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Side-by-side financial comparison of McGraw Hill, Inc. (MH) 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 $434.2M, roughly 1.6× McGraw Hill, Inc.). OCEANEERING INTERNATIONAL INC runs the higher net margin — 5.2% vs -4.7%, a 9.9% gap on every dollar of revenue. On growth, OCEANEERING INTERNATIONAL INC posted the faster year-over-year revenue change (3.6% vs -35.1%). McGraw Hill, Inc. produced more free cash flow last quarter ($285.4M vs $-76.5M).

McGraw Hill, Inc. is an American education science company that provides educational content, software, and services for students and educators across various levels—from K-12 to higher education and professional settings. They produce textbooks, digital learning tools, and adaptive technology to enhance learning experiences and outcomes. It is one of the "big three" educational publishers along with Houghton Mifflin Harcourt and Pearson Education. McGraw Hill also publishes reference and tra...

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.

MH vs OII — Head-to-Head

Bigger by revenue
OII
OII
1.6× larger
OII
$692.4M
$434.2M
MH
Growing faster (revenue YoY)
OII
OII
+38.7% gap
OII
3.6%
-35.1%
MH
Higher net margin
OII
OII
9.9% more per $
OII
5.2%
-4.7%
MH
More free cash flow
MH
MH
$361.9M more FCF
MH
$285.4M
$-76.5M
OII

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
MH
MH
OII
OII
Revenue
$434.2M
$692.4M
Net Profit
$-20.2M
$36.1M
Gross Margin
85.3%
Operating Margin
7.0%
Net Margin
-4.7%
5.2%
Revenue YoY
-35.1%
3.6%
Net Profit YoY
-119.2%
-28.3%
EPS (diluted)
$-0.11
$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
MH
MH
OII
OII
Q1 26
$692.4M
Q4 25
$434.2M
$668.6M
Q3 25
$669.2M
$742.9M
Q2 25
$535.7M
$698.2M
Q1 25
$674.5M
Q4 24
$713.5M
Q3 24
$679.8M
Q2 24
$668.8M
Net Profit
MH
MH
OII
OII
Q1 26
$36.1M
Q4 25
$-20.2M
$177.7M
Q3 25
$105.3M
$71.3M
Q2 25
$502.0K
$54.4M
Q1 25
$50.4M
Q4 24
$56.1M
Q3 24
$41.2M
Q2 24
$35.0M
Gross Margin
MH
MH
OII
OII
Q1 26
Q4 25
85.3%
19.8%
Q3 25
79.2%
20.6%
Q2 25
77.0%
21.3%
Q1 25
20.0%
Q4 24
19.9%
Q3 24
19.3%
Q2 24
18.0%
Operating Margin
MH
MH
OII
OII
Q1 26
Q4 25
7.0%
9.8%
Q3 25
23.4%
11.6%
Q2 25
18.0%
11.3%
Q1 25
10.9%
Q4 24
10.9%
Q3 24
10.5%
Q2 24
9.0%
Net Margin
MH
MH
OII
OII
Q1 26
5.2%
Q4 25
-4.7%
26.6%
Q3 25
15.7%
9.6%
Q2 25
0.1%
7.8%
Q1 25
7.5%
Q4 24
7.9%
Q3 24
6.1%
Q2 24
5.2%
EPS (diluted)
MH
MH
OII
OII
Q1 26
$0.36
Q4 25
$-0.11
$1.75
Q3 25
$0.57
$0.71
Q2 25
$0.00
$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
MH
MH
OII
OII
Cash + ST InvestmentsLiquidity on hand
$514.4M
Total DebtLower is stronger
$2.6B
$488.8M
Stockholders' EquityBook value
$775.3M
$1.1B
Total Assets
$5.6B
$2.6B
Debt / EquityLower = less leverage
3.36×
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MH
MH
OII
OII
Q1 26
Q4 25
$514.4M
$695.9M
Q3 25
$463.2M
$7.0M
Q2 25
$247.3M
$7.0M
Q1 25
$7.0M
Q4 24
$504.5M
Q3 24
Q2 24
Total Debt
MH
MH
OII
OII
Q1 26
$488.8M
Q4 25
$2.6B
$487.4M
Q3 25
$2.8B
Q2 25
$3.2B
Q1 25
Q4 24
$482.0M
Q3 24
Q2 24
Stockholders' Equity
MH
MH
OII
OII
Q1 26
$1.1B
Q4 25
$775.3M
$1.1B
Q3 25
$794.6M
$907.7M
Q2 25
$283.3M
$842.1M
Q1 25
$773.1M
Q4 24
$714.3M
Q3 24
$698.0M
Q2 24
$651.0M
Total Assets
MH
MH
OII
OII
Q1 26
$2.6B
Q4 25
$5.6B
$2.7B
Q3 25
$6.0B
$2.5B
Q2 25
$5.7B
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.4B
Q2 24
$2.3B
Debt / Equity
MH
MH
OII
OII
Q1 26
0.44×
Q4 25
3.36×
0.46×
Q3 25
3.52×
Q2 25
11.17×
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
MH
MH
OII
OII
Operating Cash FlowLast quarter
$309.0M
Free Cash FlowOCF − Capex
$285.4M
$-76.5M
FCF MarginFCF / Revenue
65.7%
-11.1%
Capex IntensityCapex / Revenue
5.4%
2.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$238.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MH
MH
OII
OII
Q1 26
Q4 25
$309.0M
$221.1M
Q3 25
$265.0M
$101.3M
Q2 25
$-96.7M
$77.2M
Q1 25
$-80.7M
Q4 24
$128.4M
Q3 24
$91.9M
Q2 24
$52.6M
Free Cash Flow
MH
MH
OII
OII
Q1 26
$-76.5M
Q4 25
$285.4M
$190.7M
Q3 25
$243.8M
$77.0M
Q2 25
$-112.9M
$46.9M
Q1 25
$-106.8M
Q4 24
$94.5M
Q3 24
$67.0M
Q2 24
$29.8M
FCF Margin
MH
MH
OII
OII
Q1 26
-11.1%
Q4 25
65.7%
28.5%
Q3 25
36.4%
10.4%
Q2 25
-21.1%
6.7%
Q1 25
-15.8%
Q4 24
13.2%
Q3 24
9.9%
Q2 24
4.5%
Capex Intensity
MH
MH
OII
OII
Q1 26
2.5%
Q4 25
5.4%
4.6%
Q3 25
3.2%
3.3%
Q2 25
3.0%
4.3%
Q1 25
3.9%
Q4 24
4.7%
Q3 24
3.7%
Q2 24
3.4%
Cash Conversion
MH
MH
OII
OII
Q1 26
Q4 25
1.24×
Q3 25
2.52×
1.42×
Q2 25
-192.53×
1.42×
Q1 25
-1.60×
Q4 24
2.29×
Q3 24
2.23×
Q2 24
1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MH
MH

Higher Education$225.4M52%
Digital$103.5M24%
Other$44.4M10%
Global Professional$36.2M8%
Print$24.7M6%

OII
OII

Segment breakdown not available.

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