Ovintiv profit margin OVV
Gross, operating and net profit as a share of revenue over the last twelve months, from 2016.
- Net margin, 12 months
- 9.4%
- Operating margin, 12 months
- 9.7%
- Net margin on a year earlier
- +3.0 pts
- Peer median
- 20.8%
Over the twelve months to Jun 30, 2026, Ovintiv kept 9.4% of its revenue as net profit, with an operating margin of 9.7%.
Five years earlier its net margin was −32.5%.
The median for 10 oil and gas producers of a similar size is 20.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 13.9% | 12.7% |
| FY2024 | 12.3% | 17.3% |
| FY2023 | 19.2% | 26.3% |
| FY2022 | 29.2% | 30.9% |
| FY2021 | 16.4% | 17.5% |
| FY2020 | n/a | −88.7% |
| FY2019 | 3.5% | 8.9% |
| FY2018 | 18.0% | 28.5% |
| FY2017 | 18.6% | 24.0% |
| FY2016 | −32.4% | −64.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 9.4% | +3.0 pts | 9.7% | |
| Q1 FY26 | 8.5% | +1.7 pts | 5.1% | |
| Q4 FY25 | 13.9% | +1.7 pts | 12.7% | |
| Q3 FY25 | 2.6% | −17.5 pts | 7.8% | |
| Q2 FY25 | 6.5% | −12.1 pts | 10.3% | |
| Q1 FY25 | 6.8% | −11.3 pts | 10.9% | |
| Q4 FY24 | 12.3% | −6.9 pts | 17.3% | |
| Q3 FY24 | 20.1% | −3.3 pts | 27.3% | |
| Q2 FY24 | 18.6% | −9.7 pts | 25.9% | |
| Q1 FY24 | 18.1% | −15.3 pts | 25.1% | |
| Q4 FY23 | 19.2% | −10.0 pts | 26.3% | |
| Q3 FY23 | 23.5% | −5.8 pts | 26.0% |
Against its peers
Companies in Oil & Gas Exploration & Production nearest Ovintiv's size, closest first, today.
| Company | Profit margin |
|---|---|
| OVVOvintiv | 9.4% |
| PRPermian Resources | 21.5% |
| EXEExpand Energy | 20.5% |
| APAAPA | 21.1% |
| TPLTexas Pacific Land | 60.3% |
| VNOMViper Energy | 2.9% |
| ARANTERO RESOURCES | 17.7% |
| EQTEQT | 28.4% |
| RRCRange Resources | 25.0% |
| SMSM Energy | 18.2% |
| CHRDChord Energy | 13.4% |
| Peer median | 20.8% |
Where Ovintiv ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Ovintiv
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.