Imperial Oil Ltd (IMO) - Net Assets

Latest as of September 2025: CA$17.01 Billion CAD ≈ $12.30 Billion USD

Based on the latest financial reports, Imperial Oil Ltd (IMO) has net assets worth CA$17.01 Billion CAD (≈ $12.30 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 (CA$30.85 Billion ≈ $22.31 Billion USD) and total liabilities (CA$13.84 Billion ≈ $10.01 Billion USD). 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. Check IMO asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$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. Also explore IMO current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is Imperial Oil Ltd worth.

Year Net Assets Change
2024-12-31 CA$23.47 Billion
≈ $16.98 Billion		 +5.63%
2023-12-31 CA$22.22 Billion
≈ $16.08 Billion		 -0.85%
2022-12-31 CA$22.41 Billion
≈ $16.21 Billion		 +3.12%
2021-12-31 CA$21.73 Billion
≈ $15.72 Billion		 +1.48%
2020-12-31 CA$21.42 Billion
≈ $15.49 Billion		 -11.77%
2019-12-31 CA$24.28 Billion
≈ $17.56 Billion		 -0.87%
2018-12-31 CA$24.49 Billion
≈ $17.71 Billion		 +0.22%
2017-12-31 CA$24.43 Billion
≈ $17.68 Billion		 -2.34%
2016-12-31 CA$25.02 Billion
≈ $18.10 Billion		 +6.81%
2015-12-31 CA$23.43 Billion
≈ $16.95 Billion		 +3.97%
2014-12-31 CA$22.53 Billion
≈ $16.30 Billion		 +15.40%
2013-12-31 CA$19.52 Billion
≈ $14.12 Billion		 +19.22%
2012-12-31 CA$16.38 Billion
≈ $11.85 Billion		 +22.94%
2011-12-31 CA$13.32 Billion
≈ $9.64 Billion		 +19.18%
2010-12-31 CA$11.18 Billion
≈ $8.09 Billion		 +18.41%
2009-12-31 CA$9.44 Billion
≈ $6.83 Billion		 +4.12%
2008-12-31 CA$9.07 Billion
≈ $6.56 Billion		 +14.41%
2007-12-31 CA$7.92 Billion
≈ $5.73 Billion		 +6.99%
2006-12-31 CA$7.41 Billion
≈ $5.36 Billion		 +11.64%
2005-12-31 CA$6.63 Billion
≈ $4.80 Billion		 +4.92%
2004-12-31 CA$6.32 Billion
≈ $4.57 Billion		 +9.43%
2003-12-31 CA$5.78 Billion
≈ $4.18 Billion		 +10.84%
2002-12-31 CA$5.21 Billion
≈ $3.77 Billion		 +17.70%
2001-12-31 CA$4.43 Billion
≈ $3.20 Billion		 +2.50%
2000-12-31 CA$4.32 Billion
≈ $3.13 Billion		 -2.64%
1999-12-31 CA$4.44 Billion
≈ $3.21 Billion		 +6.17%
1998-12-31 CA$4.18 Billion
≈ $3.02 Billion		 -4.63%
1997-12-31 CA$4.38 Billion
≈ $3.17 Billion		 -4.03%
1996-12-31 CA$4.57 Billion
≈ $3.30 Billion		 -22.70%
1995-12-31 CA$5.91 Billion
≈ $4.27 Billion		 -18.64%
1994-12-31 CA$7.26 Billion
≈ $5.25 Billion		 +10.59%
1993-12-31 CA$6.57 Billion
≈ $4.75 Billion		 -1.05%
1992-12-31 CA$6.64 Billion
≈ $4.80 Billion		 -2.27%
1991-12-31 CA$6.79 Billion
≈ $4.91 Billion		 -21.44%
1990-12-31 CA$8.64 Billion
≈ $6.25 Billion		 +20.34%
1989-12-31 CA$7.18 Billion
≈ $5.20 Billion		 +24.38%
1988-12-31 CA$5.77 Billion
≈ $4.18 Billion		 +3.74%
1987-12-31 CA$5.57 Billion
≈ $4.03 Billion		 +9.35%
1986-12-31 CA$5.09 Billion
≈ $3.68 Billion		 +0.85%
1985-12-31 CA$5.05 Billion
≈ $3.65 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 CA$22.75 Billion 96.90%
Common Stock CA$942.00 Million 4.01%
Other Comprehensive Income CA$-214.00 Million -0.91%
Total Equity CA$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
Marathon Petroleum Corp
NYSE:MPC
 $61.10 Billion
Natwest Group PLC
NYSE:NWG
 $61.48 Billion
Simon Property Group Inc
NYSE:SPG
 $61.60 Billion
Fortinet Inc
NASDAQ:FTNT
 $61.83 Billion
TE Connectivity Ltd
NYSE:TEL
 $61.02 Billion
PACCAR Inc
NASDAQ:PCAR
 $60.99 Billion
Vingroup JSC
VN:VIC
 $60.97 Billion
United Rentals Inc
NYSE:URI
 $60.40 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 4,790,000,000 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 CA$4.79 Billion +20.41%
Dividends Paid CA$1.24 Billion -5.27%
Share Repurchases CA$2.68 Billion -11.42%
Other Comprehensive Income CA$463.00 Million +1.97%
Other Changes CA$-83.00 Million -0.35%
Total Change CA$- 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: 3.95x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 50.33x to 3.95x 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 CA$3.47 CA$174.60 x
1986-12-31 CA$3.46 CA$174.60 x
1987-12-31 CA$3.77 CA$174.60 x
1988-12-31 CA$3.88 CA$174.60 x
1989-12-31 CA$5.16 CA$174.60 x
1990-12-31 CA$4.32 CA$174.60 x
1991-12-31 CA$3.87 CA$174.60 x
1992-12-31 CA$3.76 CA$174.60 x
1993-12-31 CA$3.76 CA$174.60 x
1994-12-31 CA$4.18 CA$174.60 x
1995-12-31 CA$3.41 CA$174.60 x
1996-12-31 CA$2.89 CA$174.60 x
1997-12-31 CA$3.16 CA$174.60 x
1998-12-31 CA$3.13 CA$174.60 x
1999-12-31 CA$3.42 CA$174.60 x
2000-12-31 CA$3.42 CA$174.60 x
2001-12-31 CA$3.71 CA$174.60 x
2002-12-31 CA$4.54 CA$174.60 x
2003-12-31 CA$5.19 CA$174.60 x
2004-12-31 CA$5.89 CA$174.60 x
2005-12-31 CA$6.45 CA$174.60 x
2006-12-31 CA$7.57 CA$174.60 x
2007-12-31 CA$8.48 CA$174.60 x
2008-12-31 CA$10.20 CA$174.60 x
2009-12-31 CA$11.02 CA$174.60 x
2010-12-31 CA$13.08 CA$174.60 x
2011-12-31 CA$15.61 CA$174.60 x
2012-12-31 CA$19.24 CA$174.60 x
2013-12-31 CA$22.95 CA$174.60 x
2014-12-31 CA$26.49 CA$174.60 x
2015-12-31 CA$27.54 CA$174.60 x
2016-12-31 CA$29.42 CA$174.60 x
2017-12-31 CA$28.89 CA$174.60 x
2018-12-31 CA$30.23 CA$174.60 x
2019-12-31 CA$31.73 CA$174.60 x
2020-12-31 CA$29.13 CA$174.60 x
2021-12-31 CA$30.48 CA$174.60 x
2022-12-31 CA$34.94 CA$174.60 x
2023-12-31 CA$38.59 CA$174.60 x
2024-12-31 CA$44.24 CA$174.60 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): 20.41%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.30%
  • • Asset Turnover: 1.20x
  • • Equity Multiplier: 1.83x
  • Recent ROE (20.41%) is above the historical average (17.02%), 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 CA$179.35 Million
1986 8.64% 6.57% 0.77x 1.70x CA$-69.01 Million
1987 12.86% 10.17% 0.74x 1.70x CA$159.45 Million
1988 8.68% 7.05% 0.73x 1.68x CA$-76.45 Million
1989 6.35% 4.56% 0.65x 2.15x CA$-262.14 Million
1990 6.62% 4.39% 0.74x 2.04x CA$-292.43 Million
1991 2.39% 1.76% 0.68x 1.99x CA$-517.00 Million
1992 2.94% 2.18% 0.68x 1.99x CA$-468.56 Million
1993 4.25% 3.13% 0.70x 1.95x CA$-377.55 Million
1994 5.99% 3.98% 0.76x 1.99x CA$-291.30 Million
1995 8.70% 5.54% 0.77x 2.04x CA$-76.75 Million
1996 17.21% 7.57% 0.99x 2.30x CA$329.24 Million
1997 19.33% 7.94% 1.06x 2.30x CA$408.73 Million
1998 13.25% 6.15% 0.95x 2.26x CA$136.02 Million
1999 13.11% 5.67% 1.06x 2.18x CA$138.24 Million
2000 32.87% 7.97% 1.59x 2.60x CA$988.15 Million
2001 28.07% 7.21% 1.60x 2.43x CA$800.38 Million
2002 23.22% 7.10% 1.44x 2.28x CA$689.01 Million
2003 29.12% 8.76% 1.55x 2.14x CA$1.10 Billion
2004 32.45% 9.14% 1.60x 2.22x CA$1.42 Billion
2005 39.20% 9.22% 1.81x 2.35x CA$1.94 Billion
2006 41.10% 12.28% 1.54x 2.18x CA$2.30 Billion
2007 40.24% 12.53% 1.56x 2.06x CA$2.40 Billion
2008 42.78% 12.28% 1.85x 1.88x CA$2.97 Billion
2009 16.73% 7.42% 1.22x 1.85x CA$635.10 Million
2010 19.77% 9.35% 1.15x 1.84x CA$1.09 Billion
2011 25.31% 11.56% 1.15x 1.91x CA$2.04 Billion
2012 23.00% 12.67% 1.01x 1.79x CA$2.13 Billion
2013 14.48% 9.04% 0.84x 1.91x CA$875.60 Million
2014 16.80% 10.92% 0.85x 1.81x CA$1.53 Billion
2015 4.79% 4.45% 0.58x 1.84x CA$-1.22 Billion
2016 8.65% 9.25% 0.56x 1.66x CA$-337.10 Million
2017 2.01% 1.68% 0.70x 1.70x CA$-1.95 Billion
2018 9.45% 6.62% 0.84x 1.69x CA$-134.90 Million
2019 9.06% 6.47% 0.81x 1.74x CA$-227.60 Million
2020 -8.67% -8.33% 0.59x 1.78x CA$-4.00 Billion
2021 11.41% 6.61% 0.92x 1.88x CA$305.50 Million
2022 32.75% 12.33% 1.37x 1.94x CA$5.10 Billion
2023 22.00% 9.61% 1.24x 1.85x CA$2.67 Billion
2024 20.41% 9.30% 1.20x 1.83x CA$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: $14,873,534,016
  • Average return on equity (ROE) among peers: 13.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Imperial Oil Ltd (IMO) CA$17.01 Billion 13.55% 0.81x $61.08 Billion
Cenovus Energy Inc (CVE) $28.71 Billion 14.31% 0.88x $54.34 Billion
Suncor Energy Inc (SU) $1.04 Billion 11.70% 1.13x $79.05 Billion

About Imperial Oil Ltd

TO:IMO Canada Oil & Gas Integrated
Market Cap
$61.08 Billion
CA$84.44 Billion CAD
Market Cap Rank
#430 Global
#17 in Canada
Share Price
CA$174.60
Change (1 day)
-4.04%
52-Week Range
CA$93.44 - CA$184.38
All Time High
CA$184.38
Categories
Companies in Canada Oil & Gas Integrated
About

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