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Side-by-side financial comparison of Ovintiv Inc. (OVV) and PulteGroup (PHM). Click either name above to swap in a different company.
PulteGroup is the larger business by last-quarter revenue ($3.4B vs $2.1B, roughly 1.7× Ovintiv Inc.). Ovintiv Inc. runs the higher net margin — 46.1% vs 10.2%, a 35.9% gap on every dollar of revenue. On growth, Ovintiv Inc. posted the faster year-over-year revenue change (-6.0% vs -12.4%). Over the past eight quarters, Ovintiv Inc.'s revenue compounded faster (-7.2% CAGR vs -13.9%).
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.
PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia, United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes.
OVV vs PHM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $3.4B |
| Net Profit | $946.0M | $347.0M |
| Gross Margin | — | — |
| Operating Margin | 21.2% | — |
| Net Margin | 46.1% | 10.2% |
| Revenue YoY | -6.0% | -12.4% |
| Net Profit YoY | 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.
| Q1 26 | — | $3.4B | ||
| Q4 25 | $2.1B | $4.6B | ||
| Q3 25 | $2.0B | $4.4B | ||
| Q2 25 | $2.2B | $4.4B | ||
| Q1 25 | $2.4B | $3.9B | ||
| Q4 24 | $2.2B | $4.9B | ||
| Q3 24 | $2.2B | $4.5B | ||
| Q2 24 | $2.2B | $4.6B |
| Q1 26 | — | $347.0M | ||
| Q4 25 | $946.0M | $501.6M | ||
| Q3 25 | $148.0M | $585.8M | ||
| Q2 25 | $307.0M | $608.5M | ||
| Q1 25 | $-159.0M | $522.8M | ||
| Q4 24 | $-60.0M | $913.2M | ||
| Q3 24 | $507.0M | $697.9M | ||
| Q2 24 | $340.0M | $809.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 27.8% | ||
| Q2 25 | — | 28.6% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 30.4% | ||
| Q2 24 | — | 31.4% |
| Q1 26 | — | — | ||
| 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 26 | — | 10.2% | ||
| Q4 25 | 46.1% | 10.9% | ||
| Q3 25 | 7.3% | 13.3% | ||
| Q2 25 | 13.9% | 13.8% | ||
| Q1 25 | -6.7% | 13.4% | ||
| Q4 24 | -2.7% | 18.6% | ||
| Q3 24 | 23.3% | 15.6% | ||
| Q2 24 | 15.5% | 17.6% |
| Q1 26 | — | — | ||
| Q4 25 | $3.64 | $2.56 | ||
| Q3 25 | $0.57 | $2.96 | ||
| Q2 25 | $1.18 | $3.03 | ||
| Q1 25 | $-0.61 | $2.57 | ||
| Q4 24 | $-0.22 | $4.41 | ||
| Q3 24 | $1.92 | $3.35 | ||
| Q2 24 | $1.27 | $3.83 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $280.0M | $1.8B |
| Total DebtLower is stronger | $5.2B | — |
| Stockholders' EquityBook value | $11.2B | $13.0B |
| Total Assets | $20.4B | $5.2B |
| Debt / EquityLower = less leverage | 0.46× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.8B | ||
| Q4 25 | $280.0M | $2.0B | ||
| Q3 25 | $25.0M | $1.5B | ||
| Q2 25 | $20.0M | $1.2B | ||
| Q1 25 | $8.0M | $1.2B | ||
| Q4 24 | $42.0M | $1.6B | ||
| Q3 24 | $9.0M | $1.4B | ||
| Q2 24 | $8.0M | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | $43.9M | ||
| Q3 25 | $5.2B | — | ||
| Q2 25 | $5.3B | — | ||
| Q1 25 | $5.5B | — | ||
| Q4 24 | $5.5B | $31.1M | ||
| Q3 24 | $5.9B | — | ||
| Q2 24 | $6.1B | — |
| Q1 26 | — | $13.0B | ||
| Q4 25 | $11.2B | $13.0B | ||
| Q3 25 | $10.2B | $12.8B | ||
| Q2 25 | $10.4B | $12.6B | ||
| Q1 25 | $10.1B | $12.3B | ||
| Q4 24 | $10.3B | $12.1B | ||
| Q3 24 | $10.7B | $11.6B | ||
| Q2 24 | $10.3B | $11.2B |
| Q1 26 | — | $5.2B | ||
| Q4 25 | $20.4B | $18.0B | ||
| Q3 25 | $19.4B | $17.9B | ||
| Q2 25 | $19.7B | $17.6B | ||
| Q1 25 | $19.6B | $17.3B | ||
| Q4 24 | $19.3B | $17.4B | ||
| Q3 24 | $19.9B | $17.0B | ||
| Q2 24 | $19.8B | $16.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.46× | 0.00× | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.51× | — | ||
| Q1 25 | 0.55× | — | ||
| Q4 24 | 0.53× | 0.00× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $954.0M | $159.8M |
| Free Cash FlowOCF − Capex | $489.0M | — |
| FCF MarginFCF / Revenue | 23.8% | — |
| Capex IntensityCapex / Revenue | 22.6% | 0.7% |
| Cash ConversionOCF / Net Profit | 1.01× | 0.46× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $159.8M | ||
| Q4 25 | $954.0M | $771.1M | ||
| Q3 25 | $812.0M | $678.4M | ||
| Q2 25 | $1.0B | $287.5M | ||
| Q1 25 | $873.0M | $134.2M | ||
| Q4 24 | $1.0B | $567.6M | ||
| Q3 24 | $1.0B | $455.9M | ||
| Q2 24 | $1.0B | $417.5M |
| Q1 26 | — | — | ||
| Q4 25 | $489.0M | $739.8M | ||
| Q3 25 | $268.0M | $651.1M | ||
| Q2 25 | $492.0M | $253.0M | ||
| Q1 25 | $256.0M | $104.6M | ||
| Q4 24 | $468.0M | $543.1M | ||
| Q3 24 | $484.0M | $417.2M | ||
| Q2 24 | $398.0M | $386.2M |
| Q1 26 | — | — | ||
| Q4 25 | 23.8% | 16.0% | ||
| Q3 25 | 13.3% | 14.8% | ||
| Q2 25 | 22.2% | 5.7% | ||
| Q1 25 | 10.8% | 2.7% | ||
| Q4 24 | 21.4% | 11.0% | ||
| Q3 24 | 22.2% | 9.3% | ||
| Q2 24 | 18.1% | 8.4% |
| Q1 26 | — | 0.7% | ||
| Q4 25 | 22.6% | 0.7% | ||
| Q3 25 | 26.9% | 0.6% | ||
| Q2 25 | 23.5% | 0.8% | ||
| Q1 25 | 26.0% | 0.8% | ||
| Q4 24 | 25.3% | 0.5% | ||
| Q3 24 | 24.7% | 0.9% | ||
| Q2 24 | 28.4% | 0.7% |
| Q1 26 | — | 0.46× | ||
| Q4 25 | 1.01× | 1.54× | ||
| Q3 25 | 5.49× | 1.16× | ||
| Q2 25 | 3.30× | 0.47× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.62× | ||
| Q3 24 | 2.02× | 0.65× | ||
| Q2 24 | 3.00× | 0.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OVV
| Product And Service Revenue | $1.7B | 84% |
| Sales Of Purchased Product | $338.0M | 16% |
PHM
| Home sale revenues | $3.3B | 97% |
| Financial Services | $71.7M | 2% |
| Land sale and other revenues | $29.3M | 1% |
