vs
Side-by-side financial comparison of Claritev Corp (CTEV) and Seadrill Ltd (SDRL). Click either name above to swap in a different company.
Seadrill Ltd is the larger business by last-quarter revenue ($273.0M vs $246.6M, roughly 1.1× Claritev Corp). Seadrill Ltd runs the higher net margin — -3.7% vs -32.7%, a 29.0% gap on every dollar of revenue. Over the past eight quarters, Claritev Corp's revenue compounded faster (2.5% CAGR vs -8.9%).
Seadrill is an offshore drilling contractor providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deep water in both benign and harsh environments. It provides a contract-based service and primarily serves the oil super-majors, integrated oil and gas, state-owned national oil, and independent oil and gas companies.
CTEV vs SDRL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $273.0M |
| Net Profit | $-80.6M | $-10.0M |
| Gross Margin | — | — |
| Operating Margin | -3.1% | -1.1% |
| Net Margin | -32.7% | -3.7% |
| Revenue YoY | 6.2% | — |
| Net Profit YoY | 41.6% | — |
| EPS (diluted) | $-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.
| Q4 25 | $246.6M | $273.0M | ||
| Q3 25 | $246.0M | $280.0M | ||
| Q2 25 | $241.6M | $288.0M | ||
| Q1 25 | $231.3M | $248.0M | ||
| Q4 24 | $232.1M | — | ||
| Q3 24 | $230.5M | $263.0M | ||
| Q2 24 | $233.5M | $267.0M | ||
| Q1 24 | $234.5M | $275.0M |
| Q4 25 | $-80.6M | $-10.0M | ||
| Q3 25 | $-69.8M | $-11.0M | ||
| Q2 25 | $-62.6M | $-42.0M | ||
| Q1 25 | $-71.3M | $-14.0M | ||
| Q4 24 | $-138.0M | — | ||
| Q3 24 | $-391.4M | $32.0M | ||
| Q2 24 | $-576.7M | $253.0M | ||
| Q1 24 | $-539.7M | $60.0M |
| Q4 25 | -3.1% | -1.1% | ||
| Q3 25 | 4.1% | 9.3% | ||
| Q2 25 | 6.9% | 2.1% | ||
| Q1 25 | 4.2% | 7.3% | ||
| Q4 24 | -17.8% | — | ||
| Q3 24 | -146.7% | 17.9% | ||
| Q2 24 | -224.4% | — | ||
| Q1 24 | -207.4% | 29.1% |
| Q4 25 | -32.7% | -3.7% | ||
| Q3 25 | -28.4% | -3.9% | ||
| Q2 25 | -25.9% | -14.6% | ||
| Q1 25 | -30.8% | -5.6% | ||
| Q4 24 | -59.4% | — | ||
| Q3 24 | -169.8% | 12.2% | ||
| Q2 24 | -247.0% | 94.8% | ||
| Q1 24 | -230.1% | 21.8% |
| Q4 25 | $-4.88 | — | ||
| Q3 25 | $-4.23 | $-0.17 | ||
| Q2 25 | $-3.81 | $-0.68 | ||
| Q1 25 | $-4.38 | $-0.23 | ||
| Q4 24 | $-8.49 | — | ||
| Q3 24 | $-24.25 | $0.49 | ||
| Q2 24 | $-35.78 | $3.49 | ||
| Q1 24 | $-33.40 | $0.81 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $339.0M |
| Total DebtLower is stronger | $4.6B | $613.0M |
| Stockholders' EquityBook value | $-173.9M | $2.9B |
| Total Assets | $4.9B | $3.9B |
| Debt / EquityLower = less leverage | — | 0.21× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | $339.0M | ||
| Q3 25 | $39.2M | $402.0M | ||
| Q2 25 | $56.4M | $393.0M | ||
| Q1 25 | $23.1M | $404.0M | ||
| Q4 24 | $16.8M | — | ||
| Q3 24 | $86.6M | — | ||
| Q2 24 | $48.8M | $835.0M | ||
| Q1 24 | $58.7M | — |
| Q4 25 | $4.6B | $613.0M | ||
| Q3 25 | $4.5B | $612.0M | ||
| Q2 25 | $4.5B | $612.0M | ||
| Q1 25 | $4.5B | $611.0M | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $4.5B | $609.0M | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $-173.9M | $2.9B | ||
| Q3 25 | $-101.8M | $2.9B | ||
| Q2 25 | $-39.9M | $2.9B | ||
| Q1 25 | $14.8M | $2.9B | ||
| Q4 24 | $84.0M | — | ||
| Q3 24 | $207.6M | $2.9B | ||
| Q2 24 | $603.4M | $3.1B | ||
| Q1 24 | $1.2B | $2.9B |
| Q4 25 | $4.9B | $3.9B | ||
| Q3 25 | $5.0B | $4.1B | ||
| Q2 25 | $5.1B | $4.1B | ||
| Q1 25 | $5.1B | $4.1B | ||
| Q4 24 | $5.2B | — | ||
| Q3 24 | $5.3B | — | ||
| Q2 24 | $5.7B | $4.3B | ||
| Q1 24 | $6.4B | — |
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | 0.21× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | 304.87× | 0.21× | ||
| Q4 24 | 53.67× | — | ||
| Q3 24 | 21.73× | — | ||
| Q2 24 | 7.48× | 0.20× | ||
| Q1 24 | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $66.3M | $-40.0M |
| Free Cash FlowOCF − Capex | $36.4M | — |
| FCF MarginFCF / Revenue | 14.8% | — |
| Capex IntensityCapex / Revenue | 12.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | $-40.0M | ||
| Q3 25 | $19.9M | $28.0M | ||
| Q2 25 | $61.2M | $11.0M | ||
| Q1 25 | $-30.1M | $-27.0M | ||
| Q4 24 | $-33.4M | — | ||
| Q3 24 | $72.8M | $-27.0M | ||
| Q2 24 | $18.5M | $79.0M | ||
| Q1 24 | $49.7M | $29.0M |
| Q4 25 | $36.4M | — | ||
| Q3 25 | $-16.3M | — | ||
| Q2 25 | $36.6M | — | ||
| Q1 25 | $-68.9M | — | ||
| Q4 24 | $-63.8M | — | ||
| Q3 24 | $41.1M | — | ||
| Q2 24 | $-7.0M | — | ||
| Q1 24 | $19.2M | — |
| Q4 25 | 14.8% | — | ||
| Q3 25 | -6.6% | — | ||
| Q2 25 | 15.2% | — | ||
| Q1 25 | -29.8% | — | ||
| Q4 24 | -27.5% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | -3.0% | — | ||
| Q1 24 | 8.2% | — |
| Q4 25 | 12.1% | — | ||
| Q3 25 | 14.7% | — | ||
| Q2 25 | 10.2% | — | ||
| Q1 25 | 16.8% | — | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 13.8% | — | ||
| Q2 24 | 10.9% | — | ||
| Q1 24 | 13.0% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -0.84× | ||
| Q2 24 | — | 0.31× | ||
| Q1 24 | — | 0.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
