vs

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

Bigger by revenue
OVV
OVV
1.3× larger
OVV
$2.1B
$1.6B
TOST
Growing faster (revenue YoY)
TOST
TOST
+28.0% gap
TOST
22.0%
-6.0%
OVV
Higher net margin
OVV
OVV
39.9% more per $
OVV
46.1%
6.2%
TOST
More free cash flow
OVV
OVV
$311.0M more FCF
OVV
$489.0M
$178.0M
TOST
Faster 2-yr revenue CAGR
TOST
TOST
Annualised
TOST
23.3%
-7.2%
OVV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OVV
OVV
TOST
TOST
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.

Revenue
OVV
OVV
TOST
TOST
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
Net Profit
OVV
OVV
TOST
TOST
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
Gross Margin
OVV
OVV
TOST
TOST
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%
Operating Margin
OVV
OVV
TOST
TOST
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%
Net Margin
OVV
OVV
TOST
TOST
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%
EPS (diluted)
OVV
OVV
TOST
TOST
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
OVV
OVV
TOST
TOST
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.

Cash + ST Investments
OVV
OVV
TOST
TOST
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
Total Debt
OVV
OVV
TOST
TOST
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
Stockholders' Equity
OVV
OVV
TOST
TOST
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
Total Assets
OVV
OVV
TOST
TOST
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
Debt / Equity
OVV
OVV
TOST
TOST
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
OVV
OVV
TOST
TOST
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.

Operating Cash Flow
OVV
OVV
TOST
TOST
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
Free Cash Flow
OVV
OVV
TOST
TOST
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
FCF Margin
OVV
OVV
TOST
TOST
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%
Capex Intensity
OVV
OVV
TOST
TOST
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%
Cash Conversion
OVV
OVV
TOST
TOST
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
OVV

Product And Service Revenue$1.7B84%
Sales Of Purchased Product$338.0M16%

TOST
TOST

Technology Service$1.3B82%
License$256.0M16%
Product And Professional Services$43.0M3%

Related Comparisons