Ovintiv Financial Statements From 2010 to 2024

OVV Stock  USD 52.77  0.59  1.13%   
Ovintiv financial statements provide useful quarterly and yearly information to potential Ovintiv investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Ovintiv financial statements helps investors assess Ovintiv's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Ovintiv's valuation are summarized below:
Gross Profit
7.3 B
Profit Margin
0.1956
Market Capitalization
14.2 B
Enterprise Value Revenue
1.9419
Revenue
10.7 B
There are over one hundred nineteen available trending fundamental ratios for Ovintiv, which can be analyzed over time and compared to other ratios. All traders should should check out Ovintiv's recent fundamental trends against the trends from 2010 to 2024 to make sure the company is sustainable. Market Cap is likely to drop to about 10.1 B in 2024. Enterprise Value is likely to drop to about 14.2 B in 2024

Ovintiv Total Revenue

7.89 Billion

Check Ovintiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ovintiv main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 467.4 M or Total Revenue of 7.9 B, as well as many exotic indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0353 or PTB Ratio of 1.08. Ovintiv financial statements analysis is a perfect complement when working with Ovintiv Valuation or Volatility modules.
  
This module can also supplement Ovintiv's financial leverage analysis and stock options assessment as well as various Ovintiv Technical models . Check out the analysis of Ovintiv Correlation against competitors.
For more information on how to buy Ovintiv Stock please use our How to Invest in Ovintiv guide.

Ovintiv Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets18.9 B20 B17.1 B
Very volatile
Short and Long Term Debt Total7.8 B6.7 B6.9 B
Very volatile
Other Current Liabilities1.7 B1.6 B570.5 M
Slightly volatile
Total Current Liabilities2.3 B2.8 B2.3 B
Pretty Stable
Total Stockholder Equity8.3 B10.4 B6.9 B
Slightly volatile
Property Plant And Equipment Net13.7 B15.5 B11.4 B
Pretty Stable
Net Debt6.9 B6.7 B6.1 B
Pretty Stable
Accounts Payable940.2 M586 M416.5 M
Pretty Stable
Cash2.9 MM718.4 M
Slightly volatile
Non Current Assets Total16.5 B18.3 B14.6 B
Pretty Stable
Non Currrent Assets Other55.1 M58 M203.3 M
Slightly volatile
Cash And Short Term Investments2.9 MM718.4 M
Slightly volatile
Net Receivables1.1 B1.3 B1.3 B
Very volatile
Common Stock Total Equity2.6 M2.7 M2.9 B
Pretty Stable
Common Stock Shares Outstanding202.4 M263.9 M196.1 M
Slightly volatile
Liabilities And Stockholders Equity18.9 B20 B17.1 B
Very volatile
Non Current Liabilities Total8.3 B6.8 B7.9 B
Pretty Stable
Inventory7.7 M8.1 M66.7 M
Slightly volatile
Other Current Assets583.3 M328 M408 M
Slightly volatile
Other Stockholder EquityB8.6 BB
Pretty Stable
Total Liabilities10.6 B9.6 B10.2 B
Pretty Stable
Property Plant And Equipment Gross70.7 B67.4 B25.9 B
Slightly volatile
Total Current Assets2.4 B1.7 B2.5 B
Slightly volatile
Short Term Debt364.5 M378 M341 M
Very volatile
Common Stock2.6 M2.7 M2.4 B
Pretty Stable
Intangible Assets2.3 B2.9 B2.5 B
Slightly volatile
Good Will2.6 B2.6 B2.5 B
Slightly volatile
Long Term Debt4.1 B5.5 B5.7 B
Slightly volatile
Long Term Debt Total4.2 B2.9 B5.7 B
Slightly volatile
Capital Surpluse9.4 B8.9 B3.8 B
Slightly volatile
Property Plant Equipment8.8 B9.3 B12.6 B
Slightly volatile
Other Liabilities486.5 M512.1 M1.7 B
Slightly volatile
Net Tangible Assets4.4 B5.9 B3.9 B
Slightly volatile
Short Term Investments47.1 M59 M34.8 M
Slightly volatile
Deferred Long Term Liabilities35.8 M50.6 M26.8 M
Slightly volatile
Long Term Investments30.3 M26 M78.4 M
Slightly volatile
Capital Lease ObligationsB946 M1.4 B
Slightly volatile
Non Current Liabilities Other20.9 M22 M352.7 M
Pretty Stable
Cash And Equivalents4.3 M4.5 M534.9 M
Slightly volatile
Net Invested Capital13.7 B16.1 B11.8 B
Slightly volatile
Short and Long Term Debt339 M284 M463 M
Slightly volatile
Capital Stock2.6 M2.7 M4.2 B
Slightly volatile

Ovintiv Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.7 B1.8 B1.5 B
Very volatile
Interest Expense467.4 M355 M414.7 M
Pretty Stable
Total Revenue7.9 B10.7 B6.9 B
Slightly volatile
Gross Profit4.3 B3.4 B3.6 B
Pretty Stable
Other Operating Expenses5.9 B7.9 B5.5 B
Slightly volatile
EBITB2.8 B1.5 B
Slightly volatile
EBITDA3.6 B4.7 BB
Slightly volatile
Cost Of Revenue7.6 B7.3 B3.6 B
Slightly volatile
Total Operating Expenses609.9 M642 MB
Pretty Stable
Selling General Administrative1.4 B2.1 B1.4 B
Slightly volatile
Interest Income345.3 M228.6 M829.1 M
Slightly volatile
Reconciled Depreciation1.6 B1.8 B1.2 B
Slightly volatile
Non Recurring4.5 BB5.5 B
Slightly volatile
Non Operating Income Net Other53.9 M69 M44.1 M
Slightly volatile

Ovintiv Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow4.8 MM732.8 M
Slightly volatile
Depreciation1.6 B1.8 B1.5 B
Very volatile
Capital ExpendituresB2.7 B2.3 B
Pretty Stable
Total Cash From Operating Activities3.1 B4.2 B2.6 B
Slightly volatile
End Period Cash Flow2.9 MM718.4 M
Slightly volatile
Cash Flows Other Operating317.9 M469.2 M231.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.21.06361.5247
Slightly volatile
Dividend Yield0.03530.02690.036
Slightly volatile
PTB Ratio1.081.10081.4535
Slightly volatile
Days Sales Outstanding50.3245.74472.3057
Slightly volatile
Book Value Per Share67.4539.938.2265
Very volatile
Invested Capital0.670.56231.0457
Pretty Stable
Operating Cash Flow Per Share24.9416.033114.348
Pretty Stable
Stock Based Compensation To Revenue0.00420.00440.0136
Very volatile
PB Ratio1.081.10081.4535
Slightly volatile
EV To Sales1.841.68612.4887
Slightly volatile
Inventory Turnover466443216
Slightly volatile
Days Of Inventory On Hand0.810.8510.1264
Slightly volatile
Payables Turnover13.0512.439.0656
Slightly volatile
Sales General And Administrative To Revenue0.160.19250.2222
Very volatile
Cash Per Share0.230.23865.1771
Slightly volatile
POCF Ratio3.52.73934.7134
Pretty Stable
Days Payables Outstanding27.929.364444.2189
Slightly volatile
EV To Operating Cash Flow5.394.34247.5863
Pretty Stable
Intangibles To Total Assets0.0880.130.1369
Slightly volatile
Net Debt To EBITDA1.521.43662.3543
Very volatile
Current Ratio1.190.5961.0967
Slightly volatile
Tangible Book Value Per Share53.7629.926.3887
Very volatile
Receivables Turnover11.287.97926.0601
Slightly volatile
Graham Number14284.864883.8877
Pretty Stable
Shareholders Equity Per Share67.4539.938.2265
Very volatile
Debt To Equity0.670.56231.0457
Pretty Stable
Revenue Per Share63.541.292838.5656
Very volatile
Interest Debt Per Share47.3723.801539.9358
Slightly volatile
Debt To Assets0.260.29170.3851
Pretty Stable
Enterprise Value Over EBITDA4.343.89146.2033
Pretty Stable
Short Term Coverage Ratios10.4711.023815.5821
Very volatile
Operating Cycle61.1445.74482.0854
Slightly volatile
Price Book Value Ratio1.081.10081.4535
Slightly volatile
Days Of Payables Outstanding27.929.364444.2189
Slightly volatile
Price To Operating Cash Flows Ratio3.52.73934.7134
Pretty Stable
Company Equity Multiplier1.941.92742.5807
Slightly volatile
Long Term Debt To Capitalization0.340.34460.4733
Slightly volatile
Total Debt To Capitalization0.340.35990.4851
Slightly volatile
Debt Equity Ratio0.670.56231.0457
Pretty Stable
Quick Ratio0.670.50040.9341
Slightly volatile
Cash Ratio0.0010.00110.3161
Slightly volatile
Operating Cash Flow Sales Ratio0.420.38830.3672
Pretty Stable
Days Of Inventory Outstanding0.810.8510.1264
Slightly volatile
Days Of Sales Outstanding50.3245.74472.3057
Slightly volatile
Cash Flow Coverage Ratios0.630.71460.4549
Very volatile
Price To Book Ratio1.081.10081.4535
Slightly volatile
Fixed Asset Turnover0.480.69090.6369
Very volatile
Price Cash Flow Ratio3.52.73934.7134
Pretty Stable
Enterprise Value Multiple4.343.89146.2033
Pretty Stable
Debt Ratio0.260.29170.3851
Pretty Stable
Cash Flow To Debt Ratio0.630.71460.4549
Very volatile
Price Sales Ratio1.21.06361.5247
Slightly volatile
Asset Turnover0.470.53690.438
Pretty Stable
Gross Profit Margin0.590.32130.5266
Pretty Stable
Price Fair Value1.081.10081.4535
Slightly volatile

Ovintiv Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap10.1 B10.3 B9.8 B
Pretty Stable
Enterprise Value14.2 B16.3 B14.5 B
Slightly volatile

Ovintiv Fundamental Market Drivers

Forward Price Earnings9.009
Cash And Short Term InvestmentsM

Ovintiv Upcoming Events

26th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Ovintiv Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ovintiv income statement, its balance sheet, and the statement of cash flows. Ovintiv investors use historical funamental indicators, such as Ovintiv's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ovintiv investors may use each financial statement separately, they are all related. The changes in Ovintiv's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ovintiv's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ovintiv Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ovintiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue208.8 M198.4 M
Total Revenue10.7 B7.9 B
Cost Of Revenue7.3 B7.6 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.19  0.16 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.26)(0.27)
Revenue Per Share 41.29  63.50 
Ebit Per Revenue 0.26  0.25 

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When determining whether Ovintiv is a strong investment it is important to analyze Ovintiv's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ovintiv's future performance. For an informed investment choice regarding Ovintiv Stock, refer to the following important reports:
Check out the analysis of Ovintiv Correlation against competitors.
For more information on how to buy Ovintiv Stock please use our How to Invest in Ovintiv guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Ovintiv's price analysis, check to measure Ovintiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.
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Is Ovintiv's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ovintiv. If investors know Ovintiv will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ovintiv listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Dividend Share
1.15
Earnings Share
7.9
Revenue Per Share
41.02
Quarterly Revenue Growth
(0.12)
The market value of Ovintiv is measured differently than its book value, which is the value of Ovintiv that is recorded on the company's balance sheet. Investors also form their own opinion of Ovintiv's value that differs from its market value or its book value, called intrinsic value, which is Ovintiv's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ovintiv's market value can be influenced by many factors that don't directly affect Ovintiv's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ovintiv's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ovintiv is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ovintiv's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.