Imperial Oil Limited (IMO) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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IMO Revenue Growth
Revenue Breakdown (FY 2025)
IMO's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
IMO Revenue Analysis (2014–2025)
As of May 6, 2026, Imperial Oil Limited (IMO) generated trailing twelve-month (TTM) revenue of $47.04 billion, reflecting solid growth of +6.7% year-over-year. The most recent quarter (Q4 2025) recorded $12.72 billion in revenue, up 9.5% sequentially.
Looking at the longer-term picture, IMO's 5-year compound annual growth rate (CAGR) stands at +18.0%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $57.23 billion in 2022.
Revenue diversification analysis shows IMO's business is primarily driven by Downstream (75%), Upstream (23%), and Chemical (2%). With over half of revenue concentrated in Downstream, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including CVE (-3.5% YoY), SU (-3.5% YoY), and CNQ (-0.0% YoY), IMO has underperformed the peer group in terms of revenue growth. Compare IMO vs CVE →
IMO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| IMOCurrent | $47.0B | +6.7% | +18.0% | 9.0% | |
 CVE | $49.7B | -3.5% | +29.0% | 8.8% | |
 SU | $48.9B | -3.5% | +14.7% | 31.7% | |
 CNQ | $38.7B | -0.0% | +17.2% | 21.2% | |
 MEG | $831M | +19.3% | +20.4% | 1.5% | |
 MPC | $132.7B | -1.4% | +13.7% | 4.3% |
IMO Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $47.04B | -3.7% | $9.99B | 21.2% | $4.25B | 9.0% |
| 2024 | $48.82B | +1.1% | $7.06B | 14.5% | $6.11B | 12.5% |
| 2023 | $48.30B | -15.6% | $7.12B | 14.7% | $6.17B | 12.8% |
| 2022 | $57.23B | +60.9% | $10.19B | 17.8% | $9.29B | 16.2% |
| 2021 | $35.58B | +73.2% | $4.11B | 11.6% | $3.25B | 9.1% |
| 2020 | $20.55B | -36.2% | $-1,573,000,000 | -7.7% | $0 | - |
| 2019 | $32.19B | -3.3% | $3.13B | 9.7% | $2.04B | 6.3% |
| 2018 | $33.30B | +21.3% | $4.08B | 12.3% | $3.05B | 9.1% |
| 2017 | $27.45B | +17.3% | $1.55B | 5.6% | $361.0M | 1.3% |
| 2016 | $23.40B | -7.1% | $1.55B | 6.6% | $204.0M | 0.9% |
Full IMO Stock Analysis
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Start ComparisonIMO — Frequently Asked Questions
Quick answers to the most common questions about buying IMO stock.
Is IMO's revenue growth accelerating or slowing?
IMO maintains +6.7% revenue growth, in line with its 5-year CAGR of +18.0%. TTM revenue stands at $47.0B. Growth rate remains consistent with historical average.
What is IMO's long-term revenue growth rate?
Imperial Oil Limited's 5-year revenue CAGR of +18.0% reflects the sustained expansion pattern. Current YoY growth of +6.7% is near this long-term average.
How is IMO's revenue distributed by segment?
IMO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.