Ovintiv Inc (OVV)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 42.40% | 38.02% | 36.62% | 42.07% | 47.29% | 57.75% | 61.37% | 62.50% | 58.54% | 56.16% | 51.25% | 44.40% | 48.79% | 41.62% | 41.76% | 36.37% | 44.59% | 43.09% | 47.32% | 56.07% |
| Operating profit margin | 18.09% | 25.45% | 24.05% | 23.83% | 23.90% | 25.99% | 31.67% | 36.26% | 31.12% | 33.04% | 25.79% | 13.16% | 17.61% | -7.46% | -32.38% | -112.85% | -88.66% | -78.94% | -44.28% | 19.47% |
| Pretax margin | 14.63% | 25.53% | 23.10% | 22.16% | 23.82% | 23.36% | 29.03% | 33.87% | 28.56% | 30.43% | 22.96% | 9.79% | 14.31% | -11.46% | -36.40% | -116.58% | -94.14% | -84.19% | -50.02% | 14.53% |
| Net profit margin | 12.19% | 20.69% | 19.04% | 18.45% | 19.78% | 23.46% | 28.27% | 33.45% | 29.18% | 29.27% | 22.42% | 9.86% | 16.35% | -8.50% | -32.51% | -117.55% | -100.16% | -89.63% | -56.12% | 11.06% |
Ovintiv Inc's profitability ratios have shown fluctuating trends over the period from March 31, 2020, to December 31, 2024.
1. Gross Profit Margin: This ratio reflects the proportion of revenue that exceeds the cost of goods sold. Ovintiv's gross profit margin fluctuated between 36.37% to 62.50% during this period, indicating variability in the efficiency of production and management of production costs.
2. Operating Profit Margin: This ratio indicates the proportion of revenue that remains after deducting operating expenses. Ovintiv experienced significant improvements in its operating profit margin, moving from negative percentages to positive percentages, reaching 24.05% by June 30, 2024. This suggests better cost control and operational efficiency.
3. Pretax Margin: The pretax margin represents the percentage of revenue remaining after deducting all expenses except for taxes. Ovintiv's pretax margin also showed improvement over the period, with the margin increasing from negative values to 25.53% by September 30, 2024. This indicates better overall financial performance.
4. Net Profit Margin: This ratio reflects the percentage of revenue that translates into net income. Ovintiv's net profit margin fluctuated between negative values to positive values, reaching 20.69% by September 30, 2024. The improvement in net profit margin signifies better profitability and effective management of expenses.
In conclusion, Ovintiv Inc has shown a mix of challenges and improvements in its profitability ratios over the analyzed period, with a notable positive trend in its operating, pretax, and net profit margins, indicating enhanced operational efficiency and financial performance.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.67% | 3.54% | 12.37% | 12.61% | 12.60% | 14.27% | 19.19% | 31.28% | 25.76% | 28.94% | 18.72% | 7.76% | 10.85% | -3.75% | -14.69% | -41.01% | -37.30% | -31.89% | -17.94% | 7.37% |
| Return on assets (ROA) | 5.84% | 2.88% | 9.79% | 9.76% | 10.43% | 12.88% | 17.13% | 28.86% | 24.16% | 25.64% | 16.27% | 5.81% | 10.07% | -4.27% | -14.75% | -42.72% | -42.14% | -36.21% | -22.74% | 4.19% |
| Return on total capital | 17.07% | 27.50% | 26.74% | 26.39% | 27.64% | 29.93% | 40.14% | 60.02% | 50.49% | 63.76% | 48.26% | 25.34% | 31.12% | -11.25% | -47.99% | -139.72% | -139.15% | -109.44% | -51.22% | 15.62% |
| Return on equity (ROE) | 10.89% | 19.16% | 18.78% | 18.87% | 20.11% | 26.84% | 35.90% | 55.30% | 47.30% | 56.27% | 41.71% | 18.49% | 27.91% | -15.33% | -51.63% | -150.19% | -158.90% | -126.13% | -65.03% | 8.83% |
Ovintiv Inc's profitability ratios exhibit significant fluctuations over the past several years.
- Operating Return on Assets (Operating ROA) has shown improvement since the negative percentages recorded in 2020, with a steady increase from 7.37% in March 2020 to 31.28% in March 2023. However, there was a slight decline to 12.61% in March 2024.
- Return on Assets (ROA) also displayed a recovery trend, starting at -22.74% in June 2020 and reaching 9.79% in June 2024. While there were fluctuations along the way, the overall trajectory was positive.
- Return on Total Capital followed a similar pattern, with negative percentages in 2020 turning positive from March 2021 onwards. The ratio improved consistently, reaching 27.50% by September 2024.
- Return on Equity (ROE) experienced a sharp decline in 2020, but it bounced back and steadily increased from 2021 to 2023. The ratio peaked at 55.30% in March 2023 before decreasing slightly to 18.87% in March 2024.
Overall, despite some fluctuations, Ovintiv Inc's profitability ratios have shown a general positive trend in recent years, reflecting improving operational efficiency and stronger financial performance.