Imperial Oil (TSX:IMO) Research & Development: C$0 Mil (TTM As of Mar. 2026)


TSX:IMO Imperial Oil Ltd TSX:IMO
80 GF Score
Price C$160.92
GF Value C$113.41
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Imperial Oil Research & Development?

Imperial Oil TSX:IMO +0.33% 80 Research & Development is C$0 Mil as of Mar. 2026. GuruFocus rates TSX:IMO with a GF Score™ of 80/100 and a GF Value™ of C$113.41 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Imperial Oil's Research & Development for the three months ended in Mar. 2026 was C$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was C$0 Mil.

Imperial Oil  (TSX:IMO) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Imperial Oil Research & Development Related Terms

Imperial Oil Research & Development Historical Data

* Premium members only.

The historical data trend for Imperial Oil's Research & Development 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.

Imperial Oil Research & Development Chart

Imperial Oil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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Imperial Oil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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TSX:IMO
80GF Score
Imperial Oil Ltd TSX:IMO
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Imperial Oil Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of C$0 Mil mean?
Imperial Oil (TSX:IMO) has a Research & Development of C$0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Imperial Oil and its competitors.
Is Imperial Oil's Research & Development too high?
Imperial Oil's current Research & Development is C$0 Mil. Overall, Imperial Oil has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Oil's Research & Development compare to XOM and CVX?
Imperial Oil's Research & Development of C$0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Oil & Gas company?
A good Research & Development depends on the Oil & Gas industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Imperial Oil and its competitors. Imperial Oil's current Research & Development is C$0 Mil. 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?
Based on GuruFocus' analysis, Imperial Oil (TSX:IMO) is currently considered Significantly Overvalued. The stock's GF Value™ is C$113.41, compared to a current price of C$160.92 — trading 41.9% above its estimated fair value. The current Research & Development is C$0 Mil. Imperial Oil's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Imperial Oil (TSX:IMO), the current Research & Development is C$0 Mil 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 (TSX:IMO) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Oil stock appears to be overvalued. The current stock price of C$160.92 is trading 41.9% above its estimated GF Value™ of C$113.41. GuruFocus considers Imperial Oil to be Significantly Overvalued.

Key valuation signals for TSX:IMO:

  • Research & Development: C$0 Mil
  • GF Value™: C$113.41 vs. price of C$160.92 (41.9% above fair value)
  • GF Score™: 80/100 with 2 warning signs

No single metric tells the full story. See the TSX:IMO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Imperial Oil Business Description

Industry EnergyOil & Gas
Other Exchanges IMO:USAIMP:Germany
Address 505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1
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.
80GF Score

Get the complete analysis for TSX:IMO

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$160.92
Price
C$113.41
GF Value