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

Sylvamo Corp is the larger business by last-quarter revenue ($890.0M vs $692.4M, roughly 1.3× OCEANEERING INTERNATIONAL INC). OCEANEERING INTERNATIONAL INC runs the higher net margin — 5.2% vs 3.7%, a 1.5% gap on every dollar of revenue. On growth, OCEANEERING INTERNATIONAL INC posted the faster year-over-year revenue change (2.7% vs -8.2%). Sylvamo Corp produced more free cash flow last quarter ($38.0M vs $-76.5M). Over the past eight quarters, OCEANEERING INTERNATIONAL INC's revenue compounded faster (1.8% CAGR vs -0.8%).

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.

Sylvamo Corp is a leading global manufacturer of sustainable paper and pulp products. Its core offerings include uncoated printing paper, packaging paper, and market pulp, serving office supplies, publishing, commercial printing, and packaging segments across North America, Europe, and Latin America.

OII vs SLVM — Head-to-Head

Bigger by revenue
SLVM
SLVM
1.3× larger
SLVM
$890.0M
$692.4M
OII
Growing faster (revenue YoY)
OII
OII
+10.9% gap
OII
2.7%
-8.2%
SLVM
Higher net margin
OII
OII
1.5% more per $
OII
5.2%
3.7%
SLVM
More free cash flow
SLVM
SLVM
$114.5M more FCF
SLVM
$38.0M
$-76.5M
OII
Faster 2-yr revenue CAGR
OII
OII
Annualised
OII
1.8%
-0.8%
SLVM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OII
OII
SLVM
SLVM
Revenue
$692.4M
$890.0M
Net Profit
$36.1M
$33.0M
Gross Margin
Operating Margin
8.9%
Net Margin
5.2%
3.7%
Revenue YoY
2.7%
-8.2%
Net Profit YoY
-79.7%
-59.3%
EPS (diluted)
$0.36
$0.81

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
SLVM
SLVM
Q1 26
$692.4M
Q4 25
$668.6M
$890.0M
Q3 25
$742.9M
$846.0M
Q2 25
$698.2M
$794.0M
Q1 25
$674.5M
$821.0M
Q4 24
$713.5M
$970.0M
Q3 24
$679.8M
$965.0M
Q2 24
$668.8M
$933.0M
Net Profit
OII
OII
SLVM
SLVM
Q1 26
$36.1M
Q4 25
$177.7M
$33.0M
Q3 25
$71.3M
$57.0M
Q2 25
$54.4M
$15.0M
Q1 25
$50.4M
$27.0M
Q4 24
$56.1M
$81.0M
Q3 24
$41.2M
$95.0M
Q2 24
$35.0M
$83.0M
Gross Margin
OII
OII
SLVM
SLVM
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
SLVM
SLVM
Q1 26
Q4 25
9.8%
8.9%
Q3 25
11.6%
11.6%
Q2 25
11.3%
3.8%
Q1 25
10.9%
5.4%
Q4 24
10.9%
11.2%
Q3 24
10.5%
15.5%
Q2 24
9.0%
13.1%
Net Margin
OII
OII
SLVM
SLVM
Q1 26
5.2%
Q4 25
26.6%
3.7%
Q3 25
9.6%
6.7%
Q2 25
7.8%
1.9%
Q1 25
7.5%
3.3%
Q4 24
7.9%
8.4%
Q3 24
6.1%
9.8%
Q2 24
5.2%
8.9%
EPS (diluted)
OII
OII
SLVM
SLVM
Q1 26
$0.36
Q4 25
$1.75
$0.81
Q3 25
$0.71
$1.41
Q2 25
$0.54
$0.37
Q1 25
$0.49
$0.65
Q4 24
$0.55
$1.91
Q3 24
$0.40
$2.27
Q2 24
$0.34
$1.98

Balance Sheet & Financial Strength

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

Metric
OII
OII
SLVM
SLVM
Cash + ST InvestmentsLiquidity on hand
$198.0M
Total DebtLower is stronger
$488.8M
$763.0M
Stockholders' EquityBook value
$1.1B
$966.0M
Total Assets
$2.6B
$2.8B
Debt / EquityLower = less leverage
0.44×
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OII
OII
SLVM
SLVM
Q1 26
Q4 25
$695.9M
$198.0M
Q3 25
$7.0M
$146.0M
Q2 25
$7.0M
$183.0M
Q1 25
$7.0M
$220.0M
Q4 24
$504.5M
$309.0M
Q3 24
$414.0M
Q2 24
$213.0M
Total Debt
OII
OII
SLVM
SLVM
Q1 26
$488.8M
Q4 25
$487.4M
$763.0M
Q3 25
$778.0M
Q2 25
$767.0M
Q1 25
$794.0M
Q4 24
$482.0M
$782.0M
Q3 24
$883.0M
Q2 24
$894.0M
Stockholders' Equity
OII
OII
SLVM
SLVM
Q1 26
$1.1B
Q4 25
$1.1B
$966.0M
Q3 25
$907.7M
$977.0M
Q2 25
$842.1M
$959.0M
Q1 25
$773.1M
$908.0M
Q4 24
$714.3M
$847.0M
Q3 24
$698.0M
$937.0M
Q2 24
$651.0M
$830.0M
Total Assets
OII
OII
SLVM
SLVM
Q1 26
$2.6B
Q4 25
$2.7B
$2.8B
Q3 25
$2.5B
$2.7B
Q2 25
$2.3B
$2.7B
Q1 25
$2.3B
$2.6B
Q4 24
$2.3B
$2.6B
Q3 24
$2.4B
$2.9B
Q2 24
$2.3B
$2.7B
Debt / Equity
OII
OII
SLVM
SLVM
Q1 26
0.44×
Q4 25
0.46×
0.79×
Q3 25
0.80×
Q2 25
0.80×
Q1 25
0.87×
Q4 24
0.67×
0.92×
Q3 24
0.94×
Q2 24
1.08×

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
SLVM
SLVM
Operating Cash FlowLast quarter
$94.0M
Free Cash FlowOCF − Capex
$-76.5M
$38.0M
FCF MarginFCF / Revenue
-11.1%
4.3%
Capex IntensityCapex / Revenue
2.5%
6.3%
Cash ConversionOCF / Net Profit
2.85×
TTM Free Cash FlowTrailing 4 quarters
$238.1M
$44.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OII
OII
SLVM
SLVM
Q1 26
Q4 25
$221.1M
$94.0M
Q3 25
$101.3M
$87.0M
Q2 25
$77.2M
$64.0M
Q1 25
$-80.7M
$23.0M
Q4 24
$128.4M
$164.0M
Q3 24
$91.9M
$163.0M
Q2 24
$52.6M
$115.0M
Free Cash Flow
OII
OII
SLVM
SLVM
Q1 26
$-76.5M
Q4 25
$190.7M
$38.0M
Q3 25
$77.0M
$33.0M
Q2 25
$46.9M
$-2.0M
Q1 25
$-106.8M
$-25.0M
Q4 24
$94.5M
$100.0M
Q3 24
$67.0M
$119.0M
Q2 24
$29.8M
$62.0M
FCF Margin
OII
OII
SLVM
SLVM
Q1 26
-11.1%
Q4 25
28.5%
4.3%
Q3 25
10.4%
3.9%
Q2 25
6.7%
-0.3%
Q1 25
-15.8%
-3.0%
Q4 24
13.2%
10.3%
Q3 24
9.9%
12.3%
Q2 24
4.5%
6.6%
Capex Intensity
OII
OII
SLVM
SLVM
Q1 26
2.5%
Q4 25
4.6%
6.3%
Q3 25
3.3%
6.4%
Q2 25
4.3%
8.3%
Q1 25
3.9%
5.8%
Q4 24
4.7%
6.6%
Q3 24
3.7%
4.6%
Q2 24
3.4%
5.7%
Cash Conversion
OII
OII
SLVM
SLVM
Q1 26
Q4 25
1.24×
2.85×
Q3 25
1.42×
1.53×
Q2 25
1.42×
4.27×
Q1 25
-1.60×
0.85×
Q4 24
2.29×
2.02×
Q3 24
2.23×
1.72×
Q2 24
1.50×
1.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OII
OII

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

SLVM
SLVM

Segment breakdown not available.

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