Imperial Oil Ltd (IMO) — Free Cash Flow Generation Index
Latest as of December 2025:
0.67x
Imperial Oil Ltd (IMO) has a Free Cash Flow Generation Index of 0.67x as of December 2025. Free cash flow of CA$1.29 Billion represents 1% of operating cash flow (CA$1.92 Billion). Explore IMO capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
0.67x
Free Cash Flow / Operating CF
Free Cash Flow
CA$1.29 Billion
CAD
Operating Cash Flow
CA$1.92 Billion
CAD
Capital Expenditures
CA$632.00 Million
CAD
Imperial Oil Ltd Free Cash Flow Generation Index (1985–2025)
Historical FCF Generation Index trend for Imperial Oil Ltd across 40 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Imperial Oil Ltd.
Annual Free Cash Flow Generation for Imperial Oil Ltd (1985–2025)
Year-by-year Free Cash Flow Generation Index for Imperial Oil Ltd. Check IMO capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.70x | CA$4.70 Billion | CA$6.71 Billion | CA$2.00 Billion | ▲ +1.9% |
| 2024 | 0.69x | CA$4.11 Billion | CA$5.98 Billion | CA$1.87 Billion | ▲ +31.8% |
| 2023 | 0.52x | CA$1.95 Billion | CA$3.73 Billion | CA$1.78 Billion | ▼ -38.9% |
| 2022 | 0.85x | CA$8.96 Billion | CA$10.48 Billion | CA$1.53 Billion | ▲ +7.1% |
| 2021 | 0.80x | CA$4.37 Billion | CA$5.48 Billion | CA$1.11 Billion | ▲ +1009.3% |
| 2020 | -0.09x | CA$-70.00 Million | CA$798.00 Million | CA$868.00 Million | ▼ -113.9% |
| 2019 | 0.63x | CA$2.79 Billion | CA$4.43 Billion | CA$1.64 Billion | ▲ +1.7% |
| 2018 | 0.62x | CA$2.43 Billion | CA$3.92 Billion | CA$1.49 Billion | ▼ -3.2% |
| 2017 | 0.64x | CA$1.77 Billion | CA$2.76 Billion | CA$993.00 Million | ▲ +37.0% |
| 2016 | 0.47x | CA$942.00 Million | CA$2.02 Billion | CA$1.07 Billion | ▲ +222.5% |
| 2015 | -0.38x | CA$-827.00 Million | CA$2.17 Billion | CA$2.99 Billion | ▼ -90.0% |
| 2014 | -0.20x | CA$-885.00 Million | CA$4.41 Billion | CA$5.29 Billion | ▲ +78.0% |
| 2013 | -0.91x | CA$-3.00 Billion | CA$3.29 Billion | CA$6.30 Billion | ▼ -435.3% |
| 2012 | -0.17x | CA$-798.00 Million | CA$4.68 Billion | CA$5.48 Billion | ▼ -234.3% |
| 2011 | 0.13x | CA$570.00 Million | CA$4.49 Billion | CA$3.92 Billion | ▲ +162.7% |
| 2010 | -0.20x | CA$-649.00 Million | CA$3.21 Billion | CA$3.86 Billion | ▲ +53.6% |
| 2009 | -0.44x | CA$-694.00 Million | CA$1.59 Billion | CA$2.29 Billion | ▼ -161.3% |
| 2008 | 0.71x | CA$3.03 Billion | CA$4.26 Billion | CA$1.23 Billion | ▼ -5.4% |
| 2007 | 0.75x | CA$2.73 Billion | CA$3.63 Billion | CA$898.80 Million | ▲ +11.9% |
| 2006 | 0.67x | CA$2.41 Billion | CA$3.59 Billion | CA$1.18 Billion | ▲ +14.8% |
| 2005 | 0.59x | CA$2.02 Billion | CA$3.45 Billion | CA$1.43 Billion | ▲ +0.1% |
| 2004 | 0.58x | CA$1.94 Billion | CA$3.31 Billion | CA$1.38 Billion | ▲ +72.2% |
| 2003 | 0.34x | CA$744.56 Million | CA$2.19 Billion | CA$1.45 Billion | ▲ +357.5% |
| 2002 | 0.07x | CA$124.33 Million | CA$1.68 Billion | CA$1.55 Billion | ▼ -84.1% |
| 2001 | 0.47x | CA$934.42 Million | CA$2.00 Billion | CA$1.07 Billion | ▼ -32.6% |
| 2000 | 0.69x | CA$1.45 Billion | CA$2.09 Billion | CA$643.37 Million | ▲ +24.3% |
| 1999 | 0.56x | CA$820.89 Million | CA$1.47 Billion | CA$653.07 Million | ▲ +97.8% |
| 1998 | 0.28x | CA$239.94 Million | CA$852.01 Million | CA$612.07 Million | ▼ -20.1% |
| 1997 | 0.35x | CA$347.96 Million | CA$986.99 Million | CA$639.03 Million | ▼ -47.8% |
| 1996 | 0.68x | CA$1.17 Billion | CA$1.74 Billion | CA$564.07 Million | ▲ +3.4% |
| 1995 | 0.65x | CA$1.07 Billion | CA$1.64 Billion | CA$569.95 Million | ▲ +110.4% |
| 1994 | 0.31x | CA$294.29 Million | CA$948.38 Million | CA$654.09 Million | ▼ -50.4% |
| 1993 | 0.63x | CA$900.05 Million | CA$1.44 Billion | CA$537.99 Million | ▼ -7.2% |
| 1992 | 0.67x | CA$968.98 Million | CA$1.44 Billion | CA$467.01 Million | ▲ +117.0% |
| 1991 | 0.31x | CA$259.07 Million | CA$833.03 Million | CA$573.95 Million | ▼ -68.9% |
| 1990 | 1.00x | CA$571.86 Million | CA$571.86 Million | CA$0.00 | ▲ +117.1% |
| 1989 | -5.85x | CA$-4.86 Billion | CA$829.99 Million | CA$5.69 Billion | ▼ -685.1% |
| 1988 | 1.00x | CA$500.95 Million | CA$500.95 Million | CA$0.00 | ▲ +0.0% |
| 1986 | 1.00x | CA$439.99 Million | CA$439.99 Million | CA$0.00 | ▲ +0.0% |
| 1985 | 1.00x | CA$684.05 Million | CA$684.05 Million | CA$0.00 | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).