Suncor Energy (SU) Tax Provisions (2009 - 2026)
Suncor Energy (SU) posted quarterly Tax Provisions of -$566.6 million for Q1 2026, down 25.46% year-over-year from -$760.1 million in Q1 2025, and down 268.83% quarter-over-quarter from $335.6 million in Q4 2025.
Suncor Energy (SU) Tax Provisions (2009 - 2026) Analysis & Trends
Suncor Energy (SU) has reported Tax Provisions for 18 consecutive years, with -$566.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 25.46% year-over-year to -$566.6 million; the TTM figure through Mar 2026 stood at $365.7 million (down 58.01% YoY), while the FY2025 annual figure was $1.5 billion, down 8.37% from the prior year.
- Tax Provisions retreated to -$566.6 million in Q1 2026 per SU's latest filing, from $335.6 million in the prior quarter.
- Across five years, Tax Provisions topped out at $1.7 billion in Q4 2022 and bottomed at -$729.9 million in Q3 2022.
- Historically, Tax Provisions has averaged $299.6 million across 5 years, with a median of $372.2 million in 2025.
- On a YoY basis, Tax Provisions climbed as much as 443.39% in 2022 and fell as far as 338.04% in 2022.
- Suncor Energy's Tax Provisions stood at $1.7 billion in 2022, then sank by 114.08% to -$245.3 million in 2023, then surged by 220.8% to $296.4 million in 2024, then grew by 13.24% to $335.6 million in 2025, then tumbled by 268.83% to -$566.6 million in 2026.
- Business Quant data shows SU's Tax Provisions at -$566.6 million in Q1 2026, $335.6 million in Q4 2025, and $299.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | -3.11 Bn |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 2.50 Bn |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | 1.70 Bn |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | -942.45 Mn |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | 4.95 Bn |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | -8.19 Bn |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | -566.59 Mn |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 212.93 Mn |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 3.15 Bn |
| 10 | Ypf Sociedad Anonima | 20.09 Bn | 18.40 Bn | 1.76 Bn | -243.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -566.59 Mn |
| Dec 31, 2025 | 335.60 Mn |
| Sep 30, 2025 | 299.37 Mn |
| Jun 30, 2025 | 297.35 Mn |
| Mar 31, 2025 | -451.60 Mn |
| Dec 31, 2024 | 296.36 Mn |
| Sep 30, 2024 | 455.23 Mn |
| Jun 30, 2024 | 571.02 Mn |
| Mar 31, 2024 | 481.63 Mn |
| Dec 31, 2023 | -245.33 Mn |
| Sep 30, 2023 | 582.57 Mn |
| Jun 30, 2023 | 408.70 Mn |
| Mar 31, 2023 | 545.90 Mn |
| Dec 31, 2022 | 1.74 Bn |
| Sep 30, 2022 | -729.94 Mn |
| Mar 31, 2022 | 770.53 Mn |
| Dec 31, 2021 | 394.29 Mn |
| Sep 30, 2021 | 306.64 Mn |
| Jun 30, 2021 | 185.48 Mn |
| Mar 31, 2021 | -224.39 Mn |