vs
Side-by-side financial comparison of GRACO INC (GGG) and OCEANEERING INTERNATIONAL INC (OII). Click either name above to swap in a different company.
OCEANEERING INTERNATIONAL INC is the larger business by last-quarter revenue ($692.4M vs $593.2M, roughly 1.2× GRACO INC). GRACO INC runs the higher net margin — 22.3% vs 5.2%, a 17.1% gap on every dollar of revenue. On growth, GRACO INC posted the faster year-over-year revenue change (8.1% vs 3.6%). GRACO INC produced more free cash flow last quarter ($184.3M vs $-76.5M). Over the past eight quarters, GRACO INC's revenue compounded faster (9.8% CAGR vs 1.8%).
Graco Inc. is an American industrial company that specializes in the development and manufacturing of fluid-handling systems and products. The company is headquartered in Minneapolis, Minnesota, and markets its products to customers worldwide.
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.
GGG vs OII — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $593.2M | $692.4M |
| Net Profit | $132.5M | $36.1M |
| Gross Margin | 51.7% | — |
| Operating Margin | 26.7% | — |
| Net Margin | 22.3% | 5.2% |
| Revenue YoY | 8.1% | 3.6% |
| Net Profit YoY | 21.9% | -28.3% |
| EPS (diluted) | $0.78 | $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 | $593.2M | $668.6M | ||
| Q3 25 | $543.4M | $742.9M | ||
| Q2 25 | $571.8M | $698.2M | ||
| Q1 25 | $528.3M | $674.5M | ||
| Q4 24 | $548.7M | $713.5M | ||
| Q3 24 | $519.2M | $679.8M | ||
| Q2 24 | $553.2M | $668.8M |
| Q1 26 | — | $36.1M | ||
| Q4 25 | $132.5M | $177.7M | ||
| Q3 25 | $137.6M | $71.3M | ||
| Q2 25 | $127.6M | $54.4M | ||
| Q1 25 | $124.1M | $50.4M | ||
| Q4 24 | $108.7M | $56.1M | ||
| Q3 24 | $122.2M | $41.2M | ||
| Q2 24 | $133.0M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | 51.7% | 19.8% | ||
| Q3 25 | 53.2% | 20.6% | ||
| Q2 25 | 52.4% | 21.3% | ||
| Q1 25 | 52.6% | 20.0% | ||
| Q4 24 | 50.9% | 19.9% | ||
| Q3 24 | 53.2% | 19.3% | ||
| Q2 24 | 54.4% | 18.0% |
| Q1 26 | — | — | ||
| Q4 25 | 26.7% | 9.8% | ||
| Q3 25 | 30.3% | 11.6% | ||
| Q2 25 | 27.5% | 11.3% | ||
| Q1 25 | 27.3% | 10.9% | ||
| Q4 24 | 23.7% | 10.9% | ||
| Q3 24 | 28.1% | 10.5% | ||
| Q2 24 | 29.2% | 9.0% |
| Q1 26 | — | 5.2% | ||
| Q4 25 | 22.3% | 26.6% | ||
| Q3 25 | 25.3% | 9.6% | ||
| Q2 25 | 22.3% | 7.8% | ||
| Q1 25 | 23.5% | 7.5% | ||
| Q4 24 | 19.8% | 7.9% | ||
| Q3 24 | 23.5% | 6.1% | ||
| Q2 24 | 24.0% | 5.2% |
| Q1 26 | — | $0.36 | ||
| Q4 25 | $0.78 | $1.75 | ||
| Q3 25 | $0.82 | $0.71 | ||
| Q2 25 | $0.76 | $0.54 | ||
| Q1 25 | $0.72 | $0.49 | ||
| Q4 24 | $0.63 | $0.55 | ||
| Q3 24 | $0.71 | $0.40 | ||
| Q2 24 | $0.77 | $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 | $624.1M | — |
| Total DebtLower is stronger | — | $488.8M |
| Stockholders' EquityBook value | $2.7B | $1.1B |
| Total Assets | $3.3B | $2.6B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $624.1M | $695.9M | ||
| Q3 25 | $618.7M | $7.0M | ||
| Q2 25 | $534.9M | $7.0M | ||
| Q1 25 | $536.1M | $7.0M | ||
| Q4 24 | $675.3M | $504.5M | ||
| Q3 24 | $764.5M | — | ||
| Q2 24 | $666.0M | — |
| Q1 26 | — | $488.8M | ||
| Q4 25 | — | $487.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $482.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.1B | ||
| Q4 25 | $2.7B | $1.1B | ||
| Q3 25 | $2.6B | $907.7M | ||
| Q2 25 | $2.5B | $842.1M | ||
| Q1 25 | $2.5B | $773.1M | ||
| Q4 24 | $2.6B | $714.3M | ||
| Q3 24 | $2.5B | $698.0M | ||
| Q2 24 | $2.4B | $651.0M |
| Q1 26 | — | $2.6B | ||
| Q4 25 | $3.3B | $2.7B | ||
| Q3 25 | $3.2B | $2.5B | ||
| Q2 25 | $3.0B | $2.3B | ||
| Q1 25 | $3.0B | $2.3B | ||
| Q4 24 | $3.1B | $2.3B | ||
| Q3 24 | $3.0B | $2.4B | ||
| Q2 24 | $2.9B | $2.3B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $196.3M | — |
| Free Cash FlowOCF − Capex | $184.3M | $-76.5M |
| FCF MarginFCF / Revenue | 31.1% | -11.1% |
| Capex IntensityCapex / Revenue | 2.0% | 2.5% |
| Cash ConversionOCF / Net Profit | 1.48× | — |
| TTM Free Cash FlowTrailing 4 quarters | $637.9M | $238.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $196.3M | $221.1M | ||
| Q3 25 | $179.2M | $101.3M | ||
| Q2 25 | $182.7M | $77.2M | ||
| Q1 25 | $125.4M | $-80.7M | ||
| Q4 24 | $185.2M | $128.4M | ||
| Q3 24 | $178.6M | $91.9M | ||
| Q2 24 | $139.0M | $52.6M |
| Q1 26 | — | $-76.5M | ||
| Q4 25 | $184.3M | $190.7M | ||
| Q3 25 | $175.7M | $77.0M | ||
| Q2 25 | $163.1M | $46.9M | ||
| Q1 25 | $114.8M | $-106.8M | ||
| Q4 24 | $171.3M | $94.5M | ||
| Q3 24 | $159.2M | $67.0M | ||
| Q2 24 | $102.7M | $29.8M |
| Q1 26 | — | -11.1% | ||
| Q4 25 | 31.1% | 28.5% | ||
| Q3 25 | 32.3% | 10.4% | ||
| Q2 25 | 28.5% | 6.7% | ||
| Q1 25 | 21.7% | -15.8% | ||
| Q4 24 | 31.2% | 13.2% | ||
| Q3 24 | 30.7% | 9.9% | ||
| Q2 24 | 18.6% | 4.5% |
| Q1 26 | — | 2.5% | ||
| Q4 25 | 2.0% | 4.6% | ||
| Q3 25 | 0.6% | 3.3% | ||
| Q2 25 | 3.4% | 4.3% | ||
| Q1 25 | 2.0% | 3.9% | ||
| Q4 24 | 2.5% | 4.7% | ||
| Q3 24 | 3.7% | 3.7% | ||
| Q2 24 | 6.6% | 3.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.48× | 1.24× | ||
| Q3 25 | 1.30× | 1.42× | ||
| Q2 25 | 1.43× | 1.42× | ||
| Q1 25 | 1.01× | -1.60× | ||
| Q4 24 | 1.70× | 2.29× | ||
| Q3 24 | 1.46× | 2.23× | ||
| Q2 24 | 1.05× | 1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GGG
| Industrial | $284.3M | 48% |
| Contractor | $265.5M | 45% |
| Other | $43.4M | 7% |
OII
Segment breakdown not available.
