Ovintiv (OVV) Interest Coverage Ratio (2019 - 2026)
Ovintiv's Interest Coverage Ratio came in at 11.69 for Q3 2026, up 289.8% from 3.00 a year earlier and up 17.6% from the prior quarter.
Ovintiv (OVV) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Ovintiv reported Interest Coverage Ratio of 4.17, up 133.0% 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 Q3 2026 figure represents the highest quarterly Interest Coverage Ratio since Q4 2022.
- Year-over-year, Interest Coverage Ratio increased in three of the last five quarters, with growth averaging 47.0%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q3 2026 (growth of 289.8%), and the weakest in Q4 2024 (a decline of 99.8%).
- Business Quant data shows OVV's Interest Coverage Ratio at 9.94 (Q2 2026), -7.25 (Q1 2026) and 4.69 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 682.73 Bn | 640.87 Bn | - | 117.04 |
| 2 | Chevron | 412.78 Bn | 379.83 Bn | 31.26 Bn | 45.82 |
| 3 | Shell | 290.86 Bn | 151.13 Bn | - | - |
| 4 | TotalEnergies SE | 192.45 Bn | 63.53 Bn | 31,614.00 | -9.21 Mn |
| 5 | Eni Spa | 168.57 Bn | 108.20 Bn | - | 1.05 |
| 6 | Conocophillips | 163.59 Bn | 136.29 Bn | 12.81 Bn | 57.03 |
| 7 | Equinor Asa | 106.61 Bn | 19.46 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 100.53 Bn | 94.43 Bn | 9.35 Bn | 55.75 |
| 9 | Phillips 66 | 100.43 Bn | 84.22 Bn | 10.69 Bn | 30.25 |
| 10 | Ovintiv | 16.51 Bn | 15.33 Bn | 2.40 Bn | 11.69 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.69 |
| 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 |
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();