Ovintiv (OVV) FCF Margin (2019 - 2026)
Ovintiv (OVV) posted FCF Margin of 35.11% for Q2 2026, up 100.64% on a QoQ basis from 17.5% in Q1 2026, and up 1389.0% year-over-year from 2.36% in Q2 2025.
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Ovintiv (OVV) FCF Margin (2019 - 2026) Analysis & Trends
Ovintiv has reported FCF Margin for 8 years, with the latest figure at 35.11% in Q2 2026.
- On a quarterly basis, FCF Margin rose 1389.0% year-over-year to 35.11% in Q2 2026; TTM through Jun 2026 was 23.12%, a 465.0% increase from a year earlier, with the FY2025 full-year figure at 16.89%, up 140.0% from the prior year.
- FCF Margin was 35.11% for Q2 2026 at Ovintiv, up from 17.5% in the prior quarter.
- The five-year high for FCF Margin was 63.82% in Q4 2023, with the low at 2.47% in Q3 2023.
- Average FCF Margin over 5 years is 18.36%, with a median of 17.45% recorded in 2026.
- The sharpest annual moves came in 2023 and 2024: FCF Margin jumped 4766 bps in 2023, then slumped 4243 bps in 2024.
- Over 5 years, FCF Margin stood at 16.16% in 2022, then soared by 295 bps to 63.82% in 2023, then sank by 66 bps to 21.39% in 2024, then increased by 6 bps to 22.78% in 2025, then jumped by 54 bps to 35.11% in 2026.
- The last three FCF Margin figures came in at 35.11% (Q2 2026), 17.5% (Q1 2026), and 22.78% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 22.59% |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 62.43% |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 35.16% |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 46.62% |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 31.76% |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 11.59% |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 52.97% |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 35.11% |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 47.39% |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn | 8.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.11% |
| Mar 31, 2026 | 17.50% |
| Dec 31, 2025 | 22.78% |
| Sep 30, 2025 | 12.97% |
| Jun 30, 2025 | 21.23% |
| Mar 31, 2025 | 10.77% |
| Dec 31, 2024 | 21.39% |
| Sep 30, 2024 | 20.83% |
| Jun 30, 2024 | 17.40% |
| Mar 31, 2024 | 2.85% |
| Dec 31, 2023 | 63.82% |
| Sep 30, 2023 | 2.47% |
| Jun 30, 2023 | 7.59% |
| Mar 31, 2023 | 17.67% |
| Dec 31, 2022 | 16.16% |
| Sep 30, 2022 | 12.38% |
| Jun 30, 2022 | 20.75% |
| Mar 31, 2022 | 6.87% |
| Dec 31, 2021 | 10.54% |
| Sep 30, 2021 | 16.43% |