Operating Expenses

Operating Lease Cost

Imperial Oil Operating Lease Cost remained flat by 0.0% to $26.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.4%, from $27.75M to $26.25M. Over 4 years (FY 2021 to FY 2025), Operating Lease Cost shows a downward trend with a -3.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ4 2025

How to read this metric

Lower costs suggest a leaner physical footprint or more favorable lease terms.

Detailed definition

This metric represents the periodic expense recognized for operating leases, primarily reflecting the straight-line rent...

Peer comparison

Standard operating expense reported under ASC 842 or IFRS 16.

Metric ID: is_cat_operating_lease_cost

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value123M119M114M111M105M
YoY Change-3.3%-4.2%-2.6%-5.4%
Range105M123M
CAGR-3.9%
Avg YoY Growth-3.9%
Median YoY Growth-3.7%
Current Streak4+ years decline

Frequently Asked Questions

What is Imperial Oil's operating lease cost?
Imperial Oil (IMO) reported operating lease cost of $26.25M in Q4 2025.
How has Imperial Oil's operating lease cost changed year-over-year?
Imperial Oil's operating lease cost decreased by 5.4% year-over-year, from $27.75M to $26.25M.
What is the long-term trend for Imperial Oil's operating lease cost?
Over 4 years (2021 to 2025), Imperial Oil's operating lease cost has grown at a -3.9% compound annual growth rate (CAGR), from $123.00M to $105.00M.
What does operating lease cost mean?
The recurring expense for operating leases recognized in the income statement.