Ovintiv Pretax Profit Margin from 2010 to 2024

OVV Stock  USD 46.59  0.85  1.86%   
Ovintiv Pretax Profit Margin yearly trend continues to be fairly stable with very little volatility. Pretax Profit Margin is likely to outpace its year average in 2024. During the period from 2010 to 2024, Ovintiv Pretax Profit Margin regression line of quarterly data had r-squared of  0.04 and coefficient of variation of (485.11). View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.23543758
Current Value
0.25
Quarterly Volatility
0.64486395
 
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 Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Ovintiv over the last few years. It is Ovintiv's Pretax Profit Margin 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.
Pretax Profit Margin10 Years Trend
Pretty Stable
   Pretax Profit Margin   
       Timeline  

Ovintiv Pretax Profit Margin Regression Statistics

Arithmetic Mean(0.13)
Coefficient Of Variation(485.11)
Mean Deviation0.49
Median0.14
Standard Deviation0.64
Sample Variance0.42
Range2.3887
R-Value0.21
Mean Square Error0.43
R-Squared0.04
Significance0.46
Slope0.03
Total Sum of Squares5.82

Ovintiv Pretax Profit Margin History

2024 0.25
2023 0.24
2022 0.29
2021 0.14
2019 0.0468
2018 0.2
2017 0.32

About Ovintiv Financial Statements

Ovintiv investors use historical fundamental indicators, such as Ovintiv's Pretax Profit Margin, 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
Pretax Profit Margin 0.24  0.25 

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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.