Ovintiv (OVV) Interest Coverage Ratio (2019 - 2026)
Ovintiv's Interest Coverage Ratio came in at 9.94 for Q2 2026, up 84.8% from 5.38 a year earlier.
Ovintiv (OVV) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ovintiv reported Interest Coverage Ratio of 2.45, up 3.1% year-over-year; for FY2025, it was 3.01, down 21.5% from FY2024.
- Interest Coverage Ratio has declined in each of the last three years.
- Going back by year, Interest Coverage Ratio was 3.83 in FY2024 (-52.5%), 8.07 in FY2023 (-34.9%), 12.39 in FY2022 (+177.3%) and 4.47 in FY2021.
- The Q2 2026 figure represents the highest quarterly Interest Coverage Ratio since Q4 2023.
- Year-over-year, Interest Coverage Ratio increased in three of the last five quarters, with an average decline of 8.0%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q2 2026 (growth of 84.8%), and the weakest in Q4 2024 (a decline of 99.8%).
- Business Quant data shows OVV's Interest Coverage Ratio at -7.25 (Q1 2026), 4.69 (Q4 2025) and 3.00 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 86.57 |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 33.72 |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | -56.60 |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | 3.32 |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 57.03 |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | -123.23 |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | 25.74 |
| 10 | Ovintiv | 16.69 Bn | 15.66 Bn | 2.83 Bn | 9.94 |
Historic 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 |
Ovintiv Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=OVV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "OVV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=OVV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();