Ovintiv
OVV
#1374
Rank
$12.95 B
Marketcap
$48.54
Share price
0.14%
Change (1 day)
23.45%
Change (1 year)

Operating Margin for Ovintiv (OVV)

Operating Margin as of July 2024 (TTM): 29.03%

According to Ovintiv's latest financial reports and stock price the company's current Operating Margin is 29.03%. At the end of 2022 the company had an Operating Margin of 28.56%.

Operating Margin history for Ovintiv from 2002 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202228.56%99.59%
202114.31%-115.2%
2020-94.14%-2110.01%
20194.68%-76.08%
201819.58%-39.16%
201732.19%-157.97%
2016-55.52%-69.35%
2015-181.14%-413.8%
201457.73%-28279.62%
2013-0.20%-99.78%
2012-93.62%-36132.49%
20110.26%-98.88%
201023.22%33.12%
200917.45%-38.85%
200828.53%26.91%
200722.48%-46.91%
200642.34%47.72%
200528.66%17.99%
200424.29%-4.99%
200325.57%38.89%
200218.41%-4.97%
200119.37%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.