Imperial Oil (IMO) Tax Rate (2009 - 2026)
Imperial Oil (IMO) recorded quarterly Tax Rate of 23.7% in Q1 2026, up 8.82% quarter-over-quarter from 21.78% in Q4 2025, and little changed on a YoY basis from 23.7% in Q1 2025.
Imperial Oil (IMO) Tax Rate (2009 - 2026) Analysis & Trends
Imperial Oil's Tax Rate history runs 18 years deep, the most recent figure standing at 23.7% for Q1 2026.
- In Q1 2026, Tax Rate changed 0.0% year-over-year to 23.7%; the TTM figure through Mar 2026 stood at 23.28% (up 12.0% YoY), while the FY2025 annual figure was 23.32%, up 10.0% from the prior year.
- Tax Rate was 23.7% for Q1 2026 at Imperial Oil, up from 21.78% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 24.22% in Q4 2022 to a low of 18.92% in Q3 2022.
- Historically, Tax Rate has averaged 23.1% across 5 years, with a median of 23.7% in 2025.
- The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 471 bps in 2022, then soared 484 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 24.22% in 2022, then slipped by 11 bps to 21.55% in 2023, then climbed by 3 bps to 22.22% in 2024, then dropped by 2 bps to 21.78% in 2025, then climbed by 9 bps to 23.7% in 2026.
- The last three Tax Rate figures came in at 23.7% (Q1 2026), 21.78% (Q4 2025), and 23.11% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | - |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 35.81% |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | -14.16% |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 43.59% |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 24.66% |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 42.81% |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | - |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - | 23.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.70% |
| Mar 31, 2026 | 23.70% |
| Dec 31, 2025 | 21.78% |
| Dec 31, 2025 | 21.78% |
| Sep 30, 2025 | 23.11% |
| Sep 30, 2025 | 23.11% |
| Jun 30, 2025 | 23.71% |
| Jun 30, 2025 | 23.71% |
| Mar 31, 2025 | 23.70% |
| Mar 31, 2025 | 23.70% |
| Dec 31, 2024 | 22.22% |
| Dec 31, 2024 | 22.22% |
| Sep 30, 2024 | 22.83% |
| Sep 30, 2024 | 22.83% |
| Jun 30, 2024 | 23.91% |
| Jun 30, 2024 | 23.91% |
| Mar 31, 2024 | 23.98% |
| Mar 31, 2024 | 23.98% |
| Dec 31, 2023 | 21.55% |
| Dec 31, 2023 | 21.55% |