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Side-by-side financial comparison of OCEANEERING INTERNATIONAL INC (OII) and PJT Partners Inc. (PJT). Click either name above to swap in a different company.

OCEANEERING INTERNATIONAL INC is the larger business by last-quarter revenue ($692.4M vs $531.4M, roughly 1.3× PJT Partners Inc.). PJT Partners Inc. runs the higher net margin — 10.0% vs 5.2%, a 4.8% gap on every dollar of revenue. On growth, PJT Partners Inc. posted the faster year-over-year revenue change (12.9% vs 3.6%). PJT Partners Inc. produced more free cash flow last quarter ($138.6M vs $-76.5M). Over the past eight quarters, PJT Partners Inc.'s revenue compounded faster (27.5% 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.

PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.

OII vs PJT — Head-to-Head

Bigger by revenue
OII
OII
1.3× larger
OII
$692.4M
$531.4M
PJT
Growing faster (revenue YoY)
PJT
PJT
+9.4% gap
PJT
12.9%
3.6%
OII
Higher net margin
PJT
PJT
4.8% more per $
PJT
10.0%
5.2%
OII
More free cash flow
PJT
PJT
$215.1M more FCF
PJT
$138.6M
$-76.5M
OII
Faster 2-yr revenue CAGR
PJT
PJT
Annualised
PJT
27.5%
1.8%
OII

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OII
OII
PJT
PJT
Revenue
$692.4M
$531.4M
Net Profit
$36.1M
$53.4M
Gross Margin
Operating Margin
23.1%
Net Margin
5.2%
10.0%
Revenue YoY
3.6%
12.9%
Net Profit YoY
-28.3%
4.0%
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
PJT
PJT
Q1 26
$692.4M
Q4 25
$668.6M
$531.4M
Q3 25
$742.9M
$442.3M
Q2 25
$698.2M
$401.1M
Q1 25
$674.5M
$321.9M
Q4 24
$713.5M
$470.5M
Q3 24
$679.8M
$320.3M
Q2 24
$668.8M
$358.1M
Net Profit
OII
OII
PJT
PJT
Q1 26
$36.1M
Q4 25
$177.7M
$53.4M
Q3 25
$71.3M
$39.8M
Q2 25
$54.4M
$32.9M
Q1 25
$50.4M
$54.0M
Q4 24
$56.1M
$51.3M
Q3 24
$41.2M
$22.1M
Q2 24
$35.0M
$28.3M
Gross Margin
OII
OII
PJT
PJT
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
PJT
PJT
Q1 26
Q4 25
9.8%
23.1%
Q3 25
11.6%
20.6%
Q2 25
11.3%
19.1%
Q1 25
10.9%
16.3%
Q4 24
10.9%
21.9%
Q3 24
10.5%
15.4%
Q2 24
9.0%
18.0%
Net Margin
OII
OII
PJT
PJT
Q1 26
5.2%
Q4 25
26.6%
10.0%
Q3 25
9.6%
9.0%
Q2 25
7.8%
8.2%
Q1 25
7.5%
16.8%
Q4 24
7.9%
10.9%
Q3 24
6.1%
6.9%
Q2 24
5.2%
7.9%
EPS (diluted)
OII
OII
PJT
PJT
Q1 26
$0.36
Q4 25
$1.75
Q3 25
$0.71
Q2 25
$0.54
Q1 25
$0.49
Q4 24
$0.55
Q3 24
$0.40
Q2 24
$0.34

Balance Sheet & Financial Strength

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

Metric
OII
OII
PJT
PJT
Cash + ST InvestmentsLiquidity on hand
$538.9M
Total DebtLower is stronger
$488.8M
Stockholders' EquityBook value
$1.1B
$308.2M
Total Assets
$2.6B
$1.8B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OII
OII
PJT
PJT
Q1 26
Q4 25
$695.9M
$538.9M
Q3 25
$7.0M
$400.5M
Q2 25
$7.0M
$214.6M
Q1 25
$7.0M
$194.3M
Q4 24
$504.5M
$483.9M
Q3 24
$148.8M
Q2 24
$164.2M
Total Debt
OII
OII
PJT
PJT
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
PJT
PJT
Q1 26
$1.1B
Q4 25
$1.1B
$308.2M
Q3 25
$907.7M
$228.6M
Q2 25
$842.1M
$167.4M
Q1 25
$773.1M
$148.8M
Q4 24
$714.3M
$187.0M
Q3 24
$698.0M
$159.1M
Q2 24
$651.0M
$133.8M
Total Assets
OII
OII
PJT
PJT
Q1 26
$2.6B
Q4 25
$2.7B
$1.8B
Q3 25
$2.5B
$1.7B
Q2 25
$2.3B
$1.5B
Q1 25
$2.3B
$1.4B
Q4 24
$2.3B
$1.6B
Q3 24
$2.4B
$1.6B
Q2 24
$2.3B
$1.4B
Debt / Equity
OII
OII
PJT
PJT
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
PJT
PJT
Operating Cash FlowLast quarter
$155.7M
Free Cash FlowOCF − Capex
$-76.5M
$138.6M
FCF MarginFCF / Revenue
-11.1%
26.1%
Capex IntensityCapex / Revenue
2.5%
3.2%
Cash ConversionOCF / Net Profit
2.92×
TTM Free Cash FlowTrailing 4 quarters
$238.1M
$480.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OII
OII
PJT
PJT
Q1 26
Q4 25
$221.1M
$155.7M
Q3 25
$101.3M
$256.1M
Q2 25
$77.2M
$190.4M
Q1 25
$-80.7M
$-75.9M
Q4 24
$128.4M
$195.7M
Q3 24
$91.9M
$180.5M
Q2 24
$52.6M
$193.6M
Free Cash Flow
OII
OII
PJT
PJT
Q1 26
$-76.5M
Q4 25
$190.7M
$138.6M
Q3 25
$77.0M
$240.9M
Q2 25
$46.9M
$178.9M
Q1 25
$-106.8M
$-77.9M
Q4 24
$94.5M
$195.3M
Q3 24
$67.0M
$178.5M
Q2 24
$29.8M
$193.0M
FCF Margin
OII
OII
PJT
PJT
Q1 26
-11.1%
Q4 25
28.5%
26.1%
Q3 25
10.4%
54.5%
Q2 25
6.7%
44.6%
Q1 25
-15.8%
-24.2%
Q4 24
13.2%
41.5%
Q3 24
9.9%
55.7%
Q2 24
4.5%
53.9%
Capex Intensity
OII
OII
PJT
PJT
Q1 26
2.5%
Q4 25
4.6%
3.2%
Q3 25
3.3%
3.4%
Q2 25
4.3%
2.9%
Q1 25
3.9%
0.6%
Q4 24
4.7%
0.1%
Q3 24
3.7%
0.6%
Q2 24
3.4%
0.1%
Cash Conversion
OII
OII
PJT
PJT
Q1 26
Q4 25
1.24×
2.92×
Q3 25
1.42×
6.43×
Q2 25
1.42×
5.79×
Q1 25
-1.60×
-1.41×
Q4 24
2.29×
3.81×
Q3 24
2.23×
8.15×
Q2 24
1.50×
6.84×

Financial Flow Comparison

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

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