vs

Side-by-side financial comparison of Civeo Corp (CVEO) and PennyMac Mortgage Investment Trust (PMT). Click either name above to swap in a different company.

Civeo Corp is the larger business by last-quarter revenue ($161.6M vs $93.6M, roughly 1.7× PennyMac Mortgage Investment Trust). PennyMac Mortgage Investment Trust runs the higher net margin — 56.0% vs -4.0%, a 60.0% gap on every dollar of revenue. On growth, Civeo Corp posted the faster year-over-year revenue change (7.1% vs -13.3%). Over the past eight quarters, PennyMac Mortgage Investment Trust's revenue compounded faster (12.3% 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.

PennyMac Mortgage Investment Trust is a U.S.-headquartered real estate investment trust specializing in residential mortgage assets. It invests in performing and non-performing mortgage loans, mortgage-backed securities, and credit risk transfer instruments, operating across investment management and mortgage servicing segments in the U.S. housing market.

CVEO vs PMT — Head-to-Head

Bigger by revenue
CVEO
CVEO
1.7× larger
CVEO
$161.6M
$93.6M
PMT
Growing faster (revenue YoY)
CVEO
CVEO
+20.4% gap
CVEO
7.1%
-13.3%
PMT
Higher net margin
PMT
PMT
60.0% more per $
PMT
56.0%
-4.0%
CVEO
Faster 2-yr revenue CAGR
PMT
PMT
Annualised
PMT
12.3%
-1.4%
CVEO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CVEO
CVEO
PMT
PMT
Revenue
$161.6M
$93.6M
Net Profit
$-6.5M
$52.4M
Gross Margin
22.7%
Operating Margin
-0.1%
38.6%
Net Margin
-4.0%
56.0%
Revenue YoY
7.1%
-13.3%
Net Profit YoY
58.1%
12.5%
EPS (diluted)
$-0.58
$0.49

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
PMT
PMT
Q4 25
$161.6M
$93.6M
Q3 25
$170.5M
$99.2M
Q2 25
$162.7M
$70.2M
Q1 25
$144.0M
$44.5M
Q4 24
$151.0M
$107.9M
Q3 24
$176.3M
$80.9M
Q2 24
$188.7M
$71.2M
Q1 24
$166.1M
$74.2M
Net Profit
CVEO
CVEO
PMT
PMT
Q4 25
$-6.5M
$52.4M
Q3 25
$-455.0K
$58.3M
Q2 25
$-3.3M
$7.5M
Q1 25
$-9.8M
$9.7M
Q4 24
$-15.4M
$46.5M
Q3 24
$-5.1M
$41.4M
Q2 24
$8.2M
$25.4M
Q1 24
$-5.1M
$47.6M
Gross Margin
CVEO
CVEO
PMT
PMT
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%
Q1 24
21.5%
Operating Margin
CVEO
CVEO
PMT
PMT
Q4 25
-0.1%
38.6%
Q3 25
4.1%
47.4%
Q2 25
1.7%
24.2%
Q1 25
-3.8%
-14.2%
Q4 24
-6.7%
51.1%
Q3 24
0.0%
32.8%
Q2 24
6.9%
40.2%
Q1 24
-1.1%
43.6%
Net Margin
CVEO
CVEO
PMT
PMT
Q4 25
-4.0%
56.0%
Q3 25
-0.3%
58.7%
Q2 25
-2.0%
10.7%
Q1 25
-6.8%
21.8%
Q4 24
-10.2%
43.1%
Q3 24
-2.9%
51.2%
Q2 24
4.4%
35.7%
Q1 24
-3.1%
64.2%
EPS (diluted)
CVEO
CVEO
PMT
PMT
Q4 25
$-0.58
$0.49
Q3 25
$-0.04
$0.55
Q2 25
$-0.25
$-0.04
Q1 25
$-0.72
$-0.01
Q4 24
$-1.04
$0.45
Q3 24
$-0.36
$0.36
Q2 24
$0.56
$0.17
Q1 24
$-0.35
$0.39

Balance Sheet & Financial Strength

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

Metric
CVEO
CVEO
PMT
PMT
Cash + ST InvestmentsLiquidity on hand
$14.4M
$190.5M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$174.4M
$1.9B
Total Assets
$477.4M
$21.3B
Debt / EquityLower = less leverage
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVEO
CVEO
PMT
PMT
Q4 25
$14.4M
$190.5M
Q3 25
$12.0M
$181.0M
Q2 25
$14.6M
$108.6M
Q1 25
$28.4M
$204.2M
Q4 24
$5.2M
$103.2M
Q3 24
$17.9M
$102.8M
Q2 24
$7.4M
$336.3M
Q1 24
$16.8M
$343.3M
Total Debt
CVEO
CVEO
PMT
PMT
Q4 25
$1.1B
Q3 25
$299.0M
Q2 25
$1.2B
Q1 25
$968.4M
Q4 24
$43.3M
$1.0B
Q3 24
$5.2B
Q2 24
$5.4B
Q1 24
$5.1B
Stockholders' Equity
CVEO
CVEO
PMT
PMT
Q4 25
$174.4M
$1.9B
Q3 25
$182.5M
$1.9B
Q2 25
$209.4M
$1.9B
Q1 25
$220.7M
$1.9B
Q4 24
$236.4M
$1.9B
Q3 24
$282.2M
$1.9B
Q2 24
$297.4M
$1.9B
Q1 24
$297.4M
$2.0B
Total Assets
CVEO
CVEO
PMT
PMT
Q4 25
$477.4M
$21.3B
Q3 25
$491.1M
$18.5B
Q2 25
$508.8M
$16.8B
Q1 25
$423.8M
$14.9B
Q4 24
$405.1M
$14.4B
Q3 24
$477.6M
$13.1B
Q2 24
$483.2M
$12.1B
Q1 24
$513.1M
$12.3B
Debt / Equity
CVEO
CVEO
PMT
PMT
Q4 25
0.58×
Q3 25
0.16×
Q2 25
0.65×
Q1 25
0.51×
Q4 24
0.18×
0.52×
Q3 24
2.70×
Q2 24
2.76×
Q1 24
2.60×

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
PMT
PMT
Operating Cash FlowLast quarter
$19.3M
$-7.2B
Free Cash FlowOCF − Capex
$14.5M
FCF MarginFCF / Revenue
8.9%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
-137.76×
TTM Free Cash FlowTrailing 4 quarters
$2.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVEO
CVEO
PMT
PMT
Q4 25
$19.3M
$-7.2B
Q3 25
$13.8M
$-1.3B
Q2 25
$-2.3M
$-2.0B
Q1 25
$-8.4M
$-594.3M
Q4 24
$9.5M
$-2.7B
Q3 24
$35.7M
$-983.8M
Q2 24
$32.4M
$243.8M
Q1 24
$6.0M
$-342.4M
Free Cash Flow
CVEO
CVEO
PMT
PMT
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
Q1 24
$372.0K
FCF Margin
CVEO
CVEO
PMT
PMT
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%
Q1 24
0.2%
Capex Intensity
CVEO
CVEO
PMT
PMT
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%
Q1 24
3.4%
Cash Conversion
CVEO
CVEO
PMT
PMT
Q4 25
-137.76×
Q3 25
-22.26×
Q2 25
-267.53×
Q1 25
-61.39×
Q4 24
-58.08×
Q3 24
-23.76×
Q2 24
3.93×
9.59×
Q1 24
-7.19×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVEO
CVEO

Segment breakdown not available.

PMT
PMT

Other$55.0M59%
Interest Rate Sensitive Strategies$31.4M34%
Correspondent Production$7.2M8%

Related Comparisons