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Side-by-side financial comparison of Ovintiv Inc. (OVV) and Toast, Inc. (TOST). Click either name above to swap in a different company.
Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.6B, roughly 1.3× Toast, Inc.). Ovintiv Inc. runs the higher net margin — 46.1% vs 6.2%, a 39.9% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs -6.0%). Ovintiv Inc. produced more free cash flow last quarter ($489.0M vs $178.0M). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% 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.
Toast, Inc. is an American cloud-based restaurant management software company based in Boston, Massachusetts. The company provides an all-in-one point of sale (POS) system built on the Android operating system.
OVV vs TOST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $2.1B | $1.6B |
| Net Profit | $946.0M | $101.0M |
| Gross Margin | — | 25.9% |
| Operating Margin | 21.2% | 5.2% |
| Net Margin | 46.1% | 6.2% |
| Revenue YoY | -6.0% | 22.0% |
| Net Profit YoY | 1676.7% | 215.6% |
| EPS (diluted) | $3.64 | $0.18 |
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 | $1.6B | ||
| Q3 25 | $2.0B | $1.6B | ||
| Q2 25 | $2.2B | $1.6B | ||
| Q1 25 | $2.4B | $1.3B | ||
| Q4 24 | $2.2B | $1.3B | ||
| Q3 24 | $2.2B | $1.3B | ||
| Q2 24 | $2.2B | $1.2B | ||
| Q1 24 | $2.4B | $1.1B |
| Q4 25 | $946.0M | $101.0M | ||
| Q3 25 | $148.0M | $105.0M | ||
| Q2 25 | $307.0M | $80.0M | ||
| Q1 25 | $-159.0M | $56.0M | ||
| Q4 24 | $-60.0M | $32.0M | ||
| Q3 24 | $507.0M | $56.0M | ||
| Q2 24 | $340.0M | $14.0M | ||
| Q1 24 | $338.0M | $-83.0M |
| Q4 25 | — | 25.9% | ||
| Q3 25 | — | 26.5% | ||
| Q2 25 | — | 25.3% | ||
| Q1 25 | — | 25.9% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 23.0% | ||
| Q1 24 | — | 23.2% |
| Q4 25 | 21.2% | 5.2% | ||
| Q3 25 | 13.5% | 5.1% | ||
| Q2 25 | 23.1% | 5.2% | ||
| Q1 25 | -3.7% | 3.2% | ||
| Q4 24 | 0.1% | 2.5% | ||
| Q3 24 | 24.2% | 2.6% | ||
| Q2 24 | 25.4% | 0.4% | ||
| Q1 24 | 20.7% | -5.2% |
| Q4 25 | 46.1% | 6.2% | ||
| Q3 25 | 7.3% | 6.4% | ||
| Q2 25 | 13.9% | 5.2% | ||
| Q1 25 | -6.7% | 4.2% | ||
| Q4 24 | -2.7% | 2.4% | ||
| Q3 24 | 23.3% | 4.3% | ||
| Q2 24 | 15.5% | 1.1% | ||
| Q1 24 | 14.2% | -7.7% |
| Q4 25 | $3.64 | $0.18 | ||
| Q3 25 | $0.57 | $0.16 | ||
| Q2 25 | $1.18 | $0.13 | ||
| Q1 25 | $-0.61 | $0.09 | ||
| Q4 24 | $-0.22 | $0.09 | ||
| Q3 24 | $1.92 | $0.07 | ||
| Q2 24 | $1.27 | $0.02 | ||
| Q1 24 | $1.24 | $-0.15 |
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 | $1.4B |
| Total DebtLower is stronger | $5.2B | — |
| Stockholders' EquityBook value | $11.2B | $2.1B |
| Total Assets | $20.4B | $3.1B |
| Debt / EquityLower = less leverage | 0.46× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $280.0M | $1.4B | ||
| Q3 25 | $25.0M | $1.4B | ||
| Q2 25 | $20.0M | $1.2B | ||
| Q1 25 | $8.0M | $1.0B | ||
| Q4 24 | $42.0M | $903.0M | ||
| Q3 24 | $9.0M | $761.0M | ||
| Q2 24 | $8.0M | $691.0M | ||
| Q1 24 | $5.0M | $578.0M |
| 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 | $2.1B | ||
| Q3 25 | $10.2B | $2.0B | ||
| Q2 25 | $10.4B | $1.8B | ||
| Q1 25 | $10.1B | $1.7B | ||
| Q4 24 | $10.3B | $1.5B | ||
| Q3 24 | $10.7B | $1.4B | ||
| Q2 24 | $10.3B | $1.3B | ||
| Q1 24 | $10.3B | $1.2B |
| Q4 25 | $20.4B | $3.1B | ||
| Q3 25 | $19.4B | $3.0B | ||
| Q2 25 | $19.7B | $2.8B | ||
| Q1 25 | $19.6B | $2.6B | ||
| Q4 24 | $19.3B | $2.4B | ||
| Q3 24 | $19.9B | $2.2B | ||
| Q2 24 | $19.8B | $2.2B | ||
| Q1 24 | $19.8B | $2.1B |
| 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 | $194.0M |
| Free Cash FlowOCF − Capex | $489.0M | $178.0M |
| FCF MarginFCF / Revenue | 23.8% | 10.9% |
| Capex IntensityCapex / Revenue | 22.6% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.01× | 1.92× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $608.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $954.0M | $194.0M | ||
| Q3 25 | $812.0M | $165.0M | ||
| Q2 25 | $1.0B | $223.0M | ||
| Q1 25 | $873.0M | $79.0M | ||
| Q4 24 | $1.0B | $147.0M | ||
| Q3 24 | $1.0B | $109.0M | ||
| Q2 24 | $1.0B | $124.0M | ||
| Q1 24 | $659.0M | $-20.0M |
| Q4 25 | $489.0M | $178.0M | ||
| Q3 25 | $268.0M | $153.0M | ||
| Q2 25 | $492.0M | $208.0M | ||
| Q1 25 | $256.0M | $69.0M | ||
| Q4 24 | $468.0M | $134.0M | ||
| Q3 24 | $484.0M | $97.0M | ||
| Q2 24 | $398.0M | $108.0M | ||
| Q1 24 | $68.0M | $-33.0M |
| Q4 25 | 23.8% | 10.9% | ||
| Q3 25 | 13.3% | 9.4% | ||
| Q2 25 | 22.2% | 13.4% | ||
| Q1 25 | 10.8% | 5.2% | ||
| Q4 24 | 21.4% | 10.0% | ||
| Q3 24 | 22.2% | 7.4% | ||
| Q2 24 | 18.1% | 8.7% | ||
| Q1 24 | 2.8% | -3.1% |
| Q4 25 | 22.6% | 1.0% | ||
| Q3 25 | 26.9% | 0.7% | ||
| Q2 25 | 23.5% | 1.0% | ||
| Q1 25 | 26.0% | 0.7% | ||
| Q4 24 | 25.3% | 1.0% | ||
| Q3 24 | 24.7% | 0.9% | ||
| Q2 24 | 28.4% | 1.3% | ||
| Q1 24 | 24.8% | 1.2% |
| Q4 25 | 1.01× | 1.92× | ||
| Q3 25 | 5.49× | 1.57× | ||
| Q2 25 | 3.30× | 2.79× | ||
| Q1 25 | — | 1.41× | ||
| Q4 24 | — | 4.59× | ||
| Q3 24 | 2.02× | 1.95× | ||
| Q2 24 | 3.00× | 8.86× | ||
| 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% |
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |