Suncor Energy (SU) Tax Provisions (2009 - 2026)
Suncor Energy's (SU) quarterly Tax Provisions came in at $1.3 billion in Q2 2026, up 219.9% year-over-year from $412.0 million in Q2 2025, and up 69.63% quarter-over-quarter from $777.0 million in Q1 2026.
Analysis
Suncor Energy (SU) Tax Provisions (2009 - 2026) Analysis & Trends
Suncor Energy (SU) has reported Tax Provisions for 18 consecutive years, with $1.3 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions rose 219.9% year-over-year to $1.3 billion in Q2 2026; TTM through Jun 2026 was $3.0 billion, a 42.0% increase from a year earlier, with the FY2025 full-year figure at $1.4 billion, down 22.88% from the prior year.
- Tax Provisions was $1.3 billion for Q2 2026 at Suncor Energy, up from $777.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $1.5 billion in Q2 2022 and troughed at -$334.0 million in Q4 2023.
- A 5-year average of $692.4 million and a median of $693.5 million in 2023 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions surged 536.84% in 2022 and sank 139.34% in 2023, its largest moves.
- Over 5 years, Tax Provisions stood at $849.0 million in 2022, then tumbled by 139.34% to -$334.0 million in 2023, then soared by 223.95% to $414.0 million in 2024, then advanced by 13.04% to $468.0 million in 2025, then jumped by 181.62% to $1.3 billion in 2026.
- The last three Tax Provisions figures came in at $1.3 billion (Q2 2026), $777.0 million (Q1 2026), and $468.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 4.50 Bn |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 4.95 Bn |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | -3.15 Bn |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | -1.53 Bn |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | -8.19 Bn |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 1.09 Bn |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 1.32 Bn |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 484.36 Mn |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 915.00 Mn |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 71.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.32 Bn |
| Mar 31, 2026 | 777.00 Mn |
| Dec 31, 2025 | 468.00 Mn |
| Sep 30, 2025 | 412.00 Mn |
| Jun 30, 2025 | 412.00 Mn |
| Mar 31, 2025 | 648.00 Mn |
| Dec 31, 2024 | 414.00 Mn |
| Sep 30, 2024 | 621.00 Mn |
| Jun 30, 2024 | 781.00 Mn |
| Mar 31, 2024 | 649.00 Mn |
| Dec 31, 2023 | -334.00 Mn |
| Sep 30, 2023 | 781.00 Mn |
| Jun 30, 2023 | 549.00 Mn |
| Mar 31, 2023 | 738.00 Mn |
| Dec 31, 2022 | 849.00 Mn |
| Sep 30, 2022 | 952.00 Mn |
| Jun 30, 2022 | 1.45 Bn |
| Mar 31, 2022 | 976.00 Mn |
| Dec 31, 2021 | 497.00 Mn |
| Sep 30, 2021 | 386.00 Mn |