Imperial Oil Ltd
Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. It operates in three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. Its Downstream segment transports and refines crude oil; blends refined products; and distributes and markets refined… Read more
Imperial Oil Ltd (IMO) - Net Assets
Latest net assets as of September 2025: $17.01 Billion USD
Based on the latest financial reports, Imperial Oil Ltd (IMO) has net assets worth $17.01 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($30.85 Billion) and total liabilities ($13.84 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $17.01 Billion |
| % of Total Assets | 55.13% |
| Annual Growth Rate | 4.02% |
| 5-Year Change | 9.59% |
| 10-Year Change | 0.2% |
| Growth Volatility | 11.14 |
Imperial Oil Ltd - Net Assets Trend (1985–2024)
This chart illustrates how Imperial Oil Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Imperial Oil Ltd (1985–2024)
The table below shows the annual net assets of Imperial Oil Ltd from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $23.47 Billion | +5.63% |
| 2023-12-31 | $22.22 Billion | -0.85% |
| 2022-12-31 | $22.41 Billion | +3.12% |
| 2021-12-31 | $21.73 Billion | +1.48% |
| 2020-12-31 | $21.42 Billion | -11.77% |
| 2019-12-31 | $24.28 Billion | -0.87% |
| 2018-12-31 | $24.49 Billion | +0.22% |
| 2017-12-31 | $24.43 Billion | -2.34% |
| 2016-12-31 | $25.02 Billion | +6.81% |
| 2015-12-31 | $23.43 Billion | +3.97% |
| 2014-12-31 | $22.53 Billion | +15.40% |
| 2013-12-31 | $19.52 Billion | +19.22% |
| 2012-12-31 | $16.38 Billion | +22.94% |
| 2011-12-31 | $13.32 Billion | +19.18% |
| 2010-12-31 | $11.18 Billion | +18.41% |
| 2009-12-31 | $9.44 Billion | +4.12% |
| 2008-12-31 | $9.07 Billion | +14.41% |
| 2007-12-31 | $7.92 Billion | +6.99% |
| 2006-12-31 | $7.41 Billion | +11.64% |
| 2005-12-31 | $6.63 Billion | +4.92% |
| 2004-12-31 | $6.32 Billion | +9.43% |
| 2003-12-31 | $5.78 Billion | +10.84% |
| 2002-12-31 | $5.21 Billion | +17.70% |
| 2001-12-31 | $4.43 Billion | +2.50% |
| 2000-12-31 | $4.32 Billion | -2.64% |
| 1999-12-31 | $4.44 Billion | +6.17% |
| 1998-12-31 | $4.18 Billion | -4.63% |
| 1997-12-31 | $4.38 Billion | -4.03% |
| 1996-12-31 | $4.57 Billion | -22.70% |
| 1995-12-31 | $5.91 Billion | -18.64% |
| 1994-12-31 | $7.26 Billion | +10.59% |
| 1993-12-31 | $6.57 Billion | -1.05% |
| 1992-12-31 | $6.64 Billion | -2.27% |
| 1991-12-31 | $6.79 Billion | -21.44% |
| 1990-12-31 | $8.64 Billion | +20.34% |
| 1989-12-31 | $7.18 Billion | +24.38% |
| 1988-12-31 | $5.77 Billion | +3.74% |
| 1987-12-31 | $5.57 Billion | +9.35% |
| 1986-12-31 | $5.09 Billion | +0.85% |
| 1985-12-31 | $5.05 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Imperial Oil Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 523.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $22.75 Billion | 96.90% |
| Common Stock | $942.00 Million | 4.01% |
| Other Comprehensive Income | $-214.00 Million | -0.91% |
| Total Equity | $23.47 Billion | 100.00% |
Imperial Oil Ltd Competitors by Market Cap
The table below lists competitors of Imperial Oil Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Loews Corp
NYSE:L
|
$18.35 Billion |
|
Alliant Energy Corp
NASDAQ:LNT
|
$18.41 Billion |
|
Eternal Limited
NSE:ETERNAL
|
$18.42 Billion |
|
NVR Inc
NYSE:NVR
|
$18.44 Billion |
|
BWX Technologies Inc
NYSE:BWXT
|
$18.32 Billion |
|
Tenet Healthcare Corporation
NYSE:THC
|
$18.32 Billion |
|
Chow Tai Fook Jewellery Group
PINK:CJEWY
|
$18.30 Billion |
|
Zimmer Biomet Holdings Inc
NYSE:ZBH
|
$18.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Imperial Oil Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,222,000,000 to 23,473,000,000, a change of 1,251,000,000 (5.6%).
- Net income of 4,786,784,669 contributed positively to equity growth.
- Dividend payments of 1,238,000,000 reduced retained earnings.
- Share repurchases of 2,681,000,000 reduced equity.
- Other comprehensive income increased equity by 463,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.79 Billion | +20.39% |
| Dividends Paid | $1.24 Billion | -5.27% |
| Share Repurchases | $2.68 Billion | -11.42% |
| Other Comprehensive Income | $463.00 Million | +1.97% |
| Other Changes | $-79.78 Million | -0.34% |
| Total Change | $- | 5.63% |
Book Value vs Market Value Analysis
This analysis compares Imperial Oil Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.82x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 36.00x to 2.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $3.47 | $124.90 | x |
| 1986-12-31 | $3.46 | $124.90 | x |
| 1987-12-31 | $3.77 | $124.90 | x |
| 1988-12-31 | $3.88 | $124.90 | x |
| 1989-12-31 | $5.16 | $124.90 | x |
| 1990-12-31 | $4.32 | $124.90 | x |
| 1991-12-31 | $3.87 | $124.90 | x |
| 1992-12-31 | $3.76 | $124.90 | x |
| 1993-12-31 | $3.76 | $124.90 | x |
| 1994-12-31 | $4.18 | $124.90 | x |
| 1995-12-31 | $3.41 | $124.90 | x |
| 1996-12-31 | $2.89 | $124.90 | x |
| 1997-12-31 | $3.16 | $124.90 | x |
| 1998-12-31 | $3.13 | $124.90 | x |
| 1999-12-31 | $3.42 | $124.90 | x |
| 2000-12-31 | $3.42 | $124.90 | x |
| 2001-12-31 | $3.71 | $124.90 | x |
| 2002-12-31 | $4.54 | $124.90 | x |
| 2003-12-31 | $5.19 | $124.90 | x |
| 2004-12-31 | $5.89 | $124.90 | x |
| 2005-12-31 | $6.45 | $124.90 | x |
| 2006-12-31 | $7.56 | $124.90 | x |
| 2007-12-31 | $8.48 | $124.90 | x |
| 2008-12-31 | $10.20 | $124.90 | x |
| 2009-12-31 | $11.02 | $124.90 | x |
| 2010-12-31 | $13.08 | $124.90 | x |
| 2011-12-31 | $15.61 | $124.90 | x |
| 2012-12-31 | $19.24 | $124.90 | x |
| 2013-12-31 | $22.95 | $124.90 | x |
| 2014-12-31 | $26.49 | $124.90 | x |
| 2015-12-31 | $27.54 | $124.90 | x |
| 2016-12-31 | $29.52 | $124.90 | x |
| 2017-12-31 | $28.89 | $124.90 | x |
| 2018-12-31 | $30.23 | $124.90 | x |
| 2019-12-31 | $31.73 | $124.90 | x |
| 2020-12-31 | $29.13 | $124.90 | x |
| 2021-12-31 | $30.54 | $124.90 | x |
| 2022-12-31 | $35.01 | $124.90 | x |
| 2023-12-31 | $38.59 | $124.90 | x |
| 2024-12-31 | $44.24 | $124.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Imperial Oil Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.39%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.81%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 1.83x
- Recent ROE (20.39%) is above the historical average (16.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 13.55% | 8.15% | 0.91x | 1.82x | $179.35 Million |
| 1986 | 8.64% | 6.57% | 0.77x | 1.70x | $-69.01 Million |
| 1987 | 12.86% | 10.17% | 0.74x | 1.70x | $159.45 Million |
| 1988 | 8.68% | 7.05% | 0.73x | 1.68x | $-76.45 Million |
| 1989 | 6.35% | 4.56% | 0.65x | 2.15x | $-262.14 Million |
| 1990 | 6.62% | 4.39% | 0.74x | 2.04x | $-292.43 Million |
| 1991 | 2.39% | 1.76% | 0.68x | 1.99x | $-517.00 Million |
| 1992 | 2.94% | 2.18% | 0.68x | 1.99x | $-468.56 Million |
| 1993 | 4.25% | 3.19% | 0.68x | 1.95x | $-377.61 Million |
| 1994 | 4.94% | 4.03% | 0.62x | 1.99x | $-367.15 Million |
| 1995 | 8.70% | 5.45% | 0.78x | 2.04x | $-76.80 Million |
| 1996 | 17.21% | 7.57% | 0.99x | 2.30x | $329.24 Million |
| 1997 | 19.33% | 7.94% | 1.06x | 2.30x | $408.73 Million |
| 1998 | 13.25% | 6.15% | 0.95x | 2.26x | $136.02 Million |
| 1999 | 11.51% | 3.97% | 1.33x | 2.18x | $66.91 Million |
| 2000 | 32.87% | 7.87% | 1.61x | 2.60x | $988.15 Million |
| 2001 | 27.97% | 7.18% | 1.60x | 2.43x | $795.61 Million |
| 2002 | 23.49% | 7.19% | 1.44x | 2.28x | $703.18 Million |
| 2003 | 29.50% | 8.87% | 1.55x | 2.14x | $1.13 Billion |
| 2004 | 32.71% | 9.16% | 1.61x | 2.22x | $1.44 Billion |
| 2005 | 39.11% | 9.35% | 1.78x | 2.35x | $1.93 Billion |
| 2006 | 41.08% | 13.10% | 1.44x | 2.18x | $2.30 Billion |
| 2007 | 40.07% | 13.42% | 1.45x | 2.06x | $2.38 Billion |
| 2008 | 37.42% | 12.96% | 1.54x | 1.88x | $2.49 Billion |
| 2009 | 16.74% | 7.89% | 1.15x | 1.85x | $636.34 Million |
| 2010 | 19.88% | 9.35% | 1.15x | 1.84x | $1.10 Billion |
| 2011 | 25.25% | 11.56% | 1.14x | 1.91x | $2.03 Billion |
| 2012 | 23.05% | 12.67% | 1.01x | 1.79x | $2.14 Billion |
| 2013 | 13.75% | 9.04% | 0.80x | 1.91x | $732.68 Million |
| 2014 | 16.06% | 10.92% | 0.81x | 1.81x | $1.36 Billion |
| 2015 | 4.78% | 4.45% | 0.58x | 1.84x | $-1.22 Billion |
| 2016 | 8.72% | 9.25% | 0.57x | 1.66x | $-321.13 Million |
| 2017 | 2.03% | 1.78% | 0.67x | 1.70x | $-1.95 Billion |
| 2018 | 9.42% | 6.95% | 0.80x | 1.69x | $-142.23 Million |
| 2019 | 9.31% | 6.83% | 0.78x | 1.74x | $-167.62 Million |
| 2020 | -8.69% | -9.04% | 0.54x | 1.78x | $-4.00 Billion |
| 2021 | 11.49% | 6.97% | 0.88x | 1.88x | $324.36 Million |
| 2022 | 32.46% | 12.82% | 1.30x | 1.94x | $5.03 Billion |
| 2023 | 22.00% | 10.12% | 1.17x | 1.85x | $2.67 Billion |
| 2024 | 20.39% | 9.81% | 1.14x | 1.83x | $2.44 Billion |
Industry Comparison
This section compares Imperial Oil Ltd's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $24,963,516,215
- Average return on equity (ROE) among peers: -14.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Imperial Oil Ltd (IMO) | $17.01 Billion | 13.55% | 0.81x | $18.34 Billion |
| Bedford Energy Inc (BFDE) | $270.56K | 33.19% | 3.36x | $0.95 |
| Brinx Resources Ltd (BNXR) | $2.54 Million | -30.13% | 0.01x | $1.97K |
| BP p.l.c (BPAQF) | $112.64 Billion | 3.36% | 1.52x | $69.85 Billion |
| Crown LNG Holdings Limited Ordinary Shares (CGBS) | $19.26K | -29.83% | 3.48x | $16.80K |
| Crown LNG Holdings Limited Warrants (CGBSW) | $14.89 Million | -181.71% | 1.10x | $834.21K |
| CNVEF (CNVEF) | $29.77 Billion | 10.55% | 0.90x | $18.53 Billion |
| Cenovus Energy Inc (CVE) | $29.77 Billion | 10.55% | 0.90x | $36.85 Billion |
| Chevron Corp (CVX) | $77.29 Billion | 24.18% | 0.92x | $367.06 Billion |
| Diversified Energy Company plc (DEC) | $89.66 Million | 9.90% | 1.55x | $965.92 Million |
| ECA Marcellus Trust I Unit (ECTM) | $55.79 Million | 6.23% | 0.02x | $4.93K |