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Side-by-side financial comparison of CNO Financial Group, Inc. (CNO) and OCEANEERING INTERNATIONAL INC (OII). Click either name above to swap in a different company.

CNO Financial Group, Inc. is the larger business by last-quarter revenue ($1.1B vs $692.4M, roughly 1.7× OCEANEERING INTERNATIONAL INC). CNO Financial Group, Inc. runs the higher net margin — 8.8% vs 5.2%, a 3.6% gap on every dollar of revenue. On growth, CNO Financial Group, Inc. posted the faster year-over-year revenue change (4.2% vs 3.6%). Over the past eight quarters, OCEANEERING INTERNATIONAL INC's revenue compounded faster (1.8% CAGR vs -0.6%).

CNO Financial Group, Inc., formerly Conseco, Inc., is an American financial services holding company based in Carmel, Indiana. Its insurance subsidiaries provide life insurance, annuity and supplemental health insurance products to more than four million customers in the United States. These products are distributed through independent agents, career agents and direct to customers through television advertising and direct mail.

Oceaneering International, Inc. is a subsea engineering and applied technology company based in Houston, Texas, U.S. that provides engineered services and hardware to customers who operate in marine, space, and other environments.

CNO vs OII — Head-to-Head

Bigger by revenue
CNO
CNO
1.7× larger
CNO
$1.1B
$692.4M
OII
Growing faster (revenue YoY)
CNO
CNO
+0.6% gap
CNO
4.2%
3.6%
OII
Higher net margin
CNO
CNO
3.6% more per $
CNO
8.8%
5.2%
OII
Faster 2-yr revenue CAGR
OII
OII
Annualised
OII
1.8%
-0.6%
CNO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CNO
CNO
OII
OII
Revenue
$1.1B
$692.4M
Net Profit
$100.7M
$36.1M
Gross Margin
Operating Margin
15.2%
Net Margin
8.8%
5.2%
Revenue YoY
4.2%
3.6%
Net Profit YoY
-39.4%
-28.3%
EPS (diluted)
$1.02
$0.36

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CNO
CNO
OII
OII
Q1 26
$692.4M
Q4 25
$1.1B
$668.6M
Q3 25
$1.2B
$742.9M
Q2 25
$1.2B
$698.2M
Q1 25
$1.0B
$674.5M
Q4 24
$1.1B
$713.5M
Q3 24
$1.1B
$679.8M
Q2 24
$1.1B
$668.8M
Net Profit
CNO
CNO
OII
OII
Q1 26
$36.1M
Q4 25
$100.7M
$177.7M
Q3 25
$23.1M
$71.3M
Q2 25
$91.8M
$54.4M
Q1 25
$13.7M
$50.4M
Q4 24
$166.1M
$56.1M
Q3 24
$9.3M
$41.2M
Q2 24
$116.3M
$35.0M
Gross Margin
CNO
CNO
OII
OII
Q1 26
Q4 25
19.8%
Q3 25
20.6%
Q2 25
21.3%
Q1 25
20.0%
Q4 24
19.9%
Q3 24
19.3%
Q2 24
18.0%
Operating Margin
CNO
CNO
OII
OII
Q1 26
Q4 25
15.2%
9.8%
Q3 25
13.7%
11.6%
Q2 25
9.8%
11.3%
Q1 25
10.4%
10.9%
Q4 24
15.8%
10.9%
Q3 24
13.6%
10.5%
Q2 24
13.9%
9.0%
Net Margin
CNO
CNO
OII
OII
Q1 26
5.2%
Q4 25
8.8%
26.6%
Q3 25
1.9%
9.6%
Q2 25
8.0%
7.8%
Q1 25
1.4%
7.5%
Q4 24
15.1%
7.9%
Q3 24
0.8%
6.1%
Q2 24
10.9%
5.2%
EPS (diluted)
CNO
CNO
OII
OII
Q1 26
$0.36
Q4 25
$1.02
$1.75
Q3 25
$0.24
$0.71
Q2 25
$0.91
$0.54
Q1 25
$0.13
$0.49
Q4 24
$1.58
$0.55
Q3 24
$0.09
$0.40
Q2 24
$1.06
$0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CNO
CNO
OII
OII
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$488.8M
Stockholders' EquityBook value
$2.6B
$1.1B
Total Assets
$38.8B
$2.6B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNO
CNO
OII
OII
Q1 26
Q4 25
$695.9M
Q3 25
$7.0M
Q2 25
$7.0M
Q1 25
$7.0M
Q4 24
$504.5M
Q3 24
Q2 24
Total Debt
CNO
CNO
OII
OII
Q1 26
$488.8M
Q4 25
$487.4M
Q3 25
Q2 25
Q1 25
Q4 24
$482.0M
Q3 24
Q2 24
Stockholders' Equity
CNO
CNO
OII
OII
Q1 26
$1.1B
Q4 25
$2.6B
$1.1B
Q3 25
$2.6B
$907.7M
Q2 25
$2.5B
$842.1M
Q1 25
$2.5B
$773.1M
Q4 24
$2.5B
$714.3M
Q3 24
$2.7B
$698.0M
Q2 24
$2.4B
$651.0M
Total Assets
CNO
CNO
OII
OII
Q1 26
$2.6B
Q4 25
$38.8B
$2.7B
Q3 25
$38.3B
$2.5B
Q2 25
$37.3B
$2.3B
Q1 25
$37.4B
$2.3B
Q4 24
$37.9B
$2.3B
Q3 24
$37.6B
$2.4B
Q2 24
$36.3B
$2.3B
Debt / Equity
CNO
CNO
OII
OII
Q1 26
0.44×
Q4 25
0.46×
Q3 25
Q2 25
Q1 25
Q4 24
0.67×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNO
CNO
OII
OII
Operating Cash FlowLast quarter
$195.7M
Free Cash FlowOCF − Capex
$-76.5M
FCF MarginFCF / Revenue
-11.1%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
1.94×
TTM Free Cash FlowTrailing 4 quarters
$238.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNO
CNO
OII
OII
Q1 26
Q4 25
$195.7M
$221.1M
Q3 25
$197.8M
$101.3M
Q2 25
$145.5M
$77.2M
Q1 25
$136.7M
$-80.7M
Q4 24
$191.0M
$128.4M
Q3 24
$231.2M
$91.9M
Q2 24
$110.9M
$52.6M
Free Cash Flow
CNO
CNO
OII
OII
Q1 26
$-76.5M
Q4 25
$190.7M
Q3 25
$77.0M
Q2 25
$46.9M
Q1 25
$-106.8M
Q4 24
$94.5M
Q3 24
$67.0M
Q2 24
$29.8M
FCF Margin
CNO
CNO
OII
OII
Q1 26
-11.1%
Q4 25
28.5%
Q3 25
10.4%
Q2 25
6.7%
Q1 25
-15.8%
Q4 24
13.2%
Q3 24
9.9%
Q2 24
4.5%
Capex Intensity
CNO
CNO
OII
OII
Q1 26
2.5%
Q4 25
4.6%
Q3 25
3.3%
Q2 25
4.3%
Q1 25
3.9%
Q4 24
4.7%
Q3 24
3.7%
Q2 24
3.4%
Cash Conversion
CNO
CNO
OII
OII
Q1 26
Q4 25
1.94×
1.24×
Q3 25
8.56×
1.42×
Q2 25
1.58×
1.42×
Q1 25
9.98×
-1.60×
Q4 24
1.15×
2.29×
Q3 24
24.86×
2.23×
Q2 24
0.95×
1.50×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CNO
CNO

Health Insurance Product Line$496.4M43%
Life Insurance Segment$268.8M24%
Other$207.2M18%
Life And Annuity Insurance Product Line$170.7M15%

OII
OII

Segment breakdown not available.

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