MUR Murphy Oil margins

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Relative Growth: Rel. Growth: 51
Relative Strength: Rel. Strength: 84
Relative Valuation: Rel. Valuation: 70
Relative Profitability: Rel. Profitability: 62
Gross margin
72.8%
Operating margin
18.5%
EBITDA margin
52.1%
Net margin
9.7%

Using the latest TTM figures, Murphy Oil shows a gross margin of 72.8%, an operating margin of 18.5%, an EBITDA margin of 52.1%, and a net margin of 9.7%. Gross margin showed the largest year-over-year gain at 11.1 percentage points, whereas net margin showed the largest decline at 0.5 percentage points.

MUR margin history

Gross, operating, EBITDA and net margin trends

Looking back over the last 3 years, Murphy Oil recorded average margins of 65.65% gross, 19.65% operating, 48.7% EBITDA, and 11.49% net. The current figures show gross and EBITDA margins are above their three-year averages, while operating and net margins are below their three-year averages.

MUR margin expansion

Year-over-year margin changes in percentage points

The largest positive change was in gross margin, up 11.1 percentage points. Operating margin also expanded by 0.6 percentage points and Ebitda margin also expanded by 4.1 percentage points, while net margin contracted by 0.5 percentage points.

Gross margin expansion
11.1pp
Operating margin expansion
0.6pp
EBITDA margin expansion
4.1pp
Net margin expansion
-0.5pp

MUR Gross margin

Over the last 3 years, Murphy Oil's gross margin averaged 65.65%. As of the latest period, Murphy Oil's current gross margin is 72.8%, which is 7.2 percentage points above its three-year average. During this period, gross margin reached a high of 72.8% in Jun 2026 and a low of 61.6% in Mar 2025.

MUR Operating margin

Across the last 3 years, Murphy Oil's operating margin averaged 19.65%. Currently, Murphy Oil's current operating margin is 18.5%, which is 1.2 percentage points below its three-year average. Operating margin was highest at 30.1% in Dec 2023 and lowest at 10.6% in Mar 2026.

MUR EBITDA margin

Murphy Oil recorded an average EBITDA margin of 48.7% across the last 3 years. Murphy Oil's current EBITDA margin is 52.1% and is 3.4 percentage points above its three-year average. EBITDA margin was highest at 52.9% in Dec 2023 and lowest at 45% in Dec 2025.

MUR Net margin

Over the last 3 years, Murphy Oil's net margin averaged 11.49%. The current net margin of 9.7% is 1.8 percentage points below its three-year average. During this period, net margin reached a high of 19.1% in Dec 2023 and a low of 3% in Mar 2026.

MUR margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 72.8%, MUR stands above the Energy sector, the industry and its peers average. In comparison with its Energy sector average of 42.5%, Murphy Oil's gross margin is 71% higher.

MUR margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Murphy Oil's gross margin?

The current gross margin for MUR is 72.8% as of Jun 30, 2026.

What is Murphy Oil's operating margin?

As of Jun 30, 2026, MUR has an operating margin of 18.5%.

What is Murphy Oil's EBITDA margin?

The current EBITDA margin for MUR is 52.1% as of Jun 30, 2026.

What is Murphy Oil's net margin?

For the period ending Jun 30, 2026, MUR recorded a net margin of 9.7%.

What are the average margins of MUR?

Murphy Oil's gross, operating, EBITDA, and net margins averaged 65.7% gross, 19.7% operating, 48.7% EBITDA, and 11.5% net over the last 3 years.

What are the highest historical margins of MUR?

Looking back across 5 years, MUR reached 74.4% gross in Sep 2022, 45.6% operating in Mar 2023, 61.6% EBITDA in Mar 2023, and 30.1% net in Mar 2023.

What are the lowest historical margins of MUR?

Across the 5-year period, MUR posted its lowest margins at 61.6% gross in Mar 2025, 10.6% operating in Mar 2026, 40.8% EBITDA in Dec 2021, and -3.2% net in Dec 2021.