Tax

Federal Income Tax Expense (Benefit), Continuing Operations

Imperial Oil Federal Income Tax Expense (Benefit), Continuing Operations remained flat by 0.0% to $156.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 30.7%, from $225.50M to $156.25M. Over 2 years (FY 2023 to FY 2025), Federal Income Tax Expense (Benefit), Continuing Operations shows a downward trend with a -17.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ4 2025

How to read this metric

Fluctuations indicate changes in effective tax rates or shifts in the profitability of core operations.

Detailed definition

The total federal income tax expense or benefit attributable to the company's ongoing business operations. This excludes...

Peer comparison

Standard tax reporting component for large corporations focusing on continuing operations.

Metric ID: is_ibm_federal_income_tax_expense_continuing

Historical Data

3 years
 FY'23FY'24FY'25
Value920M902M625M
YoY Change-2.0%-30.7%
Range625M920M
CAGR-17.6%
Avg YoY Growth-16.3%
Median YoY Growth-16.3%
Current Streak2+ years decline

Frequently Asked Questions

What is Imperial Oil's federal income tax expense (benefit), continuing operations?
Imperial Oil (IMO) reported federal income tax expense (benefit), continuing operations of $156.25M in Q4 2025.
How has Imperial Oil's federal income tax expense (benefit), continuing operations changed year-over-year?
Imperial Oil's federal income tax expense (benefit), continuing operations decreased by 30.7% year-over-year, from $225.50M to $156.25M.
What is the long-term trend for Imperial Oil's federal income tax expense (benefit), continuing operations?
Over 2 years (2023 to 2025), Imperial Oil's federal income tax expense (benefit), continuing operations has grown at a -17.6% compound annual growth rate (CAGR), from $920.00M to $625.00M.
What does federal income tax expense (benefit), continuing operations mean?
Total federal tax cost related to the company's core, ongoing business.