Murphy Oil Corporation (MUR) Income Statement
MUR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMUR revenue and net income
Where MUR's revenue goes
2025Each bar shows an amount and its share of revenue. MUR kept 3.9% of revenue as net income.
MUR profit margins
MUR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −10.9% | −13.9% | +9.0% | −1.2% |
| Gross profit | −42.3% | −37.6% | — | −0.1% |
| Operating income | −35.7% | −37.5% | — | — |
| Net income | −74.4% | −52.4% | — | — |
| EPS (diluted) | −49.8% | −37.3% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MUR quarterly EPS vs estimates
Murphy Oil beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.67).
MUR income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.69B | $3.02B | $3.45B | $4.22B | $2.80B | $1.75B | $2.82B | $2.59B | $2.10B | $1.81B |
| Cost of revenue | $2.11B | $2.02B | $827.3M | $1.84B | $1.52B | $1.76B | $1.93B | $1.53B | $1.43B | $1.61B |
| Gross profit | $577.8M | $1.00B | $2.62B | $2.38B | $1.28B | −$8.0M | $887.8M | $1.06B | $671.7M | $196.1M |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $137.3M | $110.1M | $117.3M | $131.1M | $122.0M | $280.5M | $232.7M | $216.0M | $222.8M | $265.2M |
| Total operating expenses | $190.5M | $399.3M | $1.58B | $792.6M | $998.1M | $1.35B | $442.5M | $364.6M | $388.2M | $413.8M |
| Operating income | $387.3M | $602.6M | $1.04B | $1.59B | $281.4M | −$1.36B | $445.3M | $629.7M | $321.6M | −$217.7M |
| Interest income | $96.1M | $105.9M | $112.4M | $150.8M | $238.5M | $186.7M | $22.5M | $15.8M | $68.0M | $62.9M |
| Interest expense | $96.1M | $105.9M | $112.4M | $150.8M | $221.8M | $169.4M | $241.8M | $180.4M | $249.8M | $148.2M |
| Income before taxes | $182.9M | $567.6M | $921.1M | $1.45B | $42.9M | −$1.55B | $203.5M | $432.3M | $71.8M | −$493.1M |
| Income taxes | $44.6M | $78.3M | $195.9M | $309.5M | −$5.9M | −$293.7M | $14.7M | $9.3M | $382.7M | −$219.2M |
| Net income | $104.2M | $407.2M | $661.6M | $965.0M | −$73.7M | −$1.15B | $1.15B | $411.1M | −$311.8M | −$276.0M |
| EBITDA | $1.26B | $1.54B | $1.95B | $2.44B | $1.06B | −$323.5M | $1.67B | $1.08B | $1.31B | $814.3M |
| EPS (diluted) | $1.38 | $2.75 | $4.52 | $5.60 | $1.29 | −$1.25 | $0.88 | $1.25 | −$0.12 | −$1.36 |
| Gross margin | 21.5% | 33.2% | 76.0% | 56.4% | 45.7% | −0.5% | 31.5% | 40.9% | 32.0% | 10.8% |
| Operating margin | 14.4% | 20.0% | 30.2% | 37.6% | 10.0% | −77.8% | 15.8% | 24.3% | 15.3% | −12.0% |
| Net margin | 3.9% | 13.5% | 19.2% | 22.9% | −2.6% | −65.6% | 40.8% | 15.9% | −14.9% | −15.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $928.3M | $732.4M | $642.1M | $721.0M | $683.1M | $672.7M | $669.6M | $753.2M | $801.0M | $794.8M | $842.3M | $953.8M |
| Cost of revenue | $204.0M | $542.2M | −$456.6M | $244.8M | $528.9M | $448.1M | $489.0M | $494.0M | $531.6M | $502.1M | $471.5M | $497.9M |
| Gross profit | $724.3M | $190.1M | $1.10B | $476.2M | $154.1M | $224.6M | $180.6M | $259.2M | $269.4M | $292.7M | $370.8M | $455.9M |
| Research & development | $39.3M | — | — | — | — | — | — | — | — | — | — | — |
| Sales, general & admin | $38.7M | $34.9M | $38.6M | $30.9M | $36.9M | $30.9M | $31.2M | $24.9M | $22.9M | $31.2M | $42.9M | $30.7M |
| Total operating expenses | $369.7M | $53.1M | $1.04B | $470.4M | $61.9M | $80.7M | $95.4M | $80.2M | $85.1M | $138.7M | $168.0M | $78.4M |
| Operating income | $354.7M | $137.1M | $59.3M | $5.8M | $92.2M | $143.9M | $85.2M | $179.0M | $184.3M | $154.1M | $202.8M | $377.5M |
| Interest income | — | — | $22.8M | $24.7M | $25.1M | $23.5M | $43.7M | $21.3M | — | — | — | $30.0M |
| Interest expense | $24.9M | $28.98B | $22.8M | $24.7M | $25.1M | $23.5M | $43.7M | $21.3M | $21.0M | $20.0M | $23.7M | $30.0M |
| Income before taxes | $341.0M | $119.1M | $22.1M | −$3.7M | $34.9M | $122.8M | $78.6M | $153.8M | $189.6M | $145.6M | $169.5M | $356.3M |
| Income taxes | $77.0M | $49.9M | $34.0M | $4.2M | $1.0M | $32.7M | $13.4M | $2.1M | $32.7M | $30.1M | $29.1M | $78.1M |
| Net income | $232.2M | $53.0M | $11.9M | −$3.0M | $22.3M | $73.0M | $50.3M | $139.1M | $127.7M | $90.0M | $116.3M | $255.3M |
| EBITDA | $588.7M | −$28.59B | $300.3M | $322.2M | $319.2M | $340.5M | $337.7M | $413.9M | $426.1M | $376.7M | $406.0M | $623.8M |
| EPS (diluted) | $1.55 | $0.32 | $0.14 | $0.41 | $0.27 | $0.56 | $0.35 | $0.74 | $0.81 | $0.85 | $0.90 | $1.59 |
| Gross margin | 78.0% | 26.0% | 171.1% | 66.0% | 22.6% | 33.4% | 27.0% | 34.4% | 33.6% | 36.8% | 44.0% | 47.8% |
| Operating margin | 38.2% | 18.7% | 9.2% | 0.8% | 13.5% | 21.4% | 12.7% | 23.8% | 23.0% | 19.4% | 24.1% | 39.6% |
| Net margin | 25.0% | 7.2% | 1.8% | −0.4% | 3.3% | 10.9% | 7.5% | 18.5% | 15.9% | 11.3% | 13.8% | 26.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MUR's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MUR financial results
In fiscal year 2025 (ended December 31, 2025), Murphy Oil reported revenue of $2.7 billion, down 10.9% from the year before. It had net income of $104.2 million (down 74.4%), a net profit margin of 3.9%. Diluted earnings per share came to $1.38. Over five years revenue grew at an average rate of 9.0% a year.
See the MUR stock overview for the latest quote and news, or the MUR chart for price history and technical indicators.
MUR income statement FAQ
What is Murphy Oil's annual revenue?
Murphy Oil reported total revenue of $2.7 billion for fiscal year 2025, which ended on December 31, 2025. That was down 10.9% from $3.0 billion the previous year.
Is Murphy Oil profitable?
Yes. Murphy Oil reported net income of $104.2 million in fiscal 2025, a net profit margin of 3.9%; its operating margin was 14.4%.
What is Murphy Oil's gross margin?
Murphy Oil's gross margin was 21.5% in fiscal 2025: for every $100 of revenue, Murphy Oil kept $21 after the direct cost of its products and services.
How fast is Murphy Oil growing?
Revenue grew 9.0% a year on average over the last five fiscal years, from $1.8 billion to $2.7 billion.
What are Murphy Oil's earnings per share?
Murphy Oil earned $1.38 per diluted share in fiscal 2025, compared with $2.75 a year earlier.
When will Murphy Oil report its next earnings?
Murphy Oil is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Murphy Oil's fiscal year end?
Murphy Oil's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.