Ovintiv Inc. (OVV) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.53B | 2.07B | 2.02B | 2.32B | 2.38B | 2.19B | 2.32B | 2.29B | 2.35B | 3.17B | 2.65B | 2.52B | 2.55B | 3.21B | 3.55B | 3.74B | 1.97B | 3.34B | 2.74B | 1.69B |
| Revenue Growth % | 6.52% | -5.3% | -13.08% | 1.31% | 1.06% | -30.89% | -12.27% | -9.1% | -7.8% | -1.43% | -25.36% | -32.63% | 29.69% | -3.8% | 29.57% | 120.8% | 7.02% | 118.52% | 130.17% | 133.06% |
| Cost of Goods Sold | 1.12B | 1.52B | 1.02B | 1.07B | 1.03B | 1B | 1.08B | 1B | 1.09B | 1.23B | 1.42B | 1.19B | 1.15B | 1.27B | 1.37B | 1.51B | 1.42B | 1.21B | 1.61B | 1.12B |
| COGS % of Revenue | 44.27% | 73.55% | 50.59% | 46.12% | 43.5% | 45.75% | 46.34% | 43.79% | 46.3% | 38.69% | 53.64% | 47.16% | 45.04% | 39.69% | 38.69% | 40.44% | 72.39% | 36.3% | 58.82% | 66.02% |
| Gross Profit | 1.41B | 548M | 998M | 1.25B | 1.34B | 1.19B | 1.25B | 1.29B | 1.26B | 1.94B | 1.23B | 1.33B | 1.4B | 1.94B | 2.18B | 2.23B | 543M | 2.13B | 1.13B | 575M |
| Gross Margin % | 55.73% | 26.45% | 49.41% | 53.88% | 56.5% | 54.25% | 53.66% | 56.21% | 53.7% | 61.31% | 46.36% | 52.84% | 54.96% | 60.31% | 61.31% | 59.56% | 27.61% | 63.7% | 41.18% | 33.98% |
| Gross Profit Growth % | 5.06% | -53.83% | -19.97% | -2.88% | 6.33% | -38.85% | 1.55% | -3.31% | -9.91% | 0.21% | -43.57% | -40.22% | 158.2% | -8.93% | 92.91% | 286.96% | -37.3% | 182.47% | 171.81% | 608.85% |
| Operating Expenses | 2.17B | 137M | 725M | 738M | 1.43B | 1.19B | 720M | 730M | 769M | 753M | 761M | 799M | 724M | 773M | 803M | 709M | 743M | 682M | 176M | 696M |
| OpEx % of Revenue | 85.51% | 6.61% | 35.89% | 31.84% | 60.24% | 54.16% | 30.98% | 31.91% | 32.7% | 23.78% | 28.73% | 31.74% | 28.38% | 24.07% | 22.63% | 18.98% | 37.77% | 20.43% | 6.43% | 41.13% |
| Selling, General & Admin | 112M | 83M | 58M | 75M | 83M | 84M | 72M | 76M | 102M | 88M | 78M | 82M | 58M | 105M | 103M | 69M | 145M | 97M | 130M | 99M |
| SG&A % of Revenue | 4.42% | 4.01% | 2.87% | 3.24% | 3.49% | 3.84% | 3.1% | 3.32% | 4.34% | 2.78% | 2.94% | 3.26% | 2.27% | 3.27% | 2.9% | 1.85% | 7.37% | 2.91% | 4.75% | 5.85% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -754M | 411M | 273M | 511M | -89M | 2M | 527M | 556M | 494M | 1.19B | 467M | 531M | 678M | 1.16B | 1.37B | 1.52B | -200M | 1.45B | 952M | -121M |
| Operating Margin % | -29.78% | 19.84% | 13.51% | 22.04% | -3.74% | 0.09% | 22.68% | 24.3% | 21% | 37.52% | 17.63% | 21.1% | 26.58% | 36.24% | 38.69% | 40.58% | -10.17% | 43.28% | 34.76% | -7.15% |
| Operating Income Growth % | -747.19% | 20450% | -48.2% | -8.09% | -118.02% | -99.83% | 12.85% | 4.71% | -27.14% | 2.06% | -65.99% | -64.97% | 439% | -19.45% | 44.22% | 1352.89% | -202.56% | 344.5% | 163.21% | 97.02% |
| EBITDA | -193M | 951M | 825M | 1.07B | 456M | 547M | 1.13B | 1.14B | 1.06B | 1.74B | 953M | 950M | 1.04B | 1.44B | 1.66B | 1.79B | 64M | 1.72B | 1.25B | 190M |
| EBITDA Margin % | -7.62% | 45.9% | 40.84% | 46.03% | 19.18% | 25% | 48.45% | 49.65% | 45.07% | 55.09% | 35.98% | 37.74% | 40.85% | 44.96% | 46.89% | 48.02% | 3.25% | 51.48% | 45.78% | 11.23% |
| EBITDA Growth % | -142.32% | 73.86% | -26.73% | -6.07% | -56.98% | -68.64% | 18.15% | 19.58% | 1.73% | 20.78% | -42.73% | -47.05% | 1528.13% | -16% | 32.7% | 844.21% | -87.28% | 1004.74% | 214% | 105.33% |
| D&A (Non-Cash Add-back) | 561M | 540M | 552M | 556M | 545M | 545M | 599M | 580M | 566M | 556M | 486M | 419M | 364M | 280M | 291M | 278M | 264M | 274M | 302M | 311M |
| EBIT | -723M | 465M | 281M | 494M | -96M | 5M | 661M | 571M | 526M | 1.17B | 498M | 517M | 684M | 1.17B | 1.36B | 1.51B | -172M | 1.46B | 6M | -106M |
| Net Interest Income | -104M | -93M | -89M | -95M | -97M | -106M | -103M | -105M | -98M | -106M | -98M | -80M | -71M | -63M | -83M | -91M | -74M | -77M | -77M | -99M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 104M | 93M | 89M | 95M | 97M | 106M | 103M | 105M | 98M | 106M | 105M | 80M | 71M | 63M | 83M | 91M | 74M | 77M | 77M | 99M |
| Other Income/Expense | -73M | -39M | -81M | -112M | -104M | -103M | 31M | -90M | -66M | -121M | -74M | -94M | -65M | -54M | -99M | -94M | -46M | -63M | -1.02B | -84M |
| Pretax Income | -827M | 372M | 192M | 399M | -193M | -101M | 558M | 466M | 428M | 1.07B | 393M | 437M | 613M | 1.11B | 1.27B | 1.42B | -246M | 1.38B | -71M | -205M |
| Pretax Margin % | -32.66% | 17.95% | 9.5% | 17.21% | -8.12% | -4.62% | 24.01% | 20.37% | 18.2% | 33.7% | 14.84% | 17.36% | 24.03% | 34.56% | 35.9% | 38.06% | -12.51% | 41.39% | -2.59% | -12.12% |
| Income Tax | -197M | -574M | 44M | 92M | -34M | -41M | 51M | 126M | 90M | 211M | -13M | 101M | 126M | -225M | 88M | 65M | -5M | -2M | 1M | 0 |
| Effective Tax Rate % | 23.82% | -154.3% | 22.92% | 23.06% | 17.62% | 40.59% | 9.14% | 27.04% | 21.03% | 19.78% | -3.31% | 23.11% | 20.55% | -20.27% | 6.91% | 4.57% | 2.03% | -0.14% | -1.41% | 0% |
| Net Income | -630M | 946M | 148M | 307M | -159M | -60M | 507M | 340M | 338M | 856M | 406M | 336M | 487M | 1.33B | 1.19B | 1.36B | -241M | 1.38B | -72M | -205M |
| Net Margin % | -24.88% | 45.66% | 7.33% | 13.24% | -6.69% | -2.74% | 21.82% | 14.86% | 14.37% | 27.04% | 15.33% | 13.35% | 19.09% | 41.56% | 33.42% | 36.32% | -12.25% | 41.45% | -2.63% | -12.12% |
| Net Income Growth % | -296.23% | 1676.67% | -70.81% | -9.71% | -147.04% | -107.01% | 24.88% | 1.19% | -30.6% | -35.88% | -65.77% | -75.24% | 302.07% | -3.54% | 1747.22% | 761.95% | -177.99% | 325.41% | 95.27% | 95.32% |
| Net Income (Continuing) | -630M | 946M | 148M | 307M | -159M | -60M | 507M | 340M | 338M | 856M | 406M | 336M | 487M | 1.33B | 1.19B | 1.36B | -241M | 1.38B | -72M | -205M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -2.35 | 3.64 | 0.57 | 1.18 | -0.61 | -0.23 | 1.92 | 1.27 | 1.24 | 3.11 | 1.47 | 1.34 | 1.97 | 5.30 | 4.63 | 5.21 | -0.94 | 5.30 | -0.28 | -0.79 |
| EPS Growth % | -285.25% | 1682.61% | -70.31% | -7.09% | -149.19% | -107.4% | 30.61% | -5.22% | -37.06% | -41.32% | -68.25% | -74.28% | 309.57% | 0% | 1753.57% | 759.49% | -181.03% | 324.58% | 95.21% | 95.32% |
| EPS (Basic) | -2.35 | 3.67 | 0.58 | 1.19 | -0.61 | -0.23 | 1.93 | 1.28 | 1.25 | 3.14 | 1.48 | 1.35 | 1.99 | 5.39 | 4.70 | 5.28 | -0.94 | 5.30 | -0.28 | -0.79 |
| Diluted Shares Outstanding | 268.2M | 259.7M | 258.1M | 260.1M | 260.4M | 260.3M | 264M | 268.1M | 272.3M | 275.4M | 276.3M | 250.8M | 247.7M | 251.8M | 256.2M | 260.6M | 257.4M | 261.1M | 261.1M | 261.1M |
| Basic Shares Outstanding | 268.2M | 257.2M | 259.65M | 259M | 260.4M | 260.3M | 262.1M | 266.2M | 269.7M | 272.3M | 273.7M | 249.4M | 244.3M | 247.5M | 252.5M | 257.2M | 257.4M | 259.5M | 257.14M | 259.49M |
| Dividend Payout Ratio | - | 7.73% | 52.03% | 25.08% | - | - | 15.38% | 23.53% | 23.67% | 9.58% | 20.2% | 24.4% | 12.53% | 4.57% | 5.23% | 4.72% | - | 2.6% | - | - |