Ovintiv (OVV) Debt Ratio (2018 - 2026)
Ovintiv (OVV) posted quarterly Debt Ratio of 0.19 for Q2 2026, down 29.08% year-on-year from 0.27 in Q2 2025, and down 33.22% on a QoQ basis from 0.29 in Q1 2026.
Ovintiv (OVV) Debt Ratio (2018 - 2026) Analysis & Trends
Ovintiv (OVV) has reported Debt Ratio for 9 consecutive years, with 0.19 the latest figure, recorded in Q2 2026.
- Quarterly Debt Ratio fell 29.08% year-over-year to 0.19 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.19 (down 29.08% YoY) and the FY2025 annual result came in at 0.26, down 9.92% from the prior year.
- Debt Ratio declined to 0.19 in Q2 2026 per OVV's latest filing, from 0.29 in the prior quarter.
- Over the last five years, Debt Ratio for OVV reached as high as 0.32 in Q1 2022 and fell as low as 0.19 in Q2 2026.
- A 5-year average of 0.28 and a median of 0.28 in 2025 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2022 — Debt Ratio tumbled 32.26% — and 2024, when it climbed 25.82%.
- Year by year, Debt Ratio stood at 0.24 in 2022, then surged by 30.61% to 0.31 in 2023, then declined by 8.55% to 0.28 in 2024, then dropped by 9.92% to 0.26 in 2025, then declined by 24.88% to 0.19 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.19, 0.29, and 0.26 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 0.19 |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 0.15 |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 0.20 |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 0.19 |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 0.14 |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 0.26 |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 0.20 |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 0.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |