Ovintiv Inc (OVV) — Cash Flow Reinvestment Rate

Latest as of December 2025: 2.11x

Ovintiv Inc (OVV) has a Cash Flow Reinvestment Rate of 2.11x as of December 2025, reinvesting $1.95 Billion (capex $1.68 Billion plus investments $-263.00 Million) from operating cash flow of $920.24 Million. See OVV free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

2.11x
(Capex + Investments) / Operating CF

Total Reinvested

$1.95 Billion
Capex + Investments

Operating Cash Flow

$920.24 Million
USD

Capital Expenditures

$1.68 Billion
USD

Ovintiv Inc Cash Flow Reinvestment Rate (2001–2025)

Historical reinvestment intensity for Ovintiv Inc across 25 annual periods. For the full cash flow conversion analysis, see Ovintiv Inc (OVV) cash conversion ratio.

Annual Cash Flow Reinvestment Rate for Ovintiv Inc (2001–2025)

Year-by-year capital reinvestment analysis for Ovintiv Inc. See OVV free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.62x $2.27 Billion $3.65 Billion $2.15 Billion ▼ -51.3%
2024 1.28x $4.76 Billion $3.72 Billion $2.30 Billion ▼ -35.5%
2023 1.98x $8.26 Billion $4.17 Billion $2.74 Billion ▲ +111.9%
2022 0.94x $3.62 Billion $3.87 Billion $1.83 Billion ▲ +90.2%
2021 0.49x $1.54 Billion $3.13 Billion $1.52 Billion ▼ -74.1%
2020 1.90x $3.60 Billion $1.90 Billion $1.74 Billion ▲ +7.1%
2019 1.77x $5.18 Billion $2.92 Billion $2.63 Billion ▲ +15.6%
2018 1.53x $3.53 Billion $2.30 Billion $1.98 Billion ▼ -43.1%
2017 2.70x $2.83 Billion $1.05 Billion $1.80 Billion ▲ +45.2%
2016 1.86x $1.16 Billion $625.00 Million $1.13 Billion ▲ +24.8%
2015 1.49x $2.50 Billion $1.68 Billion $2.23 Billion ▲ +57.2%
2014 0.95x $2.53 Billion $2.67 Billion $2.53 Billion ▼ -20.1%
2013 1.18x $2.71 Billion $2.29 Billion $2.71 Billion ▲ +5.9%
2012 1.12x $3.48 Billion $3.11 Billion $3.48 Billion ▼ -4.7%
2011 1.17x $4.61 Billion $3.93 Billion $4.61 Billion ▼ -41.8%
2010 2.02x $4.77 Billion $2.37 Billion $4.77 Billion ▲ +226.7%
2009 0.62x $4.86 Billion $7.87 Billion $4.86 Billion ▼ -33.7%
2008 0.93x $8.25 Billion $8.86 Billion $8.25 Billion ▼ -10.1%
2007 1.04x $8.74 Billion $8.43 Billion $8.74 Billion ▲ +25.2%
2006 0.83x $6.60 Billion $7.97 Billion $6.60 Billion ▼ -11.2%
2005 0.93x $6.92 Billion $7.43 Billion $6.92 Billion ▼ -11.2%
2004 1.05x $4.82 Billion $4.59 Billion $4.82 Billion ▼ -14.8%
2003 1.23x $5.31 Billion $4.31 Billion $5.31 Billion ▼ -35.9%
2002 1.92x $3.14 Billion $1.63 Billion $3.14 Billion ▲ +174.0%
2001 0.70x $1.22 Billion $1.74 Billion $1.22 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow