Ovintiv (OVV) EBITDA Margin (2019 - 2026)
Ovintiv's EBITDA Margin was 50.22% in Q2 2026, up 4.18 percentage points from 46.03% a year earlier and up 57.71 percentage points from the prior quarter.
Ovintiv (OVV) EBITDA Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ovintiv's EBITDA Margin was 31.69% through Jun 30, 2026, down 3.02 percentage points year-over-year; for FY2025, it came in at 37.16%, down 5.12 percentage points from FY2024.
- EBITDA Margin shows a five-year change of +95.69 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 42.27% in FY2024 (-0.81 pp), 43.09% in FY2023 (+8.27 pp), 34.82% in FY2022 (+8.94 pp) and 25.88% in FY2021 (+84.41 pp).
- The Q2 2026 figure marks the highest quarterly EBITDA Margin since Q4 2023.
- Compared with a year earlier, EBITDA Margin was higher in three of the last eight quarters, with an average year-over-year change of -7.12 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q3 2021 (a gain of 93.88 percentage points); the worst was Q4 2024 (a drop of 32.63 percentage points).
- Per Business Quant data, OVV's EBITDA Margin in the three quarters before Q2 2026 was -7.49% (Q1 2026), 45.13% (Q4 2025) and 39.59% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 35.00% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | -19.76% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 12.70% |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 68.45% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 29.57% |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | -73.22% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 54.46% |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 40.25% |
| 10 | Ovintiv | 15.99 Bn | 14.96 Bn | 2.83 Bn | 50.22% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.22% |
| Mar 31, 2026 | -7.49% |
| Dec 31, 2025 | 45.13% |
| Sep 30, 2025 | 39.59% |
| Jun 30, 2025 | 46.03% |
| Mar 31, 2025 | 19.18% |
| Dec 31, 2024 | 25.00% |
| Sep 30, 2024 | 48.45% |
| Jun 30, 2024 | 49.65% |
| Mar 31, 2024 | 44.41% |
| Dec 31, 2023 | 57.63% |
| Sep 30, 2023 | 32.72% |
| Jun 30, 2023 | 37.74% |
| Mar 31, 2023 | 40.20% |
| Dec 31, 2022 | 45.14% |
| Sep 30, 2022 | 45.68% |
| Jun 30, 2022 | 44.69% |
| Mar 31, 2022 | 1.88% |
| Dec 31, 2021 | 56.77% |
| Sep 30, 2021 | 10.92% |
Ovintiv EBITDA Margin 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=ebitda-margin&ticker=OVV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=OVV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();