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Civeo Corporation

CVEOConsumer CyclicalNASDAQ

Lodging · Last scanned Jun 1, 2026

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Financials · Annual
Revenue
$638.8M
-6.3% YoY
Net Income
-$20.1M
-17.6% YoY
EBITDA
$77.6M
+10.7% YoY
Free Cash Flow
$32.3M

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About Civeo Corporation

Civeo Corporation engages in hospitality services to the natural resource industry in Canada, Australia, and internationally. The $373.7M market capitalization puts CVEO squarely in small-cap range for its industry. The company develops lodges and villages; and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide short to medium-term accommodation needs.

Key stats
Market Cap$373.7M
Fwd P/E63.24
EPS$-1.21
Beta0.73
52W Change+57.9%
Dividend Yield3.61%
ROE-7.4%
Analysis

The company holds $16.5M in cash, though total debt stands at $226.3M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company generates $32.3M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of -7.4% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.7% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $697.1M (2022) to $638.8M (2025).

Civeo Corporation carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Civeo Corporation and its sector.

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