Ovintiv Inc. Annual Operating Margin in % from 2017 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Ovintiv Inc. quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Ovintiv Inc. Operating Margin for the quarter ending June 30, 2024 was 25.9 %, a 18.3% decline year-over-year.
  • Ovintiv Inc. annual Operating Margin for 2023 was 26.3 %, a 14.9% decline from 2022.
  • Ovintiv Inc. annual Operating Margin for 2022 was 30.9 %, a 76.2% increase from 2021.
  • Ovintiv Inc. annual Operating Margin for 2021 was 17.5 %.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 26.3 -4.6 -14.9% Jan 1, 2023 Dec 31, 2023
2022 30.9 +13.4 +76.2% Jan 1, 2022 Dec 31, 2022
2021 17.5 +106 Jan 1, 2021 Dec 31, 2021
2020 -88.7 -97.6 -1097% Jan 1, 2020 Dec 31, 2020
2019 8.89 -19.6 -68.8% Jan 1, 2019 Dec 31, 2019
2018 28.5 +4.49 +18.7% Jan 1, 2018 Dec 31, 2018
2017 24 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.