vs
Side-by-side financial comparison of WARRIOR MET COAL, INC. (HCC) 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 $384.0M, roughly 1.8× WARRIOR MET COAL, INC.). WARRIOR MET COAL, INC. runs the higher net margin — 6.0% vs 5.2%, a 0.8% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (29.1% vs 3.6%). Over the past eight quarters, OCEANEERING INTERNATIONAL INC's revenue compounded faster (1.8% CAGR vs -12.7%).
Warrior Met Coal, Inc. (ticker HCC) is a U.S.-headquartered mining enterprise that produces and distributes high-grade metallurgical coal, a key raw material for steel production. It serves steel manufacturers and industrial clients across core markets including North America, Europe, and Asia.
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.
HCC vs OII — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $384.0M | $692.4M |
| Net Profit | $23.0M | $36.1M |
| Gross Margin | 29.5% | — |
| Operating Margin | 9.0% | — |
| Net Margin | 6.0% | 5.2% |
| Revenue YoY | 29.1% | 3.6% |
| Net Profit YoY | 1919.5% | -28.3% |
| EPS (diluted) | $0.43 | $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 | $384.0M | $668.6M | ||
| Q3 25 | $328.6M | $742.9M | ||
| Q2 25 | $297.5M | $698.2M | ||
| Q1 25 | $299.9M | $674.5M | ||
| Q4 24 | $297.5M | $713.5M | ||
| Q3 24 | $327.7M | $679.8M | ||
| Q2 24 | $396.5M | $668.8M |
| Q1 26 | — | $36.1M | ||
| Q4 25 | $23.0M | $177.7M | ||
| Q3 25 | $36.6M | $71.3M | ||
| Q2 25 | $5.6M | $54.4M | ||
| Q1 25 | $-8.2M | $50.4M | ||
| Q4 24 | $1.1M | $56.1M | ||
| Q3 24 | $41.8M | $41.2M | ||
| Q2 24 | $70.7M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | 29.5% | 19.8% | ||
| Q3 25 | 27.1% | 20.6% | ||
| Q2 25 | 23.9% | 21.3% | ||
| Q1 25 | 18.1% | 20.0% | ||
| Q4 24 | 23.1% | 19.9% | ||
| Q3 24 | 29.3% | 19.3% | ||
| Q2 24 | 34.1% | 18.0% |
| Q1 26 | — | — | ||
| Q4 25 | 9.0% | 9.8% | ||
| Q3 25 | 6.3% | 11.6% | ||
| Q2 25 | 2.6% | 11.3% | ||
| Q1 25 | -5.8% | 10.9% | ||
| Q4 24 | -1.4% | 10.9% | ||
| Q3 24 | 11.9% | 10.5% | ||
| Q2 24 | 17.9% | 9.0% |
| Q1 26 | — | 5.2% | ||
| Q4 25 | 6.0% | 26.6% | ||
| Q3 25 | 11.1% | 9.6% | ||
| Q2 25 | 1.9% | 7.8% | ||
| Q1 25 | -2.7% | 7.5% | ||
| Q4 24 | 0.4% | 7.9% | ||
| Q3 24 | 12.7% | 6.1% | ||
| Q2 24 | 17.8% | 5.2% |
| Q1 26 | — | $0.36 | ||
| Q4 25 | $0.43 | $1.75 | ||
| Q3 25 | $0.70 | $0.71 | ||
| Q2 25 | $0.11 | $0.54 | ||
| Q1 25 | $-0.16 | $0.49 | ||
| Q4 24 | $0.02 | $0.55 | ||
| Q3 24 | $0.80 | $0.40 | ||
| Q2 24 | $1.35 | $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 | $300.0M | — |
| Total DebtLower is stronger | $154.3M | $488.8M |
| Stockholders' EquityBook value | $2.1B | $1.1B |
| Total Assets | $2.8B | $2.6B |
| Debt / EquityLower = less leverage | 0.07× | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $300.0M | $695.9M | ||
| Q3 25 | $336.3M | $7.0M | ||
| Q2 25 | $383.3M | $7.0M | ||
| Q1 25 | $454.9M | $7.0M | ||
| Q4 24 | $491.5M | $504.5M | ||
| Q3 24 | $583.2M | — | ||
| Q2 24 | $709.0M | — |
| Q1 26 | — | $488.8M | ||
| Q4 25 | $154.3M | $487.4M | ||
| Q3 25 | $154.1M | — | ||
| Q2 25 | $153.9M | — | ||
| Q1 25 | $153.8M | — | ||
| Q4 24 | $153.6M | $482.0M | ||
| Q3 24 | $153.5M | — | ||
| Q2 24 | $153.3M | — |
| Q1 26 | — | $1.1B | ||
| Q4 25 | $2.1B | $1.1B | ||
| Q3 25 | $2.1B | $907.7M | ||
| Q2 25 | $2.1B | $842.1M | ||
| Q1 25 | $2.1B | $773.1M | ||
| Q4 24 | $2.1B | $714.3M | ||
| Q3 24 | $2.1B | $698.0M | ||
| Q2 24 | $2.0B | $651.0M |
| Q1 26 | — | $2.6B | ||
| Q4 25 | $2.8B | $2.7B | ||
| Q3 25 | $2.7B | $2.5B | ||
| Q2 25 | $2.6B | $2.3B | ||
| Q1 25 | $2.6B | $2.3B | ||
| Q4 24 | $2.6B | $2.3B | ||
| Q3 24 | $2.6B | $2.4B | ||
| Q2 24 | $2.6B | $2.3B |
| Q1 26 | — | 0.44× | ||
| Q4 25 | 0.07× | 0.46× | ||
| Q3 25 | 0.07× | — | ||
| Q2 25 | 0.07× | — | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.07× | 0.67× | ||
| Q3 24 | 0.07× | — | ||
| Q2 24 | 0.07× | — |
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 | $76.1M | — |
| Free Cash FlowOCF − Capex | — | $-76.5M |
| FCF MarginFCF / Revenue | — | -11.1% |
| Capex IntensityCapex / Revenue | — | 2.5% |
| Cash ConversionOCF / Net Profit | 3.31× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $238.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $76.1M | $221.1M | ||
| Q3 25 | $104.7M | $101.3M | ||
| Q2 25 | $37.5M | $77.2M | ||
| Q1 25 | $10.9M | $-80.7M | ||
| Q4 24 | $54.2M | $128.4M | ||
| Q3 24 | $62.2M | $91.9M | ||
| Q2 24 | $147.0M | $52.6M |
| 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 |
| 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% |
| 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% |
| Q1 26 | — | — | ||
| Q4 25 | 3.31× | 1.24× | ||
| Q3 25 | 2.86× | 1.42× | ||
| Q2 25 | 6.70× | 1.42× | ||
| Q1 25 | — | -1.60× | ||
| Q4 24 | 47.68× | 2.29× | ||
| Q3 24 | 1.49× | 2.23× | ||
| Q2 24 | 2.08× | 1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HCC
| Mining Segment | $373.6M | 97% |
| Other | $10.4M | 3% |
OII
Segment breakdown not available.
