Ovintiv annual debt-to-ebitda ratio
2018
2019
2021
2022
2023
2024
2025
Ovintiv Debt-to-EBITDA Ratio Growth & History (OVV)
Ovintiv's debt-to-ebitda ratio was 1.94 for fiscal 2025.
View full Ovintiv company overviewOvintiv annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.94 | 0.31 | +19.34% |
| 2024 | 2024-12-31 | 1.63 | 0.20 | +14.10% |
| 2023 | 2023-12-31 | 1.43 | 0.52 | +57.53% |
| 2022 | 2022-12-31 | 0.90 | −1.23 | −57.57% |
| 2021 | 2021-12-31 | 2.13 | — | — |
| 2019 | 2019-12-31 | 3.15 | 1.64 | +108.15% |
| 2018 | 2018-12-31 | 1.51 | — | — |
Ovintiv quarterly debt-to-ebitda ratio
Q4.19
Q1.20
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.62 | −0.45 | −21.57% |
| Q1 2026 | 2026-03-31 | 2.93 | 0.87 | +41.82% |
| Q4 2025 | 2025-12-31 | 1.94 | 0.31 | +19.34% |
| Q3 2025 | 2025-09-30 | 2.23 | 0.89 | +66.46% |
| Q2 2025 | 2025-06-30 | 2.06 | 0.63 | +44.43% |
| Q1 2025 | 2025-03-31 | 2.07 | 0.56 | +36.97% |
| Q4 2024 | 2024-12-31 | 1.63 | 0.20 | +14.10% |
| Q3 2024 | 2024-09-30 | 1.34 | −0.28 | −17.08% |
| Q2 2024 | 2024-06-30 | 1.43 | 0.04 | +2.80% |
| Q1 2024 | 2024-03-31 | 1.51 | 0.72 | +91.98% |
| Q4 2023 | 2023-12-31 | 1.43 | 0.52 | +57.53% |
| Q3 2023 | 2023-09-30 | 1.61 | 0.75 | +86.73% |
| Q2 2023 | 2023-06-30 | 1.39 | 0.13 | +10.32% |
| Q1 2023 | 2023-03-31 | 0.79 | −1.76 | −69.05% |
| Q4 2022 | 2022-12-31 | 0.90 | −1.23 | −57.57% |
| Q3 2022 | 2022-09-30 | 0.86 | −6.37 | −88.06% |
| Q2 2022 | 2022-06-30 | 1.26 | — | — |
| Q1 2022 | 2022-03-31 | 2.54 | — | — |
| Q4 2021 | 2021-12-31 | 2.13 | — | — |
| Q3 2021 | 2021-09-30 | 7.24 | — | — |
| Q1 2020 | 2020-03-31 | 2.15 | — | — |
| Q4 2019 | 2019-12-31 | 3.15 | — | — |
Ovintiv debt-to-ebitda ratio trends
Between the periods ended 2018-12-31 and 2025-12-31, Ovintiv's debt-to-ebitda ratio increased from 1.51 to 1.94, a change of 0.43. The latest reported quarter, Q2 2026, shows 1.62.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ovintiv source filings ↗Community posts
Ovintiv agrees $890 million Logan acquisition to expand its Montney position
Ovintiv ($OVV) agreed to acquire Logan Energy for C$1.40 a share in cash, valuing the transaction at approximately US$890 million, including expected net debt at completion. The assets would add roughly 266,000 net acres and current product ...
