Ovintiv
OVV
Operating Margin for Ovintiv (OVV)
Operating Margin as of April 2024 (TTM): 29.03%
According to Ovintiv's latest financial reports and stock price the company's current Operating Margin is 29.03%. At the end of 2022 the company had an Operating Margin of 28.56%.
Operating Margin history for Ovintiv from 2002 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 28.56% | 99.59% |
| 2021 | 14.31% | -115.2% |
| 2020 | -94.14% | -2110.01% |
| 2019 | 4.68% | -76.08% |
| 2018 | 19.58% | -39.16% |
| 2017 | 32.19% | -157.97% |
| 2016 | -55.52% | -69.35% |
| 2015 | -181.14% | -413.8% |
| 2014 | 57.73% | -28279.62% |
| 2013 | -0.20% | -99.78% |
| 2012 | -93.62% | -36132.49% |
| 2011 | 0.26% | -98.88% |
| 2010 | 23.22% | 33.12% |
| 2009 | 17.45% | -38.85% |
| 2008 | 28.53% | 26.91% |
| 2007 | 22.48% | -46.91% |
| 2006 | 42.34% | 47.72% |
| 2005 | 28.66% | 17.99% |
| 2004 | 24.29% | -4.99% |
| 2003 | 25.57% | 38.89% |
| 2002 | 18.41% | -4.97% |
| 2001 | 19.37% |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.