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Side-by-side financial comparison of TopBuild Corp (BLD) and Ovintiv Inc. (OVV). Click either name above to swap in a different company.

Ovintiv Inc. is the larger business by last-quarter revenue ($2.5B vs $1.4B, roughly 1.8× TopBuild Corp). Ovintiv Inc. runs the higher net margin — 49.1% vs 7.2%, a 41.8% gap on every dollar of revenue. On growth, TopBuild Corp posted the faster year-over-year revenue change (17.2% vs 6.5%). Over the past eight quarters, Ovintiv Inc.'s revenue compounded faster (7.5% CAGR vs 2.9%).

HashiCorp, Inc. is an American software company with a freemium business model based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.

Ovintiv Inc. is a U.S. petroleum company based in Denver. The company was formed in 2020 through a restructuring of its Canadian predecessor, Encana.

BLD vs OVV — Head-to-Head

Bigger by revenue
OVV
OVV
1.8× larger
OVV
$2.5B
$1.4B
BLD
Growing faster (revenue YoY)
BLD
BLD
+10.7% gap
BLD
17.2%
6.5%
OVV
Higher net margin
OVV
OVV
41.8% more per $
OVV
49.1%
7.2%
BLD
Faster 2-yr revenue CAGR
OVV
OVV
Annualised
OVV
7.5%
2.9%
BLD

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BLD
BLD
OVV
OVV
Revenue
$1.4B
$2.5B
Net Profit
$104.8M
$1.2B
Gross Margin
27.7%
Operating Margin
12.1%
-29.8%
Net Margin
7.2%
49.1%
Revenue YoY
17.2%
6.5%
Net Profit YoY
-15.1%
EPS (diluted)
$3.73
$4.78

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BLD
BLD
OVV
OVV
Q1 26
$1.4B
$2.5B
Q4 25
$1.5B
$2.1B
Q3 25
$1.4B
$2.0B
Q2 25
$1.3B
$2.2B
Q1 25
$1.2B
$2.4B
Q4 24
$1.3B
$2.2B
Q3 24
$1.4B
$2.2B
Q2 24
$1.4B
$2.2B
Net Profit
BLD
BLD
OVV
OVV
Q1 26
$104.8M
$1.2B
Q4 25
$104.5M
$946.0M
Q3 25
$142.2M
$148.0M
Q2 25
$151.6M
$307.0M
Q1 25
$123.4M
$-159.0M
Q4 24
$150.5M
$-60.0M
Q3 24
$169.0M
$507.0M
Q2 24
$150.7M
$340.0M
Gross Margin
BLD
BLD
OVV
OVV
Q1 26
27.7%
Q4 25
27.2%
Q3 25
30.1%
Q2 25
30.4%
Q1 25
28.5%
Q4 24
29.9%
Q3 24
30.7%
Q2 24
31.0%
Operating Margin
BLD
BLD
OVV
OVV
Q1 26
12.1%
-29.8%
Q4 25
12.1%
21.2%
Q3 25
15.4%
13.5%
Q2 25
16.9%
23.1%
Q1 25
14.4%
-3.7%
Q4 24
16.6%
0.1%
Q3 24
17.8%
24.2%
Q2 24
15.4%
25.4%
Net Margin
BLD
BLD
OVV
OVV
Q1 26
7.2%
49.1%
Q4 25
7.0%
46.1%
Q3 25
10.2%
7.3%
Q2 25
11.7%
13.9%
Q1 25
10.0%
-6.7%
Q4 24
11.5%
-2.7%
Q3 24
12.3%
23.3%
Q2 24
11.0%
15.5%
EPS (diluted)
BLD
BLD
OVV
OVV
Q1 26
$3.73
$4.78
Q4 25
$3.69
$3.64
Q3 25
$5.04
$0.57
Q2 25
$5.32
$1.18
Q1 25
$4.23
$-0.61
Q4 24
$5.07
$-0.22
Q3 24
$5.65
$1.92
Q2 24
$4.78
$1.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BLD
BLD
OVV
OVV
Cash + ST InvestmentsLiquidity on hand
$268.8M
$26.0K
Total DebtLower is stronger
$2.8B
$6.4M
Stockholders' EquityBook value
$2.4B
Total Assets
$6.7B
$10.7M
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLD
BLD
OVV
OVV
Q1 26
$268.8M
$26.0K
Q4 25
$184.7M
$280.0M
Q3 25
$1.1B
$25.0M
Q2 25
$842.5M
$20.0M
Q1 25
$308.8M
$8.0M
Q4 24
$400.3M
$42.0M
Q3 24
$257.3M
$9.0M
Q2 24
$463.2M
$8.0M
Total Debt
BLD
BLD
OVV
OVV
Q1 26
$2.8B
$6.4M
Q4 25
$2.8B
$5.2B
Q3 25
$2.9B
$5.2B
Q2 25
$1.9B
$5.3B
Q1 25
$1.4B
$5.5B
Q4 24
$1.4B
$5.5B
Q3 24
$1.4B
$5.9B
Q2 24
$1.4B
$6.1B
Stockholders' Equity
BLD
BLD
OVV
OVV
Q1 26
$2.4B
Q4 25
$2.3B
$11.2B
Q3 25
$2.2B
$10.2B
Q2 25
$2.1B
$10.4B
Q1 25
$2.1B
$10.1B
Q4 24
$2.2B
$10.3B
Q3 24
$2.1B
$10.7B
Q2 24
$2.4B
$10.3B
Total Assets
BLD
BLD
OVV
OVV
Q1 26
$6.7B
$10.7M
Q4 25
$6.6B
$20.4B
Q3 25
$6.4B
$19.4B
Q2 25
$5.1B
$19.7B
Q1 25
$4.6B
$19.6B
Q4 24
$4.7B
$19.3B
Q3 24
$4.7B
$19.9B
Q2 24
$4.9B
$19.8B
Debt / Equity
BLD
BLD
OVV
OVV
Q1 26
1.18×
Q4 25
1.23×
0.46×
Q3 25
1.29×
0.51×
Q2 25
0.88×
0.51×
Q1 25
0.65×
0.55×
Q4 24
0.62×
0.53×
Q3 24
0.66×
0.55×
Q2 24
0.59×
0.59×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BLD
BLD
OVV
OVV
Operating Cash FlowLast quarter
$160.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
22.6%
Cash ConversionOCF / Net Profit
1.53×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLD
BLD
OVV
OVV
Q1 26
$160.7M
Q4 25
$176.7M
$954.0M
Q3 25
$233.3M
$812.0M
Q2 25
$193.7M
$1.0B
Q1 25
$152.6M
$873.0M
Q4 24
$266.2M
$1.0B
Q3 24
$240.7M
$1.0B
Q2 24
$90.4M
$1.0B
Free Cash Flow
BLD
BLD
OVV
OVV
Q1 26
Q4 25
$159.4M
$489.0M
Q3 25
$216.2M
$268.0M
Q2 25
$182.2M
$492.0M
Q1 25
$139.2M
$256.0M
Q4 24
$253.7M
$468.0M
Q3 24
$219.8M
$484.0M
Q2 24
$74.3M
$398.0M
FCF Margin
BLD
BLD
OVV
OVV
Q1 26
Q4 25
10.7%
23.8%
Q3 25
15.5%
13.3%
Q2 25
14.0%
22.2%
Q1 25
11.3%
10.8%
Q4 24
19.3%
21.4%
Q3 24
16.0%
22.2%
Q2 24
5.4%
18.1%
Capex Intensity
BLD
BLD
OVV
OVV
Q1 26
22.6%
Q4 25
1.2%
22.6%
Q3 25
1.2%
26.9%
Q2 25
0.9%
23.5%
Q1 25
1.1%
26.0%
Q4 24
1.0%
25.3%
Q3 24
1.5%
24.7%
Q2 24
1.2%
28.4%
Cash Conversion
BLD
BLD
OVV
OVV
Q1 26
1.53×
Q4 25
1.69×
1.01×
Q3 25
1.64×
5.49×
Q2 25
1.28×
3.30×
Q1 25
1.24×
Q4 24
1.77×
Q3 24
1.42×
2.02×
Q2 24
0.60×
3.00×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BLD
BLD

Installation Services$651.1M45%
Specialty Distribution$562.9M39%
Other$231.8M16%

OVV
OVV

Product and service revenues$2.2B88%
Sales of purchased product$356.0M14%
Sublease revenues$18.0M1%

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