Murphy Oil Corp. (MUR) intrinsic value & 10-year financials
Murphy Oil Corp. (MUR) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 4.2% a year to $2.7B, with an average return on invested capital of 4.6%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $41.74
- Market cap
- $6.0B
- Revenue (FY2025)
- $2.7B
- Revenue growth (10-yr CAGR)
- 4.2%
- ROIC (10-yr avg)
- 4.6%
- Free cash flow (FY2025)
- $227.2M
MUR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.7B | $104.2M | $0.72 | $227.2M | 11.2% | 3.5% |
| FY2024 | $3.0B | $407.2M | $2.70 | $820.8M | 20.0% | 8.1% |
| FY2023 | $3.4B | $661.6M | $4.22 | $682.7M | 30.2% | 12.7% |
| FY2022 | $4.2B | $965.0M | $6.13 | $1.2B | 37.6% | 19.3% |
| FY2021 | $2.8B | -$73.7M | -$0.48 | $751.7M | 10.0% | 4.0% |
| FY2020 | $1.8B | -$1.1B | -$7.48 | $42.9M | -77.8% | -14.6% |
| FY2019 | $2.8B | $1.1B | $6.98 | $144.8M | 15.8% | 5.7% |
| FY2018 | $2.6B | $411.1M | $2.36 | $116.6M | 24.3% | 8.7% |
| FY2017 | $2.1B | -$311.8M | -$1.81 | $118.4M | 15.5% | 2.5% |
| FY2016 | $1.9B | -$276.0M | -$1.60 | -$326.2M | -21.9% | -3.5% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
MURPHY OIL CORP has demonstrated mature, steady growth, with revenue compounding at 4.2% annually over the past decade.
MURPHY OIL CORP has historically struggled to out-earn its cost of capital, averaging just 4.6% ROIC.
Over the decade, MURPHY OIL CORP shows that management has aggressively returned capital to shareholders by retiring 16.3% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, MURPHY OIL CORP is modeled at -15.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-14.10 per share.