Murphy Oil Corporation (MUR)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 45.67% | 47.83% | 50.80% | 54.14% | 56.98% | 45.30% | 47.98% | 53.66% | 56.38% | 57.45% | 55.86% | 50.82% | 45.68% | 37.81% | 28.97% | 8.90% | -0.46% | 6.26% | 13.56% | 25.44% |
| Operating profit margin | 18.22% | 23.53% | 27.99% | 27.37% | 30.20% | 32.38% | 40.44% | 45.97% | 45.43% | 47.62% | 39.05% | 27.00% | 10.05% | -7.43% | -30.93% | -61.34% | -77.77% | -60.11% | -30.87% | -7.04% |
| Pretax margin | 18.79% | 20.62% | 25.37% | 23.45% | 26.69% | 28.79% | 37.10% | 42.97% | 34.37% | 35.76% | 24.73% | 10.27% | 1.53% | -17.18% | -41.91% | -75.06% | -88.43% | -70.43% | -39.75% | -15.45% |
| Net profit margin | 13.48% | 16.76% | 19.20% | 18.26% | 20.97% | 20.73% | 26.75% | 30.32% | 24.01% | 24.58% | 15.99% | 4.83% | -2.63% | -16.70% | -34.56% | -58.50% | -65.58% | -50.69% | 11.86% | 25.18% |
Murphy Oil Corporation's profitability ratios have varied over the past few years. The gross profit margin has shown a generally increasing trend from around 25% in March 2020 to approximately 54% in December 2024, indicating an improvement in the company's ability to generate profits after accounting for the cost of goods sold.
The operating profit margin, which reflects the company's ability to control operating expenses, has fluctuated significantly. Starting from negative percentages in 2020, the operating profit margin improved gradually and peaked around 40% in June 2023 before slightly declining in the following quarters.
The pretax margin, representing the company's profitability before taxes, has shown a similar pattern to the operating profit margin, with a steady improvement from negative percentages in 2020 to reaching levels above 30% by the end of 2022, before declining slightly in the subsequent periods.
The net profit margin, which reflects the company's overall profitability after all expenses are deducted, has also demonstrated an upward trend, with positive percentages achieved from the negative figures in 2020. The net profit margin has ranged between 16% and 30% during the most recent quarters, indicating the company's ability to generate profits efficiently.
Overall, the profitability ratios of Murphy Oil Corporation have shown improvement over the years, with increasing gross profit margins and positive net profit margins indicating better financial performance and efficiency in generating profits. The variations in operating and pretax margins reflect fluctuations in operating expenses and tax burdens, but the overall trend suggests a positive financial trajectory for the company.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.69% | 7.73% | 9.60% | 9.64% | 10.67% | 11.70% | 15.01% | 18.90% | 18.60% | 18.61% | 12.99% | 7.89% | 2.73% | -1.78% | -6.47% | -10.40% | -12.83% | -11.88% | -6.87% | -1.73% |
| Return on assets (ROA) | 4.21% | 5.51% | 6.58% | 6.43% | 7.41% | 7.49% | 9.93% | 12.47% | 9.83% | 9.60% | 5.32% | 1.41% | -0.71% | -4.01% | -7.22% | -9.92% | -10.82% | -10.02% | 2.64% | 6.19% |
| Return on total capital | 10.70% | 14.18% | 17.95% | 17.01% | 18.62% | 21.68% | 29.47% | 37.81% | 32.05% | 33.73% | 24.09% | 12.08% | 6.43% | -4.63% | -17.59% | -26.99% | -31.00% | -28.62% | -16.17% | -3.96% |
| Return on equity (ROE) | 7.62% | 10.20% | 12.24% | 11.73% | 13.04% | 13.95% | 19.44% | 24.72% | 20.29% | 20.86% | 13.04% | 3.69% | -1.70% | -10.48% | -19.74% | -25.92% | -26.14% | -24.14% | 6.22% | 14.19% |
Murphy Oil Corporation's profitability ratios have shown a significant improvement over the last few years. The Operating return on assets (Operating ROA) has steadily increased from negative percentages at the end of 2020 to over 18% by the end of 2023, indicating that the company is generating profits from its core operations more efficiently.
Similarly, the Return on assets (ROA) also witnessed a positive trend, increasing from negative double-digit percentages in 2020 to around 6.43% by the end of 2024. This indicates that the company is effectively utilizing its assets to generate profits for its shareholders.
The Return on total capital and Return on equity (ROE) ratios followed a similar trend, showing steady improvement over the years. The Return on total capital increased from negative percentages in 2020 to around 10.70% by the end of 2024, reflecting the company's ability to generate returns for all its capital providers.
Overall, these positive trends in profitability ratios suggest that Murphy Oil Corporation has been successful in improving its financial performance and generating better returns for its investors over the past few years.