Accumulated Depreciation
Imperial Oil Accumulated Depreciation increased by 1.6% to $29.64B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $27.73B to $29.64B. Over 5 years (FY 2020 to FY 2025), Accumulated Depreciation shows an upward trend with a 4.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.
Detailed definition
This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...
Peer comparison
Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.
ppe_accumulated_depreciationHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $24.66B | $25.13B | $25.52B | $25.82B | $26.26B | $23.75B | $24.06B | $24.55B | $24.95B | $25.40B | $25.37B | $25.84B | $26.29B | $26.79B | $27.24B | $27.73B | $28.21B | $29.07B | $29.17B | $29.64B |
| QoQ Change | — | +1.9% | +1.5% | +1.2% | +1.7% | -9.5% | +1.3% | +2.0% | +1.6% | +1.8% | -0.1% | +1.9% | +1.7% | +1.9% | +1.7% | +1.8% | +1.7% | +3.0% | +0.3% | +1.6% |
| YoY Change | — | — | — | — | +6.5% | -5.5% | -5.7% | -4.9% | -5.0% | +6.9% | +5.4% | +5.3% | +5.4% | +5.5% | +7.4% | +7.3% | +7.3% | +8.5% | +7.1% | +6.9% |
| % of PP&E (Net) | 78.1% | 80.1% | 81.7% | 83.0% | 84.8% | 79.1% | 78.9% | 80.6% | 81.8% | 83.6% | 82.3% | 83.8% | 85.2% | 86.9% | 88.4% | 90.4% | 92.0% | 96.2% | 94.5% | 96.2% |
| Share Change | — | +2.0pp | +1.6pp | +1.3pp | +1.8pp | -5.7pp | -0.3pp | +1.8pp | +1.2pp | +1.8pp | -1.3pp | +1.5pp | +1.4pp | +1.7pp | +1.5pp | +2.0pp | +1.6pp | +4.2pp | -1.7pp | +1.7pp |
Business Segments
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Upstream | $20.39B | $18.84B | $19.94B | $21.66B | $23.35B |
| Downstream | $4.10B | $4.14B | $4.30B | $4.43B | $4.60B |
| Chemical | $721.00M | $741.00M | $757.00M | $743.00M | $758.00M |
| Total | $25.52B | $24.06B | $25.37B | $27.24B | $29.17B |
Accumulated Depreciation at Other Companies
Frequently Asked Questions
- What is Imperial Oil's accumulated depreciation?
- Imperial Oil (IMO) reported accumulated depreciation of $29.64B in Q1 2026.
- How has Imperial Oil's accumulated depreciation changed year-over-year?
- Imperial Oil's accumulated depreciation increased by 6.9% year-over-year, from $27.73B to $29.64B.
- What is the long-term trend for Imperial Oil's accumulated depreciation?
- Over 5 years (2020 to 2025), Imperial Oil's accumulated depreciation has grown at a 4.2% compound annual growth rate (CAGR), from $23.74B to $29.17B.
- What does accumulated depreciation mean?
- The total amount of depreciation recorded against physical assets over time.