Ovintiv (OVV) Net Margin (2018 - 2026)
Ovintiv (OVV) posted quarterly Net Margin of 15.13% for Q2 2026, up 189.0% year-on-year from 5.24% in Q2 2025, and up 103.82% on a QoQ basis from 396.23% in Q1 2026.
Ovintiv (OVV) Net Margin (2018 - 2026) Analysis & Trends
Ovintiv (OVV) has reported Net Margin for 9 consecutive years, with 15.13% the latest figure, recorded in Q2 2026.
- Quarterly Net Margin rose 189.0% year-over-year to 15.13% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 18.48% (up 1286.0% YoY) and the FY2025 annual result came in at 18.94%, up 665.0% from the prior year.
- Net Margin climbed to 15.13% in Q2 2026 per OVV's latest filing, from 396.23% in the prior quarter.
- Over the last five years, Net Margin for OVV reached as high as 77.82% in Q4 2023 and fell as low as 396.23% in Q1 2026.
- A 5-year average of 1.97% and a median of 14.51% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2025 — Net Margin soared 6753 bps — and 2026, when it sank 38630 bps.
- Year by year, Net Margin stood at 41.73% in 2022, then jumped by 86 bps to 77.82% in 2023, then slumped by 104 bps to 2.74% in 2024, then jumped by 2463 bps to 64.79% in 2025, then tumbled by 77 bps to 15.13% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 15.13%, 396.23%, and 64.79% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 13.85% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 28.61% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 3.40% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 26.39% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 60.71% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 15.55% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 60.34% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 4.79% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 26.36% |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 15.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.13% |
| Mar 31, 2026 | -396.23% |
| Dec 31, 2025 | 64.79% |
| Sep 30, 2025 | 7.16% |
| Jun 30, 2025 | 13.24% |
| Mar 31, 2025 | -9.93% |
| Dec 31, 2024 | -2.74% |
| Sep 30, 2024 | 21.82% |
| Jun 30, 2024 | 14.86% |
| Mar 31, 2024 | 14.16% |
| Dec 31, 2023 | 77.82% |
| Sep 30, 2023 | 11.26% |
| 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% |
| Sep 30, 2021 | -2.65% |