Ovintiv (OVV) EBT Margin (2018 - 2026)
Ovintiv (OVV) posted EBT Margin of 17.89% for Q2 2026, up 155.74% on a QoQ basis from 32.09% in Q1 2026, and up 68.0% year-over-year from 10.65% in Q2 2025.
Analysis
Ovintiv (OVV) EBT Margin (2018 - 2026) Analysis & Trends
Ovintiv has reported EBT Margin for 9 years, with the latest figure at 17.89% in Q2 2026.
- On a quarterly basis, EBT Margin rose 68.0% year-over-year to 17.89% in Q2 2026; TTM through Jun 2026 was 7.35%, a 15.0% increase from a year earlier, with the FY2025 full-year figure at 13.64%, down 112.0% from the prior year.
- EBT Margin was 17.89% for Q2 2026 at Ovintiv, up from 32.09% in the prior quarter.
- The five-year high for EBT Margin was 97.0% in Q4 2023, with the low at 32.09% in Q1 2026.
- Average EBT Margin over 5 years is 19.41%, with a median of 17.91% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: EBT Margin soared 6230 bps in 2023, then tumbled 10162 bps in 2024.
- Over 5 years, EBT Margin stood at 34.7% in 2022, then jumped by 180 bps to 97.0% in 2023, then slumped by 105 bps to 4.62% in 2024, then jumped by 924 bps to 38.05% in 2025, then tumbled by 53 bps to 17.89% in 2026.
- The last three EBT Margin figures came in at 17.89% (Q2 2026), 32.09% (Q1 2026), and 38.05% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 31.15% |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 39.94% |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 40.59% |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 47.38% |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 28.52% |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 22.70% |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 54.67% |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 17.89% |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 53.23% |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn | 23.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.89% |
| Mar 31, 2026 | -32.09% |
| Dec 31, 2025 | 38.05% |
| Sep 30, 2025 | 9.29% |
| Jun 30, 2025 | 17.21% |
| Mar 31, 2025 | -8.12% |
| Dec 31, 2024 | -4.62% |
| Sep 30, 2024 | 24.01% |
| Jun 30, 2024 | 20.37% |
| Mar 31, 2024 | 17.93% |
| Dec 31, 2023 | 97.00% |
| Sep 30, 2023 | 13.49% |
| Jun 30, 2023 | 17.36% |
| Mar 31, 2023 | 23.65% |
| Dec 31, 2022 | 34.70% |
| Sep 30, 2022 | 34.97% |
| Jun 30, 2022 | 35.43% |
| Mar 31, 2022 | -7.22% |
| Dec 31, 2021 | 45.64% |
| Sep 30, 2021 | -2.61% |