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Side-by-side financial comparison of CIVITAS RESOURCES, INC. (CIVI) and Freedom Holding Corp. (FRHC). Click either name above to swap in a different company.

CIVITAS RESOURCES, INC. is the larger business by last-quarter revenue ($1.2B vs $628.6M, roughly 1.9× Freedom Holding Corp.). On growth, Freedom Holding Corp. posted the faster year-over-year revenue change (-4.1% vs -8.2%). Over the past eight quarters, Freedom Holding Corp.'s revenue compounded faster (16.3% CAGR vs 1.8%).

Civitas Resources, Inc. is a U.S.-based sustainable energy enterprise focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It primarily operates across the Denver-Julesburg Basin in Colorado, prioritizing low-emission, responsible energy production to meet diverse North American energy demand.

Freedom Holding Corp. is an investment conglomerate registered in Nevada, USA. The company provides a range of services in retail financial securities brokerage and trading, asset management, capital markets, investment research and counseling, investment banking and underwriting services, mortgages, insurance, banking and other consumer services. Its main area of focus is in the American stock market, as well as the markets of Europe and Central Asia, mainly Kazakhstan.

CIVI vs FRHC — Head-to-Head

Bigger by revenue
CIVI
CIVI
1.9× larger
CIVI
$1.2B
$628.6M
FRHC
Growing faster (revenue YoY)
FRHC
FRHC
+4.1% gap
FRHC
-4.1%
-8.2%
CIVI
Faster 2-yr revenue CAGR
FRHC
FRHC
Annualised
FRHC
16.3%
1.8%
CIVI

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
CIVI
CIVI
FRHC
FRHC
Revenue
$1.2B
$628.6M
Net Profit
$76.2M
Gross Margin
96.0%
Operating Margin
20.0%
14.9%
Net Margin
12.1%
Revenue YoY
-8.2%
-4.1%
Net Profit YoY
-2.6%
EPS (diluted)
$1.99
$1.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CIVI
CIVI
FRHC
FRHC
Q4 25
$628.6M
Q3 25
$1.2B
$526.1M
Q2 25
$1.1B
$533.4M
Q1 25
$1.2B
$363.7M
Q4 24
$1.3B
$655.2M
Q3 24
$1.3B
$580.9M
Q2 24
$1.3B
$450.7M
Q1 24
$1.3B
$464.7M
Net Profit
CIVI
CIVI
FRHC
FRHC
Q4 25
$76.2M
Q3 25
$38.7M
Q2 25
$30.4M
Q1 25
$-142.7M
Q4 24
$78.3M
Q3 24
$114.7M
Q2 24
$34.4M
Q1 24
$95.2M
Gross Margin
CIVI
CIVI
FRHC
FRHC
Q4 25
96.0%
Q3 25
97.1%
Q2 25
97.4%
Q1 25
96.6%
Q4 24
98.6%
Q3 24
99.1%
Q2 24
99.0%
Q1 24
Operating Margin
CIVI
CIVI
FRHC
FRHC
Q4 25
14.9%
Q3 25
20.0%
11.5%
Q2 25
15.3%
7.6%
Q1 25
20.7%
-42.7%
Q4 24
15.4%
15.0%
Q3 24
30.6%
22.1%
Q2 24
21.6%
9.2%
Q1 24
15.9%
22.5%
Net Margin
CIVI
CIVI
FRHC
FRHC
Q4 25
12.1%
Q3 25
7.4%
Q2 25
5.7%
Q1 25
-39.2%
Q4 24
11.9%
Q3 24
19.7%
Q2 24
7.6%
Q1 24
20.5%
EPS (diluted)
CIVI
CIVI
FRHC
FRHC
Q4 25
$1.25
Q3 25
$1.99
$0.63
Q2 25
$1.34
$0.50
Q1 25
$1.99
$-2.35
Q4 24
$1.56
$1.29
Q3 24
$3.01
$1.89
Q2 24
$2.15
$0.57
Q1 24
$1.74
$1.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CIVI
CIVI
FRHC
FRHC
Cash + ST InvestmentsLiquidity on hand
$56.0M
$869.2M
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$6.7B
$1.4B
Total Assets
$15.1B
$12.4B
Debt / EquityLower = less leverage
0.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIVI
CIVI
FRHC
FRHC
Q4 25
$869.2M
Q3 25
$56.0M
$636.0M
Q2 25
$69.0M
$567.9M
Q1 25
$20.0M
$837.3M
Q4 24
$76.0M
$577.9M
Q3 24
$47.1M
$569.2M
Q2 24
$91.9M
$718.7M
Q1 24
$52.1M
$545.1M
Total Debt
CIVI
CIVI
FRHC
FRHC
Q4 25
Q3 25
$5.1B
Q2 25
$5.4B
Q1 25
$5.1B
Q4 24
$4.5B
Q3 24
$4.8B
Q2 24
$4.9B
Q1 24
$4.4B
Stockholders' Equity
CIVI
CIVI
FRHC
FRHC
Q4 25
$1.4B
Q3 25
$6.7B
$1.2B
Q2 25
$6.8B
$1.2B
Q1 25
$6.7B
$1.2B
Q4 24
$6.6B
$1.3B
Q3 24
$6.7B
$1.3B
Q2 24
$6.6B
$1.1B
Q1 24
$6.6B
$1.2B
Total Assets
CIVI
CIVI
FRHC
FRHC
Q4 25
$12.4B
Q3 25
$15.1B
$10.3B
Q2 25
$15.4B
$9.7B
Q1 25
$15.3B
$9.9B
Q4 24
$14.9B
$9.1B
Q3 24
$15.0B
$8.8B
Q2 24
$15.0B
$8.5B
Q1 24
$15.1B
$8.3B
Debt / Equity
CIVI
CIVI
FRHC
FRHC
Q4 25
Q3 25
0.77×
Q2 25
0.79×
Q1 25
0.76×
Q4 24
0.68×
Q3 24
0.73×
Q2 24
0.74×
Q1 24
0.67×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CIVI
CIVI
FRHC
FRHC
Operating Cash FlowLast quarter
$860.0M
$717.8M
Free Cash FlowOCF − Capex
$651.7M
FCF MarginFCF / Revenue
103.7%
Capex IntensityCapex / Revenue
10.5%
Cash ConversionOCF / Net Profit
9.42×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIVI
CIVI
FRHC
FRHC
Q4 25
$717.8M
Q3 25
$860.0M
$535.3M
Q2 25
$298.0M
$480.8M
Q1 25
$719.0M
$1.3B
Q4 24
$858.2M
$-72.8M
Q3 24
$835.0M
$-438.0M
Q2 24
$359.0M
$854.1M
Q1 24
$813.0M
$309.0M
Free Cash Flow
CIVI
CIVI
FRHC
FRHC
Q4 25
$651.7M
Q3 25
$456.4M
Q2 25
$450.0M
Q1 25
Q4 24
$-92.7M
Q3 24
$-447.5M
Q2 24
$829.9M
Q1 24
FCF Margin
CIVI
CIVI
FRHC
FRHC
Q4 25
103.7%
Q3 25
86.7%
Q2 25
84.4%
Q1 25
Q4 24
-14.1%
Q3 24
-77.0%
Q2 24
184.1%
Q1 24
Capex Intensity
CIVI
CIVI
FRHC
FRHC
Q4 25
10.5%
Q3 25
15.0%
Q2 25
5.8%
Q1 25
Q4 24
3.0%
Q3 24
1.6%
Q2 24
5.4%
Q1 24
Cash Conversion
CIVI
CIVI
FRHC
FRHC
Q4 25
9.42×
Q3 25
13.82×
Q2 25
15.82×
Q1 25
Q4 24
-0.93×
Q3 24
-3.82×
Q2 24
24.83×
Q1 24
3.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CIVI
CIVI

Crude Oil Natural Gas And Natural Gas Liquids$1.2B99%
Oil And Gas Operation And Maintenance$8.0M1%
Natural Gas Reserves$2.0M0%

FRHC
FRHC

Segment breakdown not available.

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