Last 47 quarters of trend data · Energy · Oil & Gas Integrated
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Imperial Oil Limited's quarterly P/E stands at 21.2x, up 179.3% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 53.9% YoY to 7.5x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 17.80 | 21.20 | 10.63 | 7.20 | 6.50 | 7.59 | 8.09 | 7.75 | 5.84 | 5.60 | 11.12 | 5.96 | 4.26 |
| — | +179.3% | +31.4% | -7.1% | +11.3% | +35.6% | -27.3% | +30.0% | +37.0% | +66.1% | +241.8% | -14.1% | -44.3% | |
| P/S Ratio | 1.64 | 0.99 | 0.93 | 0.78 | 0.67 | 0.75 | 0.72 | 0.79 | 0.64 | 0.68 | 0.67 | 0.65 | 0.54 |
| — | +31.8% | +28.9% | -1.7% | +3.8% | +10.4% | +7.7% | +23.2% | +20.0% | +43.2% | +43.4% | -3.4% | +1.8% | |
| P/B Ratio | 3.63 | 2.70 | 1.62 | 1.51 | 1.36 | 1.59 | 1.53 | 1.61 | 1.44 | 1.50 | 1.26 | 1.27 | 1.31 |
| — | +70.0% | +6.0% | -5.9% | -5.6% | +5.8% | +21.8% | +26.5% | +9.3% | +23.2% | -11.8% | -12.9% | +14.1% | |
| P/FCF | 19.39 | 8.85 | 10.20 | 8.17 | 5.82 | 9.36 | 7.84 | 16.03 | 9.48 | 4.52 | 19.39 | — | 3.19 |
| — | -5.4% | +30.0% | -49.0% | -38.6% | +106.9% | -59.6% | — | +197.0% | +79.6% | +482.2% | — | -38.3% | |
| EV / EBITDA | 10.06 | 7.46 | 6.17 | 4.55 | 4.27 | 4.85 | 5.06 | 4.92 | 4.08 | 3.65 | 6.06 | 3.78 | 2.79 |
| — | +53.9% | +22.1% | -7.6% | +4.8% | +32.9% | -16.6% | +30.1% | +46.2% | +51.5% | +159.0% | -15.5% | -33.3% | |
| EV / EBIT | 13.59 | 16.74 | 8.45 | 5.85 | 5.54 | 6.24 | 6.48 | 6.34 | 5.03 | 4.42 | 8.88 | 4.80 | 3.29 |
| — | +168.0% | +30.5% | -7.7% | +10.2% | +41.3% | -27.1% | +32.1% | +52.7% | +58.0% | +233.7% | -14.9% | -46.6% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Imperial Oil Limited's operating margin was 5.8% in Q3 2025, down 5.5 pp QoQ and down 6.7 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 10.9% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 21.6% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 14.4% | 11.2% | 13.6% | 16.0% | 14.9% | 14.3% | 13.3% | 15.4% | 15.4% | 17.6% | 9.6% | 15.6% | 18.2% |
| — | -21.6% | +2.5% | +3.8% | -3.3% | -18.9% | +38.8% | -1.4% | -15.2% | -1.1% | -52.1% | +9.4% | +59.4% | |
| Operating Margin | 12.5% | 5.8% | 11.3% | 13.8% | 12.7% | 12.5% | 11.6% | 13.3% | 13.6% | 15.8% | 7.7% | 14.0% | 16.3% |
| — | -53.3% | -2.1% | +3.8% | -6.0% | -20.9% | +49.4% | -5.2% | -16.9% | -3.3% | -59.0% | +12.7% | +70.4% | |
| Net Margin | 9.8% | 4.6% | 8.8% | 10.8% | 10.3% | 9.9% | 8.9% | 10.3% | 11.0% | 12.1% | 6.0% | 10.8% | 12.5% |
| — | -52.9% | -1.9% | +5.8% | -6.7% | -18.6% | +47.7% | -5.3% | -11.7% | -13.6% | -58.0% | +12.4% | +80.7% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 21.0% | 2.6% | 3.9% | 5.3% | 5.2% | 5.2% | 4.8% | 5.3% | 5.9% | 6.7% | 2.9% | 5.4% | 7.7% |
| — | -50.5% | -19.8% | +1.3% | -12.4% | -22.5% | +68.6% | -3.0% | -22.5% | -26.2% | -73.8% | +2.3% | +100.7% | |
| ROA | 11.4% | 1.4% | 2.2% | 2.9% | 2.9% | 2.9% | 2.6% | 2.9% | 3.2% | 3.7% | 1.6% | 2.9% | 4.0% |
| — | -49.5% | -17.1% | +3.1% | -11.0% | -23.5% | +63.2% | -1.9% | -18.6% | -18.7% | -70.5% | +5.2% | +97.2% | |
| ROIC | 17.5% | 2.2% | 3.5% | 4.6% | 4.3% | 4.5% | 4.2% | 4.5% | 4.9% | 6.1% | 2.5% | 5.0% | 7.3% |
| — | -49.8% | -17.7% | +2.0% | -12.8% | -26.7% | +66.5% | -10.0% | -32.2% | -17.6% | -73.9% | +8.5% | +112.0% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Imperial Oil Limited's Debt/EBITDA ratio is 1.9x, down from 2.4x last quarter — comfortably within a safe range.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.18 | 0.18 | 0.17 | 0.17 | 0.18 | 0.18 | 0.18 | 0.19 | 0.20 | 0.18 | 0.18 | 0.19 | 0.20 |
| — | -1.1% | -7.0% | -8.8% | -9.6% | -1.7% | -2.8% | -0.3% | -0.9% | -6.4% | -24.9% | -22.9% | -19.3% | |
| Debt / EBITDA | 0.50 | 1.90 | 2.42 | 1.92 | 2.03 | 2.05 | 2.22 | 2.11 | 2.01 | 1.71 | 3.32 | 2.08 | 1.64 |
| — | -7.3% | +9.0% | -8.8% | +1.2% | +20.4% | -33.2% | +1.3% | +22.2% | +13.1% | +123.2% | -25.3% | -48.1% | |
| Current Ratio | 1.33 | 1.47 | 1.58 | 1.48 | 1.33 | 1.44 | 1.40 | 1.34 | 1.26 | 1.38 | 1.49 | 1.41 | 1.21 |
| — | +1.9% | +13.4% | +10.2% | +6.2% | +4.3% | -6.4% | -5.2% | +4.2% | +12.4% | +26.5% | +14.1% | -14.2% | |
| Quick Ratio | 0.96 | 1.04 | 1.19 | 1.07 | 0.96 | 1.08 | 1.03 | 0.90 | 0.81 | 1.04 | 1.12 | 1.00 | 0.95 |
| — | -3.6% | +15.5% | +19.2% | +18.8% | +3.2% | -8.0% | -9.8% | -14.9% | +6.4% | +16.1% | +0.6% | -12.2% | |
| Interest Coverage | 149.02 | 84.88 | 614.00 | — | 379.75 | 142.82 | 104.93 | 129.25 | 93.28 | 110.11 | 54.06 | 101.06 | 86.77 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Start ComparisonImperial Oil Limited's current P/E is 17.8x. The average P/E over the last 4 quarters is 11.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Imperial Oil Limited's current operating margin is 12.5%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Imperial Oil Limited's business trajectory between earnings reports.