Ovintiv Inc (OVV)
39.96
+0.01
(+0.03%)
USD |
NYSE |
Nov 05, 16:00
39.96
0.00 (0.00%)
After-Hours: 16:14
Ovintiv Gross Profit Margin (Quarterly): 56.21% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 56.21% |
| March 31, 2024 | 53.70% |
| December 31, 2023 | 61.31% |
| September 30, 2023 | 46.36% |
| June 30, 2023 | 52.84% |
| March 31, 2023 | 54.96% |
| December 31, 2022 | 60.31% |
| September 30, 2022 | 61.31% |
| June 30, 2022 | 59.56% |
| March 31, 2022 | 27.61% |
| December 31, 2021 | 63.70% |
| September 30, 2021 | 36.67% |
| June 30, 2021 | 33.98% |
| March 31, 2021 | 47.12% |
| December 31, 2020 | 49.28% |
| September 30, 2020 | 34.87% |
| June 30, 2020 | -15.56% |
| March 31, 2020 | 62.77% |
| December 31, 2019 | 43.32% |
| September 30, 2019 | 53.23% |
| June 30, 2019 | 59.76% |
| March 31, 2019 | 41.46% |
| December 31, 2018 | 71.31% |
| September 30, 2018 | 46.43% |
| June 30, 2018 | 40.69% |
| Date | Value |
|---|---|
| March 31, 2018 | 56.05% |
| December 31, 2017 | 58.84% |
| September 30, 2017 | 49.01% |
| June 30, 2017 | 62.23% |
| March 31, 2017 | 69.98% |
| December 31, 2016 | 45.62% |
| September 30, 2016 | 59.04% |
| June 30, 2016 | 6.87% |
| March 31, 2016 | 52.59% |
| December 31, 2015 | 64.11% |
| September 30, 2015 | 65.70% |
| June 30, 2015 | 38.43% |
| March 31, 2015 | 50.04% |
| December 31, 2014 | 59.58% |
| September 30, 2014 | 57.68% |
| June 30, 2014 | 63.79% |
| March 31, 2014 | 63.37% |
| December 31, 2013 | 57.70% |
| September 30, 2013 | 63.51% |
| June 30, 2013 | 72.43% |
| March 31, 2013 | 50.71% |
| December 31, 2012 | 64.80% |
| September 30, 2012 | 45.66% |
| June 30, 2012 | 21.75% |
| March 31, 2012 | 60.20% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-15.56%
Minimum
Jun 2020
63.70%
Maximum
Dec 2021
46.86%
Average
52.84%
Median
Jun 2023
Gross Profit Margin (Quarterly) Benchmarks
| Coterra Energy Inc | 35.03% |
| Occidental Petroleum Corp | 37.38% |
| APA Corp | 45.77% |
| Diamondback Energy Inc | 49.44% |
| PEDEVCO Corp | 34.04% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 19.47% |
| Return on Assets | 9.79% |
| Return on Invested Capital | 12.10% |
| Profit Margin (Quarterly) | 14.86% |
| Operating Margin (Quarterly) | 24.26% |
| Return on Net Operating Assets | 10.35% |