Companies: 10,795·Total market cap: $144.5T
Ovintiv Inc.

Ovintiv Inc.

OVVNYSEEnergy● Active
$58.11
+$1.41(+2.49%)
Market Cap$16.3B
P/E Ratio
52W High$63.46
52W Low$35.47

Ovintiv Inc. (OVV) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

OVV · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $1.50B for FY2025 (fiscal year ending 2025-12-31), up 6.1% year-over-year The FCF margin was 17.2%. Five-year CAGR stands at +56.8%.

FY2025 Free Cash Flow$1.50B▲ +6.1% YoY
Trailing 12M (TTM)$3.82Btrailing 4 quarters sum
FCF Margin17.2%$1.50B ÷ revenue
3-Year CAGR-9.6%FY2022 → FY2025
5-Year CAGR+56.8%FY2020 → FY2025
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
ovv free cash flow history · ovv free cash flow chart · ovv free cash flow growth rate · ovv free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$1.50B▲ +6.1%17.2%
FY2024$1.42B▼ 0.4%15.5%
FY2023$1.42B▼ 30.1%13.1%
FY2022$2.04B▲ +26.4%16.3%
FY2021$1.61B▲ +912.6%18.6%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
ovv free cash flow 2025 · ovv free cash flow 2024 · ovv free cash flow 2023 · ovv operating cash flow

FCF valuation metrics

Ovintiv Inc. (OVV) trades at a FCF yield of 23.31% and a price-to-free-cash-flow ratio of 3.9x. FCF per share stands at $14.83, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
23.31%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$14.83
TTM FCF ÷ Shares Outstanding
Price / FCF
x3.9
Share Price ÷ FCF per Share
EV / FCF (TTM)
x6.3
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
ovv price to free cash flow · ovv free cash flow yield · ovv free cash flow per share · ovv price to cash flow ratio

Cash flow statement summary

For FY2025, Ovintiv Inc. generated $3.65B in operating cash flow and spent 2.15B in capital expenditures, yielding $1.50B in free cash flow.

Operating Activities
+$3.65B
Cash from core business operations
2025-12-31
Investing Activities
−$2.88B
CapEx, acquisitions & investments
2025-12-31
Financing Activities
−$762.0M
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($3.65B) − |CapEx| (2.15B) = FCF ($1.50B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement
ovv cash flow statement · ovv cash flow statement 2025 · ovv operating cash flow · ovv cash flow from operations

Free cash flow vs peers (Energy)

#CompanyFree Cash FlowYoY
#1
Ovintiv Inc.
Ovintiv Inc.YOU
OVV
$1.50B+6.1%
#2
Exxon Mobil Corporation
Exxon Mobil Corporation
XOM
$23.61B-23.1%
#3
Shell plc
Shell plc
SHEL
$21.82B-37.8%
#4
Chevron Corporation
Chevron Corporation
CVX
$16.59B+10.3%
#5
TotalEnergies SE
TotalEnergies SE
TTE
$10.81B-32.2%
#6
Enbridge Inc.
Enbridge Inc.
ENB.TO
$3.98B-29.8%
Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Ovintiv Inc. (OVV) reported free cash flow of $1.50B for FY2025 (fiscal year ending 2025-12-31), up 6.1% year-over-year. The FCF margin was 17.2%.

Based on available data, Ovintiv Inc. has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $2.04B in FY2022. The 5-year CAGR stands at +56.8%.

Ovintiv Inc.'s FCF yield is 23.31% and price-to-FCF ratio is 3.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Frequently asked questions

OVV free cash flow · 8 questions

Ovintiv Inc. free cash flow was $1.50B for FY2025, up 6.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $3.82B.

OVV free cash flowOVV FCFOVV FCF 2025OVV free cash flow TTM

Source: FMP /cash-flow-statement · US GAAP · Ovintiv Inc. · Ovintiv Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026