Ovintiv annual debt-to-equity ratio
2018
2019
2020
2021
2022
2023
2024
2025
Ovintiv Debt-to-Equity Ratio Growth & History (OVV)
Ovintiv's debt-to-equity ratio was 0.57 for fiscal 2025.
View full Ovintiv company overviewOvintiv annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.57 | −0.04 | −5.78% |
| 2024 | 2024-12-31 | 0.61 | −0.04 | −5.50% |
| 2023 | 2023-12-31 | 0.64 | 0.06 | +10.29% |
| 2022 | 2022-12-31 | 0.58 | −0.55 | −48.67% |
| 2021 | 2021-12-31 | 1.14 | −0.95 | −45.48% |
| 2020 | 2020-12-31 | 2.09 | 1.26 | +151.67% |
| 2019 | 2019-12-31 | 0.83 | 0.23 | +37.52% |
| 2018 | 2018-12-31 | 0.60 | — | — |
Ovintiv quarterly debt-to-equity ratio
Q4.18
Q4.19
Q1.20
Q3.20
Q4.20
Q1.21
Q2.21
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-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.44 | −0.20 | −31.20% |
| Q1 2026 | 2026-03-31 | 0.68 | 0.01 | +0.80% |
| Q4 2025 | 2025-12-31 | 0.57 | −0.04 | −5.78% |
| Q3 2025 | 2025-09-30 | 0.63 | −0.01 | −1.20% |
| Q2 2025 | 2025-06-30 | 0.64 | −0.04 | −6.11% |
| Q1 2025 | 2025-03-31 | 0.67 | −0.02 | −3.28% |
| Q4 2024 | 2024-12-31 | 0.61 | −0.04 | −5.50% |
| Q3 2024 | 2024-09-30 | 0.64 | −0.11 | −14.20% |
| Q2 2024 | 2024-06-30 | 0.68 | −0.08 | −11.03% |
| Q1 2024 | 2024-03-31 | 0.69 | 0.10 | +16.95% |
| Q4 2023 | 2023-12-31 | 0.64 | 0.06 | +10.29% |
| Q3 2023 | 2023-09-30 | 0.74 | 0.05 | +7.23% |
| Q2 2023 | 2023-06-30 | 0.76 | −0.08 | −9.25% |
| Q1 2023 | 2023-03-31 | 0.59 | −0.64 | −51.92% |
| Q4 2022 | 2022-12-31 | 0.58 | −0.55 | −48.67% |
| Q3 2022 | 2022-09-30 | 0.69 | −0.83 | −54.67% |
| Q2 2022 | 2022-06-30 | 0.84 | −0.78 | −48.15% |
| Q1 2022 | 2022-03-31 | 1.23 | −0.57 | −31.78% |
| Q4 2021 | 2021-12-31 | 1.14 | −0.95 | −45.48% |
| Q3 2021 | 2021-09-30 | 1.52 | −0.35 | −18.80% |
| Q2 2021 | 2021-06-30 | 1.62 | — | — |
| Q1 2021 | 2021-03-31 | 1.81 | 1.02 | +128.50% |
| Q4 2020 | 2020-12-31 | 2.09 | 1.26 | +151.67% |
| Q3 2020 | 2020-09-30 | 1.88 | — | — |
| Q1 2020 | 2020-03-31 | 0.79 | — | — |
| Q4 2019 | 2019-12-31 | 0.83 | 0.23 | +37.52% |
| Q4 2018 | 2018-12-31 | 0.60 | — | — |
Ovintiv debt-to-equity ratio trends
Over the last five fiscal years, Ovintiv's debt-to-equity ratio decreased from 2.09 to 0.57, a change of −1.51. The latest reported quarter, Q2 2026, shows 0.44.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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