IMPERIAL OIL LTD (IMO.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:IMO • CA4530384086
148.49 CAD
-2.43 (-1.61%)
Last: Feb 5, 2026, 07:00 PM
We assign a fundamental rating of 6 out of 10 to IMO. IMO was compared to 216 industry peers in the Oil, Gas & Consumable Fuels industry. IMO has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. IMO has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- IMO had positive earnings in the past year.
- IMO had a positive operating cash flow in the past year.
- Of the past 5 years IMO 4 years were profitable.
- Of the past 5 years IMO 4 years had a positive operating cash flow.
1.2 Ratios
- IMO has a Return On Assets of 9.31%. This is amongst the best in the industry. IMO outperforms 94.44% of its industry peers.
- IMO has a better Return On Equity (16.89%) than 95.37% of its industry peers.
- IMO has a better Return On Invested Capital (10.67%) than 96.30% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for IMO is significantly above the industry average of 6.50%.
- 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 61.57% of its industry peers.
- In the last couple of years the Profit Margin of IMO has grown nicely.
- IMO's Operating Margin of 10.43% is in line compared to the rest of the industry. IMO outperforms 57.87% of its industry peers.
- IMO's Operating Margin has improved in the last couple of years.
- IMO's Gross Margin of 22.56% is in line compared to the rest of the industry. IMO outperforms 51.85% of its industry peers.
- IMO's Gross Margin has improved in the last couple of years.
| 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
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), IMO 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
- An Altman-Z score of 4.62 indicates that IMO is not in any danger for bankruptcy at the moment.
- With an excellent Altman-Z score value of 4.62, IMO belongs to the best of the industry, outperforming 84.26% of the companies in the same industry.
- IMO has a debt to FCF ratio of 0.84. This is a very positive value and a sign of high solvency as it would only need 0.84 years to pay back of 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 93.52% 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 67.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.84 | ||
| Altman-Z | 4.62 |
ROIC/WACC1.39
WACC7.65%
2.3 Liquidity
- A Current Ratio of 1.47 indicates that IMO should not have too much problems paying its short term obligations.
- With a decent Current ratio value of 1.47, IMO is doing good in the industry, outperforming 73.61% of the companies in the same industry.
- 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.
- IMO has a Quick ratio of 1.17. This is in the better half of the industry: IMO outperforms 69.44% of its industry peers.
| 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 -6.44% in the last year.
- The Earnings Per Share has been decreasing by -9.68% on average over the past years.
EPS 1Y (TTM)-6.44%
EPS 3Y-9.68%
EPS 5YN/A
EPS Q2Q%-19.51%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-13.17%
3.2 Future
- IMO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.21% yearly.
- IMO is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.29% yearly.
EPS Next Y-13.19%
EPS Next 2Y-0.93%
EPS Next 3Y4.99%
EPS Next 5Y7.21%
Revenue Next Year7.49%
Revenue Next 2Y6.24%
Revenue Next 3Y-1.49%
Revenue Next 5Y-1.29%
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
- A Price/Earnings ratio of 17.55 indicates a rather expensive valuation of IMO.
- Based on the Price/Earnings ratio, IMO is valued a bit cheaper than 66.20% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.67. IMO is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 20.23, which indicates a rather expensive current valuation of IMO.
- IMO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. IMO is cheaper than 61.57% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 27.20, IMO is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.55 | ||
| Fwd PE | 20.23 |
4.2 Price Multiples
- IMO's Enterprise Value to EBITDA ratio is in line with the industry average.
- 70.37% of the companies in the same industry are more expensive than IMO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.26 | ||
| EV/EBITDA | 10.04 |
4.3 Compensation for Growth
- The excellent profitability rating of IMO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.93%
EPS Next 3Y4.99%
5. Dividend
5.1 Amount
- IMO has a Yearly Dividend Yield of 2.02%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 3.01, IMO pays a bit more dividend than its industry peers.
- IMO's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
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 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 33.92% of its income as dividend. This is a sustainable payout ratio.
- IMO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP33.92%
EPS Next 2Y-0.93%
EPS Next 3Y4.99%
TSX:IMO (2/5/2026, 7:00:00 PM)
148.49
-2.43 (-1.61%)
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 Cap72.99B
Revenue(TTM)N/A
Net Income(TTM)4.00B
Analysts48.7
Price Target115.26 (-22.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
Yearly Dividend2.37
Dividend Growth(5Y)23.44%
DP33.92%
Div Incr Years30
Div Non Decr Years34
Ex-DateN/A
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)0.72%
PT rev (3m)3.49%
EPS NQ rev (1m)1.89%
EPS NQ rev (3m)9.82%
EPS NY rev (1m)0.45%
EPS NY rev (3m)2.4%
Revenue NQ rev (1m)-1.21%
Revenue NQ rev (3m)-3.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.55 | ||
| Fwd PE | 20.23 | ||
| P/S | 1.51 | ||
| P/FCF | 15.26 | ||
| P/OCF | 11.09 | ||
| P/B | 3.08 | ||
| P/tB | 3.1 | ||
| EV/EBITDA | 10.04 |
EPS(TTM)8.46
EY5.7%
EPS(NY)7.34
Fwd EY4.94%
FCF(TTM)9.73
FCFY6.55%
OCF(TTM)13.38
OCFY9.01%
SpS98.09
BVpS48.18
TBVpS47.84
PEG (NY)N/A
PEG (5Y)N/A
Graham Number95.77
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 | 4.62 |
F-Score7
WACC7.65%
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)-6.44%
EPS 3Y-9.68%
EPS 5YN/A
EPS Q2Q%-19.51%
EPS Next Y-13.19%
EPS Next 2Y-0.93%
EPS Next 3Y4.99%
EPS Next 5Y7.21%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-13.17%
Revenue Next Year7.49%
Revenue Next 2Y6.24%
Revenue Next 3Y-1.49%
Revenue Next 5Y-1.29%
EBIT growth 1Y-19.46%
EBIT growth 3Y23.34%
EBIT growth 5Y24.52%
EBIT Next Year32.05%
EBIT Next 3Y8.08%
EBIT Next 5Y7.48%
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 17.55 and the Price/Book (PB) ratio is 3.08.
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 -13.19% in the next year.