Ovintiv (OVV) FCF Margin (2019 - 2026)
Ovintiv's FCF Margin was 19.49% in Q3 2026, up 6.51 percentage points from 12.97% a year earlier but down 15.63 percentage points from the prior quarter.
Ovintiv (OVV) FCF Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ovintiv's FCF Margin was 24.23% through Sep 30, 2026, up 7.65 percentage points year-over-year; for FY2025, it was 16.89%, up 1.40 percentage points from FY2024.
- FCF Margin shows a five-year change of +14.28 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 15.49% in FY2024 (+2.42 pp), 13.08% in FY2023 (-1.19 pp), 14.27% in FY2022 (-1.11 pp) and 15.38% in FY2021 (+12.77 pp).
- Quarterly FCF Margin has moved between 2.47% (Q3 2023) and 35.11% (Q2 2026) over five years.
- Compared with a year earlier, FCF Margin has increased for four straight quarters, with an average year-over-year change of +3.83 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was Q3 2024 (a gain of 18.35 percentage points); the worst was Q1 2024 (a drop of 14.82 percentage points).
- Per Business Quant data, OVV's FCF Margin in the three quarters before Q3 2026 was 35.11% (Q2 2026), 17.50% (Q1 2026) and 22.78% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 682.73 Bn | 640.87 Bn | - | 16.32% |
| 2 | Chevron | 412.78 Bn | 379.83 Bn | 31.26 Bn | 17.70% |
| 3 | Shell | 290.86 Bn | 151.13 Bn | - | 1,144.26% |
| 4 | TotalEnergies SE | 192.45 Bn | 63.53 Bn | 31,614.00 | 29,690,656.85% |
| 5 | Eni Spa | 168.57 Bn | 108.20 Bn | - | 16.74% |
| 6 | Conocophillips | 163.59 Bn | 136.29 Bn | 12.81 Bn | 22.59% |
| 7 | Equinor Asa | 106.61 Bn | 19.46 Bn | 4.49 Bn | 31.39% |
| 8 | Canadian Natural Resources | 100.53 Bn | 94.43 Bn | 9.35 Bn | 56.76% |
| 9 | Phillips 66 | 100.43 Bn | 84.22 Bn | 10.69 Bn | 12.82% |
| 10 | Ovintiv | 16.51 Bn | 15.33 Bn | 2.40 Bn | 19.49% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.49% |
| 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 | 23.20% |
| 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% |
Ovintiv FCF 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=fcf-margin&ticker=OVV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=OVV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();