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Side-by-side financial comparison of Ovintiv Inc. (OVV) and Viking Holdings Ltd (VIK). Click either name above to swap in a different company.
Viking Holdings Ltd is the larger business by last-quarter revenue ($4.0B vs $2.1B, roughly 1.9× Ovintiv Inc.). Ovintiv Inc. runs the higher net margin — 46.1% vs 12.9%, a 33.2% gap on every dollar of revenue.
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.
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
OVV vs VIK — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $4.0B |
| Net Profit | $946.0M | $514.0M |
| Gross Margin | — | 73.4% |
| Operating Margin | 21.2% | 15.2% |
| Net Margin | 46.1% | 12.9% |
| Revenue YoY | -6.0% | — |
| Net Profit YoY | 1676.7% | 35.4% |
| EPS (diluted) | $3.64 | $1.15 |
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 | — | ||
| Q3 25 | $2.0B | $4.0B | ||
| Q2 25 | $2.2B | $2.3B | ||
| Q1 25 | $2.4B | $718.2M | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.2B | $3.6B | ||
| Q2 24 | $2.2B | $2.1B | ||
| Q1 24 | $2.4B | — |
| Q4 25 | $946.0M | — | ||
| Q3 25 | $148.0M | $514.0M | ||
| Q2 25 | $307.0M | $439.2M | ||
| Q1 25 | $-159.0M | $-105.5M | ||
| Q4 24 | $-60.0M | — | ||
| Q3 24 | $507.0M | $379.7M | ||
| Q2 24 | $340.0M | $159.8M | ||
| Q1 24 | $338.0M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 73.4% | ||
| Q2 25 | — | 55.7% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 74.7% | ||
| Q2 24 | — | 57.8% | ||
| Q1 24 | — | — |
| Q4 25 | 21.2% | — | ||
| Q3 25 | 13.5% | 15.2% | ||
| Q2 25 | 23.1% | 23.7% | ||
| Q1 25 | -3.7% | -1.3% | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 24.2% | 13.6% | ||
| Q2 24 | 25.4% | 20.5% | ||
| Q1 24 | 20.7% | — |
| Q4 25 | 46.1% | — | ||
| Q3 25 | 7.3% | 12.9% | ||
| Q2 25 | 13.9% | 19.1% | ||
| Q1 25 | -6.7% | -14.7% | ||
| Q4 24 | -2.7% | — | ||
| Q3 24 | 23.3% | 10.6% | ||
| Q2 24 | 15.5% | 7.7% | ||
| Q1 24 | 14.2% | — |
| Q4 25 | $3.64 | — | ||
| Q3 25 | $0.57 | $1.15 | ||
| Q2 25 | $1.18 | $0.99 | ||
| Q1 25 | $-0.61 | $-0.24 | ||
| Q4 24 | $-0.22 | — | ||
| Q3 24 | $1.92 | $0.87 | ||
| Q2 24 | $1.27 | $0.38 | ||
| Q1 24 | $1.24 | — |
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 | $3.0B |
| Total DebtLower is stronger | $5.2B | — |
| Stockholders' EquityBook value | $11.2B | $803.5M |
| Total Assets | $20.4B | $11.5B |
| Debt / EquityLower = less leverage | 0.46× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $280.0M | — | ||
| Q3 25 | $25.0M | $3.0B | ||
| Q2 25 | $20.0M | $2.6B | ||
| Q1 25 | $8.0M | $2.8B | ||
| Q4 24 | $42.0M | — | ||
| Q3 24 | $9.0M | $2.4B | ||
| Q2 24 | $8.0M | $1.8B | ||
| Q1 24 | $5.0M | — |
| 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 | — | ||
| Q3 25 | $10.2B | $803.5M | ||
| Q2 25 | $10.4B | $278.3M | ||
| Q1 25 | $10.1B | $-267.5M | ||
| Q4 24 | $10.3B | — | ||
| Q3 24 | $10.7B | $-688.9M | ||
| Q2 24 | $10.3B | $-1.1B | ||
| Q1 24 | $10.3B | — |
| Q4 25 | $20.4B | — | ||
| Q3 25 | $19.4B | $11.5B | ||
| Q2 25 | $19.7B | $11.1B | ||
| Q1 25 | $19.6B | $10.7B | ||
| Q4 24 | $19.3B | — | ||
| Q3 24 | $19.9B | — | ||
| Q2 24 | $19.8B | — | ||
| Q1 24 | $19.8B | — |
| 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 | $663.9M |
| Free Cash FlowOCF − Capex | $489.0M | — |
| FCF MarginFCF / Revenue | 23.8% | — |
| Capex IntensityCapex / Revenue | 22.6% | — |
| Cash ConversionOCF / Net Profit | 1.01× | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $954.0M | — | ||
| Q3 25 | $812.0M | $663.9M | ||
| Q2 25 | $1.0B | $470.7M | ||
| Q1 25 | $873.0M | $587.9M | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.0B | $828.7M | ||
| Q2 24 | $1.0B | $419.8M | ||
| Q1 24 | $659.0M | — |
| 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× | 1.29× | ||
| Q2 25 | 3.30× | 1.07× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.02× | 2.18× | ||
| Q2 24 | 3.00× | 2.63× | ||
| 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% |
VIK
Segment breakdown not available.
