Suncor Energy (SU) Tax Rate (2009 - 2026)
Suncor Energy's (SU) quarterly Tax Rate came in at 26.47% in Q2 2026, down 226.0% year-over-year from 21.01% in Q2 2025, and down 3.72% quarter-over-quarter from 27.49% in Q1 2026.
Analysis
Suncor Energy (SU) Tax Rate (2009 - 2026) Analysis & Trends
Suncor Energy (SU) has reported Tax Rate for 18 consecutive years, with 26.47% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 226.0% year-over-year to 26.47% in Q2 2026; TTM through Jun 2026 was 24.73%, a 317.0% decrease from a year earlier, with the FY2025 full-year figure at 36.76%, down 55.0% from the prior year.
- Tax Rate was 26.47% for Q2 2026 at Suncor Energy, down from 27.49% in the prior quarter.
- Over five years, Tax Rate peaked at 37.98% in Q4 2024 and troughed at 198.75% in Q3 2022.
- A 5-year average of 13.26% and a median of 27.02% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 22812 bps in 2022 and soared 23535 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 32.57% in 2022, then sank by 141 bps to 13.41% in 2023, then soared by 383 bps to 37.98% in 2024, then tumbled by 39 bps to 23.32% in 2025, then climbed by 14 bps to 26.47% in 2026.
- The last three Tax Rate figures came in at 26.47% (Q2 2026), 27.49% (Q1 2026), and 23.32% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 26.95% |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 31.41% |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | 13.89% |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | -32.93% |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | -62.89% |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 21.97% |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 26.47% |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 23.43% |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 23.37% |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 9.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.47% |
| Mar 31, 2026 | 27.49% |
| Dec 31, 2025 | 23.32% |
| Sep 30, 2025 | 18.58% |
| Jun 30, 2025 | 28.73% |
| Mar 31, 2025 | 28.30% |
| Dec 31, 2024 | 37.98% |
| Sep 30, 2024 | 23.05% |
| Jun 30, 2024 | 35.78% |
| Mar 31, 2024 | 29.23% |
| Dec 31, 2023 | -13.41% |
| Sep 30, 2023 | 36.60% |
| Jun 30, 2023 | 23.35% |
| Mar 31, 2023 | 27.19% |
| Dec 31, 2022 | 32.57% |
| Sep 30, 2022 | -198.75% |
| Jun 30, 2022 | 26.84% |
| Mar 31, 2022 | 25.36% |
| Dec 31, 2021 | 24.20% |
| Sep 30, 2021 | 29.38% |