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

CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $161.6M, roughly 1.4× Civeo Corp). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs -4.0%, a 8.4% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 7.1%). CSW INDUSTRIALS, INC. produced more free cash flow last quarter ($22.7M vs $14.5M). Over the past eight quarters, CSW INDUSTRIALS, INC.'s revenue compounded faster (5.1% CAGR vs -1.4%).

The Civeo Corporation is an American accommodation services multinational corporation. It is a spin-off of Oil States International. It is a public company listed on the New York Stock Exchange.

CSW vs CVEO — Head-to-Head

Bigger by revenue
CSW
CSW
1.4× larger
CSW
$233.0M
$161.6M
CVEO
Growing faster (revenue YoY)
CSW
CSW
+13.2% gap
CSW
20.3%
7.1%
CVEO
Higher net margin
CSW
CSW
8.4% more per $
CSW
4.4%
-4.0%
CVEO
More free cash flow
CSW
CSW
$8.3M more FCF
CSW
$22.7M
$14.5M
CVEO
Faster 2-yr revenue CAGR
CSW
CSW
Annualised
CSW
5.1%
-1.4%
CVEO

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CSW
CSW
CVEO
CVEO
Revenue
$233.0M
$161.6M
Net Profit
$10.3M
$-6.5M
Gross Margin
39.7%
22.7%
Operating Margin
7.4%
-0.1%
Net Margin
4.4%
-4.0%
Revenue YoY
20.3%
7.1%
Net Profit YoY
-61.9%
58.1%
EPS (diluted)
$0.62
$-0.58

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
CVEO
CVEO
Q4 25
$233.0M
$161.6M
Q3 25
$277.0M
$170.5M
Q2 25
$263.6M
$162.7M
Q1 25
$230.5M
$144.0M
Q4 24
$193.6M
$151.0M
Q3 24
$227.9M
$176.3M
Q2 24
$226.2M
$188.7M
Q1 24
$210.9M
$166.1M
Net Profit
CSW
CSW
CVEO
CVEO
Q4 25
$10.3M
$-6.5M
Q3 25
$40.7M
$-455.0K
Q2 25
$40.9M
$-3.3M
Q1 25
$35.1M
$-9.8M
Q4 24
$26.9M
$-15.4M
Q3 24
$36.1M
$-5.1M
Q2 24
$38.6M
$8.2M
Q1 24
$31.8M
$-5.1M
Gross Margin
CSW
CSW
CVEO
CVEO
Q4 25
39.7%
22.7%
Q3 25
43.0%
25.7%
Q2 25
43.8%
25.3%
Q1 25
44.2%
20.4%
Q4 24
41.4%
18.6%
Q3 24
45.6%
21.4%
Q2 24
47.5%
25.4%
Q1 24
44.4%
21.5%
Operating Margin
CSW
CSW
CVEO
CVEO
Q4 25
7.4%
-0.1%
Q3 25
20.5%
4.1%
Q2 25
20.8%
1.7%
Q1 25
19.5%
-3.8%
Q4 24
15.3%
-6.7%
Q3 24
22.6%
0.0%
Q2 24
24.3%
6.9%
Q1 24
21.0%
-1.1%
Net Margin
CSW
CSW
CVEO
CVEO
Q4 25
4.4%
-4.0%
Q3 25
14.7%
-0.3%
Q2 25
15.5%
-2.0%
Q1 25
15.2%
-6.8%
Q4 24
13.9%
-10.2%
Q3 24
15.8%
-2.9%
Q2 24
17.1%
4.4%
Q1 24
15.1%
-3.1%
EPS (diluted)
CSW
CSW
CVEO
CVEO
Q4 25
$0.62
$-0.58
Q3 25
$2.41
$-0.04
Q2 25
$2.43
$-0.25
Q1 25
$2.05
$-0.72
Q4 24
$1.60
$-1.04
Q3 24
$2.26
$-0.36
Q2 24
$2.47
$0.56
Q1 24
$2.03
$-0.35

Balance Sheet & Financial Strength

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

Metric
CSW
CSW
CVEO
CVEO
Cash + ST InvestmentsLiquidity on hand
$40.2M
$14.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$174.4M
Total Assets
$2.3B
$477.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSW
CSW
CVEO
CVEO
Q4 25
$40.2M
$14.4M
Q3 25
$31.5M
$12.0M
Q2 25
$38.0M
$14.6M
Q1 25
$225.8M
$28.4M
Q4 24
$213.8M
$5.2M
Q3 24
$273.2M
$17.9M
Q2 24
$18.9M
$7.4M
Q1 24
$22.2M
$16.8M
Total Debt
CSW
CSW
CVEO
CVEO
Q4 25
Q3 25
Q2 25
Q1 25
$800.1M
Q4 24
$43.3M
Q3 24
Q2 24
Q1 24
$166.0M
Stockholders' Equity
CSW
CSW
CVEO
CVEO
Q4 25
$1.1B
$174.4M
Q3 25
$1.1B
$182.5M
Q2 25
$1.1B
$209.4M
Q1 25
$1.1B
$220.7M
Q4 24
$1.0B
$236.4M
Q3 24
$1.0B
$282.2M
Q2 24
$650.2M
$297.4M
Q1 24
$615.7M
$297.4M
Total Assets
CSW
CSW
CVEO
CVEO
Q4 25
$2.3B
$477.4M
Q3 25
$1.5B
$491.1M
Q2 25
$1.5B
$508.8M
Q1 25
$1.4B
$423.8M
Q4 24
$1.4B
$405.1M
Q3 24
$1.4B
$477.6M
Q2 24
$1.1B
$483.2M
Q1 24
$1.0B
$513.1M
Debt / Equity
CSW
CSW
CVEO
CVEO
Q4 25
Q3 25
Q2 25
Q1 25
0.75×
Q4 24
0.18×
Q3 24
Q2 24
Q1 24
0.27×

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
CVEO
CVEO
Operating Cash FlowLast quarter
$28.9M
$19.3M
Free Cash FlowOCF − Capex
$22.7M
$14.5M
FCF MarginFCF / Revenue
9.8%
8.9%
Capex IntensityCapex / Revenue
2.6%
3.0%
Cash ConversionOCF / Net Profit
2.81×
TTM Free Cash FlowTrailing 4 quarters
$162.0M
$2.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSW
CSW
CVEO
CVEO
Q4 25
$28.9M
$19.3M
Q3 25
$61.8M
$13.8M
Q2 25
$60.6M
$-2.3M
Q1 25
$27.3M
$-8.4M
Q4 24
$11.6M
$9.5M
Q3 24
$66.8M
$35.7M
Q2 24
$62.7M
$32.4M
Q1 24
$22.4M
$6.0M
Free Cash Flow
CSW
CSW
CVEO
CVEO
Q4 25
$22.7M
$14.5M
Q3 25
$58.7M
$8.2M
Q2 25
$57.7M
$-6.8M
Q1 25
$22.8M
$-13.7M
Q4 24
$8.5M
$1.8M
Q3 24
$61.3M
$28.2M
Q2 24
$59.6M
$27.0M
Q1 24
$17.5M
$372.0K
FCF Margin
CSW
CSW
CVEO
CVEO
Q4 25
9.8%
8.9%
Q3 25
21.2%
4.8%
Q2 25
21.9%
-4.2%
Q1 25
9.9%
-9.5%
Q4 24
4.4%
1.2%
Q3 24
26.9%
16.0%
Q2 24
26.3%
14.3%
Q1 24
8.3%
0.2%
Capex Intensity
CSW
CSW
CVEO
CVEO
Q4 25
2.6%
3.0%
Q3 25
1.1%
3.3%
Q2 25
1.1%
2.8%
Q1 25
2.0%
3.7%
Q4 24
1.6%
5.1%
Q3 24
2.4%
4.2%
Q2 24
1.4%
2.8%
Q1 24
2.3%
3.4%
Cash Conversion
CSW
CSW
CVEO
CVEO
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×
3.93×
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%

CVEO
CVEO

Segment breakdown not available.

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