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Side-by-side financial comparison of Ovintiv Inc. (OVV) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.4B, roughly 1.5× SEALED AIR CORP). Ovintiv Inc. runs the higher net margin — 46.1% vs 3.1%, a 42.9% gap on every dollar of revenue. On growth, SEALED AIR CORP posted the faster year-over-year revenue change (2.6% vs -6.0%). Ovintiv Inc. produced more free cash flow last quarter ($489.0M vs $257.7M). Over the past eight quarters, SEALED AIR CORP's revenue compounded faster (2.7% 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.
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
OVV vs SEE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.4B |
| Net Profit | $946.0M | $43.8M |
| Gross Margin | — | 28.6% |
| Operating Margin | 21.2% | 11.4% |
| Net Margin | 46.1% | 3.1% |
| Revenue YoY | -6.0% | 2.6% |
| Net Profit YoY | 1676.7% | 700.0% |
| EPS (diluted) | $3.64 | $0.30 |
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.
| Q4 25 | $2.1B | $1.4B | ||
| Q3 25 | $2.0B | $1.3B | ||
| Q2 25 | $2.2B | $1.3B | ||
| Q1 25 | $2.4B | $1.3B | ||
| Q4 24 | $2.2B | $1.4B | ||
| Q3 24 | $2.2B | $1.3B | ||
| Q2 24 | $2.2B | $1.3B | ||
| Q1 24 | $2.4B | $1.3B |
| Q4 25 | $946.0M | $43.8M | ||
| Q3 25 | $148.0M | $255.1M | ||
| Q2 25 | $307.0M | $93.1M | ||
| Q1 25 | $-159.0M | $113.5M | ||
| Q4 24 | $-60.0M | $-7.3M | ||
| Q3 24 | $507.0M | $91.7M | ||
| Q2 24 | $340.0M | $98.3M | ||
| Q1 24 | $338.0M | $82.0M |
| Q4 25 | — | 28.6% | ||
| Q3 25 | — | 29.8% | ||
| Q2 25 | — | 30.7% | ||
| Q1 25 | — | 30.9% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | — | 30.1% | ||
| Q2 24 | — | 31.2% | ||
| Q1 24 | — | 30.3% |
| Q4 25 | 21.2% | 11.4% | ||
| Q3 25 | 13.5% | 13.8% | ||
| Q2 25 | 23.1% | 15.0% | ||
| Q1 25 | -3.7% | 14.5% | ||
| Q4 24 | 0.1% | 11.7% | ||
| Q3 24 | 24.2% | 13.9% | ||
| Q2 24 | 25.4% | 15.4% | ||
| Q1 24 | 20.7% | 14.0% |
| Q4 25 | 46.1% | 3.1% | ||
| Q3 25 | 7.3% | 19.0% | ||
| Q2 25 | 13.9% | 7.0% | ||
| Q1 25 | -6.7% | 9.0% | ||
| Q4 24 | -2.7% | -0.5% | ||
| Q3 24 | 23.3% | 6.9% | ||
| Q2 24 | 15.5% | 7.4% | ||
| Q1 24 | 14.2% | 6.2% |
| Q4 25 | $3.64 | $0.30 | ||
| Q3 25 | $0.57 | $1.73 | ||
| Q2 25 | $1.18 | $0.63 | ||
| Q1 25 | $-0.61 | $0.77 | ||
| Q4 24 | $-0.22 | $-0.05 | ||
| Q3 24 | $1.92 | $0.63 | ||
| Q2 24 | $1.27 | $0.67 | ||
| Q1 24 | $1.24 | $0.56 |
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 | $344.0M |
| Total DebtLower is stronger | $5.2B | $3.3B |
| Stockholders' EquityBook value | $11.2B | $1.2B |
| Total Assets | $20.4B | $7.0B |
| Debt / EquityLower = less leverage | 0.46× | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $280.0M | $344.0M | ||
| Q3 25 | $25.0M | $282.5M | ||
| Q2 25 | $20.0M | $354.4M | ||
| Q1 25 | $8.0M | $335.2M | ||
| Q4 24 | $42.0M | $371.8M | ||
| Q3 24 | $9.0M | $386.0M | ||
| Q2 24 | $8.0M | $388.6M | ||
| Q1 24 | $5.0M | $352.8M |
| Q4 25 | $5.2B | $3.3B | ||
| Q3 25 | $5.2B | $4.0B | ||
| Q2 25 | $5.3B | $4.0B | ||
| Q1 25 | $5.5B | $4.2B | ||
| Q4 24 | $5.5B | $4.2B | ||
| Q3 24 | $5.9B | $4.3B | ||
| Q2 24 | $6.1B | $4.4B | ||
| Q1 24 | $6.2B | $4.5B |
| Q4 25 | $11.2B | $1.2B | ||
| Q3 25 | $10.2B | $1.2B | ||
| Q2 25 | $10.4B | $953.1M | ||
| Q1 25 | $10.1B | $797.9M | ||
| Q4 24 | $10.3B | $624.5M | ||
| Q3 24 | $10.7B | $771.2M | ||
| Q2 24 | $10.3B | $650.1M | ||
| Q1 24 | $10.3B | $598.3M |
| Q4 25 | $20.4B | $7.0B | ||
| Q3 25 | $19.4B | $7.1B | ||
| Q2 25 | $19.7B | $7.2B | ||
| Q1 25 | $19.6B | $7.0B | ||
| Q4 24 | $19.3B | $7.0B | ||
| Q3 24 | $19.9B | $7.3B | ||
| Q2 24 | $19.8B | $7.3B | ||
| Q1 24 | $19.8B | $7.2B |
| Q4 25 | 0.46× | 2.65× | ||
| Q3 25 | 0.51× | 3.34× | ||
| Q2 25 | 0.51× | 4.18× | ||
| Q1 25 | 0.55× | 5.26× | ||
| Q4 24 | 0.53× | 6.72× | ||
| Q3 24 | 0.55× | 5.62× | ||
| Q2 24 | 0.59× | 6.81× | ||
| Q1 24 | 0.60× | 7.49× |
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 | $293.6M |
| Free Cash FlowOCF − Capex | $489.0M | $257.7M |
| FCF MarginFCF / Revenue | 23.8% | 18.5% |
| Capex IntensityCapex / Revenue | 22.6% | 2.6% |
| Cash ConversionOCF / Net Profit | 1.01× | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $954.0M | $293.6M | ||
| Q3 25 | $812.0M | $165.9M | ||
| Q2 25 | $1.0B | $136.6M | ||
| Q1 25 | $873.0M | $31.9M | ||
| Q4 24 | $1.0B | $244.2M | ||
| Q3 24 | $1.0B | $170.5M | ||
| Q2 24 | $1.0B | $188.2M | ||
| Q1 24 | $659.0M | $125.1M |
| Q4 25 | $489.0M | $257.7M | ||
| Q3 25 | $268.0M | $119.6M | ||
| Q2 25 | $492.0M | $93.2M | ||
| Q1 25 | $256.0M | $-12.0M | ||
| Q4 24 | $468.0M | $185.1M | ||
| Q3 24 | $484.0M | $115.2M | ||
| Q2 24 | $398.0M | $129.5M | ||
| Q1 24 | $68.0M | $78.0M |
| Q4 25 | 23.8% | 18.5% | ||
| Q3 25 | 13.3% | 8.9% | ||
| Q2 25 | 22.2% | 7.0% | ||
| Q1 25 | 10.8% | -0.9% | ||
| Q4 24 | 21.4% | 13.6% | ||
| Q3 24 | 22.2% | 8.6% | ||
| Q2 24 | 18.1% | 9.7% | ||
| Q1 24 | 2.8% | 5.9% |
| Q4 25 | 22.6% | 2.6% | ||
| Q3 25 | 26.9% | 3.4% | ||
| Q2 25 | 23.5% | 3.3% | ||
| Q1 25 | 26.0% | 3.5% | ||
| Q4 24 | 25.3% | 4.4% | ||
| Q3 24 | 24.7% | 4.1% | ||
| Q2 24 | 28.4% | 4.4% | ||
| Q1 24 | 24.8% | 3.6% |
| Q4 25 | 1.01× | 6.70× | ||
| Q3 25 | 5.49× | 0.65× | ||
| Q2 25 | 3.30× | 1.47× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.02× | 1.86× | ||
| Q2 24 | 3.00× | 1.91× | ||
| Q1 24 | 1.95× | 1.53× |
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% |
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
