Ovintiv (OVV) Financials

$36.54 +0.11 (+0.31%)

Closing price 05/29/2025 03:59 PM Eastern

Extended Trading

$36.53 -0.01 (-0.03%)

As of 05/29/2025 07:48 PM Eastern

Annual Income Statements for Ovintiv

This table shows Ovintiv's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Net Income / (Loss) Attributable to Common Shareholders	1,125	2,085	3,637	1,416	-6,097	234	1,069	827
Consolidated Net Income / (Loss)	1,125	2,085	3,637	1,416	-6,097	234	1,069	827
Net Income / (Loss) Continuing Operations	1,125	2,085	3,637	1,416	-6,097	234	1,069	827
Total Pre-Tax Income	1,351	2,510	3,560	1,239	-5,730	315	1,163	1,430
Total Operating Income	1,579	2,864	3,853	1,519	-5,397	598	1,694	1,068
Total Gross Profit	5,967	5,443	6,623	3,466	3,219	3,393	3,756	2,810
Total Revenue	9,152	10,883	12,464	8,658	6,087	6,726	5,939	4,443
Operating Revenue	9,152	10,883	12,464	8,658	6,087	6,726	5,939	4,443
Total Cost of Revenue	3,185	5,440	5,841	5,192	2,868	3,333	2,183	1,633
Operating Cost of Revenue	3,185	5,440	5,841	5,192	2,868	3,333	2,183	1,633
Total Operating Expenses	4,388	2,579	2,770	1,947	8,616	2,795	2,062	1,742
Selling, General & Admin Expense	365	393	422	442	395	489	157	254
Depreciation Expense	2,290	1,825	1,113	1,190	1,834	2,015	1,272	833
Other Operating Expenses / (Income)	1,283	361	1,235	315	807	291	633	655
Impairment Charge	450	0.00	0.00	-	5,580	0.00	0.00	-
Total Other Income / (Expense), net	-228	-354	-293	-280	-333	-283	-531	362
Interest Expense	412	355	311	340	371	382	351	363
Other Income / (Expense), net	184	1.00	18	60	38	99	-180	725
Income Tax Expense	226	425	-77	-177	367	81	94	603
Basic Earnings per Share	$4.25	$8.02	$14.34	$5.44	($23.47)	$0.90	$5.57	$4.25
Weighted Average Basic Shares Outstanding	264.60M	259.90M	253.60M	260.40M	259.80M	261.20M	192M	194.60M
Diluted Earnings per Share	$4.21	$7.90	$14.08	$5.32	($23.47)	$0.90	$5.57	$4.25
Weighted Average Diluted Shares Outstanding	267.40M	263.90M	258.40M	266.40M	259.80M	261.20M	192M	194.60M
Weighted Average Basic & Diluted Shares Outstanding	260.32M	269.52M	243.64M	256.77M	259.86M	261.20M	192M	194.60M
Cash Dividends to Common per Share	$1.20	$1.15	$0.95	$0.47	$0.38	$0.38	$0.30	$0.30

This table shows Ovintiv's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-159	-60	507	340	338	856	406	336	487	1,335	1,186
Consolidated Net Income / (Loss)	-159	-60	507	340	338	856	406	336	487	1,335	1,186
Net Income / (Loss) Continuing Operations	-159	-60	507	340	338	856	406	336	487	1,335	1,186
Total Pre-Tax Income	-193	-101	558	466	428	1,067	393	437	613	1,110	1,274
Total Operating Income	-89	2.00	527	556	494	1,188	467	531	678	1,164	1,373
Total Gross Profit	1,577	1,888	1,524	1,305	1,250	1,305	1,370	1,373	1,395	2,268	1,880
Total Revenue	2,377	2,188	2,324	2,288	2,352	3,166	2,649	2,517	2,551	3,212	3,549
Operating Revenue	2,377	2,188	2,324	2,288	2,352	3,166	2,649	2,517	2,551	3,212	3,549
Total Cost of Revenue	800	300	800	983	1,102	1,861	1,279	1,144	1,156	944	1,669
Operating Cost of Revenue	800	300	800	983	1,102	1,861	1,279	1,144	1,156	944	1,669
Total Operating Expenses	1,666	1,886	997	749	756	117	903	842	717	1,104	507
Selling, General & Admin Expense	93	115	72	76	102	87	80	168	58	104	103
Depreciation Expense	545	545	599	580	566	556	486	419	364	280	291
Other Operating Expenses / (Income)	298	776	326	93	88	-526	337	255	295	720	113
Impairment Charge	730	-	-	-	-	-	-	-	-	-	-
Total Other Income / (Expense), net	-104	-103	31	-90	-66	-121	-74	-94	-65	-148	-99
Interest Expense	97	106	103	105	98	106	98	80	71	63	83
Other Income / (Expense), net	-7.00	3.00	134	15	32	-15	24	-14	6.00	9.00	-16
Income Tax Expense	-34	-41	51	126	90	211	-13	101	126	-225	88
Basic Earnings per Share	($0.61)	($0.21)	$1.93	$1.28	$1.25	$3.20	$1.48	$1.35	$1.99	$5.30	$4.70
Weighted Average Basic Shares Outstanding	260.40M	264.60M	262.10M	266.20M	269.70M	259.90M	273.70M	249.40M	244.30M	253.60M	252.50M
Diluted Earnings per Share	($0.61)	($0.22)	$1.92	$1.27	$1.24	$3.12	$1.47	$1.34	$1.97	$5.18	$4.63
Weighted Average Diluted Shares Outstanding	260.40M	267.40M	264M	268.10M	272.30M	263.90M	276.30M	250.80M	247.70M	258.40M	256.20M
Weighted Average Basic & Diluted Shares Outstanding	259.82M	260.32M	260.32M	263.61M	266.98M	269.52M	272.90M	273.86M	244.52M	243.64M	248.26M
Cash Dividends to Common per Share	$0.30	-	$0.30	$0.30	$0.30	-	$0.30	$0.30	$0.25	-	$0.25

This table details how cash moves in and out of Ovintiv's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Net Change in Cash & Equivalents	39	-2.00	-190	185	-180	-868	339	-115
Net Cash From Operating Activities	3,721	4,167	3,866	3,129	1,895	2,921	2,300	1,050
Net Cash From Continuing Operating Activities	3,721	4,167	3,866	3,129	1,895	2,921	2,300	1,050
Net Income / (Loss) Continuing Operations	1,125	2,085	3,637	1,416	-6,097	234	1,069	827
Consolidated Net Income / (Loss)	1,125	2,085	3,637	1,416	-6,097	234	1,069	827
Depreciation Expense	2,290	1,825	1,113	1,190	1,834	2,015	1,272	833
Non-Cash Adjustments To Reconcile Net Income	483	-155	-553	624	5,811	588	-375	-983
Changes in Operating Assets and Liabilities, net	-177	412	-331	-101	347	84	334	373
Net Cash From Investing Activities	-2,457	-5,519	-1,786	-525	-1,864	-2,556	-1,555	-1,037
Net Cash From Continuing Investing Activities	-2,457	-5,519	-1,786	-525	-1,864	-2,556	-1,555	-1,037
Purchase of Property, Plant & Equipment	-2,303	-2,744	-1,831	-1,519	-1,736	-2,626	-1,975	-1,796
Acquisitions	12	-3,225	-286	0.00	-	29	-17	-54
Sale of Property, Plant & Equipment	163	772	228	1,025	89	197	493	736
Other Investing Activities, net	-329	-322	103	-31	-217	-156	-56	77
Net Cash From Financing Activities	-1,231	1,359	-2,268	-2,419	-206	-1,238	-396	-139
Net Cash From Continuing Financing Activities	-1,231	1,359	-2,268	-2,419	-206	-1,238	-396	-139
Repayment of Debt	0.00	0.00	-1,241	-1,137	-272	198	0.00	0.00
Repurchase of Common Equity	-597	-426	-719	-111	0.00	-1,250	-250	0.00
Payment of Dividends	-316	-307	-239	-122	-97	-102	-56	-57
Issuance of Debt	-284	2,169	0.00	-950	252	-	-	-
Other Financing Activities, net	-34	-77	-69	-99	-89	-84	-90	-82
Effect of Exchange Rate Changes	6.00	-9.00	-2.00	0.00	-5.00	5.00	-10	11

This table details how cash moves in and out of Ovintiv's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-34	-17	51	3.00	2.00	-	-49	26	21	-13	10
Net Cash From Operating Activities	873	1,020	1,022	1,020	659	1,362	906	831	1,068	875	962
Net Cash From Continuing Operating Activities	873	1,020	1,022	1,020	659	1,362	906	831	1,068	875	962
Net Income / (Loss) Continuing Operations	-159	-60	507	340	338	856	406	336	487	1,335	1,186
Consolidated Net Income / (Loss)	-159	-60	507	340	338	856	406	336	487	1,335	1,186
Depreciation Expense	545	545	599	580	566	556	486	419	364	280	291
Non-Cash Adjustments To Reconcile Net Income	695	557	-149	2.00	73	-286	298	-103	-64	-495	-617
Changes in Operating Assets and Liabilities, net	-208	-22	65	98	-318	236	-284	179	281	-245	102
Net Cash From Investing Activities	-895	-539	-516	-641	-761	-794	-854	-3,008	-863	-591	-264
Net Cash From Continuing Investing Activities	-895	-539	-516	-641	-761	-794	-854	-3,008	-863	-591	-264
Purchase of Property, Plant & Equipment	-617	-552	-538	-622	-591	-660	-834	-640	-610	-358	-511
Acquisitions	-2,310	202	-7.00	-5.00	-178	273	-59	-3,240	-199	-252	-12
Sale of Property, Plant & Equipment	1,884	156	3.00	2.00	2.00	31	12	717	12	-2.00	225
Other Investing Activities, net	148	-345	26	-16	6.00	-438	27	155	-66	21	34
Net Cash From Financing Activities	-12	-504	-453	-376	102	-562	-101	2,206	-184	-297	-689
Net Cash From Continuing Financing Activities	-12	-504	-453	-376	102	-562	-101	2,206	-184	-297	-689
Repayment of Debt	85	-140	-210	-111	461	-316	29	100	187	-47	-300
Repurchase of Common Equity	0.00	-	-163	-184	-250	-53	-45	-89	-239	-188	-325
Payment of Dividends	-78	-78	-78	-80	-80	-82	-82	-82	-61	-61	-62
Other Financing Activities, net	-19	-2.00	-2.00	-1.00	-29	-2.00	-3.00	-1.00	-71	-1.00	-2.00
Effect of Exchange Rate Changes	0.00	-	-	-	2.00	-	-	-	0.00	-	-

This table presents Ovintiv's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Assets	19,254	19,987	15,056	14,055	14,469	21,487	15,344
Total Current Assets	1,369	1,676	1,695	1,587	1,247	1,869	2,676
Cash & Equivalents	42	3.00	5.00	195	10	190	1,058
Accounts Receivable	1,183	1,442	1,594	1,294	928	1,235	789
Current Deferred & Refundable Income Taxes	36	17	43	97	272	296	275
Other Current Assets	108	214	53	1.00	37	148	554
Plant, Property, & Equipment, net	14,364	14,640	9,468	8,761	9,450	15,191	8,972
Plant, Property & Equipment, gross	67,638	66,477	59,108	58,322	57,756	55,828	47,093
Accumulated Depreciation	53,274	51,837	49,640	49,561	48,306	40,637	38,121
Total Noncurrent Assets	3,521	3,671	3,893	3,707	3,772	4,427	3,696
Goodwill	2,546	2,599	2,584	2,628	2,625	2,611	2,553
Noncurrent Deferred & Refundable Income Taxes	10	53	271	0.00	-	601	835
Other Noncurrent Operating Assets	965	1,019	1,038	1,079	1,147	1,215	308
Total Liabilities & Shareholders' Equity	19,254	19,987	15,056	14,055	14,469	21,487	15,344
Total Liabilities	8,923	9,617	7,367	8,981	10,632	11,557	7,897
Total Current Liabilities	2,681	2,812	2,780	2,748	2,423	2,432	2,016
Short-Term Debt	600	284	393	0.00	518	0.00	500
Accounts Payable	1,883	2,209	2,221	1,979	1,704	2,239	1,490
Current Deferred & Payable Income Tax Liabilities	9.00	232	4.00	4.00	3.00	1.00	1.00
Other Current Liabilities	189	87	162	765	198	192	25
Total Noncurrent Liabilities	6,242	6,805	4,587	6,233	8,209	9,125	5,881
Long-Term Debt	4,853	5,453	3,177	4,786	6,367	6,974	3,698
Asset Retirement Reserve & Litigation Obligation	315	276	281	339	401	425	365
Noncurrent Deferred & Payable Income Tax Liabilities	202	110	184	4.00	20	217	27
Other Noncurrent Operating Liabilities	872	966	945	1,104	1,421	1,509	1,791
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	10,331	10,370	7,689	5,074	3,837	9,930	7,447
Total Preferred & Common Equity	10,331	10,370	7,689	5,074	3,837	9,930	7,447
Total Common Equity	10,331	10,370	7,689	5,074	3,837	9,930	7,447
Common Stock	8,048	8,623	7,779	8,461	8,534	8,463	6,014
Retained Earnings	1,506	697	-1,081	-4,479	-5,773	421	435
Accumulated Other Comprehensive Income / (Loss)	777	1,050	991	1,092	1,076	1,046	998

This table presents Ovintiv's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	19,614	19,859	19,809	19,834	19,900	19,519	15,123	14,374
Total Current Assets	1,350	1,507	1,400	1,452	1,581	1,479	1,395	1,702
Cash & Equivalents	8.00	9.00	8.00	5.00	3.00	52	26	18
Accounts Receivable	1,240	1,290	1,208	1,270	1,524	1,253	1,277	1,626
Current Deferred & Refundable Income Taxes	22	64	67	31	4.00	7.00	3.00	57
Other Current Assets	80	144	117	146	50	167	89	1.00
Plant, Property, & Equipment, net	14,271	14,817	14,844	14,808	14,515	14,217	9,911	9,053
Plant, Property & Equipment, gross	68,833	68,080	67,291	66,831	65,450	64,992	59,928	58,233
Accumulated Depreciation	54,562	53,263	52,447	52,023	50,935	50,775	50,017	49,180
Total Noncurrent Assets	3,993	3,535	3,565	3,574	3,804	3,823	3,817	3,619
Goodwill	2,546	2,586	2,577	2,583	2,585	2,598	2,584	2,576
Noncurrent Deferred & Refundable Income Taxes	184	0.00	0.00	0.00	199	157	221	-
Other Noncurrent Operating Assets	1,263	949	988	991	1,020	1,068	1,012	1,043
Total Liabilities & Shareholders' Equity	19,614	19,859	19,809	19,834	19,900	19,519	15,123	14,374
Total Liabilities	9,534	9,204	9,481	9,572	10,348	10,203	7,229	7,824
Total Current Liabilities	3,164	2,892	3,200	2,783	3,543	3,310	2,632	3,309
Short-Term Debt	1,144	1,024	1,234	745	709	680	580	440
Accounts Payable	1,858	1,777	1,872	1,920	2,420	2,443	1,872	2,216
Current Deferred & Payable Income Tax Liabilities	14	4.00	2.00	10	151	97	47	7.00
Other Current Liabilities	148	87	92	108	263	90	133	646
Total Noncurrent Liabilities	6,370	6,312	6,281	6,789	6,805	6,893	4,597	4,515
Long-Term Debt	4,394	4,853	4,853	5,453	5,454	5,454	3,176	3,178
Asset Retirement Reserve & Litigation Obligation	427	263	261	269	267	283	276	229
Noncurrent Deferred & Payable Income Tax Liabilities	298	239	216	113	143	184	198	135
Other Noncurrent Operating Liabilities	1,251	957	951	954	941	972	947	973
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	10,080	10,655	10,328	10,262	9,552	9,316	7,894	6,550
Total Preferred & Common Equity	10,080	10,655	10,328	10,262	9,552	9,316	7,894	6,550
Total Common Equity	10,080	10,655	10,328	10,262	9,552	9,316	7,894	6,550
Common Stock	8,027	8,028	8,173	8,334	8,647	8,674	7,558	7,942
Retained Earnings	1,269	1,644	1,215	955	-77	-401	-655	-2,355
Accumulated Other Comprehensive Income / (Loss)	784	983	940	973	982	1,043	991	963

This table displays calculated financial ratios and metrics derived from Ovintiv's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	-15.91%	-12.68%	43.96%	42.24%	-9.50%	13.25%	33.67%	0.00%
EBITDA Growth	-13.58%	-5.90%	79.99%	178.55%	-229.98%	-2.66%	6.09%	0.00%
EBIT Growth	-38.46%	-25.99%	145.16%	129.46%	-868.87%	-53.96%	-15.56%	0.00%
NOPAT Growth	-44.73%	-39.56%	126.75%	145.95%	-950.44%	-71.47%	152.10%	0.00%
Net Income Growth	-46.04%	-42.67%	156.85%	123.22%	-2,705.56%	-78.11%	29.26%	0.00%
EPS Growth	-46.71%	-43.89%	164.66%	122.67%	-2,707.78%	-78.11%	29.26%	0.00%
Operating Cash Flow Growth	-10.70%	7.79%	23.55%	65.12%	-35.13%	27.00%	119.05%	0.00%
Free Cash Flow Firm Growth	167.86%	-205.27%	-15.65%	25.13%	139.14%	37.07%	0.00%	0.00%
Invested Capital Growth	-2.25%	43.10%	16.44%	-9.77%	-35.91%	57.87%	0.00%	0.00%
Revenue Q/Q Growth	-9.65%	-0.42%	-1.01%	26.45%	-0.60%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	-22.53%	6.25%	-5.32%	212.18%	-26.53%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	-39.85%	0.00%	-6.88%	467.21%	-12.11%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	-41.31%	-16.59%	-1.01%	579.69%	-11.65%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	-44.88%	-18.68%	-1.33%	343.30%	-11.08%	0.00%	0.00%	0.00%
EPS Q/Q Growth	-44.24%	-20.68%	-3.56%	338.57%	-11.07%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-8.42%	13.23%	3.62%	0.68%	-0.58%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	17.32%	8.81%	-2.46%	10.43%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-4.73%	2.49%	10.88%	12.65%	-6.54%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	65.20%	50.01%	53.14%	40.03%	52.88%	50.45%	63.24%	63.25%
EBITDA Margin	44.29%	43.09%	39.99%	31.98%	-57.91%	40.32%	46.91%	59.10%
Operating Margin	17.25%	26.32%	30.91%	17.54%	-88.66%	8.89%	28.52%	24.04%
EBIT Margin	19.26%	26.33%	31.06%	18.24%	-88.04%	10.36%	25.49%	40.36%
Profit (Net Income) Margin	12.29%	19.16%	29.18%	16.35%	-100.16%	3.48%	18.00%	18.61%
Tax Burden Percent	83.27%	83.07%	102.16%	114.29%	106.40%	74.29%	91.92%	57.83%
Interest Burden Percent	76.63%	87.61%	91.97%	78.47%	106.92%	45.19%	76.82%	79.75%
Effective Tax Rate	16.73%	16.93%	-2.16%	-14.29%	0.00%	25.71%	8.08%	42.17%
Return on Invested Capital (ROIC)	8.26%	17.39%	37.63%	17.04%	-27.55%	3.25%	29.42%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	4.85%	11.07%	30.29%	11.46%	-61.51%	-0.98%	-1.67%	0.00%
Return on Net Nonoperating Assets (RNNOA)	2.61%	5.70%	19.36%	14.74%	-61.02%	-0.56%	-0.71%	0.00%
Return on Equity (ROE)	10.87%	23.09%	56.99%	31.78%	-88.57%	2.69%	28.71%	0.00%
Cash Return on Invested Capital (CROIC)	10.53%	-18.06%	22.44%	27.32%	16.22%	-41.63%	-170.59%	0.00%
Operating Return on Assets (OROA)	8.99%	16.35%	26.59%	11.07%	-29.81%	3.78%	9.87%	0.00%
Return on Assets (ROA)	5.73%	11.90%	24.99%	9.93%	-33.91%	1.27%	6.97%	0.00%
Return on Common Equity (ROCE)	10.87%	23.09%	56.99%	31.78%	-88.57%	2.69%	28.71%	0.00%
Return on Equity Simple (ROE_SIMPLE)	10.89%	20.11%	47.30%	27.91%	-158.90%	2.36%	14.35%	0.00%
Net Operating Profit after Tax (NOPAT)	1,315	2,379	3,936	1,736	-3,778	444	1,557	618
NOPAT Margin	14.37%	21.86%	31.58%	20.05%	-62.07%	6.60%	26.22%	13.90%
Net Nonoperating Expense Percent (NNEP)	3.41%	6.32%	7.34%	5.58%	33.96%	4.24%	31.09%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	8.33%	14.77%	34.96%	-	-	-	-	-
Cost of Revenue to Revenue	34.80%	49.99%	46.86%	59.97%	47.12%	49.55%	36.76%	36.75%
SG&A Expenses to Revenue	3.99%	3.61%	3.39%	5.11%	6.49%	7.27%	2.64%	5.72%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	47.95%	23.70%	22.22%	22.49%	141.55%	41.56%	34.72%	39.21%
Earnings before Interest and Taxes (EBIT)	1,763	2,865	3,871	1,579	-5,359	697	1,514	1,793
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	4,053	4,690	4,984	2,769	-3,525	2,712	2,786	2,626
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.02	1.12	1.55	1.64	0.90	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	1.35	1.50	2.33	3.39	2.86	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.15	1.07	0.96	0.96	0.57	0.00	0.00	0.00
Price to Earnings (P/E)	9.37	5.59	3.28	5.86	0.00	0.00	0.00	0.00
Dividend Yield	2.96%	2.69%	1.98%	1.47%	2.81%	1.83%	1.21%	0.53%
Earnings Yield	10.67%	17.88%	30.53%	17.07%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.01	1.08	1.38	1.33	0.97	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	1.74	1.60	1.24	1.49	1.70	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	3.94	3.71	3.11	4.65	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	9.05	6.07	4.00	8.16	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	12.13	7.31	3.93	7.42	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	4.29	4.18	4.00	4.12	5.46	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	9.51	0.00	6.59	4.63	4.65	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.53	0.55	0.46	0.94	1.79	0.70	0.56	0.00
Long-Term Debt to Equity	0.47	0.53	0.41	0.94	1.66	0.70	0.50	0.00
Financial Leverage	0.54	0.51	0.64	1.29	0.99	0.57	0.42	0.00
Leverage Ratio	1.90	1.94	2.28	3.20	2.61	2.12	2.06	0.00
Compound Leverage Factor	1.45	1.70	2.10	2.51	2.79	0.96	1.58	0.00
Debt to Total Capital	34.55%	35.62%	31.71%	48.54%	64.21%	41.26%	36.05%	0.00%
Short-Term Debt to Total Capital	3.80%	1.76%	3.49%	0.00%	4.83%	0.00%	4.29%	0.00%
Long-Term Debt to Total Capital	30.75%	33.85%	28.22%	48.54%	59.38%	41.26%	31.76%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	65.45%	64.38%	68.29%	51.46%	35.79%	58.74%	63.95%	0.00%
Debt to EBITDA	1.35	1.22	0.72	1.73	-1.95	2.57	1.51	0.00
Net Debt to EBITDA	1.34	1.22	0.72	1.66	-1.95	2.50	1.13	0.00
Long-Term Debt to EBITDA	1.20	1.16	0.64	1.73	-1.81	2.57	1.33	0.00
Debt to NOPAT	4.15	2.41	0.91	2.76	-1.82	15.70	2.70	0.00
Net Debt to NOPAT	4.12	2.41	0.91	2.64	-1.82	15.27	2.02	0.00
Long-Term Debt to NOPAT	3.69	2.29	0.81	2.76	-1.69	15.70	2.38	0.00
Altman Z-Score	1.51	1.73	2.46	1.00	-1.26	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.51	0.60	0.61	0.58	0.51	0.77	1.33	0.00
Quick Ratio	0.46	0.51	0.58	0.54	0.39	0.59	0.92	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,677	-2,471	2,347	2,783	2,224	-5,683	-9,030	0.00
Operating Cash Flow to CapEx	173.88%	211.31%	241.17%	633.40%	115.06%	120.26%	155.20%	99.06%
Free Cash Flow to Firm to Interest Expense	4.07	-6.96	7.55	8.19	5.99	-14.88	-25.73	0.00
Operating Cash Flow to Interest Expense	9.03	11.74	12.43	9.20	5.11	7.65	6.55	2.89
Operating Cash Flow Less CapEx to Interest Expense	3.84	6.18	7.28	7.75	0.67	1.29	2.33	-0.03
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.47	0.62	0.86	0.61	0.34	0.37	0.39	0.00
Accounts Receivable Turnover	6.97	7.17	8.63	7.79	5.63	6.65	7.53	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.63	0.90	1.37	0.95	0.49	0.56	0.66	0.00
Accounts Payable Turnover	1.56	2.46	2.78	2.82	1.45	1.79	1.47	0.00
Days Sales Outstanding (DSO)	52.35	50.91	42.29	46.84	64.85	54.92	48.49	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	234.47	148.62	131.23	129.46	250.91	204.18	249.13	0.00
Cash Conversion Cycle (CCC)	-182.13	-97.71	-88.94	-82.62	-186.05	-149.26	-200.64	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	15,742	16,104	11,254	9,665	10,712	16,714	10,587	0.00
Invested Capital Turnover	0.57	0.80	1.19	0.85	0.44	0.49	1.12	0.00
Increase / (Decrease) in Invested Capital	-362	4,850	1,589	-1,047	-6,002	6,127	10,587	0.00
Enterprise Value (EV)	15,954	17,397	15,477	12,887	10,340	0.00	0.00	0.00
Market Capitalization	10,543	11,663	11,912	8,296	3,465	0.00	0.00	0.00
Book Value per Share	$39.69	$38.00	$30.97	$19.43	$14.77	$38.02	$38.79	$0.00
Tangible Book Value per Share	$29.91	$28.48	$20.56	$9.37	$4.66	$28.02	$25.49	$0.00
Total Capital	15,784	16,107	11,259	9,860	10,722	16,904	11,645	0.00
Total Debt	5,453	5,737	3,570	4,786	6,885	6,974	4,198	0.00
Total Long-Term Debt	4,853	5,453	3,177	4,786	6,367	6,974	3,698	0.00
Net Debt	5,411	5,734	3,565	4,591	6,875	6,784	3,140	0.00
Capital Expenditures (CapEx)	2,140	1,972	1,603	494	1,647	2,429	1,482	1,060
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-754	-855	-697	-1,356	-668	-753	102	0.00
Debt-free Net Working Capital (DFNWC)	-712	-852	-692	-1,161	-658	-563	1,160	0.00
Net Working Capital (NWC)	-1,312	-1,136	-1,085	-1,161	-1,176	-563	660	0.00
Net Nonoperating Expense (NNE)	190	294	299	320	2,319	210	488	-209
Net Nonoperating Obligations (NNO)	5,411	5,734	3,565	4,591	6,875	6,784	3,140	0.00
Total Depreciation and Amortization (D&A)	2,290	1,825	1,113	1,190	1,834	2,015	1,272	833
Debt-free, Cash-free Net Working Capital to Revenue	-8.24%	-7.86%	-5.59%	-15.66%	-10.97%	-11.20%	1.72%	0.00%
Debt-free Net Working Capital to Revenue	-7.78%	-7.83%	-5.55%	-13.41%	-10.81%	-8.37%	19.53%	0.00%
Net Working Capital to Revenue	-14.34%	-10.44%	-8.71%	-13.41%	-19.32%	-8.37%	11.11%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.25	$8.02	$14.34	$5.44	($23.47)	$0.90	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	264.60M	259.90M	253.60M	260.40M	259.80M	259.82M	0.00	0.00
Adjusted Diluted Earnings per Share	$4.21	$7.90	$14.08	$5.32	($23.47)	$0.90	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	267.40M	263.90M	258.40M	266.40M	259.80M	259.82M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.90	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	260.32M	269.52M	243.64M	256.77M	259.86M	261.20M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	1,690	2,379	2,697	1,063	128	444	1,557	618
Normalized NOPAT Margin	18.46%	21.86%	21.64%	12.28%	2.10%	6.60%	26.22%	13.90%
Pre Tax Income Margin	14.76%	23.06%	28.56%	14.31%	-94.14%	4.68%	19.58%	32.19%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.28	8.07	12.45	4.64	-14.44	1.82	4.31	4.94
NOPAT to Interest Expense	3.19	6.70	12.66	5.11	-10.18	1.16	4.44	1.70
EBIT Less CapEx to Interest Expense	-0.92	2.52	7.29	3.19	-18.88	-4.53	0.09	2.02
NOPAT Less CapEx to Interest Expense	-2.00	1.15	7.50	3.65	-14.62	-5.20	0.21	-1.22
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	28.09%	14.72%	6.57%	8.62%	-1.59%	43.59%	5.24%	6.89%
Augmented Payout Ratio	81.16%	35.16%	26.34%	16.45%	-1.59%	577.78%	28.62%	6.89%

This table displays calculated financial ratios and metrics derived from Ovintiv's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.06%	-30.89%	-12.27%	-9.10%	-7.80%	-1.43%	-25.36%	-32.63%	29.69%	-3.80%	98.38%
EBITDA Growth	-58.88%	-68.19%	28.97%	22.97%	4.20%	19.00%	-40.72%	-47.74%	1,039.13%	-16.16%	443.89%
EBIT Growth	-118.25%	-99.57%	34.62%	10.44%	-23.10%	0.00%	-63.82%	-65.83%	497.67%	-19.60%	22,516.67%
NOPAT Growth	-115.97%	-99.85%	-0.75%	-0.64%	-27.57%	-31.92%	-62.25%	-71.78%	484.74%	-3.26%	0.00%
Net Income Growth	-147.04%	-107.01%	24.88%	1.19%	-30.60%	-35.88%	-65.77%	-75.24%	302.07%	-3.54%	1,747.22%
EPS Growth	-149.19%	-107.05%	30.61%	-5.22%	-37.06%	-39.77%	-68.25%	-74.28%	309.57%	-2.45%	1,753.57%
Operating Cash Flow Growth	32.47%	-25.11%	12.80%	22.74%	-38.30%	55.66%	-5.82%	-38.17%	55.91%	18.24%	18.47%
Free Cash Flow Firm Growth	117.62%	109.33%	93.46%	88.56%	-134.06%	-1,961.28%	-1,640.54%	-714.98%	-256.16%	-107.58%	-110.13%
Invested Capital Growth	-5.14%	-2.25%	5.16%	6.55%	41.56%	43.10%	54.80%	58.50%	26.51%	16.44%	18.30%
Revenue Q/Q Growth	8.64%	-5.85%	1.57%	-2.72%	-25.71%	19.52%	5.24%	-1.33%	-20.58%	-9.50%	-5.01%
EBITDA Q/Q Growth	-18.36%	-56.35%	9.47%	5.40%	-36.84%	76.97%	4.38%	-10.69%	-27.87%	-11.83%	-7.98%
EBIT Q/Q Growth	-2,020.00%	-99.24%	15.76%	8.56%	-55.16%	138.90%	-5.03%	-24.42%	-41.69%	-13.56%	-10.31%
NOPAT Q/Q Growth	-4,550.00%	-99.71%	18.04%	3.98%	-59.07%	97.55%	18.17%	-24.20%	-61.52%	9.53%	-11.65%
Net Income Q/Q Growth	-165.00%	-111.83%	49.12%	0.59%	-60.51%	110.84%	20.83%	-31.01%	-63.52%	12.56%	-12.60%
EPS Q/Q Growth	-177.27%	-111.46%	51.18%	2.42%	-60.26%	112.24%	9.70%	-31.98%	-61.97%	11.88%	-11.13%
Operating Cash Flow Q/Q Growth	-14.41%	-0.20%	0.20%	54.78%	-51.62%	50.33%	9.03%	-22.19%	22.06%	-9.04%	-28.42%
Free Cash Flow Firm Q/Q Growth	115.38%	209.40%	44.94%	86.41%	-13.96%	23.28%	3.70%	-178.00%	-903.61%	35.22%	-134.03%
Invested Capital Q/Q Growth	-0.84%	-4.73%	0.71%	-0.29%	2.18%	2.49%	2.04%	32.47%	3.29%	10.88%	4.48%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	66.34%	86.29%	65.58%	57.04%	53.15%	41.22%	51.72%	54.55%	54.68%	70.61%	52.97%
EBITDA Margin	18.89%	25.14%	54.22%	50.31%	46.43%	54.61%	36.88%	37.19%	41.08%	45.24%	46.44%
Operating Margin	-3.74%	0.09%	22.68%	24.30%	21.00%	37.52%	17.63%	21.10%	26.58%	36.24%	38.69%
EBIT Margin	-4.04%	0.23%	28.44%	24.96%	22.36%	37.05%	18.54%	20.54%	26.81%	36.52%	38.24%
Profit (Net Income) Margin	-6.69%	-2.74%	21.82%	14.86%	14.37%	27.04%	15.33%	13.35%	19.09%	41.56%	33.42%
Tax Burden Percent	82.38%	59.41%	90.86%	72.96%	78.97%	80.22%	103.31%	76.89%	79.45%	120.27%	93.09%
Interest Burden Percent	201.04%	-2,020.00%	84.42%	81.61%	81.37%	90.96%	80.04%	84.53%	89.62%	94.63%	93.88%
Effective Tax Rate	0.00%	0.00%	9.14%	27.04%	21.03%	19.78%	-3.31%	23.11%	20.55%	-20.27%	6.91%
Return on Invested Capital (ROIC)	-1.50%	0.04%	12.95%	11.66%	12.62%	23.95%	15.39%	15.28%	26.48%	51.94%	48.42%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.15%	-1.07%	13.42%	10.58%	11.57%	21.86%	13.83%	13.83%	25.22%	50.35%	46.22%
Return on Net Nonoperating Assets (RNNOA)	-1.82%	-0.57%	7.99%	6.55%	6.32%	11.26%	8.38%	9.12%	16.51%	32.17%	37.45%
Return on Equity (ROE)	-3.32%	-0.54%	20.94%	18.20%	18.95%	35.21%	23.77%	24.40%	42.99%	84.11%	85.87%
Cash Return on Invested Capital (CROIC)	10.61%	10.53%	8.87%	7.67%	-18.51%	-18.06%	-20.96%	-16.21%	21.50%	22.44%	25.70%
Operating Return on Assets (OROA)	-1.88%	0.11%	14.49%	13.27%	13.67%	23.01%	11.82%	14.11%	23.31%	31.27%	34.38%
Return on Assets (ROA)	-3.11%	-1.28%	11.12%	7.90%	8.78%	16.79%	9.77%	9.17%	16.59%	35.59%	30.04%
Return on Common Equity (ROCE)	-3.32%	-0.54%	20.94%	18.20%	18.95%	35.21%	23.77%	24.40%	42.99%	84.11%	85.87%
Return on Equity Simple (ROE_SIMPLE)	6.23%	0.00%	19.16%	18.78%	18.87%	0.00%	26.84%	35.90%	55.30%	0.00%	56.27%
Net Operating Profit after Tax (NOPAT)	-62	1.40	479	406	390	953	482	408	539	1,400	1,278
NOPAT Margin	-2.62%	0.06%	20.60%	17.73%	16.59%	30.10%	18.21%	16.22%	21.11%	43.58%	36.01%
Net Nonoperating Expense Percent (NNEP)	1.65%	1.10%	-0.47%	1.08%	1.05%	2.09%	1.57%	1.45%	1.25%	1.59%	2.20%
Return On Investment Capital (ROIC_SIMPLE)	-0.40%	0.01%	-	-	-	5.92%	-	-	-	12.43%	-
Cost of Revenue to Revenue	33.66%	13.71%	34.42%	42.96%	46.85%	58.78%	48.28%	45.45%	45.32%	29.39%	47.03%
SG&A Expenses to Revenue	3.91%	5.26%	3.10%	3.32%	4.34%	2.75%	3.02%	6.67%	2.27%	3.24%	2.90%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	70.09%	86.20%	42.90%	32.74%	32.14%	3.70%	34.09%	33.45%	28.11%	34.37%	14.29%
Earnings before Interest and Taxes (EBIT)	-96	5.00	661	571	526	1,173	491	517	684	1,173	1,357
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	449	550	1,260	1,151	1,092	1,729	977	936	1,048	1,453	1,648
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.11	1.02	0.95	1.21	1.37	1.12	1.33	0.97	1.08	1.55	1.71
Price to Tangible Book Value (P/TBV)	1.48	1.35	1.25	1.61	1.83	1.50	1.82	1.35	1.60	2.33	2.81
Price to Revenue (P/Rev)	1.21	1.15	1.00	1.20	1.32	1.07	1.16	0.77	0.65	0.96	0.89
Price to Earnings (P/E)	17.74	9.37	4.95	6.45	7.27	5.59	4.94	2.71	1.95	3.28	3.03
Dividend Yield	2.80%	2.96%	3.13%	2.56%	2.33%	2.69%	2.38%	2.83%	2.87%	1.98%	1.91%
Earnings Yield	5.64%	10.67%	20.21%	15.50%	13.76%	17.88%	20.22%	36.86%	51.35%	30.53%	32.97%
Enterprise Value to Invested Capital (EV/IC)	1.07	1.01	0.97	1.13	1.23	1.08	1.20	0.98	1.05	1.38	1.46
Enterprise Value to Revenue (EV/Rev)	1.82	1.74	1.58	1.78	1.90	1.60	1.72	1.28	0.94	1.24	1.17
Enterprise Value to EBITDA (EV/EBITDA)	4.89	3.94	3.05	3.76	4.28	3.71	4.27	2.98	2.06	3.11	2.81
Enterprise Value to EBIT (EV/EBIT)	14.61	9.05	5.45	6.73	7.49	6.07	6.58	4.06	2.59	4.00	3.56
Enterprise Value to NOPAT (EV/NOPAT)	19.46	12.13	7.13	8.34	9.08	7.31	6.60	4.15	2.62	3.93	3.72
Enterprise Value to Operating Cash Flow (EV/OCF)	4.24	4.29	3.93	4.71	5.39	4.18	5.12	4.06	2.88	4.00	3.96
Enterprise Value to Free Cash Flow (EV/FCFF)	9.80	9.51	11.17	15.24	0.00	0.00	0.00	0.00	5.47	6.59	6.14
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.55	0.53	0.55	0.59	0.60	0.55	0.65	0.66	0.48	0.46	0.55
Long-Term Debt to Equity	0.44	0.47	0.46	0.47	0.53	0.53	0.57	0.59	0.40	0.41	0.49
Financial Leverage	0.58	0.54	0.60	0.62	0.55	0.51	0.61	0.66	0.65	0.64	0.81
Leverage Ratio	1.94	1.90	1.97	2.00	1.93	1.94	2.13	2.28	2.39	2.28	2.71
Compound Leverage Factor	3.90	-38.29	1.66	1.63	1.57	1.77	1.70	1.92	2.14	2.16	2.54
Debt to Total Capital	35.46%	34.55%	35.55%	37.08%	37.65%	35.62%	39.22%	39.70%	32.24%	31.71%	35.58%
Short-Term Debt to Total Capital	7.32%	3.80%	6.19%	7.52%	4.53%	1.76%	4.51%	4.40%	4.98%	3.49%	4.33%
Long-Term Debt to Total Capital	28.13%	30.75%	29.36%	29.56%	33.13%	33.85%	34.71%	35.30%	27.26%	28.22%	31.25%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	64.54%	65.45%	64.45%	62.92%	62.35%	64.38%	60.78%	60.30%	67.76%	68.29%	64.42%
Debt to EBITDA	1.62	1.35	1.12	1.23	1.31	1.22	1.40	1.21	0.63	0.72	0.69
Net Debt to EBITDA	1.62	1.34	1.12	1.23	1.31	1.22	1.40	1.20	0.63	0.72	0.68
Long-Term Debt to EBITDA	1.29	1.20	0.93	0.98	1.15	1.16	1.24	1.07	0.53	0.64	0.60
Debt to NOPAT	6.46	4.15	2.62	2.73	2.78	2.41	2.16	1.68	0.80	0.91	0.91
Net Debt to NOPAT	6.45	4.12	2.62	2.73	2.78	2.41	2.16	1.67	0.80	0.91	0.91
Long-Term Debt to NOPAT	5.13	3.69	2.17	2.18	2.44	2.29	1.91	1.50	0.68	0.81	0.80
Altman Z-Score	1.13	1.21	1.31	1.39	1.50	1.45	1.24	1.09	1.56	1.87	1.68
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.43	0.51	0.52	0.44	0.52	0.60	0.45	0.45	0.53	0.61	0.51
Quick Ratio	0.39	0.46	0.45	0.38	0.46	0.51	0.43	0.39	0.50	0.58	0.50
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	783	363	-332	-603	-4,441	-3,897	-5,080	-5,275	-1,897	-189	-292
Operating Cash Flow to CapEx	0.00%	257.58%	191.03%	164.52%	111.88%	216.53%	110.22%	0.00%	178.60%	243.06%	336.36%
Free Cash Flow to Firm to Interest Expense	8.07	3.43	-3.22	-5.75	-45.32	-36.76	-51.83	-65.93	-26.72	-3.00	-3.52
Operating Cash Flow to Interest Expense	9.00	9.62	9.92	9.71	6.72	12.85	9.24	10.39	15.04	13.89	11.59
Operating Cash Flow Less CapEx to Interest Expense	22.06	5.89	4.73	3.81	0.71	6.92	0.86	11.35	6.62	8.17	8.14
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.47	0.47	0.51	0.53	0.61	0.62	0.64	0.69	0.87	0.86	0.90
Accounts Receivable Turnover	7.31	6.97	7.20	8.50	8.39	7.17	6.94	7.38	8.49	8.63	8.85
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.63	0.63	0.69	0.72	0.86	0.90	0.93	1.01	1.38	1.37	1.43
Accounts Payable Turnover	1.53	1.56	2.26	2.42	2.84	2.46	2.30	2.33	3.00	2.78	3.33
Days Sales Outstanding (DSO)	49.92	52.35	50.70	42.96	43.51	50.91	52.60	49.45	43.00	42.29	41.27
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	239.16	234.47	161.39	150.72	128.49	148.62	158.89	156.67	121.50	131.23	109.57
Cash Conversion Cycle (CCC)	-189.24	-182.13	-110.69	-107.76	-84.98	-97.71	-106.29	-107.22	-78.50	-88.94	-68.30
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	15,610	15,742	16,523	16,407	16,455	16,104	15,712	15,398	11,624	11,254	10,150
Invested Capital Turnover	0.57	0.57	0.63	0.66	0.76	0.80	0.85	0.94	1.25	1.19	1.34
Increase / (Decrease) in Invested Capital	-845	-362	811	1,009	4,831	4,850	5,562	5,683	2,436	1,589	1,570
Enterprise Value (EV)	16,672	15,954	15,967	18,592	20,266	17,397	18,838	15,155	12,230	15,477	14,781
Market Capitalization	11,142	10,543	10,099	12,513	14,073	11,663	12,678	9,073	8,500	11,912	11,181
Book Value per Share	$38.72	$39.69	$40.42	$38.68	$38.05	$38.00	$34.88	$38.10	$32.40	$30.97	$25.76
Tangible Book Value per Share	$28.94	$29.91	$30.61	$29.03	$28.47	$28.48	$25.44	$27.47	$21.79	$20.56	$15.63
Total Capital	15,618	15,784	16,532	16,415	16,460	16,107	15,715	15,450	11,650	11,259	10,168
Total Debt	5,538	5,453	5,877	6,087	6,198	5,737	6,163	6,134	3,756	3,570	3,618
Total Long-Term Debt	4,394	4,853	4,853	4,853	5,453	5,453	5,454	5,454	3,176	3,177	3,178
Net Debt	5,530	5,411	5,868	6,079	6,193	5,734	6,160	6,082	3,730	3,565	3,600
Capital Expenditures (CapEx)	-1,267	396	535	620	589	629	822	-77	598	360	286
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-678	-754	-370	-574	-591	-855	-1,256	-1,203	-683	-697	-1,185
Debt-free Net Working Capital (DFNWC)	-670	-712	-361	-566	-586	-852	-1,253	-1,151	-657	-692	-1,167
Net Working Capital (NWC)	-1,814	-1,312	-1,385	-1,800	-1,331	-1,136	-1,962	-1,831	-1,237	-1,085	-1,607
Net Nonoperating Expense (NNE)	97	61	-28	66	52	97	76	72	52	65	92
Net Nonoperating Obligations (NNO)	5,530	5,411	5,868	6,079	6,193	5,734	6,160	6,082	3,730	3,565	3,600
Total Depreciation and Amortization (D&A)	545	545	599	580	566	556	486	419	364	280	291
Debt-free, Cash-free Net Working Capital to Revenue	-7.39%	-8.24%	-3.65%	-5.49%	-5.53%	-7.86%	-11.49%	-10.17%	-5.23%	-5.59%	-9.41%
Debt-free Net Working Capital to Revenue	-7.30%	-7.78%	-3.56%	-5.41%	-5.48%	-7.83%	-11.46%	-9.73%	-5.04%	-5.55%	-9.27%
Net Working Capital to Revenue	-19.77%	-14.34%	-13.67%	-17.22%	-12.46%	-10.44%	-17.95%	-15.48%	-9.48%	-8.71%	-12.76%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.61)	($0.21)	$1.93	$1.28	$1.25	$3.20	$1.48	$1.35	$1.99	$5.30	$4.70
Adjusted Weighted Average Basic Shares Outstanding	260.40M	264.60M	262.10M	266.20M	269.70M	259.90M	273.70M	249.40M	244.30M	253.60M	252.50M
Adjusted Diluted Earnings per Share	($0.61)	($0.22)	$1.92	$1.27	$1.24	$3.12	$1.47	$1.34	$1.97	$5.18	$4.63
Adjusted Weighted Average Diluted Shares Outstanding	260.40M	267.40M	264M	268.10M	272.30M	263.90M	276.30M	250.80M	247.70M	258.40M	256.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	259.82M	260.32M	260.32M	263.61M	266.98M	269.52M	272.90M	273.86M	244.52M	243.64M	248.26M
Normalized Net Operating Profit after Tax (NOPAT)	449	1.40	479	406	390	953	327	408	539	815	1,278
Normalized NOPAT Margin	18.88%	0.06%	20.60%	17.73%	16.59%	30.10%	12.34%	16.22%	21.11%	25.37%	36.01%
Pre Tax Income Margin	-8.12%	-4.62%	24.01%	20.37%	18.20%	33.70%	14.84%	17.36%	24.03%	34.56%	35.90%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.99	0.05	6.42	5.44	5.37	11.07	5.01	6.46	9.63	18.62	16.35
NOPAT to Interest Expense	-0.64	0.01	4.65	3.86	3.98	8.99	4.92	5.10	7.59	22.22	15.40
EBIT Less CapEx to Interest Expense	12.07	-3.69	1.22	-0.47	-0.64	5.13	-3.38	7.43	1.21	12.90	12.90
NOPAT Less CapEx to Interest Expense	12.42	-3.72	-0.55	-2.04	-2.03	3.06	-3.46	6.07	-0.84	16.51	11.95
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	50.00%	28.09%	15.68%	16.70%	16.84%	14.72%	11.15%	7.95%	5.68%	6.57%	5.81%
Augmented Payout Ratio	105.25%	81.16%	47.53%	44.12%	39.41%	35.16%	33.03%	33.10%	26.00%	26.34%	23.22%

Frequently Asked Questions About Ovintiv's Financials

When does Ovintiv's financial year end?

According to the most recent income statement we have on file, Ovintiv's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Ovintiv's net income changed over the last 7 years?

Ovintiv's net income appears to be on an upward trend, with a most recent value of $1.13 billion in 2024, rising from $827 million in 2017. The previous period was $2.09 billion in 2023. See where experts think Ovintiv is headed by visiting Ovintiv's forecast page.

What is Ovintiv's operating income?

Ovintiv's total operating income in 2024 was $1.58 billion, based on the following breakdown:

Total Gross Profit: $5.97 billion
Total Operating Expenses: $4.39 billion

How has Ovintiv revenue changed over the last 7 years?

Over the last 7 years, Ovintiv's total revenue changed from $4.44 billion in 2017 to $9.15 billion in 2024, a change of 106.0%.

How much debt does Ovintiv have?

Ovintiv's total liabilities were at $8.92 billion at the end of 2024, a 7.2% decrease from 2023, and a 13.0% increase since 2018.

How much cash does Ovintiv have?

In the past 6 years, Ovintiv's cash and equivalents has ranged from $3 million in 2023 to $1.06 billion in 2018, and is currently $42 million as of their latest financial filing in 2024.

How has Ovintiv's book value per share changed over the last 7 years?

Over the last 7 years, Ovintiv's book value per share changed from 0.00 in 2017 to 39.69 in 2024, a change of 3,968.5%.

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This page (NYSE:OVV) was last updated on 5/30/2025 by MarketBeat.com Staff

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