Ovintiv Inc (OVV) - Net Assets
Based on the latest financial reports, Ovintiv Inc (OVV) has net assets worth $11.56 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($77.72 Billion) and total liabilities ($66.17 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Ovintiv Inc balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.56 Billion |
| % of Total Assets | 14.87% |
| Annual Growth Rate | 6.38% |
| 5-Year Change | 120.63% |
| 10-Year Change | 82.75% |
| Growth Volatility | 57.53 |
Ovintiv Inc - Net Assets Trend (2001–2025)
This chart illustrates how Ovintiv Inc's net assets have evolved over time, based on quarterly financial data. Check Ovintiv Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Ovintiv Inc (2001–2025)
The table below shows the annual net assets of Ovintiv Inc from 2001 to 2025. For live valuation and market cap data, see market value of Ovintiv Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $11.20 Billion | +8.36% |
| 2024-12-31 | $10.33 Billion | -0.38% |
| 2023-12-31 | $10.37 Billion | +34.87% |
| 2022-12-31 | $7.69 Billion | +51.54% |
| 2021-12-31 | $5.07 Billion | +32.24% |
| 2020-12-31 | $3.84 Billion | -61.36% |
| 2019-12-31 | $9.93 Billion | +33.34% |
| 2018-12-31 | $7.45 Billion | +10.69% |
| 2017-12-31 | $6.73 Billion | +9.83% |
| 2016-12-31 | $6.13 Billion | -0.66% |
| 2015-12-31 | $6.17 Billion | -36.32% |
| 2014-12-31 | $9.69 Billion | +88.17% |
| 2013-12-31 | $5.15 Billion | -2.80% |
| 2012-12-31 | $5.29 Billion | -38.27% |
| 2011-12-31 | $8.58 Billion | -49.04% |
| 2010-12-31 | $16.83 Billion | +1.32% |
| 2009-12-31 | $16.61 Billion | -27.68% |
| 2008-12-31 | $22.97 Billion | +10.96% |
| 2007-12-31 | $20.70 Billion | +18.54% |
| 2006-12-31 | $17.47 Billion | +9.11% |
| 2005-12-31 | $16.01 Billion | +11.87% |
| 2004-12-31 | $14.31 Billion | +26.87% |
| 2003-12-31 | $11.28 Billion | +28.71% |
| 2002-12-31 | $8.76 Billion | +245.41% |
| 2001-12-31 | $2.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ovintiv Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.44 Billion | 21.80% |
| Common Stock | $3.00 Million | 0.03% |
| Other Comprehensive Income | $973.00 Million | 8.69% |
| Other Components | $7.78 Billion | 69.49% |
| Total Equity | $11.20 Billion | 100.00% |
Ovintiv Inc Competitors by Market Cap
The table below lists competitors of Ovintiv Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JSC National Atomic Company Kazatomprom
IL:KAP
|
$16.75 Billion |
|
Innovent Biologics Inc
F:6IB
|
$16.76 Billion |
|
Wipro Limited
F:WIOA
|
$16.77 Billion |
|
Sterling Construction Company Inc
NASDAQ:STRL
|
$16.79 Billion |
|
East West Bancorp Inc
NASDAQ:EWBC
|
$16.70 Billion |
|
TELENOR ASA SP.ADR/ O.N.
F:TEQA
|
$16.69 Billion |
|
Shanghai Precise Packaging Co Ltd
SHE:300442
|
$16.68 Billion |
|
YPF Sociedad Anónima
F:YPF
|
$16.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ovintiv Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,331,000,000 to 11,195,000,000, a change of 864,000,000 (8.4%).
- Net income of 1,242,000,000 contributed positively to equity growth.
- Dividend payments of 308,000,000 reduced retained earnings.
- Share repurchases of 307,000,000 reduced equity.
- Other comprehensive income increased equity by 196,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.24 Billion | +11.09% |
| Dividends Paid | $308.00 Million | -2.75% |
| Share Repurchases | $307.00 Million | -2.74% |
| Other Comprehensive Income | $196.00 Million | +1.75% |
| Other Changes | $41.00 Million | +0.37% |
| Total Change | $- | 8.36% |
Book Value vs Market Value Analysis
This analysis compares Ovintiv Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.60x to 1.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $22.86 | $59.36 | x |
| 2002-12-31 | $51.92 | $59.36 | x |
| 2003-12-31 | $59.05 | $59.36 | x |
| 2004-12-31 | $76.37 | $59.36 | x |
| 2005-12-31 | $89.97 | $59.36 | x |
| 2006-12-31 | $104.39 | $59.36 | x |
| 2007-12-31 | $135.39 | $59.36 | x |
| 2008-12-31 | $152.79 | $59.36 | x |
| 2009-12-31 | $110.64 | $59.36 | x |
| 2010-12-31 | $117.11 | $59.36 | x |
| 2011-12-31 | $58.18 | $59.36 | x |
| 2012-12-31 | $35.96 | $59.36 | x |
| 2013-12-31 | $34.89 | $59.36 | x |
| 2014-12-31 | $65.35 | $59.36 | x |
| 2015-12-31 | $37.51 | $59.36 | x |
| 2016-12-31 | $34.70 | $59.36 | x |
| 2017-12-31 | $34.57 | $59.36 | x |
| 2018-12-31 | $38.79 | $59.36 | x |
| 2019-12-31 | $38.02 | $59.36 | x |
| 2020-12-31 | $14.77 | $59.36 | x |
| 2021-12-31 | $19.05 | $59.36 | x |
| 2022-12-31 | $29.76 | $59.36 | x |
| 2023-12-31 | $39.30 | $59.36 | x |
| 2024-12-31 | $38.64 | $59.36 | x |
| 2025-12-31 | $43.11 | $59.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ovintiv Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.22%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.82x
- Recent ROE (11.09%) is above the historical average (3.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 32.28% | 25.25% | 0.48x | 2.69x | $565.25 Million |
| 2002 | 8.86% | 12.38% | 0.32x | 2.27x | $-99.47 Million |
| 2003 | 20.93% | 27.70% | 0.35x | 2.14x | $1.23 Billion |
| 2004 | 24.55% | 33.49% | 0.33x | 2.20x | $2.08 Billion |
| 2005 | 21.40% | 23.51% | 0.42x | 2.16x | $1.83 Billion |
| 2006 | 32.36% | 34.47% | 0.47x | 2.01x | $3.91 Billion |
| 2007 | 19.12% | 18.24% | 0.46x | 2.27x | $1.89 Billion |
| 2008 | 25.87% | 28.23% | 0.45x | 2.06x | $3.65 Billion |
| 2009 | 11.21% | 16.75% | 0.33x | 2.04x | $200.60 Million |
| 2010 | 8.65% | 16.90% | 0.26x | 1.94x | $-233.70 Million |
| 2011 | 0.06% | 0.06% | 0.36x | 2.73x | $-852.80 Million |
| 2012 | -52.77% | -54.15% | 0.28x | 3.53x | $-3.32 Billion |
| 2013 | 4.59% | 4.03% | 0.33x | 3.43x | $-278.70 Million |
| 2014 | 35.02% | 42.30% | 0.33x | 2.54x | $2.42 Billion |
| 2015 | -83.75% | -116.80% | 0.28x | 2.54x | $-5.78 Billion |
| 2016 | -15.41% | -32.35% | 0.20x | 2.39x | $-1.56 Billion |
| 2017 | 12.29% | 18.61% | 0.29x | 2.27x | $154.20 Million |
| 2018 | 14.35% | 18.00% | 0.39x | 2.06x | $324.30 Million |
| 2019 | 2.36% | 3.48% | 0.31x | 2.16x | $-759.00 Million |
| 2020 | -158.90% | -100.16% | 0.42x | 3.77x | $-6.48 Billion |
| 2021 | 27.91% | 16.35% | 0.62x | 2.77x | $908.60 Million |
| 2022 | 47.30% | 29.18% | 0.83x | 1.96x | $2.87 Billion |
| 2023 | 20.11% | 19.16% | 0.54x | 1.93x | $1.05 Billion |
| 2024 | 10.89% | 12.29% | 0.48x | 1.86x | $91.90 Million |
| 2025 | 11.09% | 14.22% | 0.43x | 1.82x | $122.50 Million |
Industry Comparison
This section compares Ovintiv Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,916,868,430
- Average return on equity (ROE) among peers: -41.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ovintiv Inc (OVV) | $11.56 Billion | 32.28% | 5.72x | $16.74 Billion |
| Amplify Energy Corp (AMPY) | $434.21 Million | -8.11% | 1.02x | $163.12 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $1.22 Million | -424.63% | 26.72x | $104.50 Million |
| APA Corporation (APA) | $7.68 Billion | -18.30% | 1.93x | $12.57 Billion |
| Antero Resources Corp (AR) | $6.97 Billion | -4.88% | 1.18x | $10.74 Billion |
| Battalion Oil Corp (BATL) | $-526.00K | 0.00% | 0.00x | $31.10 Million |
| BKV Corporation (BKV) | $2.07 Billion | 8.38% | 0.51x | $2.68 Billion |
| Barnwell Industries Inc (BRN) | $29.56 Million | 29.47% | 1.20x | $15.66 Million |
| Berry Petroleum Corp (BRY) | $1.01 Billion | 14.62% | 0.68x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $910.65 Million | -10.99% | 0.17x | $2.83 Billion |
| Chord Energy Corp (CHRD) | $71.30 Million | 0.00% | 0.61x | $5.96 Billion |
About Ovintiv Inc
Ovintiv Inc., together with its subsidiaries, operates as an oil and natural gas exploration and production company in North America. The company operates through USA Operations and Canadian Operations segments. It is involved in the exploration, development, production, and marketing of oil, NGLs, natural gas and other related activities in the Permian in West Texas and Anadarko in West-central … Read more