Ovintiv (OVV) Non-Current Deferred Tax Liability (2018 - 2026)

Ovintiv (OVV) posted quarterly Non-Current Deferred Tax Liability of $117.0 million for Q2 2026, down 67.41% year-on-year from $359.0 million in Q2 2025, and down 35.71% on a QoQ basis from $182.0 million in Q1 2026.

Ovintiv (OVV) Non-Current Deferred Tax Liability (2018 - 2026) Analysis & Trends

Ovintiv (OVV) has reported Non-Current Deferred Tax Liability for 9 consecutive years, with $117.0 million the latest figure, recorded in Q2 2026.

  • Quarterly Non-Current Deferred Tax Liability fell 67.41% year-over-year to $117.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $117.0 million (down 67.41% YoY) and the FY2025 annual result came in at $402.0 million, up 99.01% from the prior year.
  • Non-Current Deferred Tax Liability slipped to $117.0 million in Q2 2026 per OVV's latest filing, from $182.0 million in the prior quarter.
  • Over the last five years, Non-Current Deferred Tax Liability for OVV reached as high as $432.0 million in Q3 2025 and fell as low as $9.0 million in Q1 2022.
  • A 5-year average of $198.7 million and a median of $184.0 million in 2022 frame the typical range for Non-Current Deferred Tax Liability.
  • Annual changes were most pronounced in 2022 — Non-Current Deferred Tax Liability surged 4500.0% — and 2026, when it sank 67.41%.
  • Year by year, Non-Current Deferred Tax Liability stood at $184.0 million in 2022, then slumped by 40.22% to $110.0 million in 2023, then surged by 83.64% to $202.0 million in 2024, then surged by 99.01% to $402.0 million in 2025, then tumbled by 70.9% to $117.0 million in 2026.
  • According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $117.0 million, $182.0 million, and $402.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn
2 Eog Resources 74.61 Bn 70.76 Bn -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn
7 Texas Pacific Land 27.36 Bn 27.11 Bn -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 117.00 Mn
Jun 30, 2026 117.00 Mn
Mar 31, 2026 182.00 Mn
Mar 31, 2026 182.00 Mn
Dec 31, 2025 402.00 Mn
Dec 31, 2025 402.00 Mn
Sep 30, 2025 432.00 Mn
Sep 30, 2025 432.00 Mn
Jun 30, 2025 359.00 Mn
Jun 30, 2025 359.00 Mn
Mar 31, 2025 298.00 Mn
Mar 31, 2025 298.00 Mn
Dec 31, 2024 202.00 Mn
Dec 31, 2024 202.00 Mn
Sep 30, 2024 239.00 Mn
Sep 30, 2024 239.00 Mn
Jun 30, 2024 216.00 Mn
Jun 30, 2024 216.00 Mn
Mar 31, 2024 113.00 Mn
Mar 31, 2024 113.00 Mn