Ovintiv (OVV) Net Margin (2018 - 2026)
Ovintiv (OVV) posted quarterly Net Margin of 15.13% for Q2 2026, up 189.0% year-over-year from 5.24% in Q2 2025, and up 103.82% quarter-over-quarter from 396.23% in Q1 2026.
Ovintiv (OVV) Net Margin (2018 - 2026) Analysis & Trends
Ovintiv's Net Margin history runs 9 years deep, the most recent figure standing at 15.13% for Q2 2026.
- In Q2 2026, Net Margin rose 189.0% year-over-year to 15.13%; the TTM figure through Jun 2026 stood at 18.48% (up 1286.0% YoY), while the FY2025 annual figure was 18.94%, up 665.0% from the prior year.
- Net Margin for Q2 2026 stood at 15.13%, up from 396.23% in the prior quarter.
- The five-year high for Net Margin was 77.82% in Q4 2023, with the low at 396.23% in Q1 2026.
- The 5-year median for Net Margin is 14.51% (2024), against an average of 1.97%.
- The sharpest annual moves came in 2025 and 2026: Net Margin jumped 6753 bps in 2025, then sank 38630 bps in 2026.
- Ovintiv's Net Margin stood at 41.73% in 2022, then jumped by 86 bps to 77.82% in 2023, then sank by 104 bps to 2.74% in 2024, then jumped by 2463 bps to 64.79% in 2025, then slumped by 77 bps to 15.13% in 2026.
- Business Quant data shows OVV's Net Margin at 15.13% in Q2 2026, 396.23% in Q1 2026, and 64.79% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 20.14% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 0.01% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 31.60% |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 36.95% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 22.14% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 32.93% |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 34.80% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 15.55% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 62.56% |
| 10 | Ovintiv | 18.69 Bn | 17.80 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% |