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Imperial OilHAM:IMP +1.17%77 Debt-to-EBITDA is 0.59 as of Mar. 2026, which is 44% below its 10-year median of 1.05. GuruFocus rates HAM:IMP with a GF Score™ of 77/100 and a GF Value™ of €70.70. The stock has 6 warning signs investors should review. Among 705 Oil & Gas companies, Imperial Oil ranks better than 79.43% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Imperial Oil's Debt-to-EBITDA or its related term are showing as below:
HAM:IMP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.38 Med: 1.05 Max: 5.68
Current: 0.65
During the past 13 years, the highest Debt-to-EBITDA Ratio of Imperial Oil was 5.68. The lowest was 0.38. And the median was 1.05.
HAM:IMP's Debt-to-EBITDA is ranked better than 79.43% of 705
companies
in the Oil & Gas industry
Industry Median: 2.01
vs HAM:IMP: 0.65
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Imperial Oil Debt-to-EBITDA Related Terms
Imperial Oil Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Imperial Oil's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Integrated subindustry, Imperial Oil's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Imperial Oil Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Imperial Oil's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Imperial Oil's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Imperial Oil (HAM:IMP) has a Debt-to-EBITDA of 0.59 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Imperial Oil. This is 44% below median its historical median of 1.05. Over the past decade, Imperial Oil's Debt-to-EBITDA has ranged from 0.38 to 5.68. According to the industry distribution chart, Imperial Oil ranks #145 out of 705 companies in the Oil & Gas industry, placing it in the top 20.6%.
Is Imperial Oil's Debt-to-EBITDA too high?
Imperial Oil's current Debt-to-EBITDA of 0.59 is 44% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 5.68. The Oil & Gas industry median Debt-to-EBITDA is 2.01. Imperial Oil's value of 0.59 is 70.6% below this industry median. Based on the distribution chart, Imperial Oil ranks #145 out of 705 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Imperial Oil has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Imperial Oil's Debt-to-EBITDA compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Imperial Oil ranks #145 out of 705 companies for Debt-to-EBITDA. This places Imperial Oil in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.01. Imperial Oil's value of 0.59 is 70.6% below this benchmark. Historically, Imperial Oil's own Debt-to-EBITDA has ranged from 0.38 to 5.68 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 2.01, Imperial Oil has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Imperial Oil's current Debt-to-EBITDA of 0.59 is 70.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Imperial Oil. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imperial Oil's current Debt-to-EBITDA is 0.59, which is 44% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Oil stock overvalued right now?
Imperial Oil (HAM:IMP) has a current Debt-to-EBITDA of 0.59. The stock's GF Value™ is €70.70, compared to a current price of €108.50 — trading 53.5% above its estimated fair value. The current Debt-to-EBITDA is 0.59, which is 44% below median its 10-year median of 1.05 and 70.6% below the Oil & Gas industry median of 2.01. Imperial Oil's overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Imperial Oil (HAM:IMP), the current Debt-to-EBITDA is 0.59 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Imperial Oil (HAM:IMP) Overvalued in 2026?
Based on GuruFocus' analysis, Imperial Oil stock appears to be overvalued.
The current stock price of €108.50 is trading 53.5% above its estimated GF Value™ of €70.70.
Key valuation signals for HAM:IMP:
Debt-to-EBITDA: 0.59 (44% below median its 10-year median of 1.05)
GF Value™: €70.70 vs. price of €108.50 (53.5% above fair value)
Industry Position: 70.6% below the Oil & Gas median (#145 of 705)
No single metric tells the full story. See the HAM:IMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Imperial Oil Ltd is an integrated oil company active in all phases of the petroleum industry in Canada, including the exploration for, and production and sale of, crude oil, natural gas, petroleum products, and petrochemicals. It also pursues lower-emission business opportunities, including carbon capture and storage, hydrogen, lower-emission fuels, and lithium. The company's reportable segments are Upstream, Downstream, and Chemical. Maximum revenue for the company is generated from its Downstream segment, which refines crude oil into petroleum products and distributes and market these products. The Upstream segment explores and produces crude oil, its equivalents, and natural gas, and the Chemical segment manufactures and markets hydrocarbon-based chemicals and chemical products.
77GF Score
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