Ovintiv Inc (OVV) — Financial Flexibility Index

Latest as of December 2025: 0.28x

Ovintiv Inc (OVV) has a Financial Flexibility Index of 0.28x as of December 2025. Free cash flow of $2.60 Billion (operating CF $920.24 Million minus capex $1.68 Billion) represents 0% of total liabilities ($9.20 Billion). Check OVV total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.28x
Free Cash Flow / Total Liabilities

Free Cash Flow

$2.60 Billion
Operating CF − Capex

Total Liabilities

$9.20 Billion
USD

Capital Expenditures

$1.68 Billion
USD

Ovintiv Inc Financial Flexibility Index (2001–2025)

Historical Financial Flexibility Index trend for Ovintiv Inc across 25 annual periods. For the full cash flow conversion analysis, see OVV operating cash flow.

Annual Financial Flexibility Index for Ovintiv Inc (2001–2025)

Year-by-year free cash flow to debt coverage for Ovintiv Inc. Explore Ovintiv Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.63x $5.80 Billion $3.65 Billion $9.20 Billion ▼ -6.6%
2024 0.68x $6.02 Billion $3.72 Billion $8.92 Billion ▼ -6.1%
2023 0.72x $6.91 Billion $4.17 Billion $9.62 Billion ▼ -7.1%
2022 0.77x $5.70 Billion $3.87 Billion $7.37 Billion ▲ +49.4%
2021 0.52x $4.65 Billion $3.13 Billion $8.98 Billion ▲ +51.5%
2020 0.34x $3.63 Billion $1.90 Billion $10.63 Billion ▼ -28.8%
2019 0.48x $5.55 Billion $2.92 Billion $11.56 Billion ▼ -11.3%
2018 0.54x $4.28 Billion $2.30 Billion $7.90 Billion ▲ +62.4%
2017 0.33x $2.85 Billion $1.05 Billion $8.54 Billion ▲ +61.8%
2016 0.21x $1.76 Billion $625.00 Million $8.53 Billion ▼ -50.1%
2015 0.41x $3.91 Billion $1.68 Billion $9.48 Billion ▲ +18.8%
2014 0.35x $5.19 Billion $2.67 Billion $14.94 Billion ▼ -13.1%
2013 0.40x $5.00 Billion $2.29 Billion $12.50 Billion ▼ -18.5%
2012 0.49x $6.58 Billion $3.11 Billion $13.40 Billion ▼ -14.7%
2011 0.58x $8.54 Billion $3.93 Billion $14.84 Billion ▲ +35.0%
2010 0.43x $7.14 Billion $2.37 Billion $16.75 Billion ▼ -42.4%
2009 0.74x $12.74 Billion $7.87 Billion $17.21 Billion ▲ +5.0%
2008 0.70x $17.11 Billion $8.86 Billion $24.27 Billion ▲ +7.9%
2007 0.65x $17.17 Billion $8.43 Billion $26.27 Billion ▼ -20.8%
2006 0.83x $14.57 Billion $7.97 Billion $17.65 Billion ▲ +6.6%
2005 0.77x $14.36 Billion $7.43 Billion $18.54 Billion ▲ +41.5%
2004 0.55x $9.41 Billion $4.59 Billion $17.19 Billion ▼ -27.0%
2003 0.75x $9.62 Billion $4.31 Billion $12.83 Billion ▲ +74.9%
2002 0.43x $4.77 Billion $1.63 Billion $11.13 Billion ▼ -38.1%
2001 0.69x $2.96 Billion $1.74 Billion $4.28 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities