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Side-by-side financial comparison of Civeo Corp (CVEO) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.

VIRTUS INVESTMENT PARTNERS, INC. is the larger business by last-quarter revenue ($199.5M vs $161.6M, roughly 1.2× Civeo Corp). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 3.6% vs -4.0%, a 7.6% gap on every dollar of revenue. On growth, Civeo Corp posted the faster year-over-year revenue change (7.1% vs -4.1%). Over the past eight quarters, Civeo Corp's revenue compounded faster (-1.4% CAGR vs -5.7%).

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.

Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.

CVEO vs VRTS — Head-to-Head

Bigger by revenue
VRTS
VRTS
1.2× larger
VRTS
$199.5M
$161.6M
CVEO
Growing faster (revenue YoY)
CVEO
CVEO
+11.1% gap
CVEO
7.1%
-4.1%
VRTS
Higher net margin
VRTS
VRTS
7.6% more per $
VRTS
3.6%
-4.0%
CVEO
Faster 2-yr revenue CAGR
CVEO
CVEO
Annualised
CVEO
-1.4%
-5.7%
VRTS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CVEO
CVEO
VRTS
VRTS
Revenue
$161.6M
$199.5M
Net Profit
$-6.5M
$7.1M
Gross Margin
22.7%
Operating Margin
-0.1%
7.7%
Net Margin
-4.0%
3.6%
Revenue YoY
7.1%
-4.1%
Net Profit YoY
58.1%
-78.1%
EPS (diluted)
$-0.58
$1.05

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
VRTS
VRTS
Q1 26
$199.5M
Q4 25
$161.6M
$208.0M
Q3 25
$170.5M
$216.4M
Q2 25
$162.7M
$210.5M
Q1 25
$144.0M
$217.9M
Q4 24
$151.0M
$233.5M
Q3 24
$176.3M
$227.0M
Q2 24
$188.7M
$224.4M
Net Profit
CVEO
CVEO
VRTS
VRTS
Q1 26
$7.1M
Q4 25
$-6.5M
$33.9M
Q3 25
$-455.0K
$31.3M
Q2 25
$-3.3M
$42.7M
Q1 25
$-9.8M
$28.1M
Q4 24
$-15.4M
$39.5M
Q3 24
$-5.1M
$49.1M
Q2 24
$8.2M
$26.0M
Gross Margin
CVEO
CVEO
VRTS
VRTS
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
VRTS
VRTS
Q1 26
7.7%
Q4 25
-0.1%
19.1%
Q3 25
4.1%
21.7%
Q2 25
1.7%
21.5%
Q1 25
-3.8%
16.8%
Q4 24
-6.7%
21.7%
Q3 24
0.0%
24.3%
Q2 24
6.9%
19.7%
Net Margin
CVEO
CVEO
VRTS
VRTS
Q1 26
3.6%
Q4 25
-4.0%
16.3%
Q3 25
-0.3%
14.5%
Q2 25
-2.0%
20.3%
Q1 25
-6.8%
12.9%
Q4 24
-10.2%
16.9%
Q3 24
-2.9%
21.6%
Q2 24
4.4%
11.6%
EPS (diluted)
CVEO
CVEO
VRTS
VRTS
Q1 26
$1.05
Q4 25
$-0.58
$5.15
Q3 25
$-0.04
$4.65
Q2 25
$-0.25
$6.12
Q1 25
$-0.72
$4.05
Q4 24
$-1.04
$4.65
Q3 24
$-0.36
$5.71
Q2 24
$0.56
$2.43

Balance Sheet & Financial Strength

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

Metric
CVEO
CVEO
VRTS
VRTS
Cash + ST InvestmentsLiquidity on hand
$14.4M
$136.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$174.4M
$93.6B
Total Assets
$477.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVEO
CVEO
VRTS
VRTS
Q1 26
$136.6M
Q4 25
$14.4M
Q3 25
$12.0M
Q2 25
$14.6M
Q1 25
$28.4M
Q4 24
$5.2M
Q3 24
$17.9M
Q2 24
$7.4M
Total Debt
CVEO
CVEO
VRTS
VRTS
Q1 26
Q4 25
$390.0M
Q3 25
$390.6M
Q2 25
$231.3M
Q1 25
$231.7M
Q4 24
$43.3M
$232.1M
Q3 24
$237.5M
Q2 24
$247.6M
Stockholders' Equity
CVEO
CVEO
VRTS
VRTS
Q1 26
$93.6B
Q4 25
$174.4M
$934.0M
Q3 25
$182.5M
$918.7M
Q2 25
$209.4M
$896.4M
Q1 25
$220.7M
$893.7M
Q4 24
$236.4M
$897.5M
Q3 24
$282.2M
$889.0M
Q2 24
$297.4M
$868.7M
Total Assets
CVEO
CVEO
VRTS
VRTS
Q1 26
Q4 25
$477.4M
$4.3B
Q3 25
$491.1M
$3.9B
Q2 25
$508.8M
$3.7B
Q1 25
$423.8M
$3.7B
Q4 24
$405.1M
$4.0B
Q3 24
$477.6M
$3.6B
Q2 24
$483.2M
$3.6B
Debt / Equity
CVEO
CVEO
VRTS
VRTS
Q1 26
Q4 25
0.42×
Q3 25
0.43×
Q2 25
0.26×
Q1 25
0.26×
Q4 24
0.18×
0.26×
Q3 24
0.27×
Q2 24
0.29×

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
VRTS
VRTS
Operating Cash FlowLast quarter
$19.3M
Free Cash FlowOCF − Capex
$14.5M
FCF MarginFCF / Revenue
8.9%
Capex IntensityCapex / Revenue
3.0%
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
VRTS
VRTS
Q1 26
Q4 25
$19.3M
$-67.2M
Q3 25
$13.8M
$108.3M
Q2 25
$-2.3M
$75.8M
Q1 25
$-8.4M
$-3.8M
Q4 24
$9.5M
$1.8M
Q3 24
$35.7M
$69.1M
Q2 24
$32.4M
$70.0M
Free Cash Flow
CVEO
CVEO
VRTS
VRTS
Q1 26
Q4 25
$14.5M
$-74.1M
Q3 25
$8.2M
$106.9M
Q2 25
$-6.8M
$74.2M
Q1 25
$-13.7M
$-6.8M
Q4 24
$1.8M
$-3.8M
Q3 24
$28.2M
$68.7M
Q2 24
$27.0M
$68.6M
FCF Margin
CVEO
CVEO
VRTS
VRTS
Q1 26
Q4 25
8.9%
-35.6%
Q3 25
4.8%
49.4%
Q2 25
-4.2%
35.2%
Q1 25
-9.5%
-3.1%
Q4 24
1.2%
-1.6%
Q3 24
16.0%
30.3%
Q2 24
14.3%
30.6%
Capex Intensity
CVEO
CVEO
VRTS
VRTS
Q1 26
Q4 25
3.0%
3.3%
Q3 25
3.3%
0.7%
Q2 25
2.8%
0.7%
Q1 25
3.7%
1.4%
Q4 24
5.1%
2.4%
Q3 24
4.2%
0.2%
Q2 24
2.8%
0.6%
Cash Conversion
CVEO
CVEO
VRTS
VRTS
Q1 26
Q4 25
-1.99×
Q3 25
3.45×
Q2 25
1.77×
Q1 25
-0.13×
Q4 24
0.04×
Q3 24
1.41×
Q2 24
3.93×
2.69×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVEO
CVEO

Segment breakdown not available.

VRTS
VRTS

Investment management fees$169.1M85%
Administration and shareholder service fees$17.3M9%
Distribution and service fees$11.6M6%

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