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Side-by-side financial comparison of MSCI Inc. (MSCI) and OCEANEERING INTERNATIONAL INC (OII). Click either name above to swap in a different company.
MSCI Inc. is the larger business by last-quarter revenue ($822.5M vs $692.4M, roughly 1.2× OCEANEERING INTERNATIONAL INC). MSCI Inc. runs the higher net margin — 34.6% vs 5.2%, a 29.4% gap on every dollar of revenue. On growth, MSCI Inc. posted the faster year-over-year revenue change (10.6% vs 3.6%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $-76.5M). Over the past eight quarters, MSCI Inc.'s revenue compounded faster (10.0% CAGR vs 1.8%).
MSCI Inc. is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and climate finance products. It operates the MSCI World, MSCI Emerging Markets, and MSCI All Country World (ACWI) indices, among others.
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.
MSCI vs OII — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $822.5M | $692.4M |
| Net Profit | $284.7M | $36.1M |
| Gross Margin | — | — |
| Operating Margin | 56.4% | — |
| Net Margin | 34.6% | 5.2% |
| Revenue YoY | 10.6% | 3.6% |
| Net Profit YoY | -6.8% | -28.3% |
| EPS (diluted) | $3.81 | $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 | $822.5M | $668.6M | ||
| Q3 25 | $793.4M | $742.9M | ||
| Q2 25 | $772.7M | $698.2M | ||
| Q1 25 | $745.8M | $674.5M | ||
| Q4 24 | $743.5M | $713.5M | ||
| Q3 24 | $724.7M | $679.8M | ||
| Q2 24 | $707.9M | $668.8M |
| Q1 26 | — | $36.1M | ||
| Q4 25 | $284.7M | $177.7M | ||
| Q3 25 | $325.4M | $71.3M | ||
| Q2 25 | $303.6M | $54.4M | ||
| Q1 25 | $288.6M | $50.4M | ||
| Q4 24 | $305.5M | $56.1M | ||
| Q3 24 | $280.9M | $41.2M | ||
| Q2 24 | $266.8M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 19.8% | ||
| Q3 25 | — | 20.6% | ||
| Q2 25 | — | 21.3% | ||
| Q1 25 | — | 20.0% | ||
| Q4 24 | — | 19.9% | ||
| Q3 24 | — | 19.3% | ||
| Q2 24 | — | 18.0% |
| Q1 26 | — | — | ||
| Q4 25 | 56.4% | 9.8% | ||
| Q3 25 | 56.4% | 11.6% | ||
| Q2 25 | 55.0% | 11.3% | ||
| Q1 25 | 50.6% | 10.9% | ||
| Q4 24 | 54.5% | 10.9% | ||
| Q3 24 | 55.4% | 10.5% | ||
| Q2 24 | 54.0% | 9.0% |
| Q1 26 | — | 5.2% | ||
| Q4 25 | 34.6% | 26.6% | ||
| Q3 25 | 41.0% | 9.6% | ||
| Q2 25 | 39.3% | 7.8% | ||
| Q1 25 | 38.7% | 7.5% | ||
| Q4 24 | 41.1% | 7.9% | ||
| Q3 24 | 38.8% | 6.1% | ||
| Q2 24 | 37.7% | 5.2% |
| Q1 26 | — | $0.36 | ||
| Q4 25 | $3.81 | $1.75 | ||
| Q3 25 | $4.25 | $0.71 | ||
| Q2 25 | $3.92 | $0.54 | ||
| Q1 25 | $3.71 | $0.49 | ||
| Q4 24 | $3.89 | $0.55 | ||
| Q3 24 | $3.57 | $0.40 | ||
| Q2 24 | $3.37 | $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 | $515.3M | — |
| Total DebtLower is stronger | $6.2B | $488.8M |
| Stockholders' EquityBook value | $-2.7B | $1.1B |
| Total Assets | $5.7B | $2.6B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $515.3M | $695.9M | ||
| Q3 25 | $400.1M | $7.0M | ||
| Q2 25 | $347.3M | $7.0M | ||
| Q1 25 | $360.7M | $7.0M | ||
| Q4 24 | $409.4M | $504.5M | ||
| Q3 24 | $501.0M | — | ||
| Q2 24 | $451.4M | — |
| Q1 26 | — | $488.8M | ||
| Q4 25 | $6.2B | $487.4M | ||
| Q3 25 | $5.5B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | $482.0M | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $4.5B | — |
| Q1 26 | — | $1.1B | ||
| Q4 25 | $-2.7B | $1.1B | ||
| Q3 25 | $-1.9B | $907.7M | ||
| Q2 25 | $-886.2M | $842.1M | ||
| Q1 25 | $-958.6M | $773.1M | ||
| Q4 24 | $-940.0M | $714.3M | ||
| Q3 24 | $-751.0M | $698.0M | ||
| Q2 24 | $-734.5M | $651.0M |
| Q1 26 | — | $2.6B | ||
| Q4 25 | $5.7B | $2.7B | ||
| Q3 25 | $5.4B | $2.5B | ||
| Q2 25 | $5.4B | $2.3B | ||
| Q1 25 | $5.3B | $2.3B | ||
| Q4 24 | $5.4B | $2.3B | ||
| Q3 24 | $5.4B | $2.4B | ||
| Q2 24 | $5.5B | $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 | $501.1M | — |
| Free Cash FlowOCF − Capex | $488.7M | $-76.5M |
| FCF MarginFCF / Revenue | 59.4% | -11.1% |
| Capex IntensityCapex / Revenue | 1.5% | 2.5% |
| Cash ConversionOCF / Net Profit | 1.76× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $238.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $501.1M | $221.1M | ||
| Q3 25 | $449.4M | $101.3M | ||
| Q2 25 | $336.1M | $77.2M | ||
| Q1 25 | $301.7M | $-80.7M | ||
| Q4 24 | $430.6M | $128.4M | ||
| Q3 24 | $421.6M | $91.9M | ||
| Q2 24 | $349.2M | $52.6M |
| Q1 26 | — | $-76.5M | ||
| Q4 25 | $488.7M | $190.7M | ||
| Q3 25 | $445.5M | $77.0M | ||
| Q2 25 | $324.7M | $46.9M | ||
| Q1 25 | $290.2M | $-106.8M | ||
| Q4 24 | $416.4M | $94.5M | ||
| Q3 24 | $415.0M | $67.0M | ||
| Q2 24 | $340.6M | $29.8M |
| Q1 26 | — | -11.1% | ||
| Q4 25 | 59.4% | 28.5% | ||
| Q3 25 | 56.2% | 10.4% | ||
| Q2 25 | 42.0% | 6.7% | ||
| Q1 25 | 38.9% | -15.8% | ||
| Q4 24 | 56.0% | 13.2% | ||
| Q3 24 | 57.3% | 9.9% | ||
| Q2 24 | 48.1% | 4.5% |
| Q1 26 | — | 2.5% | ||
| Q4 25 | 1.5% | 4.6% | ||
| Q3 25 | 0.5% | 3.3% | ||
| Q2 25 | 1.5% | 4.3% | ||
| Q1 25 | 1.5% | 3.9% | ||
| Q4 24 | 1.9% | 4.7% | ||
| Q3 24 | 0.9% | 3.7% | ||
| Q2 24 | 1.2% | 3.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.76× | 1.24× | ||
| Q3 25 | 1.38× | 1.42× | ||
| Q2 25 | 1.11× | 1.42× | ||
| Q1 25 | 1.05× | -1.60× | ||
| Q4 24 | 1.41× | 2.29× | ||
| Q3 24 | 1.50× | 2.23× | ||
| Q2 24 | 1.31× | 1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MSCI
| Recurring Subscriptions | $246.4M | 30% |
| Asset Based Fees | $211.7M | 26% |
| Analytics Segment | $182.3M | 22% |
| Sustainability And Climate Segment | $90.3M | 11% |
| Other | $70.9M | 9% |
| Non Recurring | $21.1M | 3% |
OII
Segment breakdown not available.
