Ovintiv Inc. Annual Return On Assets in % from 2020 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Ovintiv Inc. quarterly/annual Return On Assets history and growth rate from 2020 to 2023.
  • Ovintiv Inc. Return On Assets for the quarter ending September 30, 2024 was 10.3 %, a 30.3% decline year-over-year.
  • Ovintiv Inc. annual Return On Assets for 2023 was 11.2 %, a 54.4% decline from 2022.
  • Ovintiv Inc. annual Return On Assets for 2022 was 24.6 %, a 143% increase from 2021.
  • Ovintiv Inc. annual Return On Assets for 2021 was 10.1 %.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 11.2 -13.4 -54.4% Jan 1, 2023 Dec 31, 2023
2022 24.6 +14.4 +143% Jan 1, 2022 Dec 31, 2022
2021 10.1 +46 Jan 1, 2021 Dec 31, 2021
2020 -35.9 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.