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Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and OCEANEERING INTERNATIONAL INC (OII). Click either name above to swap in a different company.
ENERGIZER HOLDINGS, INC. is the larger business by last-quarter revenue ($778.9M vs $692.4M, roughly 1.1× OCEANEERING INTERNATIONAL INC). OCEANEERING INTERNATIONAL INC runs the higher net margin — 5.2% vs -0.4%, a 5.7% gap on every dollar of revenue. On growth, ENERGIZER HOLDINGS, INC. posted the faster year-over-year revenue change (6.5% vs 3.6%). ENERGIZER HOLDINGS, INC. produced more free cash flow last quarter ($124.2M vs $-76.5M). Over the past eight quarters, ENERGIZER HOLDINGS, INC.'s revenue compounded faster (8.4% CAGR vs 1.8%).
Energizer Holdings, Inc. is an American manufacturer and one of the world's largest manufacturers of batteries, headquartered in Clayton, Missouri. It produces batteries under the Energizer, Ray-O-Vac, Varta, and Eveready brand names and formerly owned several personal care businesses until it separated that side of the business into a new company called Edgewell Personal Care in 2015.
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.
ENR vs OII — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $778.9M | $692.4M |
| Net Profit | $-3.4M | $36.1M |
| Gross Margin | 32.9% | — |
| Operating Margin | -0.6% | — |
| Net Margin | -0.4% | 5.2% |
| Revenue YoY | 6.5% | 3.6% |
| Net Profit YoY | -115.2% | -28.3% |
| EPS (diluted) | — | $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.
| Q1 26 | — | $692.4M | ||
| Q4 25 | $778.9M | $668.6M | ||
| Q3 25 | $832.8M | $742.9M | ||
| Q2 25 | $725.3M | $698.2M | ||
| Q1 25 | $662.9M | $674.5M | ||
| Q4 24 | $731.7M | $713.5M | ||
| Q3 24 | $805.7M | $679.8M | ||
| Q2 24 | $701.4M | $668.8M |
| Q1 26 | — | $36.1M | ||
| Q4 25 | $-3.4M | $177.7M | ||
| Q3 25 | $34.9M | $71.3M | ||
| Q2 25 | $153.5M | $54.4M | ||
| Q1 25 | $28.3M | $50.4M | ||
| Q4 24 | $22.3M | $56.1M | ||
| Q3 24 | $47.6M | $41.2M | ||
| Q2 24 | $-43.8M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | 32.9% | 19.8% | ||
| Q3 25 | 36.6% | 20.6% | ||
| Q2 25 | 55.1% | 21.3% | ||
| Q1 25 | 39.1% | 20.0% | ||
| Q4 24 | 36.8% | 19.9% | ||
| Q3 24 | 38.1% | 19.3% | ||
| Q2 24 | 39.5% | 18.0% |
| Q1 26 | — | — | ||
| Q4 25 | -0.6% | 9.8% | ||
| Q3 25 | 6.4% | 11.6% | ||
| Q2 25 | 22.6% | 11.3% | ||
| Q1 25 | 5.5% | 10.9% | ||
| Q4 24 | 4.1% | 10.9% | ||
| Q3 24 | 7.4% | 10.5% | ||
| Q2 24 | -8.2% | 9.0% |
| Q1 26 | — | 5.2% | ||
| Q4 25 | -0.4% | 26.6% | ||
| Q3 25 | 4.2% | 9.6% | ||
| Q2 25 | 21.2% | 7.8% | ||
| Q1 25 | 4.3% | 7.5% | ||
| Q4 24 | 3.0% | 7.9% | ||
| Q3 24 | 5.9% | 6.1% | ||
| Q2 24 | -6.2% | 5.2% |
| Q1 26 | — | $0.36 | ||
| Q4 25 | — | $1.75 | ||
| Q3 25 | — | $0.71 | ||
| Q2 25 | — | $0.54 | ||
| Q1 25 | — | $0.49 | ||
| Q4 24 | — | $0.55 | ||
| Q3 24 | — | $0.40 | ||
| Q2 24 | — | $0.34 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $214.8M | — |
| Total DebtLower is stronger | — | $488.8M |
| Stockholders' EquityBook value | $141.3M | $1.1B |
| Total Assets | $4.4B | $2.6B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $214.8M | $695.9M | ||
| Q3 25 | $236.2M | $7.0M | ||
| Q2 25 | $171.1M | $7.0M | ||
| Q1 25 | $139.3M | $7.0M | ||
| Q4 24 | $195.9M | $504.5M | ||
| Q3 24 | $216.9M | — | ||
| Q2 24 | $146.7M | — |
| Q1 26 | — | $488.8M | ||
| Q4 25 | — | $487.4M | ||
| Q3 25 | $3.4B | — | ||
| Q2 25 | $3.2B | — | ||
| Q1 25 | $3.2B | — | ||
| Q4 24 | $3.1B | $482.0M | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.2B | — |
| Q1 26 | — | $1.1B | ||
| Q4 25 | $141.3M | $1.1B | ||
| Q3 25 | $169.9M | $907.7M | ||
| Q2 25 | $183.2M | $842.1M | ||
| Q1 25 | $133.9M | $773.1M | ||
| Q4 24 | $140.6M | $714.3M | ||
| Q3 24 | $135.8M | $698.0M | ||
| Q2 24 | $123.4M | $651.0M |
| Q1 26 | — | $2.6B | ||
| Q4 25 | $4.4B | $2.7B | ||
| Q3 25 | $4.6B | $2.5B | ||
| Q2 25 | $4.5B | $2.3B | ||
| Q1 25 | $4.2B | $2.3B | ||
| Q4 24 | $4.2B | $2.3B | ||
| Q3 24 | $4.3B | $2.4B | ||
| Q2 24 | $4.2B | $2.3B |
| Q1 26 | — | 0.44× | ||
| Q4 25 | — | 0.46× | ||
| Q3 25 | 20.28× | — | ||
| Q2 25 | 17.57× | — | ||
| Q1 25 | 23.56× | — | ||
| Q4 24 | 22.17× | 0.67× | ||
| Q3 24 | 23.51× | — | ||
| Q2 24 | 26.04× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $149.5M | — |
| Free Cash FlowOCF − Capex | $124.2M | $-76.5M |
| FCF MarginFCF / Revenue | 15.9% | -11.1% |
| Capex IntensityCapex / Revenue | 3.2% | 2.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $145.0M | $238.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $149.5M | $221.1M | ||
| Q3 25 | $61.5M | $101.3M | ||
| Q2 25 | $21.4M | $77.2M | ||
| Q1 25 | $-12.8M | $-80.7M | ||
| Q4 24 | $77.0M | $128.4M | ||
| Q3 24 | $168.9M | $91.9M | ||
| Q2 24 | $45.8M | $52.6M |
| Q1 26 | — | $-76.5M | ||
| Q4 25 | $124.2M | $190.7M | ||
| Q3 25 | $46.7M | $77.0M | ||
| Q2 25 | $7.9M | $46.9M | ||
| Q1 25 | $-33.8M | $-106.8M | ||
| Q4 24 | $42.4M | $94.5M | ||
| Q3 24 | $141.5M | $67.0M | ||
| Q2 24 | $27.3M | $29.8M |
| Q1 26 | — | -11.1% | ||
| Q4 25 | 15.9% | 28.5% | ||
| Q3 25 | 5.6% | 10.4% | ||
| Q2 25 | 1.1% | 6.7% | ||
| Q1 25 | -5.1% | -15.8% | ||
| Q4 24 | 5.8% | 13.2% | ||
| Q3 24 | 17.6% | 9.9% | ||
| Q2 24 | 3.9% | 4.5% |
| Q1 26 | — | 2.5% | ||
| Q4 25 | 3.2% | 4.6% | ||
| Q3 25 | 1.8% | 3.3% | ||
| Q2 25 | 1.9% | 4.3% | ||
| Q1 25 | 3.2% | 3.9% | ||
| Q4 24 | 4.7% | 4.7% | ||
| Q3 24 | 3.4% | 3.7% | ||
| Q2 24 | 2.6% | 3.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.24× | ||
| Q3 25 | 1.76× | 1.42× | ||
| Q2 25 | 0.14× | 1.42× | ||
| Q1 25 | -0.45× | -1.60× | ||
| Q4 24 | 3.45× | 2.29× | ||
| Q3 24 | 3.55× | 2.23× | ||
| Q2 24 | — | 1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ENR
| Alkaline Batteries | $666.5M | 86% |
| Auto Care | $93.7M | 12% |
| Lights | $18.7M | 2% |
OII
Segment breakdown not available.