vs
Side-by-side financial comparison of Civeo Corp (CVEO) and Mistras Group, Inc. (MG). Click either name above to swap in a different company.
Mistras Group, Inc. is the larger business by last-quarter revenue ($181.5M vs $161.6M, roughly 1.1× Civeo Corp). Mistras Group, Inc. runs the higher net margin — 2.1% vs -4.0%, a 6.1% gap on every dollar of revenue. On growth, Civeo Corp posted the faster year-over-year revenue change (7.1% vs 5.1%). Mistras Group, Inc. produced more free cash flow last quarter ($26.0M vs $14.5M). Over the past eight quarters, Mistras Group, Inc.'s revenue compounded faster (-0.8% 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.
Mistras Group, Inc. is a global provider of asset integrity and protection solutions, offering non-destructive testing, inspection, real-time monitoring, and engineering consulting services. Its key client segments include oil and gas, aerospace, power generation, and manufacturing industries, with operations spanning North America, Europe, and Asia-Pacific, helping clients enhance operational safety, extend asset lifespans, and minimize unplanned downtime.
CVEO vs MG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $161.6M | $181.5M |
| Net Profit | $-6.5M | $3.8M |
| Gross Margin | 22.7% | 28.4% |
| Operating Margin | -0.1% | 7.0% |
| Net Margin | -4.0% | 2.1% |
| Revenue YoY | 7.1% | 5.1% |
| Net Profit YoY | 58.1% | -27.4% |
| EPS (diluted) | $-0.58 | $0.12 |
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 | $161.6M | $181.5M | ||
| Q3 25 | $170.5M | $195.5M | ||
| Q2 25 | $162.7M | $185.4M | ||
| Q1 25 | $144.0M | $161.6M | ||
| Q4 24 | $151.0M | $172.7M | ||
| Q3 24 | $176.3M | $182.7M | ||
| Q2 24 | $188.7M | $189.8M | ||
| Q1 24 | $166.1M | $184.4M |
| Q4 25 | $-6.5M | $3.8M | ||
| Q3 25 | $-455.0K | $13.1M | ||
| Q2 25 | $-3.3M | $3.0M | ||
| Q1 25 | $-9.8M | $-3.2M | ||
| Q4 24 | $-15.4M | $5.2M | ||
| Q3 24 | $-5.1M | $6.4M | ||
| Q2 24 | $8.2M | $6.4M | ||
| Q1 24 | $-5.1M | $995.0K |
| Q4 25 | 22.7% | 28.4% | ||
| Q3 25 | 25.7% | 29.8% | ||
| Q2 25 | 25.3% | 29.1% | ||
| Q1 25 | 20.4% | 25.3% | ||
| Q4 24 | 18.6% | 26.5% | ||
| Q3 24 | 21.4% | 26.8% | ||
| Q2 24 | 25.4% | 27.1% | ||
| Q1 24 | 21.5% | 25.0% |
| Q4 25 | -0.1% | 7.0% | ||
| Q3 25 | 4.1% | 10.4% | ||
| Q2 25 | 1.7% | 4.5% | ||
| Q1 25 | -3.8% | -0.6% | ||
| Q4 24 | -6.7% | 6.1% | ||
| Q3 24 | 0.0% | 6.5% | ||
| Q2 24 | 6.9% | 6.3% | ||
| Q1 24 | -1.1% | 3.0% |
| Q4 25 | -4.0% | 2.1% | ||
| Q3 25 | -0.3% | 6.7% | ||
| Q2 25 | -2.0% | 1.6% | ||
| Q1 25 | -6.8% | -2.0% | ||
| Q4 24 | -10.2% | 3.0% | ||
| Q3 24 | -2.9% | 3.5% | ||
| Q2 24 | 4.4% | 3.4% | ||
| Q1 24 | -3.1% | 0.5% |
| Q4 25 | $-0.58 | $0.12 | ||
| Q3 25 | $-0.04 | $0.41 | ||
| Q2 25 | $-0.25 | $0.10 | ||
| Q1 25 | $-0.72 | $-0.10 | ||
| Q4 24 | $-1.04 | $0.17 | ||
| Q3 24 | $-0.36 | $0.20 | ||
| Q2 24 | $0.56 | $0.20 | ||
| Q1 24 | $-0.35 | $0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $14.4M | $28.0M |
| Total DebtLower is stronger | — | $178.0M |
| Stockholders' EquityBook value | $174.4M | $235.1M |
| Total Assets | $477.4M | $578.8M |
| Debt / EquityLower = less leverage | — | 0.76× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.4M | $28.0M | ||
| Q3 25 | $12.0M | $27.8M | ||
| Q2 25 | $14.6M | $20.0M | ||
| Q1 25 | $28.4M | $18.5M | ||
| Q4 24 | $5.2M | $18.3M | ||
| Q3 24 | $17.9M | $20.4M | ||
| Q2 24 | $7.4M | $17.2M | ||
| Q1 24 | $16.8M | $16.9M |
| Q4 25 | — | $178.0M | ||
| Q3 25 | — | $202.3M | ||
| Q2 25 | — | $189.4M | ||
| Q1 25 | — | $171.9M | ||
| Q4 24 | $43.3M | $169.6M | ||
| Q3 24 | — | $189.7M | ||
| Q2 24 | — | $199.7M | ||
| Q1 24 | — | $198.4M |
| Q4 25 | $174.4M | $235.1M | ||
| Q3 25 | $182.5M | $227.4M | ||
| Q2 25 | $209.4M | $215.8M | ||
| Q1 25 | $220.7M | $198.7M | ||
| Q4 24 | $236.4M | $198.6M | ||
| Q3 24 | $282.2M | $205.2M | ||
| Q2 24 | $297.4M | $193.2M | ||
| Q1 24 | $297.4M | $187.1M |
| Q4 25 | $477.4M | $578.8M | ||
| Q3 25 | $491.1M | $596.3M | ||
| Q2 25 | $508.8M | $571.0M | ||
| Q1 25 | $423.8M | $526.8M | ||
| Q4 24 | $405.1M | $523.0M | ||
| Q3 24 | $477.6M | $551.7M | ||
| Q2 24 | $483.2M | $548.1M | ||
| Q1 24 | $513.1M | $542.1M |
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.89× | ||
| Q2 25 | — | 0.88× | ||
| Q1 25 | — | 0.87× | ||
| Q4 24 | 0.18× | 0.85× | ||
| Q3 24 | — | 0.92× | ||
| Q2 24 | — | 1.03× | ||
| Q1 24 | — | 1.06× |
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 | $19.3M | $32.1M |
| Free Cash FlowOCF − Capex | $14.5M | $26.0M |
| FCF MarginFCF / Revenue | 8.9% | 14.3% |
| Capex IntensityCapex / Revenue | 3.0% | 3.4% |
| Cash ConversionOCF / Net Profit | — | 8.55× |
| TTM Free Cash FlowTrailing 4 quarters | $2.1M | $8.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.3M | $32.1M | ||
| Q3 25 | $13.8M | $4.5M | ||
| Q2 25 | $-2.3M | $-9.3M | ||
| Q1 25 | $-8.4M | $5.6M | ||
| Q4 24 | $9.5M | $25.7M | ||
| Q3 24 | $35.7M | $19.4M | ||
| Q2 24 | $32.4M | $4.5M | ||
| Q1 24 | $6.0M | $604.0K |
| Q4 25 | $14.5M | $26.0M | ||
| Q3 25 | $8.2M | $-4.1M | ||
| Q2 25 | $-6.8M | $-14.7M | ||
| Q1 25 | $-13.7M | $1.1M | ||
| Q4 24 | $1.8M | $22.1M | ||
| Q3 24 | $28.2M | $14.6M | ||
| Q2 24 | $27.0M | $-284.0K | ||
| Q1 24 | $372.0K | $-4.2M |
| Q4 25 | 8.9% | 14.3% | ||
| Q3 25 | 4.8% | -2.1% | ||
| Q2 25 | -4.2% | -7.9% | ||
| Q1 25 | -9.5% | 0.7% | ||
| Q4 24 | 1.2% | 12.8% | ||
| Q3 24 | 16.0% | 8.0% | ||
| Q2 24 | 14.3% | -0.1% | ||
| Q1 24 | 0.2% | -2.3% |
| Q4 25 | 3.0% | 3.4% | ||
| Q3 25 | 3.3% | 4.4% | ||
| Q2 25 | 2.8% | 2.9% | ||
| Q1 25 | 3.7% | 2.8% | ||
| Q4 24 | 5.1% | 2.1% | ||
| Q3 24 | 4.2% | 2.6% | ||
| Q2 24 | 2.8% | 2.5% | ||
| Q1 24 | 3.4% | 2.6% |
| Q4 25 | — | 8.55× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | -3.07× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.96× | ||
| Q3 24 | — | 3.02× | ||
| Q2 24 | 3.93× | 0.71× | ||
| Q1 24 | — | 0.61× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
