vs

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

KADANT INC is the larger business by last-quarter revenue ($271.6M vs $161.6M, roughly 1.7× Civeo Corp). KADANT INC runs the higher net margin — 10.2% vs -4.0%, a 14.2% gap on every dollar of revenue. On growth, Civeo Corp posted the faster year-over-year revenue change (7.1% vs -0.0%). KADANT INC produced more free cash flow last quarter ($44.1M vs $14.5M). Over the past eight quarters, KADANT INC's revenue compounded faster (6.7% 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.

Kadant Inc. is a company that was established in 1991, as a partly privately owned subsidiary of Thermo Electron, and partly publicly traded company, and was fully spun out and renamed Kadant in 2001. The company supports papermaking, paper recycling, wood processing, material handling, and other processing industries. Kadant is a multi-national corporation with operations in Asia, Europe, North America, and South America.

CVEO vs KAI — Head-to-Head

Bigger by revenue
KAI
KAI
1.7× larger
KAI
$271.6M
$161.6M
CVEO
Growing faster (revenue YoY)
CVEO
CVEO
+7.1% gap
CVEO
7.1%
-0.0%
KAI
Higher net margin
KAI
KAI
14.2% more per $
KAI
10.2%
-4.0%
CVEO
More free cash flow
KAI
KAI
$29.6M more FCF
KAI
$44.1M
$14.5M
CVEO
Faster 2-yr revenue CAGR
KAI
KAI
Annualised
KAI
6.7%
-1.4%
CVEO

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CVEO
CVEO
KAI
KAI
Revenue
$161.6M
$271.6M
Net Profit
$-6.5M
$27.7M
Gross Margin
22.7%
45.2%
Operating Margin
-0.1%
15.7%
Net Margin
-4.0%
10.2%
Revenue YoY
7.1%
-0.0%
Net Profit YoY
58.1%
-12.2%
EPS (diluted)
$-0.58
$2.35

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
KAI
KAI
Q4 25
$161.6M
Q3 25
$170.5M
$271.6M
Q2 25
$162.7M
$255.3M
Q1 25
$144.0M
$239.2M
Q4 24
$151.0M
$258.0M
Q3 24
$176.3M
$271.6M
Q2 24
$188.7M
$274.8M
Q1 24
$166.1M
$249.0M
Net Profit
CVEO
CVEO
KAI
KAI
Q4 25
$-6.5M
Q3 25
$-455.0K
$27.7M
Q2 25
$-3.3M
$26.2M
Q1 25
$-9.8M
$24.1M
Q4 24
$-15.4M
$24.0M
Q3 24
$-5.1M
$31.6M
Q2 24
$8.2M
$31.3M
Q1 24
$-5.1M
$24.7M
Gross Margin
CVEO
CVEO
KAI
KAI
Q4 25
22.7%
Q3 25
25.7%
45.2%
Q2 25
25.3%
45.9%
Q1 25
20.4%
46.1%
Q4 24
18.6%
43.4%
Q3 24
21.4%
44.7%
Q2 24
25.4%
44.4%
Q1 24
21.5%
44.6%
Operating Margin
CVEO
CVEO
KAI
KAI
Q4 25
-0.1%
Q3 25
4.1%
15.7%
Q2 25
1.7%
15.4%
Q1 25
-3.8%
14.9%
Q4 24
-6.7%
14.3%
Q3 24
0.0%
18.0%
Q2 24
6.9%
17.6%
Q1 24
-1.1%
14.8%
Net Margin
CVEO
CVEO
KAI
KAI
Q4 25
-4.0%
Q3 25
-0.3%
10.2%
Q2 25
-2.0%
10.2%
Q1 25
-6.8%
10.1%
Q4 24
-10.2%
9.3%
Q3 24
-2.9%
11.6%
Q2 24
4.4%
11.4%
Q1 24
-3.1%
9.9%
EPS (diluted)
CVEO
CVEO
KAI
KAI
Q4 25
$-0.58
Q3 25
$-0.04
$2.35
Q2 25
$-0.25
$2.22
Q1 25
$-0.72
$2.04
Q4 24
$-1.04
$2.04
Q3 24
$-0.36
$2.68
Q2 24
$0.56
$2.66
Q1 24
$-0.35
$2.10

Balance Sheet & Financial Strength

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

Metric
CVEO
CVEO
KAI
KAI
Cash + ST InvestmentsLiquidity on hand
$14.4M
$124.5M
Total DebtLower is stronger
$254.6M
Stockholders' EquityBook value
$174.4M
$949.8M
Total Assets
$477.4M
$1.5B
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVEO
CVEO
KAI
KAI
Q4 25
$14.4M
Q3 25
$12.0M
$124.5M
Q2 25
$14.6M
$95.3M
Q1 25
$28.4M
$91.7M
Q4 24
$5.2M
$94.7M
Q3 24
$17.9M
$88.4M
Q2 24
$7.4M
$73.8M
Q1 24
$16.8M
$81.4M
Total Debt
CVEO
CVEO
KAI
KAI
Q4 25
Q3 25
$254.6M
Q2 25
$245.7M
Q1 25
$273.5M
Q4 24
$43.3M
$285.2M
Q3 24
$323.2M
Q2 24
$342.0M
Q1 24
$306.8M
Stockholders' Equity
CVEO
CVEO
KAI
KAI
Q4 25
$174.4M
Q3 25
$182.5M
$949.8M
Q2 25
$209.4M
$926.0M
Q1 25
$220.7M
$876.0M
Q4 24
$236.4M
$847.1M
Q3 24
$282.2M
$851.7M
Q2 24
$297.4M
$807.7M
Q1 24
$297.4M
$782.7M
Total Assets
CVEO
CVEO
KAI
KAI
Q4 25
$477.4M
Q3 25
$491.1M
$1.5B
Q2 25
$508.8M
$1.5B
Q1 25
$423.8M
$1.4B
Q4 24
$405.1M
$1.4B
Q3 24
$477.6M
$1.5B
Q2 24
$483.2M
$1.5B
Q1 24
$513.1M
$1.4B
Debt / Equity
CVEO
CVEO
KAI
KAI
Q4 25
Q3 25
0.27×
Q2 25
0.27×
Q1 25
0.31×
Q4 24
0.18×
0.34×
Q3 24
0.38×
Q2 24
0.42×
Q1 24
0.39×

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
KAI
KAI
Operating Cash FlowLast quarter
$19.3M
$47.3M
Free Cash FlowOCF − Capex
$14.5M
$44.1M
FCF MarginFCF / Revenue
8.9%
16.2%
Capex IntensityCapex / Revenue
3.0%
1.2%
Cash ConversionOCF / Net Profit
1.70×
TTM Free Cash FlowTrailing 4 quarters
$2.1M
$145.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVEO
CVEO
KAI
KAI
Q4 25
$19.3M
Q3 25
$13.8M
$47.3M
Q2 25
$-2.3M
$40.5M
Q1 25
$-8.4M
$22.8M
Q4 24
$9.5M
$51.9M
Q3 24
$35.7M
$52.5M
Q2 24
$32.4M
$28.1M
Q1 24
$6.0M
$22.8M
Free Cash Flow
CVEO
CVEO
KAI
KAI
Q4 25
$14.5M
Q3 25
$8.2M
$44.1M
Q2 25
$-6.8M
$36.5M
Q1 25
$-13.7M
$19.0M
Q4 24
$1.8M
$46.3M
Q3 24
$28.2M
$48.3M
Q2 24
$27.0M
$23.1M
Q1 24
$372.0K
$16.6M
FCF Margin
CVEO
CVEO
KAI
KAI
Q4 25
8.9%
Q3 25
4.8%
16.2%
Q2 25
-4.2%
14.3%
Q1 25
-9.5%
7.9%
Q4 24
1.2%
17.9%
Q3 24
16.0%
17.8%
Q2 24
14.3%
8.4%
Q1 24
0.2%
6.7%
Capex Intensity
CVEO
CVEO
KAI
KAI
Q4 25
3.0%
Q3 25
3.3%
1.2%
Q2 25
2.8%
1.6%
Q1 25
3.7%
1.6%
Q4 24
5.1%
2.2%
Q3 24
4.2%
1.5%
Q2 24
2.8%
1.8%
Q1 24
3.4%
2.5%
Cash Conversion
CVEO
CVEO
KAI
KAI
Q4 25
Q3 25
1.70×
Q2 25
1.55×
Q1 25
0.95×
Q4 24
2.16×
Q3 24
1.66×
Q2 24
3.93×
0.90×
Q1 24
0.92×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVEO
CVEO

Segment breakdown not available.

KAI
KAI

Flow Control$94.8M35%
Capital$83.2M31%
Material Handling Systems$70.3M26%
Transferred Over Time$17.1M6%
Other$6.1M2%

Related Comparisons