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

Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.2B, roughly 1.7× TETRA TECH INC). Ovintiv Inc. runs the higher net margin — 46.1% vs 8.7%, a 37.4% gap on every dollar of revenue. On growth, Ovintiv Inc. posted the faster year-over-year revenue change (-6.0% vs -14.8%). Ovintiv Inc. produced more free cash flow last quarter ($489.0M vs $68.1M). Over the past eight quarters, TETRA TECH INC's revenue compounded faster (-1.6% 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.

Tetra Tech, Inc. is an American consulting and engineering services firm based in Pasadena, California. The company provides consulting, engineering, program management, and construction management services in the areas of water, environment, infrastructure, resource management, energy, and international development.

OVV vs TTEK — Head-to-Head

Bigger by revenue
OVV
OVV
1.7× larger
OVV
$2.1B
$1.2B
TTEK
Growing faster (revenue YoY)
OVV
OVV
+8.8% gap
OVV
-6.0%
-14.8%
TTEK
Higher net margin
OVV
OVV
37.4% more per $
OVV
46.1%
8.7%
TTEK
More free cash flow
OVV
OVV
$420.9M more FCF
OVV
$489.0M
$68.1M
TTEK
Faster 2-yr revenue CAGR
TTEK
TTEK
Annualised
TTEK
-1.6%
-7.2%
OVV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OVV
OVV
TTEK
TTEK
Revenue
$2.1B
$1.2B
Net Profit
$946.0M
$105.2M
Gross Margin
18.2%
Operating Margin
21.2%
11.6%
Net Margin
46.1%
8.7%
Revenue YoY
-6.0%
-14.8%
Net Profit YoY
1676.7%
13424.7%
EPS (diluted)
$3.64
$0.40

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
TTEK
TTEK
Q4 25
$2.1B
$1.2B
Q3 25
$2.0B
$1.3B
Q2 25
$2.2B
$1.4B
Q1 25
$2.4B
$1.3B
Q4 24
$2.2B
$1.4B
Q3 24
$2.2B
$1.4B
Q2 24
$2.2B
$1.3B
Q1 24
$2.4B
$1.3B
Net Profit
OVV
OVV
TTEK
TTEK
Q4 25
$946.0M
$105.2M
Q3 25
$148.0M
$127.9M
Q2 25
$307.0M
$113.8M
Q1 25
$-159.0M
$5.4M
Q4 24
$-60.0M
$778.0K
Q3 24
$507.0M
$96.2M
Q2 24
$340.0M
$85.8M
Q1 24
$338.0M
$76.4M
Gross Margin
OVV
OVV
TTEK
TTEK
Q4 25
18.2%
Q3 25
20.6%
Q2 25
18.4%
Q1 25
16.2%
Q4 24
15.6%
Q3 24
17.8%
Q2 24
16.6%
Q1 24
16.6%
Operating Margin
OVV
OVV
TTEK
TTEK
Q4 25
21.2%
11.6%
Q3 25
13.5%
13.6%
Q2 25
23.1%
12.0%
Q1 25
-3.7%
3.0%
Q4 24
0.1%
1.6%
Q3 24
24.2%
10.4%
Q2 24
25.4%
9.6%
Q1 24
20.7%
9.4%
Net Margin
OVV
OVV
TTEK
TTEK
Q4 25
46.1%
8.7%
Q3 25
7.3%
9.6%
Q2 25
13.9%
8.3%
Q1 25
-6.7%
0.4%
Q4 24
-2.7%
0.1%
Q3 24
23.3%
7.0%
Q2 24
15.5%
6.4%
Q1 24
14.2%
6.1%
EPS (diluted)
OVV
OVV
TTEK
TTEK
Q4 25
$3.64
$0.40
Q3 25
$0.57
$0.48
Q2 25
$1.18
$0.43
Q1 25
$-0.61
$0.02
Q4 24
$-0.22
$0.00
Q3 24
$1.92
$-3.18
Q2 24
$1.27
$1.59
Q1 24
$1.24
$1.42

Balance Sheet & Financial Strength

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

Metric
OVV
OVV
TTEK
TTEK
Cash + ST InvestmentsLiquidity on hand
$280.0M
$269.4M
Total DebtLower is stronger
$5.2B
$837.1M
Stockholders' EquityBook value
$11.2B
$1.8B
Total Assets
$20.4B
$4.3B
Debt / EquityLower = less leverage
0.46×
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OVV
OVV
TTEK
TTEK
Q4 25
$280.0M
$269.4M
Q3 25
$25.0M
$167.5M
Q2 25
$20.0M
$242.8M
Q1 25
$8.0M
$179.4M
Q4 24
$42.0M
$248.1M
Q3 24
$9.0M
$232.7M
Q2 24
$8.0M
$212.3M
Q1 24
$5.0M
$210.3M
Total Debt
OVV
OVV
TTEK
TTEK
Q4 25
$5.2B
$837.1M
Q3 25
$5.2B
$766.4M
Q2 25
$5.3B
Q1 25
$5.5B
$1.0B
Q4 24
$5.5B
$888.5M
Q3 24
$5.9B
$812.6M
Q2 24
$6.1B
$861.8M
Q1 24
$6.2B
$951.0M
Stockholders' Equity
OVV
OVV
TTEK
TTEK
Q4 25
$11.2B
$1.8B
Q3 25
$10.2B
$1.8B
Q2 25
$10.4B
$1.7B
Q1 25
$10.1B
$1.6B
Q4 24
$10.3B
$1.7B
Q3 24
$10.7B
$1.8B
Q2 24
$10.3B
$1.7B
Q1 24
$10.3B
$1.6B
Total Assets
OVV
OVV
TTEK
TTEK
Q4 25
$20.4B
$4.3B
Q3 25
$19.4B
$4.3B
Q2 25
$19.7B
$4.4B
Q1 25
$19.6B
$4.2B
Q4 24
$19.3B
$4.2B
Q3 24
$19.9B
$4.2B
Q2 24
$19.8B
$4.1B
Q1 24
$19.8B
$4.1B
Debt / Equity
OVV
OVV
TTEK
TTEK
Q4 25
0.46×
0.45×
Q3 25
0.51×
0.43×
Q2 25
0.51×
Q1 25
0.55×
0.64×
Q4 24
0.53×
0.53×
Q3 24
0.55×
0.44×
Q2 24
0.59×
0.52×
Q1 24
0.60×
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
TTEK
TTEK
Operating Cash FlowLast quarter
$954.0M
$72.3M
Free Cash FlowOCF − Capex
$489.0M
$68.1M
FCF MarginFCF / Revenue
23.8%
5.6%
Capex IntensityCapex / Revenue
22.6%
0.3%
Cash ConversionOCF / Net Profit
1.01×
0.69×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$497.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OVV
OVV
TTEK
TTEK
Q4 25
$954.0M
$72.3M
Q3 25
$812.0M
$100.8M
Q2 25
$1.0B
$349.6M
Q1 25
$873.0M
$-5.8M
Q4 24
$1.0B
$13.1M
Q3 24
$1.0B
$105.6M
Q2 24
$1.0B
$140.9M
Q1 24
$659.0M
$102.9M
Free Cash Flow
OVV
OVV
TTEK
TTEK
Q4 25
$489.0M
$68.1M
Q3 25
$268.0M
$95.6M
Q2 25
$492.0M
$345.6M
Q1 25
$256.0M
$-11.8M
Q4 24
$468.0M
$9.6M
Q3 24
$484.0M
$98.8M
Q2 24
$398.0M
$137.1M
Q1 24
$68.0M
$98.9M
FCF Margin
OVV
OVV
TTEK
TTEK
Q4 25
23.8%
5.6%
Q3 25
13.3%
7.2%
Q2 25
22.2%
25.2%
Q1 25
10.8%
-0.9%
Q4 24
21.4%
0.7%
Q3 24
22.2%
7.2%
Q2 24
18.1%
10.2%
Q1 24
2.8%
7.9%
Capex Intensity
OVV
OVV
TTEK
TTEK
Q4 25
22.6%
0.3%
Q3 25
26.9%
0.4%
Q2 25
23.5%
0.3%
Q1 25
26.0%
0.4%
Q4 24
25.3%
0.2%
Q3 24
24.7%
0.5%
Q2 24
28.4%
0.3%
Q1 24
24.8%
0.3%
Cash Conversion
OVV
OVV
TTEK
TTEK
Q4 25
1.01×
0.69×
Q3 25
5.49×
0.79×
Q2 25
3.30×
3.07×
Q1 25
-1.08×
Q4 24
16.79×
Q3 24
2.02×
1.10×
Q2 24
3.00×
1.64×
Q1 24
1.95×
1.35×

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%

TTEK
TTEK

Commercial International Services Group$704.2M58%
Commercial$225.4M19%
State And Local Government$171.5M14%
Cost Plus$95.1M8%
Related Party$15.8M1%

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