Free Trial

Civeo (CVEO) Financials

Civeo logo
$19.65 +0.24 (+1.24%)
Closing price 04/17/2025 03:59 PM Eastern
Extended Trading
$19.67 +0.02 (+0.10%)
As of 04/17/2025 04:05 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Civeo

Annual Income Statements for Civeo

This table shows Civeo's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
2.23 30 -17
Consolidated Net Income / (Loss)
6.33 30 -18
Net Income / (Loss) Continuing Operations
6.33 30 -18
Total Pre-Tax Income
11 40 -5.94
Total Operating Income
17 39 1.33
Total Gross Profit
180 171 149
Total Revenue
697 701 682
Operating Revenue
697 701 682
Total Cost of Revenue
517 530 533
Operating Cost of Revenue
517 530 533
Total Operating Expenses
163 131 148
Selling, General & Admin Expense
70 73 74
Depreciation Expense
87 75 68
Impairment Charge
5.72 1.40 12
Other Special Charges / (Income)
0.00 -19 -5.74
Total Other Income / (Expense), net
-6.29 0.88 -7.27
Interest Expense
11 13 7.97
Interest & Investment Income
0.04 0.17 0.19
Other Income / (Expense), net
5.15 14 0.52
Income Tax Expense
4.40 11 12
Preferred Stock Dividends Declared
1.77 0.00 0.00
Net Income / (Loss) Attributable to Noncontrolling Interest
2.33 -0.43 -1.36
Basic Earnings per Share
($0.21) $2.02 ($1.19)
Weighted Average Basic Shares Outstanding
14.00M 14.91M 14.29M
Diluted Earnings per Share
($0.21) $2.01 ($1.19)
Weighted Average Diluted Shares Outstanding
14.00M 15.01M 14.29M
Weighted Average Basic & Diluted Shares Outstanding
15.22M 14.67M 13.65M
Cash Dividends to Common per Share
- - $1.00

Quarterly Income Statements for Civeo

This table shows Civeo's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
5.23 -13 -6.35 4.46 9.02 23 -5.13 8.23 -5.09 -15
Consolidated Net Income / (Loss)
6.26 -12 -6.31 4.17 9.22 23 -5.20 7.49 -5.29 -15
Net Income / (Loss) Continuing Operations
6.26 -12 -6.31 4.17 9.22 23 -5.20 7.49 -5.29 -15
Total Pre-Tax Income
9.98 -15 -5.08 7.05 8.01 30 -3.65 11 -1.43 -12
Total Operating Income
11 -12 -3.90 10 16 17 -1.78 13 0.04 -10
Total Gross Profit
51 35 34 47 53 36 36 48 38 28
Total Revenue
184 162 168 179 184 171 166 189 176 151
Operating Revenue
184 162 168 179 184 171 166 189 176 151
Total Cost of Revenue
133 128 134 131 130 135 130 141 139 123
Operating Cost of Revenue
133 128 134 131 130 135 130 141 139 123
Total Operating Expenses
40 47 38 37 37 19 37 35 38 38
Selling, General & Admin Expense
18 19 16 16 20 20 19 17 20 19
Depreciation Expense
23 21 22 21 17 16 17 17 17 17
Impairment Charge
- - 0.00 0.00 0.00 1.40 7.82 0.00 0.00 3.76
Other Special Charges / (Income)
- - 0.00 0.00 0.00 -19 -6.08 0.09 0.17 0.07
Total Other Income / (Expense), net
-0.81 -2.51 -1.17 -3.13 -8.03 13 -1.86 -1.84 -1.47 -2.10
Interest Expense
3.00 3.40 3.66 3.60 3.37 2.55 2.36 2.20 1.73 1.69
Interest & Investment Income
0.01 0.02 0.03 0.05 0.04 0.05 0.04 0.05 0.05 0.04
Other Income / (Expense), net
2.18 0.86 2.45 0.43 -4.71 16 0.45 0.31 0.20 -0.45
Income Tax Expense
3.71 -2.69 1.23 2.88 -1.21 7.74 1.55 3.79 3.86 3.29
Net Income / (Loss) Attributable to Noncontrolling Interest
0.55 0.63 0.04 -0.30 0.20 -0.37 -0.06 -0.74 -0.20 -0.36
Basic Earnings per Share
$0.32 ($0.93) ($0.42) $0.30 $0.61 $1.53 ($0.35) $0.57 ($0.36) ($1.05)
Weighted Average Basic Shares Outstanding
13.93M 14.00M 15.16M 14.97M 14.81M 14.91M 14.66M 14.52M 14.29M 14.29M
Diluted Earnings per Share
$0.32 ($0.93) ($0.42) $0.30 $0.61 $1.52 ($0.35) $0.56 ($0.36) ($1.04)
Weighted Average Diluted Shares Outstanding
14.06M 14.00M 15.16M 15M 14.89M 15.01M 14.66M 14.60M 14.29M 14.29M
Weighted Average Basic & Diluted Shares Outstanding
13.71M 15.22M 15.05M 14.84M 14.75M 14.67M 14.62M 14.37M 13.77M 13.65M

Annual Cash Flow Statements for Civeo

This table details how cash moves in and out of Civeo's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Change in Cash & Equivalents
1.67 -4.63 1.88
Net Cash From Operating Activities
92 97 84
Net Cash From Continuing Operating Activities
92 97 84
Net Income / (Loss) Continuing Operations
6.33 30 -18
Consolidated Net Income / (Loss)
6.33 30 -18
Depreciation Expense
87 75 68
Non-Cash Adjustments To Reconcile Net Income
7.98 -14 9.78
Changes in Operating Assets and Liabilities, net
-9.75 5.24 24
Net Cash From Investing Activities
-8.95 -15 -15
Net Cash From Continuing Investing Activities
-8.95 -15 -15
Purchase of Property, Plant & Equipment
-25 -32 -26
Sale of Property, Plant & Equipment
16 17 11
Other Investing Activities, net
0.19 0.37 0.18
Net Cash From Financing Activities
-80 -87 -65
Net Cash From Continuing Financing Activities
-80 -87 -65
Repayment of Debt
-325 -278 -305
Repurchase of Preferred Equity
-31 0.00 0.00
Repurchase of Common Equity
-14 -12 -30
Payment of Dividends
0.00 -7.42 -14
Issuance of Debt
290 211 284
Other Net Changes in Cash
- - -1.49

Quarterly Cash Flow Statements for Civeo

This table details how cash moves in and out of Civeo's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
3.58 -0.41 4.41 -0.95 -3.60 -4.49 13 -9.32 10 -13
Net Cash From Operating Activities
39 29 0.36 19 37 40 5.99 32 36 9.50
Net Cash From Continuing Operating Activities
39 29 0.36 19 37 40 5.99 32 36 9.50
Net Income / (Loss) Continuing Operations
6.26 -12 -6.31 4.17 9.22 23 -5.20 7.49 -5.29 -15
Consolidated Net Income / (Loss)
6.26 -12 -6.31 4.17 9.22 23 -5.20 7.49 -5.29 -15
Depreciation Expense
23 21 22 21 17 16 17 17 17 17
Non-Cash Adjustments To Reconcile Net Income
-0.43 6.81 0.56 0.22 6.81 -21 3.03 1.14 1.30 4.31
Changes in Operating Assets and Liabilities, net
10 13 -16 -5.68 3.89 23 -8.62 6.68 22 3.85
Net Cash From Investing Activities
-0.15 -3.64 -2.51 -6.49 -5.11 -0.41 1.17 -1.29 -7.39 -7.42
Net Cash From Continuing Investing Activities
-0.15 -3.64 -2.51 -6.49 -5.11 -0.41 1.17 -1.29 -7.39 -7.42
Purchase of Property, Plant & Equipment
-8.82 -7.96 -4.77 -6.95 -9.46 -10 -5.61 -5.32 -7.48 -7.73
Sale of Property, Plant & Equipment
8.67 4.31 2.27 0.45 4.35 9.67 6.78 3.84 0.08 0.31
Net Cash From Financing Activities
-33 -27 6.57 -13 -35 -45 6.61 -41 -14 -17
Net Cash From Continuing Financing Activities
-33 -27 6.57 -13 -35 -45 6.61 -41 -14 -17
Repayment of Debt
-69 -82 -38 -76 -88 -76 -66 -70 -109 -60
Repurchase of Common Equity
-14 - -3.77 -4.20 -1.25 -2.41 -3.21 -6.64 -14 -5.56
Payment of Dividends
- - 0.00 - -3.73 -3.69 -3.71 -3.66 -3.62 -3.44
Issuance of Debt
49 85 48 67 58 38 81 40 113 51

Annual Balance Sheets for Civeo

This table presents Civeo's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Total Assets
566 548 405
Total Current Assets
154 175 110
Cash & Equivalents
7.95 3.32 5.20
Accounts Receivable
120 143 89
Inventories, net
6.91 6.98 7.54
Prepaid Expenses
7.20 8.44 7.46
Other Current Assets
3.08 7.41 1.21
Other Current Nonoperating Assets
8.65 5.87 0.00
Plant, Property, & Equipment, net
302 271 205
Total Noncurrent Assets
111 102 90
Goodwill
7.67 7.69 7.00
Intangible Assets
82 78 67
Other Noncurrent Operating Assets
21 17 16
Total Liabilities & Shareholders' Equity
566 548 405
Total Liabilities
262 225 168
Total Current Liabilities
128 114 93
Accounts Payable
51 59 40
Accrued Expenses
39 41 35
Current Deferred Revenue
0.99 4.85 2.50
Current Deferred & Payable Income Tax Liabilities
0.18 3.83 11
Other Current Liabilities
8.34 6.33 4.39
Total Noncurrent Liabilities
134 111 75
Long-Term Debt
103 66 43
Noncurrent Deferred & Payable Income Tax Liabilities
4.78 12 3.56
Other Noncurrent Operating Liabilities
27 33 29
Commitments & Contingencies
0.00 0.00 0.00
Total Equity & Noncontrolling Interests
304 323 237
Total Preferred & Common Equity
300 320 236
Total Common Equity
300 320 236
Common Stock
1,625 1,629 1,632
Retained Earnings
-930 -919 -981
Treasury Stock
-9.06 -9.06 -10
Accumulated Other Comprehensive Income / (Loss)
-385 -381 -405
Noncontrolling Interest
3.56 2.87 0.63

Quarterly Balance Sheets for Civeo

This table presents Civeo's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
583 551 559 557 513 483 478
Total Current Assets
165 159 176 191 169 152 146
Cash & Equivalents
8.36 12 11 7.82 17 7.44 18
Accounts Receivable
122 123 140 154 131 124 107
Inventories, net
6.98 7.38 7.17 6.27 7.23 8.35 8.77
Prepaid Expenses
9.49 5.14 6.17 11 6.09 9.09 11
Other Current Assets
3.85 2.59 2.83 3.25 3.52 2.38 1.22
Other Current Nonoperating Assets
14 8.18 8.20 8.19 3.80 0.00 0.00
Plant, Property, & Equipment, net
310 284 276 263 246 237 234
Total Noncurrent Assets
109 108 108 103 98 95 98
Goodwill
7.32 7.57 7.52 7.29 7.36 7.54 7.81
Intangible Assets
82 80 81 78 75 73 72
Other Noncurrent Operating Assets
20 20 19 18 16 15 18
Total Liabilities & Shareholders' Equity
583 551 559 557 513 483 478
Total Liabilities
247 259 264 263 213 184 194
Total Current Liabilities
118 103 103 125 93 98 107
Accounts Payable
46 48 48 53 49 47 48
Accrued Expenses
32 21 28 49 26 32 36
Current Deferred Revenue
2.09 3.99 3.10 6.88 4.49 4.19 2.79
Current Deferred & Payable Income Tax Liabilities
0.11 0.22 0.10 0.17 7.43 9.69 14
Other Current Liabilities
8.90 8.39 9.53 9.28 6.17 4.86 5.04
Total Noncurrent Liabilities
129 156 161 137 120 86 87
Long-Term Debt
97 120 121 96 79 47 50
Noncurrent Deferred & Payable Income Tax Liabilities
7.34 5.87 8.63 7.02 9.05 7.18 5.24
Other Noncurrent Operating Liabilities
25 29 31 34 32 31 32
Total Equity & Noncontrolling Interests
336 292 295 294 300 299 284
Total Preferred & Common Equity
333 289 292 291 297 297 282
Total Common Equity
270 289 292 291 297 297 282
Common Stock
1,585 1,625 1,627 1,628 1,630 1,630 1,631
Retained Earnings
-912 -940 -940 -936 -931 -933 -957
Treasury Stock
-9.06 -9.06 -9.06 -9.06 -10 -10 -10
Accumulated Other Comprehensive Income / (Loss)
-394 -387 -385 -392 -391 -389 -382
Noncontrolling Interest
2.89 3.47 3.17 3.24 2.73 1.96 1.79

Annual Metrics and Ratios for Civeo

This table displays calculated financial ratios and metrics derived from Civeo's official financial filings.

Metric 2022 2023 2024
Growth Metrics
- - -
Revenue Growth
17.26% 0.54% -2.67%
EBITDA Growth
6.87% 17.49% -45.62%
EBIT Growth
15.15% 140.75% -96.54%
NOPAT Growth
290.10% 189.76% -96.79%
Net Income Growth
153.50% 369.67% -161.99%
EPS Growth
-425.00% 1,057.14% -159.20%
Operating Cash Flow Growth
3.66% 5.22% -13.52%
Free Cash Flow Firm Growth
12.25% -38.55% 55.36%
Invested Capital Growth
-19.33% -9.25% -27.49%
Revenue Q/Q Growth
0.35% 1.24% -2.83%
EBITDA Q/Q Growth
-18.67% 43.17% -37.81%
EBIT Q/Q Growth
-54.30% 487.24% -95.91%
NOPAT Q/Q Growth
-65.43% 312.98% -93.92%
Net Income Q/Q Growth
-78.39% 695.55% -193.77%
EPS Q/Q Growth
-111.67% 602.50% -186.86%
Operating Cash Flow Q/Q Growth
4.69% 12.29% -26.74%
Free Cash Flow Firm Q/Q Growth
-4.75% 4.44% 31.25%
Invested Capital Q/Q Growth
-4.72% -0.41% -12.98%
Profitability Metrics
- - -
Gross Margin
25.82% 24.33% 21.91%
EBITDA Margin
15.69% 18.34% 10.25%
Operating Margin
2.44% 5.63% 0.20%
EBIT Margin
3.18% 7.62% 0.27%
Profit (Net Income) Margin
0.91% 4.24% -2.70%
Tax Burden Percent
58.98% 73.66% 310.41%
Interest Burden Percent
48.41% 75.63% -321.09%
Effective Tax Rate
41.02% 26.34% 0.00%
Return on Invested Capital (ROIC)
2.14% 7.29% 0.28%
ROIC Less NNEP Spread (ROIC-NNEP)
-0.61% 8.05% -40.71%
Return on Net Nonoperating Assets (RNNOA)
-0.25% 2.19% -6.87%
Return on Equity (ROE)
1.90% 9.49% -6.58%
Cash Return on Invested Capital (CROIC)
23.55% 16.99% 32.16%
Operating Return on Assets (OROA)
3.58% 9.58% 0.39%
Return on Assets (ROA)
1.02% 5.34% -3.87%
Return on Common Equity (ROCE)
1.71% 9.39% -6.54%
Return on Equity Simple (ROE_SIMPLE)
2.11% 9.29% -7.80%
Net Operating Profit after Tax (NOPAT)
10 29 0.93
NOPAT Margin
1.44% 4.15% 0.14%
Net Nonoperating Expense Percent (NNEP)
2.75% -0.76% 41.00%
Return On Investment Capital (ROIC_SIMPLE)
2.31% 7.48% 0.33%
Cost of Revenue to Revenue
74.18% 75.67% 78.09%
SG&A Expenses to Revenue
10.05% 10.43% 10.88%
R&D to Revenue
0.00% 0.00% 0.00%
Operating Expenses to Revenue
23.38% 18.70% 21.72%
Earnings before Interest and Taxes (EBIT)
22 53 1.85
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
109 129 70
Valuation Ratios
- - -
Price to Book Value (P/BV)
1.32 1.00 1.31
Price to Tangible Book Value (P/TBV)
1.88 1.37 1.90
Price to Revenue (P/Rev)
0.57 0.46 0.45
Price to Earnings (P/E)
178.15 10.63 0.00
Dividend Yield
0.00% 2.30% 4.44%
Earnings Yield
0.56% 9.41% 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.25 1.02 1.27
Enterprise Value to Revenue (EV/Rev)
0.75 0.55 0.51
Enterprise Value to EBITDA (EV/EBITDA)
4.78 3.00 4.99
Enterprise Value to EBIT (EV/EBIT)
23.60 7.23 188.63
Enterprise Value to NOPAT (EV/NOPAT)
52.12 13.26 374.06
Enterprise Value to Operating Cash Flow (EV/OCF)
5.70 3.99 4.18
Enterprise Value to Free Cash Flow (EV/FCFF)
4.75 5.69 3.31
Leverage & Solvency
- - -
Debt to Equity
0.43 0.20 0.18
Long-Term Debt to Equity
0.34 0.20 0.18
Financial Leverage
0.40 0.27 0.17
Leverage Ratio
1.86 1.78 1.70
Compound Leverage Factor
0.90 1.34 -5.46
Debt to Total Capital
30.13% 16.87% 15.45%
Short-Term Debt to Total Capital
6.55% 0.00% 0.00%
Long-Term Debt to Total Capital
23.58% 16.87% 15.45%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.82% 0.74% 0.22%
Common Equity to Total Capital
69.05% 82.39% 84.33%
Debt to EBITDA
1.20 0.51 0.62
Net Debt to EBITDA
1.12 0.48 0.55
Long-Term Debt to EBITDA
0.94 0.51 0.62
Debt to NOPAT
13.05 2.25 46.44
Net Debt to NOPAT
12.25 2.14 40.86
Long-Term Debt to NOPAT
10.21 2.25 46.44
Altman Z-Score
0.02 0.24 -0.53
Noncontrolling Interest Sharing Ratio
10.07% 1.03% 0.62%
Liquidity Ratios
- - -
Current Ratio
1.20 1.53 1.19
Quick Ratio
1.00 1.28 1.02
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
110 68 105
Operating Cash Flow to CapEx
1,004.63% 648.39% 552.06%
Free Cash Flow to Firm to Interest Expense
9.61 5.14 13.20
Operating Cash Flow to Interest Expense
8.00 7.33 10.47
Operating Cash Flow Less CapEx to Interest Expense
7.20 6.20 8.58
Efficiency Ratios
- - -
Asset Turnover
1.13 1.26 1.43
Accounts Receivable Turnover
5.94 5.33 5.87
Inventory Turnover
77.32 76.36 73.38
Fixed Asset Turnover
2.01 2.45 2.87
Accounts Payable Turnover
10.30 9.66 10.80
Days Sales Outstanding (DSO)
61.43 68.48 62.14
Days Inventory Outstanding (DIO)
4.72 4.78 4.97
Days Payable Outstanding (DPO)
35.44 37.78 33.81
Cash Conversion Cycle (CCC)
30.71 35.48 33.31
Capital & Investment Metrics
- - -
Invested Capital
418 379 275
Invested Capital Turnover
1.49 1.76 2.08
Increase / (Decrease) in Invested Capital
-100 -39 -104
Enterprise Value (EV)
523 386 349
Market Capitalization
397 320 310
Book Value per Share
$21.89 $21.71 $17.16
Tangible Book Value per Share
$15.37 $15.90 $11.83
Total Capital
435 389 280
Total Debt
131 66 43
Total Long-Term Debt
103 66 43
Net Debt
123 62 38
Capital Expenditures (CapEx)
9.14 15 15
Debt-free, Cash-free Net Working Capital (DFCFNWC)
46 58 13
Debt-free Net Working Capital (DFNWC)
54 61 18
Net Working Capital (NWC)
25 61 18
Net Nonoperating Expense (NNE)
3.71 -0.65 19
Net Nonoperating Obligations (NNO)
114 56 38
Total Depreciation and Amortization (D&A)
87 75 68
Debt-free, Cash-free Net Working Capital to Revenue
6.57% 8.23% 1.85%
Debt-free Net Working Capital to Revenue
7.71% 8.71% 2.61%
Net Working Capital to Revenue
3.63% 8.71% 2.61%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
($0.21) $2.02 ($1.19)
Adjusted Weighted Average Basic Shares Outstanding
14.00M 14.91M 14.29M
Adjusted Diluted Earnings per Share
($0.21) $2.01 ($1.19)
Adjusted Weighted Average Diluted Shares Outstanding
14.00M 15.01M 14.29M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
15.22M 14.67M 13.65M
Normalized Net Operating Profit after Tax (NOPAT)
13 16 5.02
Normalized NOPAT Margin
1.92% 2.34% 0.74%
Pre Tax Income Margin
1.54% 5.76% -0.87%
Debt Service Ratios
- - -
EBIT to Interest Expense
1.93 4.05 0.23
NOPAT to Interest Expense
0.87 2.21 0.12
EBIT Less CapEx to Interest Expense
1.14 2.92 -1.67
NOPAT Less CapEx to Interest Expense
0.08 1.08 -1.78
Payout Ratios
- - -
Dividend Payout Ratio
0.00% 24.97% -78.26%
Augmented Payout Ratio
224.47% 64.10% -238.96%

Quarterly Metrics and Ratios for Civeo

This table displays calculated financial ratios and metrics derived from Civeo's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
18.81% 1.50% 1.15% -3.30% -0.36% 5.31% -0.88% 5.52% -3.94% -11.62%
EBITDA Growth
33.45% -71.50% -22.46% -17.06% -20.60% 387.14% -23.58% -2.62% -37.37% -87.13%
EBIT Growth
103.39% -176.18% -124.51% -27.69% -12.60% 388.86% 8.67% 26.63% -97.81% -131.90%
NOPAT Growth
207.78% -220.00% -217.13% -50.23% 172.79% 249.39% 54.38% 44.74% -99.83% -154.90%
Net Income Growth
512.82% -210.84% -430.77% -59.27% 47.26% 287.65% 17.67% 79.67% -157.35% -168.13%
EPS Growth
0.00% -234.78% -800.00% -44.44% 90.63% 263.44% 16.67% 86.67% -159.02% -168.42%
Operating Cash Flow Growth
14.31% 16.24% -81.67% -10.49% -4.93% 35.95% 1,571.79% 66.77% -3.15% -76.24%
Free Cash Flow Firm Growth
0.23% -10.85% 77.03% 1.46% -18.39% -43.84% -53.06% -14.99% -14.95% 89.04%
Invested Capital Growth
-16.50% -19.33% -22.21% -17.76% -13.18% -9.25% -13.40% -17.49% -17.02% -27.49%
Revenue Q/Q Growth
-0.39% -11.96% 3.33% 6.71% 2.64% -6.96% -2.74% 13.60% -6.56% -14.40%
EBITDA Q/Q Growth
-5.74% -71.86% 101.90% 54.89% -9.76% 72.63% -68.33% 97.39% -41.97% -64.52%
EBIT Q/Q Growth
-11.55% -187.84% 87.23% 828.95% 6.90% 190.32% -104.04% 1,110.69% -98.15% -4,331.05%
NOPAT Q/Q Growth
-44.00% -226.60% 68.12% 320.16% 206.99% -30.67% -109.74% 798.51% -99.65% -22,925.00%
Net Income Q/Q Growth
-38.78% -292.74% 47.72% 166.03% 121.33% 145.59% -122.94% 244.09% -170.64% -191.76%
EPS Q/Q Growth
-40.74% -390.63% 54.84% 171.43% 103.33% 149.18% -123.03% 260.00% -164.29% -188.89%
Operating Cash Flow Q/Q Growth
78.71% -24.11% -98.78% 5,319.83% 89.83% 8.53% -85.03% 440.65% 10.24% -73.38%
Free Cash Flow Firm Q/Q Growth
-0.02% -1.98% 25.91% -17.78% -19.58% -32.54% 5.24% 48.91% -19.55% 49.94%
Invested Capital Q/Q Growth
-12.28% -4.72% -1.08% -0.53% -7.39% -0.41% -5.60% -5.22% -6.87% -12.98%
Profitability Metrics
- - - - - - - - - -
Gross Margin
27.54% 21.28% 20.33% 26.51% 29.02% 20.93% 21.48% 25.37% 21.43% 18.62%
EBITDA Margin
19.31% 6.17% 12.06% 17.50% 15.39% 28.55% 9.30% 16.15% 10.03% 4.16%
Operating Margin
5.85% -7.55% -2.33% 5.69% 8.74% 10.06% -1.07% 6.95% 0.03% -6.65%
EBIT Margin
7.04% -7.02% -0.87% 5.93% 6.17% 19.26% -0.80% 7.11% 0.14% -6.95%
Profit (Net Income) Margin
3.40% -7.44% -3.77% 2.33% 5.02% 13.26% -3.13% 3.97% -3.00% -10.22%
Tax Burden Percent
62.78% 81.78% 124.28% 59.15% 115.16% 74.54% 142.55% 66.42% 370.64% 127.13%
Interest Burden Percent
76.95% 129.62% 349.24% 66.47% 70.69% 92.38% 274.47% 83.99% -575.40% 115.68%
Effective Tax Rate
37.22% 0.00% 0.00% 40.85% -15.16% 25.46% 0.00% 33.58% 0.00% 0.00%
Return on Invested Capital (ROIC)
5.30% -7.87% -2.41% 5.11% 16.99% 13.18% -1.36% 8.72% 0.04% -9.71%
ROIC Less NNEP Spread (ROIC-NNEP)
4.93% -10.47% -4.97% 3.65% 7.24% 24.71% -5.76% 7.15% -8.89% -27.50%
Return on Net Nonoperating Assets (RNNOA)
1.97% -4.23% -2.09% 1.40% 2.18% 6.73% -1.75% 1.88% -1.83% -4.64%
Return on Equity (ROE)
7.26% -12.10% -4.50% 6.51% 19.17% 19.91% -3.11% 10.60% -1.80% -14.35%
Cash Return on Invested Capital (CROIC)
24.01% 23.55% 23.37% 20.23% 15.82% 16.99% 22.32% 27.97% 23.01% 32.16%
Operating Return on Assets (OROA)
7.71% -7.90% -0.99% 6.86% 7.50% 24.23% -1.05% 9.68% 0.19% -9.95%
Return on Assets (ROA)
3.73% -8.37% -4.30% 2.70% 6.10% 16.68% -4.11% 5.40% -4.07% -14.63%
Return on Common Equity (ROCE)
5.91% -10.88% -4.04% 5.84% 17.05% 19.71% -3.07% 10.50% -1.78% -14.26%
Return on Equity Simple (ROE_SIMPLE)
8.79% 0.00% -0.65% -2.72% -1.72% 0.00% 10.37% 11.49% 6.97% 0.00%
Net Operating Profit after Tax (NOPAT)
6.77 -8.57 -2.73 6.02 18 13 -1.25 8.71 0.03 -7.03
NOPAT Margin
3.68% -5.29% -1.63% 3.36% 10.06% 7.50% -0.75% 4.61% 0.02% -4.66%
Net Nonoperating Expense Percent (NNEP)
0.37% 2.60% 2.56% 1.46% 9.76% -11.53% 4.40% 1.56% 8.93% 17.79%
Return On Investment Capital (ROIC_SIMPLE)
- -1.97% - - - 3.30% - - - -2.51%
Cost of Revenue to Revenue
72.46% 78.72% 79.67% 73.49% 70.98% 79.07% 78.52% 74.63% 78.57% 81.38%
SG&A Expenses to Revenue
9.60% 12.00% 9.66% 9.20% 11.02% 11.83% 11.22% 9.24% 11.13% 12.28%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
21.68% 28.83% 22.66% 20.83% 20.28% 10.87% 22.55% 18.42% 21.41% 25.27%
Earnings before Interest and Taxes (EBIT)
13 -11 -1.45 11 11 33 -1.33 13 0.25 -10
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
36 10 20 31 28 49 15 30 18 6.28
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.26 1.32 1.04 0.96 1.02 1.00 1.31 1.23 1.40 1.31
Price to Tangible Book Value (P/TBV)
1.89 1.88 1.50 1.38 1.43 1.37 1.81 1.68 1.95 1.90
Price to Revenue (P/Rev)
0.49 0.57 0.43 0.40 0.43 0.46 0.56 0.51 0.56 0.45
Price to Earnings (P/E)
13.64 178.15 0.00 0.00 0.00 10.63 12.43 10.37 18.73 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 1.26% 2.30% 2.82% 4.01% 4.56% 4.44%
Earnings Yield
7.33% 0.56% 0.00% 0.00% 0.00% 9.41% 8.05% 9.64% 5.34% 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.19 1.25 1.05 0.99 1.03 1.02 1.27 1.20 1.35 1.27
Enterprise Value to Revenue (EV/Rev)
0.75 0.75 0.62 0.59 0.57 0.55 0.65 0.57 0.61 0.51
Enterprise Value to EBITDA (EV/EBITDA)
3.90 4.78 4.19 4.20 4.39 3.00 3.67 3.31 3.81 4.99
Enterprise Value to EBIT (EV/EBIT)
10.80 23.60 29.35 38.05 43.32 7.23 8.50 7.22 9.46 188.63
Enterprise Value to NOPAT (EV/NOPAT)
18.04 52.12 0.00 121.24 55.90 13.26 14.80 12.29 27.89 374.06
Enterprise Value to Operating Cash Flow (EV/OCF)
5.98 5.70 4.81 4.64 4.58 3.99 4.45 3.53 3.75 4.18
Enterprise Value to Free Cash Flow (EV/FCFF)
4.53 4.75 3.93 4.42 6.07 5.69 5.28 3.87 5.33 3.31
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.37 0.43 0.49 0.46 0.35 0.20 0.26 0.16 0.18 0.18
Long-Term Debt to Equity
0.29 0.34 0.41 0.41 0.33 0.20 0.26 0.16 0.18 0.18
Financial Leverage
0.40 0.40 0.42 0.38 0.30 0.27 0.30 0.26 0.21 0.17
Leverage Ratio
1.84 1.86 1.84 1.82 1.81 1.78 1.80 1.75 1.79 1.70
Compound Leverage Factor
1.42 2.41 6.43 1.21 1.28 1.64 4.93 1.47 -10.30 1.97
Debt to Total Capital
27.05% 30.13% 32.69% 31.48% 25.95% 16.87% 20.75% 13.69% 14.99% 15.45%
Short-Term Debt to Total Capital
6.07% 6.55% 4.95% 3.40% 1.80% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
20.99% 23.58% 27.74% 28.07% 24.15% 16.87% 20.75% 13.69% 14.99% 15.45%
Preferred Equity to Total Capital
13.76% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.63% 0.82% 0.80% 0.74% 0.82% 0.74% 0.72% 0.57% 0.53% 0.22%
Common Equity to Total Capital
58.56% 69.05% 66.51% 67.79% 73.24% 82.39% 78.52% 85.74% 84.47% 84.33%
Debt to EBITDA
0.93 1.20 1.37 1.40 1.15 0.51 0.64 0.39 0.45 0.62
Net Debt to EBITDA
0.87 1.12 1.25 1.28 1.06 0.48 0.50 0.33 0.29 0.55
Long-Term Debt to EBITDA
0.72 0.94 1.16 1.25 1.07 0.51 0.64 0.39 0.45 0.62
Debt to NOPAT
4.29 13.05 -18.53 40.32 14.62 2.25 2.56 1.44 3.26 46.44
Net Debt to NOPAT
4.01 12.25 -16.91 36.92 13.51 2.14 2.01 1.21 2.10 40.86
Long-Term Debt to NOPAT
3.33 10.21 -15.72 35.96 13.61 2.25 2.56 1.44 3.26 46.44
Altman Z-Score
0.00 -0.18 -0.31 -0.26 -0.23 0.12 0.09 0.18 -0.02 -0.63
Noncontrolling Interest Sharing Ratio
18.69% 10.07% 10.22% 10.42% 11.04% 1.03% 1.05% 0.86% 0.87% 0.62%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.40 1.20 1.54 1.71 1.52 1.53 1.82 1.55 1.36 1.19
Quick Ratio
1.11 1.00 1.31 1.48 1.29 1.28 1.60 1.34 1.17 1.02
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
93 92 115 95 76 51 54 81 65 97
Operating Cash Flow to CapEx
26,534.93% 806.83% 14.28% 298.92% 720.64% 5,098.47% 0.00% 2,190.79% 482.50% 127.94%
Free Cash Flow to Firm to Interest Expense
31.15 26.97 31.56 26.32 22.67 20.16 22.95 36.60 37.61 57.73
Operating Cash Flow to Interest Expense
12.91 8.66 0.10 5.38 10.95 15.66 2.54 14.69 20.68 5.64
Operating Cash Flow Less CapEx to Interest Expense
12.86 7.58 -0.59 3.58 9.43 15.36 3.03 14.02 16.39 1.23
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.10 1.13 1.14 1.16 1.21 1.26 1.31 1.36 1.36 1.43
Accounts Receivable Turnover
6.03 5.94 5.65 5.04 5.01 5.33 5.50 5.36 5.39 5.87
Inventory Turnover
77.51 77.32 71.64 72.30 78.89 76.36 72.16 69.14 72.45 73.38
Fixed Asset Turnover
1.96 2.01 2.09 2.22 2.42 2.45 2.64 2.77 2.82 2.87
Accounts Payable Turnover
11.08 10.30 11.04 11.30 10.53 9.66 10.93 11.31 10.72 10.80
Days Sales Outstanding (DSO)
60.51 61.43 64.61 72.42 72.83 68.48 66.40 68.05 67.77 62.14
Days Inventory Outstanding (DIO)
4.71 4.72 5.10 5.05 4.63 4.78 5.06 5.28 5.04 4.97
Days Payable Outstanding (DPO)
32.93 35.44 33.05 32.30 34.67 37.78 33.39 32.28 34.04 33.81
Cash Conversion Cycle (CCC)
32.29 30.71 36.65 45.16 42.78 35.48 38.07 41.05 38.77 33.31
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
439 418 414 411 381 379 358 339 316 275
Invested Capital Turnover
1.44 1.49 1.48 1.52 1.69 1.76 1.81 1.89 2.01 2.08
Increase / (Decrease) in Invested Capital
-87 -100 -118 -89 -58 -39 -55 -72 -65 -104
Enterprise Value (EV)
524 523 434 408 394 386 454 406 428 349
Market Capitalization
341 397 301 281 295 320 390 364 394 310
Book Value per Share
$19.02 $21.89 $18.97 $19.41 $19.59 $21.71 $20.27 $20.34 $19.63 $17.16
Tangible Book Value per Share
$12.73 $15.37 $13.19 $13.56 $13.87 $15.90 $14.68 $14.85 $14.05 $11.83
Total Capital
461 435 434 431 397 389 379 347 334 280
Total Debt
125 131 142 136 103 66 79 47 50 43
Total Long-Term Debt
97 103 120 121 96 66 79 47 50 43
Net Debt
116 123 130 124 95 62 62 40 32 38
Capital Expenditures (CapEx)
0.15 3.64 2.51 6.49 5.11 0.78 -1.17 1.48 7.39 7.42
Debt-free, Cash-free Net Working Capital (DFCFNWC)
67 46 65 76 65 58 59 46 21 13
Debt-free Net Working Capital (DFNWC)
75 54 77 88 72 61 76 54 39 18
Net Working Capital (NWC)
47 25 55 73 65 61 76 54 39 18
Net Nonoperating Expense (NNE)
0.51 3.50 3.58 1.85 9.25 -9.84 3.95 1.22 5.32 8.40
Net Nonoperating Obligations (NNO)
103 114 121 116 87 56 58 40 32 38
Total Depreciation and Amortization (D&A)
23 21 22 21 17 16 17 17 17 17
Debt-free, Cash-free Net Working Capital to Revenue
9.59% 6.57% 9.23% 11.03% 9.34% 8.23% 8.47% 6.50% 2.96% 1.85%
Debt-free Net Working Capital to Revenue
10.79% 7.71% 11.00% 12.68% 10.47% 8.71% 10.87% 7.54% 5.51% 2.61%
Net Working Capital to Revenue
6.77% 3.63% 7.93% 10.56% 9.44% 8.71% 10.87% 7.54% 5.51% 2.61%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.32 ($0.93) ($0.42) $0.30 $0.61 $1.53 ($0.35) $0.57 ($0.36) ($1.05)
Adjusted Weighted Average Basic Shares Outstanding
13.93M 14.00M 15.16M 14.97M 14.81M 14.91M 14.66M 14.52M 14.29M 14.29M
Adjusted Diluted Earnings per Share
$0.32 ($0.93) ($0.42) $0.30 $0.61 $1.52 ($0.35) $0.56 ($0.36) ($1.04)
Adjusted Weighted Average Diluted Shares Outstanding
14.06M 14.00M 15.16M 15M 14.89M 15.01M 14.66M 14.60M 14.29M 14.29M
Adjusted Basic & Diluted Earnings per Share
$0.00 ($0.93) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
13.71M 15.22M 15.05M 14.84M 14.75M 14.67M 14.62M 14.37M 13.77M 13.65M
Normalized Net Operating Profit after Tax (NOPAT)
6.77 -8.57 -2.73 6.02 11 -0.01 -0.02 8.77 0.15 -4.35
Normalized NOPAT Margin
3.68% -5.29% -1.63% 3.36% 6.12% -0.01% -0.01% 4.65% 0.09% -2.88%
Pre Tax Income Margin
5.42% -9.10% -3.03% 3.94% 4.36% 17.79% -2.19% 5.97% -0.81% -8.04%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
4.32 -3.35 -0.40 2.94 3.37 12.89 -0.56 6.09 0.14 -6.23
NOPAT to Interest Expense
2.26 -2.52 -0.75 1.67 5.49 5.02 -0.53 3.95 0.02 -4.17
EBIT Less CapEx to Interest Expense
4.27 -4.42 -1.08 1.14 1.85 12.58 -0.07 5.42 -4.14 -10.63
NOPAT Less CapEx to Interest Expense
2.21 -3.60 -1.43 -0.13 3.97 4.71 -0.03 3.28 -4.27 -8.58
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% -74.74% 24.97% 36.08% 43.29% 74.68% -78.26%
Augmented Payout Ratio
62.86% 224.47% -951.35% -272.10% -259.48% 64.10% 71.98% 82.85% 209.37% -238.96%

Frequently Asked Questions About Civeo's Financials

When does Civeo's financial year end?

According to the most recent income statement we have on file, Civeo's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Civeo's net income changed over the last 2 years?

Civeo's net income appears to be on a downward trend, with a most recent value of -$18.43 million in 2024, falling from $6.33 million in 2022. The previous period was $29.73 million in 2023.

What is Civeo's operating income?
Civeo's total operating income in 2024 was $1.33 million, based on the following breakdown:
  • Total Gross Profit: $149.46 million
  • Total Operating Expenses: $148.12 million
How has Civeo revenue changed over the last 2 years?

Over the last 2 years, Civeo's total revenue changed from $697.05 million in 2022 to $682.12 million in 2024, a change of -2.1%.

How much debt does Civeo have?

Civeo's total liabilities were at $168.07 million at the end of 2024, a 25.3% decrease from 2023, and a 36.0% decrease since 2022.

How much cash does Civeo have?

In the past 2 years, Civeo's cash and equivalents has ranged from $3.32 million in 2023 to $7.95 million in 2022, and is currently $5.20 million as of their latest financial filing in 2024.

How has Civeo's book value per share changed over the last 2 years?

Over the last 2 years, Civeo's book value per share changed from 21.89 in 2022 to 17.16 in 2024, a change of -21.6%.



This page (NYSE:CVEO) was last updated on 4/20/2025 by MarketBeat.com Staff
From Our Partners