OVV · Ovintiv Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.58B | - | $2.07B | $2.32B | $2.38B | - | $2.32B | $2.29B | $2.39B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $112.00M | - | $78.00M | $76.00M | $93.00M | - | $72.00M | $76.00M | $102.00M | - |
| Total Operating Expenses | $3.29B | - | $1.79B | $1.81B | $2.47B | - | $1.80B | $1.73B | $1.86B | - |
| D&A | $561.00M | - | $545.00M | $556.00M | $545.00M | - | $599.00M | $580.00M | $566.00M | - |
| Operating Income | ($754.00M) | - | $273.00M | $511.00M | ($89.00M) | - | $527.00M | $556.00M | $494.00M | - |
| Interest Expense | $104.00M | - | $91.00M | $95.00M | $97.00M | - | $103.00M | $105.00M | $98.00M | - |
| Income Tax | ($197.00M) | - | $44.00M | $92.00M | ($34.00M) | - | $51.00M | $126.00M | $90.00M | - |
| Net Income | ($630.00M) | - | $148.00M | $307.00M | ($159.00M) | - | $507.00M | $340.00M | $338.00M | - |
| EPS - Basic | ($2.35) | - | $0.58 | $1.19 | ($0.61) | - | $1.93 | $1.28 | $1.25 | - |
| EPS - Diluted | ($2.35) | - | $0.57 | $1.18 | ($0.61) | - | $1.92 | $1.27 | $1.24 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $26.00M | $35.00M | $25.00M | $20.00M | $8.00M | $42.00M | $9.00M | $8.00M | $5.00M | $3.00M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | $390.00M | - | - | - | $435.00M | - | - | - | $586.00M |
| Current Assets | $1.81B | $1.52B | $1.17B | $1.24B | $1.35B | $1.37B | $1.51B | $1.40B | $1.45B | $1.68B |
| Total Assets | $22.29B | $20.39B | $19.39B | $19.73B | $19.61B | $19.25B | $19.86B | $19.81B | $19.83B | $19.99B |
| Current Liabilities | $3.21B | $2.79B | $2.64B | $2.87B | $3.16B | $2.68B | $2.89B | $3.20B | $2.78B | $2.81B |
| Long-term Debt | $5.52B | $4.39B | $4.39B | $4.39B | $4.39B | $4.85B | $4.85B | $4.85B | $5.45B | $5.45B |
| Total Liabilities | $10.74B | $9.20B | $9.15B | $9.36B | $9.53B | $8.92B | $9.20B | $9.48B | $9.57B | $9.62B |
| Stockholders' Equity | $11.56B | $11.20B | $10.23B | $10.38B | $10.08B | $10.33B | $10.65B | $10.33B | $10.26B | $10.37B |
| Retained Earnings | $1.73B | $2.44B | $1.57B | $1.50B | $1.27B | $1.51B | $1.64B | $1.22B | $955.00M | $697.00M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.06B | - | $812.00M | $1.01B | $873.00M | - | $1.02B | $1.02B | $659.00M | - |
| Investing Cash Flow | ($1.74B) | - | ($453.00M) | ($558.00M) | ($895.00M) | - | ($516.00M) | ($641.00M) | ($761.00M) | - |
| Financing Cash Flow | $672.00M | - | ($358.00M) | ($430.00M) | ($12.00M) | - | ($453.00M) | ($376.00M) | $102.00M | - |
| CapEx | $605.00M | - | $544.00M | $521.00M | $617.00M | - | $538.00M | $622.00M | $591.00M | - |
| Free Cash Flow | $451.00M | - | $268.00M | $492.00M | $256.00M | - | $484.00M | $398.00M | $68.00M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -29.3% | - | 13.2% | 22.0% | -3.7% | - | 22.7% | 24.3% | 20.7% | - |
| EBITDA margin | -7.5% | - | 39.6% | 46.0% | 19.2% | - | 48.5% | 49.7% | 44.4% | - |
| Net margin | -24.4% | - | 7.2% | 13.2% | -6.7% | - | 21.8% | 14.9% | 14.2% | - |
| Free cash flow margin | 17.5% | - | 13.0% | 21.2% | 10.8% | - | 20.8% | 17.4% | 2.8% | - |
| FCF / Net income | -0.72 | - | 1.81 | 1.60 | -1.61 | - | 0.95 | 1.17 | 0.20 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 4.3% | - | 3.8% | 3.3% | 3.9% | - | 3.1% | 3.3% | 4.3% | - |
| Effective tax rate | - | - | 22.9% | 23.1% | - | - | 9.1% | 27.0% | 21.0% | - |
| Return on assets | -2.8% | - | 0.8% | 1.6% | -0.8% | - | 2.6% | 1.7% | 1.7% | - |
| Return on equity | -5.5% | - | 1.4% | 3.0% | -1.6% | - | 4.8% | 3.3% | 3.3% | - |
| Return on invested capital | -3.5% | - | 1.4% | 2.7% | -0.5% | - | 3.1% | 2.7% | 2.5% | - |
| Liquidity | ||||||||||
| Current ratio | 0.56 | 0.54 | 0.45 | 0.43 | 0.43 | 0.51 | 0.52 | 0.44 | 0.52 | 0.60 |
| Quick ratio | 0.56 | 0.54 | 0.45 | 0.43 | 0.43 | 0.51 | 0.52 | 0.44 | 0.52 | 0.60 |
| Cash ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Leverage | ||||||||||
| Debt / Equity | 0.48 | 0.39 | 0.43 | 0.42 | 0.44 | 0.47 | 0.46 | 0.47 | 0.53 | 0.53 |
| Debt / Assets | 0.25 | 0.22 | 0.23 | 0.22 | 0.22 | 0.25 | 0.24 | 0.24 | 0.27 | 0.27 |
| Debt / EBITDA | - | - | 5.37 | 4.12 | 9.64 | - | 4.31 | 4.27 | 5.14 | - |
| Interest coverage | -7.3x | - | 3.0x | 5.4x | -0.9x | - | 5.1x | 5.3x | 5.0x | - |
| Equity multiplier | 1.93 | 1.82 | 1.89 | 1.90 | 1.95 | 1.86 | 1.86 | 1.92 | 1.93 | 1.93 |
| Liabilities / Assets | 0.48 | 0.45 | 0.47 | 0.47 | 0.49 | 0.46 | 0.46 | 0.48 | 0.48 | 0.48 |
| Efficiency | ||||||||||
| Asset turnover | 0.12 | - | 0.11 | 0.12 | 0.12 | - | 0.12 | 0.12 | 0.12 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 70.8x | 32.2x | - | - | 20.0x | 36.9x | 41.9x | - |
| P / B | 1.4x | - | 1.0x | 1.0x | 1.1x | - | 0.9x | 1.2x | 1.4x | - |
| P / S | 6.2x | - | 5.0x | 4.3x | 4.7x | - | 4.4x | 5.5x | 5.9x | - |
| EV / EBITDA | - | - | 18.1x | 13.4x | 34.1x | - | 13.3x | 15.3x | 18.5x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 8.4% | - | -11.1% | 1.3% | -0.4% | - | -20.2% | -9.1% | -7.9% | - |
| Revenue CAGR (3y) | -0.2% | - | -17.2% | -16.7% | -11.3% | - | -5.1% | -2.6% | 2.0% | - |
| Revenue CAGR (5y) | 2.8% | - | 9.3% | 4.6% | -2.1% | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -747.2% | - | -48.2% | -8.1% | - | - | 12.8% | 4.7% | -27.1% | - |
| Net income growth (YoY) | -296.2% | - | -70.8% | -9.7% | - | - | 24.9% | 1.2% | -30.6% | - |
| EPS growth (YoY) | -285.2% | - | -70.3% | -7.1% | - | - | 30.6% | -5.2% | -37.1% | - |
| EPS CAGR (3y) | - | - | -50.3% | -39.0% | - | - | - | - | 2.2% | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 76.2% | - | -44.6% | 23.6% | 276.5% | - | 572.2% | 108.4% | -85.2% | - |
| FCF CAGR (5y) | -1.1% | - | - | -5.5% | - | - | - | - | - | - |
| Book value growth (YoY) | 14.7% | 8.4% | -4.0% | 0.5% | -1.8% | -0.4% | 11.5% | 10.9% | 30.0% | 34.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$10.15B totalUsa Operations$4.57B · 45.1%
Canadian Operations$2.60B · 25.6%
Market Optimization Excluding Intercompany Segment Transactions$1.49B · 14.7%
Usa Operations Excluding Intercompany Segment Transactions$1.31B · 12.9%
Canadian Operations Excluding Intercompany Segment Transactions$176.00M · 1.7%
Product / service
$4.57B totalOil One$3.41B · 74.6%
Natural Gas Liquids Reserves$693.00M · 15.2%
Natural Gas Reserves$447.00M · 9.8%
Natural Gas Gathering Processing And Other Service$20.00M · 0.4%
Geographic
$79.00M totalUS$83.00M · 105.1%
CA($4.00M) · -5.1%
Peer comparison
Same SIC group: Crude Petroleum & Natural Gas
Comparing Ovintiv Inc. against the 5 most active filers in the same SIC group.
Dividends
$1.20/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 13, 2026 | $0.3000 |
| Dec 15, 2025 | $0.3000 |
| Sep 15, 2025 | $0.3000 |
| Jun 13, 2025 | $0.3000 |
| Mar 14, 2025 | $0.3000 |
| Dec 13, 2024 | $0.3000 |
| Sep 13, 2024 | $0.3000 |
| Jun 14, 2024 | $0.3000 |
| Mar 14, 2024 | $0.3000 |
| Dec 14, 2023 | $0.3000 |
| Sep 14, 2023 | $0.3000 |
| Jun 14, 2023 | $0.3000 |
| Mar 14, 2023 | $0.2500 |
| Dec 14, 2022 | $0.2500 |
| Sep 14, 2022 | $0.2500 |
| Jun 14, 2022 | $0.2500 |
| Mar 14, 2022 | $0.2000 |
| Dec 14, 2021 | $0.1400 |
| Sep 14, 2021 | $0.1400 |
| Jun 14, 2021 | $0.0940 |
| Mar 12, 2021 | $0.0940 |
| Dec 14, 2020 | $0.0940 |
| Sep 14, 2020 | $0.0940 |
| Jun 12, 2020 | $0.0940 |