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Side-by-side financial comparison of MANITOWOC CO INC (MTW) 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 $677.1M, roughly 1.0× MANITOWOC CO INC). OCEANEERING INTERNATIONAL INC runs the higher net margin — 5.2% vs 1.0%, a 4.2% gap on every dollar of revenue. On growth, MANITOWOC CO INC posted the faster year-over-year revenue change (13.6% vs 3.6%). MANITOWOC CO INC produced more free cash flow last quarter ($78.3M vs $-76.5M). Over the past eight quarters, MANITOWOC CO INC's revenue compounded faster (16.9% CAGR vs 1.8%).

The Manitowoc Company, Inc. is an American manufacturer which produces cranes and previously produced commercial refrigeration and marine equipment. It was founded in 1902 and, through its wholly owned subsidiaries, designs, manufactures, markets, and supports mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks under the Grove, Manitowoc, National Crane, Potain, Shuttlelift and Manitowoc Crane Care brand names.

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.

MTW vs OII — Head-to-Head

Bigger by revenue
OII
OII
1.0× larger
OII
$692.4M
$677.1M
MTW
Growing faster (revenue YoY)
MTW
MTW
+10.0% gap
MTW
13.6%
3.6%
OII
Higher net margin
OII
OII
4.2% more per $
OII
5.2%
1.0%
MTW
More free cash flow
MTW
MTW
$154.8M more FCF
MTW
$78.3M
$-76.5M
OII
Faster 2-yr revenue CAGR
MTW
MTW
Annualised
MTW
16.9%
1.8%
OII

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MTW
MTW
OII
OII
Revenue
$677.1M
$692.4M
Net Profit
$7.0M
$36.1M
Gross Margin
16.7%
Operating Margin
3.0%
Net Margin
1.0%
5.2%
Revenue YoY
13.6%
3.6%
Net Profit YoY
-87.7%
-28.3%
EPS (diluted)
$0.20
$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
MTW
MTW
OII
OII
Q1 26
$692.4M
Q4 25
$677.1M
$668.6M
Q3 25
$553.4M
$742.9M
Q2 25
$539.5M
$698.2M
Q1 25
$470.9M
$674.5M
Q4 24
$596.0M
$713.5M
Q3 24
$524.8M
$679.8M
Q2 24
$562.1M
$668.8M
Net Profit
MTW
MTW
OII
OII
Q1 26
$36.1M
Q4 25
$7.0M
$177.7M
Q3 25
$5.0M
$71.3M
Q2 25
$1.5M
$54.4M
Q1 25
$-6.3M
$50.4M
Q4 24
$56.7M
$56.1M
Q3 24
$-7.0M
$41.2M
Q2 24
$1.6M
$35.0M
Gross Margin
MTW
MTW
OII
OII
Q1 26
Q4 25
16.7%
19.8%
Q3 25
18.5%
20.6%
Q2 25
18.4%
21.3%
Q1 25
19.1%
20.0%
Q4 24
16.0%
19.9%
Q3 24
16.7%
19.3%
Q2 24
17.7%
18.0%
Operating Margin
MTW
MTW
OII
OII
Q1 26
Q4 25
3.0%
9.8%
Q3 25
3.3%
11.6%
Q2 25
1.8%
11.3%
Q1 25
1.1%
10.9%
Q4 24
2.7%
10.9%
Q3 24
1.4%
10.5%
Q2 24
2.3%
9.0%
Net Margin
MTW
MTW
OII
OII
Q1 26
5.2%
Q4 25
1.0%
26.6%
Q3 25
0.9%
9.6%
Q2 25
0.3%
7.8%
Q1 25
-1.3%
7.5%
Q4 24
9.5%
7.9%
Q3 24
-1.3%
6.1%
Q2 24
0.3%
5.2%
EPS (diluted)
MTW
MTW
OII
OII
Q1 26
$0.36
Q4 25
$0.20
$1.75
Q3 25
$0.14
$0.71
Q2 25
$0.04
$0.54
Q1 25
$-0.18
$0.49
Q4 24
$1.60
$0.55
Q3 24
$-0.20
$0.40
Q2 24
$0.04
$0.34

Balance Sheet & Financial Strength

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

Metric
MTW
MTW
OII
OII
Cash + ST InvestmentsLiquidity on hand
$77.3M
Total DebtLower is stronger
$447.1M
$488.8M
Stockholders' EquityBook value
$695.2M
$1.1B
Total Assets
$1.8B
$2.6B
Debt / EquityLower = less leverage
0.64×
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTW
MTW
OII
OII
Q1 26
Q4 25
$77.3M
$695.9M
Q3 25
$39.7M
$7.0M
Q2 25
$32.9M
$7.0M
Q1 25
$41.4M
$7.0M
Q4 24
$48.0M
$504.5M
Q3 24
$22.9M
Q2 24
$38.1M
Total Debt
MTW
MTW
OII
OII
Q1 26
$488.8M
Q4 25
$447.1M
$487.4M
Q3 25
$479.9M
Q2 25
$459.8M
Q1 25
$381.4M
Q4 24
$377.1M
$482.0M
Q3 24
$426.7M
Q2 24
$406.3M
Stockholders' Equity
MTW
MTW
OII
OII
Q1 26
$1.1B
Q4 25
$695.2M
$1.1B
Q3 25
$682.7M
$907.7M
Q2 25
$681.3M
$842.1M
Q1 25
$651.6M
$773.1M
Q4 24
$640.1M
$714.3M
Q3 24
$607.6M
$698.0M
Q2 24
$592.3M
$651.0M
Total Assets
MTW
MTW
OII
OII
Q1 26
$2.6B
Q4 25
$1.8B
$2.7B
Q3 25
$1.9B
$2.5B
Q2 25
$1.9B
$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
MTW
MTW
OII
OII
Q1 26
0.44×
Q4 25
0.64×
0.46×
Q3 25
0.70×
Q2 25
0.67×
Q1 25
0.59×
Q4 24
0.59×
0.67×
Q3 24
0.70×
Q2 24
0.69×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MTW
MTW
OII
OII
Operating Cash FlowLast quarter
$91.1M
Free Cash FlowOCF − Capex
$78.3M
$-76.5M
FCF MarginFCF / Revenue
11.6%
-11.1%
Capex IntensityCapex / Revenue
1.9%
2.5%
Cash ConversionOCF / Net Profit
13.01×
TTM Free Cash FlowTrailing 4 quarters
$-15.3M
$238.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTW
MTW
OII
OII
Q1 26
Q4 25
$91.1M
$221.1M
Q3 25
$-14.1M
$101.3M
Q2 25
$-67.7M
$77.2M
Q1 25
$12.9M
$-80.7M
Q4 24
$112.4M
$128.4M
Q3 24
$-43.6M
$91.9M
Q2 24
$11.0M
$52.6M
Free Cash Flow
MTW
MTW
OII
OII
Q1 26
$-76.5M
Q4 25
$78.3M
$190.7M
Q3 25
$-22.0M
$77.0M
Q2 25
$-73.7M
$46.9M
Q1 25
$2.1M
$-106.8M
Q4 24
$101.1M
$94.5M
Q3 24
$-52.9M
$67.0M
Q2 24
$-1.9M
$29.8M
FCF Margin
MTW
MTW
OII
OII
Q1 26
-11.1%
Q4 25
11.6%
28.5%
Q3 25
-4.0%
10.4%
Q2 25
-13.7%
6.7%
Q1 25
0.4%
-15.8%
Q4 24
17.0%
13.2%
Q3 24
-10.1%
9.9%
Q2 24
-0.3%
4.5%
Capex Intensity
MTW
MTW
OII
OII
Q1 26
2.5%
Q4 25
1.9%
4.6%
Q3 25
1.4%
3.3%
Q2 25
1.1%
4.3%
Q1 25
2.3%
3.9%
Q4 24
1.9%
4.7%
Q3 24
1.8%
3.7%
Q2 24
2.3%
3.4%
Cash Conversion
MTW
MTW
OII
OII
Q1 26
Q4 25
13.01×
1.24×
Q3 25
-2.82×
1.42×
Q2 25
-45.13×
1.42×
Q1 25
-1.60×
Q4 24
1.98×
2.29×
Q3 24
2.23×
Q2 24
6.88×
1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MTW
MTW

US$344.5M51%
Europe$193.8M29%
Other Countries$138.8M20%

OII
OII

Segment breakdown not available.

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