Ovintiv (OVV) Debt to Equity (2018 - 2026)
Ovintiv (OVV) recorded quarterly Debt to Equity of $0.55 in Q1 2026, up 41.03% quarter-over-quarter from $0.39 in Q4 2025, and up 0.76% on a YoY basis from $0.55 in Q1 2025.
Ovintiv (OVV) Debt to Equity (2018 - 2026) Analysis & Trends
Ovintiv's Debt to Equity history runs 9 years deep, the most recent figure standing at $0.55 for Q1 2026.
- In Q1 2026, Debt to Equity rose 0.76% year-over-year to $0.55; the TTM figure through Mar 2026 stood at $0.55 (up 0.76% YoY), while the FY2025 annual figure was $0.39, down 18.25% from the prior year.
- Debt to Equity was $0.55 for Q1 2026 at Ovintiv, up from $0.39 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1.38 in Q1 2022 to a low of $0.39 in Q4 2025.
- Historically, Debt to Equity has averaged $0.59 across 5 years, with a median of $0.55 in 2024.
- The sharpest annual moves came in 2023 and 2024: Debt to Equity slumped 70.48% in 2023, then soared 30.95% in 2024.
- A 5-year view of Debt to Equity shows it stood at $0.46 in 2022, then increased by 19.15% to $0.55 in 2023, then declined by 13.22% to $0.48 in 2024, then decreased by 18.25% to $0.39 in 2025, then jumped by 41.03% to $0.55 in 2026.
- The last three Debt to Equity figures came in at $0.55 (Q1 2026), $0.39 (Q4 2025), and $0.51 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 0.31 |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 0.36 |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 0.26 |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 0.40 |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 0.38 |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 0.03 |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | - |
| 10 | Ovintiv | 15.16 Bn | 15.16 Bn | 2.35 Bn | 0.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.55 |
| Dec 31, 2025 | 0.39 |
| Sep 30, 2025 | 0.51 |
| Jun 30, 2025 | 0.51 |
| Mar 31, 2025 | 0.55 |
| Dec 31, 2024 | 0.48 |
| Sep 30, 2024 | 0.55 |
| Jun 30, 2024 | 0.59 |
| Mar 31, 2024 | 0.53 |
| Dec 31, 2023 | 0.55 |
| Sep 30, 2023 | 0.65 |
| Jun 30, 2023 | 0.59 |
| Mar 31, 2023 | 0.41 |
| Dec 31, 2022 | 0.46 |
| Sep 30, 2022 | 0.57 |
| Jun 30, 2022 | 0.67 |
| Mar 31, 2022 | 1.38 |
| Dec 31, 2021 | 1.08 |
| Sep 30, 2021 | 1.26 |
| Jun 30, 2021 | 1.35 |