• Ovintiv average return on equity for 2023 was 39.31, a 19.51% decline from 2022.
• Ovintiv average return on equity for 2022 was 48.84, a 216.4% decline from 2021.
• Ovintiv average return on equity for 2021 was -41.96, a 18.7% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.