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Side-by-side financial comparison of Ovintiv Inc. (OVV) and Under Armour, Inc. (UAA). Click either name above to swap in a different company.
Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.3B, roughly 1.5× Under Armour, Inc.). Ovintiv Inc. runs the higher net margin — 46.1% vs -32.4%, a 78.5% gap on every dollar of revenue. On growth, Under Armour, Inc. posted the faster year-over-year revenue change (-5.2% vs -6.0%). Ovintiv Inc. produced more free cash flow last quarter ($489.0M vs $261.9M). Over the past eight quarters, Under Armour, Inc.'s revenue compounded faster (-0.2% 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.
Under Armour, Inc. is an American sportswear company that manufactures footwear and apparel headquartered in Baltimore, Maryland, United States.
OVV vs UAA — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.3B |
| Net Profit | $946.0M | $-430.8M |
| Gross Margin | — | 44.4% |
| Operating Margin | 21.2% | -11.3% |
| Net Margin | 46.1% | -32.4% |
| Revenue YoY | -6.0% | -5.2% |
| Net Profit YoY | 1676.7% | -35013.0% |
| EPS (diluted) | $3.64 | $-1.01 |
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 | $1.3B | ||
| Q3 25 | $2.0B | $1.3B | ||
| Q2 25 | $2.2B | $1.1B | ||
| Q1 25 | $2.4B | $1.2B | ||
| Q4 24 | $2.2B | $1.4B | ||
| Q3 24 | $2.2B | $1.4B | ||
| Q2 24 | $2.2B | $1.2B | ||
| Q1 24 | $2.4B | $1.3B |
| Q4 25 | $946.0M | $-430.8M | ||
| Q3 25 | $148.0M | $-18.8M | ||
| Q2 25 | $307.0M | $-2.6M | ||
| Q1 25 | $-159.0M | $-67.5M | ||
| Q4 24 | $-60.0M | $1.2M | ||
| Q3 24 | $507.0M | $170.4M | ||
| Q2 24 | $340.0M | $-305.4M | ||
| Q1 24 | $338.0M | $6.6M |
| Q4 25 | — | 44.4% | ||
| Q3 25 | — | 47.3% | ||
| Q2 25 | — | 48.2% | ||
| Q1 25 | — | 46.7% | ||
| Q4 24 | — | 47.5% | ||
| Q3 24 | — | 49.8% | ||
| Q2 24 | — | 47.5% | ||
| Q1 24 | — | 45.0% |
| Q4 25 | 21.2% | -11.3% | ||
| Q3 25 | 13.5% | 1.3% | ||
| Q2 25 | 23.1% | 0.3% | ||
| Q1 25 | -3.7% | -6.1% | ||
| Q4 24 | 0.1% | 1.0% | ||
| Q3 24 | 24.2% | 12.4% | ||
| Q2 24 | 25.4% | -25.3% | ||
| Q1 24 | 20.7% | -0.3% |
| Q4 25 | 46.1% | -32.4% | ||
| Q3 25 | 7.3% | -1.4% | ||
| Q2 25 | 13.9% | -0.2% | ||
| Q1 25 | -6.7% | -5.7% | ||
| Q4 24 | -2.7% | 0.1% | ||
| Q3 24 | 23.3% | 12.2% | ||
| Q2 24 | 15.5% | -25.8% | ||
| Q1 24 | 14.2% | 0.5% |
| Q4 25 | $3.64 | $-1.01 | ||
| Q3 25 | $0.57 | $-0.04 | ||
| Q2 25 | $1.18 | $-0.01 | ||
| Q1 25 | $-0.61 | $-0.16 | ||
| Q4 24 | $-0.22 | $0.00 | ||
| Q3 24 | $1.92 | $0.39 | ||
| Q2 24 | $1.27 | $-0.70 | ||
| Q1 24 | $1.24 | $0.02 |
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 | $464.6M |
| Total DebtLower is stronger | $5.2B | $989.7M |
| Stockholders' EquityBook value | $11.2B | $1.4B |
| Total Assets | $20.4B | $4.6B |
| Debt / EquityLower = less leverage | 0.46× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $280.0M | $464.6M | ||
| Q3 25 | $25.0M | $396.0M | ||
| Q2 25 | $20.0M | $911.0M | ||
| Q1 25 | $8.0M | $501.4M | ||
| Q4 24 | $42.0M | $726.9M | ||
| Q3 24 | $9.0M | $530.7M | ||
| Q2 24 | $8.0M | $884.6M | ||
| Q1 24 | $5.0M | $858.7M |
| Q4 25 | $5.2B | $989.7M | ||
| Q3 25 | $5.2B | $1.2B | ||
| Q2 25 | $5.3B | $989.2M | ||
| Q1 25 | $5.5B | $595.1M | ||
| Q4 24 | $5.5B | $595.2M | ||
| Q3 24 | $5.9B | $594.6M | ||
| Q2 24 | $6.1B | $595.4M | ||
| Q1 24 | $6.2B | $675.8M |
| Q4 25 | $11.2B | $1.4B | ||
| Q3 25 | $10.2B | $1.9B | ||
| Q2 25 | $10.4B | $1.9B | ||
| Q1 25 | $10.1B | $1.9B | ||
| Q4 24 | $10.3B | $2.0B | ||
| Q3 24 | $10.7B | $2.0B | ||
| Q2 24 | $10.3B | $1.8B | ||
| Q1 24 | $10.3B | $2.2B |
| Q4 25 | $20.4B | $4.6B | ||
| Q3 25 | $19.4B | $4.9B | ||
| Q2 25 | $19.7B | $4.9B | ||
| Q1 25 | $19.6B | $4.3B | ||
| Q4 24 | $19.3B | $4.6B | ||
| Q3 24 | $19.9B | $4.5B | ||
| Q2 24 | $19.8B | $4.9B | ||
| Q1 24 | $19.8B | $4.8B |
| Q4 25 | 0.46× | 0.69× | ||
| Q3 25 | 0.51× | 0.64× | ||
| Q2 25 | 0.51× | 0.53× | ||
| Q1 25 | 0.55× | 0.31× | ||
| Q4 24 | 0.53× | 0.30× | ||
| Q3 24 | 0.55× | 0.30× | ||
| Q2 24 | 0.59× | 0.33× | ||
| Q1 24 | 0.60× | 0.31× |
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 | $278.1M |
| Free Cash FlowOCF − Capex | $489.0M | $261.9M |
| FCF MarginFCF / Revenue | 23.8% | 19.7% |
| Capex IntensityCapex / Revenue | 22.6% | 1.2% |
| Cash ConversionOCF / Net Profit | 1.01× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $-45.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $954.0M | $278.1M | ||
| Q3 25 | $812.0M | $-69.8M | ||
| Q2 25 | $1.0B | $48.9M | ||
| Q1 25 | $873.0M | $-202.2M | ||
| Q4 24 | $1.0B | $311.3M | ||
| Q3 24 | $1.0B | $-321.4M | ||
| Q2 24 | $1.0B | $153.0M | ||
| Q1 24 | $659.0M | $-122.9M |
| Q4 25 | $489.0M | $261.9M | ||
| Q3 25 | $268.0M | $-90.3M | ||
| Q2 25 | $492.0M | $13.5M | ||
| Q1 25 | $256.0M | $-231.0M | ||
| Q4 24 | $468.0M | $262.9M | ||
| Q3 24 | $484.0M | $-367.2M | ||
| Q2 24 | $398.0M | $107.3M | ||
| Q1 24 | $68.0M | $-156.7M |
| Q4 25 | 23.8% | 19.7% | ||
| Q3 25 | 13.3% | -6.8% | ||
| Q2 25 | 22.2% | 1.2% | ||
| Q1 25 | 10.8% | -19.6% | ||
| Q4 24 | 21.4% | 18.8% | ||
| Q3 24 | 22.2% | -26.2% | ||
| Q2 24 | 18.1% | 9.1% | ||
| Q1 24 | 2.8% | -11.8% |
| Q4 25 | 22.6% | 1.2% | ||
| Q3 25 | 26.9% | 1.5% | ||
| Q2 25 | 23.5% | 3.1% | ||
| Q1 25 | 26.0% | 2.4% | ||
| Q4 24 | 25.3% | 3.5% | ||
| Q3 24 | 24.7% | 3.3% | ||
| Q2 24 | 28.4% | 3.9% | ||
| Q1 24 | 24.8% | 2.5% |
| Q4 25 | 1.01× | — | ||
| Q3 25 | 5.49× | — | ||
| Q2 25 | 3.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 252.26× | ||
| Q3 24 | 2.02× | -1.89× | ||
| Q2 24 | 3.00× | — | ||
| Q1 24 | 1.95× | -18.71× |
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% |
UAA
| Apparel | $934.0M | 70% |
| Footwear | $265.1M | 20% |
| Accessories | $107.7M | 8% |
| License | $27.2M | 2% |
