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Ovintiv OVV Net Income

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Other financials

Income statement

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Revenue$3.0B+30.0%
Operating income$994.0M+94.5%
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$17.36B+61.0%
Enterprise value$21.69B+24.9%
P/E18.9×+2.4×
P/S1.8×+0.6×

Profitability

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Operating margin9.7%-0.6pp
Net margin9.4%+2.3pp
FCF margin23.2%+4.8pp

Returns & leverage

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Return on equity8.4%+2.1pp
Debt / equity0.4×-0.2×
Current ratio+0.6×

Where this comes from

Reported directly by Ovintiv in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Ovintiv’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 5:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-314501
(US$ millions, except per share amounts) / RevenuesThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Total Other (Income) Expenses455112528216
Net Earnings (Loss) Before Income Tax539399(288)206
Income tax expense (recovery)8392(114)58
Net Earnings (Loss)$456$307$(174)$148
Net Earnings (Loss) per Share of Common Stock
Basic$1.63$1.19$(0.63)$0.57
Diluted1.621.18(0.63)0.57
Weighted Average Shares of Common Stock Outstanding (millions)

Item 1. Financial Statements

FAQ

What is Ovintiv's net income?
Ovintiv (OVV) reported net income of $456M in Q2 2026.
How has Ovintiv's net income changed year-over-year?
Ovintiv's net income increased by 48.5% year-over-year, from $307M to $456M.
What is the long-term trend for Ovintiv's net income?
Over 4 years (2021 to 2025), Ovintiv's net income has grown at a -3.2% compound annual growth rate (CAGR), from $1.42B to $1.24B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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