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
DateValue
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%