Ovintiv
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Ovintiv's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 14% to $10,661,000,000. Profit margin reached 20%. Total operating expenses were $2,101,000,000.
Profit Margin
| 2014 | 8.01B | 3.39B | 42.3% |
|---|---|---|---|
| 2015 | 4.42B | -5.16B | -116.8% |
| 2016 | 2.91B | -944M | -32.35% |
| 2017 | 4.44B | 827M | 18.61% |
| 2018 | 5.93B | 1.06B | 18% |
| 2019 | 6.72B | 234M | 3.48% |
| 2020 | 6.08B | -6.09B | -100.16% |
| 2021 | 8.65B | 1.41B | 16.35% |
| 2022 | 12.46B | 3.63B | 29.18% |
| 2023 | 10.66B | 2.08B | 19.56% |
OVV Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 10.66B | 12.46B | 8.65B | 6.08B | 6.72B | 5.93B | 4.44B | 2.91B | 4.42B | 8.01B |
Cost of revenue | 5.69B | 5.16B | 4.43B | 3.37B | 3.31B | 2.51B | 1.73B | 1.54B | 1.95B | 3.06B |
Gross profit | 4.96B | 7.29B | 4.22B | 2.71B | 3.41B | 3.42B | 2.71B | 1.37B | 2.46B | 4.95B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 2.10B | 3.44B | 2.67B | 2.16B | 2.35B | 1.72B | 1.64B | 1.85B | 2.29B | 2.61B |
Operating income | 2.86B | 3.85B | 1.51B | 609M | 1.40B | 1.69B | 1.06B | -1.88B | 172M | 2.33B |
Other income (expenses), net | -354M | -293M | -280M | -333M | -1.09B | -180M | 362M | -738M | -1.70B | 2.29B |
Income before tax | 2.51B | 3.56B | 1.23B | -5.73B | 315M | 1.16B | 1.43B | -1.62B | -8.01B | 4.62B |
Income tax expense | 425M | -77M | -177M | 367M | 81M | 94M | 603M | -676M | -2.84B | 1.20B |
Net income | 2.08B | 3.63B | 1.41B | -6.09B | 234M | 1.06B | 827M | -944M | -5.16B | 3.39B |
Earnings per share | ||||||||||
Basic EPS | 8.02 | 14.34 | 5.44 | -23.47 | 0.9 | 5.57 | 4.25 | -5.35 | -31.41 | 22.9 |
Diluted EPS | 7.9 | 14.08 | 5.32 | -23.47 | 0.9 | 5.57 | 4.25 | -5.35 | -31.41 | 22.9 |
| Data source | Data source | Data source | Data source | Data source |