Ovintiv (OVV) EBITDA Margin (2018 - 2026)
Ovintiv (OVV) recorded quarterly EBITDA Margin of 29.26% in Q1 2026, down 244.08% quarter-over-quarter from 20.31% in Q4 2025, and down 2551.0% on a YoY basis from 1.19% in Q1 2025.
Ovintiv (OVV) EBITDA Margin (2018 - 2026) Analysis & Trends
Ovintiv's EBITDA Margin history runs 9 years deep, the most recent figure standing at 29.26% for Q1 2026.
- In Q1 2026, EBITDA Margin fell 2551.0% year-over-year to 29.26%; the TTM figure through Mar 2026 stood at 5.18% (down 568.0% YoY), while the FY2025 annual figure was 12.7%, down 496.0% from the prior year.
- EBITDA Margin was 29.26% for Q1 2026 at Ovintiv, down from 20.31% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 792.54% in Q2 2023 to a low of 29.26% in Q1 2026.
- Historically, EBITDA Margin has averaged 67.16% across 5 years, with a median of 22.68% in 2024.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin surged 75477 bps in 2023, then plunged 76824 bps in 2024.
- A 5-year view of EBITDA Margin shows it stood at 36.39% in 2022, then jumped by 197 bps to 108.0% in 2023, then tumbled by 100 bps to 0.09% in 2024, then surged by 22086 bps to 20.31% in 2025, then tumbled by 244 bps to 29.26% in 2026.
- The last three EBITDA Margin figures came in at 29.26% (Q1 2026), 20.31% (Q4 2025), and 13.21% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 72.10% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 45.70% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 28.62% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 71.82% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 2.74% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 24.92% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 60.26% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -30.08% |
| 10 | Ovintiv | 15.16 Bn | 15.16 Bn | 2.35 Bn | -29.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -29.26% |
| Dec 31, 2025 | 20.31% |
| Sep 30, 2025 | 13.21% |
| Jun 30, 2025 | 23.08% |
| Mar 31, 2025 | -3.75% |
| 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 | 17.63% |
| Jun 30, 2023 | 792.54% |
| 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 | -7.15% |
| Mar 31, 2021 | 8.68% |