vs

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

Metallus Inc. is the larger business by last-quarter revenue ($267.3M vs $161.6M, roughly 1.7× Civeo Corp). Metallus Inc. runs the higher net margin — 0.5% vs -4.0%, a 4.5% gap on every dollar of revenue. On growth, Metallus Inc. posted the faster year-over-year revenue change (11.1% vs 7.1%). Civeo Corp produced more free cash flow last quarter ($14.5M vs $900.0K). Over the past eight quarters, Civeo Corp's revenue compounded faster (-1.4% CAGR vs -4.8%).

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.

CVEO vs MTUS — Head-to-Head

Bigger by revenue
MTUS
MTUS
1.7× larger
MTUS
$267.3M
$161.6M
CVEO
Growing faster (revenue YoY)
MTUS
MTUS
+4.1% gap
MTUS
11.1%
7.1%
CVEO
Higher net margin
MTUS
MTUS
4.5% more per $
MTUS
0.5%
-4.0%
CVEO
More free cash flow
CVEO
CVEO
$13.6M more FCF
CVEO
$14.5M
$900.0K
MTUS
Faster 2-yr revenue CAGR
CVEO
CVEO
Annualised
CVEO
-1.4%
-4.8%
MTUS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CVEO
CVEO
MTUS
MTUS
Revenue
$161.6M
$267.3M
Net Profit
$-6.5M
$1.3M
Gross Margin
22.7%
2.2%
Operating Margin
-0.1%
Net Margin
-4.0%
0.5%
Revenue YoY
7.1%
11.1%
Net Profit YoY
58.1%
EPS (diluted)
$-0.58
$0.03

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
MTUS
MTUS
Q1 26
$267.3M
Q4 25
$161.6M
$267.3M
Q3 25
$170.5M
$305.9M
Q2 25
$162.7M
$304.6M
Q1 25
$144.0M
$280.5M
Q4 24
$151.0M
$240.5M
Q3 24
$176.3M
$227.2M
Q2 24
$188.7M
$294.7M
Net Profit
CVEO
CVEO
MTUS
MTUS
Q1 26
$1.3M
Q4 25
$-6.5M
$-14.3M
Q3 25
$-455.0K
$8.1M
Q2 25
$-3.3M
$3.7M
Q1 25
$-9.8M
$1.3M
Q4 24
$-15.4M
$-21.4M
Q3 24
$-5.1M
$-5.9M
Q2 24
$8.2M
$4.6M
Gross Margin
CVEO
CVEO
MTUS
MTUS
Q1 26
2.2%
Q4 25
22.7%
2.2%
Q3 25
25.7%
11.4%
Q2 25
25.3%
10.6%
Q1 25
20.4%
7.8%
Q4 24
18.6%
4.5%
Q3 24
21.4%
5.3%
Q2 24
25.4%
8.2%
Operating Margin
CVEO
CVEO
MTUS
MTUS
Q1 26
Q4 25
-0.1%
-7.7%
Q3 25
4.1%
3.6%
Q2 25
1.7%
2.8%
Q1 25
-3.8%
1.0%
Q4 24
-6.7%
-10.1%
Q3 24
0.0%
-3.1%
Q2 24
6.9%
2.1%
Net Margin
CVEO
CVEO
MTUS
MTUS
Q1 26
0.5%
Q4 25
-4.0%
-5.3%
Q3 25
-0.3%
2.6%
Q2 25
-2.0%
1.2%
Q1 25
-6.8%
0.5%
Q4 24
-10.2%
-8.9%
Q3 24
-2.9%
-2.6%
Q2 24
4.4%
1.6%
EPS (diluted)
CVEO
CVEO
MTUS
MTUS
Q1 26
$0.03
Q4 25
$-0.58
$-0.34
Q3 25
$-0.04
$0.19
Q2 25
$-0.25
$0.09
Q1 25
$-0.72
$0.03
Q4 24
$-1.04
$-0.46
Q3 24
$-0.36
$-0.13
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
MTUS
MTUS
Cash + ST InvestmentsLiquidity on hand
$14.4M
$156.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$174.4M
$686.0M
Total Assets
$477.4M
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVEO
CVEO
MTUS
MTUS
Q1 26
$156.7M
Q4 25
$14.4M
$156.7M
Q3 25
$12.0M
$191.5M
Q2 25
$14.6M
$190.8M
Q1 25
$28.4M
$180.3M
Q4 24
$5.2M
$240.7M
Q3 24
$17.9M
$254.6M
Q2 24
$7.4M
$272.8M
Total Debt
CVEO
CVEO
MTUS
MTUS
Q1 26
Q4 25
Q3 25
$0
Q2 25
$0
Q1 25
$5.4M
Q4 24
$43.3M
$5.4M
Q3 24
$13.2M
Q2 24
$13.2M
Stockholders' Equity
CVEO
CVEO
MTUS
MTUS
Q1 26
$686.0M
Q4 25
$174.4M
$686.0M
Q3 25
$182.5M
$697.7M
Q2 25
$209.4M
$690.0M
Q1 25
$220.7M
$686.1M
Q4 24
$236.4M
$690.5M
Q3 24
$282.2M
$712.7M
Q2 24
$297.4M
$736.3M
Total Assets
CVEO
CVEO
MTUS
MTUS
Q1 26
$1.1B
Q4 25
$477.4M
$1.1B
Q3 25
$491.1M
$1.2B
Q2 25
$508.8M
$1.1B
Q1 25
$423.8M
$1.1B
Q4 24
$405.1M
$1.1B
Q3 24
$477.6M
$1.1B
Q2 24
$483.2M
$1.1B
Debt / Equity
CVEO
CVEO
MTUS
MTUS
Q1 26
Q4 25
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.01×
Q4 24
0.18×
0.01×
Q3 24
0.02×
Q2 24
0.02×

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
MTUS
MTUS
Operating Cash FlowLast quarter
$19.3M
Free Cash FlowOCF − Capex
$14.5M
$900.0K
FCF MarginFCF / Revenue
8.9%
0.3%
Capex IntensityCapex / Revenue
3.0%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$2.1M
$-25.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVEO
CVEO
MTUS
MTUS
Q1 26
Q4 25
$19.3M
$-1.9M
Q3 25
$13.8M
$22.0M
Q2 25
$-2.3M
$34.8M
Q1 25
$-8.4M
$-38.9M
Q4 24
$9.5M
$13.9M
Q3 24
$35.7M
$-15.3M
Q2 24
$32.4M
$8.3M
Free Cash Flow
CVEO
CVEO
MTUS
MTUS
Q1 26
$900.0K
Q4 25
$14.5M
$-37.2M
Q3 25
$8.2M
$-6.4M
Q2 25
$-6.8M
$17.0M
Q1 25
$-13.7M
$-66.4M
Q4 24
$1.8M
$-1.3M
Q3 24
$28.2M
$-32.9M
Q2 24
$27.0M
$-5.8M
FCF Margin
CVEO
CVEO
MTUS
MTUS
Q1 26
0.3%
Q4 25
8.9%
-13.9%
Q3 25
4.8%
-2.1%
Q2 25
-4.2%
5.6%
Q1 25
-9.5%
-23.7%
Q4 24
1.2%
-0.5%
Q3 24
16.0%
-14.5%
Q2 24
14.3%
-2.0%
Capex Intensity
CVEO
CVEO
MTUS
MTUS
Q1 26
0.0%
Q4 25
3.0%
13.2%
Q3 25
3.3%
9.3%
Q2 25
2.8%
5.8%
Q1 25
3.7%
9.8%
Q4 24
5.1%
6.3%
Q3 24
4.2%
7.7%
Q2 24
2.8%
4.8%
Cash Conversion
CVEO
CVEO
MTUS
MTUS
Q1 26
Q4 25
Q3 25
2.72×
Q2 25
9.41×
Q1 25
-29.92×
Q4 24
Q3 24
Q2 24
3.93×
1.80×

Financial Flow Comparison

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

Related Comparisons