Tax

Current income tax expense (benefit)

Imperial Oil Current income tax expense (benefit) remained flat by 0.0% to $281.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 29.1%, from $396.50M to $281.25M. Over 4 years (FY 2021 to FY 2025), Current income tax expense (benefit) shows an upward trend with a 12.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ4 2025Feb 18, 2026

How to read this metric

Reflects the immediate cash impact of tax obligations on the company.

Detailed definition

The total current income tax expense or benefit for the period, representing the amount of taxes expected to be paid to...

Peer comparison

Standard component of the income tax provision.

Metric ID: cat_current_income_tax_expense

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$711.00M$2.23B$1.56B$1.59B$1.13B
YoY Change+213.4%-30.2%+1.9%-29.1%
Range$711.00M$2.23B
CAGR+12.2%
Avg YoY Growth+39.0%
Median YoY Growth-13.6%

Current income tax expense (benefit) at Other Companies

Frequently Asked Questions

What is Imperial Oil's current income tax expense (benefit)?
Imperial Oil (IMO) reported current income tax expense (benefit) of $281.25M in Q4 2025.
How has Imperial Oil's current income tax expense (benefit) changed year-over-year?
Imperial Oil's current income tax expense (benefit) decreased by 29.1% year-over-year, from $396.50M to $281.25M.
What is the long-term trend for Imperial Oil's current income tax expense (benefit)?
Over 4 years (2021 to 2025), Imperial Oil's current income tax expense (benefit) has grown at a 12.2% compound annual growth rate (CAGR), from $711.00M to $1.13B.
What does current income tax expense (benefit) mean?
The total tax amount currently due to or from tax authorities.