Business Segments · Income taxes

Upstream — Income taxes

Year-over-year, this metric declined by 36.2%, from $229.00M to $146.00M. Over 4 years (FY 2021 to FY 2025), Upstream — Income taxes shows an upward trend with a 9.7% 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 reflect shifts in regional tax legislation or changes in the segment's taxable income base.

Detailed definition

The portion of income tax expense specifically allocated to the upstream segment's earnings. This reflects the tax burde...

Peer comparison

Standard segment-level tax allocation found in integrated oil company financial disclosures.

Metric ID: imo_segment_upstream_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$76.00M$165.00M$197.00M$238.00M$426.00M$143.00M$167.00M$105.00M$119.00M$318.00M$213.00M$175.00M$252.00M$316.00M$245.00M$229.00M$206.00M$233.00M$0.00$146.00M
QoQ Change+117.1%+19.4%+20.8%+79.0%-66.4%+16.8%-37.1%+13.3%+167.2%-33.0%-17.8%+44.0%+25.4%-22.5%-6.5%-10.0%+13.1%-100.0%
YoY Change+460.5%-13.3%-15.2%-55.9%-72.1%+122.4%+27.5%+66.7%+111.8%-0.6%+15.0%+30.9%-18.3%-26.3%-100.0%-36.2%
Range$0.00$426.00M
CAGR+14.7%
Avg YoY Growth+31.1%
Median YoY Growth-7.0%
Current Streak2 quarters decline

Frequently Asked Questions

What is Imperial Oil's upstream — income taxes?
Imperial Oil (IMO) reported upstream — income taxes of $146.00M in Q1 2026.
How has Imperial Oil's upstream — income taxes changed year-over-year?
Imperial Oil's upstream — income taxes decreased by 36.2% year-over-year, from $229.00M to $146.00M.
What is the long-term trend for Imperial Oil's upstream — income taxes?
Over 4 years (2021 to 2025), Imperial Oil's upstream — income taxes has grown at a 9.7% compound annual growth rate (CAGR), from $461.00M to $668.00M.
What does upstream — income taxes mean?
The amount of income tax attributed to the upstream segment's operations.