Ovintiv (OVV) Debt Ratio (2018 - 2026)
Ovintiv (OVV) posted Debt Ratio of 0.19 for Q2 2026, down 35.09% on a QoQ basis from 0.3 in Q1 2026, and down 28.56% year-over-year from 0.27 in Q2 2025.
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Analysis
Ovintiv (OVV) Debt Ratio (2018 - 2026) Analysis & Trends
Ovintiv has reported Debt Ratio for 9 years, with the latest figure at 0.19 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 28.56% year-over-year to 0.19 in Q2 2026; TTM through Jun 2026 was 0.19, a 28.56% decrease from a year earlier, with the FY2025 full-year figure at 0.26, changed N/A from the prior year.
- Debt Ratio was 0.19 for Q2 2026 at Ovintiv, down from 0.3 in the prior quarter.
- The five-year high for Debt Ratio was 0.43 in Q1 2022, with the low at 0.19 in Q2 2026.
- Average Debt Ratio over 5 years is 0.29, with a median of 0.29 recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Debt Ratio sank 42.15% in 2023, then climbed 24.93% in 2024.
- Over 5 years, Debt Ratio stood at 0.24 in 2022, then surged by 31.31% to 0.32 in 2023, then decreased by 7.17% to 0.3 in 2024, then dropped by 13.77% to 0.26 in 2025, then fell by 24.26% to 0.19 in 2026.
- The last three Debt Ratio figures came in at 0.19 (Q2 2026), 0.3 (Q1 2026), and 0.26 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn | 0.19 |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - | 0.14 |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn | 0.18 |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn | 0.20 |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn | 0.13 |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - | 0.16 |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn | 0.19 |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn | 0.21 |
| 10 | Antero Resources | 10.48 Bn | 9.91 Bn | 1.56 Bn | 0.17 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.19 |
| Mar 31, 2026 | 0.30 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.27 |
| Mar 31, 2025 | 0.28 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.31 |
| Mar 31, 2024 | 0.31 |
| Sep 30, 2023 | 0.32 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | 0.43 |
| Dec 31, 2021 | 0.39 |
| Sep 30, 2021 | 0.46 |
| Jun 30, 2021 | 0.45 |
| Mar 31, 2021 | 0.47 |
API Access
Ovintiv Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=OVV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "OVV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=OVV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();