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Side-by-side financial comparison of OCEANEERING INTERNATIONAL INC (OII) and Principal Financial Group (PFG). Click either name above to swap in a different company.

Principal Financial Group is the larger business by last-quarter revenue ($750.8M vs $692.4M, roughly 1.1× OCEANEERING INTERNATIONAL INC). OCEANEERING INTERNATIONAL INC runs the higher net margin — 5.2% vs 0.3%, a 5.0% gap on every dollar of revenue. On growth, Principal Financial Group posted the faster year-over-year revenue change (4.0% vs 3.6%). Over the past eight quarters, OCEANEERING INTERNATIONAL INC's revenue compounded faster (1.8% CAGR vs -58.3%).

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.

Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.

OII vs PFG — Head-to-Head

Bigger by revenue
PFG
PFG
1.1× larger
PFG
$750.8M
$692.4M
OII
Growing faster (revenue YoY)
PFG
PFG
+0.4% gap
PFG
4.0%
3.6%
OII
Higher net margin
OII
OII
5.0% more per $
OII
5.2%
0.3%
PFG
Faster 2-yr revenue CAGR
OII
OII
Annualised
OII
1.8%
-58.3%
PFG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
OII
OII
PFG
PFG
Revenue
$692.4M
$750.8M
Net Profit
$36.1M
$1.9M
Gross Margin
Operating Margin
Net Margin
5.2%
0.3%
Revenue YoY
3.6%
4.0%
Net Profit YoY
-28.3%
783.0%
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
PFG
PFG
Q1 26
$692.4M
$750.8M
Q4 25
$668.6M
$4.6B
Q3 25
$742.9M
$3.7B
Q2 25
$698.2M
$3.7B
Q1 25
$674.5M
$3.7B
Q4 24
$713.5M
$4.8B
Q3 24
$679.8M
$3.0B
Q2 24
$668.8M
$4.3B
Net Profit
OII
OII
PFG
PFG
Q1 26
$36.1M
$1.9M
Q4 25
$177.7M
$517.0M
Q3 25
$71.3M
$213.8M
Q2 25
$54.4M
$406.2M
Q1 25
$50.4M
$48.1M
Q4 24
$56.1M
$905.4M
Q3 24
$41.2M
$-220.0M
Q2 24
$35.0M
$353.1M
Gross Margin
OII
OII
PFG
PFG
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
PFG
PFG
Q1 26
Q4 25
9.8%
Q3 25
11.6%
Q2 25
11.3%
Q1 25
10.9%
Q4 24
10.9%
Q3 24
10.5%
Q2 24
9.0%
Net Margin
OII
OII
PFG
PFG
Q1 26
5.2%
0.3%
Q4 25
26.6%
11.3%
Q3 25
9.6%
5.8%
Q2 25
7.8%
11.1%
Q1 25
7.5%
1.3%
Q4 24
7.9%
19.1%
Q3 24
6.1%
-7.3%
Q2 24
5.2%
8.2%
EPS (diluted)
OII
OII
PFG
PFG
Q1 26
$0.36
Q4 25
$1.75
$2.30
Q3 25
$0.71
$0.95
Q2 25
$0.54
$1.79
Q1 25
$0.49
$0.21
Q4 24
$0.55
$3.92
Q3 24
$0.40
$-0.95
Q2 24
$0.34
$1.49

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OII
OII
PFG
PFG
Q1 26
Q4 25
$695.9M
$4.4B
Q3 25
$7.0M
$5.1B
Q2 25
$7.0M
$3.7B
Q1 25
$7.0M
$3.9B
Q4 24
$504.5M
$4.2B
Q3 24
$6.2B
Q2 24
$4.8B
Total Debt
OII
OII
PFG
PFG
Q1 26
$488.8M
Q4 25
$487.4M
$3.9B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$4.3B
Q4 24
$482.0M
$4.0B
Q3 24
$3.9B
Q2 24
$3.9B
Stockholders' Equity
OII
OII
PFG
PFG
Q1 26
$1.1B
Q4 25
$1.1B
$11.9B
Q3 25
$907.7M
$11.7B
Q2 25
$842.1M
$11.4B
Q1 25
$773.1M
$11.2B
Q4 24
$714.3M
$11.1B
Q3 24
$698.0M
$11.2B
Q2 24
$651.0M
$11.0B
Total Assets
OII
OII
PFG
PFG
Q1 26
$2.6B
Q4 25
$2.7B
$341.4B
Q3 25
$2.5B
$334.5B
Q2 25
$2.3B
$323.1B
Q1 25
$2.3B
$313.0B
Q4 24
$2.3B
$313.7B
Q3 24
$2.4B
$322.9B
Q2 24
$2.3B
$308.8B
Debt / Equity
OII
OII
PFG
PFG
Q1 26
0.44×
Q4 25
0.46×
0.33×
Q3 25
0.34×
Q2 25
0.34×
Q1 25
0.39×
Q4 24
0.67×
0.36×
Q3 24
0.35×
Q2 24
0.36×

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
PFG
PFG
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
PFG
PFG
Q1 26
Q4 25
$221.1M
$1.7B
Q3 25
$101.3M
$1.0B
Q2 25
$77.2M
$811.9M
Q1 25
$-80.7M
$977.3M
Q4 24
$128.4M
$1.5B
Q3 24
$91.9M
$1.1B
Q2 24
$52.6M
$1.4B
Free Cash Flow
OII
OII
PFG
PFG
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
OII
OII
PFG
PFG
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
OII
OII
PFG
PFG
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
OII
OII
PFG
PFG
Q1 26
Q4 25
1.24×
3.37×
Q3 25
1.42×
4.70×
Q2 25
1.42×
2.00×
Q1 25
-1.60×
20.32×
Q4 24
2.29×
1.61×
Q3 24
2.23×
Q2 24
1.50×
4.05×

Financial Flow Comparison

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

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