Company / Operating Margin
Ovintiv Operating Margin History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
12.7%
FY2025
5-year range
-88.7% / 26.3%
FY2021-FY2025
Trend
-26.4%
vs FY2024
Sector context
#41 of 81
Energy
What the data says
At 12.7%, Ovintiv's operating margin ranks #41 of 81 in the Energy sector. Operating Margin has fluctuated over the past 9 years, ranging from -88.7% in FY2022 to 28.5% in FY2018.
Based on SEC 10-K filings.
12.7% in FY2025 with a 5-year CAGR of -15.8%.
Declined from 26.3% to 12.7% over the past 2 years.
Energy sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +101.4pp
- 5-Year Change
- -15.8pp
- 10-Year Change
- -
Sector benchmark
#41 of 81 in EnergyTop 51% of 81This company 12.7% Sector average 16.0%
▼
-20.8% below sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 26.4% year-over-year.
- Currently 3.3pp below the Energy sector average.
- Peak operating margin was recorded in FY2018.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 1.18 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 12.7% | -26.4% |
| FY2024 | 17.3% | -34.5% |
| FY2023 | 26.3% | +129.7% |
| FY2022 | -88.7% | -1097.3% |
| FY2021 | 8.9% | -68.8% |
| FY2020 | 28.5% | +220.8% |
| FY2019 | 8.9% | -68.8% |
| FY2018 | 28.5% | +18.7% |
| FY2017 | 24.0% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026