IMPERIAL OIL LTD (IMO.CA) Fundamental Analysis & Valuation
TSX:IMO • CA4530384086
163.18 CAD
+3.06 (+1.91%)
Last: Mar 11, 2026, 07:00 PM
This IMO.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
IMO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 212 industry peers in the Oil, Gas & Consumable Fuels industry. IMO is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. IMO has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. IMO.CA Profitability Analysis
1.1 Basic Checks
- IMO had positive earnings in the past year.
- IMO had a positive operating cash flow in the past year.
- In the past 5 years IMO has always been profitable.
- IMO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 7.72%, IMO belongs to the top of the industry, outperforming 91.51% of the companies in the same industry.
- IMO's Return On Equity of 14.69% is amongst the best of the industry. IMO outperforms 91.51% of its industry peers.
- IMO has a better Return On Invested Capital (8.84%) than 92.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.72% | ||
| ROE | 14.69% | ||
| ROIC | 8.84% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- IMO's Profit Margin of 6.97% is fine compared to the rest of the industry. IMO outperforms 60.85% of its industry peers.
- In the last couple of years the Profit Margin of IMO has declined.
- IMO has a Operating Margin (8.77%) which is in line with its industry peers.
- IMO's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 20.98%, IMO is in line with its industry, outperforming 51.89% of the companies in the same industry.
- IMO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.77% | ||
| PM (TTM) | 6.97% | ||
| GM | 20.98% |
OM growth 3Y-17.53%
OM growth 5YN/A
PM growth 3Y-17.39%
PM growth 5YN/A
GM growth 3Y-4.41%
GM growth 5Y7.21%
2. IMO.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IMO is still creating some value.
- IMO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- An Altman-Z score of 4.55 indicates that IMO is not in any danger for bankruptcy at the moment.
- IMO has a better Altman-Z score (4.55) than 83.02% of its industry peers.
- IMO has a debt to FCF ratio of 0.85. This is a very positive value and a sign of high solvency as it would only need 0.85 years to pay back of all of its debts.
- The Debt to FCF ratio of IMO (0.85) is better than 94.34% of its industry peers.
- A Debt/Equity ratio of 0.18 indicates that IMO is not too dependend on debt financing.
- IMO's Debt to Equity ratio of 0.18 is fine compared to the rest of the industry. IMO outperforms 66.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.85 | ||
| Altman-Z | 4.55 |
ROIC/WACC1.12
WACC7.87%
2.3 Liquidity
- A Current Ratio of 1.27 indicates that IMO should not have too much problems paying its short term obligations.
- IMO has a Current ratio of 1.27. This is in the better half of the industry: IMO outperforms 69.34% of its industry peers.
- A Quick Ratio of 0.94 indicates that IMO may have some problems paying its short term obligations.
- With a decent Quick ratio value of 0.94, IMO is doing good in the industry, outperforming 64.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 0.94 |
3. IMO.CA Growth Analysis
3.1 Past
- IMO shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.75%.
- The Earnings Per Share has been decreasing by -9.46% on average over the past years.
- Looking at the last year, IMO shows a decrease in Revenue. The Revenue has decreased by -8.65% in the last year.
- Measured over the past years, IMO shows a quite strong growth in Revenue. The Revenue has been growing by 16.06% on average per year.
EPS 1Y (TTM)-5.75%
EPS 3Y-9.46%
EPS 5YN/A
EPS Q2Q%-16.88%
Revenue 1Y (TTM)-8.65%
Revenue growth 3Y-7.57%
Revenue growth 5Y16.06%
Sales Q2Q%-10.53%
3.2 Future
- Based on estimates for the next years, IMO will show a small growth in Earnings Per Share. The EPS will grow by 7.01% on average per year.
- The Revenue is expected to decrease by -0.90% on average over the next years.
EPS Next Y-21.13%
EPS Next 2Y-8.42%
EPS Next 3Y-1.51%
EPS Next 5Y7.01%
Revenue Next Year0.6%
Revenue Next 2Y0.75%
Revenue Next 3Y-4.57%
Revenue Next 5Y-0.9%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. IMO.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 19.15, the valuation of IMO can be described as rather expensive.
- Based on the Price/Earnings ratio, IMO is valued a bit cheaper than 66.98% of the companies in the same industry.
- IMO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.15.
- With a Price/Forward Earnings ratio of 24.28, IMO is valued on the expensive side.
- Based on the Price/Forward Earnings ratio, IMO is valued a bit cheaper than the industry average as 63.68% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.27, IMO is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.15 | ||
| Fwd PE | 24.28 |
4.2 Price Multiples
- IMO's Enterprise Value to EBITDA ratio is in line with the industry average.
- IMO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. IMO is cheaper than 73.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.78 | ||
| EV/EBITDA | 12.22 |
4.3 Compensation for Growth
- The decent profitability rating of IMO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-8.42%
EPS Next 3Y-1.51%
5. IMO.CA Dividend Analysis
5.1 Amount
- IMO has a Yearly Dividend Yield of 2.14%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 4.17, IMO pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, IMO has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.14% |
5.2 History
- On average, the dividend of IMO grows each year by 23.44%, which is quite nice.
- IMO has been paying a dividend for at least 10 years, so it has a reliable track record.
- IMO has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)23.44%
Div Incr Years30
Div Non Decr Years34
5.3 Sustainability
- IMO pays out 42.87% of its income as dividend. This is a bit on the high side, but may be sustainable.
- The dividend of IMO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP42.87%
EPS Next 2Y-8.42%
EPS Next 3Y-1.51%
IMO.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:IMO (3/11/2026, 7:00:00 PM)
163.18
+3.06 (+1.91%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)01-30 2026-01-30/bmo
Earnings (Next)04-30 2026-04-30/bmo
Inst Owners29.09%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap78.91B
Revenue(TTM)46.92B
Net Income(TTM)3.27B
Analysts46.96
Price Target118.47 (-27.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.14% |
Yearly Dividend2.37
Dividend Growth(5Y)23.44%
DP42.87%
Div Incr Years30
Div Non Decr Years34
Ex-Date03-05 2026-03-05 (0.87)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.48%
Min EPS beat(2)2.97%
Max EPS beat(2)11.99%
EPS beat(4)4
Avg EPS beat(4)10.55%
Min EPS beat(4)2.97%
Max EPS beat(4)15.18%
EPS beat(8)8
Avg EPS beat(8)10.55%
EPS beat(12)12
Avg EPS beat(12)9.62%
EPS beat(16)15
Avg EPS beat(16)11.23%
Revenue beat(2)0
Avg Revenue beat(2)-14.12%
Min Revenue beat(2)-19.09%
Max Revenue beat(2)-9.16%
Revenue beat(4)0
Avg Revenue beat(4)-11.56%
Min Revenue beat(4)-19.09%
Max Revenue beat(4)-8.9%
Revenue beat(8)0
Avg Revenue beat(8)-17.61%
Revenue beat(12)0
Avg Revenue beat(12)-17.46%
Revenue beat(16)0
Avg Revenue beat(16)-17.63%
PT rev (1m)1.31%
PT rev (3m)3.3%
EPS NQ rev (1m)21.86%
EPS NQ rev (3m)-8.41%
EPS NY rev (1m)-8.47%
EPS NY rev (3m)-15.7%
Revenue NQ rev (1m)5.62%
Revenue NQ rev (3m)-6.38%
Revenue NY rev (1m)-7.06%
Revenue NY rev (3m)-7.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.15 | ||
| Fwd PE | 24.28 | ||
| P/S | 1.68 | ||
| P/FCF | 16.78 | ||
| P/OCF | 11.76 | ||
| P/B | 3.55 | ||
| P/tB | 3.57 | ||
| EV/EBITDA | 12.22 |
EPS(TTM)8.52
EY5.22%
EPS(NY)6.72
Fwd EY4.12%
FCF(TTM)9.73
FCFY5.96%
OCF(TTM)13.87
OCFY8.5%
SpS97.02
BVpS46.02
TBVpS45.68
PEG (NY)N/A
PEG (5Y)N/A
Graham Number93.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.72% | ||
| ROE | 14.69% | ||
| ROCE | 11.53% | ||
| ROIC | 8.84% | ||
| ROICexc | 9.14% | ||
| ROICexgc | 9.18% | ||
| OM | 8.77% | ||
| PM (TTM) | 6.97% | ||
| GM | 20.98% | ||
| FCFM | 10.02% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-17.53%
OM growth 5YN/A
PM growth 3Y-17.39%
PM growth 5YN/A
GM growth 3Y-4.41%
GM growth 5Y7.21%
F-Score4
Asset Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.85 | ||
| Debt/EBITDA | 0.59 | ||
| Cap/Depr | 77.74% | ||
| Cap/Sales | 4.27% | ||
| Interest Coverage | 146.93 | ||
| Cash Conversion | 100.22% | ||
| Profit Quality | 143.91% | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 4.55 |
F-Score4
WACC7.87%
ROIC/WACC1.12
Cap/Depr(3y)88.5%
Cap/Depr(5y)80.4%
Cap/Sales(3y)3.81%
Cap/Sales(5y)3.39%
Profit Quality(3y)89.89%
Profit Quality(5y)113.58%
High Growth Momentum
Growth
EPS 1Y (TTM)-5.75%
EPS 3Y-9.46%
EPS 5YN/A
EPS Q2Q%-16.88%
EPS Next Y-21.13%
EPS Next 2Y-8.42%
EPS Next 3Y-1.51%
EPS Next 5Y7.01%
Revenue 1Y (TTM)-8.65%
Revenue growth 3Y-7.57%
Revenue growth 5Y16.06%
Sales Q2Q%-10.53%
Revenue Next Year0.6%
Revenue Next 2Y0.75%
Revenue Next 3Y-4.57%
Revenue Next 5Y-0.9%
EBIT growth 1Y-32.63%
EBIT growth 3Y-23.77%
EBIT growth 5YN/A
EBIT Next Year34.72%
EBIT Next 3Y11.29%
EBIT Next 5Y11.06%
FCF growth 1Y14.32%
FCF growth 3Y-19.32%
FCF growth 5YN/A
OCF growth 1Y12.16%
OCF growth 3Y-13.82%
OCF growth 5Y53.08%
IMPERIAL OIL LTD / IMO.CA FAQ
Can you provide the ChartMill fundamental rating for IMPERIAL OIL LTD?
ChartMill assigns a fundamental rating of 5 / 10 to IMO.CA.
Can you provide the valuation status for IMPERIAL OIL LTD?
ChartMill assigns a valuation rating of 4 / 10 to IMPERIAL OIL LTD (IMO.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for IMPERIAL OIL LTD?
IMPERIAL OIL LTD (IMO.CA) has a profitability rating of 6 / 10.
What are the PE and PB ratios of IMPERIAL OIL LTD (IMO.CA) stock?
The Price/Earnings (PE) ratio for IMPERIAL OIL LTD (IMO.CA) is 19.15 and the Price/Book (PB) ratio is 3.55.
What is the earnings growth outlook for IMPERIAL OIL LTD?
The Earnings per Share (EPS) of IMPERIAL OIL LTD (IMO.CA) is expected to decline by -21.13% in the next year.