KPIs & Operating Metrics(New)
Growth Metrics

Ovintiv (OVV) Gross Margin (2019 - 2026)

Ovintiv has reported Gross Margin over the past 8 years, most recently at 91.19% for Q1 2026.

  • For Q1 2026, Gross Margin fell 18.0% year-over-year to 91.19%; the TTM value through Mar 2026 reached 90.18%, down 8.0%, while the annual FY2025 figure was 90.32%, 73.0% up from the prior year.
  • Gross Margin for Q1 2026 was 91.19% at Ovintiv, up from 89.85% in the prior quarter.
  • Over five years, Gross Margin peaked at 95.52% in Q2 2022 and troughed at 77.61% in Q2 2023.
  • A 5-year average of 90.02% and a median of 90.11% in 2024 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: crashed -1790bps in 2023 and later skyrocketed 1203bps in 2024.
  • Year by year, Gross Margin stood at 93.56% in 2022, then dropped by -13bps to 81.27% in 2023, then rose by 11bps to 90.11% in 2024, then fell by 0bps to 89.85% in 2025, then increased by 1bps to 91.19% in 2026.
  • Business Quant data shows Gross Margin for OVV at 91.19% in Q1 2026, 89.85% in Q4 2025, and 89.35% in Q3 2025.