Ovintiv (OVV) Financials

$32.16 -0.14 (-0.42%)

Closing price 03:59 PM Eastern

Extended Trading

$32.50 +0.34 (+1.07%)

As of 06:07 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	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	827	1,069	234	-6,097	1,416	3,637	2,085	1,125
Consolidated Net Income / (Loss)	827	1,069	234	-6,097	1,416	3,637	2,085	1,125
Net Income / (Loss) Continuing Operations	827	1,069	234	-6,097	1,416	3,637	2,085	1,125
Total Pre-Tax Income	1,430	1,163	315	-5,730	1,239	3,560	2,510	1,351
Total Operating Income	1,068	1,694	598	-5,397	1,519	3,853	2,864	1,579
Total Gross Profit	2,810	3,756	3,393	3,219	3,466	6,623	5,443	5,967
Total Revenue	4,443	5,939	6,726	6,087	8,658	12,464	10,883	9,152
Operating Revenue	4,443	5,939	6,726	6,087	8,658	12,464	10,883	9,152
Total Cost of Revenue	1,633	2,183	3,333	2,868	5,192	5,841	5,440	3,185
Operating Cost of Revenue	1,633	2,183	3,333	2,868	5,192	5,841	5,440	3,185
Total Operating Expenses	1,742	2,062	2,795	8,616	1,947	2,770	2,579	4,388
Selling, General & Admin Expense	254	157	489	395	442	422	393	365
Depreciation Expense	833	1,272	2,015	1,834	1,190	1,113	1,825	2,290
Other Operating Expenses / (Income)	655	633	291	807	315	1,235	361	1,283
Impairment Charge	-	0.00	0.00	5,580	-	0.00	0.00	450
Total Other Income / (Expense), net	362	-531	-283	-333	-280	-293	-354	-228
Interest Expense	363	351	382	371	340	311	355	412
Other Income / (Expense), net	725	-180	99	38	60	18	1.00	184
Income Tax Expense	603	94	81	367	-177	-77	425	226
Basic Earnings per Share	$4.25	$5.57	$0.90	($23.47)	$5.44	$14.34	$8.02	$4.25
Weighted Average Basic Shares Outstanding	194.60M	192M	261.20M	259.80M	260.40M	253.60M	259.90M	264.60M
Diluted Earnings per Share	$4.25	$5.57	$0.90	($23.47)	$5.32	$14.08	$7.90	$4.21
Weighted Average Diluted Shares Outstanding	194.60M	192M	261.20M	259.80M	266.40M	258.40M	263.90M	267.40M
Weighted Average Basic & Diluted Shares Outstanding	194.60M	192M	261.20M	259.86M	256.77M	243.64M	269.52M	260.32M
Cash Dividends to Common per Share	$0.30	$0.30	$0.38	$0.38	$0.47	$0.95	$1.15	$1.20

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

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

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

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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	10	-13	21	26	-49	-	2.00	3.00	51	-17
Net Cash From Operating Activities	962	875	1,068	831	906	1,362	659	1,020	1,022	1,020
Net Cash From Continuing Operating Activities	962	875	1,068	831	906	1,362	659	1,020	1,022	1,020
Net Income / (Loss) Continuing Operations	1,186	1,335	487	336	406	856	338	340	507	-60
Consolidated Net Income / (Loss)	1,186	1,335	487	336	406	856	338	340	507	-60
Depreciation Expense	291	280	364	419	486	556	566	580	599	545
Non-Cash Adjustments To Reconcile Net Income	-617	-495	-64	-103	298	-286	73	2.00	-149	557
Changes in Operating Assets and Liabilities, net	102	-245	281	179	-284	236	-318	98	65	-22
Net Cash From Investing Activities	-264	-591	-863	-3,008	-854	-794	-761	-641	-516	-539
Net Cash From Continuing Investing Activities	-264	-591	-863	-3,008	-854	-794	-761	-641	-516	-539
Purchase of Property, Plant & Equipment	-511	-358	-610	-640	-834	-660	-591	-622	-538	-552
Acquisitions	-12	-252	-199	-3,240	-59	273	-178	-5.00	-7.00	202
Sale of Property, Plant & Equipment	225	-2.00	12	717	12	31	2.00	2.00	3.00	156
Other Investing Activities, net	34	21	-66	155	27	-438	6.00	-16	26	-345
Net Cash From Financing Activities	-689	-297	-184	2,206	-101	-562	102	-376	-453	-504
Net Cash From Continuing Financing Activities	-689	-297	-184	2,206	-101	-562	102	-376	-453	-504
Repayment of Debt	-300	-47	187	100	29	-316	461	-111	-210	-140
Payment of Dividends	-62	-61	-61	-82	-82	-82	-80	-80	-78	-78
Issuance of Debt	-	-	0.00	2,278	-	-109	0.00	-	-	-284
Other Financing Activities, net	-2.00	-1.00	-71	-1.00	-3.00	-2.00	-29	-1.00	-2.00	-2.00

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

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

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

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

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

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

Frequently Asked Questions About Ovintiv's Financials

When does Ovintiv's fiscal year end?

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

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 4/15/2025 by MarketBeat.com Staff

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