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Side-by-side financial comparison of BILL Holdings, Inc. (BILL) and MURPHY OIL CORP (MUR). Click either name above to swap in a different company.
MURPHY OIL CORP is the larger business by last-quarter revenue ($613.1M vs $414.7M, roughly 1.5× BILL Holdings, Inc.). MURPHY OIL CORP runs the higher net margin — 1.9% vs -0.6%, a 2.6% gap on every dollar of revenue. On growth, BILL Holdings, Inc. posted the faster year-over-year revenue change (14.4% vs -8.4%). Over the past eight quarters, BILL Holdings, Inc.'s revenue compounded faster (13.3% CAGR vs -12.2%).
BILL Holdings, Inc. is an American company based in San Jose, California, that provides automated, cloud-based software for financial operations for small businesses in the United States. A white-labeled, end-to-end payments automation platform, Bill.com Connect is offered to financial institutions as part of their single sign-on online business banking ecosystem.
Murphy Oil Corporation is an American energy company engaged in hydrocarbon exploration headquartered in Houston, Texas.
BILL vs MUR — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $414.7M | $613.1M |
| Net Profit | $-2.6M | $11.9M |
| Gross Margin | 79.8% | — |
| Operating Margin | -4.4% | 9.7% |
| Net Margin | -0.6% | 1.9% |
| Revenue YoY | 14.4% | -8.4% |
| Net Profit YoY | -107.7% | -76.3% |
| EPS (diluted) | $-0.03 | $0.08 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $414.7M | $613.1M | ||
| Q3 25 | $395.7M | $721.0M | ||
| Q2 25 | $383.3M | $683.0M | ||
| Q1 25 | $358.2M | $672.7M | ||
| Q4 24 | $362.6M | $669.6M | ||
| Q3 24 | $358.4M | $753.2M | ||
| Q2 24 | $343.7M | $801.0M | ||
| Q1 24 | $323.0M | $794.8M |
| Q4 25 | $-2.6M | $11.9M | ||
| Q3 25 | $-3.0M | $-3.0M | ||
| Q2 25 | $-7.1M | $22.3M | ||
| Q1 25 | $-11.6M | $73.0M | ||
| Q4 24 | $33.5M | $50.4M | ||
| Q3 24 | $8.9M | $139.1M | ||
| Q2 24 | $7.6M | $127.7M | ||
| Q1 24 | $31.8M | $90.0M |
| Q4 25 | 79.8% | — | ||
| Q3 25 | 80.5% | — | ||
| Q2 25 | 80.8% | — | ||
| Q1 25 | 81.2% | — | ||
| Q4 24 | 81.6% | — | ||
| Q3 24 | 82.0% | — | ||
| Q2 24 | 81.0% | 99.6% | ||
| Q1 24 | 83.0% | 100.0% |
| Q4 25 | -4.4% | 9.7% | ||
| Q3 25 | -5.2% | 0.8% | ||
| Q2 25 | -5.8% | 13.5% | ||
| Q1 25 | -8.1% | 21.4% | ||
| Q4 24 | -6.0% | 12.7% | ||
| Q3 24 | -2.1% | 23.8% | ||
| Q2 24 | -6.5% | 23.0% | ||
| Q1 24 | -8.6% | 19.4% |
| Q4 25 | -0.6% | 1.9% | ||
| Q3 25 | -0.7% | -0.4% | ||
| Q2 25 | -1.8% | 3.3% | ||
| Q1 25 | -3.2% | 10.9% | ||
| Q4 24 | 9.3% | 7.5% | ||
| Q3 24 | 2.5% | 18.5% | ||
| Q2 24 | 2.2% | 15.9% | ||
| Q1 24 | 9.8% | 11.3% |
| Q4 25 | $-0.03 | $0.08 | ||
| Q3 25 | $-0.03 | $-0.02 | ||
| Q2 25 | $0.02 | $0.16 | ||
| Q1 25 | $-0.11 | $0.50 | ||
| Q4 24 | $-0.06 | $0.35 | ||
| Q3 24 | $0.08 | $0.93 | ||
| Q2 24 | $0.37 | $0.83 | ||
| Q1 24 | $0.00 | $0.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.1B | $377.2M |
| Total DebtLower is stronger | $1.8B | $1.4B |
| Stockholders' EquityBook value | $3.8B | $5.1B |
| Total Assets | $10.1B | $9.8B |
| Debt / EquityLower = less leverage | 0.48× | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $377.2M | ||
| Q3 25 | $1.1B | $426.0M | ||
| Q2 25 | $1.0B | $379.6M | ||
| Q1 25 | $1.0B | $392.9M | ||
| Q4 24 | $1.6B | $423.6M | ||
| Q3 24 | $853.5M | $271.2M | ||
| Q2 24 | $985.9M | $333.6M | ||
| Q1 24 | $952.5M | $323.4M |
| Q4 25 | $1.8B | $1.4B | ||
| Q3 25 | $1.9B | $1.4B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.7B | $1.5B | ||
| Q4 24 | $1.7B | $1.3B | ||
| Q3 24 | $914.8M | $1.3B | ||
| Q2 24 | $914.0M | $1.3B | ||
| Q1 24 | $1.1B | $1.3B |
| Q4 25 | $3.8B | $5.1B | ||
| Q3 25 | $3.9B | $5.1B | ||
| Q2 25 | $3.9B | $5.2B | ||
| Q1 25 | $3.9B | $5.1B | ||
| Q4 24 | $3.8B | $5.2B | ||
| Q3 24 | $4.0B | $5.2B | ||
| Q2 24 | $4.1B | $5.3B | ||
| Q1 24 | $4.1B | $5.3B |
| Q4 25 | $10.1B | $9.8B | ||
| Q3 25 | $10.2B | $9.7B | ||
| Q2 25 | $10.1B | $9.8B | ||
| Q1 25 | $9.6B | $9.8B | ||
| Q4 24 | $9.7B | $9.7B | ||
| Q3 24 | $9.0B | $9.7B | ||
| Q2 24 | $9.2B | $9.9B | ||
| Q1 24 | $9.1B | $9.7B |
| Q4 25 | 0.48× | 0.27× | ||
| Q3 25 | 0.48× | 0.28× | ||
| Q2 25 | 0.44× | 0.28× | ||
| Q1 25 | 0.43× | 0.29× | ||
| Q4 24 | 0.44× | 0.25× | ||
| Q3 24 | 0.23× | 0.24× | ||
| Q2 24 | 0.22× | 0.24× | ||
| Q1 24 | 0.28× | 0.25× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $105.3M | $249.6M |
| Free Cash FlowOCF − Capex | $103.8M | — |
| FCF MarginFCF / Revenue | 25.0% | — |
| Capex IntensityCapex / Revenue | 0.4% | — |
| Cash ConversionOCF / Net Profit | — | 20.92× |
| TTM Free Cash FlowTrailing 4 quarters | $378.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $105.3M | $249.6M | ||
| Q3 25 | $96.9M | $339.4M | ||
| Q2 25 | $83.8M | $358.1M | ||
| Q1 25 | $99.5M | $300.7M | ||
| Q4 24 | $78.7M | $433.6M | ||
| Q3 24 | $88.6M | $429.0M | ||
| Q2 24 | $78.6M | $467.7M | ||
| Q1 24 | $66.8M | $398.8M |
| Q4 25 | $103.8M | — | ||
| Q3 25 | $95.6M | — | ||
| Q2 25 | $81.0M | — | ||
| Q1 25 | $98.4M | — | ||
| Q4 24 | $78.3M | — | ||
| Q3 24 | $88.6M | — | ||
| Q2 24 | $78.4M | — | ||
| Q1 24 | $66.8M | — |
| Q4 25 | 25.0% | — | ||
| Q3 25 | 24.1% | — | ||
| Q2 25 | 21.1% | — | ||
| Q1 25 | 27.5% | — | ||
| Q4 24 | 21.6% | — | ||
| Q3 24 | 24.7% | — | ||
| Q2 24 | 22.8% | — | ||
| Q1 24 | 20.7% | — |
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.1% | — | ||
| Q1 24 | 0.0% | — |
| Q4 25 | — | 20.92× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 16.06× | ||
| Q1 25 | — | 4.12× | ||
| Q4 24 | 2.35× | 8.61× | ||
| Q3 24 | 9.94× | 3.08× | ||
| Q2 24 | 10.35× | 3.66× | ||
| Q1 24 | 2.10× | 4.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BILL
| Accounts Payable And Accounts Receivable Solutions | $185.9M | 45% |
| Spend And Expense Interchange Revenue | $166.5M | 40% |
| Interest On Funds Held For Customers | $39.5M | 10% |
| Embedded And Other Solutions | $22.8M | 5% |
MUR
Segment breakdown not available.
