# Imperial Oil Limited (IMO) fundamentals

Data as of 2026-11-04. AMEX, United States. Sector: Energy / Oil, Gas & Fuels. Price $134.29, market value $63.4 billion.

## Valuation
- **P/E (trailing): 14.8×** (5-yr avg 7.9×, 3-yr avg 8.7×). Imperial Oil Limited trades at 14.8× trailing earnings, well above its own five-year average of 7.9×: investors are paying up relative to the company's past. The Energy median in the September 2026 study was 16.8×. Forward P/E is 12.9×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.6×**. Each dollar of revenue is priced at 1.6×.
- **Price / book: 3.6×**. The shares trade at 3.6× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 7.1%** (5-yr avg 16.1%). Free cash flow equals 7.1% of the market value, below its five-year average of 16.1%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 6.7%**. The inverse of the P/E: 6.7% of the price is earned each year.

## Profitability
- **Net margin: 6.9%**. 6.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.7%**. 14.7% on shareholders' equity is solid.
- **Return on assets: 14.4%**. Each dollar of assets produces 14.4% of profit.

## Growth
- **Revenue growth (1 yr): -8.6%** (3-yr -7.5%/yr, 5-yr 16.1%/yr). Revenue fell 8.6% over the last year, against 16.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -28.2%** (3-yr -17.3%/yr). Earnings per share fell 28.2%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -19.3%/yr**. Free cash flow has compounded at -19.3% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.20**. Debt is 0.20 times equity: a conservative balance sheet.
- **Current ratio: 1.27** (quick 0.83). Current assets cover the next year's liabilities 1.27 times.
- **Altman Z-score: 4.13**. A Z-score of 4.13 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.85%** ($2.49 per share, trailing). Imperial Oil Limited yields 1.85%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 43%** (25% of free cash flow). 43% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 10**. 10 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 25.5%/yr** (1-yr 18.3%). The dividend has compounded at 25.5% a year over five years, doubling roughly every 3 years at that pace.

## Analyst view
- **Analyst consensus: underperform** (1 analyst). 1 analysts cover Imperial Oil Limited; the consensus is underperform, with an average price target of $108.72 (-19% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 53.8%** (YTD 56.3%, 3-mo 5.7%). The shares are up 53.8% over twelve months including dividends.
- **From 52-week high: -3.7%** (61.3% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 55**. An RSI of 55 is neutral.
- **Beta (1 yr): -0.13** (volatility 30%). Beta of -0.13 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=IMO · Page: https://foliofundamentals.com/stocks/imo

Not investment advice.