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Civeo (CVEO) Net Margin % : 13.48% (As of Dec. 2023)


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What is Civeo Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Civeo's Net Income for the three months ended in Dec. 2023 was $23.0 Mil. Civeo's Revenue for the three months ended in Dec. 2023 was $170.8 Mil. Therefore, Civeo's net margin for the quarter that ended in Dec. 2023 was 13.48%.

The historical rank and industry rank for Civeo's Net Margin % or its related term are showing as below:

CVEO' s Net Margin % Range Over the Past 10 Years
Min: -27.65   Med: -18.84   Max: 4.3
Current: 4.3


CVEO's Net Margin % is ranked better than
51.6% of 1064 companies
in the Business Services industry
Industry Median: 3.955 vs CVEO: 4.30

Civeo Net Margin % Historical Data

The historical data trend for Civeo's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Civeo Net Margin % Chart

Civeo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.09 -25.34 0.23 0.57 4.30

Civeo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.83 -3.79 2.50 4.91 13.48

Competitive Comparison of Civeo's Net Margin %

For the Specialty Business Services subindustry, Civeo's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Civeo's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Civeo's Net Margin % distribution charts can be found below:

* The bar in red indicates where Civeo's Net Margin % falls into.



Civeo Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Civeo's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=30.157/700.805
=4.30 %

Civeo's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=23.025/170.799
=13.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Civeo  (NYSE:CVEO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Civeo Net Margin % Related Terms

Thank you for viewing the detailed overview of Civeo's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Civeo (CVEO) Business Description

Traded in Other Exchanges
Address
333 Clay Street, Three Allen Center, Suite 4980, Houston, TX, USA, 77002
Civeo Corp provides hospitality services to the natural resources industry in Canada, Australia and the United States. The company provides a full suite of services for guests, including lodging, catering and food service, housekeeping and maintenance at accommodation facilities that the company or its customers own. 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 operates in active oil, metallurgical coal, liquefied natural gas and iron ore-producing regions. The company operates in three reportable business segments Canada, Australia and the United States.
Executives
Moore Constance B director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Lance Torgerson 10 percent owner 596 MCCLURE ROAD, KELOWNA A1 V1W 1H3
Martin Lambert director 333 CLAY STREET, STE 4980, HOUSTON TX 77002
Allan Schoening officer: See Remarks 333 CLAY STREET, #4980, HOUSTON TX 77002
Peter Mccann officer: Sr. Vice President, Australia 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Jagdish Grewal director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77065
Michael Montelongo director 203 EAST MAIN STREET, SPARTANBURG SC 29319
Bradley J Dodson director, officer: President, CEO, and Director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Barclay Brewer officer: Vice President and Controller 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Ronald Gilbertson director 333 CLAY STREET, HOUSTON TX 77002
Tammy Torgerson 10 percent owner 596 MCCLURE ROAD, KELOWNA A1 V1W 1H3
Torgerson Family Trust 10 percent owner 596 MCCLURE ROAD, KELOWNA A1 V1W 1H3
Timothy O Wall director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Frank Steininger officer: See Remarks 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Mike Ridley officer: See Remarks 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002