Ovintiv (OVV) Gross Profit (2019 - 2026)
Ovintiv (OVV) recorded quarterly Gross Profit of $2.4 billion in Q1 2026, up 21.82% quarter-over-quarter from $1.9 billion in Q4 2025, and up 8.29% on a YoY basis from $2.2 billion in Q1 2025.
Ovintiv (OVV) Gross Profit (2019 - 2026) Analysis & Trends
Ovintiv's Gross Profit history runs 8 years deep, the most recent figure standing at $2.4 billion for Q1 2026.
- In Q1 2026, Gross Profit rose 8.29% year-over-year to $2.4 billion; the TTM figure through Mar 2026 stood at $8.1 billion (down 1.92% YoY), while the FY2025 annual figure was $8.0 billion, changed 0.42% from the prior year.
- Gross Profit was $2.4 billion for Q1 2026 at Ovintiv, up from $1.9 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $3.8 billion in Q2 2022 to a low of $52.0 million in Q2 2023.
- Historically, Gross Profit has averaged $2.2 billion across 5 years, with a median of $2.1 billion in 2024.
- The sharpest annual moves came in 2023 and 2024: Gross Profit sank 98.64% in 2023, then surged 3844.23% in 2024.
- A 5-year view of Gross Profit shows it stood at $3.0 billion in 2022, then sank by 70.13% to $894.0 million in 2023, then soared by 120.25% to $2.0 billion in 2024, then slipped by 2.03% to $1.9 billion in 2025, then advanced by 21.82% to $2.4 billion in 2026.
- The last three Gross Profit figures came in at $2.4 billion (Q1 2026), $1.9 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn |
| 10 | Ovintiv | 15.16 Bn | 15.16 Bn | 2.35 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.35 Bn |
| Mar 31, 2026 | 2.35 Bn |
| Dec 31, 2025 | 1.93 Bn |
| Dec 31, 2025 | 1.93 Bn |
| Sep 30, 2025 | 1.85 Bn |
| Sep 30, 2025 | 1.85 Bn |
| Jun 30, 2025 | 2.00 Bn |
| Jun 30, 2025 | 2.00 Bn |
| Mar 31, 2025 | 2.17 Bn |
| Mar 31, 2025 | 2.17 Bn |
| Dec 31, 2024 | 1.97 Bn |
| Dec 31, 2024 | 1.97 Bn |
| Sep 30, 2024 | 2.09 Bn |
| Sep 30, 2024 | 2.09 Bn |
| Jun 30, 2024 | 2.05 Bn |
| Jun 30, 2024 | 2.05 Bn |
| Mar 31, 2024 | 2.14 Bn |
| Mar 31, 2024 | 2.14 Bn |
| Dec 31, 2023 | 894.00 Mn |
| Dec 31, 2023 | 894.00 Mn |