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Side-by-side financial comparison of OLD REPUBLIC INTERNATIONAL CORP (ORI) and Ovintiv Inc. (OVV). Click either name above to swap in a different company.

OLD REPUBLIC INTERNATIONAL CORP is the larger business by last-quarter revenue ($2.4B vs $2.1B, roughly 1.2× Ovintiv Inc.). Ovintiv Inc. runs the higher net margin — 46.1% vs 13.8%, a 32.3% gap on every dollar of revenue. On growth, OLD REPUBLIC INTERNATIONAL CORP posted the faster year-over-year revenue change (6.7% vs -6.0%). Over the past eight quarters, OLD REPUBLIC INTERNATIONAL CORP's revenue compounded faster (13.2% CAGR vs -7.2%).

Old Republic International Corporation is an American property insurance and title insurance company. The company is headquartered in Chicago, Illinois.

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.

ORI vs OVV — Head-to-Head

Bigger by revenue
ORI
ORI
1.2× larger
ORI
$2.4B
$2.1B
OVV
Growing faster (revenue YoY)
ORI
ORI
+12.7% gap
ORI
6.7%
-6.0%
OVV
Higher net margin
OVV
OVV
32.3% more per $
OVV
46.1%
13.8%
ORI
Faster 2-yr revenue CAGR
ORI
ORI
Annualised
ORI
13.2%
-7.2%
OVV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ORI
ORI
OVV
OVV
Revenue
$2.4B
$2.1B
Net Profit
$330.0M
$946.0M
Gross Margin
Operating Margin
21.2%
Net Margin
13.8%
46.1%
Revenue YoY
6.7%
-6.0%
Net Profit YoY
-145.5%
1676.7%
EPS (diluted)
$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
ORI
ORI
OVV
OVV
Q1 26
$2.4B
Q4 25
$2.4B
$2.1B
Q3 25
$2.4B
$2.0B
Q2 25
$2.2B
$2.2B
Q1 25
$2.1B
$2.4B
Q4 24
$2.0B
$2.2B
Q3 24
$2.3B
$2.2B
Q2 24
$1.9B
$2.2B
Net Profit
ORI
ORI
OVV
OVV
Q1 26
$330.0M
Q4 25
$206.5M
$946.0M
Q3 25
$279.5M
$148.0M
Q2 25
$204.4M
$307.0M
Q1 25
$245.0M
$-159.0M
Q4 24
$105.3M
$-60.0M
Q3 24
$338.9M
$507.0M
Q2 24
$91.8M
$340.0M
Operating Margin
ORI
ORI
OVV
OVV
Q1 26
Q4 25
21.2%
Q3 25
14.6%
13.5%
Q2 25
11.8%
23.1%
Q1 25
14.6%
-3.7%
Q4 24
0.1%
Q3 24
18.2%
24.2%
Q2 24
6.1%
25.4%
Net Margin
ORI
ORI
OVV
OVV
Q1 26
13.8%
Q4 25
8.6%
46.1%
Q3 25
11.5%
7.3%
Q2 25
9.3%
13.9%
Q1 25
11.6%
-6.7%
Q4 24
5.3%
-2.7%
Q3 24
14.5%
23.3%
Q2 24
4.9%
15.5%
EPS (diluted)
ORI
ORI
OVV
OVV
Q1 26
Q4 25
$0.82
$3.64
Q3 25
$1.11
$0.57
Q2 25
$0.81
$1.18
Q1 25
$0.98
$-0.61
Q4 24
$0.42
$-0.22
Q3 24
$1.32
$1.92
Q2 24
$0.35
$1.27

Balance Sheet & Financial Strength

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

Metric
ORI
ORI
OVV
OVV
Cash + ST InvestmentsLiquidity on hand
$280.0M
Total DebtLower is stronger
$5.2B
Stockholders' EquityBook value
$5.9M
$11.2B
Total Assets
$29.6M
$20.4B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORI
ORI
OVV
OVV
Q1 26
Q4 25
$280.0M
Q3 25
$25.0M
Q2 25
$20.0M
Q1 25
$8.0M
Q4 24
$42.0M
Q3 24
$9.0M
Q2 24
$8.0M
Total Debt
ORI
ORI
OVV
OVV
Q1 26
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
Stockholders' Equity
ORI
ORI
OVV
OVV
Q1 26
$5.9M
Q4 25
$5.9B
$11.2B
Q3 25
$6.4B
$10.2B
Q2 25
$6.2B
$10.4B
Q1 25
$5.9B
$10.1B
Q4 24
$5.6B
$10.3B
Q3 24
$6.4B
$10.7B
Q2 24
$6.0B
$10.3B
Total Assets
ORI
ORI
OVV
OVV
Q1 26
$29.6M
Q4 25
$29.9B
$20.4B
Q3 25
$30.3B
$19.4B
Q2 25
$29.3B
$19.7B
Q1 25
$28.0B
$19.6B
Q4 24
$27.8B
$19.3B
Q3 24
$28.8B
$19.9B
Q2 24
$27.5B
$19.8B
Debt / Equity
ORI
ORI
OVV
OVV
Q1 26
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×

Cash Flow & Capital Efficiency

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

Metric
ORI
ORI
OVV
OVV
Operating Cash FlowLast quarter
$954.0M
Free Cash FlowOCF − Capex
$489.0M
FCF MarginFCF / Revenue
23.8%
Capex IntensityCapex / Revenue
22.6%
Cash ConversionOCF / Net Profit
1.01×
TTM Free Cash FlowTrailing 4 quarters
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORI
ORI
OVV
OVV
Q1 26
Q4 25
$234.9M
$954.0M
Q3 25
$563.9M
$812.0M
Q2 25
$133.8M
$1.0B
Q1 25
$231.7M
$873.0M
Q4 24
$361.7M
$1.0B
Q3 24
$474.8M
$1.0B
Q2 24
$236.5M
$1.0B
Free Cash Flow
ORI
ORI
OVV
OVV
Q1 26
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
FCF Margin
ORI
ORI
OVV
OVV
Q1 26
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%
Capex Intensity
ORI
ORI
OVV
OVV
Q1 26
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%
Cash Conversion
ORI
ORI
OVV
OVV
Q1 26
Q4 25
1.14×
1.01×
Q3 25
2.02×
5.49×
Q2 25
0.65×
3.30×
Q1 25
0.95×
Q4 24
3.43×
Q3 24
1.40×
2.02×
Q2 24
2.58×
3.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ORI
ORI

operating$2.2B92%
net investment gains$201.8M8%

OVV
OVV

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

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