Ovintiv (OVV) Interest Coverage Ratio (2018 - 2026)
Ovintiv (OVV) posted quarterly Interest Coverage Ratio of 9.94 for Q2 2026, up 84.79% year-on-year from 5.38 in Q2 2025, and up 237.1% on a QoQ basis from 7.25 in Q1 2026.
Ovintiv (OVV) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Ovintiv (OVV) has reported Interest Coverage Ratio for 9 consecutive years, with 9.94 the latest figure, recorded in Q2 2026.
- Quarterly Interest Coverage Ratio rose 84.79% year-over-year to 9.94 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 2.45 (up 3.13% YoY) and the FY2025 annual result came in at 0.67, down 48.7% from the prior year.
- Interest Coverage Ratio improved to 9.94 in Q2 2026 per OVV's latest filing, from 7.25 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for OVV reached as high as 18.48 in Q4 2022 and fell as low as 7.25 in Q1 2026.
- A 5-year average of 6.17 and a median of 5.21 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2025 — Interest Coverage Ratio soared 24747.31% — and 2026, when it sank 690.17%.
- Year by year, Interest Coverage Ratio stood at 18.48 in 2022, then sank by 39.34% to 11.21 in 2023, then tumbled by 99.83% to 0.02 in 2024, then surged by 24747.31% to 4.69 in 2025, then surged by 112.02% to 9.94 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 9.94, 7.25, and 4.69 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 24.33 |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 31.68 |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 1.22 |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 0.04 |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 5.22 |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 77.85 |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 1.09 |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 15.31 |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 9.94 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.94 |
| Mar 31, 2026 | -7.25 |
| Dec 31, 2025 | 4.69 |
| Sep 30, 2025 | 3.00 |
| Jun 30, 2025 | 5.38 |
| Mar 31, 2025 | -0.92 |
| Dec 31, 2024 | 0.02 |
| Sep 30, 2024 | 5.12 |
| Jun 30, 2024 | 5.30 |
| Mar 31, 2024 | 5.04 |
| Dec 31, 2023 | 11.21 |
| Sep 30, 2023 | 4.45 |
| Jun 30, 2023 | 6.64 |
| Mar 31, 2023 | 9.55 |
| Dec 31, 2022 | 18.48 |
| Sep 30, 2022 | 16.54 |
| Jun 30, 2022 | 16.66 |
| Mar 31, 2022 | -2.70 |
| Dec 31, 2021 | 18.77 |
| Jun 30, 2021 | -1.22 |