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Side-by-side financial comparison of Ovintiv Inc. (OVV) and Teradyne (TER). Click either name above to swap in a different company.
Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 1.9× Teradyne). Ovintiv Inc. runs the higher net margin — 46.1% vs 23.7%, a 22.3% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (43.9% vs -6.0%). Ovintiv Inc. produced more free cash flow last quarter ($489.0M vs $218.8M). Over the past eight quarters, Teradyne's revenue compounded faster (34.4% 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.
Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Its high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM.
OVV vs TER — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.1B |
| Net Profit | $946.0M | $257.2M |
| Gross Margin | — | 57.2% |
| Operating Margin | 21.2% | 27.1% |
| Net Margin | 46.1% | 23.7% |
| Revenue YoY | -6.0% | 43.9% |
| Net Profit YoY | 1676.7% | 75.9% |
| EPS (diluted) | $3.64 | $1.62 |
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 | $1.1B | ||
| Q3 25 | $2.0B | $769.2M | ||
| Q2 25 | $2.2B | $651.8M | ||
| Q1 25 | $2.4B | $685.7M | ||
| Q4 24 | $2.2B | $752.9M | ||
| Q3 24 | $2.2B | $737.3M | ||
| Q2 24 | $2.2B | $729.9M | ||
| Q1 24 | $2.4B | $599.8M |
| Q4 25 | $946.0M | $257.2M | ||
| Q3 25 | $148.0M | $119.6M | ||
| Q2 25 | $307.0M | $78.4M | ||
| Q1 25 | $-159.0M | $98.9M | ||
| Q4 24 | $-60.0M | $146.3M | ||
| Q3 24 | $507.0M | $145.6M | ||
| Q2 24 | $340.0M | $186.3M | ||
| Q1 24 | $338.0M | $64.2M |
| Q4 25 | — | 57.2% | ||
| Q3 25 | — | 58.4% | ||
| Q2 25 | — | 57.2% | ||
| Q1 25 | — | 60.6% | ||
| Q4 24 | — | 59.4% | ||
| Q3 24 | — | 59.2% | ||
| Q2 24 | — | 58.3% | ||
| Q1 24 | — | 56.6% |
| Q4 25 | 21.2% | 27.1% | ||
| Q3 25 | 13.5% | 18.9% | ||
| Q2 25 | 23.1% | 13.9% | ||
| Q1 25 | -3.7% | 17.6% | ||
| Q4 24 | 0.1% | 20.4% | ||
| Q3 24 | 24.2% | 20.6% | ||
| Q2 24 | 25.4% | 28.8% | ||
| Q1 24 | 20.7% | 13.0% |
| Q4 25 | 46.1% | 23.7% | ||
| Q3 25 | 7.3% | 15.5% | ||
| Q2 25 | 13.9% | 12.0% | ||
| Q1 25 | -6.7% | 14.4% | ||
| Q4 24 | -2.7% | 19.4% | ||
| Q3 24 | 23.3% | 19.8% | ||
| Q2 24 | 15.5% | 25.5% | ||
| Q1 24 | 14.2% | 10.7% |
| Q4 25 | $3.64 | $1.62 | ||
| Q3 25 | $0.57 | $0.75 | ||
| Q2 25 | $1.18 | $0.49 | ||
| Q1 25 | $-0.61 | $0.61 | ||
| Q4 24 | $-0.22 | $0.89 | ||
| Q3 24 | $1.92 | $0.89 | ||
| Q2 24 | $1.27 | $1.14 | ||
| Q1 24 | $1.24 | $0.40 |
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 | $293.8M |
| Total DebtLower is stronger | $5.2B | — |
| Stockholders' EquityBook value | $11.2B | $2.8B |
| Total Assets | $20.4B | $4.2B |
| Debt / EquityLower = less leverage | 0.46× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $280.0M | $293.8M | ||
| Q3 25 | $25.0M | $272.7M | ||
| Q2 25 | $20.0M | $339.3M | ||
| Q1 25 | $8.0M | $475.6M | ||
| Q4 24 | $42.0M | $553.4M | ||
| Q3 24 | $9.0M | $510.0M | ||
| Q2 24 | $8.0M | $421.9M | ||
| Q1 24 | $5.0M | $707.4M |
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.2B | — | ||
| Q2 25 | $5.3B | — | ||
| Q1 25 | $5.5B | — | ||
| Q4 24 | $5.5B | — | ||
| Q3 24 | $5.9B | — | ||
| Q2 24 | $6.1B | — | ||
| Q1 24 | $6.2B | — |
| Q4 25 | $11.2B | $2.8B | ||
| Q3 25 | $10.2B | $2.7B | ||
| Q2 25 | $10.4B | $2.8B | ||
| Q1 25 | $10.1B | $2.8B | ||
| Q4 24 | $10.3B | $2.8B | ||
| Q3 24 | $10.7B | $2.9B | ||
| Q2 24 | $10.3B | $2.7B | ||
| Q1 24 | $10.3B | $2.6B |
| Q4 25 | $20.4B | $4.2B | ||
| Q3 25 | $19.4B | $4.0B | ||
| Q2 25 | $19.7B | $3.8B | ||
| Q1 25 | $19.6B | $3.7B | ||
| Q4 24 | $19.3B | $3.7B | ||
| Q3 24 | $19.9B | $3.8B | ||
| Q2 24 | $19.8B | $3.6B | ||
| Q1 24 | $19.8B | $3.4B |
| Q4 25 | 0.46× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.51× | — | ||
| Q1 25 | 0.55× | — | ||
| Q4 24 | 0.53× | — | ||
| Q3 24 | 0.55× | — | ||
| Q2 24 | 0.59× | — | ||
| Q1 24 | 0.60× | — |
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 | $281.6M |
| Free Cash FlowOCF − Capex | $489.0M | $218.8M |
| FCF MarginFCF / Revenue | 23.8% | 20.2% |
| Capex IntensityCapex / Revenue | 22.6% | 5.8% |
| Cash ConversionOCF / Net Profit | 1.01× | 1.09× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $450.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $954.0M | $281.6M | ||
| Q3 25 | $812.0M | $49.0M | ||
| Q2 25 | $1.0B | $182.1M | ||
| Q1 25 | $873.0M | $161.6M | ||
| Q4 24 | $1.0B | $282.6M | ||
| Q3 24 | $1.0B | $166.3M | ||
| Q2 24 | $1.0B | $216.1M | ||
| Q1 24 | $659.0M | $7.3M |
| Q4 25 | $489.0M | $218.8M | ||
| Q3 25 | $268.0M | $2.4M | ||
| Q2 25 | $492.0M | $131.7M | ||
| Q1 25 | $256.0M | $97.6M | ||
| Q4 24 | $468.0M | $225.2M | ||
| Q3 24 | $484.0M | $114.4M | ||
| Q2 24 | $398.0M | $171.2M | ||
| Q1 24 | $68.0M | $-36.7M |
| Q4 25 | 23.8% | 20.2% | ||
| Q3 25 | 13.3% | 0.3% | ||
| Q2 25 | 22.2% | 20.2% | ||
| Q1 25 | 10.8% | 14.2% | ||
| Q4 24 | 21.4% | 29.9% | ||
| Q3 24 | 22.2% | 15.5% | ||
| Q2 24 | 18.1% | 23.5% | ||
| Q1 24 | 2.8% | -6.1% |
| Q4 25 | 22.6% | 5.8% | ||
| Q3 25 | 26.9% | 6.1% | ||
| Q2 25 | 23.5% | 7.7% | ||
| Q1 25 | 26.0% | 9.3% | ||
| Q4 24 | 25.3% | 7.6% | ||
| Q3 24 | 24.7% | 7.0% | ||
| Q2 24 | 28.4% | 6.1% | ||
| Q1 24 | 24.8% | 7.3% |
| Q4 25 | 1.01× | 1.09× | ||
| Q3 25 | 5.49× | 0.41× | ||
| Q2 25 | 3.30× | 2.32× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | 1.93× | ||
| Q3 24 | 2.02× | 1.14× | ||
| Q2 24 | 3.00× | 1.16× | ||
| Q1 24 | 1.95× | 0.11× |
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% |
TER
| Soc | $646.5M | 60% |
| Memory | $206.5M | 19% |
| Transferred At Point In Time | $90.0M | 8% |
| Universal Robots | $89.4M | 8% |
| IST | $30.5M | 3% |
| Transferred Over Time | $20.5M | 2% |
