Murphy Oil annual operating margin
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2025
Murphy Oil Operating Margin Growth & History (MUR)
Murphy Oil's operating margin was 11.20% for fiscal 2025.
View full Murphy Oil company overviewMurphy Oil annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 11.20% | −8.76 pp |
| 2024 | 2024-12-31 | 19.96% | −10.25 pp |
| 2023 | 2023-12-31 | 30.21% | −7.38 pp |
| 2022 | 2022-12-31 | 37.60% | +27.55 pp |
| 2021 | 2021-12-31 | 10.05% | +87.82 pp |
| 2020 | 2020-12-31 | −77.77% | −93.58 pp |
| 2019 | 2019-12-31 | 15.81% | +3.87 pp |
| 2018 | 2018-12-31 | 11.93% | +13.96 pp |
| 2017 | 2017-12-31 | −2.02% | +18.85 pp |
| 2016 | 2016-12-31 | −20.88% | +89.85 pp |
| 2015 | 2015-12-31 | −110.72% | −133.59 pp |
| 2014 | 2014-12-31 | 22.87% | −4.45 pp |
| 2013 | 2013-12-31 | 27.32% | −2.29 pp |
| 2012 | 2012-12-31 | 29.61% | +2.32 pp |
| 2011 | 2011-12-31 | 27.30% | +20.68 pp |
| 2010 | 2010-12-31 | 6.62% | −0.70 pp |
| 2009 | 2009-12-31 | 7.31% | −2.96 pp |
| 2008 | 2008-12-31 | 10.27% | +3.78 pp |
| 2007 | 2007-12-31 | 6.49% | — |
Murphy Oil quarterly operating margin
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Q3.08
Q1.09
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Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
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Q3.11
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Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
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Q4.15
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Q2.16
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Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 38.29% | +24.79 pp |
| Q1 2026 | 2026-03-31 | 18.88% | −2.51 pp |
| Q4 2025 | 2025-12-31 | 9.68% | −3.04 pp |
| Q3 2025 | 2025-09-30 | 0.80% | −22.97 pp |
| Q2 2025 | 2025-06-30 | 13.50% | −9.51 pp |
| Q1 2025 | 2025-03-31 | 21.39% | +2.01 pp |
| Q4 2024 | 2024-12-31 | 12.72% | −11.36 pp |
| Q3 2024 | 2024-09-30 | 23.77% | −15.81 pp |
| Q2 2024 | 2024-06-30 | 23.01% | +2.73 pp |
| Q1 2024 | 2024-03-31 | 19.38% | −15.95 pp |
| Q4 2023 | 2023-12-31 | 24.09% | −8.79 pp |
| Q3 2023 | 2023-09-30 | 39.58% | −24.99 pp |
| Q2 2023 | 2023-06-30 | 20.28% | −25.83 pp |
| Q1 2023 | 2023-03-31 | 35.33% | +40.17 pp |
| Q4 2022 | 2022-12-31 | 32.87% | −7.80 pp |
| Q3 2022 | 2022-09-30 | 64.57% | +32.08 pp |
| Q2 2022 | 2022-06-30 | 46.11% | +44.82 pp |
| Q1 2022 | 2022-03-31 | −4.83% | +39.34 pp |
| Q4 2021 | 2021-12-31 | 40.67% | +76.03 pp |
| Q3 2021 | 2021-09-30 | 32.49% | +97.86 pp |
| Q2 2021 | 2021-06-30 | 1.29% | +132.24 pp |
| Q1 2021 | 2021-03-31 | −44.18% | +48.15 pp |
| Q4 2020 | 2020-12-31 | −35.36% | −30.50 pp |
| Q3 2020 | 2020-09-30 | −65.38% | −95.56 pp |
| Q2 2020 | 2020-06-30 | −130.95% | −156.09 pp |
| Q1 2020 | 2020-03-31 | −92.33% | −105.76 pp |
| Q4 2019 | 2019-12-31 | −4.85% | −15.66 pp |
| Q3 2019 | 2019-09-30 | 30.18% | +4.37 pp |
| Q2 2019 | 2019-06-30 | 25.13% | +20.06 pp |
| Q1 2019 | 2019-03-31 | 13.44% | +8.85 pp |
| Q4 2018 | 2018-12-31 | 10.81% | +69.47 pp |
| Q3 2018 | 2018-09-30 | 25.82% | +18.36 pp |
| Q2 2018 | 2018-06-30 | 5.07% | −7.81 pp |
| Q1 2018 | 2018-03-31 | 4.59% | −37.55 pp |
| Q4 2017 | 2017-12-31 | −58.66% | −58.64 pp |
| Q3 2017 | 2017-09-30 | 7.46% | +5.92 pp |
| Q2 2017 | 2017-06-30 | 12.89% | +42.89 pp |
| Q1 2017 | 2017-03-31 | 42.14% | +103.74 pp |
| Q4 2016 | 2016-12-31 | −0.02% | +94.96 pp |
| Q3 2016 | 2016-09-30 | 1.54% | +338.35 pp |
| Q2 2016 | 2016-06-30 | −30.01% | −15.09 pp |
| Q1 2016 | 2016-03-31 | −61.59% | −48.82 pp |
| Q4 2015 | 2015-12-31 | −94.98% | −112.78 pp |
| Q3 2015 | 2015-09-30 | −336.81% | −364.48 pp |
| Q2 2015 | 2015-06-30 | −14.91% | −37.49 pp |
| Q1 2015 | 2015-03-31 | −12.77% | −38.75 pp |
| Q4 2014 | 2014-12-31 | 17.80% | +3.17 pp |
| Q3 2014 | 2014-09-30 | 27.67% | −5.00 pp |
| Q2 2014 | 2014-06-30 | 22.58% | −11.52 pp |
| Q1 2014 | 2014-03-31 | 25.98% | −1.91 pp |
| Q4 2013 | 2013-12-31 | 14.63% | +11.77 pp |
| Q3 2013 | 2013-09-30 | 32.66% | +18.41 pp |
| Q2 2013 | 2013-06-30 | 34.10% | +27.28 pp |
| Q1 2013 | 2013-03-31 | 27.89% | +21.19 pp |
| Q4 2012 | 2012-12-31 | 2.86% | +6.91 pp |
| Q3 2012 | 2012-09-30 | 14.25% | +6.96 pp |
| Q2 2012 | 2012-06-30 | 6.82% | +0.01 pp |
| Q1 2012 | 2012-03-31 | 6.69% | +0.13 pp |
| Q4 2011 | 2011-12-31 | −4.05% | −8.40 pp |
| Q3 2011 | 2011-09-30 | 7.29% | +0.51 pp |
| Q2 2011 | 2011-06-30 | 6.81% | −1.15 pp |
| Q1 2011 | 2011-03-31 | 6.56% | +1.04 pp |
| Q4 2010 | 2010-12-31 | 4.35% | −4.18 pp |
| Q3 2010 | 2010-09-30 | 6.78% | +0.75 pp |
| Q2 2010 | 2010-06-30 | 7.96% | +2.01 pp |
| Q1 2010 | 2010-03-31 | 5.52% | +0.98 pp |
| Q4 2009 | 2009-12-31 | 8.53% | — |
| Q3 2009 | 2009-09-30 | 6.03% | −5.22 pp |
| Q2 2009 | 2009-06-30 | 5.95% | −5.66 pp |
| Q1 2009 | 2009-03-31 | 4.54% | — |
| Q3 2008 | 2008-09-30 | 11.26% | — |
| Q2 2008 | 2008-06-30 | 11.61% | — |
Murphy Oil operating margin trends
Over the last five fiscal years, Murphy Oil's operating margin increased from −77.77% to 11.20%, a change of +88.97 percentage points. The latest reported quarter, Q2 2026, shows 38.29%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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