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
DateValue
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%