.41, a change of −0.48. The latest reported quarter, Q2 2026, shows 0.43.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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