Ovintiv (OVV) EBIT Margin (2018 - 2026)
Ovintiv (OVV) posted quarterly EBIT Margin of 32.99% for Q2 2026, up 1095.0% year-on-year from 2.76% in Q2 2025, and up 106.96% on a QoQ basis from 474.21% in Q1 2026.
Ovintiv (OVV) EBIT Margin (2018 - 2026) Analysis & Trends
Ovintiv (OVV) has reported EBIT Margin for 9 consecutive years, with 32.99% the latest figure, recorded in Q2 2026.
- Quarterly EBIT Margin rose 1095.0% year-over-year to 32.99% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 12.85% (up 252.0% YoY) and the FY2025 annual result came in at 12.7%, down 456.0% from the prior year.
- EBIT Margin advanced to 32.99% in Q2 2026 per OVV's latest filing, from 474.21% in the prior quarter.
- Over the last five years, EBIT Margin for OVV reached as high as 108.0% in Q4 2023 and fell as low as 474.21% in Q1 2026.
- A 5-year average of 2.47% and a median of 21.57% in 2023 frame the typical range for EBIT Margin.
- Annual changes were most pronounced in 2023 — EBIT Margin soared 7161 bps — and 2026, when it tumbled 47047 bps.
- Year by year, EBIT Margin stood at 36.39% in 2022, then soared by 197 bps to 108.0% in 2023, then plunged by 100 bps to 0.09% in 2024, then jumped by 22116 bps to 20.31% in 2025, then jumped by 62 bps to 32.99% in 2026.
- According to Business Quant data, EBIT Margin over the past three periods registered 32.99%, 474.21%, and 20.31% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 45.70% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 37.54% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 2.74% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 89.26% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 0.36% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 21.77% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 76.99% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.68% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 34.82% |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 32.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.99% |
| Mar 31, 2026 | -474.21% |
| Dec 31, 2025 | 20.31% |
| Sep 30, 2025 | 13.21% |
| Jun 30, 2025 | 22.04% |
| Mar 31, 2025 | -3.74% |
| Dec 31, 2024 | 0.09% |
| Sep 30, 2024 | 22.68% |
| Jun 30, 2024 | 24.30% |
| Mar 31, 2024 | 20.70% |
| Dec 31, 2023 | 108.00% |
| Sep 30, 2023 | 16.03% |
| Jun 30, 2023 | 21.10% |
| Mar 31, 2023 | 26.16% |
| Dec 31, 2022 | 36.39% |
| Sep 30, 2022 | 37.69% |
| Jun 30, 2022 | 37.77% |
| Mar 31, 2022 | -5.87% |
| Dec 31, 2021 | 47.72% |
| Jun 30, 2021 | -4.89% |