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

QVC Group, Inc. is the larger business by last-quarter revenue ($2.7B vs $2.1B, roughly 1.3× Ovintiv Inc.). Ovintiv Inc. runs the higher net margin — 46.1% vs -1.4%, a 47.4% gap on every dollar of revenue. On growth, Ovintiv Inc. posted the faster year-over-year revenue change (-6.0% vs -9.1%). Ovintiv Inc. produced more free cash flow last quarter ($489.0M vs $191.0M). Over the past eight quarters, QVC Group, Inc.'s revenue compounded faster (6.9% 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 QVCGA — Head-to-Head

Bigger by revenue
QVCGA
QVCGA
1.3× larger
QVCGA
$2.7B
$2.1B
OVV
Growing faster (revenue YoY)
OVV
OVV
+3.1% gap
OVV
-6.0%
-9.1%
QVCGA
Higher net margin
OVV
OVV
47.4% more per $
OVV
46.1%
-1.4%
QVCGA
More free cash flow
OVV
OVV
$298.0M more FCF
OVV
$489.0M
$191.0M
QVCGA
Faster 2-yr revenue CAGR
QVCGA
QVCGA
Annualised
QVCGA
6.9%
-7.2%
OVV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OVV
OVV
QVCGA
QVCGA
Revenue
$2.1B
$2.7B
Net Profit
$946.0M
$-37.0M
Gross Margin
32.9%
Operating Margin
21.2%
3.7%
Net Margin
46.1%
-1.4%
Revenue YoY
-6.0%
-9.1%
Net Profit YoY
1676.7%
97.1%
EPS (diluted)
$3.64
$-17.37

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
QVCGA
QVCGA
Q4 25
$2.1B
$2.7B
Q3 25
$2.0B
$2.2B
Q2 25
$2.2B
$2.2B
Q1 25
$2.4B
$2.1B
Q4 24
$2.2B
$2.9B
Q3 24
$2.2B
$2.3B
Q2 24
$2.2B
$2.4B
Q1 24
$2.4B
$2.3B
Net Profit
OVV
OVV
QVCGA
QVCGA
Q4 25
$946.0M
$-37.0M
Q3 25
$148.0M
$-80.0M
Q2 25
$307.0M
$-2.2B
Q1 25
$-159.0M
$-100.0M
Q4 24
$-60.0M
$-1.3B
Q3 24
$507.0M
$-23.0M
Q2 24
$340.0M
$20.0M
Q1 24
$338.0M
$-1.0M
Gross Margin
OVV
OVV
QVCGA
QVCGA
Q4 25
32.9%
Q3 25
34.0%
Q2 25
36.4%
Q1 25
34.2%
Q4 24
33.3%
Q3 24
35.3%
Q2 24
36.4%
Q1 24
35.5%
Operating Margin
OVV
OVV
QVCGA
QVCGA
Q4 25
21.2%
3.7%
Q3 25
13.5%
2.7%
Q2 25
23.1%
-101.6%
Q1 25
-3.7%
0.7%
Q4 24
0.1%
-43.2%
Q3 24
24.2%
6.5%
Q2 24
25.4%
6.9%
Q1 24
20.7%
6.2%
Net Margin
OVV
OVV
QVCGA
QVCGA
Q4 25
46.1%
-1.4%
Q3 25
7.3%
-3.6%
Q2 25
13.9%
-99.4%
Q1 25
-6.7%
-4.8%
Q4 24
-2.7%
-43.7%
Q3 24
23.3%
-1.0%
Q2 24
15.5%
0.8%
Q1 24
14.2%
-0.0%
EPS (diluted)
OVV
OVV
QVCGA
QVCGA
Q4 25
$3.64
$-17.37
Q3 25
$0.57
$-9.89
Q2 25
$1.18
$-275.46
Q1 25
$-0.61
$-0.25
Q4 24
$-0.22
Q3 24
$1.92
$-0.06
Q2 24
$1.27
$2.57
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
QVCGA
QVCGA
Cash + ST InvestmentsLiquidity on hand
$280.0M
$2.0B
Total DebtLower is stronger
$5.2B
$790.0M
Stockholders' EquityBook value
$11.2B
$-3.1B
Total Assets
$20.4B
$7.6B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OVV
OVV
QVCGA
QVCGA
Q4 25
$280.0M
$2.0B
Q3 25
$25.0M
$1.8B
Q2 25
$20.0M
$897.0M
Q1 25
$8.0M
$833.0M
Q4 24
$42.0M
$905.0M
Q3 24
$9.0M
$873.0M
Q2 24
$8.0M
$1.2B
Q1 24
$5.0M
$1.1B
Total Debt
OVV
OVV
QVCGA
QVCGA
Q4 25
$5.2B
$790.0M
Q3 25
$5.2B
$5.9B
Q2 25
$5.3B
$4.9B
Q1 25
$5.5B
$5.0B
Q4 24
$5.5B
$4.1B
Q3 24
$5.9B
$5.1B
Q2 24
$6.1B
$5.3B
Q1 24
$6.2B
$5.5B
Stockholders' Equity
OVV
OVV
QVCGA
QVCGA
Q4 25
$11.2B
$-3.1B
Q3 25
$10.2B
$-3.1B
Q2 25
$10.4B
$-3.0B
Q1 25
$10.1B
$-981.0M
Q4 24
$10.3B
$-971.0M
Q3 24
$10.7B
$397.0M
Q2 24
$10.3B
$328.0M
Q1 24
$10.3B
$255.0M
Total Assets
OVV
OVV
QVCGA
QVCGA
Q4 25
$20.4B
$7.6B
Q3 25
$19.4B
$7.6B
Q2 25
$19.7B
$6.7B
Q1 25
$19.6B
$9.0B
Q4 24
$19.3B
$9.2B
Q3 24
$19.9B
$10.8B
Q2 24
$19.8B
$10.9B
Q1 24
$19.8B
$11.0B
Debt / Equity
OVV
OVV
QVCGA
QVCGA
Q4 25
0.46×
Q3 25
0.51×
Q2 25
0.51×
Q1 25
0.55×
Q4 24
0.53×
Q3 24
0.55×
12.74×
Q2 24
0.59×
16.28×
Q1 24
0.60×
21.53×

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
QVCGA
QVCGA
Operating Cash FlowLast quarter
$954.0M
$244.0M
Free Cash FlowOCF − Capex
$489.0M
$191.0M
FCF MarginFCF / Revenue
23.8%
7.1%
Capex IntensityCapex / Revenue
22.6%
2.0%
Cash ConversionOCF / Net Profit
1.01×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$118.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OVV
OVV
QVCGA
QVCGA
Q4 25
$954.0M
$244.0M
Q3 25
$812.0M
$4.0M
Q2 25
$1.0B
$86.0M
Q1 25
$873.0M
$-60.0M
Q4 24
$1.0B
$212.0M
Q3 24
$1.0B
$20.0M
Q2 24
$1.0B
$267.0M
Q1 24
$659.0M
$26.0M
Free Cash Flow
OVV
OVV
QVCGA
QVCGA
Q4 25
$489.0M
$191.0M
Q3 25
$268.0M
$-27.0M
Q2 25
$492.0M
$48.0M
Q1 25
$256.0M
$-94.0M
Q4 24
$468.0M
$150.0M
Q3 24
$484.0M
$-23.0M
Q2 24
$398.0M
$213.0M
Q1 24
$68.0M
$-14.0M
FCF Margin
OVV
OVV
QVCGA
QVCGA
Q4 25
23.8%
7.1%
Q3 25
13.3%
-1.2%
Q2 25
22.2%
2.1%
Q1 25
10.8%
-4.5%
Q4 24
21.4%
5.1%
Q3 24
22.2%
-1.0%
Q2 24
18.1%
8.8%
Q1 24
2.8%
-0.6%
Capex Intensity
OVV
OVV
QVCGA
QVCGA
Q4 25
22.6%
2.0%
Q3 25
26.9%
1.4%
Q2 25
23.5%
1.7%
Q1 25
26.0%
1.6%
Q4 24
25.3%
2.1%
Q3 24
24.7%
1.8%
Q2 24
28.4%
2.2%
Q1 24
24.8%
1.7%
Cash Conversion
OVV
OVV
QVCGA
QVCGA
Q4 25
1.01×
Q3 25
5.49×
Q2 25
3.30×
Q1 25
Q4 24
Q3 24
2.02×
Q2 24
3.00×
13.35×
Q1 24
1.95×

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%

QVCGA
QVCGA

Other$915.0M34%
Home$754.0M28%
Beauty$260.0M10%
Apparel$254.0M9%
Electronics$187.0M7%
Accessories$181.0M7%
Jewelry$87.0M3%
Manufactured Product Other$38.0M1%

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