Ovintiv (OVV) Debt Ratio (2018 - 2026)

Ovintiv (OVV) recorded quarterly Debt Ratio of 0.29 in Q1 2026, up 33.17% quarter-over-quarter from 0.22 in Q4 2025, and up 1.64% on a YoY basis from 0.28 in Q1 2025.

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

Ovintiv's Debt Ratio history runs 9 years deep, the most recent figure standing at 0.29 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 1.64% year-over-year to 0.29; the TTM figure through Mar 2026 stood at 0.29 (up 1.64% YoY), while the FY2025 annual figure was 0.22, down 16.35% from the prior year.
  • Debt Ratio was 0.29 for Q1 2026 at Ovintiv, up from 0.22 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.43 in Q1 2022 to a low of 0.21 in Q1 2023.
  • Historically, Debt Ratio has averaged 0.28 across 5 years, with a median of 0.28 in 2024.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio tumbled 50.98% in 2023, then increased 29.79% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.24 in 2022, then advanced by 21.05% to 0.29 in 2023, then declined by 10.25% to 0.26 in 2024, then slipped by 16.35% to 0.22 in 2025, then surged by 33.17% to 0.29 in 2026.
  • The last three Debt Ratio figures came in at 0.29 (Q1 2026), 0.22 (Q4 2025), and 0.27 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 0.17
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.19
4 Eog Resources 72.93 Bn 69.08 Bn - 0.15
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.19
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.20
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 0.34
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.02
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 44.08
10 Ovintiv 15.16 Bn 15.16 Bn 2.35 Bn 0.29

Historic Data

Download Data
DateValue
Mar 31, 2026 0.29
Dec 31, 2025 0.22
Sep 30, 2025 0.27
Jun 30, 2025 0.27
Mar 31, 2025 0.28
Dec 31, 2024 0.26
Sep 30, 2024 0.30
Jun 30, 2024 0.31
Mar 31, 2024 0.28
Dec 31, 2023 0.29
Sep 30, 2023 0.31
Jun 30, 2023 0.28
Mar 31, 2023 0.21
Dec 31, 2022 0.24
Sep 30, 2022 0.26
Jun 30, 2022 0.26
Mar 31, 2022 0.43
Dec 31, 2021 0.39
Sep 30, 2021 0.35
Jun 30, 2021 0.39