Ovintiv (OVV) Net Margin (2018 - 2026)
Ovintiv (OVV) posted Net Margin of 21.10% for Q3 2026, up 13.94 percentage points from 7.16% a year earlier and up 5.96 percentage points from the prior quarter.
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Analysis
Ovintiv (OVV) Net Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at Ovintiv was 12.78%, up 10.14 percentage points year-over-year; for FY2025, it was 13.94%, up 1.65 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +114.11 percentage points (FY2020 to FY2025).
- In prior years, Ovintiv's Net Margin was 12.29% in FY2024 (-6.87 pp), 19.16% in FY2023 (-6.34 pp), 25.50% in FY2022 (+11.97 pp) and 13.53% in FY2021 (+113.69 pp).
- Quarterly Net Margin has run from a low of -24.45% in Q1 2026 to a high of 45.71% in Q4 2021 over five years.
- On a year-over-year basis, Net Margin increased in three of the last eight quarters, with an average year-over-year change of -2.91 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2021, with a gain of 85.89 percentage points; the weakest was Q4 2024, with a drop of 31.03 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 15.13% (Q2 2026), -24.45% (Q1 2026) and 44.06% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 682.73 Bn | 640.87 Bn | - | 13.62% |
| 2 | Chevron | 412.78 Bn | 379.83 Bn | 31.26 Bn | 14.64% |
| 3 | Shell | 290.86 Bn | 151.13 Bn | - | 588.80% |
| 4 | TotalEnergies SE | 192.45 Bn | 63.53 Bn | 31,614.00 | 12.37% |
| 5 | Eni Spa | 168.57 Bn | 108.20 Bn | - | 13.41% |
| 6 | Conocophillips | 163.59 Bn | 136.29 Bn | 12.81 Bn | 20.14% |
| 7 | Equinor Asa | 106.61 Bn | 19.46 Bn | 4.49 Bn | 8.61% |
| 8 | Canadian Natural Resources | 100.53 Bn | 94.43 Bn | 9.35 Bn | 0.01% |
| 9 | Phillips 66 | 100.43 Bn | 84.22 Bn | 10.69 Bn | 10.90% |
| 10 | Ovintiv | 16.51 Bn | 15.33 Bn | 2.40 Bn | 21.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.10% |
| Jun 30, 2026 | 15.13% |
| Mar 31, 2026 | -24.45% |
| Dec 31, 2025 | 44.06% |
| Sep 30, 2025 | 7.16% |
| Jun 30, 2025 | 13.24% |
| Mar 31, 2025 | -6.69% |
| Dec 31, 2024 | -2.74% |
| Sep 30, 2024 | 21.82% |
| Jun 30, 2024 | 14.86% |
| Mar 31, 2024 | 14.16% |
| Dec 31, 2023 | 28.29% |
| Sep 30, 2023 | 13.94% |
| Jun 30, 2023 | 13.35% |
| Mar 31, 2023 | 18.79% |
| Dec 31, 2022 | 41.73% |
| Sep 30, 2022 | 32.56% |
| Jun 30, 2022 | 33.81% |
| Mar 31, 2022 | -7.07% |
| Dec 31, 2021 | 45.71% |
API Access
Ovintiv Net Margin 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=net-margin&ticker=OVV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=OVV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();