Business Segments · Income taxes

Downstream — Income taxes

Imperial Oil Downstream — Income taxes increased by 19.4% to $191.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.5%, from $181.00M to $191.00M. Over 4 years (FY 2021 to FY 2025), Downstream — Income taxes shows an upward trend with a 19.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
Rolls up toIncome Tax

How to read this metric

Changes often track with pre-tax income, but significant deviations may indicate changes in tax jurisdictions or effective tax rates.

Detailed definition

The portion of the downstream segment's earnings allocated to federal, provincial, or state income tax liabilities. This...

Peer comparison

Standard segment-level tax allocation consistent with segment reporting standards.

Metric ID: imo_segment_downstream_income_taxes

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$8.00M$88.00M$96.00M$121.00M$322.00M$318.00M$383.00M$275.00M$76.00M$184.00M$159.00M$199.00M$89.00M$50.00M$105.00M$181.00M$98.00M$135.00M$160.00M$191.00M
QoQ Change>999%+9.1%+26.0%+166.1%-1.2%+20.4%-28.2%-72.4%+142.1%-13.6%+25.2%-55.3%-43.8%+110.0%+72.4%-45.9%+37.8%+18.5%+19.4%
YoY Change>999%+261.4%+299.0%+127.3%-76.4%-42.1%-58.5%-27.6%+17.1%-72.8%-34.0%-9.0%+10.1%+170.0%+52.4%+5.5%
Range$8.00M$383.00M
CAGR+95.0%
Avg YoY Growth+284.2%
Median YoY Growth+7.8%
Current Streak3 quarters growth

Frequently Asked Questions

What is Imperial Oil's downstream — income taxes?
Imperial Oil (IMO) reported downstream — income taxes of $191.00M in Q1 2026.
How has Imperial Oil's downstream — income taxes changed year-over-year?
Imperial Oil's downstream — income taxes increased by 5.5% year-over-year, from $181.00M to $191.00M.
What is the long-term trend for Imperial Oil's downstream — income taxes?
Over 4 years (2021 to 2025), Imperial Oil's downstream — income taxes has grown at a 19.3% compound annual growth rate (CAGR), from $283.00M to $574.00M.
What does downstream — income taxes mean?
The income tax expense attributable to the downstream segment's operations.