Skip to content
Operating

Depreciation and depletion (includes impairments)

Imperial Oil Depreciation and depletion (includes impairments) decreased by 21.1% to $520M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.1%, from $531M to $520M. Over 4 years (FY 2021 to FY 2025), Depreciation and depletion (includes impairments) shows an upward trend with a 6.9% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026May 4, 2026

How to read this metric

Higher levels reflect significant capital investment in long-term assets, while sudden spikes may indicate asset impairments.

Detailed definition

This metric represents the non-cash expense allocated to the cost of tangible and intangible assets over their useful li...

Peer comparison

High for capital-intensive industries like oil and gas compared to service-based sectors.

Metric ID: operating_depreciation_depletion_and_amortization_exclud_3a992d

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$450M$488M$545M$426M$451M$555M$465M$490M$453M$475M$489M$490M$456M$508M$529M$531M$478M$911M$659M$520M
QoQ Change+8.4%+11.7%-21.8%+5.9%+23.1%-16.2%+5.4%-7.6%+4.9%+2.9%+0.2%-6.9%+11.4%+4.1%+0.4%-10.0%+90.6%-27.7%-21.1%
YoY Change+0.2%+13.7%-14.7%+15.0%+0.4%-14.4%+5.2%+0.0%+0.7%+6.9%+8.2%+8.4%+4.8%+79.3%+24.6%-2.1%
Range$426M$911M
CAGR+3.1%
Avg YoY Growth+8.5%
Median YoY Growth+5.0%
Current Streak2 quarters decline

Frequently Asked Questions

What is Imperial Oil's depreciation and depletion (includes impairments)?
Imperial Oil (IMO) reported depreciation and depletion (includes impairments) of $520M in Q1 2026.
How has Imperial Oil's depreciation and depletion (includes impairments) changed year-over-year?
Imperial Oil's depreciation and depletion (includes impairments) decreased by 2.1% year-over-year, from $531M to $520M.
What is the long-term trend for Imperial Oil's depreciation and depletion (includes impairments)?
Over 4 years (2021 to 2025), Imperial Oil's depreciation and depletion (includes impairments) has grown at a 6.9% compound annual growth rate (CAGR), from $1.98B to $2.58B.
What does depreciation and depletion (includes impairments) mean?
The non-cash accounting expense representing the wear and tear or exhaustion of company assets.