What is Imperial Oil's income tax?

Imperial Oil (IMO) reported income tax of $292M in Q1 2026.

How has Imperial Oil's income tax changed year-over-year?

Imperial Oil's income tax decreased by 27.0% year-over-year, from $400M to $292M.

What is the long-term trend for Imperial Oil's income tax?

Over 4 years (2021 to 2025), Imperial Oil's income tax has grown at a 5.4% compound annual growth rate (CAGR), from $804M to $994M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Imperial Oil IMO Income Tax

Income Tax at other companies

FAN

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$32M-92.1%

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$587M-15.8%

HF SinclairDINO

$189M+18,800%

Devon EnergyDVN

$46M-66.4%

Exxon MobilXOM

$2.5B-30.1%

MPLXMPLX

——

Segments

By segment

See full

Downstream$191M+5.5%

Upstream$146M-36.2%

Chemical$7M-30.0%

Other financials

Income statement

See full

Revenue$12.4B-0.6%

Net income$940.0M-27.0%

EPS (diluted)$1.94-23.0%

Balance sheet

See full

Cash & equivalents$1.0B-41.7%

Total debt$4.2B-0.4%

Total equity$22.7B-6.8%

Total assets$45.5B+3.6%

Cash flow

See full

Operating cash flow$756.0M-50.5%

CapEx$475.0M+19.3%

Free cash flow$281.0M-75.1%

Valuation

See full

Market cap$54.43B+71.8%

Enterprise value$57.62B+69.2%

P/E18.6×+12.2×

P/S1.2×+0.5×

Profitability

See full

Net margin6.2%-3.2pp

FCF margin8.2%-0.8pp

Returns & leverage

See full

Return on equity12.4%-8.2pp

Debt / equity0.2×0.0×

Current ratio1.2×-0.2×

Where this comes from

Reported directly by Imperial Oil in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Imperial Oil’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Imperial Oil's income tax?: Imperial Oil (IMO) reported income tax of $292M in Q1 2026.
How has Imperial Oil's income tax changed year-over-year?: Imperial Oil's income tax decreased by 27.0% year-over-year, from $400M to $292M.
What is the long-term trend for Imperial Oil's income tax?: Over 4 years (2021 to 2025), Imperial Oil's income tax has grown at a 5.4% compound annual growth rate (CAGR), from $804M to $994M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.