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Side-by-side financial comparison of F&G Annuities & Life, Inc. (FG) and Ovintiv Inc. (OVV). Click either name above to swap in a different company.
Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.8B, roughly 1.2× F&G Annuities & Life, Inc.). Ovintiv Inc. runs the higher net margin — 46.1% vs 7.3%, a 38.8% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs -6.0%). Over the past eight quarters, F&G Annuities & Life, Inc.'s revenue compounded faster (6.1% CAGR vs -7.2%).
F&G Annuities & Life, Inc. is a public company headquartered in Des Moines, Iowa. It primarily provides annuities, life insurance, and pension buyout services. The company was founded in 1959.
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.
FG vs OVV — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $2.1B |
| Net Profit | $128.0M | $946.0M |
| Gross Margin | — | — |
| Operating Margin | — | 21.2% |
| Net Margin | 7.3% | 46.1% |
| Revenue YoY | 13.2% | -6.0% |
| Net Profit YoY | -60.9% | 1676.7% |
| EPS (diluted) | $0.97 | $3.64 |
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.
| Q4 25 | $1.8B | $2.1B | ||
| Q3 25 | $1.7B | $2.0B | ||
| Q2 25 | $1.4B | $2.2B | ||
| Q1 25 | $908.0M | $2.4B | ||
| Q4 24 | $1.6B | $2.2B | ||
| Q3 24 | $1.4B | $2.2B | ||
| Q2 24 | $1.2B | $2.2B | ||
| Q1 24 | $1.6B | $2.4B |
| Q4 25 | $128.0M | $946.0M | ||
| Q3 25 | $118.0M | $148.0M | ||
| Q2 25 | $40.0M | $307.0M | ||
| Q1 25 | $-21.0M | $-159.0M | ||
| Q4 24 | $327.0M | $-60.0M | ||
| Q3 24 | $-6.0M | $507.0M | ||
| Q2 24 | $203.0M | $340.0M | ||
| Q1 24 | $115.0M | $338.0M |
| Q4 25 | — | 21.2% | ||
| Q3 25 | — | 13.5% | ||
| Q2 25 | — | 23.1% | ||
| Q1 25 | — | -3.7% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 24.2% | ||
| Q2 24 | — | 25.4% | ||
| Q1 24 | — | 20.7% |
| Q4 25 | 7.3% | 46.1% | ||
| Q3 25 | 7.0% | 7.3% | ||
| Q2 25 | 2.9% | 13.9% | ||
| Q1 25 | -2.3% | -6.7% | ||
| Q4 24 | 21.0% | -2.7% | ||
| Q3 24 | -0.4% | 23.3% | ||
| Q2 24 | 17.3% | 15.5% | ||
| Q1 24 | 7.3% | 14.2% |
| Q4 25 | $0.97 | $3.64 | ||
| Q3 25 | $0.85 | $0.57 | ||
| Q2 25 | $0.26 | $1.18 | ||
| Q1 25 | $-0.20 | $-0.61 | ||
| Q4 24 | $2.53 | $-0.22 | ||
| Q3 24 | $-0.08 | $1.92 | ||
| Q2 24 | $1.55 | $1.27 | ||
| Q1 24 | $0.88 | $1.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.5B | $280.0M |
| Total DebtLower is stronger | $2.2B | $5.2B |
| Stockholders' EquityBook value | $4.8B | $11.2B |
| Total Assets | $98.4B | $20.4B |
| Debt / EquityLower = less leverage | 0.47× | 0.46× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5B | $280.0M | ||
| Q3 25 | $2.2B | $25.0M | ||
| Q2 25 | $1.9B | $20.0M | ||
| Q1 25 | $3.3B | $8.0M | ||
| Q4 24 | $2.3B | $42.0M | ||
| Q3 24 | $3.5B | $9.0M | ||
| Q2 24 | $3.5B | $8.0M | ||
| Q1 24 | $2.4B | $5.0M |
| Q4 25 | $2.2B | $5.2B | ||
| Q3 25 | $2.2B | $5.2B | ||
| Q2 25 | $2.2B | $5.3B | ||
| Q1 25 | $2.2B | $5.5B | ||
| Q4 24 | $2.2B | $5.5B | ||
| Q3 24 | $2.0B | $5.9B | ||
| Q2 24 | $2.0B | $6.1B | ||
| Q1 24 | $1.7B | $6.2B |
| Q4 25 | $4.8B | $11.2B | ||
| Q3 25 | $4.8B | $10.2B | ||
| Q2 25 | $4.4B | $10.4B | ||
| Q1 25 | $4.4B | $10.1B | ||
| Q4 24 | $4.0B | $10.3B | ||
| Q3 24 | $4.3B | $10.7B | ||
| Q2 24 | $3.7B | $10.3B | ||
| Q1 24 | $3.5B | $10.3B |
| Q4 25 | $98.4B | $20.4B | ||
| Q3 25 | $96.1B | $19.4B | ||
| Q2 25 | $91.8B | $19.7B | ||
| Q1 25 | $88.0B | $19.6B | ||
| Q4 24 | $85.0B | $19.3B | ||
| Q3 24 | $84.1B | $19.9B | ||
| Q2 24 | $78.5B | $19.8B | ||
| Q1 24 | $74.4B | $19.8B |
| Q4 25 | 0.47× | 0.46× | ||
| Q3 25 | 0.46× | 0.51× | ||
| Q2 25 | 0.50× | 0.51× | ||
| Q1 25 | 0.51× | 0.55× | ||
| Q4 24 | 0.55× | 0.53× | ||
| Q3 24 | 0.47× | 0.55× | ||
| Q2 24 | 0.56× | 0.59× | ||
| Q1 24 | 0.49× | 0.60× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.2B | $954.0M |
| Free Cash FlowOCF − Capex | — | $489.0M |
| FCF MarginFCF / Revenue | — | 23.8% |
| Capex IntensityCapex / Revenue | — | 22.6% |
| Cash ConversionOCF / Net Profit | 9.13× | 1.01× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.2B | $954.0M | ||
| Q3 25 | $937.0M | $812.0M | ||
| Q2 25 | $1.6B | $1.0B | ||
| Q1 25 | $956.0M | $873.0M | ||
| Q4 24 | $1.3B | $1.0B | ||
| Q3 24 | $2.1B | $1.0B | ||
| Q2 24 | $1.1B | $1.0B | ||
| Q1 24 | $1.5B | $659.0M |
| Q4 25 | — | $489.0M | ||
| Q3 25 | — | $268.0M | ||
| Q2 25 | — | $492.0M | ||
| Q1 25 | — | $256.0M | ||
| Q4 24 | — | $468.0M | ||
| Q3 24 | — | $484.0M | ||
| Q2 24 | — | $398.0M | ||
| Q1 24 | — | $68.0M |
| Q4 25 | — | 23.8% | ||
| Q3 25 | — | 13.3% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 22.2% | ||
| Q2 24 | — | 18.1% | ||
| Q1 24 | — | 2.8% |
| Q4 25 | — | 22.6% | ||
| Q3 25 | — | 26.9% | ||
| Q2 25 | — | 23.5% | ||
| Q1 25 | — | 26.0% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 28.4% | ||
| Q1 24 | — | 24.8% |
| Q4 25 | 9.13× | 1.01× | ||
| Q3 25 | 7.94× | 5.49× | ||
| Q2 25 | 40.50× | 3.30× | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.04× | — | ||
| Q3 24 | — | 2.02× | ||
| Q2 24 | 5.20× | 3.00× | ||
| Q1 24 | 13.34× | 1.95× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FG
Segment breakdown not available.
OVV
| Product And Service Revenue | $1.7B | 84% |
| Sales Of Purchased Product | $338.0M | 16% |
