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Ovintiv vs Petrobras - Petroleo Brasileiro: revenue, profit, margins and growth compared

Ovintiv brought in $8.9B of revenue in fiscal 2025, Petrobras - Petroleo Brasileiro $91.4B in fiscal 2024. Revenue changed by -2.7% at Ovintiv and -10.7% at Petrobras - Petroleo Brasileiro on the year before, so Ovintiv grew faster. Ovintiv kept 13.9% of its revenue as net profit, Petrobras - Petroleo Brasileiro 8.2%.

Side by side, latest fiscal year

OVVPBR
Fiscal year endedFY2025 (December 31, 2025)FY2024 (December 31, 2024)
Revenue$8.9B$91.4B
Revenue growth-2.7%-10.7%
Net income$1.2B$7.5B
Net margin13.9%8.2%
Free cash flow$1.5Bn/a
Free cash flow margin16.9%n/a
Earnings per share (diluted)$4.78$0.58
Cash$35M$3.3B
Debt$5.2B$23.2B
Price to earnings12.6n/a
Market value$17B$131.3B
Dividend yield2.00%n/a
Rank by revenue in sector#25 of 129 · Energy#6 of 129 · Energy

Over the years

Revenue
OVV FY2019: $5.9BOVV FY2019: $7BOVV FY2020: $6.1BOVV FY2021: $10.5BOVV FY2022: $14.3BOVV FY2023: $10.9BOVV FY2024: $9.2BOVV FY2025: $8.9BPBR FY2017: $77.9BPBR FY2018: $84.6BPBR FY2019: $76.6BPBR FY2020: $53.7BPBR FY2021: $84BPBR FY2022: $124.5BPBR FY2023: $102.4BPBR FY2024: $91.4BFY17FY18FY19FY20FY21FY22FY23FY24FY25
OVV $8.9BPBR $91.4B
Net income
OVV FY2019: $1.1BOVV FY2019: $234MOVV FY2020: -$6.1BOVV FY2021: $1.4BOVV FY2022: $3.6BOVV FY2023: $2.1BOVV FY2024: $1.1BOVV FY2025: $1.2BPBR FY2017: -$91MPBR FY2018: $7.2BPBR FY2019: $10.2BPBR FY2020: $1.1BPBR FY2021: $19.9BPBR FY2022: $36.6BPBR FY2023: $24.9BPBR FY2024: $7.5BFY17FY18FY19FY20FY21FY22FY23FY24FY25
OVV $1.2BPBR $7.5B
Net margin
OVV FY2019: 18.0%OVV FY2019: 3.3%OVV FY2020: -100.2%OVV FY2021: 13.5%OVV FY2022: 25.5%OVV FY2023: 19.2%OVV FY2024: 12.3%OVV FY2025: 13.9%PBR FY2017: -0.1%PBR FY2018: 8.5%PBR FY2019: 13.3%PBR FY2020: 2.1%PBR FY2021: 23.7%PBR FY2022: 29.4%PBR FY2023: 24.3%PBR FY2024: 8.2%FY17FY18FY19FY20FY21FY22FY23FY24FY25
OVV 13.9%PBR 8.2%
Revenue growth
OVV FY2019: +18.1%OVV FY2020: -13.2%OVV FY2021: +72.0%OVV FY2022: +36.3%OVV FY2023: -23.7%OVV FY2024: -15.9%OVV FY2025: -2.7%PBR FY2018: +8.7%PBR FY2019: -9.5%PBR FY2020: -29.9%PBR FY2021: +56.4%PBR FY2022: +48.2%PBR FY2023: -17.7%PBR FY2024: -10.7%FY18FY19FY20FY21FY22FY23FY24FY25
OVV -2.7%PBR -10.7%
Free cash flow
OVV FY2019: $325MOVV FY2019: $295MOVV FY2020: $159MOVV FY2021: $1.6BOVV FY2022: $2BOVV FY2023: $1.4BOVV FY2024: $1.4BOVV FY2025: $1.5BPBR FY2017: $13.5BPBR FY2018: $14.3BFY17FY18FY19FY20FY21FY22FY23FY24FY25
OVV $1.5BPBR $14.3B

Fiscal years as each company reports them; the two may end in different months.

Questions about Ovintiv and Petrobras - Petroleo Brasileiro

Which is bigger by revenue, Ovintiv or Petrobras - Petroleo Brasileiro?

Petrobras - Petroleo Brasileiro is bigger by revenue: $91.4B in fiscal 2024, against $8.9B for Ovintiv in fiscal 2025.

Which keeps more of its revenue as profit, Ovintiv or Petrobras - Petroleo Brasileiro?

Ovintiv had a net margin of 13.9% in fiscal 2025; Petrobras - Petroleo Brasileiro had 8.2% in fiscal 2024.

Which grew revenue faster, Ovintiv or Petrobras - Petroleo Brasileiro?

In their latest fiscal years revenue changed by -2.7% at Ovintiv and -10.7% at Petrobras - Petroleo Brasileiro.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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