vs

Side-by-side financial comparison of Grab Holdings Ltd (GRAB) 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 $1.5B, roughly 1.4× Grab Holdings Ltd). Ovintiv Inc. runs the higher net margin — 46.1% vs 1.8%, a 44.3% gap on every dollar of revenue.

Grab Holdings Inc. is a Singaporean multinational technology company headquartered in one-north, Singapore. It is the developer of a super-app for ride-hailing, food delivery, and digital payment services on mobile devices. It operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.

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.

GRAB vs OVV — Head-to-Head

Bigger by revenue
OVV
OVV
1.4× larger
OVV
$2.1B
$1.5B
GRAB
Higher net margin
OVV
OVV
44.3% more per $
OVV
46.1%
1.8%
GRAB

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
GRAB
GRAB
OVV
OVV
Revenue
$1.5B
$2.1B
Net Profit
$26.0M
$946.0M
Gross Margin
43.1%
Operating Margin
-2.5%
21.2%
Net Margin
1.8%
46.1%
Revenue YoY
-6.0%
Net Profit YoY
1676.7%
EPS (diluted)
$0.01
$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.

Revenue
GRAB
GRAB
OVV
OVV
Q4 25
$2.1B
Q3 25
$2.0B
Q2 25
$2.2B
Q1 25
$2.4B
Q4 24
$1.5B
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
Q1 24
$2.4B
Net Profit
GRAB
GRAB
OVV
OVV
Q4 25
$946.0M
Q3 25
$148.0M
Q2 25
$307.0M
Q1 25
$-159.0M
Q4 24
$26.0M
$-60.0M
Q3 24
$507.0M
Q2 24
$340.0M
Q1 24
$338.0M
Gross Margin
GRAB
GRAB
OVV
OVV
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
43.1%
Q3 24
Q2 24
Q1 24
Operating Margin
GRAB
GRAB
OVV
OVV
Q4 25
21.2%
Q3 25
13.5%
Q2 25
23.1%
Q1 25
-3.7%
Q4 24
-2.5%
0.1%
Q3 24
24.2%
Q2 24
25.4%
Q1 24
20.7%
Net Margin
GRAB
GRAB
OVV
OVV
Q4 25
46.1%
Q3 25
7.3%
Q2 25
13.9%
Q1 25
-6.7%
Q4 24
1.8%
-2.7%
Q3 24
23.3%
Q2 24
15.5%
Q1 24
14.2%
EPS (diluted)
GRAB
GRAB
OVV
OVV
Q4 25
$3.64
Q3 25
$0.57
Q2 25
$1.18
Q1 25
$-0.61
Q4 24
$0.01
$-0.22
Q3 24
$1.92
Q2 24
$1.27
Q1 24
$1.24

Balance Sheet & Financial Strength

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

Metric
GRAB
GRAB
OVV
OVV
Cash + ST InvestmentsLiquidity on hand
$3.0B
$280.0M
Total DebtLower is stronger
$5.2B
Stockholders' EquityBook value
$6.4B
$11.2B
Total Assets
$9.3B
$20.4B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRAB
GRAB
OVV
OVV
Q4 25
$280.0M
Q3 25
$25.0M
Q2 25
$20.0M
Q1 25
$8.0M
Q4 24
$3.0B
$42.0M
Q3 24
$9.0M
Q2 24
$8.0M
Q1 24
$5.0M
Total Debt
GRAB
GRAB
OVV
OVV
Q4 25
$5.2B
Q3 25
$5.2B
Q2 25
$5.3B
Q1 25
$5.5B
Q4 24
$5.5B
Q3 24
$5.9B
Q2 24
$6.1B
Q1 24
$6.2B
Stockholders' Equity
GRAB
GRAB
OVV
OVV
Q4 25
$11.2B
Q3 25
$10.2B
Q2 25
$10.4B
Q1 25
$10.1B
Q4 24
$6.4B
$10.3B
Q3 24
$10.7B
Q2 24
$10.3B
Q1 24
$10.3B
Total Assets
GRAB
GRAB
OVV
OVV
Q4 25
$20.4B
Q3 25
$19.4B
Q2 25
$19.7B
Q1 25
$19.6B
Q4 24
$9.3B
$19.3B
Q3 24
$19.9B
Q2 24
$19.8B
Q1 24
$19.8B
Debt / Equity
GRAB
GRAB
OVV
OVV
Q4 25
0.46×
Q3 25
0.51×
Q2 25
0.51×
Q1 25
0.55×
Q4 24
0.53×
Q3 24
0.55×
Q2 24
0.59×
Q1 24
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
GRAB
GRAB
OVV
OVV
Operating Cash FlowLast quarter
$591.0M
$954.0M
Free Cash FlowOCF − Capex
$489.0M
FCF MarginFCF / Revenue
23.8%
Capex IntensityCapex / Revenue
22.6%
Cash ConversionOCF / Net Profit
22.73×
1.01×
TTM Free Cash FlowTrailing 4 quarters
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRAB
GRAB
OVV
OVV
Q4 25
$954.0M
Q3 25
$812.0M
Q2 25
$1.0B
Q1 25
$873.0M
Q4 24
$591.0M
$1.0B
Q3 24
$1.0B
Q2 24
$1.0B
Q1 24
$659.0M
Free Cash Flow
GRAB
GRAB
OVV
OVV
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
FCF Margin
GRAB
GRAB
OVV
OVV
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%
Capex Intensity
GRAB
GRAB
OVV
OVV
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%
Cash Conversion
GRAB
GRAB
OVV
OVV
Q4 25
1.01×
Q3 25
5.49×
Q2 25
3.30×
Q1 25
Q4 24
22.73×
Q3 24
2.02×
Q2 24
3.00×
Q1 24
1.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GRAB
GRAB

Segment breakdown not available.

OVV
OVV

Product And Service Revenue$1.7B84%
Sales Of Purchased Product$338.0M16%

Related Comparisons