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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and Claritev Corp (CTEV). Click either name above to swap in a different company.

Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $233.0M, roughly 1.1× CSW INDUSTRIALS, INC.). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs -32.7%, a 37.1% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 6.2%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $22.7M). Over the past eight quarters, CSW INDUSTRIALS, INC.'s revenue compounded faster (5.1% CAGR vs 2.5%).

CSW vs CTEV — Head-to-Head

Bigger by revenue
CTEV
CTEV
1.1× larger
CTEV
$246.6M
$233.0M
CSW
Growing faster (revenue YoY)
CSW
CSW
+14.1% gap
CSW
20.3%
6.2%
CTEV
Higher net margin
CSW
CSW
37.1% more per $
CSW
4.4%
-32.7%
CTEV
More free cash flow
CTEV
CTEV
$13.7M more FCF
CTEV
$36.4M
$22.7M
CSW
Faster 2-yr revenue CAGR
CSW
CSW
Annualised
CSW
5.1%
2.5%
CTEV

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CSW
CSW
CTEV
CTEV
Revenue
$233.0M
$246.6M
Net Profit
$10.3M
$-80.6M
Gross Margin
39.7%
Operating Margin
7.4%
-3.1%
Net Margin
4.4%
-32.7%
Revenue YoY
20.3%
6.2%
Net Profit YoY
-61.9%
41.6%
EPS (diluted)
$0.62
$-4.88

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
CSW
CSW
CTEV
CTEV
Q4 25
$233.0M
$246.6M
Q3 25
$277.0M
$246.0M
Q2 25
$263.6M
$241.6M
Q1 25
$230.5M
$231.3M
Q4 24
$193.6M
$232.1M
Q3 24
$227.9M
$230.5M
Q2 24
$226.2M
$233.5M
Q1 24
$210.9M
$234.5M
Net Profit
CSW
CSW
CTEV
CTEV
Q4 25
$10.3M
$-80.6M
Q3 25
$40.7M
$-69.8M
Q2 25
$40.9M
$-62.6M
Q1 25
$35.1M
$-71.3M
Q4 24
$26.9M
$-138.0M
Q3 24
$36.1M
$-391.4M
Q2 24
$38.6M
$-576.7M
Q1 24
$31.8M
$-539.7M
Gross Margin
CSW
CSW
CTEV
CTEV
Q4 25
39.7%
Q3 25
43.0%
Q2 25
43.8%
Q1 25
44.2%
Q4 24
41.4%
Q3 24
45.6%
Q2 24
47.5%
Q1 24
44.4%
Operating Margin
CSW
CSW
CTEV
CTEV
Q4 25
7.4%
-3.1%
Q3 25
20.5%
4.1%
Q2 25
20.8%
6.9%
Q1 25
19.5%
4.2%
Q4 24
15.3%
-17.8%
Q3 24
22.6%
-146.7%
Q2 24
24.3%
-224.4%
Q1 24
21.0%
-207.4%
Net Margin
CSW
CSW
CTEV
CTEV
Q4 25
4.4%
-32.7%
Q3 25
14.7%
-28.4%
Q2 25
15.5%
-25.9%
Q1 25
15.2%
-30.8%
Q4 24
13.9%
-59.4%
Q3 24
15.8%
-169.8%
Q2 24
17.1%
-247.0%
Q1 24
15.1%
-230.1%
EPS (diluted)
CSW
CSW
CTEV
CTEV
Q4 25
$0.62
$-4.88
Q3 25
$2.41
$-4.23
Q2 25
$2.43
$-3.81
Q1 25
$2.05
$-4.38
Q4 24
$1.60
$-8.49
Q3 24
$2.26
$-24.25
Q2 24
$2.47
$-35.78
Q1 24
$2.03
$-33.40

Balance Sheet & Financial Strength

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

Metric
CSW
CSW
CTEV
CTEV
Cash + ST InvestmentsLiquidity on hand
$40.2M
$16.8M
Total DebtLower is stronger
$4.6B
Stockholders' EquityBook value
$1.1B
$-173.9M
Total Assets
$2.3B
$4.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSW
CSW
CTEV
CTEV
Q4 25
$40.2M
$16.8M
Q3 25
$31.5M
$39.2M
Q2 25
$38.0M
$56.4M
Q1 25
$225.8M
$23.1M
Q4 24
$213.8M
$16.8M
Q3 24
$273.2M
$86.6M
Q2 24
$18.9M
$48.8M
Q1 24
$22.2M
$58.7M
Total Debt
CSW
CSW
CTEV
CTEV
Q4 25
$4.6B
Q3 25
$4.5B
Q2 25
$4.5B
Q1 25
$800.1M
$4.5B
Q4 24
$4.5B
Q3 24
$4.5B
Q2 24
$4.5B
Q1 24
$166.0M
$4.5B
Stockholders' Equity
CSW
CSW
CTEV
CTEV
Q4 25
$1.1B
$-173.9M
Q3 25
$1.1B
$-101.8M
Q2 25
$1.1B
$-39.9M
Q1 25
$1.1B
$14.8M
Q4 24
$1.0B
$84.0M
Q3 24
$1.0B
$207.6M
Q2 24
$650.2M
$603.4M
Q1 24
$615.7M
$1.2B
Total Assets
CSW
CSW
CTEV
CTEV
Q4 25
$2.3B
$4.9B
Q3 25
$1.5B
$5.0B
Q2 25
$1.5B
$5.1B
Q1 25
$1.4B
$5.1B
Q4 24
$1.4B
$5.2B
Q3 24
$1.4B
$5.3B
Q2 24
$1.1B
$5.7B
Q1 24
$1.0B
$6.4B
Debt / Equity
CSW
CSW
CTEV
CTEV
Q4 25
Q3 25
Q2 25
Q1 25
0.75×
304.87×
Q4 24
53.67×
Q3 24
21.73×
Q2 24
7.48×
Q1 24
0.27×
3.85×

Cash Flow & Capital Efficiency

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

Metric
CSW
CSW
CTEV
CTEV
Operating Cash FlowLast quarter
$28.9M
$66.3M
Free Cash FlowOCF − Capex
$22.7M
$36.4M
FCF MarginFCF / Revenue
9.8%
14.8%
Capex IntensityCapex / Revenue
2.6%
12.1%
Cash ConversionOCF / Net Profit
2.81×
TTM Free Cash FlowTrailing 4 quarters
$162.0M
$-12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSW
CSW
CTEV
CTEV
Q4 25
$28.9M
$66.3M
Q3 25
$61.8M
$19.9M
Q2 25
$60.6M
$61.2M
Q1 25
$27.3M
$-30.1M
Q4 24
$11.6M
$-33.4M
Q3 24
$66.8M
$72.8M
Q2 24
$62.7M
$18.5M
Q1 24
$22.4M
$49.7M
Free Cash Flow
CSW
CSW
CTEV
CTEV
Q4 25
$22.7M
$36.4M
Q3 25
$58.7M
$-16.3M
Q2 25
$57.7M
$36.6M
Q1 25
$22.8M
$-68.9M
Q4 24
$8.5M
$-63.8M
Q3 24
$61.3M
$41.1M
Q2 24
$59.6M
$-7.0M
Q1 24
$17.5M
$19.2M
FCF Margin
CSW
CSW
CTEV
CTEV
Q4 25
9.8%
14.8%
Q3 25
21.2%
-6.6%
Q2 25
21.9%
15.2%
Q1 25
9.9%
-29.8%
Q4 24
4.4%
-27.5%
Q3 24
26.9%
17.8%
Q2 24
26.3%
-3.0%
Q1 24
8.3%
8.2%
Capex Intensity
CSW
CSW
CTEV
CTEV
Q4 25
2.6%
12.1%
Q3 25
1.1%
14.7%
Q2 25
1.1%
10.2%
Q1 25
2.0%
16.8%
Q4 24
1.6%
13.1%
Q3 24
2.4%
13.8%
Q2 24
1.4%
10.9%
Q1 24
2.3%
13.0%
Cash Conversion
CSW
CSW
CTEV
CTEV
Q4 25
2.81×
Q3 25
1.52×
Q2 25
1.48×
Q1 25
0.78×
Q4 24
0.43×
Q3 24
1.85×
Q2 24
1.62×
Q1 24
0.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

CTEV
CTEV

Segment breakdown not available.

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