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Side-by-side financial comparison of IMPERIAL OIL LTD (IMO) and Visa Inc. (V). Click either name above to swap in a different company.
Visa Inc. is the larger business by last-quarter revenue ($11.2B vs $8.2B, roughly 1.4× IMPERIAL OIL LTD). Visa Inc. runs the higher net margin — 53.4% vs 4.4%, a 49.1% gap on every dollar of revenue. On growth, Visa Inc. posted the faster year-over-year revenue change (17.0% vs -10.5%). Over the past eight quarters, Visa Inc.'s revenue compounded faster (8.1% CAGR vs -4.2%).
Imperial Oil Limited is a Canadian petroleum company. It is Canada's second-largest integrated oil company that is also occasionally known as Imperial Esso. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company. It is a producer of crude oil, diluted bitumen, and natural gas. Imperial Oil is one of Canada's major petroleum refiners and petrochemical producers. It supplies Esso-brand service stations.
Visa Inc. is an American multinational payment card services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards.
IMO vs V — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $8.2B | $11.2B |
| Net Profit | $359.2M | $6.0B |
| Gross Margin | — | — |
| Operating Margin | 5.6% | 64.4% |
| Net Margin | 4.4% | 53.4% |
| Revenue YoY | -10.5% | 17.0% |
| Net Profit YoY | -59.8% | 32.0% |
| EPS (diluted) | — | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q2 26 | — | $11.2B | ||
| Q4 25 | $8.2B | $10.9B | ||
| Q3 25 | $8.8B | $10.7B | ||
| Q2 25 | $8.2B | $10.2B | ||
| Q1 25 | $9.1B | $9.6B | ||
| Q4 24 | $9.2B | $9.5B | ||
| Q3 24 | $9.7B | $9.6B | ||
| Q2 24 | $9.8B | — |
| Q2 26 | — | $6.0B | ||
| Q4 25 | $359.2M | $5.9B | ||
| Q3 25 | $393.5M | $5.1B | ||
| Q2 25 | $692.8M | $5.3B | ||
| Q1 25 | $940.2M | $4.6B | ||
| Q4 24 | $894.3M | $5.1B | ||
| Q3 24 | $903.0M | $5.3B | ||
| Q2 24 | $827.1M | — |
| Q2 26 | — | 64.4% | ||
| Q4 25 | 5.6% | 61.8% | ||
| Q3 25 | 5.8% | 57.3% | ||
| Q2 25 | 11.1% | 60.7% | ||
| Q1 25 | 13.5% | 56.6% | ||
| Q4 24 | 12.5% | 65.6% | ||
| Q3 24 | 12.1% | 66.0% | ||
| Q2 24 | 11.1% | — |
| Q2 26 | — | 53.4% | ||
| Q4 25 | 4.4% | 53.7% | ||
| Q3 25 | 4.5% | 47.5% | ||
| Q2 25 | 8.4% | 51.8% | ||
| Q1 25 | 10.3% | 47.7% | ||
| Q4 24 | 9.7% | 53.8% | ||
| Q3 24 | 9.3% | 55.3% | ||
| Q2 24 | 8.5% | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $833.7M | $12.4B |
| Total DebtLower is stronger | $2.9B | $22.4B |
| Stockholders' EquityBook value | $16.2B | $35.7B |
| Total Assets | $30.9B | $95.0B |
| Debt / EquityLower = less leverage | 0.18× | 0.63× |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | $12.4B | ||
| Q4 25 | $833.7M | $14.8B | ||
| Q3 25 | $1.4B | $17.2B | ||
| Q2 25 | $1.7B | $17.1B | ||
| Q1 25 | $1.3B | $11.7B | ||
| Q4 24 | $714.7M | $12.4B | ||
| Q3 24 | $1.1B | $12.0B | ||
| Q2 24 | $1.5B | — |
| Q2 26 | — | $22.4B | ||
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $2.9B | — | ||
| Q1 25 | $2.9B | — | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.9B | — |
| Q2 26 | — | $35.7B | ||
| Q4 25 | $16.2B | $38.8B | ||
| Q3 25 | $17.3B | $37.9B | ||
| Q2 25 | $18.2B | $38.7B | ||
| Q1 25 | $17.8B | $38.0B | ||
| Q4 24 | $17.1B | $38.3B | ||
| Q3 24 | $17.3B | $39.1B | ||
| Q2 24 | $17.5B | — |
| Q2 26 | — | $95.0B | ||
| Q4 25 | $30.9B | $96.8B | ||
| Q3 25 | $31.4B | $99.6B | ||
| Q2 25 | $32.2B | $100.0B | ||
| Q1 25 | $32.0B | $92.9B | ||
| Q4 24 | $31.3B | $91.9B | ||
| Q3 24 | $31.0B | $94.5B | ||
| Q2 24 | $32.2B | — |
| Q2 26 | — | 0.63× | ||
| Q4 25 | 0.18× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.16× | — | ||
| Q1 25 | 0.16× | — | ||
| Q4 24 | 0.17× | — | ||
| Q3 24 | 0.17× | — | ||
| Q2 24 | 0.17× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.4B | — |
| Free Cash FlowOCF − Capex | $938.8M | — |
| FCF MarginFCF / Revenue | 11.4% | — |
| Capex IntensityCapex / Revenue | 5.6% | — |
| Cash ConversionOCF / Net Profit | 3.90× | — |
| TTM Free Cash FlowTrailing 4 quarters | $3.4B | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q4 25 | $1.4B | $6.8B | ||
| Q3 25 | $1.3B | $6.2B | ||
| Q2 25 | $1.1B | $6.7B | ||
| Q1 25 | $1.1B | $4.7B | ||
| Q4 24 | $1.3B | $5.4B | ||
| Q3 24 | $1.1B | $6.7B | ||
| Q2 24 | $1.2B | — |
| Q2 26 | — | — | ||
| Q4 25 | $938.8M | $6.4B | ||
| Q3 25 | $944.6M | $5.8B | ||
| Q2 25 | $725.6M | $6.3B | ||
| Q1 25 | $824.2M | $4.4B | ||
| Q4 24 | $997.2M | $5.1B | ||
| Q3 24 | $730.7M | $6.4B | ||
| Q2 24 | $852.6M | — |
| Q2 26 | — | — | ||
| Q4 25 | 11.4% | 58.7% | ||
| Q3 25 | 10.7% | 54.5% | ||
| Q2 25 | 8.8% | 62.0% | ||
| Q1 25 | 9.0% | 45.5% | ||
| Q4 24 | 10.8% | 53.1% | ||
| Q3 24 | 7.5% | 66.1% | ||
| Q2 24 | 8.7% | — |
| Q2 26 | — | — | ||
| Q4 25 | 5.6% | 3.5% | ||
| Q3 25 | 4.2% | 3.6% | ||
| Q2 25 | 4.2% | 4.1% | ||
| Q1 25 | 3.2% | 3.4% | ||
| Q4 24 | 3.4% | 3.6% | ||
| Q3 24 | 3.7% | 3.2% | ||
| Q2 24 | 3.4% | — |
| Q2 26 | — | — | ||
| Q4 25 | 3.90× | 1.16× | ||
| Q3 25 | 3.34× | 1.23× | ||
| Q2 25 | 1.54× | 1.28× | ||
| Q1 25 | 1.19× | 1.03× | ||
| Q4 24 | 1.46× | 1.05× | ||
| Q3 24 | 1.20× | 1.25× | ||
| Q2 24 | 1.44× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IMO
Segment breakdown not available.
V
| Data processing revenue | $5.5B | 49% |
| International transaction revenue | $3.6B | 32% |
| Other revenue | $1.3B | 12% |
| Other | $736.0M | 7% |
