Ovintiv revenue and financials
$61.59Change from previous close: +0.17%Absolute change: +$0.11
In the fiscal year ended December 2025, Ovintiv reported revenue of $8.66B (−3.13% year over year). Net income was $1.24B, a net margin of 14.3%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −3.13%
- 2025 vs 2024
- Net income growth
- +10.40%
- 2025 vs 2024
- Net margin
- 14.3%
- 2024: 12.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,632 | 1,056 | 954 | 812 | 1,013 | 873 | 1,020 | 1,022 | 1,020 | 659 | 1,362 | 906 |
| Depreciation and amortization | 526 | 568 | 540 | 552 | 564 | 551 | 550 | 604 | 584 | 571 | 561 | 491 |
| Capital expenditure | -588 | -612 | -720 | -544 | -524 | -2,927 | -555 | -545 | -627 | -781 | -664 | -893 |
| Investing cash flow | 2,219 | -1,738 | -978 | -453 | -558 | -895 | -539 | -516 | -641 | -761 | -794 | -854 |
| Financing cash flow | -3,176 | 672 | 38.0 | -358 | -430 | -12.0 | -504 | -453 | -376 | 102 | -562 | -101 |
| Dividends paid | -84.0 | -85.0 | -76.0 | -77.0 | -77.0 | -78.0 | -78.0 | -78.0 | -80.0 | -80.0 | -82.0 | -82.0 |
| Share repurchases | -345 | -84.0 | 0.0 | -160 | -147 | — | — | -163 | -184 | -250 | -53.0 | -45.0 |
| Debt issued | 0.0 | 1,448 | -9.0 | — | 396 | 85.0 | -140 | — | — | 461 | -316 | 29.0 |
| Debt repaid | -2,748 | -459 | 21.0 | -121 | -600 | — | -252 | -212 | -112 | -29.0 | -111 | -3.0 |
| Effect of exchange rates | -1.0 | 1.0 | -4.0 | 4.0 | -13.0 | — | 6.0 | -2.0 | — | 2.0 | -6.0 | — |
| Net change in cash | 674 | -9.0 | 10.0 | 5.0 | 12.0 | -34.0 | -17.0 | 51.0 | 3.0 | 2.0 | — | -49.0 |
| Free cash flow | 1,044 | 444 | 234 | 268 | 489 | -2,054 | 465 | 477 | 393 | -122 | 698 | 13.0 |
| Levered free cash flow | 695 | 134 | 190 | 181 | 341 | -2,147 | 671 | 131 | 227 | -247 | 242 | -96.4 |