IMO financial statements

The full income statement, balance sheet, and cash-flow statement for Imperial Oil Limited (IMO), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 535.8M2024-09 523.4M2024-12 509.0M2025-03 509.0M2025-06 509.0M2025-09 496.9M2025-12 483.6M2026-03 483.6M2026-06 483.6M-9.7% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	33.7B YoY-10.4%	37.6B YoY-0.5%	37.8B YoY-17.6%	45.8B YoY+52.8%	30.0B YoY+79.6%
Research & development	95.9M YoY+11.4%	86.1M YoY+38.3%	62.2M YoY+9.5%	56.8M YoY-19.9%	71.0M YoY-9.3%
Selling, general & administrative	992M YoY+43.9%	689M YoY+8.6%	635M YoY-6.3%	678M	—
Interest expense	8.59M YoY-71.3%	29.9M YoY-41.5%	51.1M YoY+10.9%	46.1M YoY+7.0%	43.1M YoY-9.7%
Pre-tax income	3.05B YoY-33.0%	4.55B YoY-3.6%	4.72B YoY-35.2%	7.29B YoY+178.1%	2.62B YoY+245.9%
Income tax	711M YoY-32.7%	1.06B YoY-3.6%	1.10B YoY-33.4%	1.65B YoY+156.7%	642M YoY+256.1%
Net income	2.34B YoY-33.1%	3.49B YoY-3.5%	3.62B YoY-35.8%	5.64B YoY+185.1%	1.98B YoY+242.8%
	$4.64 YoY-29.6%	$6.59 YoY+4.7%	$6.29 YoY-28.4%	$8.79 YoY+216.5%	$2.78 YoY+247.2%
EPS (basic)	$4.65 YoY-29.5%	$6.60 YoY+4.7%	$6.31 YoY-28.4%	$8.81 YoY+217.3%	$2.78 YoY+247.2%
	503M YoY-5.0%	529M YoY-7.9%	575M YoY-10.2%	640M YoY-10.0%	712M YoY-3.2%
	504M YoY-5.0%	531M YoY-7.9%	576M YoY-10.2%	642M YoY-10.1%	713M YoY-3.0%
Dividends per share	$2.06 YoY+17.7%	$1.75 YoY+21.8%	$1.44 YoY+28.2%	$1.12 YoY+36.5%	$0.82 YoY+25.2%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	6.15B YoY-5.7%	6.51B YoY+3.9%	6.27B YoY-21.0%	7.93B YoY+29.3%	6.13B YoY+72.9%
Cash & equivalents	834M YoY+22.3%	682M YoY+4.5%	653M YoY-76.4%	2.77B YoY+63.9%	1.69B YoY+179.6%
Accounts receivable	3.19B YoY-20.4%	4.01B YoY+18.4%	3.39B YoY-2.9%	3.49B YoY+14.8%	3.04B YoY+101.9%
	30.9B YoY+3.3%	29.9B YoY-3.9%	31.1B YoY-3.2%	32.2B YoY+0.5%	32.0B YoY+7.4%
Property, plant & equipment	22.5B YoY+5.0%	21.5B YoY-7.9%	23.3B YoY+3.4%	22.5B YoY-8.1%	24.5B YoY-2.3%
Operating lease right-of-use	208M YoY+24.5%	167M YoY+12.9%	148M YoY-18.2%	181M YoY-5.9%	192M YoY+30.5%
Goodwill	121M YoY+4.8%	116M YoY-7.8%	125M YoY+2.2%	123M YoY-5.9%	130M YoY+0.1%
Other non-current assets	1.28B YoY+20.8%	1.06B YoY+68.0%	633M YoY-29.9%	904M YoY+42.8%	633M YoY+53.4%
	4.83B YoY-1.0%	4.88B YoY-2.2%	4.99B YoY-24.1%	6.57B YoY+50.8%	4.36B YoY+64.6%
Accrued liabilities	4.81B YoY+0.1%	4.81B YoY+2.2%	4.71B YoY+2.9%	4.58B YoY+12.5%	4.07B YoY+64.6%
Short-term & current debt	13.9M YoY+4.8%	13.2M YoY-85.5%	91.4M YoY+1.4%	90.1M YoY-5.9%	95.8M YoY-46.2%
Current lease liability	63.5M YoY-8.8%	69.6M YoY+6.0%	65.7M YoY-11.0%	73.9M YoY-7.7%	80.1M
Finance lease liability (current)	13.9M YoY+10.7%	12.5M YoY-21.0%	15.9M YoY-2.4%	16.3M YoY-5.9%	17.3M YoY+37.7%
	14.6B YoY+8.0%	13.6B YoY-5.4%	14.3B YoY-8.1%	15.6B YoY+4.3%	15.0B YoY+14.8%
Long-term debt	2.52B YoY+4.8%	2.40B YoY-7.8%	2.60B YoY+2.2%	2.55B YoY-27.0%	3.49B YoY+0.1%
Non-current lease liability	109M YoY+8.5%	100M YoY+19.6%	83.8M YoY-24.8%	112M YoY-3.3%	115M YoY+55.0%
Operating lease liability (total)	172M YoY+1.4%	170M YoY+13.6%	150M YoY-19.3%	185M YoY-5.1%	195M YoY+29.9%
Finance lease liability (total)	402M YoY+2.4%	392M YoY-11.3%	442M YoY-1.6%	449M YoY-9.0%	494M YoY+19.8%
Finance lease liability	388M YoY+2.1%	380M YoY-10.9%	426M YoY-1.6%	433M YoY-9.1%	476M YoY+19.2%
Other non-current liabilities	3.62B YoY+34.3%	2.70B YoY-7.4%	2.91B YoY+13.6%	2.56B YoY-16.3%	3.06B YoY-4.8%
	16.2B YoY-0.6%	16.3B YoY-2.6%	16.8B YoY+1.4%	16.6B YoY-2.9%	17.1B YoY+1.6%
Common stock	653M YoY-0.4%	656M YoY-12.5%	749M YoY-6.0%	797M YoY-18.9%	983M YoY-7.6%
Retained earnings	15.6B YoY-1.5%	15.8B YoY-4.3%	16.5B YoY+2.5%	16.1B YoY-5.1%	17.0B YoY-1.6%
Accumulated other comprehensive income	-10.2M YoY+93.1%	-149M YoY+70.9%	-511M YoY-35.2%	-378M YoY+59.1%	-924M YoY+40.7%
Total equity incl. non-controlling	—	—	—	—	17.1B YoY+1.6%
Total liabilities & equity	30.9B YoY+3.3%	29.9B YoY-3.9%	31.1B YoY-3.2%	32.2B YoY+0.5%	32.0B YoY+7.4%
	484M YoY-4.9%	509M YoY-5.0%	536M YoY-8.2%	584M YoY-13.9%	678M YoY-7.6%
	484M YoY-5.0%	509M YoY-5.0%	536M YoY-8.3%	584M YoY-12.7%	669M YoY-8.8%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	4.80B YoY+10.0%	4.36B YoY+57.7%	2.77B YoY-65.6%	8.05B YoY+84.3%	4.37B YoY+634.1%
Depreciation & amortization	1.85B YoY+27.6%	1.45B YoY+2.4%	1.41B YoY-3.0%	1.46B YoY-7.6%	1.58B YoY-35.8%
Deferred income taxes	-93.8M YoY+6.2%	-99.9M YoY-77.5%	-56.3M YoY+12.7%	-64.5M YoY-187.0%	74.2M YoY+119.0%
Change in receivables	-993M YoY-206.6%	931M YoY+630.1%	-176M YoY-126.5%	662M YoY-57.4%	1.56B YoY+367.5%
	-1.35B YoY-1.7%	-1.33B YoY-6.1%	-1.26B YoY-164.4%	-475M YoY+41.2%	-807M YoY-35.0%
Capital expenditure	1.44B YoY+5.4%	1.36B YoY+3.0%	1.32B YoY+12.8%	1.17B YoY+32.6%	884M YoY+36.6%
Free cash flow	3.37B YoY+12.2%	3.00B YoY+107.8%	1.44B YoY-79.0%	6.88B YoY+97.4%	3.49B YoY+6775.7%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Purchases of investments	2.86M	0.00	0.00 YoY-100.0%	4.61M	0.00
Proceeds from sale of PP&E	72.3M YoY+296.4%	18.2M YoY-71.4%	63.7M YoY-90.8%	694M YoY+974.5%	64.6M YoY+5.7%
	-3.33B YoY-13.0%	-2.95B YoY+19.2%	-3.65B YoY+42.5%	-6.35B YoY-158.3%	-2.46B YoY-249.7%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00 YoY-100.0%	768M	0.00
Net short-term debt	0.00 YoY+100.0%	-73.0M	0.00	0.00 YoY+100.0%	-88.6M
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	2.31B YoY+18.3%	1.96B YoY-30.5%	2.82B YoY-42.7%	4.91B YoY+174.3%	1.79B YoY+776.6%
Dividends paid	1.00B YoY+11.0%	903M YoY+10.5%	817M YoY+25.0%	654M YoY+16.1%	563M YoY+16.4%
Net change in cash	117M YoY+39.1%	83.9M YoY+103.9%	-2.14B YoY-274.4%	1.23B YoY+11.2%	1.10B YoY+256.1%
Interest paid	20.0M YoY-34.6%	30.6M YoY-40.1%	51.1M YoY+10.9%	46.1M YoY+34.3%	34.3M YoY-25.8%
Income taxes paid	1.03B YoY-20.5%	1.29B YoY-58.0%	3.08B YoY+971.0%	287M YoY+720.8%	-46.3M YoY-47.7%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	41.7B YoY+33.1%	31.4B YoY-3.2%	32.4B YoY+8.7%	29.8B YoY+23.4%	24.2B YoY+72.9%
P/E	17.8× YoY+98.9%	9.0× YoY+7.8%	8.3× YoY+40.5%	5.9× YoY-51.5%	12.2×
P/S	1.2× YoY+48.5%	0.8× YoY-0.2%	0.8× YoY+26.2%	0.7× YoY-17.8%	0.8× YoY-3.7%
P/B	2.6× YoY+33.9%	1.9× YoY+3.8%	1.8× YoY+0.0%	1.8× YoY+30.5%	1.4× YoY+70.2%
P/FCF	12.4× YoY+18.7%	10.4× YoY-18.4%	12.8× YoY+164.3%	4.8× YoY-30.1%	6.9×
	5.6% YoY-49.7%	11.1% YoY-7.2%	12.0% YoY-28.8%	16.9% YoY+106.1%	8.2%
	8.1% YoY-15.7%	9.6% YoY+22.6%	7.8% YoY-62.2%	20.6% YoY+43.1%	14.4%
	2.4% YoY-16.0%	2.8% YoY+13.1%	2.5% YoY+9.2%	2.3% YoY+1.1%	2.3% YoY-34.0%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: IMO's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all IMO filings on SEC EDGAR → Not investment advice.