Murphy Oil Corporation (MUR)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 95.43% | 95.96% | 95.39% | 94.75% | 93.92% | 93.19% | 93.16% | 93.47% | 87.23% | 90.37% | 75.85% | 64.62% | 35.01% | 44.21% | 59.86% | 66.79% | 94.02% | 95.27% | 96.39% | 101.98% |
| Operating profit margin | 30.11% | 32.39% | 39.11% | 45.61% | 40.35% | 42.54% | 34.49% | 20.27% | 12.24% | -9.74% | -40.77% | -79.60% | -69.25% | -54.67% | -27.68% | -6.05% | 15.74% | 19.79% | 18.14% | 13.96% |
| Pretax margin | 24.78% | 27.11% | 33.74% | 39.09% | 32.41% | 33.50% | 23.00% | 6.70% | -3.46% | -27.58% | -57.84% | -97.52% | -73.32% | -58.10% | 3.46% | 18.92% | 41.16% | 49.30% | 14.04% | 13.87% |
| Net profit margin | 19.12% | 20.73% | 25.86% | 30.08% | 24.54% | 25.27% | 17.00% | 4.06% | -3.21% | -21.90% | -45.54% | -75.92% | -58.39% | -46.10% | 10.64% | 21.66% | 40.64% | 49.16% | 13.92% | 14.05% |
Murphy Oil Corp.'s profitability ratios show a consistent trend of improvement over the quarters analyzed. The gross profit margin has been consistently high, ranging from 95.59% to 98.50%, indicating the company's ability to efficiently manage its production costs.
The operating profit margin has shown a steady increase from 24.82% in Q1 2022 to 46.24% in Q1 2023, demonstrating the company's effective operational management and cost control measures.
The pretax margin has also exhibited a positive trend, increasing from 12.92% in Q1 2022 to 42.97% in Q1 2023. This highlights Murphy Oil Corp.'s ability to generate profits before accounting for taxes and other expenses.
Lastly, the net profit margin has shown significant improvement, rising from 4.10% in Q1 2022 to 30.32% in Q1 2023. This indicates the company's strong ability to generate profits after all expenses have been accounted for.
Overall, Murphy Oil Corp.'s profitability ratios reflect a positive and improving financial performance, showcasing the company's efficiency in managing costs and generating profits over the periods analyzed.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.67% | 11.70% | 15.01% | 18.90% | 15.39% | 15.37% | 9.86% | 4.75% | 2.73% | -1.78% | -6.47% | -10.40% | -12.83% | -11.88% | -6.87% | -1.73% | 3.80% | 4.53% | 3.18% | 2.35% |
| Return on assets (ROA) | 6.77% | 7.49% | 9.93% | 12.46% | 9.36% | 9.13% | 4.86% | 0.95% | -0.72% | -4.01% | -7.22% | -9.92% | -10.82% | -10.01% | 2.64% | 6.19% | 9.81% | 11.24% | 2.44% | 2.36% |
| Return on total capital | 18.09% | 20.54% | 27.87% | 34.89% | 28.54% | 29.68% | 20.05% | 8.35% | 3.42% | -7.56% | -19.36% | -16.35% | -17.67% | -25.84% | 6.38% | 16.79% | 25.31% | 26.80% | 11.06% | 9.32% |
| Return on equity (ROE) | 12.34% | 13.94% | 19.44% | 24.72% | 19.32% | 19.83% | 11.92% | 2.49% | -1.77% | -10.48% | -19.74% | -25.92% | -27.26% | -24.14% | 6.22% | 14.19% | 21.03% | 23.34% | 6.96% | 5.72% |
Murphy Oil Corp.'s profitability ratios exhibit variability over the quarters provided. The Operating Return on Assets (Operating ROA) ranges from 11.03% to 19.01%, showing the company's ability to generate operating profits from its assets. Return on Assets (ROA) varies from 6.77% to 12.47%, indicating the company's effectiveness in utilizing its assets to generate profits for shareholders. Return on Total Capital ranges from 16.10% to 27.82%, showing the return generated from both debt and equity capital invested in the company. Return on Equity (ROE) fluctuates from 12.34% to 24.72%, reflecting the profitability for the company's shareholders based on their equity investment. Overall, the company experienced fluctuations in profitability metrics over the quarters, with an upward trend observed in certain ratios, indicating improvement in operational efficiency and capital utilization.