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

Sempra is the larger business by last-quarter revenue ($3.3B vs $2.1B, roughly 1.6× Ovintiv Inc.). Ovintiv Inc. runs the higher net margin — 46.1% vs 10.7%, a 35.3% gap on every dollar of revenue. On growth, Sempra posted the faster year-over-year revenue change (6.9% vs -6.0%). Ovintiv Inc. produced more free cash flow last quarter ($489.0M vs $-2.2B). Over the past eight quarters, Sempra's revenue compounded faster (-5.8% 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.

Sempra is a North American public utility holding company based in San Diego, California. The company is one of the largest utility holding companies in the United States with nearly 40 million consumers.

OVV vs SRE — Head-to-Head

Bigger by revenue
SRE
SRE
1.6× larger
SRE
$3.3B
$2.1B
OVV
Growing faster (revenue YoY)
SRE
SRE
+12.9% gap
SRE
6.9%
-6.0%
OVV
Higher net margin
OVV
OVV
35.3% more per $
OVV
46.1%
10.7%
SRE
More free cash flow
OVV
OVV
$2.7B more FCF
OVV
$489.0M
$-2.2B
SRE
Faster 2-yr revenue CAGR
SRE
SRE
Annualised
SRE
-5.8%
-7.2%
OVV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OVV
OVV
SRE
SRE
Revenue
$2.1B
$3.3B
Net Profit
$946.0M
$352.0M
Gross Margin
Operating Margin
21.2%
7.2%
Net Margin
46.1%
10.7%
Revenue YoY
-6.0%
6.9%
Net Profit YoY
1676.7%
-47.9%
EPS (diluted)
$3.64
$0.53

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
SRE
SRE
Q4 25
$2.1B
$3.3B
Q3 25
$2.0B
$2.8B
Q2 25
$2.2B
$2.7B
Q1 25
$2.4B
$3.7B
Q4 24
$2.2B
$3.1B
Q3 24
$2.2B
$2.6B
Q2 24
$2.2B
$2.5B
Q1 24
$2.4B
$3.7B
Net Profit
OVV
OVV
SRE
SRE
Q4 25
$946.0M
$352.0M
Q3 25
$148.0M
$95.0M
Q2 25
$307.0M
$473.0M
Q1 25
$-159.0M
$917.0M
Q4 24
$-60.0M
$676.0M
Q3 24
$507.0M
$649.0M
Q2 24
$340.0M
$725.0M
Q1 24
$338.0M
$812.0M
Operating Margin
OVV
OVV
SRE
SRE
Q4 25
21.2%
7.2%
Q3 25
13.5%
10.6%
Q2 25
23.1%
17.3%
Q1 25
-3.7%
21.5%
Q4 24
0.1%
35.0%
Q3 24
24.2%
12.9%
Q2 24
25.4%
18.8%
Q1 24
20.7%
22.7%
Net Margin
OVV
OVV
SRE
SRE
Q4 25
46.1%
10.7%
Q3 25
7.3%
3.4%
Q2 25
13.9%
17.5%
Q1 25
-6.7%
24.9%
Q4 24
-2.7%
22.0%
Q3 24
23.3%
25.3%
Q2 24
15.5%
29.2%
Q1 24
14.2%
22.0%
EPS (diluted)
OVV
OVV
SRE
SRE
Q4 25
$3.64
$0.53
Q3 25
$0.57
$0.12
Q2 25
$1.18
$0.71
Q1 25
$-0.61
$1.39
Q4 24
$-0.22
$1.04
Q3 24
$1.92
$1.00
Q2 24
$1.27
$1.12
Q1 24
$1.24
$1.26

Balance Sheet & Financial Strength

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

Metric
OVV
OVV
SRE
SRE
Cash + ST InvestmentsLiquidity on hand
$280.0M
$29.0M
Total DebtLower is stronger
$5.2B
$29.0B
Stockholders' EquityBook value
$11.2B
$31.6B
Total Assets
$20.4B
$110.9B
Debt / EquityLower = less leverage
0.46×
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OVV
OVV
SRE
SRE
Q4 25
$280.0M
$29.0M
Q3 25
$25.0M
$5.0M
Q2 25
$20.0M
$155.0M
Q1 25
$8.0M
$1.7B
Q4 24
$42.0M
$1.6B
Q3 24
$9.0M
$560.0M
Q2 24
$8.0M
$228.0M
Q1 24
$5.0M
$606.0M
Total Debt
OVV
OVV
SRE
SRE
Q4 25
$5.2B
$29.0B
Q3 25
$5.2B
$29.0B
Q2 25
$5.3B
$34.9B
Q1 25
$5.5B
$33.3B
Q4 24
$5.5B
$31.6B
Q3 24
$5.9B
$31.0B
Q2 24
$6.1B
$29.0B
Q1 24
$6.2B
$29.5B
Stockholders' Equity
OVV
OVV
SRE
SRE
Q4 25
$11.2B
$31.6B
Q3 25
$10.2B
$31.2B
Q2 25
$10.4B
$31.7B
Q1 25
$10.1B
$31.6B
Q4 24
$10.3B
$31.2B
Q3 24
$10.7B
$29.7B
Q2 24
$10.3B
$29.5B
Q1 24
$10.3B
$29.1B
Total Assets
OVV
OVV
SRE
SRE
Q4 25
$20.4B
$110.9B
Q3 25
$19.4B
$106.9B
Q2 25
$19.7B
$99.9B
Q1 25
$19.6B
$99.0B
Q4 24
$19.3B
$96.2B
Q3 24
$19.9B
$93.7B
Q2 24
$19.8B
$90.5B
Q1 24
$19.8B
$89.6B
Debt / Equity
OVV
OVV
SRE
SRE
Q4 25
0.46×
0.92×
Q3 25
0.51×
0.93×
Q2 25
0.51×
1.10×
Q1 25
0.55×
1.05×
Q4 24
0.53×
1.01×
Q3 24
0.55×
1.04×
Q2 24
0.59×
0.98×
Q1 24
0.60×
1.01×

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
SRE
SRE
Operating Cash FlowLast quarter
$954.0M
$1.2B
Free Cash FlowOCF − Capex
$489.0M
$-2.2B
FCF MarginFCF / Revenue
23.8%
-67.7%
Capex IntensityCapex / Revenue
22.6%
104.0%
Cash ConversionOCF / Net Profit
1.01×
3.38×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$-6.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OVV
OVV
SRE
SRE
Q4 25
$954.0M
$1.2B
Q3 25
$812.0M
$1.1B
Q2 25
$1.0B
$784.0M
Q1 25
$873.0M
$1.5B
Q4 24
$1.0B
$1.4B
Q3 24
$1.0B
$1.0B
Q2 24
$1.0B
$669.0M
Q1 24
$659.0M
$1.9B
Free Cash Flow
OVV
OVV
SRE
SRE
Q4 25
$489.0M
$-2.2B
Q3 25
$268.0M
$-1.5B
Q2 25
$492.0M
$-1.5B
Q1 25
$256.0M
$-854.0M
Q4 24
$468.0M
$-1.1B
Q3 24
$484.0M
$-913.0M
Q2 24
$398.0M
$-1.2B
Q1 24
$68.0M
$-82.0M
FCF Margin
OVV
OVV
SRE
SRE
Q4 25
23.8%
-67.7%
Q3 25
13.3%
-52.6%
Q2 25
22.2%
-56.3%
Q1 25
10.8%
-23.2%
Q4 24
21.4%
-35.4%
Q3 24
22.2%
-35.5%
Q2 24
18.1%
-49.4%
Q1 24
2.8%
-2.2%
Capex Intensity
OVV
OVV
SRE
SRE
Q4 25
22.6%
104.0%
Q3 25
26.9%
92.9%
Q2 25
23.5%
85.3%
Q1 25
26.0%
63.5%
Q4 24
25.3%
79.9%
Q3 24
24.7%
75.3%
Q2 24
28.4%
76.4%
Q1 24
24.8%
52.3%
Cash Conversion
OVV
OVV
SRE
SRE
Q4 25
1.01×
3.38×
Q3 25
5.49×
11.68×
Q2 25
3.30×
1.66×
Q1 25
1.62×
Q4 24
2.02×
Q3 24
2.02×
1.57×
Q2 24
3.00×
0.92×
Q1 24
1.95×
2.28×

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%

SRE
SRE

Segment breakdown not available.

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