Ovintiv (OVV) Debt Ratio (2018 - 2026)
Ovintiv's (OVV) Debt Ratio stood at 0.19 in Q2 2026, down 29.1% from 0.27 a year earlier and down 33.2% from the prior quarter.
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Analysis
Ovintiv (OVV) Debt Ratio (2018 - 2026) Analysis & Trends
For FY2025, Ovintiv's Debt Ratio came in at 0.26, down 9.9% from FY2024.
- Across earlier years, Debt Ratio came in at 0.28 in FY2024 (-1.3%), 0.29 in FY2023 (+21.1%), 0.24 in FY2022 (-30.4%) and 0.34 in FY2021 (-28.4%).
- The Q2 2026 figure is the lowest quarterly Debt Ratio in data going back to Q4 2018.
- On a year-over-year basis, Debt Ratio rose in 1 of the last eight quarters, with an average decline of 9.2%.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 25.8% in Q1 2024, against a decline of 32.3% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.29 (Q1 2026), 0.26 (Q4 2025) and 0.27 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 742.51 Bn | 698.99 Bn | - | 0.09 |
| 2 | Chevron | 445.06 Bn | 417.18 Bn | 33.45 Bn | 0.11 |
| 3 | Shell | 310.78 Bn | 240.53 Bn | 30.13 Bn | 0.19 |
| 4 | TotalEnergies SE | 197.34 Bn | 77.92 Bn | 61.77 Bn | 0.20 |
| 5 | Conocophillips | 177.35 Bn | 150.05 Bn | 12.81 Bn | 0.19 |
| 6 | Equinor Asa | 118.67 Bn | 33.12 Bn | - | 17.84 |
| 7 | Phillips 66 | 116.93 Bn | 104.72 Bn | 8.38 Bn | 0.25 |
| 8 | Canadian Natural Resources | 113.22 Bn | 110.23 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 95.47 Bn | 81.22 Bn | - | 0.10 |
| 10 | Ovintiv | 19.67 Bn | 18.64 Bn | 2.83 Bn | 0.19 |
Historic Data
Download Data
Historic 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 |
| Dec 31, 2023 | 0.29 |
| 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 |
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();