vs

Side-by-side financial comparison of Civeo Corp (CVEO) and Perella Weinberg Partners (PWP). Click either name above to swap in a different company.

Perella Weinberg Partners is the larger business by last-quarter revenue ($219.2M vs $161.6M, roughly 1.4× Civeo Corp). Perella Weinberg Partners runs the higher net margin — 6.3% vs -4.0%, a 10.3% gap on every dollar of revenue. On growth, Civeo Corp posted the faster year-over-year revenue change (7.1% vs -2.9%). Perella Weinberg Partners produced more free cash flow last quarter ($30.5M vs $14.5M). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% 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.

PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.

CVEO vs PWP — Head-to-Head

Bigger by revenue
PWP
PWP
1.4× larger
PWP
$219.2M
$161.6M
CVEO
Growing faster (revenue YoY)
CVEO
CVEO
+10.0% gap
CVEO
7.1%
-2.9%
PWP
Higher net margin
PWP
PWP
10.3% more per $
PWP
6.3%
-4.0%
CVEO
More free cash flow
PWP
PWP
$16.0M more FCF
PWP
$30.5M
$14.5M
CVEO
Faster 2-yr revenue CAGR
PWP
PWP
Annualised
PWP
46.5%
-1.4%
CVEO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CVEO
CVEO
PWP
PWP
Revenue
$161.6M
$219.2M
Net Profit
$-6.5M
$13.8M
Gross Margin
22.7%
Operating Margin
-0.1%
8.5%
Net Margin
-4.0%
6.3%
Revenue YoY
7.1%
-2.9%
Net Profit YoY
58.1%
EPS (diluted)
$-0.58
$0.11

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
PWP
PWP
Q4 25
$161.6M
$219.2M
Q3 25
$170.5M
$164.6M
Q2 25
$162.7M
$155.3M
Q1 25
$144.0M
$211.8M
Q4 24
$151.0M
$225.7M
Q3 24
$176.3M
$278.2M
Q2 24
$188.7M
$272.0M
Q1 24
$166.1M
$102.1M
Net Profit
CVEO
CVEO
PWP
PWP
Q4 25
$-6.5M
$13.8M
Q3 25
$-455.0K
$6.0M
Q2 25
$-3.3M
$2.7M
Q1 25
$-9.8M
$17.3M
Q4 24
$-15.4M
Q3 24
$-5.1M
$16.4M
Q2 24
$8.2M
$-66.0M
Q1 24
$-5.1M
$-35.8M
Gross Margin
CVEO
CVEO
PWP
PWP
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
PWP
PWP
Q4 25
-0.1%
8.5%
Q3 25
4.1%
5.4%
Q2 25
1.7%
5.8%
Q1 25
-3.8%
5.5%
Q4 24
-6.7%
Q3 24
0.0%
12.9%
Q2 24
6.9%
-30.2%
Q1 24
-1.1%
-52.4%
Net Margin
CVEO
CVEO
PWP
PWP
Q4 25
-4.0%
6.3%
Q3 25
-0.3%
3.6%
Q2 25
-2.0%
1.8%
Q1 25
-6.8%
8.2%
Q4 24
-10.2%
Q3 24
-2.9%
5.9%
Q2 24
4.4%
-24.3%
Q1 24
-3.1%
-35.1%
EPS (diluted)
CVEO
CVEO
PWP
PWP
Q4 25
$-0.58
$0.11
Q3 25
$-0.04
$0.08
Q2 25
$-0.25
$0.04
Q1 25
$-0.72
$0.24
Q4 24
$-1.04
Q3 24
$-0.36
$0.24
Q2 24
$0.56
$-1.21
Q1 24
$-0.35
$-0.91

Balance Sheet & Financial Strength

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

Metric
CVEO
CVEO
PWP
PWP
Cash + ST InvestmentsLiquidity on hand
$14.4M
$255.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$174.4M
$-127.4M
Total Assets
$477.4M
$797.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVEO
CVEO
PWP
PWP
Q4 25
$14.4M
$255.9M
Q3 25
$12.0M
$185.5M
Q2 25
$14.6M
$145.0M
Q1 25
$28.4M
$111.2M
Q4 24
$5.2M
$407.4M
Q3 24
$17.9M
$335.1M
Q2 24
$7.4M
$185.3M
Q1 24
$16.8M
$156.7M
Total Debt
CVEO
CVEO
PWP
PWP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$43.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CVEO
CVEO
PWP
PWP
Q4 25
$174.4M
$-127.4M
Q3 25
$182.5M
$-302.4M
Q2 25
$209.4M
$-318.4M
Q1 25
$220.7M
$-323.1M
Q4 24
$236.4M
$-421.4M
Q3 24
$282.2M
$-360.8M
Q2 24
$297.4M
$-283.0M
Q1 24
$297.4M
$161.9M
Total Assets
CVEO
CVEO
PWP
PWP
Q4 25
$477.4M
$797.6M
Q3 25
$491.1M
$650.2M
Q2 25
$508.8M
$606.7M
Q1 25
$423.8M
$570.5M
Q4 24
$405.1M
$876.8M
Q3 24
$477.6M
$810.9M
Q2 24
$483.2M
$645.5M
Q1 24
$513.1M
$583.6M
Debt / Equity
CVEO
CVEO
PWP
PWP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.18×
Q3 24
Q2 24
Q1 24

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
PWP
PWP
Operating Cash FlowLast quarter
$19.3M
$34.8M
Free Cash FlowOCF − Capex
$14.5M
$30.5M
FCF MarginFCF / Revenue
8.9%
13.9%
Capex IntensityCapex / Revenue
3.0%
2.0%
Cash ConversionOCF / Net Profit
2.52×
TTM Free Cash FlowTrailing 4 quarters
$2.1M
$-34.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVEO
CVEO
PWP
PWP
Q4 25
$19.3M
$34.8M
Q3 25
$13.8M
$59.2M
Q2 25
$-2.3M
$56.1M
Q1 25
$-8.4M
$-176.5M
Q4 24
$9.5M
$223.4M
Q3 24
$35.7M
$200.3M
Q2 24
$32.4M
$90.0M
Q1 24
$6.0M
$-206.3M
Free Cash Flow
CVEO
CVEO
PWP
PWP
Q4 25
$14.5M
$30.5M
Q3 25
$8.2M
$57.6M
Q2 25
$-6.8M
$55.3M
Q1 25
$-13.7M
$-177.6M
Q4 24
$1.8M
$207.0M
Q3 24
$28.2M
$199.3M
Q2 24
$27.0M
$83.7M
Q1 24
$372.0K
$-214.8M
FCF Margin
CVEO
CVEO
PWP
PWP
Q4 25
8.9%
13.9%
Q3 25
4.8%
35.0%
Q2 25
-4.2%
35.6%
Q1 25
-9.5%
-83.8%
Q4 24
1.2%
91.7%
Q3 24
16.0%
71.6%
Q2 24
14.3%
30.8%
Q1 24
0.2%
-210.3%
Capex Intensity
CVEO
CVEO
PWP
PWP
Q4 25
3.0%
2.0%
Q3 25
3.3%
0.9%
Q2 25
2.8%
0.5%
Q1 25
3.7%
0.5%
Q4 24
5.1%
7.3%
Q3 24
4.2%
0.4%
Q2 24
2.8%
2.3%
Q1 24
3.4%
8.3%
Cash Conversion
CVEO
CVEO
PWP
PWP
Q4 25
2.52×
Q3 25
9.85×
Q2 25
20.50×
Q1 25
-10.18×
Q4 24
Q3 24
12.23×
Q2 24
3.93×
Q1 24

Financial Flow Comparison

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

Related Comparisons