vs

Side-by-side financial comparison of CIVITAS RESOURCES, INC. (CIVI) and WESTERN ALLIANCE BANCORPORATION (WAL). Click either name above to swap in a different company.

CIVITAS RESOURCES, INC. is the larger business by last-quarter revenue ($1.2B vs $1.0B, roughly 1.1× WESTERN ALLIANCE BANCORPORATION). On growth, WESTERN ALLIANCE BANCORPORATION posted the faster year-over-year revenue change (31.0% vs -8.2%). Over the past eight quarters, WESTERN ALLIANCE BANCORPORATION's revenue compounded faster (14.9% 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.

Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 97th on the Forbes list of America's Best Banks.

CIVI vs WAL — Head-to-Head

Bigger by revenue
CIVI
CIVI
1.1× larger
CIVI
$1.2B
$1.0B
WAL
Growing faster (revenue YoY)
WAL
WAL
+39.1% gap
WAL
31.0%
-8.2%
CIVI
Faster 2-yr revenue CAGR
WAL
WAL
Annualised
WAL
14.9%
1.8%
CIVI

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
CIVI
CIVI
WAL
WAL
Revenue
$1.2B
$1.0B
Net Profit
$189.2M
Gross Margin
Operating Margin
20.0%
Net Margin
18.6%
Revenue YoY
-8.2%
31.0%
Net Profit YoY
-5.0%
EPS (diluted)
$1.99
$1.65

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
WAL
WAL
Q1 26
$1.0B
Q4 25
$980.9M
Q3 25
$1.2B
$938.2M
Q2 25
$1.1B
$845.9M
Q1 25
$1.2B
$778.0M
Q4 24
$1.3B
$838.4M
Q3 24
$1.3B
$823.1M
Q2 24
$1.3B
$771.8M
Net Profit
CIVI
CIVI
WAL
WAL
Q1 26
$189.2M
Q4 25
$286.1M
Q3 25
$253.4M
Q2 25
$230.4M
Q1 25
$199.1M
Q4 24
$216.9M
Q3 24
$199.8M
Q2 24
$193.6M
Operating Margin
CIVI
CIVI
WAL
WAL
Q1 26
Q4 25
36.3%
Q3 25
20.0%
33.4%
Q2 25
15.3%
34.4%
Q1 25
20.7%
31.7%
Q4 24
15.4%
30.9%
Q3 24
30.6%
30.6%
Q2 24
21.6%
32.1%
Net Margin
CIVI
CIVI
WAL
WAL
Q1 26
18.6%
Q4 25
29.2%
Q3 25
27.0%
Q2 25
27.2%
Q1 25
25.6%
Q4 24
25.9%
Q3 24
24.3%
Q2 24
25.1%
EPS (diluted)
CIVI
CIVI
WAL
WAL
Q1 26
$1.65
Q4 25
$2.59
Q3 25
$1.99
$2.28
Q2 25
$1.34
$2.07
Q1 25
$1.99
$1.79
Q4 24
$1.56
$1.94
Q3 24
$3.01
$1.80
Q2 24
$2.15
$1.75

Balance Sheet & Financial Strength

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

Metric
CIVI
CIVI
WAL
WAL
Cash + ST InvestmentsLiquidity on hand
$56.0M
Total DebtLower is stronger
$5.1B
$4.3B
Stockholders' EquityBook value
$6.7B
$7.9B
Total Assets
$15.1B
$98.9B
Debt / EquityLower = less leverage
0.77×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIVI
CIVI
WAL
WAL
Q1 26
Q4 25
Q3 25
$56.0M
Q2 25
$69.0M
Q1 25
$20.0M
Q4 24
$76.0M
Q3 24
$47.1M
Q2 24
$91.9M
Total Debt
CIVI
CIVI
WAL
WAL
Q1 26
$4.3B
Q4 25
$1.4B
Q3 25
$5.1B
$2.9B
Q2 25
$5.4B
$2.9B
Q1 25
$5.1B
$1.6B
Q4 24
$4.5B
$2.4B
Q3 24
$4.8B
$1.4B
Q2 24
$4.9B
$436.0M
Stockholders' Equity
CIVI
CIVI
WAL
WAL
Q1 26
$7.9B
Q4 25
$7.7B
Q3 25
$6.7B
$7.4B
Q2 25
$6.8B
$7.1B
Q1 25
$6.7B
$6.9B
Q4 24
$6.6B
$6.7B
Q3 24
$6.7B
$6.7B
Q2 24
$6.6B
$6.3B
Total Assets
CIVI
CIVI
WAL
WAL
Q1 26
$98.9B
Q4 25
$92.8B
Q3 25
$15.1B
$91.0B
Q2 25
$15.4B
$86.7B
Q1 25
$15.3B
$83.0B
Q4 24
$14.9B
$80.9B
Q3 24
$15.0B
$80.1B
Q2 24
$15.0B
$80.6B
Debt / Equity
CIVI
CIVI
WAL
WAL
Q1 26
0.54×
Q4 25
0.18×
Q3 25
0.77×
0.39×
Q2 25
0.79×
0.41×
Q1 25
0.76×
0.23×
Q4 24
0.68×
0.36×
Q3 24
0.73×
0.21×
Q2 24
0.74×
0.07×

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
WAL
WAL
Operating Cash FlowLast quarter
$860.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIVI
CIVI
WAL
WAL
Q1 26
Q4 25
$-2.7B
Q3 25
$860.0M
$-597.4M
Q2 25
$298.0M
$-357.7M
Q1 25
$719.0M
$-1.7B
Q4 24
$858.2M
$-2.7B
Q3 24
$835.0M
$-1.1B
Q2 24
$359.0M
$-745.8M
Cash Conversion
CIVI
CIVI
WAL
WAL
Q1 26
Q4 25
-9.36×
Q3 25
-2.36×
Q2 25
-1.55×
Q1 25
-8.31×
Q4 24
-12.64×
Q3 24
-5.35×
Q2 24
-3.85×

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%

WAL
WAL

Segment breakdown not available.

Related Comparisons