IMPERIAL OIL LTD (IMO.CA) Stock Fundamental Analysis
TSX:IMO • CA4530384086
164.96 CAD
-3.01 (-1.79%)
Last: Feb 20, 2026, 07:00 PM
Taking everything into account, IMO scores 6 out of 10 in our fundamental rating. IMO was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. IMO scores excellent points on both the profitability and health parts. This is a solid base for a good stock. IMO is valued correctly, but it does not seem to be growing. Finally IMO also has an excellent dividend rating. These ratings would make IMO suitable for dividend investing!
1. Profitability
1.1 Basic Checks
- In the past year IMO was profitable.
- In the past year IMO had a positive cash flow from operations.
- IMO had positive earnings in 4 of the past 5 years.
- Of the past 5 years IMO 4 years had a positive operating cash flow.
1.2 Ratios
- IMO has a better Return On Assets (9.31%) than 94.34% of its industry peers.
- The Return On Equity of IMO (16.89%) is better than 95.28% of its industry peers.
- IMO's Return On Invested Capital of 10.67% is amongst the best of the industry. IMO outperforms 96.23% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for IMO is significantly above the industry average of 6.59%.
- The last Return On Invested Capital (10.67%) for IMO is well below the 3 year average (15.78%), which needs to be investigated, but indicates that IMO had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.31% | ||
| ROE | 16.89% | ||
| ROIC | 10.67% |
ROA(3y)13.3%
ROA(5y)8.22%
ROE(3y)25.05%
ROE(5y)15.58%
ROIC(3y)15.78%
ROIC(5y)N/A
1.3 Margins
- IMO has a Profit Margin of 8.30%. This is in the better half of the industry: IMO outperforms 61.79% of its industry peers.
- In the last couple of years the Profit Margin of IMO has grown nicely.
- Looking at the Operating Margin, with a value of 10.43%, IMO is in line with its industry, outperforming 58.02% of the companies in the same industry.
- In the last couple of years the Operating Margin of IMO has grown nicely.
- The Gross Margin of IMO (22.56%) is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of IMO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.43% | ||
| PM (TTM) | 8.3% | ||
| GM | 22.56% |
OM growth 3Y11.07%
OM growth 5Y14.66%
PM growth 3Y12.16%
PM growth 5Y7.59%
GM growth 3Y1.78%
GM growth 5Y3.23%
2. Health
2.1 Basic Checks
- IMO has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- There is no outstanding debt for IMO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- IMO has an Altman-Z score of 4.83. This indicates that IMO is financially healthy and has little risk of bankruptcy at the moment.
- IMO has a Altman-Z score of 4.83. This is amongst the best in the industry. IMO outperforms 84.43% of its industry peers.
- The Debt to FCF ratio of IMO is 0.84, which is an excellent value as it means it would take IMO, only 0.84 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 0.84, IMO belongs to the top of the industry, outperforming 94.34% of the companies in the same industry.
- A Debt/Equity ratio of 0.17 indicates that IMO is not too dependend on debt financing.
- The Debt to Equity ratio of IMO (0.17) is better than 66.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.84 | ||
| Altman-Z | 4.83 |
ROIC/WACC1.39
WACC7.69%
2.3 Liquidity
- IMO has a Current Ratio of 1.47. This is a normal value and indicates that IMO is financially healthy and should not expect problems in meeting its short term obligations.
- IMO's Current ratio of 1.47 is fine compared to the rest of the industry. IMO outperforms 72.17% of its industry peers.
- IMO has a Quick Ratio of 1.17. This is a normal value and indicates that IMO is financially healthy and should not expect problems in meeting its short term obligations.
- With a decent Quick ratio value of 1.17, IMO is doing good in the industry, outperforming 67.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
- The earnings per share for IMO have decreased by -5.75% in the last year.
- IMO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.46% yearly.
EPS 1Y (TTM)-5.75%
EPS 3Y-9.46%
EPS 5YN/A
EPS Q2Q%-16.88%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-10.53%
3.2 Future
- The Earnings Per Share is expected to grow by 7.01% on average over the next years.
- Based on estimates for the next years, IMO will show a decrease in Revenue. The Revenue will decrease by -1.20% on average per year.
EPS Next Y-13.83%
EPS Next 2Y-1.3%
EPS Next 3Y4.73%
EPS Next 5Y7.01%
Revenue Next Year7.49%
Revenue Next 2Y6.24%
Revenue Next 3Y-1.49%
Revenue Next 5Y-1.2%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- IMO is valuated rather expensively with a Price/Earnings ratio of 19.36.
- Compared to the rest of the industry, the Price/Earnings ratio of IMO indicates a somewhat cheap valuation: IMO is cheaper than 66.04% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 26.99. IMO is valued slightly cheaper when compared to this.
- A Price/Forward Earnings ratio of 22.47 indicates a rather expensive valuation of IMO.
- 61.32% of the companies in the same industry are more expensive than IMO, based on the Price/Forward Earnings ratio.
- IMO is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.02, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.36 | ||
| Fwd PE | 22.47 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IMO is on the same level as its industry peers.
- IMO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. IMO is cheaper than 71.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.68 | ||
| EV/EBITDA | 10.95 |
4.3 Compensation for Growth
- IMO has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.3%
EPS Next 3Y4.73%
5. Dividend
5.1 Amount
- IMO has a Yearly Dividend Yield of 2.20%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 3.99, IMO pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.81, IMO pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
5.2 History
- The dividend of IMO is nicely growing with an annual growth rate of 23.44%!
- IMO has been paying a dividend for at least 10 years, so it has a reliable track record.
- IMO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)23.44%
Div Incr Years30
Div Non Decr Years34
5.3 Sustainability
- IMO pays out 33.92% of its income as dividend. This is a sustainable payout ratio.
- The dividend of IMO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP33.92%
EPS Next 2Y-1.3%
EPS Next 3Y4.73%
TSX:IMO (2/20/2026, 7:00:00 PM)
164.96
-3.01 (-1.79%)
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 Owners30.51%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap79.77B
Revenue(TTM)N/A
Net Income(TTM)4.00B
Analysts48.7
Price Target116.94 (-29.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
Yearly Dividend2.37
Dividend Growth(5Y)23.44%
DP33.92%
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)12.02%
Min EPS beat(2)11.99%
Max EPS beat(2)12.06%
EPS beat(4)4
Avg EPS beat(4)12.54%
Min EPS beat(4)10.95%
Max EPS beat(4)15.18%
EPS beat(8)8
Avg EPS beat(8)12.27%
EPS beat(12)12
Avg EPS beat(12)10.25%
EPS beat(16)14
Avg EPS beat(16)10.88%
Revenue beat(2)0
Avg Revenue beat(2)-13.99%
Min Revenue beat(2)-19.09%
Max Revenue beat(2)-8.9%
Revenue beat(4)0
Avg Revenue beat(4)-16.26%
Min Revenue beat(4)-27.99%
Max Revenue beat(4)-8.9%
Revenue beat(8)0
Avg Revenue beat(8)-18.12%
Revenue beat(12)0
Avg Revenue beat(12)-17.56%
Revenue beat(16)1
Avg Revenue beat(16)-16.55%
PT rev (1m)1.45%
PT rev (3m)5%
EPS NQ rev (1m)-4.17%
EPS NQ rev (3m)0.49%
EPS NY rev (1m)0%
EPS NY rev (3m)1.08%
Revenue NQ rev (1m)-5.42%
Revenue NQ rev (3m)-8.41%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.36 | ||
| Fwd PE | 22.47 | ||
| P/S | 1.65 | ||
| P/FCF | 16.68 | ||
| P/OCF | 12.13 | ||
| P/B | 3.37 | ||
| P/tB | 3.39 | ||
| EV/EBITDA | 10.95 |
EPS(TTM)8.52
EY5.16%
EPS(NY)7.34
Fwd EY4.45%
FCF(TTM)9.89
FCFY6%
OCF(TTM)13.6
OCFY8.25%
SpS99.7
BVpS48.98
TBVpS48.63
PEG (NY)N/A
PEG (5Y)N/A
Graham Number96.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.31% | ||
| ROE | 16.89% | ||
| ROCE | 13.9% | ||
| ROIC | 10.67% | ||
| ROICexc | 11.25% | ||
| ROICexgc | 11.3% | ||
| OM | 10.43% | ||
| PM (TTM) | 8.3% | ||
| GM | 22.56% | ||
| FCFM | 9.92% |
ROA(3y)13.3%
ROA(5y)8.22%
ROE(3y)25.05%
ROE(5y)15.58%
ROIC(3y)15.78%
ROIC(5y)N/A
ROICexc(3y)16.85%
ROICexc(5y)N/A
ROICexgc(3y)16.94%
ROICexgc(5y)N/A
ROCE(3y)20.55%
ROCE(5y)N/A
ROICexgc growth 3Y20.23%
ROICexgc growth 5Y25.24%
ROICexc growth 3Y20.24%
ROICexc growth 5Y25.25%
OM growth 3Y11.07%
OM growth 5Y14.66%
PM growth 3Y12.16%
PM growth 5Y7.59%
GM growth 3Y1.78%
GM growth 5Y3.23%
F-Score7
Asset Turnover1.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.84 | ||
| Debt/EBITDA | 0.53 | ||
| Cap/Depr | 73.34% | ||
| Cap/Sales | 3.72% | ||
| Interest Coverage | 201.2 | ||
| Cash Conversion | 87.97% | ||
| Profit Quality | 119.55% | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 4.83 |
F-Score7
WACC7.69%
ROIC/WACC1.39
Cap/Depr(3y)89.4%
Cap/Depr(5y)70.15%
Cap/Sales(3y)3.24%
Cap/Sales(5y)3.31%
Profit Quality(3y)82.59%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.75%
EPS 3Y-9.46%
EPS 5YN/A
EPS Q2Q%-16.88%
EPS Next Y-13.83%
EPS Next 2Y-1.3%
EPS Next 3Y4.73%
EPS Next 5Y7.01%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-10.53%
Revenue Next Year7.49%
Revenue Next 2Y6.24%
Revenue Next 3Y-1.49%
Revenue Next 5Y-1.2%
EBIT growth 1Y-19.46%
EBIT growth 3Y23.34%
EBIT growth 5Y24.52%
EBIT Next Year32.05%
EBIT Next 3Y8.08%
EBIT Next 5Y8.33%
FCF growth 1Y40.14%
FCF growth 3Y-1.98%
FCF growth 5Y8.05%
OCF growth 1Y26.03%
OCF growth 3Y2.98%
OCF growth 5Y6.19%
IMPERIAL OIL LTD / IMO.CA FAQ
Can you provide the ChartMill fundamental rating for IMPERIAL OIL LTD?
ChartMill assigns a fundamental rating of 6 / 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 8 / 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 19.36 and the Price/Book (PB) ratio is 3.37.
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 -13.83% in the next year.