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

Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.0B, roughly 2.0× VALMONT INDUSTRIES INC). Ovintiv Inc. runs the higher net margin — 46.1% vs 10.5%, a 35.6% gap on every dollar of revenue. On growth, VALMONT INDUSTRIES INC posted the faster year-over-year revenue change (6.2% vs -6.0%). Over the past eight quarters, VALMONT INDUSTRIES INC's revenue compounded faster (-0.5% 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.

Valmont Industries, Inc. is a large, publicly held American manufacturer of Valley center pivot and linear irrigation equipment, windmill support structures, lighting and traffic poles and steel utility poles.

OVV vs VMI — Head-to-Head

Bigger by revenue
OVV
OVV
2.0× larger
OVV
$2.1B
$1.0B
VMI
Growing faster (revenue YoY)
VMI
VMI
+12.2% gap
VMI
6.2%
-6.0%
OVV
Higher net margin
OVV
OVV
35.6% more per $
OVV
46.1%
10.5%
VMI
Faster 2-yr revenue CAGR
VMI
VMI
Annualised
VMI
-0.5%
-7.2%
OVV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OVV
OVV
VMI
VMI
Revenue
$2.1B
$1.0B
Net Profit
$946.0M
$108.0M
Gross Margin
30.8%
Operating Margin
21.2%
15.1%
Net Margin
46.1%
10.5%
Revenue YoY
-6.0%
6.2%
Net Profit YoY
1676.7%
23.8%
EPS (diluted)
$3.64
$5.51

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
VMI
VMI
Q1 26
$1.0B
Q4 25
$2.1B
$1.0B
Q3 25
$2.0B
$1.0B
Q2 25
$2.2B
$1.1B
Q1 25
$2.4B
$969.3M
Q4 24
$2.2B
$1.0B
Q3 24
$2.2B
$1.0B
Q2 24
$2.2B
$1.0B
Net Profit
OVV
OVV
VMI
VMI
Q1 26
$108.0M
Q4 25
$946.0M
$168.0M
Q3 25
$148.0M
$99.0M
Q2 25
$307.0M
$-4.0M
Q1 25
$-159.0M
$87.3M
Q4 24
$-60.0M
$77.7M
Q3 24
$507.0M
$83.1M
Q2 24
$340.0M
$99.7M
Gross Margin
OVV
OVV
VMI
VMI
Q1 26
30.8%
Q4 25
29.8%
Q3 25
30.4%
Q2 25
30.6%
Q1 25
30.0%
Q4 24
30.2%
Q3 24
29.6%
Q2 24
30.8%
Operating Margin
OVV
OVV
VMI
VMI
Q1 26
15.1%
Q4 25
21.2%
11.2%
Q3 25
13.5%
13.5%
Q2 25
23.1%
2.8%
Q1 25
-3.7%
13.2%
Q4 24
0.1%
11.6%
Q3 24
24.2%
12.3%
Q2 24
25.4%
14.2%
Net Margin
OVV
OVV
VMI
VMI
Q1 26
10.5%
Q4 25
46.1%
16.2%
Q3 25
7.3%
9.5%
Q2 25
13.9%
-0.4%
Q1 25
-6.7%
9.0%
Q4 24
-2.7%
7.5%
Q3 24
23.3%
8.1%
Q2 24
15.5%
9.6%
EPS (diluted)
OVV
OVV
VMI
VMI
Q1 26
$5.51
Q4 25
$3.64
$9.02
Q3 25
$0.57
$4.98
Q2 25
$1.18
$-1.53
Q1 25
$-0.61
$4.32
Q4 24
$-0.22
$3.85
Q3 24
$1.92
$4.11
Q2 24
$1.27
$4.91

Balance Sheet & Financial Strength

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

Metric
OVV
OVV
VMI
VMI
Cash + ST InvestmentsLiquidity on hand
$280.0M
$160.2M
Total DebtLower is stronger
$5.2B
Stockholders' EquityBook value
$11.2B
$1.7B
Total Assets
$20.4B
$3.4B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OVV
OVV
VMI
VMI
Q1 26
$160.2M
Q4 25
$280.0M
$187.1M
Q3 25
$25.0M
$226.1M
Q2 25
$20.0M
$208.5M
Q1 25
$8.0M
$184.4M
Q4 24
$42.0M
$164.3M
Q3 24
$9.0M
$200.5M
Q2 24
$8.0M
$163.1M
Total Debt
OVV
OVV
VMI
VMI
Q1 26
Q4 25
$5.2B
$795.7M
Q3 25
$5.2B
Q2 25
$5.3B
Q1 25
$5.5B
Q4 24
$5.5B
$730.6M
Q3 24
$5.9B
Q2 24
$6.1B
Stockholders' Equity
OVV
OVV
VMI
VMI
Q1 26
$1.7B
Q4 25
$11.2B
$1.6B
Q3 25
$10.2B
$1.6B
Q2 25
$10.4B
$1.5B
Q1 25
$10.1B
$1.6B
Q4 24
$10.3B
$1.5B
Q3 24
$10.7B
$1.5B
Q2 24
$10.3B
$1.5B
Total Assets
OVV
OVV
VMI
VMI
Q1 26
$3.4B
Q4 25
$20.4B
$3.4B
Q3 25
$19.4B
$3.4B
Q2 25
$19.7B
$3.3B
Q1 25
$19.6B
$3.4B
Q4 24
$19.3B
$3.3B
Q3 24
$19.9B
$3.5B
Q2 24
$19.8B
$3.5B
Debt / Equity
OVV
OVV
VMI
VMI
Q1 26
Q4 25
0.46×
0.49×
Q3 25
0.51×
Q2 25
0.51×
Q1 25
0.55×
Q4 24
0.53×
0.47×
Q3 24
0.55×
Q2 24
0.59×

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
VMI
VMI
Operating Cash FlowLast quarter
$954.0M
Free Cash FlowOCF − Capex
$489.0M
FCF MarginFCF / Revenue
23.8%
Capex IntensityCapex / Revenue
22.6%
Cash ConversionOCF / Net Profit
1.01×
TTM Free Cash FlowTrailing 4 quarters
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OVV
OVV
VMI
VMI
Q1 26
Q4 25
$954.0M
$111.2M
Q3 25
$812.0M
$112.5M
Q2 25
$1.0B
$167.6M
Q1 25
$873.0M
$65.1M
Q4 24
$1.0B
$193.4M
Q3 24
$1.0B
$225.1M
Q2 24
$1.0B
$130.8M
Free Cash Flow
OVV
OVV
VMI
VMI
Q1 26
Q4 25
$489.0M
$70.4M
Q3 25
$268.0M
$70.6M
Q2 25
$492.0M
$135.6M
Q1 25
$256.0M
$34.8M
Q4 24
$468.0M
$167.8M
Q3 24
$484.0M
$204.6M
Q2 24
$398.0M
$112.5M
FCF Margin
OVV
OVV
VMI
VMI
Q1 26
Q4 25
23.8%
6.8%
Q3 25
13.3%
6.7%
Q2 25
22.2%
12.9%
Q1 25
10.8%
3.6%
Q4 24
21.4%
16.2%
Q3 24
22.2%
20.1%
Q2 24
18.1%
10.8%
Capex Intensity
OVV
OVV
VMI
VMI
Q1 26
Q4 25
22.6%
3.9%
Q3 25
26.9%
4.0%
Q2 25
23.5%
3.0%
Q1 25
26.0%
3.1%
Q4 24
25.3%
2.5%
Q3 24
24.7%
2.0%
Q2 24
28.4%
1.8%
Cash Conversion
OVV
OVV
VMI
VMI
Q1 26
Q4 25
1.01×
0.66×
Q3 25
5.49×
1.14×
Q2 25
3.30×
Q1 25
0.75×
Q4 24
2.49×
Q3 24
2.02×
2.71×
Q2 24
3.00×
1.31×

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%

VMI
VMI

Infrastructure$803.2M78%
Agriculture$226.0M22%

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