Civeo Corporation (CVEO) Key Metrics
CVEO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $303.2M
- Enterprise value
- $544.1M
- P/E (TTM)
- — 10-yr median 108.9
- Forward P/E
- 98.0
- PEG ratio
- 191.60
- Price / sales
- 0.4 10-yr median 0.5
- Price / book
- 2.2 10-yr median 0.7
- EV / EBITDA
- 6.2 10-yr median 6.0
- Dividend yield
- —
- Beta
- 0.70
CVEO key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCVEO valuation Price multiples at each fiscal year-end price.
Price / sales−4.9%
0.5
2025 · hover or tap a bar for each year
20162025
Price / book+20.8%
1.7
2025 · hover or tap a bar for each year
20162025
EV / EBITDA+12.9%
6.0
2025 · hover or tap a bar for each year
20162025
Price / free cash flow+2,280.9%
134.7
2025 · hover or tap a bar for each year
20162025
Free cash flow yield−16.9 pts
0.7%
2025 · hover or tap a bar for each year
20162025
CVEO returns How much profit the business earns on the capital it uses.
Return on equity−3.6 pts
−9.8%
2025 · hover or tap a bar for each year
20162025
Return on invested capital+0.7 pts
1.0%
2025 · hover or tap a bar for each year
20162025
Return on assets−1.0 pts
−4.5%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin−8.1 pts
0.3%
2025 · hover or tap a bar for each year
20162025
Asset turnover+1.2%
1.45
2025 · hover or tap a bar for each year
20162025
CVEO per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+5.8%
$50.52
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$1.59
2025 · hover or tap a bar for each year
20162025
Free cash flow per share−95.8%
$0.17
2025 · hover or tap a bar for each year
20162025
Book value per share−16.7%
$13.79
2025 · hover or tap a bar for each year
20162025
Dividends per share−73.1%
$0.27
2025 · hover or tap a bar for each year
20162025
Shares outstanding−11.5%
12.6M
2025 · hover or tap a bar for each year
20162025
CVEO financial health Debt, liquidity and how easily interest is covered.
Debt / equity+371.6%
1.11
2025 · hover or tap a bar for each year
20162025
Net debt+$129.0M
$179.5M
2025 · hover or tap a bar for each year
20162025
Net debt / EBITDA+1.59
2.31
2025 · hover or tap a bar for each year
20162025
Current ratio+29.6%
1.54
2025 · hover or tap a bar for each year
20162025
Interest coverage+115.7%
0.4
2025 · hover or tap a bar for each year
20162025
Debt / assets+195.2%
0.41
2025 · hover or tap a bar for each year
20162025
CVEO efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−11 days
51 days
2025 · hover or tap a bar for each year
20162025
Days of inventory0 days
5 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding−2 days
32 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle−8 days
25 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue−0.7 pts
3.2%
2025 · hover or tap a bar for each year
20162025
CVEO valuation history
Fiscal year-endToday10-year median
CVEO returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CVEO debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CVEO cash returned to shareholders
DividendsBuybacksFree cash flow
CVEO price vs earnings per share
Share price at year-endEPS (right axis)
CVEO key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $289.2M | $324.6M | $343.0M | $435.5M | $272.8M | $196.4M | $215.5M | $224.8M | $350.4M | $235.5M |
| Enterprise value | $468.8M | $375.1M | $418.9M | $571.2M | $459.4M | $463.1M | $590.3M | $588.7M | $612.4M | $586.9M |
| P/E ratio | — | — | 11.4 | 108.9 | 202.1 | — | — | — | — | — |
| Price / sales | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 | 0.4 | 0.4 | 0.5 | 0.9 | 0.6 |
| Price / book | 1.7 | 1.4 | 1.1 | 1.5 | 0.8 | 0.5 | 0.4 | 0.4 | 0.7 | 0.5 |
| Price / free cash flow | 134.7 | 5.7 | 5.3 | 6.6 | 3.7 | 1.8 | 4.8 | 6.0 | 7.7 | 5.6 |
| Price / operating cash flow | 12.9 | 3.9 | 3.6 | 4.7 | 3.1 | 1.7 | 2.9 | 4.1 | 6.2 | 3.8 |
| EV / sales | 0.7 | 0.5 | 0.6 | 0.8 | 0.8 | 0.9 | 1.1 | 1.3 | 1.6 | 1.5 |
| EV / EBITDA | 6.0 | 5.4 | 3.3 | 5.2 | 4.5 | — | 7.2 | 15.1 | 21.0 | 15.4 |
| EV / free cash flow | 218.3 | 6.5 | 6.5 | 8.6 | 6.3 | 4.3 | 13.2 | 15.8 | 13.4 | 13.9 |
| Earnings yield | −6.9% | −5.3% | 8.8% | 0.9% | 0.5% | −68.4% | −27.1% | −36.6% | −30.2% | −40.9% |
| Free cash flow yield | 0.7% | 17.7% | 18.9% | 15.2% | 26.7% | 54.6% | 20.7% | 16.6% | 13.0% | 18.0% |
| Dividend yield | 1.2% | 4.4% | 2.2% | 0.4% | 0.7% | 1.0% | 0.9% | 0.6% | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 19.7% | 13.6% | 5.6% | 10.7% | 2.4% | 3.3% | 0.9% | 0.6% | 0.0% | 0.0% |
| Share price at fiscal year-end | $22.87 | $22.72 | $22.85 | $31.10 | $19.17 | $13.90 | $15.48 | $17.16 | $32.76 | $26.40 |
| Per share | ||||||||||
| Revenue per share | $50.52 | $47.74 | $46.68 | $49.78 | $41.77 | $37.49 | $37.90 | $35.62 | $35.74 | $44.54 |
| Earnings per share | −$1.59 | −$1.19 | $2.01 | $0.29 | $0.09 | −$9.50 | −$4.19 | −$6.28 | −$9.88 | −$10.81 |
| Operating cash flow per share | $1.77 | $5.85 | $6.43 | $6.55 | $6.22 | $8.31 | $5.35 | $4.15 | $5.31 | $6.96 |
| Free cash flow per share | $0.17 | $4.02 | $4.33 | $4.74 | $5.13 | $7.59 | $3.21 | $2.85 | $4.27 | $4.75 |
| Cash per share | $1.14 | $0.36 | $0.22 | $0.57 | $0.44 | $0.44 | $0.24 | $0.94 | $3.05 | $0.20 |
| Book value per share | $13.79 | $16.54 | $21.33 | $21.44 | $25.40 | $26.52 | $35.21 | $40.86 | $44.52 | $53.31 |
| Tangible book value per share | $7.63 | $11.40 | $15.62 | $15.05 | $18.24 | $18.84 | $19.26 | $23.03 | $40.27 | $47.02 |
| Dividends per share | $0.27 | $1.01 | $0.49 | $0.12 | $0.14 | $0.13 | $0.13 | $0.11 | $0.00 | $0.00 |
| Capex per share | $1.60 | $1.83 | $2.11 | $1.82 | $1.09 | $0.71 | $2.14 | $1.31 | $1.05 | $2.22 |
| Debt per share | $15.34 | $3.90 | $5.27 | $10.26 | $13.55 | $19.31 | $27.16 | $28.71 | $27.54 | $39.61 |
| Shares outstanding | 12.6M | 14.3M | 15.0M | 14.0M | 14.2M | 14.1M | 13.9M | 13.1M | 10.7M | 8.9M |
| Change in shares outstanding | −11.5% | −4.8% | +7.2% | −1.6% | +0.7% | +1.5% | +6.2% | +22.5% | +19.9% | +0.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −9.8% | −6.1% | 9.7% | 1.2% | 0.4% | −31.0% | −11.4% | −16.3% | −22.2% | −18.6% |
| Return on invested capital (ROIC) | 1.0% | 0.3% | 7.0% | 2.0% | 0.5% | −15.4% | −4.4% | −8.5% | −9.9% | −8.5% |
| Return on assets (ROA) | −4.5% | −3.6% | 5.4% | 0.6% | 0.2% | −15.7% | −5.9% | −8.9% | −12.0% | −9.7% |
| Return on tangible assets | −5.0% | −5.1% | 6.5% | 0.8% | 0.2% | −21.2% | −7.8% | −10.7% | −13.1% | −11.3% |
| Free cash flow margin | 0.3% | 8.4% | 9.3% | 9.5% | 12.3% | 20.3% | 8.5% | 8.0% | 11.9% | 10.7% |
| Income quality (OCF / net income) | — | — | 3.20 | 22.96 | 65.58 | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $194.0M | $55.8M | $79.2M | $143.7M | $192.9M | $272.9M | $378.1M | $376.2M | $294.6M | $353.3M |
| Cash & short-term investments | $14.4M | $5.2M | $3.3M | $8.0M | $6.3M | $6.2M | $3.3M | $12.4M | $32.6M | $1.8M |
| Net debt | $179.5M | $50.5M | $75.9M | $135.8M | $186.6M | $266.7M | $374.8M | $363.9M | $261.9M | $351.5M |
| Debt / equity | 1.11 | 0.24 | 0.25 | 0.48 | 0.53 | 0.73 | 0.77 | 0.70 | 0.62 | 0.74 |
| Debt / assets | 0.41 | 0.14 | 0.14 | 0.25 | 0.29 | 0.37 | 0.39 | 0.38 | 0.34 | 0.39 |
| Net debt / EBITDA | 2.31 | 0.72 | 0.59 | 1.23 | 1.83 | — | 4.57 | 9.36 | 8.99 | 9.24 |
| Current ratio | 1.54 | 1.19 | 1.53 | 1.20 | 1.15 | 1.02 | 1.19 | 1.24 | 1.75 | 1.37 |
| Quick ratio | 1.47 | 1.11 | 1.47 | 1.14 | 1.10 | 0.97 | 1.14 | 1.19 | 1.65 | 1.31 |
| Interest coverage | 0.4 | 0.2 | 3.0 | 1.5 | 0.5 | -8.8 | -1.8 | -3.4 | -4.6 | -4.2 |
| Working capital | $46.3M | $17.8M | $61.0M | $25.3M | $20.3M | $2.4M | $21.4M | $21.1M | $56.6M | $22.1M |
| Invested capital | $353.9M | $286.9M | $396.0M | $435.9M | $548.1M | $641.4M | $864.9M | $899.3M | $738.2M | $827.0M |
| Tangible asset value | $96.4M | $163.5M | $237.3M | $214.3M | $261.3M | $266.9M | $268.8M | $301.8M | $430.9M | $419.9M |
| Net current asset value | −$171.8M | −$57.6M | −$49.8M | −$108.9M | −$152.4M | −$246.3M | −$347.7M | −$358.5M | −$245.3M | −$351.9M |
| Graham number | — | — | $31.05 | $11.73 | $7.36 | — | — | — | — | — |
| Graham net-net per share | −$17.21 | −$6.46 | −$7.38 | −$11.52 | −$15.03 | −$20.45 | −$28.61 | −$30.46 | −$27.22 | −$43.60 |
| Capital allocation | ||||||||||
| Dividends paid | $3.4M | $14.4M | $7.4M | $1.7M | $1.9M | $1.9M | $1.8M | $1.5M | $0 | $0 |
| Share buybacks (net) | $53.6M | $29.6M | $11.6M | $44.8M | $4.6M | $4.6M | — | — | $0 | $0 |
| Dividend payout ratio | — | — | 24.6% | 42.7% | 142.6% | — | — | — | — | — |
| Dividends + buybacks / free cash flow | — | 76.8% | 29.3% | 70.0% | 9.0% | 6.1% | 4.1% | 3.9% | 0.0% | 0.0% |
| Capex / revenue | 3.2% | 3.8% | 4.5% | 3.6% | 2.6% | 1.9% | 5.7% | 3.7% | 2.9% | 5.0% |
| Capex / operating cash flow | 90.4% | 31.3% | 32.8% | 27.7% | 17.6% | 8.6% | 40.0% | 31.5% | 19.7% | 31.8% |
| Capex / depreciation | 0.28 | 0.38 | 0.42 | 0.29 | 0.19 | 0.10 | 0.24 | 0.14 | 0.09 | 0.15 |
| Stock-based compensation / revenue | 0.5% | 0.4% | 0.6% | 0.5% | 0.7% | 1.1% | 1.9% | 2.4% | 1.9% | 1.3% |
| SG&A / revenue | 11.8% | 10.8% | 10.3% | 10.0% | 10.2% | 10.1% | 11.3% | 14.8% | 16.6% | 13.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 51.3 | 62.1 | 68.5 | 61.4 | 62.8 | 65.2 | 58.7 | 53.6 | 58.8 | 54.1 |
| Days of inventory on hand | 5.1 | 5.0 | 4.8 | 4.7 | 5.3 | 5.8 | 5.1 | 6.4 | 7.3 | 6.1 |
| Days payables outstanding | 31.5 | 33.8 | 37.8 | 35.4 | 38.2 | 37.7 | 32.5 | 31.0 | 34.7 | 32.1 |
| Cash conversion cycle (days) | 24.9 | 33.3 | 35.5 | 30.7 | 29.9 | 33.2 | 31.3 | 29.0 | 31.4 | 28.1 |
| Receivables turnover | 7.12 | 5.87 | 5.33 | 5.94 | 5.81 | 5.60 | 6.22 | 6.81 | 6.21 | 6.75 |
| Payables turnover | 11.58 | 10.80 | 9.66 | 10.30 | 9.55 | 9.67 | 11.23 | 11.77 | 10.52 | 11.36 |
| Inventory turnover | 70.92 | 73.38 | 76.36 | 77.32 | 69.01 | 63.38 | 71.99 | 57.16 | 49.67 | 59.40 |
| Asset turnover | 1.45 | 1.43 | 1.26 | 1.13 | 0.84 | 0.62 | 0.54 | 0.50 | 0.43 | 0.40 |
| Average receivables | $89.8M | $116.1M | $131.5M | $117.3M | $102.3M | $94.6M | $84.9M | $68.5M | $61.6M | $58.9M |
| Average payables | $42.1M | $49.3M | $54.9M | $50.2M | $45.7M | $39.5M | $32.7M | $28.1M | $24.5M | $22.9M |
| Average inventory | $6.9M | $7.3M | $6.9M | $6.7M | $6.3M | $6.0M | $5.1M | $5.8M | $5.2M | $4.4M |
| Intangibles / total assets | 16.3% | 18.1% | 15.6% | 15.8% | 15.1% | 14.6% | 22.9% | 23.3% | 5.3% | 6.2% |
Computed from CVEO's annual financial statements (latest annual report filed March 3, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CVEO valuation and financial ratios
Civeo earned a return on equity of −9.8% and a return on invested capital of 1.0% in fiscal 2025. It ended the year with $194.0 million of debt and $14.4 million in cash and short-term investments, net debt of $179.5 million. It returned $57.0 million to shareholders: $3.4 million in dividends and $53.6 million in share buybacks. The share count rose 41.8% from 8.9M to 12.6M over 9 years.
See the CVEO income statement, the CVEO chart for price history, or the CVEO stock overview for the latest quote and news.
CVEO key metrics FAQ
What is Civeo's EV/EBITDA?
Civeo's enterprise value was 6.0 times EBITDA at the end of fiscal 2025 (enterprise value $468.8 million, EBITDA $77.6 million); the current EV/EBITDA is 6.2.
What is Civeo's return on equity?
Civeo's return on equity (ROE) was −9.8% in fiscal 2025: net income of -$20.1 million on average shareholders' equity of $205.4 million.
What is Civeo's ROIC?
Civeo's return on invested capital was 1.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Civeo have?
Civeo had total debt of $194.0 million at the end of fiscal 2025, a debt-to-equity ratio of 1.11 and $179.5 million of net debt (2.31 times EBITDA).
What is Civeo's dividend yield?
Civeo paid $3.4 million in dividends in fiscal 2025 ($0.27 per share), a payout ratio of —.
Does Civeo buy back its shares?
Yes. Civeo spent $53.6 million on net share repurchases in fiscal 2025 Shares outstanding changed −11.5% over the year, to 12.6M..
What is Civeo's free cash flow yield?
Civeo generated $2.1 million of free cash flow in fiscal 2025, a free cash flow yield of 0.7% on its market value at year-end ($289.2 million).
What is Civeo's current ratio?
Civeo's current ratio was 1.54 at the end of fiscal 2025: current assets were 1.54 times current liabilities.