Ovintiv (OVV) Interest Coverage Ratio (2018 - 2026)
Ovintiv (OVV) posted quarterly Interest Coverage Ratio of 9.94 for Q2 2026, up 84.79% year-over-year from 5.38 in Q2 2025, and up 237.1% quarter-over-quarter from 7.25 in Q1 2026.
Ovintiv (OVV) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Ovintiv's Interest Coverage Ratio history runs 9 years deep, the most recent figure standing at 9.94 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 84.79% year-over-year to 9.94; the TTM figure through Jun 2026 stood at 2.4 (up 1.31% YoY), while the FY2025 annual figure was 0.67, down 48.7% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 9.94, up from 7.25 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 18.48 in Q4 2022, with the low at 7.25 in Q1 2026.
- The 5-year median for Interest Coverage Ratio is 5.21 (2024), against an average of 6.16.
- The sharpest annual moves came in 2025 and 2026: Interest Coverage Ratio jumped 23008.0% in 2025, then sank 690.17% in 2026.
- Ovintiv's Interest Coverage Ratio stood at 18.48 in 2022, then plunged by 39.34% to 11.21 in 2023, then slumped by 99.83% to 0.02 in 2024, then surged by 23008.0% to 4.36 in 2025, then surged by 127.98% to 9.94 in 2026.
- Business Quant data shows OVV's Interest Coverage Ratio at 9.94 in Q2 2026, 7.25 in Q1 2026, and 4.36 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.85 Bn | 156.16 Bn | 12.81 Bn | 57.03 |
| 2 | Canadian Natural Resources | 106.59 Bn | 104.70 Bn | 10.66 Bn | 61.27 |
| 3 | Eog Resources | 80.08 Bn | 75.17 Bn | - | 52.66 |
| 4 | Diamondback Energy | 59.05 Bn | 58.58 Bn | 5.55 Bn | - |
| 5 | Woodside Energy | 46.06 Bn | 40.12 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.04 Bn | 45.03 Bn | 6.02 Bn | 16.56 |
| 7 | Occidental Petroleum | 39.50 Bn | 35.35 Bn | 7.73 Bn | 29.51 |
| 8 | Eqt | 33.73 Bn | 33.61 Bn | 1.42 Bn | 5.22 |
| 9 | Texas Pacific Land | 26.11 Bn | 25.86 Bn | - | 197.14 |
| 10 | Ovintiv | 18.61 Bn | 17.72 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 | 4.36 |
| 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 |