Ovintiv Operating Margin 2010-2025 | OVV
- Ovintiv average operating margin for 2024 was 23.88%, a 20.56% decline from 2023.
- Ovintiv average operating margin for 2023 was 30.06%, a 17.84% decline from 2022.
- Ovintiv average operating margin for 2022 was 25.51%, a 175.45% increase from 2021.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.