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
DateValue
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