Civeo (CVEO) Gross Margin (2013 - 2026)
Civeo (CVEO) posted Gross Margin of 23.0% for Q2 2026, down 1.11% on a QoQ basis from 23.26% in Q1 2026, and down 230.0% year-over-year from 17.69% in Q2 2025.
Analysis
Civeo (CVEO) Gross Margin (2013 - 2026) Analysis & Trends
Civeo has reported Gross Margin for 14 years, with the latest figure at 23.0% in Q2 2026.
- On a quarterly basis, Gross Margin fell 230.0% year-over-year to 23.0% in Q2 2026; TTM through Jun 2026 was 23.67%, a 214.0% increase from a year earlier, with the FY2025 full-year figure at 23.65%, up 174.0% from the prior year.
- Gross Margin was 23.0% for Q2 2026 at Civeo, down from 23.26% in the prior quarter.
- The five-year high for Gross Margin was 32.78% in Q2 2022, with the low at 11.25% in Q4 2022.
- Average Gross Margin over 5 years is 23.65%, with a median of 23.13% recorded in 2026.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 1779 bps in 2022, then surged 951 bps in 2023.
- Over 5 years, Gross Margin stood at 11.25% in 2022, then soared by 85 bps to 20.76% in 2023, then declined by 10 bps to 18.62% in 2024, then advanced by 22 bps to 22.71% in 2025, then rose by 1 bps to 23.0% in 2026.
- The last three Gross Margin figures came in at 23.0% (Q2 2026), 23.26% (Q1 2026), and 22.71% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.22 Bn | 79.93 Bn | 1.48 Bn | 50.95% |
| 2 | Iron Mountain | 34.79 Bn | 34.91 Bn | 1.07 Bn | 52.76% |
| 3 | APi | 17.30 Bn | 16.45 Bn | 703.00 Mn | 31.19% |
| 4 | Rollins | 17.25 Bn | 17.14 Bn | 569.95 Mn | 52.84% |
| 5 | Aramark | 14.96 Bn | 14.53 Bn | 430.34 Mn | 8.51% |
| 6 | FirstService | 6.59 Bn | 6.92 Bn | 480.66 Mn | 33.17% |
| 7 | Unifirst | 4.98 Bn | 4.81 Bn | 234.73 Mn | 37.00% |
| 8 | Geo | 4.20 Bn | 3.95 Bn | - | - |
| 9 | CoreCivic | 3.43 Bn | 3.32 Bn | - | - |
| 10 | Civeo | 374.89 Mn | 354.29 Mn | 41.41 Mn | 23.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.00% |
| Mar 31, 2026 | 23.26% |
| Dec 31, 2025 | 22.71% |
| Sep 30, 2025 | 25.68% |
| Jun 30, 2025 | 25.30% |
| Mar 31, 2025 | 20.43% |
| Dec 31, 2024 | 18.62% |
| Sep 30, 2024 | 21.43% |
| Jun 30, 2024 | 25.37% |
| Mar 31, 2024 | 21.48% |
| Dec 31, 2023 | 20.76% |
| Sep 30, 2023 | 29.08% |
| Jun 30, 2023 | 26.57% |
| Mar 31, 2023 | 20.41% |
| Dec 31, 2022 | 11.25% |
| Sep 30, 2022 | 30.54% |
| Jun 30, 2022 | 32.78% |
| Mar 31, 2022 | 27.06% |
| Dec 31, 2021 | 29.05% |
| Sep 30, 2021 | 30.81% |