Murphy Oil vs SM Energy
SM Energy reported revenue of $3.2 billion in fiscal 2025, 1.2 times Murphy Oil's $2.7 billion in fiscal 2025. Murphy Oil's revenue fell 10.2% in its latest year, and SM Energy's grew 17.2%. Murphy Oil had an operating margin of 11.1%, against 31.7% at SM Energy.
Side by side
| Murphy Oil | SM Energy | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $2.7B | $3.2B |
| Revenue growth | −10.2% | 17.2% |
| Revenue growth a year, last 5 years | 6.7% | 22.9% |
| Gross margin | — | — |
| Operating margin | 11.1% | 31.7% |
| Net margin | 3.8% | 20.6% |
| Free cash flow | $227M | — |
| Free cash flow margin | 8.4% | — |
| Return on capital | 3.7% | 11.1% |
| Net debt to EBITDA | 0.7x | — |
| Dividends and buybacks | $289M | $105M |
| Change in diluted share count | −4.6% | −0.9% |
| Last close | $44.22 | $40.15 |
| P/E at the last close | 21.9× | — |
| Insider trades, last 12 months | sold $1.9 million | sold $1.6 million |
| Piotroski F-score | 5 of 8 | 6 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Murphy OilSM Energy
Operating margin
Percent of revenue
Murphy OilSM Energy
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Murphy OilSM Energy
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Murphy Oil and SM Energy pages.