Business Segments · Federal excise tax and fuel charge

Downstream — Federal excise tax and fuel charge

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.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 4, 2026

How to read this metric

Changes are typically driven by regulatory shifts or volume fluctuations rather than operational performance.

Detailed definition

Government-mandated taxes and levies collected on the sale or distribution of fuel products. These are pass-through cost...

Peer comparison

Often categorized as 'Taxes other than income taxes' in broader financial reporting.

Metric ID: imo_segment_downstream_federal_excise_tax_and_fuel_charge

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$347.00M$660.00M
CAGR-10.6%
Avg YoY Growth-8.1%
Median YoY Growth+4.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is Imperial Oil's downstream — federal excise tax and fuel charge?
Imperial Oil (IMO) reported downstream — federal excise tax and fuel charge of $347.00M in Q1 2026.
How has Imperial Oil's downstream — federal excise tax and fuel charge changed year-over-year?
Imperial Oil's downstream — federal excise tax and fuel charge decreased by 41.3% year-over-year, from $591.00M to $347.00M.
What is the long-term trend for Imperial Oil's downstream — federal excise tax and fuel charge?
Over 3 years (2022 to 2025), Imperial Oil's downstream — federal excise tax and fuel charge has grown at a -7.7% compound annual growth rate (CAGR), from $2.18B to $1.71B.
What does downstream — federal excise tax and fuel charge mean?
Taxes and fuel charges paid to the government related to downstream product sales.