Ovintiv (OVV) FCF Margin (2019 - 2026)
Ovintiv (OVV) recorded quarterly FCF Margin of 17.5% in Q1 2026, down 23.16% quarter-over-quarter from 22.78% in Q4 2025, and up 672.0% on a YoY basis from 2.27% in Q1 2025.
Ovintiv (OVV) FCF Margin (2019 - 2026) Analysis & Trends
Ovintiv's FCF Margin history runs 8 years deep, the most recent figure standing at 17.5% for Q1 2026.
- In Q1 2026, FCF Margin rose 672.0% year-over-year to 17.5%; the TTM figure through Mar 2026 stood at 18.88% (up 137.0% YoY), while the FY2025 annual figure was 16.89%, up 104.0% from the prior year.
- FCF Margin was 17.5% for Q1 2026 at Ovintiv, down from 22.78% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 285.07% in Q2 2023 to a low of 2.72% in Q3 2023.
- Historically, FCF Margin has averaged 33.78% across 5 years, with a median of 17.5% in 2026.
- The sharpest annual moves came in 2023 and 2024: FCF Margin surged 26432 bps in 2023, then slumped 26768 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 16.16% in 2022, then surged by 295 bps to 63.82% in 2023, then sank by 66 bps to 21.42% in 2024, then increased by 6 bps to 22.78% in 2025, then dropped by 23 bps to 17.5% in 2026.
- The last three FCF Margin figures came in at 17.5% (Q1 2026), 22.78% (Q4 2025), and 12.97% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 19.35% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 8.55% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 40.64% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 24.02% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 21.11% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 9.90% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 72.71% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -26,217.00% |
| 10 | Ovintiv | 15.16 Bn | 15.16 Bn | 2.35 Bn | 17.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.50% |
| Dec 31, 2025 | 22.78% |
| Sep 30, 2025 | 12.97% |
| Jun 30, 2025 | 22.22% |
| Mar 31, 2025 | 10.78% |
| Dec 31, 2024 | 21.42% |
| Sep 30, 2024 | 20.83% |
| Jun 30, 2024 | 17.40% |
| Mar 31, 2024 | 2.85% |
| Dec 31, 2023 | 63.82% |
| Sep 30, 2023 | 2.72% |
| Jun 30, 2023 | 285.07% |
| 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% |
| Jun 30, 2021 | 21.69% |