Imperial Oil Downstream — Federal excise tax and fuel charge decreased by 6.2% to $347.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 41.3%, from $591.00M to $347.00M. Over 3 years (FY 2022 to FY 2025), Downstream — Federal excise tax and fuel charge shows a downward trend with a -7.7% CAGR.
Changes are typically driven by regulatory shifts or volume fluctuations rather than operational performance.
Government-mandated taxes and levies collected on the sale or distribution of fuel products. These are pass-through cost...
Often categorized as 'Taxes other than income taxes' in broader financial reporting.
imo_segment_downstream_federal_excise_tax_and_fuel_charge| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $544.25M | $544.25M | $544.25M | $544.25M | $599.75M | $599.75M | $599.75M | $599.75M | $590.00M | $655.00M | $660.00M | $626.00M | $591.00M | $370.00M | $379.00M | $370.00M | $347.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +10.2% | +0.0% | +0.0% | +0.0% | -1.6% | +11.0% | +0.8% | -5.2% | -5.6% | -37.4% | +2.4% | -2.4% | -6.2% |
| YoY Change | — | — | — | — | +10.2% | +10.2% | +10.2% | +10.2% | -1.6% | +9.2% | +10.0% | +4.4% | +0.2% | -43.5% | -42.6% | -40.9% | -41.3% |