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Side-by-side financial comparison of Civeo Corp (CVEO) and Empire State Realty Trust, Inc. (ESRT). Click either name above to swap in a different company.

Empire State Realty Trust, Inc. is the larger business by last-quarter revenue ($190.3M vs $161.6M, roughly 1.2× Civeo Corp). Empire State Realty Trust, Inc. runs the higher net margin — 1.6% vs -4.0%, a 5.6% gap on every dollar of revenue. On growth, Civeo Corp posted the faster year-over-year revenue change (7.1% vs 5.7%). Over the past eight quarters, Empire State Realty Trust, Inc.'s revenue compounded faster (0.2% 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.

Empire State Realty Trust is a leading real estate investment trust that owns, manages, and operates a portfolio of premium commercial, residential, and retail properties primarily in the New York City metropolitan area, including the iconic Empire State Building. It serves corporate tenants, retail partners, and residential occupants, focusing on sustainable property operations and long-term asset value growth.

CVEO vs ESRT — Head-to-Head

Bigger by revenue
ESRT
ESRT
1.2× larger
ESRT
$190.3M
$161.6M
CVEO
Growing faster (revenue YoY)
CVEO
CVEO
+1.4% gap
CVEO
7.1%
5.7%
ESRT
Higher net margin
ESRT
ESRT
5.6% more per $
ESRT
1.6%
-4.0%
CVEO
Faster 2-yr revenue CAGR
ESRT
ESRT
Annualised
ESRT
0.2%
-1.4%
CVEO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CVEO
CVEO
ESRT
ESRT
Revenue
$161.6M
$190.3M
Net Profit
$-6.5M
$3.0M
Gross Margin
22.7%
Operating Margin
-0.1%
15.5%
Net Margin
-4.0%
1.6%
Revenue YoY
7.1%
5.7%
Net Profit YoY
58.1%
-73.7%
EPS (diluted)
$-0.58
$0.20

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
CVEO
CVEO
ESRT
ESRT
Q1 26
$190.3M
Q4 25
$161.6M
$199.2M
Q3 25
$170.5M
$197.7M
Q2 25
$162.7M
$191.3M
Q1 25
$144.0M
$180.1M
Q4 24
$151.0M
$197.6M
Q3 24
$176.3M
$199.6M
Q2 24
$188.7M
$189.5M
Net Profit
CVEO
CVEO
ESRT
ESRT
Q1 26
$3.0M
Q4 25
$-6.5M
$32.2M
Q3 25
$-455.0K
$13.6M
Q2 25
$-3.3M
$11.4M
Q1 25
$-9.8M
$15.8M
Q4 24
$-15.4M
$18.8M
Q3 24
$-5.1M
$22.8M
Q2 24
$8.2M
$28.6M
Gross Margin
CVEO
CVEO
ESRT
ESRT
Q1 26
Q4 25
22.7%
Q3 25
25.7%
Q2 25
25.3%
Q1 25
20.4%
Q4 24
18.6%
Q3 24
21.4%
Q2 24
25.4%
Operating Margin
CVEO
CVEO
ESRT
ESRT
Q1 26
15.5%
Q4 25
-0.1%
17.8%
Q3 25
4.1%
19.9%
Q2 25
1.7%
18.4%
Q1 25
-3.8%
14.3%
Q4 24
-6.7%
21.7%
Q3 24
0.0%
22.7%
Q2 24
6.9%
20.8%
Net Margin
CVEO
CVEO
ESRT
ESRT
Q1 26
1.6%
Q4 25
-4.0%
16.1%
Q3 25
-0.3%
6.9%
Q2 25
-2.0%
6.0%
Q1 25
-6.8%
8.8%
Q4 24
-10.2%
9.5%
Q3 24
-2.9%
11.4%
Q2 24
4.4%
15.1%
EPS (diluted)
CVEO
CVEO
ESRT
ESRT
Q1 26
$0.20
Q4 25
$-0.58
$0.11
Q3 25
$-0.04
$0.05
Q2 25
$-0.25
$0.04
Q1 25
$-0.72
$0.05
Q4 24
$-1.04
$0.07
Q3 24
$-0.36
$0.08
Q2 24
$0.56
$0.10

Balance Sheet & Financial Strength

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

Metric
CVEO
CVEO
ESRT
ESRT
Cash + ST InvestmentsLiquidity on hand
$14.4M
$68.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$174.4M
$1.8B
Total Assets
$477.4M
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVEO
CVEO
ESRT
ESRT
Q1 26
$68.8M
Q4 25
$14.4M
$132.7M
Q3 25
$12.0M
$154.1M
Q2 25
$14.6M
$94.6M
Q1 25
$28.4M
$187.8M
Q4 24
$5.2M
$385.5M
Q3 24
$17.9M
$421.9M
Q2 24
$7.4M
$535.5M
Total Debt
CVEO
CVEO
ESRT
ESRT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$43.3M
Q3 24
Q2 24
Stockholders' Equity
CVEO
CVEO
ESRT
ESRT
Q1 26
$1.8B
Q4 25
$174.4M
$1.1B
Q3 25
$182.5M
$1.0B
Q2 25
$209.4M
$1.0B
Q1 25
$220.7M
$1.0B
Q4 24
$236.4M
$1.0B
Q3 24
$282.2M
$1.0B
Q2 24
$297.4M
$1.0B
Total Assets
CVEO
CVEO
ESRT
ESRT
Q1 26
$4.4B
Q4 25
$477.4M
$4.5B
Q3 25
$491.1M
$4.1B
Q2 25
$508.8M
$4.1B
Q1 25
$423.8M
$4.1B
Q4 24
$405.1M
$4.5B
Q3 24
$477.6M
$4.4B
Q2 24
$483.2M
$4.4B
Debt / Equity
CVEO
CVEO
ESRT
ESRT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.18×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
CVEO
CVEO
ESRT
ESRT
Operating Cash FlowLast quarter
$19.3M
Free Cash FlowOCF − Capex
$14.5M
FCF MarginFCF / Revenue
8.9%
Capex IntensityCapex / Revenue
3.0%
10.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$2.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVEO
CVEO
ESRT
ESRT
Q1 26
Q4 25
$19.3M
$249.1M
Q3 25
$13.8M
$105.3M
Q2 25
$-2.3M
$26.7M
Q1 25
$-8.4M
$83.1M
Q4 24
$9.5M
$260.9M
Q3 24
$35.7M
$102.8M
Q2 24
$32.4M
$37.1M
Free Cash Flow
CVEO
CVEO
ESRT
ESRT
Q1 26
Q4 25
$14.5M
$50.6M
Q3 25
$8.2M
$72.8M
Q2 25
$-6.8M
$-55.1M
Q1 25
$-13.7M
$41.1M
Q4 24
$1.8M
$88.0M
Q3 24
$28.2M
$-65.1M
Q2 24
$27.0M
$19.5M
FCF Margin
CVEO
CVEO
ESRT
ESRT
Q1 26
Q4 25
8.9%
25.4%
Q3 25
4.8%
36.8%
Q2 25
-4.2%
-28.8%
Q1 25
-9.5%
22.8%
Q4 24
1.2%
44.5%
Q3 24
16.0%
-32.6%
Q2 24
14.3%
10.3%
Capex Intensity
CVEO
CVEO
ESRT
ESRT
Q1 26
10.0%
Q4 25
3.0%
99.6%
Q3 25
3.3%
16.5%
Q2 25
2.8%
42.8%
Q1 25
3.7%
23.4%
Q4 24
5.1%
87.5%
Q3 24
4.2%
84.1%
Q2 24
2.8%
9.3%
Cash Conversion
CVEO
CVEO
ESRT
ESRT
Q1 26
Q4 25
7.74×
Q3 25
7.72×
Q2 25
2.35×
Q1 25
5.27×
Q4 24
13.88×
Q3 24
4.51×
Q2 24
3.93×
1.30×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVEO
CVEO

Segment breakdown not available.

ESRT
ESRT

Rental revenue (1)$166.1M87%
Observatory revenue$18.5M10%
Other revenue and fees$4.1M2%
Lease termination fees$1.4M1%
Third-party management and other fees$277.0K0%

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