Murphy Oil Corporation (MUR)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 301,237 602,593 1,042,030 1,586,710 281,435
Total assets US$ in thousands 9,832,630 9,667,480 9,766,700 10,309,000 10,304,900
Operating ROA 3.06% 6.23% 10.67% 15.39% 2.73%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $301,237K ÷ $9,832,630K
= 3.06%