vs

Side-by-side financial comparison of INNOSPEC INC. (IOSP) 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 $455.6M, roughly 1.5× INNOSPEC INC.). INNOSPEC INC. runs the higher net margin — 10.4% vs 5.2%, a 5.2% gap on every dollar of revenue. On growth, OCEANEERING INTERNATIONAL INC posted the faster year-over-year revenue change (3.6% vs -2.4%). INNOSPEC INC. produced more free cash flow last quarter ($46.8M vs $-76.5M). Over the past eight quarters, OCEANEERING INTERNATIONAL INC's revenue compounded faster (1.8% CAGR vs -4.6%).

Innospec Inc., formerly known as Octel Corporation and Associated Octel Company, Ltd., is an American specialty chemical company. It comprises three business units:The Performance Chemicals business trades in the personal care, home care, agrochemical, mining and industrial markets. The Fuel Specialties business specializes in manufacturing and supplying fuel additives. The Oilfield Services business supplies drilling, completion and production chemicals.

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.

IOSP vs OII — Head-to-Head

Bigger by revenue
OII
OII
1.5× larger
OII
$692.4M
$455.6M
IOSP
Growing faster (revenue YoY)
OII
OII
+6.0% gap
OII
3.6%
-2.4%
IOSP
Higher net margin
IOSP
IOSP
5.2% more per $
IOSP
10.4%
5.2%
OII
More free cash flow
IOSP
IOSP
$123.3M more FCF
IOSP
$46.8M
$-76.5M
OII
Faster 2-yr revenue CAGR
OII
OII
Annualised
OII
1.8%
-4.6%
IOSP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IOSP
IOSP
OII
OII
Revenue
$455.6M
$692.4M
Net Profit
$47.4M
$36.1M
Gross Margin
28.0%
Operating Margin
10.3%
Net Margin
10.4%
5.2%
Revenue YoY
-2.4%
3.6%
Net Profit YoY
167.3%
-28.3%
EPS (diluted)
$1.90
$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
IOSP
IOSP
OII
OII
Q1 26
$692.4M
Q4 25
$455.6M
$668.6M
Q3 25
$441.9M
$742.9M
Q2 25
$439.7M
$698.2M
Q1 25
$440.8M
$674.5M
Q4 24
$466.8M
$713.5M
Q3 24
$443.4M
$679.8M
Q2 24
$435.0M
$668.8M
Net Profit
IOSP
IOSP
OII
OII
Q1 26
$36.1M
Q4 25
$47.4M
$177.7M
Q3 25
$12.9M
$71.3M
Q2 25
$23.5M
$54.4M
Q1 25
$32.8M
$50.4M
Q4 24
$-70.4M
$56.1M
Q3 24
$33.4M
$41.2M
Q2 24
$31.2M
$35.0M
Gross Margin
IOSP
IOSP
OII
OII
Q1 26
Q4 25
28.0%
19.8%
Q3 25
26.4%
20.6%
Q2 25
28.0%
21.3%
Q1 25
28.4%
20.0%
Q4 24
29.2%
19.9%
Q3 24
28.0%
19.3%
Q2 24
29.2%
18.0%
Operating Margin
IOSP
IOSP
OII
OII
Q1 26
Q4 25
10.3%
9.8%
Q3 25
1.3%
11.6%
Q2 25
7.8%
11.3%
Q1 25
9.6%
10.9%
Q4 24
8.8%
10.9%
Q3 24
10.3%
10.5%
Q2 24
9.4%
9.0%
Net Margin
IOSP
IOSP
OII
OII
Q1 26
5.2%
Q4 25
10.4%
26.6%
Q3 25
2.9%
9.6%
Q2 25
5.3%
7.8%
Q1 25
7.4%
7.5%
Q4 24
-15.1%
7.9%
Q3 24
7.5%
6.1%
Q2 24
7.2%
5.2%
EPS (diluted)
IOSP
IOSP
OII
OII
Q1 26
$0.36
Q4 25
$1.90
$1.75
Q3 25
$0.52
$0.71
Q2 25
$0.94
$0.54
Q1 25
$1.31
$0.49
Q4 24
$-2.80
$0.55
Q3 24
$1.33
$0.40
Q2 24
$1.24
$0.34

Balance Sheet & Financial Strength

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

Metric
IOSP
IOSP
OII
OII
Cash + ST InvestmentsLiquidity on hand
$292.5M
Total DebtLower is stronger
$488.8M
Stockholders' EquityBook value
$1.3B
$1.1B
Total Assets
$1.8B
$2.6B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IOSP
IOSP
OII
OII
Q1 26
Q4 25
$292.5M
$695.9M
Q3 25
$270.8M
$7.0M
Q2 25
$266.6M
$7.0M
Q1 25
$299.8M
$7.0M
Q4 24
$289.2M
$504.5M
Q3 24
$303.8M
Q2 24
$240.2M
Total Debt
IOSP
IOSP
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
IOSP
IOSP
OII
OII
Q1 26
$1.1B
Q4 25
$1.3B
$1.1B
Q3 25
$1.3B
$907.7M
Q2 25
$1.3B
$842.1M
Q1 25
$1.3B
$773.1M
Q4 24
$1.2B
$714.3M
Q3 24
$1.2B
$698.0M
Q2 24
$1.2B
$651.0M
Total Assets
IOSP
IOSP
OII
OII
Q1 26
$2.6B
Q4 25
$1.8B
$2.7B
Q3 25
$1.8B
$2.5B
Q2 25
$1.8B
$2.3B
Q1 25
$1.8B
$2.3B
Q4 24
$1.7B
$2.3B
Q3 24
$1.8B
$2.4B
Q2 24
$1.7B
$2.3B
Debt / Equity
IOSP
IOSP
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
IOSP
IOSP
OII
OII
Operating Cash FlowLast quarter
$61.4M
Free Cash FlowOCF − Capex
$46.8M
$-76.5M
FCF MarginFCF / Revenue
10.3%
-11.1%
Capex IntensityCapex / Revenue
3.2%
2.5%
Cash ConversionOCF / Net Profit
1.30×
TTM Free Cash FlowTrailing 4 quarters
$88.0M
$238.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IOSP
IOSP
OII
OII
Q1 26
Q4 25
$61.4M
$221.1M
Q3 25
$39.3M
$101.3M
Q2 25
$9.3M
$77.2M
Q1 25
$28.3M
$-80.7M
Q4 24
$25.7M
$128.4M
Q3 24
$73.5M
$91.9M
Q2 24
$4.7M
$52.6M
Free Cash Flow
IOSP
IOSP
OII
OII
Q1 26
$-76.5M
Q4 25
$46.8M
$190.7M
Q3 25
$25.0M
$77.0M
Q2 25
$-3.7M
$46.9M
Q1 25
$19.9M
$-106.8M
Q4 24
$13.6M
$94.5M
Q3 24
$65.8M
$67.0M
Q2 24
$-6.2M
$29.8M
FCF Margin
IOSP
IOSP
OII
OII
Q1 26
-11.1%
Q4 25
10.3%
28.5%
Q3 25
5.7%
10.4%
Q2 25
-0.8%
6.7%
Q1 25
4.5%
-15.8%
Q4 24
2.9%
13.2%
Q3 24
14.8%
9.9%
Q2 24
-1.4%
4.5%
Capex Intensity
IOSP
IOSP
OII
OII
Q1 26
2.5%
Q4 25
3.2%
4.6%
Q3 25
3.2%
3.3%
Q2 25
3.0%
4.3%
Q1 25
1.9%
3.9%
Q4 24
2.6%
4.7%
Q3 24
1.7%
3.7%
Q2 24
2.5%
3.4%
Cash Conversion
IOSP
IOSP
OII
OII
Q1 26
Q4 25
1.30×
1.24×
Q3 25
3.05×
1.42×
Q2 25
0.40×
1.42×
Q1 25
0.86×
-1.60×
Q4 24
2.29×
Q3 24
2.20×
2.23×
Q2 24
0.15×
1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IOSP
IOSP

Refinery And Performance$147.0M32%
Personal Care$99.7M22%
Oilfield Services$93.1M20%
Other Fuel Specialties$47.1M10%
Other Performance Chemicals$40.0M9%
Home Care$28.7M6%

OII
OII

Segment breakdown not available.

Related Comparisons