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Side-by-side financial comparison of OCEANEERING INTERNATIONAL INC (OII) and OLD NATIONAL BANCORP (ONB). Click either name above to swap in a different company.

OLD NATIONAL BANCORP is the larger business by last-quarter revenue ($702.8M vs $692.4M, roughly 1.0× OCEANEERING INTERNATIONAL INC). OLD NATIONAL BANCORP runs the higher net margin — 33.3% vs 5.2%, a 28.0% gap on every dollar of revenue. On growth, OLD NATIONAL BANCORP posted the faster year-over-year revenue change (44.4% vs 3.6%). Over the past eight quarters, OLD NATIONAL BANCORP's revenue compounded faster (34.5% CAGR vs 1.8%).

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.

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

OII vs ONB — Head-to-Head

Bigger by revenue
ONB
ONB
1.0× larger
ONB
$702.8M
$692.4M
OII
Growing faster (revenue YoY)
ONB
ONB
+40.8% gap
ONB
44.4%
3.6%
OII
Higher net margin
ONB
ONB
28.0% more per $
ONB
33.3%
5.2%
OII
Faster 2-yr revenue CAGR
ONB
ONB
Annualised
ONB
34.5%
1.8%
OII

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
OII
OII
ONB
ONB
Revenue
$692.4M
$702.8M
Net Profit
$36.1M
$233.7M
Gross Margin
Operating Margin
Net Margin
5.2%
33.3%
Revenue YoY
3.6%
44.4%
Net Profit YoY
-28.3%
61.5%
EPS (diluted)
$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
OII
OII
ONB
ONB
Q1 26
$692.4M
$702.8M
Q4 25
$668.6M
$580.8M
Q3 25
$742.9M
$574.6M
Q2 25
$698.2M
$514.8M
Q1 25
$674.5M
$387.6M
Q4 24
$713.5M
$394.2M
Q3 24
$679.8M
$391.7M
Q2 24
$668.8M
$388.4M
Net Profit
OII
OII
ONB
ONB
Q1 26
$36.1M
$233.7M
Q4 25
$177.7M
$216.6M
Q3 25
$71.3M
$182.6M
Q2 25
$54.4M
$125.4M
Q1 25
$50.4M
$144.7M
Q4 24
$56.1M
$153.9M
Q3 24
$41.2M
$143.8M
Q2 24
$35.0M
$121.2M
Gross Margin
OII
OII
ONB
ONB
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
OII
OII
ONB
ONB
Q1 26
Q4 25
9.8%
46.7%
Q3 25
11.6%
40.5%
Q2 25
11.3%
30.2%
Q1 25
10.9%
46.8%
Q4 24
10.9%
47.2%
Q3 24
10.5%
47.2%
Q2 24
9.0%
40.3%
Net Margin
OII
OII
ONB
ONB
Q1 26
5.2%
33.3%
Q4 25
26.6%
37.3%
Q3 25
9.6%
31.8%
Q2 25
7.8%
24.4%
Q1 25
7.5%
37.3%
Q4 24
7.9%
39.0%
Q3 24
6.1%
36.7%
Q2 24
5.2%
31.2%
EPS (diluted)
OII
OII
ONB
ONB
Q1 26
$0.36
Q4 25
$1.75
$0.55
Q3 25
$0.71
$0.46
Q2 25
$0.54
$0.34
Q1 25
$0.49
$0.44
Q4 24
$0.55
$0.47
Q3 24
$0.40
$0.44
Q2 24
$0.34
$0.37

Balance Sheet & Financial Strength

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

Metric
OII
OII
ONB
ONB
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$488.8M
Stockholders' EquityBook value
$1.1B
$8.5B
Total Assets
$2.6B
$73.0B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OII
OII
ONB
ONB
Q1 26
Q4 25
$695.9M
$1.8B
Q3 25
$7.0M
$1.7B
Q2 25
$7.0M
$1.8B
Q1 25
$7.0M
$1.2B
Q4 24
$504.5M
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Total Debt
OII
OII
ONB
ONB
Q1 26
$488.8M
Q4 25
$487.4M
Q3 25
Q2 25
Q1 25
Q4 24
$482.0M
Q3 24
Q2 24
Stockholders' Equity
OII
OII
ONB
ONB
Q1 26
$1.1B
$8.5B
Q4 25
$1.1B
$8.5B
Q3 25
$907.7M
$8.3B
Q2 25
$842.1M
$8.1B
Q1 25
$773.1M
$6.5B
Q4 24
$714.3M
$6.3B
Q3 24
$698.0M
$6.4B
Q2 24
$651.0M
$6.1B
Total Assets
OII
OII
ONB
ONB
Q1 26
$2.6B
$73.0B
Q4 25
$2.7B
$72.2B
Q3 25
$2.5B
$71.2B
Q2 25
$2.3B
$71.0B
Q1 25
$2.3B
$53.9B
Q4 24
$2.3B
$53.6B
Q3 24
$2.4B
$53.6B
Q2 24
$2.3B
$53.1B
Debt / Equity
OII
OII
ONB
ONB
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
OII
OII
ONB
ONB
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-76.5M
FCF MarginFCF / Revenue
-11.1%
Capex IntensityCapex / Revenue
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
OII
OII
ONB
ONB
Q1 26
Q4 25
$221.1M
$159.2M
Q3 25
$101.3M
$341.2M
Q2 25
$77.2M
$72.9M
Q1 25
$-80.7M
$108.2M
Q4 24
$128.4M
$235.8M
Q3 24
$91.9M
$121.3M
Q2 24
$52.6M
$161.0M
Free Cash Flow
OII
OII
ONB
ONB
Q1 26
$-76.5M
Q4 25
$190.7M
$137.3M
Q3 25
$77.0M
$333.6M
Q2 25
$46.9M
$64.1M
Q1 25
$-106.8M
$102.4M
Q4 24
$94.5M
$229.0M
Q3 24
$67.0M
$115.7M
Q2 24
$29.8M
$151.6M
FCF Margin
OII
OII
ONB
ONB
Q1 26
-11.1%
Q4 25
28.5%
23.6%
Q3 25
10.4%
58.1%
Q2 25
6.7%
12.4%
Q1 25
-15.8%
26.4%
Q4 24
13.2%
58.1%
Q3 24
9.9%
29.5%
Q2 24
4.5%
39.0%
Capex Intensity
OII
OII
ONB
ONB
Q1 26
2.5%
Q4 25
4.6%
3.8%
Q3 25
3.3%
1.3%
Q2 25
4.3%
1.7%
Q1 25
3.9%
1.5%
Q4 24
4.7%
1.7%
Q3 24
3.7%
1.4%
Q2 24
3.4%
2.4%
Cash Conversion
OII
OII
ONB
ONB
Q1 26
Q4 25
1.24×
0.73×
Q3 25
1.42×
1.87×
Q2 25
1.42×
0.58×
Q1 25
-1.60×
0.75×
Q4 24
2.29×
1.53×
Q3 24
2.23×
0.84×
Q2 24
1.50×
1.33×

Financial Flow Comparison

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

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