Stocktoria

Ovintiv Inc. OVV

NYSE · stock · Crude Petroleum & Natural Gas · website · IPO 2001-08-21 · LEI

Ovintiv Inc. statistics & valuation

Market cap$14.9B
P / E12.0×
P / S1.7×
P / B1.3×
P / FCF9.9×
Dividend yield2.06%
Net margin13.9%
Return on equity11.1%
FCF margin16.9%
Net debt$5.2B
Net debt / EBITDA1.6×
Enterprise value USD$20.1B
EV / EBITDA6.1×
Earnings yield EBIT/EV5.6%
Return on capital6.4%
Graham number +7.7%$68.09

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($68.09); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
18.00% 3.30% -100.20% 13.50% 25.50% 19.20% 12.30% 13.90% 20182019202020212022202320242025
Gross margin (%)
20182019202020212022202320242025
Operating margin (%)
28.50% 8.50% -88.70% 14.50% 27.00% 26.30% 17.30% 12.70% 20182019202020212022202320242025
Return on equity (%)
14.40% 2.40% -158.90% 27.90% 47.30% 20.10% 10.90% 11.10% 20182019202020212022202320242025
Shares outstanding
192.0M 261.2M 259.8M 266.4M 258.4M 271.7M 267.4M 259.7M 20182019202020212022202320242025
Net debt ($)
$3.14B $6.78B $6.88B $4.59B $3.56B $5.73B $5.41B $5.17B 20182019202020212022202320242025
Share buybacks ($)
20182019202020212022202320242025
Return on assets (%)
7.00% 1.10% -42.10% 10.10% 24.20% 10.40% 5.80% 6.10% 20182019202020212022202320242025
Free cash flow margin (%)
5.50% 4.20% 2.60% 15.40% 14.30% 13.10% 15.50% 16.90% 20182019202020212022202320242025
Debt / equity (×)
0.56× 0.70× 1.79× 0.94× 0.46× 0.55× 0.53× 0.46× 20182019202020212022202320242025
EPS ($)
$5.57 $0.90 -$23.47 $5.32 $14.08 $7.90 $4.21 $4.78 20182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Ovintiv Inc. trades at about 13.2× earnings — above its 10-year norm (10-year range 3.5×–17.4×, median 7.3×).

3.5× 17.4×

Shaded band = 10-year range (3.5×–17.4×); dot = today's 13.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating margin12.7%17.3%26.3%27.0%14.5%-88.7%8.5%28.5%
Net margin13.9%12.3%19.2%25.5%13.5%-100.2%3.3%18.0%
FCF margin16.9%15.5%13.1%14.3%15.4%2.6%4.2%5.5%
Return on assets6.1%5.8%10.4%24.2%10.1%-42.1%1.1%7.0%
Return on equity11.1%10.9%20.1%47.3%27.9%-158.9%2.4%14.4%
Debt / equity0.46×0.53×0.55×0.46×0.94×1.79×0.70×0.56×
Current ratio0.540.510.600.610.580.510.771.33

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.