Ovintiv Inc. (OVV) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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OVV Revenue Growth
Revenue Breakdown (FY 2025)
OVV's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
OVV Revenue Analysis (2014–2025)
As of May 6, 2026, Ovintiv Inc. (OVV) generated trailing twelve-month (TTM) revenue of $8.79 billion, reflecting moderate decline in growth of -5.3% year-over-year. The most recent quarter (Q4 2025) recorded $2.07 billion in revenue, up 2.6% sequentially.
Looking at the longer-term picture, OVV's 5-year compound annual growth rate (CAGR) stands at +7.5%, indicating steady revenue expansion. The company achieved its highest annual revenue of $12.46 billion in 2022.
Revenue diversification analysis shows OVV's business is primarily driven by Natural Gas (100%). With over half of revenue concentrated in Natural Gas, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including DVN (+6.7% YoY), FANG (+18.3% YoY), and APA (-8.4% YoY), OVV has underperformed the peer group in terms of revenue growth. Compare OVV vs DVN →
OVV Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| OVVCurrent | $8.8B | -5.3% | +7.5% | 21.6% | |
 DVN | $17.1B | +6.7% | +31.5% | 22.0% | |
 FANG | $15.0B | +18.3% | +39.8% | 32.7% | |
 APA | $8.9B | -8.4% | +15.0% | 30.8% | |
 SM | $3.2B | +18.1% | +22.9% | 0.5% | |
 COP | $58.7B | +1.8% | +25.6% | 19.6% |
OVV Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $8.74B | -4.5% | $2.50B | 28.6% | $1.89B | 21.6% |
| 2024 | $9.15B | -15.9% | $4.98B | 54.4% | $1.58B | 17.3% |
| 2023 | $10.88B | -12.7% | $5.90B | 54.2% | $2.86B | 26.3% |
| 2022 | $12.46B | +44.0% | $6.88B | 55.2% | $3.85B | 30.9% |
| 2021 | $8.66B | +42.2% | $4.22B | 48.8% | $1.52B | 17.5% |
| 2020 | $6.09B | -9.5% | $2.71B | 44.6% | $-5,397,000,000 | -88.7% |
| 2019 | $6.73B | +13.3% | $3.41B | 50.8% | $598.0M | 8.9% |
| 2018 | $5.94B | +33.7% | $3.42B | 57.6% | $1.69B | 28.5% |
| 2017 | $4.44B | +52.3% | $2.71B | 61.0% | $1.07B | 24.0% |
| 2016 | $2.92B | -34.0% | $1.37B | 47.1% | $-1,881,000,000 | -64.5% |
Full OVV Stock Analysis
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Start ComparisonOVV — Frequently Asked Questions
Quick answers to the most common questions about buying OVV stock.
Is OVV's revenue growth accelerating or slowing?
OVV revenue declined -5.3% year-over-year, contrasting with the 5-year CAGR of +7.5%. TTM revenue fell to $8.8B. This reverses the prior growth trend.
What is OVV's long-term revenue growth rate?
Ovintiv Inc.'s 5-year revenue CAGR of +7.5% reflects the variable expansion pattern. Current YoY growth of -5.3% is below this long-term average.
How is OVV's revenue distributed by segment?
OVV reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.