Ovintiv (OVV) Gross Margin (2019 - 2026)

Ovintiv has reported Gross Margin for 8 years, with the latest figure at 93.93% in Q2 2026.

• On a quarterly basis, Gross Margin rose 337.0% year-over-year to 93.93% in Q2 2026; TTM through Jun 2026 was 91.35%, a 85.0% increase from a year earlier, with the FY2025 full-year figure at 90.32%, up 50.0% from the prior year.
• Gross Margin was 93.93% for Q2 2026 at Ovintiv, up from 91.19% in the prior quarter.
• The five-year high for Gross Margin was 95.52% in Q2 2022, with the low at 81.27% in Q4 2023.
• Average Gross Margin over 5 years is 91.17%, with a median of 91.28% recorded in 2025.
• The sharpest annual moves came in 2023 and 2024: Gross Margin plunged 1229 bps in 2023, then surged 886 bps in 2024.
• Over 5 years, Gross Margin stood at 93.56% in 2022, then fell by 13 bps to 81.27% in 2023, then increased by 11 bps to 90.13% in 2024, then slipped by 0 bps to 89.85% in 2025, then climbed by 5 bps to 93.93% in 2026.
• The last three Gross Margin figures came in at 93.93% (Q2 2026), 91.19% (Q1 2026), and 89.85% (Q4 2025), per Business Quant data.