Ovintiv Gross Profit from 2010 to 2025

OVV Stock  USD 45.74  0.17  0.37%   
Ovintiv Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 4.4 B in 2025. Gross Profit is the profit Ovintiv makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2001-09-30
Previous Quarter
647 M
Current Value
1.2 B
Quarterly Volatility
973.2 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ovintiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ovintiv's 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 indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0343 or PTB Ratio of 1.08. Ovintiv financial statements analysis is a perfect complement when working with Ovintiv Valuation or Volatility modules.
  
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.

Latest Ovintiv's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Ovintiv over the last few years. Gross profit is a required income statement account that reflects total revenue of Ovintiv minus its cost of goods sold. It is profit before Ovintiv operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Ovintiv's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ovintiv's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.94 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Ovintiv Gross Profit Regression Statistics

Arithmetic Mean3,771,418,812
Geometric Mean3,484,761,919
Coefficient Of Variation39.88
Mean Deviation1,181,115,874
Median3,718,000,000
Standard Deviation1,504,049,508
Sample Variance2262164.9T
Range5.9B
R-Value0.38
Mean Square Error2072160.7T
R-Squared0.15
Significance0.15
Slope120,320,949
Total Sum of Squares33932473.8T

Ovintiv Gross Profit History

20254.4 B
20244.5 B
2023B
20227.3 B
20214.2 B
20202.7 B
20193.4 B

Other Fundumenentals of Ovintiv

Ovintiv Gross Profit component correlations

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0.790.570.380.270.610.37-0.01-0.10.230.340.510.25-0.05-0.16-0.340.14-0.060.7-0.18-0.24-0.30.66-0.25-0.45-0.070.2
0.840.570.09-0.020.570.790.180.190.170.740.680.02-0.220.250.110.170.060.080.26-0.03-0.270.34-0.24-0.1-0.090.26
0.510.380.090.340.420.460.60.030.240.24-0.14-0.38-0.020.490.46-0.540.720.25-0.620.70.510.080.580.120.520.17
0.160.27-0.020.34-0.020.020.01-0.02-0.550.09-0.360.0-0.390.05-0.060.440.110.180.070.04-0.410.35-0.35-0.55-0.40.31
0.810.610.570.42-0.020.730.50.140.190.770.52-0.32-0.310.180.14-0.060.350.24-0.240.14-0.060.07-0.02-0.080.07-0.16
0.870.370.790.460.020.730.680.260.250.860.38-0.46-0.260.550.53-0.210.51-0.13-0.070.410.15-0.040.180.230.240.02
0.44-0.010.180.60.010.50.680.460.20.460.08-0.85-0.010.470.56-0.470.63-0.13-0.40.60.52-0.270.540.330.43-0.02
0.12-0.10.190.03-0.020.140.260.46-0.250.10.22-0.620.030.160.110.140.19-0.070.330.05-0.060.02-0.08-0.03-0.170.1
0.290.230.170.24-0.550.190.250.2-0.250.090.15-0.010.340.10.26-0.770.170.32-0.560.090.55-0.020.590.630.84-0.08
0.760.340.740.240.090.770.860.460.10.090.41-0.38-0.530.440.40.020.38-0.090.010.23-0.150.02-0.10.050.030.0
0.530.510.68-0.14-0.360.520.380.080.220.150.410.10.04-0.24-0.380.22-0.310.240.17-0.32-0.240.36-0.24-0.3-0.210.31
-0.180.250.02-0.380.0-0.32-0.46-0.85-0.62-0.01-0.380.10.07-0.5-0.570.36-0.610.210.22-0.53-0.370.32-0.37-0.34-0.310.22
-0.2-0.05-0.22-0.02-0.39-0.31-0.26-0.010.030.34-0.530.040.07-0.35-0.23-0.33-0.280.08-0.260.010.47-0.180.390.240.28-0.05
0.28-0.160.250.490.050.180.550.470.160.10.44-0.24-0.5-0.350.9-0.430.88-0.22-0.080.720.3-0.050.330.420.45-0.02
0.17-0.340.110.46-0.060.140.530.560.110.260.4-0.38-0.57-0.230.9-0.60.88-0.35-0.20.760.5-0.370.530.70.62-0.15
-0.070.140.17-0.540.44-0.06-0.21-0.470.14-0.770.020.220.36-0.33-0.43-0.6-0.560.00.69-0.61-0.90.34-0.93-0.79-0.980.18
0.3-0.060.060.720.110.350.510.630.190.170.38-0.31-0.61-0.280.880.88-0.56-0.02-0.360.790.42-0.120.470.440.57-0.1
0.30.70.080.250.180.24-0.13-0.13-0.070.32-0.090.240.210.08-0.22-0.350.0-0.02-0.35-0.31-0.260.78-0.19-0.370.110.26
-0.14-0.180.26-0.620.07-0.24-0.07-0.40.33-0.560.010.170.22-0.26-0.08-0.20.69-0.36-0.35-0.45-0.640.08-0.66-0.23-0.690.09
0.14-0.24-0.030.70.040.140.410.60.050.090.23-0.32-0.530.010.720.76-0.610.79-0.31-0.450.65-0.380.680.430.54-0.06
-0.06-0.3-0.270.51-0.41-0.060.150.52-0.060.55-0.15-0.24-0.370.470.30.5-0.90.42-0.26-0.640.65-0.540.980.70.81-0.13
0.330.660.340.080.350.07-0.04-0.270.02-0.020.020.360.32-0.18-0.05-0.370.34-0.120.780.08-0.38-0.54-0.47-0.62-0.210.55
-0.01-0.25-0.240.58-0.35-0.020.180.54-0.080.59-0.1-0.24-0.370.390.330.53-0.930.47-0.19-0.660.680.98-0.470.70.86-0.06
-0.09-0.45-0.10.12-0.55-0.080.230.33-0.030.630.05-0.3-0.340.240.420.7-0.790.44-0.37-0.230.430.7-0.620.70.78-0.35
0.12-0.07-0.090.52-0.40.070.240.43-0.170.840.03-0.21-0.310.280.450.62-0.980.570.11-0.690.540.81-0.210.860.78-0.1
0.120.20.260.170.31-0.160.02-0.020.1-0.080.00.310.22-0.05-0.02-0.150.18-0.10.260.09-0.06-0.130.55-0.06-0.35-0.1
Click cells to compare fundamentals

About Ovintiv Financial Statements

Ovintiv investors use historical fundamental indicators, such as Ovintiv's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ovintiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit4.5 B4.4 B
Gross Profit Margin 0.42  0.43 

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Additional Tools for Ovintiv Stock Analysis

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.