Ovintiv (OVV) Net Margin (2018 - 2026)
Ovintiv (OVV) posted Net Margin of 15.13% for Q2 2026, up 1.89 percentage points from 13.24% a year earlier and up 39.58 percentage points from the prior quarter.
Ovintiv (OVV) Net Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Ovintiv was 9.38%, up 2.92 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 -3.67 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q3 2021, with a gain of 112.06 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 -24.45% (Q1 2026), 44.06% (Q4 2025) and 7.16% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 11.43% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 17.23% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 8.80% |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 13.62% |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 20.14% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 9.17% |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 7.39% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 30.55% |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 21.33% |
| 10 | Ovintiv | 16.47 Bn | 15.43 Bn | 2.83 Bn | 15.13% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | -2.65% |
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_KEY
import 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();