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

Civeo Corp is the larger business by last-quarter revenue ($161.6M vs $143.3M, roughly 1.1× Piedmont Realty Trust, Inc.). Civeo Corp runs the higher net margin — -4.0% vs -31.4%, a 27.4% gap on every dollar of revenue. On growth, Civeo Corp posted the faster year-over-year revenue change (7.1% vs 0.4%). Over the past eight quarters, Piedmont Realty Trust, Inc.'s revenue compounded faster (0.0% 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.

Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.

CVEO vs PDM — Head-to-Head

Bigger by revenue
CVEO
CVEO
1.1× larger
CVEO
$161.6M
$143.3M
PDM
Growing faster (revenue YoY)
CVEO
CVEO
+6.6% gap
CVEO
7.1%
0.4%
PDM
Higher net margin
CVEO
CVEO
27.4% more per $
CVEO
-4.0%
-31.4%
PDM
Faster 2-yr revenue CAGR
PDM
PDM
Annualised
PDM
0.0%
-1.4%
CVEO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CVEO
CVEO
PDM
PDM
Revenue
$161.6M
$143.3M
Net Profit
$-6.5M
$-45.0M
Gross Margin
22.7%
Operating Margin
-0.1%
Net Margin
-4.0%
-31.4%
Revenue YoY
7.1%
0.4%
Net Profit YoY
58.1%
-27.9%
EPS (diluted)
$-0.58
$-0.10

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
PDM
PDM
Q1 26
$143.3M
Q4 25
$161.6M
$142.9M
Q3 25
$170.5M
$139.2M
Q2 25
$162.7M
$140.3M
Q1 25
$144.0M
$142.7M
Q4 24
$151.0M
$143.2M
Q3 24
$176.3M
$139.3M
Q2 24
$188.7M
$143.3M
Net Profit
CVEO
CVEO
PDM
PDM
Q1 26
$-45.0M
Q4 25
$-6.5M
$-43.2M
Q3 25
$-455.0K
$-13.5M
Q2 25
$-3.3M
$-16.8M
Q1 25
$-9.8M
$-10.1M
Q4 24
$-15.4M
$-30.0M
Q3 24
$-5.1M
$-11.5M
Q2 24
$8.2M
$-9.8M
Gross Margin
CVEO
CVEO
PDM
PDM
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
PDM
PDM
Q1 26
Q4 25
-0.1%
Q3 25
4.1%
Q2 25
1.7%
Q1 25
-3.8%
Q4 24
-6.7%
Q3 24
0.0%
Q2 24
6.9%
Net Margin
CVEO
CVEO
PDM
PDM
Q1 26
-31.4%
Q4 25
-4.0%
-30.3%
Q3 25
-0.3%
-9.7%
Q2 25
-2.0%
-12.0%
Q1 25
-6.8%
-7.1%
Q4 24
-10.2%
-20.9%
Q3 24
-2.9%
-8.3%
Q2 24
4.4%
-6.8%
EPS (diluted)
CVEO
CVEO
PDM
PDM
Q1 26
$-0.10
Q4 25
$-0.58
$-0.34
Q3 25
$-0.04
$-0.11
Q2 25
$-0.25
$-0.14
Q1 25
$-0.72
$-0.08
Q4 24
$-1.04
$-0.25
Q3 24
$-0.36
$-0.09
Q2 24
$0.56
$-0.08

Balance Sheet & Financial Strength

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

Metric
CVEO
CVEO
PDM
PDM
Cash + ST InvestmentsLiquidity on hand
$14.4M
$2.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$174.4M
$1.5B
Total Assets
$477.4M
$4.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVEO
CVEO
PDM
PDM
Q1 26
$2.3M
Q4 25
$14.4M
$731.0K
Q3 25
$12.0M
$3.0M
Q2 25
$14.6M
$3.3M
Q1 25
$28.4M
$2.9M
Q4 24
$5.2M
$109.6M
Q3 24
$17.9M
$133.6M
Q2 24
$7.4M
$138.5M
Total Debt
CVEO
CVEO
PDM
PDM
Q1 26
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$43.3M
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
Stockholders' Equity
CVEO
CVEO
PDM
PDM
Q1 26
$1.5B
Q4 25
$174.4M
$1.5B
Q3 25
$182.5M
$1.5B
Q2 25
$209.4M
$1.5B
Q1 25
$220.7M
$1.6B
Q4 24
$236.4M
$1.6B
Q3 24
$282.2M
$1.6B
Q2 24
$297.4M
$1.7B
Total Assets
CVEO
CVEO
PDM
PDM
Q1 26
$4.0B
Q4 25
$477.4M
$4.0B
Q3 25
$491.1M
$4.0B
Q2 25
$508.8M
$4.0B
Q1 25
$423.8M
$4.0B
Q4 24
$405.1M
$4.1B
Q3 24
$477.6M
$4.1B
Q2 24
$483.2M
$4.2B
Debt / Equity
CVEO
CVEO
PDM
PDM
Q1 26
Q4 25
1.49×
Q3 25
1.43×
Q2 25
1.41×
Q1 25
1.40×
Q4 24
0.18×
1.40×
Q3 24
1.36×
Q2 24
1.34×

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
PDM
PDM
Operating Cash FlowLast quarter
$19.3M
Free Cash FlowOCF − Capex
$14.5M
FCF MarginFCF / Revenue
8.9%
Capex IntensityCapex / Revenue
3.0%
110.3%
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
PDM
PDM
Q1 26
Q4 25
$19.3M
$140.6M
Q3 25
$13.8M
$35.8M
Q2 25
$-2.3M
$50.1M
Q1 25
$-8.4M
$3.7M
Q4 24
$9.5M
$198.1M
Q3 24
$35.7M
$42.9M
Q2 24
$32.4M
$66.8M
Free Cash Flow
CVEO
CVEO
PDM
PDM
Q1 26
Q4 25
$14.5M
Q3 25
$8.2M
Q2 25
$-6.8M
Q1 25
$-13.7M
Q4 24
$1.8M
Q3 24
$28.2M
Q2 24
$27.0M
FCF Margin
CVEO
CVEO
PDM
PDM
Q1 26
Q4 25
8.9%
Q3 25
4.8%
Q2 25
-4.2%
Q1 25
-9.5%
Q4 24
1.2%
Q3 24
16.0%
Q2 24
14.3%
Capex Intensity
CVEO
CVEO
PDM
PDM
Q1 26
110.3%
Q4 25
3.0%
Q3 25
3.3%
Q2 25
2.8%
Q1 25
3.7%
Q4 24
5.1%
Q3 24
4.2%
Q2 24
2.8%
Cash Conversion
CVEO
CVEO
PDM
PDM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
3.93×

Financial Flow Comparison

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

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