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Ovintiv OVV CA — Deferred Income Tax Expense Benefit

Other geography segments

US
$63M

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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

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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:DeferredIncomeTaxExpenseBenefit.

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 CA — deferred income tax expense benefit?
Ovintiv (OVV) reported CA — deferred income tax expense benefit of $100M in Q2 2026.
How has Ovintiv's CA — deferred income tax expense benefit changed year-over-year?
Ovintiv's CA — deferred income tax expense benefit increased by 3233.3% year-over-year, from $3M to $100M.
What is the long-term trend for Ovintiv's CA — deferred income tax expense benefit?
Over 4 years (2021 to 2025), Ovintiv's CA — deferred income tax expense benefit has grown at a 138.8% compound annual growth rate (CAGR), from -$22M to -$716M.
What does CA — deferred income tax expense benefit mean?
Reflects the tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial reporting and their tax bases within the Canadian segment. It accounts for future tax liabilities or assets that will be realized as these differences reverse over time. This metric is essential for understanding the long-term tax profile of the segment's capital investments.