What is Ovintiv's income tax?

Ovintiv (OVV) reported income tax of $83M in Q2 2026.

How has Ovintiv's income tax changed year-over-year?

Ovintiv's income tax decreased by 9.8% year-over-year, from $92M to $83M.

What is the long-term trend for Ovintiv's income tax?

Over 3 years (2021 to 2025), Ovintiv's income tax has grown at a 38.7% compound annual growth rate (CAGR), from -$177M to -$472M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Ovintiv OVV Income Tax

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$31M-34.0%

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$28.2M+22.6%

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$44M-10.2%

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NOVA, Inc.NOV

$41M+4,000%

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-$8.86M-229%

Segments

By geography

See full

CA$25M—

US$1M—

Other financials

Income statement

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Revenue$3.0B+30.0%

Operating income$994.0M+94.5%

Net income$456.0M+48.5%

EPS (diluted)$1.62+37.3%

Balance sheet

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Cash & equivalents$700.0M+3,400%

Total debt$5.0B-23.8%

Total equity$11.5B+10.8%

Total assets$19.3B-2.3%

Cash flow

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Operating cash flow$1.6B+61.1%

CapEx$574.0M+10.2%

Free cash flow$1.1B+115%

Valuation

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Market cap$16.36B+48.4%

Enterprise value$20.69B+17.5%

P/E17.8×+0.9×

P/S1.7×+0.5×

Profitability

See full

Operating margin9.7%-0.6pp

Net margin9.4%+2.3pp

FCF margin23.2%+4.8pp

Returns & leverage

See full

Return on equity8.4%+2.1pp

Debt / equity0.4×-0.2×

Current ratio1×+0.6×

Where this comes from

Reported directly by Ovintiv in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Ovintiv’s 10-Q, filed July 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ovintiv's income tax?: Ovintiv (OVV) reported income tax of $83M in Q2 2026.
How has Ovintiv's income tax changed year-over-year?: Ovintiv's income tax decreased by 9.8% year-over-year, from $92M to $83M.
What is the long-term trend for Ovintiv's income tax?: Over 3 years (2021 to 2025), Ovintiv's income tax has grown at a 38.7% compound annual growth rate (CAGR), from -$177M to -$472M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.