Ovintiv Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:46:24Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 1.50B | 1.41B | 1.42B | 2.03B | 1.53B | 70.00M |
| EBITDA | 3.31B | 3.87B | 4.69B | 4.97B | 2.71B | -3.56B |
| Working Capital | -1.27B | -1.31B | -1.14B | -1.08B | -1.16B | -1.18B |
| Net Debt | 6.39B | 6.25B | 6.68B | 4.49B | 5.58B | 8.00B |
| Operating Margin | 13.06% | 17.66% | 26.86% | 27.01% | 14.51% | -97.97% |
| Net Margin | 14.34% | 12.58% | 19.56% | 25.50% | 13.53% | -110.67% |
| Return on Equity (ROE) | 11.09% | 10.89% | 20.11% | 47.30% | 27.91% | -158.90% |
| Return on Assets (ROA) | 6.09% | 5.84% | 10.43% | 24.16% | 10.07% | -42.14% |
| Current Ratio | 0.54× | 0.51× | 0.60× | 0.61× | 0.58× | 0.51× |
| Debt-to-Equity | 0.57× | 0.61× | 0.64× | 0.58× | 1.14× | 2.09× |
| Effective Tax Rate | -61.30% | 16.73% | 16.93% | -2.16% | -14.29% | -6.40% |
| Cash Conversion Ratio | 2.94× | 3.31× | 2.00× | 1.06× | 2.21× | -0.31× |
| Accruals Ratio | -0.12× | -0.13× | -0.10× | -0.02× | -0.12× | -0.55× |
| SBC % of Revenue | 0.66% | 0.74% | 0.44% | 1.42% | 1.32% | 0.60% |
| CapEx Coverage | 1.70× | 1.61× | 1.52× | 2.10× | 1.95× | 1.04× |
| Free Cash Flow Per Share | $5.78 | $5.28 | $5.37 | $7.85 | $5.74 | $0.27 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 8.20× | 9.62× | 5.56× | 3.60× | 6.33× | — |
| P/FCF | 6.78× | 7.68× | 8.18× | 6.46× | 5.88× | 53.30× |
| FCF Yield | 14.75% | 13.03% | 12.23% | 15.48% | 17.02% | 1.88% |
| EV / EBITDA | 4.93× | 4.34× | 3.97× | 3.41× | 5.27× | — |
| P/S | 1.15× | 1.18× | 1.12× | 0.87× | 0.83× | 0.68× |
| P/B | 0.89× | 1.02× | 1.15× | 1.62× | 1.71× | 0.97× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 8.66B | 8.94B | 10.66B | 14.26B | 10.47B | 5.51B |
| Revenues | 8.91B | 9.15B | 10.88B | 12.46B | 8.66B | 6.09B |
| Operating Expenses | 7.78B | 7.57B | 8.02B | 8.61B | 7.14B | 11.48B |
| Operating Income (Loss) | 1.13B | 1.58B | 2.86B | 3.85B | 1.52B | -5.40B |
| Income Tax Expense (Benefit) | -472.00M | 226.00M | 425.00M | -77.00M | -177.00M | 367.00M |
| Net Income (Loss) Attributable to Parent | 1.24B | 1.13B | 2.08B | 3.64B | 1.42B | -6.10B |
| Earnings Per Share, Basic | $4.83 | $4.25 | $8.02 | $14.34 | $5.44 | $-23.47 |
| Weighted Average Number of Shares Outstanding, Basic | 257.20M | 264.60M | 259.90M | 253.60M | 260.40M | 259.80M |
| Earnings Per Share, Diluted | $4.78 | $4.21 | $7.90 | $14.08 | $5.32 | $-23.47 |
| Weighted Average Number of Shares Outstanding, Diluted | 259.70M | 267.40M | 263.90M | 258.40M | 266.40M | 259.80M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 35.00M | 42.00M | 3.00M | 5.00M | 195.00M | 10.00M |
| Assets, Current | 1.52B | 1.37B | 1.68B | 1.70B | 1.59B | 1.25B |
| Assets | 20.39B | 19.25B | 19.99B | 15.06B | 14.05B | 14.47B |
| Long-term Debt | 5.20B | 5.45B | 5.74B | 3.57B | 4.79B | 6.88B |
| Liabilities, Current | 2.79B | 2.68B | 2.81B | 2.78B | 2.75B | 2.42B |
| Long-term Debt, Excluding Current Maturities | 4.39B | 4.85B | 5.45B | 3.18B | 4.79B | 6.37B |
| Liabilities | 9.20B | 8.92B | 9.62B | 7.37B | 8.98B | 10.63B |
| Stockholders' Equity Attributable to Parent | 11.20B | 10.33B | 10.37B | 7.69B | 5.07B | 3.84B |
| Common Stock, Shares, Outstanding | 253.30M | 260.40M | 271.70M | 245.70M | 258.00M | 259.80M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 3.65B | 3.72B | 4.17B | 3.87B | 3.13B | 1.90B |
| Payments to Acquire Property, Plant, and Equipment | 2.15B | 2.30B | 2.74B | 1.83B | 1.52B | 1.74B |
| Net Cash Provided by (Used in) Investing Activities | -2.88B | -2.46B | -5.52B | -1.79B | -525.00M | -1.86B |
| Payments for Repurchase of Common Stock | 307.00M | 597.00M | 426.00M | 719.00M | 111.00M | 0 |
| Net Cash Provided by (Used in) Financing Activities | -762.00M | -1.23B | 1.36B | -2.27B | -2.42B | -206.00M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 451.00M | 489.00M | 268.00M | 492.00M | 256.00M | 468.00M |
| EBITDA | -193.00M | 969.00M | 818.00M | 1.07B | 456.00M | 547.00M |
| Working Capital | -1.40B | -1.27B | -1.46B | -1.63B | -1.81B | -1.31B |
| Net Debt | 7.78B | 6.39B | 6.40B | 6.58B | 6.75B | 6.25B |
| Operating Margin | -29.26% | 21.23% | 13.51% | 23.08% | -3.75% | 0.09% |
| Net Margin | -24.45% | 46.06% | 7.33% | 13.87% | -6.69% | -2.75% |
| Return on Equity (ROE) | -5.45% | 8.45% | 1.45% | 2.96% | -1.58% | -0.58% |
| Return on Assets (ROA) | -2.83% | 4.64% | 0.76% | 1.56% | -0.81% | -0.31% |
| Current Ratio | 0.56× | 0.54× | 0.45× | 0.43× | 0.43× | 0.51× |
| Debt-to-Equity | 0.68× | 0.57× | 0.63× | 0.64× | 0.67× | 0.61× |
| Effective Tax Rate | 23.82% | -154.30% | 22.92% | 23.06% | 17.62% | 40.59% |
| Cash Conversion Ratio | -1.68× | 1.01× | 5.49× | 3.30× | -5.49× | -17.00× |
| Accruals Ratio | -0.08× | -0.00× | -0.03× | -0.04× | -0.05× | -0.06× |
| SBC % of Revenue | 0.70% | 0.68% | 0.79% | 0.63% | 0.55% | 0.82% |
| CapEx Coverage | 1.75× | 2.05× | 1.49× | 1.94× | 1.41× | 1.85× |
| Free Cash Flow Per Share | $1.68 | $1.88 | $1.04 | $1.89 | $0.98 | $1.75 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 19.46× | 8.18× | 42.96× | 16.62× | 17.98× | 9.57× |
| EV / EBITDA | 9.23× | 4.93× | 5.76× | 5.12× | 5.49× | 4.34× |
| P/S | 1.89× | 1.15× | 1.16× | 1.09× | 1.25× | 1.18× |
| P/B | 1.45× | 0.89× | 1.00× | 0.94× | 1.11× | 1.02× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 2.58B | 2.05B | 2.02B | 2.21B | 2.38B | 2.19B |
| Revenues | 2.53B | 2.15B | 2.07B | 2.32B | 2.38B | 2.19B |
| Operating Expenses | 3.29B | 1.71B | 1.79B | 1.81B | 2.47B | 2.19B |
| Operating Income (Loss) | -754.00M | 436.00M | 273.00M | 511.00M | -89.00M | 2.00M |
| Income Tax Expense (Benefit) | -197.00M | -574.00M | 44.00M | 92.00M | -34.00M | -41.00M |
| Net Income (Loss) Attributable to Parent | -630.00M | 946.00M | 148.00M | 307.00M | -159.00M | -60.00M |
| Earnings Per Share, Basic | $-2.35 | $3.69 | $0.58 | $1.19 | $-0.61 | $-0.20 |
| Weighted Average Number of Shares Outstanding, Basic | 268.20M | 257.20M | 256.20M | 259.00M | 260.40M | 264.60M |
| Earnings Per Share, Diluted | $-2.35 | $3.65 | $0.57 | $1.18 | $-0.61 | $-0.20 |
| Weighted Average Number of Shares Outstanding, Diluted | 268.20M | 259.70M | 258.10M | 260.10M | 260.40M | 267.40M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 26.00M | 35.00M | 25.00M | 20.00M | 8.00M | 42.00M |
| Assets, Current | 1.81B | 1.52B | 1.17B | 1.24B | 1.35B | 1.37B |
| Assets | 22.29B | 20.39B | 19.39B | 19.73B | 19.61B | 19.25B |
| Long-term Debt | 6.40B | 5.20B | 5.21B | 5.33B | 5.54B | 5.45B |
| Liabilities, Current | 3.21B | 2.79B | 2.64B | 2.87B | 3.16B | 2.68B |
| Long-term Debt, Excluding Current Maturities | 5.52B | 4.39B | 4.39B | 4.39B | 4.39B | 4.85B |
| Liabilities | 10.74B | 9.20B | 9.15B | 9.36B | 9.53B | 8.92B |
| Stockholders' Equity Attributable to Parent | 11.56B | 11.20B | 10.23B | 10.38B | 10.08B | 10.33B |
| Common Stock, Shares, Outstanding | 282.70M | 253.30M | 253.30M | 257.00M | 261.10M | 260.40M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.06B | 954.00M | 812.00M | 1.01B | 873.00M | 1.02B |
| Payments to Acquire Property, Plant, and Equipment | 605.00M | 465.00M | 544.00M | 521.00M | 617.00M | 552.00M |
| Net Cash Provided by (Used in) Investing Activities | -1.74B | -978.00M | -453.00M | -558.00M | -895.00M | -539.00M |
| Payments for Repurchase of Common Stock | 84.00M | 0 | 160.00M | 147.00M | 0 | 0 |
| Net Cash Provided by (Used in) Financing Activities | 672.00M | 38.00M | -358.00M | -430.00M | -12.00M | -504.00M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (OVV CIK 0001792580),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.