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Side-by-side financial comparison of Ovintiv Inc. (OVV) and TKO Group Holdings (TKO). Click either name above to swap in a different company.
Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.0B, roughly 2.0× TKO Group Holdings). Ovintiv Inc. runs the higher net margin — 46.1% vs -0.2%, a 46.3% gap on every dollar of revenue. On growth, TKO Group Holdings posted the faster year-over-year revenue change (61.6% vs -6.0%). Over the past eight quarters, TKO Group Holdings's revenue compounded faster (28.4% 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.
TKO Group Holdings, Inc. (TKO) is an American sports and sports entertainment company. Established on September 12, 2023, the public company was formed by a merger between Endeavor subsidiary Zuffa—the parent company of the Ultimate Fighting Championship (UFC), a mixed martial arts promotion—and the professional wrestling promotion World Wrestling Entertainment (WWE).
OVV vs TKO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.0B |
| Net Profit | $946.0M | $-2.4M |
| Gross Margin | — | — |
| Operating Margin | 21.2% | 5.5% |
| Net Margin | 46.1% | -0.2% |
| Revenue YoY | -6.0% | 61.6% |
| Net Profit YoY | 1676.7% | -107.7% |
| EPS (diluted) | $3.64 | $-0.07 |
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 | $1.0B | ||
| Q3 25 | $2.0B | $1.1B | ||
| Q2 25 | $2.2B | $1.3B | ||
| Q1 25 | $2.4B | $1.3B | ||
| Q4 24 | $2.2B | $642.2M | ||
| Q3 24 | $2.2B | $681.3M | ||
| Q2 24 | $2.2B | $851.2M | ||
| Q1 24 | $2.4B | $629.7M |
| Q4 25 | $946.0M | $-2.4M | ||
| Q3 25 | $148.0M | $41.0M | ||
| Q2 25 | $307.0M | $98.4M | ||
| Q1 25 | $-159.0M | $58.4M | ||
| Q4 24 | $-60.0M | $31.0M | ||
| Q3 24 | $507.0M | $23.1M | ||
| Q2 24 | $340.0M | $59.1M | ||
| Q1 24 | $338.0M | $-103.8M |
| Q4 25 | 21.2% | 5.5% | ||
| Q3 25 | 13.5% | 15.4% | ||
| Q2 25 | 23.1% | 28.1% | ||
| Q1 25 | -3.7% | 18.7% | ||
| Q4 24 | 0.1% | 15.9% | ||
| Q3 24 | 24.2% | 20.0% | ||
| Q2 24 | 25.4% | 30.0% | ||
| Q1 24 | 20.7% | -33.4% |
| Q4 25 | 46.1% | -0.2% | ||
| Q3 25 | 7.3% | 3.7% | ||
| Q2 25 | 13.9% | 7.5% | ||
| Q1 25 | -6.7% | 4.6% | ||
| Q4 24 | -2.7% | 4.8% | ||
| Q3 24 | 23.3% | 3.4% | ||
| Q2 24 | 15.5% | 6.9% | ||
| Q1 24 | 14.2% | -16.5% |
| Q4 25 | $3.64 | $-0.07 | ||
| Q3 25 | $0.57 | $0.47 | ||
| Q2 25 | $1.18 | $1.17 | ||
| Q1 25 | $-0.61 | $0.69 | ||
| Q4 24 | $-0.22 | $0.28 | ||
| Q3 24 | $1.92 | $0.28 | ||
| Q2 24 | $1.27 | $0.72 | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $280.0M | $831.1M |
| Total DebtLower is stronger | $5.2B | $3.8B |
| Stockholders' EquityBook value | $11.2B | $3.7B |
| Total Assets | $20.4B | $15.5B |
| Debt / EquityLower = less leverage | 0.46× | 1.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $280.0M | $831.1M | ||
| Q3 25 | $25.0M | $861.4M | ||
| Q2 25 | $20.0M | $535.1M | ||
| Q1 25 | $8.0M | $470.9M | ||
| Q4 24 | $42.0M | $525.6M | ||
| Q3 24 | $9.0M | $457.4M | ||
| Q2 24 | $8.0M | $277.5M | ||
| Q1 24 | $5.0M | $245.8M |
| Q4 25 | $5.2B | $3.8B | ||
| Q3 25 | $5.2B | $3.7B | ||
| Q2 25 | $5.3B | $2.7B | ||
| Q1 25 | $5.5B | $2.8B | ||
| Q4 24 | $5.5B | $2.8B | ||
| Q3 24 | $5.9B | $2.7B | ||
| Q2 24 | $6.1B | $2.7B | ||
| Q1 24 | $6.2B | $2.7B |
| Q4 25 | $11.2B | $3.7B | ||
| Q3 25 | $10.2B | $3.8B | ||
| Q2 25 | $10.4B | $4.3B | ||
| Q1 25 | $10.1B | $4.2B | ||
| Q4 24 | $10.3B | $4.1B | ||
| Q3 24 | $10.7B | $4.0B | ||
| Q2 24 | $10.3B | $4.0B | ||
| Q1 24 | $10.3B | $4.0B |
| Q4 25 | $20.4B | $15.5B | ||
| Q3 25 | $19.4B | $15.5B | ||
| Q2 25 | $19.7B | $15.3B | ||
| Q1 25 | $19.6B | $15.0B | ||
| Q4 24 | $19.3B | $12.7B | ||
| Q3 24 | $19.9B | $12.8B | ||
| Q2 24 | $19.8B | $12.7B | ||
| Q1 24 | $19.8B | $12.7B |
| Q4 25 | 0.46× | 1.01× | ||
| Q3 25 | 0.51× | 0.98× | ||
| Q2 25 | 0.51× | 0.64× | ||
| Q1 25 | 0.55× | 0.66× | ||
| Q4 24 | 0.53× | 0.67× | ||
| Q3 24 | 0.55× | 0.67× | ||
| Q2 24 | 0.59× | 0.68× | ||
| Q1 24 | 0.60× | 0.68× |
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 | $309.9M |
| Free Cash FlowOCF − Capex | $489.0M | — |
| FCF MarginFCF / Revenue | 23.8% | — |
| Capex IntensityCapex / Revenue | 22.6% | — |
| Cash ConversionOCF / Net Profit | 1.01× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $954.0M | $309.9M | ||
| Q3 25 | $812.0M | $416.8M | ||
| Q2 25 | $1.0B | $396.2M | ||
| Q1 25 | $873.0M | $162.8M | ||
| Q4 24 | $1.0B | $56.8M | ||
| Q3 24 | $1.0B | $236.5M | ||
| Q2 24 | $1.0B | $230.7M | ||
| Q1 24 | $659.0M | $59.3M |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | 1.01× | — | ||
| Q3 25 | 5.49× | 10.16× | ||
| Q2 25 | 3.30× | 4.03× | ||
| Q1 25 | — | 2.79× | ||
| Q4 24 | — | 1.83× | ||
| Q3 24 | 2.02× | 10.22× | ||
| Q2 24 | 3.00× | 3.90× | ||
| Q1 24 | 1.95× | — |
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% |
TKO
| World Wrestling Entertainment Segment | $359.6M | 35% |
| IMG Segment | $247.6M | 24% |
| Media Rights Production And Content | $222.6M | 21% |
| Partnerships And Marketing | $93.3M | 9% |
| Live Events And Hospitality | $72.2M | 7% |
| Other | $29.4M | 3% |
| Consumer Products Licensing And Other | $13.2M | 1% |
