• Murphy Oil average pre-tax profit margin for 2023 was 33.49%, a 14.38% decline from 2022.
• Murphy Oil average pre-tax profit margin for 2022 was 29.28%, a 167.67% increase from 2021.
• Murphy Oil average pre-tax profit margin for 2021 was -43.27%, a 9.65% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.