Free cash flow
Imperial Oil Free cash flow decreased by 0.6% to $1.29B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.9%, from $1.37B to $1.29B. Over 4 years (FY 2021 to FY 2025), Free cash flow shows relatively stable performance with a 1.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $611.00M | $1.67B | $1.21B | $1.61B | $2.35B | $2.69B | $2.31B | -$1.25B | $386.00M | $1.97B | $841.00M | $579.00M | $1.17B | $1.00B | $1.37B | $1.13B | $994.00M | $1.29B | $1.29B |
| QoQ Change | — | +173.5% | -27.7% | +33.3% | +45.9% | +14.6% | -14.4% | -154.2% | +130.9% | +410.9% | -57.4% | -31.2% | +101.7% | -14.3% | +36.5% | -17.3% | -12.0% | +30.2% | -0.6% |
| YoY Change | — | — | — | — | +284.5% | +61.1% | +90.8% | -177.6% | -83.6% | -26.7% | -63.5% | +146.3% | +202.6% | -49.2% | +62.4% | +95.0% | -14.9% | +29.3% | -5.9% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Imperial Oil's free cash flow?
- Imperial Oil (IMO) reported free cash flow of $1.29B in Q4 2025.
- How has Imperial Oil's free cash flow changed year-over-year?
- Imperial Oil's free cash flow decreased by 5.9% year-over-year, from $1.37B to $1.29B.
- What is the long-term trend for Imperial Oil's free cash flow?
- Over 4 years (2021 to 2025), Imperial Oil's free cash flow has grown at a 1.9% compound annual growth rate (CAGR), from $4.37B to $4.70B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.