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

QVC INC 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 1.5%, a 44.5% gap on every dollar of revenue. On growth, Ovintiv Inc. posted the faster year-over-year revenue change (-6.0% vs -8.9%). Over the past eight quarters, QVC INC's revenue compounded faster (7.1% CAGR vs -7.2%).

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.

QVC Group, is an American media conglomerate controlled by company chairman John C. Malone, who owns a majority of the voting shares.

OVV vs QVCD — Head-to-Head

Bigger by revenue
QVCD
QVCD
1.2× larger
QVCD
$2.4B
$2.1B
OVV
Growing faster (revenue YoY)
OVV
OVV
+3.0% gap
OVV
-6.0%
-8.9%
QVCD
Higher net margin
OVV
OVV
44.5% more per $
OVV
46.1%
1.5%
QVCD
Faster 2-yr revenue CAGR
QVCD
QVCD
Annualised
QVCD
7.1%
-7.2%
OVV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OVV
OVV
QVCD
QVCD
Revenue
$2.1B
$2.4B
Net Profit
$946.0M
$37.0M
Gross Margin
32.5%
Operating Margin
21.2%
5.6%
Net Margin
46.1%
1.5%
Revenue YoY
-6.0%
-8.9%
Net Profit YoY
1676.7%
103.0%
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
OVV
OVV
QVCD
QVCD
Q4 25
$2.1B
$2.4B
Q3 25
$2.0B
$2.0B
Q2 25
$2.2B
$2.0B
Q1 25
$2.4B
$1.9B
Q4 24
$2.2B
$2.7B
Q3 24
$2.2B
$2.1B
Q2 24
$2.2B
$2.1B
Q1 24
$2.4B
$2.1B
Net Profit
OVV
OVV
QVCD
QVCD
Q4 25
$946.0M
$37.0M
Q3 25
$148.0M
$2.0M
Q2 25
$307.0M
$-2.2B
Q1 25
$-159.0M
$-42.0M
Q4 24
$-60.0M
$-1.2B
Q3 24
$507.0M
$51.0M
Q2 24
$340.0M
$53.0M
Q1 24
$338.0M
$51.0M
Gross Margin
OVV
OVV
QVCD
QVCD
Q4 25
32.5%
Q3 25
33.6%
Q2 25
35.4%
Q1 25
33.3%
Q4 24
32.6%
Q3 24
34.7%
Q2 24
35.6%
Q1 24
35.0%
Operating Margin
OVV
OVV
QVCD
QVCD
Q4 25
21.2%
5.6%
Q3 25
13.5%
4.6%
Q2 25
23.1%
-114.5%
Q1 25
-3.7%
1.5%
Q4 24
0.1%
-47.1%
Q3 24
24.2%
7.8%
Q2 24
25.4%
7.6%
Q1 24
20.7%
7.4%
Net Margin
OVV
OVV
QVCD
QVCD
Q4 25
46.1%
1.5%
Q3 25
7.3%
0.1%
Q2 25
13.9%
-109.1%
Q1 25
-6.7%
-2.2%
Q4 24
-2.7%
-46.0%
Q3 24
23.3%
2.4%
Q2 24
15.5%
2.5%
Q1 24
14.2%
2.4%
EPS (diluted)
OVV
OVV
QVCD
QVCD
Q4 25
$3.64
Q3 25
$0.57
Q2 25
$1.18
Q1 25
$-0.61
Q4 24
$-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
OVV
OVV
QVCD
QVCD
Cash + ST InvestmentsLiquidity on hand
$280.0M
$1.5B
Total DebtLower is stronger
$5.2B
$1.0M
Stockholders' EquityBook value
$11.2B
$1.2B
Total Assets
$20.4B
$8.5B
Debt / EquityLower = less leverage
0.46×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OVV
OVV
QVCD
QVCD
Q4 25
$280.0M
$1.5B
Q3 25
$25.0M
Q2 25
$20.0M
Q1 25
$8.0M
Q4 24
$42.0M
$297.0M
Q3 24
$9.0M
$297.0M
Q2 24
$8.0M
$315.0M
Q1 24
$5.0M
$311.0M
Total Debt
OVV
OVV
QVCD
QVCD
Q4 25
$5.2B
$1.0M
Q3 25
$5.2B
$5.0B
Q2 25
$5.3B
$4.0B
Q1 25
$5.5B
$4.0B
Q4 24
$5.5B
$3.3B
Q3 24
$5.9B
$3.4B
Q2 24
$6.1B
$3.7B
Q1 24
$6.2B
$3.8B
Stockholders' Equity
OVV
OVV
QVCD
QVCD
Q4 25
$11.2B
$1.2B
Q3 25
$10.2B
$1.2B
Q2 25
$10.4B
$1.2B
Q1 25
$10.1B
$3.3B
Q4 24
$10.3B
$3.3B
Q3 24
$10.7B
$4.6B
Q2 24
$10.3B
$4.3B
Q1 24
$10.3B
$4.2B
Total Assets
OVV
OVV
QVCD
QVCD
Q4 25
$20.4B
$8.5B
Q3 25
$19.4B
$8.3B
Q2 25
$19.7B
$7.4B
Q1 25
$19.6B
$9.7B
Q4 24
$19.3B
$9.9B
Q3 24
$19.9B
$9.9B
Q2 24
$19.8B
$11.2B
Q1 24
$19.8B
$11.4B
Debt / Equity
OVV
OVV
QVCD
QVCD
Q4 25
0.46×
0.00×
Q3 25
0.51×
4.30×
Q2 25
0.51×
3.42×
Q1 25
0.55×
1.22×
Q4 24
0.53×
1.01×
Q3 24
0.55×
0.73×
Q2 24
0.59×
0.87×
Q1 24
0.60×
0.89×

Cash Flow & Capital Efficiency

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

Metric
OVV
OVV
QVCD
QVCD
Operating Cash FlowLast quarter
$954.0M
$245.0M
Free Cash FlowOCF − Capex
$489.0M
FCF MarginFCF / Revenue
23.8%
Capex IntensityCapex / Revenue
22.6%
Cash ConversionOCF / Net Profit
1.01×
6.62×
TTM Free Cash FlowTrailing 4 quarters
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OVV
OVV
QVCD
QVCD
Q4 25
$954.0M
$245.0M
Q3 25
$812.0M
$76.0M
Q2 25
$1.0B
$52.0M
Q1 25
$873.0M
$46.0M
Q4 24
$1.0B
$189.0M
Q3 24
$1.0B
$98.0M
Q2 24
$1.0B
$164.0M
Q1 24
$659.0M
$84.0M
Free Cash Flow
OVV
OVV
QVCD
QVCD
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
OVV
OVV
QVCD
QVCD
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
OVV
OVV
QVCD
QVCD
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
OVV
OVV
QVCD
QVCD
Q4 25
1.01×
6.62×
Q3 25
5.49×
38.00×
Q2 25
3.30×
Q1 25
Q4 24
Q3 24
2.02×
1.92×
Q2 24
3.00×
3.09×
Q1 24
1.95×
1.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OVV
OVV

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

QVCD
QVCD

Home$754.0M31%
QVC International$661.0M27%
Beauty$260.0M11%
Apparel$254.0M10%
Electronics$187.0M8%
Accessories$181.0M7%
Jewelry$87.0M4%
Otherrevenue$38.0M2%

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