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| 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 |