StockCV
Imperial Oil Limited logo

Imperial Oil Limited

Petroleum Refining

$123.01
+0.18%
Market cap $59.5B

Imperial Oil Ltd is an integrated oil company active in all phases of the petroleum industry in Canada, including the exploration for, and production and sale of, crude oil, natural gas, petroleum products, and petrochemicals.

It is a $59.5B energy company. Revenue shrank 9.2% over the last year, it keeps 6¢ of every dollar of sales as profit, and its net debt equals ~0.7 years of free cash flow. It trades at 20.3× earnings — in the most expensive third of its own history.

Location
Calgary, A0
Employees
5 000
Sector
Energy

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation65Growth37Profitability57Health75Quality85Moat42

Strong health and quality; Growth and Moat lag behind.

Valuation65
  • P/E vs own history82th pct · 0/25
  • FCF yield6.5% · 20/25
  • P/S1.6x · 25/25
  • EV/EBITDA10.9x · 20/25
Growth37
  • Revenue CAGRn/a · 0/25
  • Net income CAGR7.2% · 12/25
  • EPS CAGR ~5Y-17.3% · 0/25
  • Fwd implied growth56.0% · 25/25
Profitability57
  • ROIC13.1% · 12/25
  • ROE17.9% · 20/25
  • Net margin6.2% · 13/25
  • Operating margin10.2% · 12/25
Health75
  • Altman Z2.67 · 18/25
  • Current ratio1.38 · 12/25
  • Interest coverage157.3x · 25/25
  • Net cash / debtD/A 7% · 20/25
Quality85
  • Piotroski F4/9 · 10/25
  • Beneish M-2.73 · 25/25
  • FCF conversion132% · 25/25
  • Margin stabilityσ 1.9% · 25/25
Moat42
  • ROIC >12% years4/10 yrs · 6/25
  • Median gross margin12.3% · 0/25
  • FCF-positive years9/10 yrs · 18/25
  • Worst-year net marginworst 6.9% · 18/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. FY2022Financial
    Revenue crossed $1B
    $59.7B for the year
  2. FY2022Financial
    Revenue crossed $10B
    $59.7B for the year
  3. FY2022Financial
    Revenue crossed $50B
    $59.7B for the year
  4. FY2022Financial
    Best year on record
    $7.34B net income
  5. FY2021Financial
    Positive free cash flow every year since
    5-year streak
  6. FY2016Financial
    First recorded profitable year
    $2.17B net income
  7. 1989Acquisition
    Imperial Oil acquired Texaco's Canadian operations
  8. 1884Acquisition
    Imperial Oil purchased the exclusive use of Herman Frasch's fractional distillation patent

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$45 814 today — price return only
$47.1B revenue in FY2025
Profitable 5 years in a row
Positive free cash flow 5 years in a row
5 000 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

  • Could repay net debt from ~0.8 years of free cash flow
  • Interest covered 157.3× by operating earnings

Watch-outs

  • Revenue shrinking 9.2% year over year
  • Loss-making in 1 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

9 of 11 checks passed
  • Revenue growing-9.2% YoY
  • Profitable$2.92B TTM
  • Profit growing-17.3% YoY
  • Generates cash$3.85B TTM
  • Debt under control~0.7y of cash flow to repay
  • Established company$59.5B market cap
  • Not printing shares-21.4% shares over ~5y
  • Proven track record9/10 profitable years
  • Financially stableAltman Z 2.7 — grey
  • Pays a dividendyield 1.77%
  • Valuation not extremeP/E 20.3
Peer comparisonImperial Oil Limited vs 6 largest energy peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
IMO this company$59.5B20.3-9.2%6.2%Strong
XOM ExxonMobil Holdings Corporation$694.0B21.1+9.1%8.9%Mixed
CVX Chevron Corporation$416.8B20.3+10.2%9.6%Mixed
SHEL Shell plc$284.6B11.0-6.1%6.7%Solid
TTE TotalEnergies SE$191.1B10.9-6.8%7.2%Solid
COP ConocoPhillips$161.5B17.4+9.6%14.7%Strained
MPC Marathon Petroleum Corporation$127.8B14.9+15.0%5.6%Strained

Head-to-head: IMO vs XOM · IMO vs CVX · IMO vs SHEL

References

What covering analysts publish about the company — information only, not a recommendation.

Buy 1Hold 10Sell 11Strong sell 2

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of IMO on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $123.01 · market cap $59.5B.