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Side-by-side financial comparison of Civeo Corp (CVEO) and Turning Point Brands, Inc. (TPB). Click either name above to swap in a different company.

Civeo Corp is the larger business by last-quarter revenue ($161.6M vs $121.0M, roughly 1.3× Turning Point Brands, Inc.). Turning Point Brands, Inc. runs the higher net margin — 6.8% vs -4.0%, a 10.8% gap on every dollar of revenue. On growth, Turning Point Brands, Inc. posted the faster year-over-year revenue change (29.2% vs 7.1%). Turning Point Brands, Inc. produced more free cash flow last quarter ($21.5M vs $14.5M). Over the past eight quarters, Turning Point Brands, Inc.'s revenue compounded faster (20.7% 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.

Turning Point Australia (TPAUS) is a conservative lobby group based in Australia, affiliated with Turning Point USA but independent of it. Founded by Joel Jammal and first registered in 2023, the group has become active in trying to influence the outcome of the 2026 South Australian state election in March 2026.

CVEO vs TPB — Head-to-Head

Bigger by revenue
CVEO
CVEO
1.3× larger
CVEO
$161.6M
$121.0M
TPB
Growing faster (revenue YoY)
TPB
TPB
+22.1% gap
TPB
29.2%
7.1%
CVEO
Higher net margin
TPB
TPB
10.8% more per $
TPB
6.8%
-4.0%
CVEO
More free cash flow
TPB
TPB
$7.1M more FCF
TPB
$21.5M
$14.5M
CVEO
Faster 2-yr revenue CAGR
TPB
TPB
Annualised
TPB
20.7%
-1.4%
CVEO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CVEO
CVEO
TPB
TPB
Revenue
$161.6M
$121.0M
Net Profit
$-6.5M
$8.2M
Gross Margin
22.7%
55.9%
Operating Margin
-0.1%
16.5%
Net Margin
-4.0%
6.8%
Revenue YoY
7.1%
29.2%
Net Profit YoY
58.1%
239.8%
EPS (diluted)
$-0.58
$0.40

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
TPB
TPB
Q4 25
$161.6M
$121.0M
Q3 25
$170.5M
$119.0M
Q2 25
$162.7M
$116.6M
Q1 25
$144.0M
$106.4M
Q4 24
$151.0M
$93.7M
Q3 24
$176.3M
$90.7M
Q2 24
$188.7M
$93.2M
Q1 24
$166.1M
$83.1M
Net Profit
CVEO
CVEO
TPB
TPB
Q4 25
$-6.5M
$8.2M
Q3 25
$-455.0K
$21.1M
Q2 25
$-3.3M
$14.5M
Q1 25
$-9.8M
$14.4M
Q4 24
$-15.4M
$2.4M
Q3 24
$-5.1M
$12.4M
Q2 24
$8.2M
$13.0M
Q1 24
$-5.1M
$12.0M
Gross Margin
CVEO
CVEO
TPB
TPB
Q4 25
22.7%
55.9%
Q3 25
25.7%
59.2%
Q2 25
25.3%
57.1%
Q1 25
20.4%
56.0%
Q4 24
18.6%
56.0%
Q3 24
21.4%
55.6%
Q2 24
25.4%
54.1%
Q1 24
21.5%
58.2%
Operating Margin
CVEO
CVEO
TPB
TPB
Q4 25
-0.1%
16.5%
Q3 25
4.1%
21.8%
Q2 25
1.7%
22.6%
Q1 25
-3.8%
21.8%
Q4 24
-6.7%
19.1%
Q3 24
0.0%
22.9%
Q2 24
6.9%
24.5%
Q1 24
-1.1%
23.2%
Net Margin
CVEO
CVEO
TPB
TPB
Q4 25
-4.0%
6.8%
Q3 25
-0.3%
17.7%
Q2 25
-2.0%
12.4%
Q1 25
-6.8%
13.5%
Q4 24
-10.2%
2.6%
Q3 24
-2.9%
13.6%
Q2 24
4.4%
14.0%
Q1 24
-3.1%
14.5%
EPS (diluted)
CVEO
CVEO
TPB
TPB
Q4 25
$-0.58
$0.40
Q3 25
$-0.04
$1.13
Q2 25
$-0.25
$0.79
Q1 25
$-0.72
$0.79
Q4 24
$-1.04
$0.15
Q3 24
$-0.36
$0.68
Q2 24
$0.56
$0.68
Q1 24
$-0.35
$0.63

Balance Sheet & Financial Strength

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

Metric
CVEO
CVEO
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$14.4M
$222.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$174.4M
$372.0M
Total Assets
$477.4M
$763.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVEO
CVEO
TPB
TPB
Q4 25
$14.4M
$222.8M
Q3 25
$12.0M
$201.2M
Q2 25
$14.6M
$109.9M
Q1 25
$28.4M
$99.6M
Q4 24
$5.2M
$48.9M
Q3 24
$17.9M
$33.6M
Q2 24
$7.4M
$142.2M
Q1 24
$16.8M
$130.9M
Total Debt
CVEO
CVEO
TPB
TPB
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$43.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CVEO
CVEO
TPB
TPB
Q4 25
$174.4M
$372.0M
Q3 25
$182.5M
$358.2M
Q2 25
$209.4M
$224.8M
Q1 25
$220.7M
$203.4M
Q4 24
$236.4M
$190.4M
Q3 24
$282.2M
$185.7M
Q2 24
$297.4M
$172.8M
Q1 24
$297.4M
$160.0M
Total Assets
CVEO
CVEO
TPB
TPB
Q4 25
$477.4M
$763.8M
Q3 25
$491.1M
$742.8M
Q2 25
$508.8M
$595.8M
Q1 25
$423.8M
$564.6M
Q4 24
$405.1M
$493.4M
Q3 24
$477.6M
$488.0M
Q2 24
$483.2M
$591.6M
Q1 24
$513.1M
$586.3M
Debt / Equity
CVEO
CVEO
TPB
TPB
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
TPB
TPB
Operating Cash FlowLast quarter
$19.3M
$24.9M
Free Cash FlowOCF − Capex
$14.5M
$21.5M
FCF MarginFCF / Revenue
8.9%
17.8%
Capex IntensityCapex / Revenue
3.0%
2.8%
Cash ConversionOCF / Net Profit
3.03×
TTM Free Cash FlowTrailing 4 quarters
$2.1M
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVEO
CVEO
TPB
TPB
Q4 25
$19.3M
$24.9M
Q3 25
$13.8M
$3.3M
Q2 25
$-2.3M
$11.8M
Q1 25
$-8.4M
$17.4M
Q4 24
$9.5M
$17.7M
Q3 24
$35.7M
$13.2M
Q2 24
$32.4M
$13.4M
Q1 24
$6.0M
$22.6M
Free Cash Flow
CVEO
CVEO
TPB
TPB
Q4 25
$14.5M
$21.5M
Q3 25
$8.2M
$-721.0K
Q2 25
$-6.8M
$7.8M
Q1 25
$-13.7M
$15.2M
Q4 24
$1.8M
$16.6M
Q3 24
$28.2M
$12.6M
Q2 24
$27.0M
$10.9M
Q1 24
$372.0K
$22.3M
FCF Margin
CVEO
CVEO
TPB
TPB
Q4 25
8.9%
17.8%
Q3 25
4.8%
-0.6%
Q2 25
-4.2%
6.7%
Q1 25
-9.5%
14.3%
Q4 24
1.2%
17.8%
Q3 24
16.0%
13.9%
Q2 24
14.3%
11.7%
Q1 24
0.2%
26.8%
Capex Intensity
CVEO
CVEO
TPB
TPB
Q4 25
3.0%
2.8%
Q3 25
3.3%
3.4%
Q2 25
2.8%
3.4%
Q1 25
3.7%
2.1%
Q4 24
5.1%
1.2%
Q3 24
4.2%
0.7%
Q2 24
2.8%
2.7%
Q1 24
3.4%
0.4%
Cash Conversion
CVEO
CVEO
TPB
TPB
Q4 25
3.03×
Q3 25
0.16×
Q2 25
0.82×
Q1 25
1.21×
Q4 24
7.34×
Q3 24
1.07×
Q2 24
3.93×
1.03×
Q1 24
1.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVEO
CVEO

Segment breakdown not available.

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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