Ovintiv OVV
NYSE OVV
$66.82 +0.12 (+0.18%)
At close: Aug 21, 2026 · 4:00 PM EDT

Ovintiv (OVV) Debt Ratio (2018 - 2026)

Ovintiv (OVV) posted quarterly Debt Ratio of 0.19 for Q2 2026, down 29.08% year-over-year from 0.27 in Q2 2025, and down 33.22% quarter-over-quarter from 0.29 in Q1 2026.

Ovintiv (OVV) Debt Ratio (2018 - 2026) Analysis & Trends

Ovintiv's Debt Ratio history runs 9 years deep, the most recent figure standing at 0.19 for Q2 2026.

  • In Q2 2026, Debt Ratio fell 29.08% year-over-year to 0.19; the TTM figure through Jun 2026 stood at 0.19 (down 29.08% YoY), while the FY2025 annual figure was 0.26, down 9.92% from the prior year.
  • Debt Ratio for Q2 2026 stood at 0.19, down from 0.29 in the prior quarter.
  • The five-year high for Debt Ratio was 0.32 in Q1 2022, with the low at 0.19 in Q2 2026.
  • The 5-year median for Debt Ratio is 0.28 (2025), against an average of 0.28.
  • The sharpest annual moves came in 2022 and 2024: Debt Ratio tumbled 32.26% in 2022, then gained 25.82% in 2024.
  • Ovintiv's Debt Ratio stood at 0.24 in 2022, then surged by 30.61% to 0.31 in 2023, then decreased by 8.55% to 0.28 in 2024, then retreated by 9.92% to 0.26 in 2025, then decreased by 24.88% to 0.19 in 2026.
  • Business Quant data shows OVV's Debt Ratio at 0.19 in Q2 2026, 0.29 in Q1 2026, and 0.26 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Conocophillips 164.44 Bn 156.75 Bn 12.81 Bn 0.19
2 Canadian Natural Resources 106.98 Bn 105.09 Bn 10.66 Bn -
3 Eog Resources 80.47 Bn 75.56 Bn - 0.14
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 Bn 0.18
5 Woodside Energy 46.13 Bn 40.18 Bn 6.02 Bn -
6 Devon Energy 46.12 Bn 45.11 Bn 6.02 Bn 0.18
7 Occidental Petroleum 39.25 Bn 35.10 Bn 7.73 Bn 0.17
8 Eqt 33.67 Bn 33.56 Bn 1.42 Bn 0.14
9 Texas Pacific Land 26.50 Bn 26.25 Bn - -
10 Ovintiv 18.76 Bn 17.88 Bn 2.83 Bn 21.86

Historic Data

Download Data
DateValue
Jun 30, 2026 0.19
Mar 31, 2026 0.29
Dec 31, 2025 0.26
Sep 30, 2025 0.27
Jun 30, 2025 0.27
Mar 31, 2025 0.28
Dec 31, 2024 0.28
Sep 30, 2024 0.30
Jun 30, 2024 0.31
Mar 31, 2024 0.31
Sep 30, 2023 0.31
Jun 30, 2023 0.31
Mar 31, 2023 0.25
Dec 31, 2022 0.24
Sep 30, 2022 0.25
Jun 30, 2022 0.26
Mar 31, 2022 0.32
Dec 31, 2021 0.34
Sep 30, 2021 0.35
Jun 30, 2021 0.39