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

WAFD INC is the larger business by last-quarter revenue ($191.4M vs $161.6M, roughly 1.2× Civeo Corp). WAFD INC runs the higher net margin — 33.5% vs -4.0%, a 37.5% gap on every dollar of revenue. On growth, WAFD INC posted the faster year-over-year revenue change (11.8% vs 7.1%). WAFD INC produced more free cash flow last quarter ($50.0M vs $14.5M). Over the past eight quarters, WAFD INC's revenue compounded faster (5.5% 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.

Washington Federal Bank is a bank based in Seattle, Washington. It operates 210 branches in Washington, Oregon, Idaho, Nevada, Utah, Arizona, New Mexico, California, and Texas. It is on the list of largest banks in the United States.

CVEO vs WAFD — Head-to-Head

Bigger by revenue
WAFD
WAFD
1.2× larger
WAFD
$191.4M
$161.6M
CVEO
Growing faster (revenue YoY)
WAFD
WAFD
+4.8% gap
WAFD
11.8%
7.1%
CVEO
Higher net margin
WAFD
WAFD
37.5% more per $
WAFD
33.5%
-4.0%
CVEO
More free cash flow
WAFD
WAFD
$35.6M more FCF
WAFD
$50.0M
$14.5M
CVEO
Faster 2-yr revenue CAGR
WAFD
WAFD
Annualised
WAFD
5.5%
-1.4%
CVEO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CVEO
CVEO
WAFD
WAFD
Revenue
$161.6M
$191.4M
Net Profit
$-6.5M
$64.2M
Gross Margin
22.7%
Operating Margin
-0.1%
43.0%
Net Margin
-4.0%
33.5%
Revenue YoY
7.1%
11.8%
Net Profit YoY
58.1%
35.8%
EPS (diluted)
$-0.58
$0.79

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
WAFD
WAFD
Q4 25
$161.6M
$191.4M
Q3 25
$170.5M
$188.3M
Q2 25
$162.7M
$186.3M
Q1 25
$144.0M
$179.8M
Q4 24
$151.0M
$171.1M
Q3 24
$176.3M
$188.7M
Q2 24
$188.7M
$194.4M
Q1 24
$166.1M
$172.0M
Net Profit
CVEO
CVEO
WAFD
WAFD
Q4 25
$-6.5M
$64.2M
Q3 25
$-455.0K
$60.6M
Q2 25
$-3.3M
$62.0M
Q1 25
$-9.8M
$56.3M
Q4 24
$-15.4M
$47.3M
Q3 24
$-5.1M
$61.1M
Q2 24
$8.2M
$64.6M
Q1 24
$-5.1M
$15.9M
Gross Margin
CVEO
CVEO
WAFD
WAFD
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
WAFD
WAFD
Q4 25
-0.1%
43.0%
Q3 25
4.1%
41.2%
Q2 25
1.7%
42.8%
Q1 25
-3.8%
40.1%
Q4 24
-6.7%
35.2%
Q3 24
0.0%
42.8%
Q2 24
6.9%
42.6%
Q1 24
-1.1%
12.2%
Net Margin
CVEO
CVEO
WAFD
WAFD
Q4 25
-4.0%
33.5%
Q3 25
-0.3%
32.2%
Q2 25
-2.0%
33.3%
Q1 25
-6.8%
31.3%
Q4 24
-10.2%
27.6%
Q3 24
-2.9%
32.4%
Q2 24
4.4%
33.2%
Q1 24
-3.1%
9.2%
EPS (diluted)
CVEO
CVEO
WAFD
WAFD
Q4 25
$-0.58
$0.79
Q3 25
$-0.04
$0.71
Q2 25
$-0.25
$0.73
Q1 25
$-0.72
$0.65
Q4 24
$-1.04
$0.54
Q3 24
$-0.36
$0.73
Q2 24
$0.56
$0.75
Q1 24
$-0.35
$0.17

Balance Sheet & Financial Strength

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

Metric
CVEO
CVEO
WAFD
WAFD
Cash + ST InvestmentsLiquidity on hand
$14.4M
$734.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$174.4M
$3.0B
Total Assets
$477.4M
$27.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVEO
CVEO
WAFD
WAFD
Q4 25
$14.4M
$734.9M
Q3 25
$12.0M
$657.3M
Q2 25
$14.6M
$809.3M
Q1 25
$28.4M
$1.2B
Q4 24
$5.2M
$1.5B
Q3 24
$17.9M
$2.4B
Q2 24
$7.4M
$2.5B
Q1 24
$16.8M
$1.5B
Total Debt
CVEO
CVEO
WAFD
WAFD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$43.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CVEO
CVEO
WAFD
WAFD
Q4 25
$174.4M
$3.0B
Q3 25
$182.5M
$3.0B
Q2 25
$209.4M
$3.0B
Q1 25
$220.7M
$3.0B
Q4 24
$236.4M
$3.0B
Q3 24
$282.2M
$3.0B
Q2 24
$297.4M
$3.0B
Q1 24
$297.4M
$2.9B
Total Assets
CVEO
CVEO
WAFD
WAFD
Q4 25
$477.4M
$27.3B
Q3 25
$491.1M
$26.7B
Q2 25
$508.8M
$26.7B
Q1 25
$423.8M
$27.6B
Q4 24
$405.1M
$27.7B
Q3 24
$477.6M
$28.1B
Q2 24
$483.2M
$28.6B
Q1 24
$513.1M
$30.1B
Debt / Equity
CVEO
CVEO
WAFD
WAFD
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
WAFD
WAFD
Operating Cash FlowLast quarter
$19.3M
$60.5M
Free Cash FlowOCF − Capex
$14.5M
$50.0M
FCF MarginFCF / Revenue
8.9%
26.1%
Capex IntensityCapex / Revenue
3.0%
5.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$2.1M
$377.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVEO
CVEO
WAFD
WAFD
Q4 25
$19.3M
$60.5M
Q3 25
$13.8M
$237.0M
Q2 25
$-2.3M
$58.0M
Q1 25
$-8.4M
$72.1M
Q4 24
$9.5M
$49.4M
Q3 24
$35.7M
$439.2M
Q2 24
$32.4M
$63.1M
Q1 24
$6.0M
$169.2M
Free Cash Flow
CVEO
CVEO
WAFD
WAFD
Q4 25
$14.5M
$50.0M
Q3 25
$8.2M
$208.2M
Q2 25
$-6.8M
$53.1M
Q1 25
$-13.7M
$66.6M
Q4 24
$1.8M
$43.0M
Q3 24
$28.2M
$414.6M
Q2 24
$27.0M
$58.3M
Q1 24
$372.0K
$164.8M
FCF Margin
CVEO
CVEO
WAFD
WAFD
Q4 25
8.9%
26.1%
Q3 25
4.8%
110.6%
Q2 25
-4.2%
28.5%
Q1 25
-9.5%
37.0%
Q4 24
1.2%
25.1%
Q3 24
16.0%
219.7%
Q2 24
14.3%
30.0%
Q1 24
0.2%
95.8%
Capex Intensity
CVEO
CVEO
WAFD
WAFD
Q4 25
3.0%
5.5%
Q3 25
3.3%
15.2%
Q2 25
2.8%
2.6%
Q1 25
3.7%
3.1%
Q4 24
5.1%
3.8%
Q3 24
4.2%
13.1%
Q2 24
2.8%
2.5%
Q1 24
3.4%
2.6%
Cash Conversion
CVEO
CVEO
WAFD
WAFD
Q4 25
0.94×
Q3 25
3.91×
Q2 25
0.94×
Q1 25
1.28×
Q4 24
1.05×
Q3 24
7.18×
Q2 24
3.93×
0.98×
Q1 24
10.65×

Financial Flow Comparison

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

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