Murphy Oil's gross profit for the
three
months ended in Dec. 2024 was $181 Mil. Murphy Oil's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $1,002 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Murphy Oil's gross profit for the
three
months ended in Dec. 2024 was $181 Mil. Murphy Oil's Revenue for the
three
months ended in Dec. 2024 was $670 Mil. Therefore, Murphy Oil's Gross Margin % for the quarter that ended in Dec. 2024 was 26.97%.
Murphy Oil had a gross margin of 26.97% for the quarter that ended in Dec. 2024 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Murphy Oil was 56.38%. The lowest was -0.46%. And the median was 32.35%.
Murphy Oil Gross Profit Historical Data
The historical data trend for Murphy Oil's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Murphy Oil's Gross Profit
For the Oil & Gas E&P subindustry, Murphy Oil's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Murphy Oil's Gross Profit Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Murphy Oil's Gross Profit distribution charts can be found below:
* The bar in red indicates where Murphy Oil's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,002 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Murphy Oil (NYSE:MUR) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Murphy Oil had a gross margin of 26.97% for the quarter that ended in Dec. 2024 => Competition eroding margins
Murphy Oil Gross Profit Related Terms
Thank you for viewing the detailed overview of Murphy Oil's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Murphy Oil Corp is an oil and gas exploration and production company, with both onshore and offshore operations and properties. It operates in two geographic reportable segments the United States and Canada. It generates the majority of its revenue form the United States.
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