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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) 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 $440.9M, roughly 1.6× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 27.8% vs 5.2%, a 22.6% gap on every dollar of revenue. On growth, NEW JERSEY RESOURCES CORP posted the faster year-over-year revenue change (22.8% vs 2.7%). Over the past eight quarters, OCEANEERING INTERNATIONAL INC's revenue compounded faster (1.8% CAGR vs 0.9%).

New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.

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.

NJR vs OII — Head-to-Head

Bigger by revenue
OII
OII
1.6× larger
OII
$692.4M
$440.9M
NJR
Growing faster (revenue YoY)
NJR
NJR
+20.2% gap
NJR
22.8%
2.7%
OII
Higher net margin
NJR
NJR
22.6% more per $
NJR
27.8%
5.2%
OII
Faster 2-yr revenue CAGR
OII
OII
Annualised
OII
1.8%
0.9%
NJR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NJR
NJR
OII
OII
Revenue
$440.9M
$692.4M
Net Profit
$122.5M
$36.1M
Gross Margin
Operating Margin
40.6%
Net Margin
27.8%
5.2%
Revenue YoY
22.8%
2.7%
Net Profit YoY
-6.7%
-79.7%
EPS (diluted)
$1.21
$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
NJR
NJR
OII
OII
Q1 26
$692.4M
Q4 25
$440.9M
$668.6M
Q3 25
$188.3M
$742.9M
Q2 25
$234.8M
$698.2M
Q1 25
$569.2M
$674.5M
Q4 24
$359.0M
$713.5M
Q3 24
$265.7M
$679.8M
Q2 24
$209.9M
$668.8M
Net Profit
NJR
NJR
OII
OII
Q1 26
$36.1M
Q4 25
$122.5M
$177.7M
Q3 25
$15.1M
$71.3M
Q2 25
$-15.1M
$54.4M
Q1 25
$204.3M
$50.4M
Q4 24
$131.3M
$56.1M
Q3 24
$91.1M
$41.2M
Q2 24
$-11.6M
$35.0M
Gross Margin
NJR
NJR
OII
OII
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%
Operating Margin
NJR
NJR
OII
OII
Q1 26
Q4 25
40.6%
9.8%
Q3 25
21.5%
11.6%
Q2 25
-0.5%
11.3%
Q1 25
49.2%
10.9%
Q4 24
52.8%
10.9%
Q3 24
55.0%
10.5%
Q2 24
2.8%
9.0%
Net Margin
NJR
NJR
OII
OII
Q1 26
5.2%
Q4 25
27.8%
26.6%
Q3 25
8.0%
9.6%
Q2 25
-6.4%
7.8%
Q1 25
35.9%
7.5%
Q4 24
36.6%
7.9%
Q3 24
34.3%
6.1%
Q2 24
-5.5%
5.2%
EPS (diluted)
NJR
NJR
OII
OII
Q1 26
$0.36
Q4 25
$1.21
$1.75
Q3 25
$0.15
$0.71
Q2 25
$-0.15
$0.54
Q1 25
$2.02
$0.49
Q4 24
$1.31
$0.55
Q3 24
$0.91
$0.40
Q2 24
$-0.12
$0.34

Balance Sheet & Financial Strength

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

Metric
NJR
NJR
OII
OII
Cash + ST InvestmentsLiquidity on hand
$2.4M
Total DebtLower is stronger
$3.3B
$488.8M
Stockholders' EquityBook value
$2.5B
$1.1B
Total Assets
$7.9B
$2.6B
Debt / EquityLower = less leverage
1.32×
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NJR
NJR
OII
OII
Q1 26
Q4 25
$2.4M
$695.9M
Q3 25
$591.0K
$7.0M
Q2 25
$931.0K
$7.0M
Q1 25
$83.7M
$7.0M
Q4 24
$1.9M
$504.5M
Q3 24
$1.0M
Q2 24
$22.4M
Total Debt
NJR
NJR
OII
OII
Q1 26
$488.8M
Q4 25
$3.3B
$487.4M
Q3 25
$3.3B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
$482.0M
Q3 24
$2.9B
Q2 24
$2.8B
Stockholders' Equity
NJR
NJR
OII
OII
Q1 26
$1.1B
Q4 25
$2.5B
$1.1B
Q3 25
$2.4B
$907.7M
Q2 25
$2.4B
$842.1M
Q1 25
$2.5B
$773.1M
Q4 24
$2.3B
$714.3M
Q3 24
$2.2B
$698.0M
Q2 24
$2.1B
$651.0M
Total Assets
NJR
NJR
OII
OII
Q1 26
$2.6B
Q4 25
$7.9B
$2.7B
Q3 25
$7.6B
$2.5B
Q2 25
$7.3B
$2.3B
Q1 25
$7.3B
$2.3B
Q4 24
$7.2B
$2.3B
Q3 24
$7.0B
$2.4B
Q2 24
$6.8B
$2.3B
Debt / Equity
NJR
NJR
OII
OII
Q1 26
0.44×
Q4 25
1.32×
0.46×
Q3 25
1.36×
Q2 25
1.25×
Q1 25
1.20×
Q4 24
1.29×
0.67×
Q3 24
1.31×
Q2 24
1.30×

Cash Flow & Capital Efficiency

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

Metric
NJR
NJR
OII
OII
Operating Cash FlowLast quarter
$26.7M
Free Cash FlowOCF − Capex
$-76.5M
FCF MarginFCF / Revenue
-11.1%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
0.22×
TTM Free Cash FlowTrailing 4 quarters
$238.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NJR
NJR
OII
OII
Q1 26
Q4 25
$26.7M
$221.1M
Q3 25
$81.2M
$101.3M
Q2 25
$-28.9M
$77.2M
Q1 25
$423.0M
$-80.7M
Q4 24
$-9.0M
$128.4M
Q3 24
$64.5M
$91.9M
Q2 24
$24.3M
$52.6M
Free Cash Flow
NJR
NJR
OII
OII
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
FCF Margin
NJR
NJR
OII
OII
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%
Capex Intensity
NJR
NJR
OII
OII
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%
Cash Conversion
NJR
NJR
OII
OII
Q1 26
Q4 25
0.22×
1.24×
Q3 25
5.39×
1.42×
Q2 25
1.42×
Q1 25
2.07×
-1.60×
Q4 24
-0.07×
2.29×
Q3 24
0.71×
2.23×
Q2 24
1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NJR
NJR

Residential$284.1M64%
Commercialand Industrial$53.4M12%
Firm Transportation$34.7M8%
Storage And Transportation ST Segment$28.1M6%
Home Services And Other HSO$16.0M4%
Energy Services ES Segment$12.8M3%
Installationand Maintenance$6.6M1%
Electricity$5.6M1%
Renewable Energy Certificates$3.7M1%
Interruptibleand Offtariff$2.4M1%

OII
OII

Backlog at end of period$492.0M71%
Other$162.8M24%
ROV days available$22.5M3%
ROV days utilized$15.1M2%

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