Ovintiv
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
5.064.697.065.94
Price/Sales ratio
0.930.991.390.45
Earnings per Share (EPS)
$7.60$8.20$5.45$6.48

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
3.02-0.81-10.9716.145.1826.17-0.616.193.535.474.9626.17
Price/Sales ratio
1.280.943.543.000.930.910.611.011.031.071.020.93
Price/Book Value ratio
1.060.671.691.980.740.610.971.721.671.100.950.74
Price/Cash Flow ratio
3.852.4816.5712.712.412.091.962.803.322.732.532.41
Price/Free Cash Flow ratio
72.89-7.59-20.42-17.8917.0620.7623.465.456.318.026.1620.76
Price/Earnings Growth ratio
0.000.000.13-0.080.16-0.310.00-0.050.02-0.120.040.04
Dividend Yield
1.96%3.63%0.49%0.42%1.00%1.66%2.6%1.39%1.85%2.68%3.10%1.00%
Profitability Indicator Ratios
Gross Profit Margin
61.72%55.78%47.08%60.99%57.58%50.75%44.58%48.78%58.53%46.57%38.01%50.75%
Operating Profit Margin
29.06%3.88%-64.46%24.03%28.52%20.93%10.00%17.54%30.91%26.86%25.45%25.45%
Pretax Profit Margin
57.72%-181.13%-55.51%32.18%19.58%4.68%-94.13%14.31%28.56%23.54%25.53%19.58%
Net Profit Margin
42.29%-116.80%-32.35%18.61%17.99%3.47%-100.16%16.35%29.18%19.55%20.68%17.99%
Effective Tax Rate
25.98%35.51%41.72%42.16%8.08%25.71%-6.40%-14.28%-2.16%16.93%18.97%8.08%
Return on Assets
13.77%-33.01%-6.44%5.41%6.96%1.08%-42.13%10.07%24.15%10.43%2.87%1.08%
Return On Equity
35.02%-83.75%-15.40%12.29%14.35%2.35%-158.90%27.90%47.30%20.10%19.61%14.35%
Return on Capital Employed
10.49%1.20%-14.36%7.84%12.71%7.38%5.05%13.43%31.38%16.67%3.69%7.38%
Liquidity Ratios
Current Ratio
1.181.201.231.361.320.760.51N/AN/AN/A0.520.76
Quick Ratio
1.161.181.231.331.320.760.500.570.600.590.520.76
Cash ratio
0.140.200.530.430.520.070.000.070.000.000.000.07
Days of Sales Outstanding
55.3949.6979.3058.8244.8662.1951.9854.6344.7746.0450.0944.86
Days of Inventory outstanding
7.134.66N/A12.84N/A0.772.480.74N/AN/AN/A0.77
Operating Cycle
62.5254.3579.3071.6644.8662.9654.4755.3744.7746.0450.0944.86
Days of Payables Outstanding
47.0947.4256.7354.3333.7638.3533.1127.0030.7937.55106.0633.76
Cash Conversion Cycle
15.436.9322.5617.3211.1024.6021.3628.3713.988.49-55.9724.60
Debt Ratios
Debt Ratio
0.290.340.280.270.270.320.470.340.230.280.080.32
Debt Equity Ratio
0.750.860.680.620.560.701.790.940.460.550.550.70
Long-term Debt to Capitalization
0.430.460.400.380.330.410.620.480.290.340.310.41
Total Debt to Capitalization
0.430.460.400.380.360.410.640.480.310.350.350.41
Interest Coverage Ratio
3.560.28-1.222.944.821.560.49N/AN/AN/A6.104.82
Cash Flow to Debt Ratio
0.360.310.140.250.540.410.270.651.080.720.680.54
Company Equity Multiplier
2.542.532.392.262.062.163.772.771.951.926.652.06
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.330.380.210.230.380.430.310.360.310.390.400.38
Free Cash Flow / Operating Cash Flow Ratio
0.05-0.32-0.81-0.710.140.100.080.510.520.340.400.14
Cash Flow Coverage Ratio
0.360.310.140.250.540.410.270.651.080.720.680.54
Short Term Coverage Ratio
N/AN/AN/AN/A4.6N/A3.65N/A9.8314.673.90N/A
Dividend Payout Ratio
5.95%-2.94%-5.40%6.89%5.23%43.58%-1.59%8.61%6.57%14.72%15.44%5.23%