Civeo Corp - Understand $cveo stock

$CVEO Market Cap: $320.9 Million

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Financial Snapshot

Revenue

$702.0M

TTM

Gross Margin

22.33%

TTM

Net Earnings

$21.03M

TTM

Current Assets

$145.5M

Q3 2024

Current Liabilities

$106.8M

Q3 2024

Current Ratio

136.19%

Q3 2024

Total Assets

$477.6M

Q3 2024

Total Liabilities

$193.7M

Q3 2024

Book Value

$283.9M

Q3 2024

Cash

$17.91M

Q3 2024

P/E

15.26

Nov 29, 2024 EST

Free Cash Flow

$85.13M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$700.8M	$697.1M	$594.5M	$529.7M	$527.6M	$466.7M	$382.3M	$397.2M	$518.0M	$942.9M	$1.041B	$1.109B	$864.7M	$537.7M
YoY Change	0.54%	17.26%	12.22%	0.41%	13.04%	22.08%	-3.76%	-23.31%	-45.07%	-9.43%	-6.11%	28.24%	60.81%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$700.8M	$697.1M	$594.5M	$529.7M	$527.6M	$466.7M	$382.3M	$397.2M	$518.0M	$942.9M	$1.041B	$1.109B	$864.7M	$537.7M
Cost Of Revenue	$530.1M	$502.1M	$422.5M	$367.1M	$344.3M	$330.4M	$245.0M	$238.0M	$300.9M	$513.1M	$530.6M	$552.4M	$456.4M	$314.4M
Gross Profit	$170.7M	$195.0M	$172.0M	$162.6M	$183.3M	$136.3M	$137.3M	$159.2M	$217.1M	$429.8M	$510.5M	$556.5M	$408.3M	$223.3M
Gross Profit Margin	24.36%	27.97%	28.93%	30.69%	34.75%	29.21%	35.92%	40.08%	41.91%	45.58%	49.04%	50.18%	47.22%	41.53%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Selling, General & Admin	$72.61M	$69.96M	$60.60M	$53.66M	$59.59M	$67.04M	$63.43M	$55.30M	$68.44M	$70.35M	$69.59M	$64.20M	$54.40M	$29.40M
YoY Change	3.78%	15.45%	12.94%	-9.95%	-11.11%	5.68%	14.71%	-19.2%	-2.71%	1.08%	8.4%	18.01%	85.03%
% of Gross Profit	42.54%	35.88%	35.24%	33.0%	32.51%	49.18%	46.2%	34.74%	31.53%	16.37%	13.63%	11.54%	13.32%	13.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$75.14M	$87.21M	$83.10M	$96.55M	$123.8M	$125.8M	$126.4M	$131.3M	$153.0M	$175.0M	$167.2M	$139.0M	$110.7M	$45.70M
YoY Change	-13.84%	4.95%	-13.93%	-21.99%	-1.65%	-0.47%	-3.7%	-14.18%	-12.56%	4.64%	20.3%	25.56%	142.23%
% of Gross Profit	44.02%	44.73%	48.33%	59.38%	67.52%	92.33%	92.09%	82.48%	70.48%	40.71%	32.75%	24.98%	27.11%	20.47%
Operating Expenses	$72.61M	$69.96M	$60.60M	$53.66M	$59.59M	$67.04M	$63.43M	$493.0M	$663.0M	$1.086B	$781.6M	$203.5M	$166.1M	$81.90M
YoY Change	3.78%	15.45%	12.94%	-9.95%	-11.11%	5.68%	-87.13%	-25.64%	-38.94%	38.91%	284.1%	22.52%	102.81%
Operating Profit	$39.49M	$17.02M	$6.052M	-$147.2M	-$49.05M	-$88.06M	-$97.97M	-$95.76M	-$145.0M	-$142.9M	$259.5M	$353.0M	$242.2M	$141.4M
YoY Change	132.03%	181.2%	-104.11%	200.07%	-44.3%	-10.12%	2.31%	-33.96%	1.48%	-155.07%	-26.5%	45.75%	71.29%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$13.18M	$11.47M	$12.96M	$16.69M	$27.38M	$26.26M	$21.44M	$22.67M	$22.59M	$14.40M	$6.029M	-$26.20M	-$20.30M	-$1.400M
YoY Change	14.84%	-11.49%	-22.31%	-39.06%	4.28%	22.48%	-5.42%	0.36%	56.88%	138.78%	-123.01%	29.06%	1350.0%
% of Operating Profit	33.37%	67.42%	214.21%								2.32%	-7.42%	-8.38%	-0.99%
Other Income/Expense, Net	$13.88M	$5.149M	$13.20M	$20.82M	$7.281M	$1.623M	$1.308M	$2.645M	$3.276M	$7.524M	$3.749M	$3.400M	$2.400M	-$500.0K
YoY Change	169.59%	-60.99%	-36.61%	185.99%	348.61%	24.08%	-50.55%	-19.26%	-56.46%	100.69%	10.26%	41.67%	-580.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Pretax Income	$40.36M	$10.73M	$5.873M	-$143.4M	-$69.08M	-$113.2M	-$118.7M	-$115.9M	-$163.8M	-$156.3M	$239.4M	$330.2M	$224.5M	$139.8M
YoY Change	276.1%	82.73%	-104.1%	107.62%	-38.99%	-4.66%	2.43%	-29.2%	4.78%	-165.29%	-27.51%	47.08%	60.59%
Income Tax	$10.63M	$4.402M	$3.376M	-$10.64M	-$10.74M	-$31.37M	-$13.49M	-$20.11M	-$33.09M	$31.38M	$56.06M	$84.30M	$55.10M	$41.70M
% Of Pretax Income	26.34%	41.02%	57.48%								23.42%	25.53%	24.54%	29.83%
Net Earnings	$30.16M	$3.997M	$1.350M	-$134.3M	-$58.49M	-$82.24M	-$105.7M	-$96.39M	-$131.8M	-$189.0M	$181.9M	$244.7M	$168.5M	$97.50M
YoY Change	654.49%	196.07%	-101.01%	129.52%	-28.88%	-22.2%	9.67%	-26.85%	-30.3%	-203.94%	-25.67%	45.22%	72.82%
Net Earnings / Revenue	4.3%	0.57%	0.23%	-25.34%	-11.09%	-17.62%	-27.65%	-24.27%	-25.44%	-20.05%	17.47%	22.07%	19.49%	18.13%
Basic Earnings Per Share	$2.02	-$0.21	-$0.04	-$9.64	-$4.33	-$10.06	-$0.82	-$0.90	-$1.24	-$1.77	$1.70
Diluted Earnings Per Share	$2.01	-$0.21	-$0.04	-$9.64	-$4.33	-$10.06	-$0.82	-$0.90	-$1.24	-$1.77	$1.70	$27.49M	$19.15M	$11.08M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash & Short-Term Investments	$3.323M	$7.954M	$6.282M	$6.200M	$3.300M	$12.40M	$32.60M	$1.800M	$7.800M	$263.3M	$224.1M	$161.4M	$32.10M
YoY Change	-58.22%	26.62%	1.32%	87.88%	-73.39%	-61.96%	1711.11%	-76.92%	-97.04%	17.49%	38.85%	402.8%
Cash & Equivalents	$3.323M	$7.954M	$6.282M	$6.200M	$3.300M	$12.40M	$32.60M	$1.800M	$7.800M	$263.3M	$224.1M	$161.4M	$32.10M
Short-Term Investments
Other Short-Term Assets	$21.72M	$18.93M	$29.58M	$17.10M	$22.70M	$20.90M	$25.50M	$21.30M	$15.00M	$27.20M	$8.000M	$7.300M	$6.700M
YoY Change	14.72%	-36.0%	73.01%	-24.67%	8.61%	-18.04%	19.72%	42.0%	-44.85%	240.0%	9.59%	8.96%
Inventory	$6.982M	$6.907M	$6.468M	$6.200M	$5.900M	$4.300M	$7.200M	$3.100M	$5.600M	$13.20M	$29.80M	$19.70M	$30.30M
Prepaid Expenses
Receivables	$143.2M	$119.8M	$114.9M	$89.80M	$99.50M	$70.20M	$66.80M	$56.30M	$61.50M	$160.3M	$177.8M	$208.6M	$192.4M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$175.2M	$153.5M	$157.2M	$119.2M	$131.4M	$107.8M	$132.2M	$82.60M	$90.00M	$464.0M	$439.7M	$397.0M	$261.5M
YoY Change	14.13%	-2.32%	31.87%	-9.28%	21.89%	-18.46%	60.05%	-8.22%	-80.6%	5.53%	10.76%	51.82%
Property, Plant & Equipment	$283.6M	$317.6M	$408.3M	$509.5M	$615.2M	$658.9M	$693.8M	$789.7M	$931.9M	$1.248B	$1.326B	$1.318B	$1.117B
YoY Change	-10.71%	-22.22%	-19.86%	-17.18%	-6.63%	-5.03%	-12.14%	-15.26%	-25.35%	-5.85%	0.64%	17.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$3.518M	$5.604M	$5.372M	$3.600M	$1.300M	$1.400M	$5.100M	$10.10M	$9.300M	$20.60M	$20.90M	$25.70M	$22.50M
YoY Change	-37.22%	4.32%	49.22%	176.92%	-7.14%	-72.55%	-49.5%	8.6%	-54.85%	-1.44%	-18.68%	14.22%
Total Long-Term Assets	$372.8M	$412.6M	$515.5M	$621.7M	$838.5M	$893.9M	$721.7M	$827.8M	$976.5M	$1.365B	$1.683B	$1.736B	$1.538B
YoY Change	-9.65%	-19.96%	-17.08%	-25.86%	-6.2%	23.86%	-12.82%	-15.23%	-28.47%	-18.91%	-3.02%	12.84%
Total Assets	$548.1M	$566.2M	$672.7M	$740.9M	$969.9M	$1.002B	$853.9M	$910.4M	$1.067B	$1.829B	$2.123B	$2.133B	$1.800B
YoY Change
Accounts Payable	$58.70M	$51.09M	$49.32M	$42.10M	$37.00M	$28.30M	$27.80M	$20.70M	$24.60M	$36.30M	$45.40M	$56.70M	$41.90M
YoY Change	14.9%	3.58%	17.15%	13.78%	30.74%	1.8%	34.3%	-15.85%	-32.23%	-20.04%	-19.93%	35.32%
Accrued Expenses	$40.12M	$40.13M	$34.86M	$28.70M	$24.10M	$13.80M	$21.00M	$13.90M	$13.90M	$20.90M	$24.90M	$50.60M	$38.30M
YoY Change	-0.02%	15.1%	21.48%	19.09%	74.64%	-34.29%	51.08%	0.0%	-33.49%	-16.06%	-50.79%	32.11%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$164.0K	$28.45M	$30.58M	$34.60M	$35.10M	$33.30M	$16.60M	$15.50M	$17.50M	$19.40M		$10.10M	$13.90M
YoY Change	-99.42%	-6.96%	-11.63%	-1.42%	5.41%	100.6%	7.1%	-11.43%	-9.79%			-27.34%
Total Short-Term Liabilities	$114.2M	$128.3M	$136.9M	$116.8M	$110.0M	$86.70M	$75.60M	$60.40M	$66.20M	$118.4M	$97.10M	$151.9M	$133.6M
YoY Change	-10.93%	-6.33%	17.22%	6.18%	26.87%	14.68%	25.17%	-8.76%	-44.09%	21.94%	-36.08%	13.7%
Long-Term Debt	$66.17M	$102.5M	$142.6M	$214.0M	$321.8M	$342.9M	$278.0M	$337.8M	$379.4M	$755.6M	$335.2M	$481.8M	$477.5M
YoY Change	-35.45%	-28.12%	-33.36%	-33.5%	-6.15%	23.35%	-17.7%	-10.96%	-49.79%	125.42%	-30.43%	0.9%
Other Long-Term Liabilities	$32.82M	$26.94M	$29.21M	$34.70M	$37.80M	$18.20M	$23.90M	$27.00M	$31.70M	$39.50M	$18.50M	$12.50M	$11.30M
YoY Change	21.81%	-7.75%	-15.83%	-8.2%	107.69%	-23.85%	-11.48%	-14.83%	-19.75%	113.51%	48.0%	10.62%
Total Long-Term Liabilities	$98.98M	$129.4M	$171.8M	$248.7M	$359.6M	$361.1M	$301.9M	$364.8M	$411.1M	$795.1M	$353.7M	$494.3M	$488.8M
YoY Change	-23.53%	-24.66%	-30.92%	-30.84%	-0.42%	19.61%	-17.24%	-11.26%	-48.3%	124.8%	-28.44%	1.13%
Total Liabilities	$227.9M	$266.0M	$311.2M	$366.2M	$479.8M	$466.3M	$377.7M	$435.0M	$503.3M	$971.2M	$532.2M	$722.5M	$677.7M
YoY Change	-14.34%	-14.52%	-15.01%	-23.68%	2.9%	23.46%	-13.17%	-13.57%	-48.18%	82.49%	-26.34%	6.61%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Basic Shares Outstanding	14.91M shares	14.00M shares	14.23M shares	14.13M shares	13.92M shares	13.10M shares	128.4M shares	107.0M shares	106.6M	106.3M	106.3M
Diluted Shares Outstanding	15.01M shares	14.00M shares	14.23M shares	14.13M shares	13.92M shares	13.10M shares	128.4M shares	107.0M shares	106.6M	106.3M	106.5M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $320.91 Million

About Civeo Corp

Civeo Corp. engages in the provision of workforce accommodations, logistics and facility management services to the natural resource industry. The company is headquartered in Houston, Texas and currently employs 1,600 full-time employees. The company went IPO on 2014-05-19. The Company’s segments include Canada and Australia. The firm offers hospitality services for its guests in the natural resources industry, including lodging, catering and food service, housekeeping and maintenance at accommodation facilities. The company provides services that support the day-to-day operations of these facilities, such as laundry, facility management and maintenance, water and wastewater treatment, power generation, communication systems, security and logistics. The company also manages development activities for workforce accommodation facilities, including site selection, permitting, engineering and design, manufacturing management and site construction, along with providing hospitality services once the facility is constructed. The company owns and operates 24 lodges and villages with over 26,000 rooms. In Canada, it also offers a fleet of mobile assets which serve shorter term projects, such as pipeline construction.

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