Ovintiv (OVV) Tax Rate (2018 - 2026)
Ovintiv's Tax Rate came in at 15.40% for Q2 2026, down 7.66 percentage points from 23.06% a year earlier and down 8.42 percentage points from the prior quarter.
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Analysis
Ovintiv (OVV) Tax Rate (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ovintiv reported Tax Rate of -233.33%, down 243.59 percentage points year-over-year; for FY2025, it came in at -61.30%, down 78.03 percentage points from FY2024.
- Tax Rate carries a five-year change of -54.89 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 16.73% in FY2024 (-0.20 pp), 16.93% in FY2023 (+19.10 pp), -2.16% in FY2022 (+12.12 pp) and -14.29% in FY2021 (-7.88 pp).
- The five-year range for quarterly Tax Rate is -154.30% (Q4 2025) to 40.59% (Q4 2024).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -19.59 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2022 (a gain of 134.36 percentage points), and the weakest in Q4 2025 (a drop of 194.90 percentage points).
- Business Quant data shows OVV's Tax Rate at 23.82% (Q1 2026), -154.30% (Q4 2025) and 22.92% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 760.02 Bn | 716.50 Bn | - | 23.39% |
| 2 | Chevron | 455.46 Bn | 427.58 Bn | 33.45 Bn | 26.95% |
| 3 | Shell | 318.43 Bn | 248.17 Bn | 30.13 Bn | 31.41% |
| 4 | TotalEnergies SE | 204.61 Bn | 85.20 Bn | 61.77 Bn | 20.57% |
| 5 | Conocophillips | 183.78 Bn | 156.49 Bn | 12.81 Bn | 35.37% |
| 6 | Equinor Asa | 126.23 Bn | 40.68 Bn | - | - |
| 7 | Canadian Natural Resources | 115.39 Bn | 112.39 Bn | 8.84 Bn | 18.22% |
| 8 | Phillips 66 | 114.69 Bn | 102.48 Bn | 8.38 Bn | 21.97% |
| 9 | Suncor Energy | 96.47 Bn | 82.21 Bn | - | - |
| 10 | Ovintiv | 20.22 Bn | 19.18 Bn | 2.83 Bn | 15.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.40% |
| Sep 30, 2025 | 22.92% |
| Jun 30, 2025 | 23.06% |
| Sep 30, 2024 | 9.14% |
| Jun 30, 2024 | 27.04% |
| Mar 31, 2024 | 21.03% |
| Dec 31, 2023 | 19.78% |
| Jun 30, 2023 | 23.11% |
| Mar 31, 2023 | 20.55% |
| Sep 30, 2022 | 6.91% |
| Jun 30, 2022 | 4.57% |
| Mar 31, 2020 | 24.96% |
| Sep 30, 2019 | 22.40% |
| Jun 30, 2019 | 32.39% |
| Dec 31, 2018 | 12.64% |
API Access
Ovintiv Tax Rate 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=tax-rate&ticker=OVV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=OVV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();