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Side-by-side financial comparison of OCEANEERING INTERNATIONAL INC (OII) and Snap-on (SNA). Click either name above to swap in a different company.
Snap-on is the larger business by last-quarter revenue ($1.2B vs $692.4M, roughly 1.8× OCEANEERING INTERNATIONAL INC). Snap-on runs the higher net margin — 21.3% vs 5.2%, a 16.1% gap on every dollar of revenue. On growth, OCEANEERING INTERNATIONAL INC posted the faster year-over-year revenue change (3.6% vs 2.7%). Snap-on produced more free cash flow last quarter ($254.6M vs $-76.5M). Over the past eight quarters, Snap-on's revenue compounded faster (2.0% 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.
Snap-on Incorporated is an American designer, manufacturer, and marketer of high-end tools and equipment for professional use in the transportation industry, including the automotive, heavy duty, equipment, marine, aviation, and railroad industries. Headquartered in Kenosha, Wisconsin, since 1930, Snap-on also distributes lower-end tools under the brand name Blue-Point. Their primary competitors include Matco, Mac Tools, and Cornwell Tools.
OII vs SNA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $692.4M | $1.2B |
| Net Profit | $36.1M | $260.7M |
| Gross Margin | — | — |
| Operating Margin | — | 27.8% |
| Net Margin | 5.2% | 21.3% |
| Revenue YoY | 3.6% | 2.7% |
| Net Profit YoY | -28.3% | 1.0% |
| EPS (diluted) | $0.36 | $4.94 |
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.
| Q1 26 | $692.4M | — | ||
| Q4 25 | $668.6M | $1.2B | ||
| Q3 25 | $742.9M | $1.2B | ||
| Q2 25 | $698.2M | $1.2B | ||
| Q1 25 | $674.5M | $1.1B | ||
| Q4 24 | $713.5M | $1.2B | ||
| Q3 24 | $679.8M | $1.1B | ||
| Q2 24 | $668.8M | $1.2B |
| Q1 26 | $36.1M | — | ||
| Q4 25 | $177.7M | $260.7M | ||
| Q3 25 | $71.3M | $265.4M | ||
| Q2 25 | $54.4M | $250.3M | ||
| Q1 25 | $50.4M | $240.5M | ||
| Q4 24 | $56.1M | $258.1M | ||
| Q3 24 | $41.2M | $251.1M | ||
| Q2 24 | $35.0M | $271.2M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | 9.8% | 27.8% | ||
| Q3 25 | 11.6% | 29.4% | ||
| Q2 25 | 11.3% | 28.0% | ||
| Q1 25 | 10.9% | 27.7% | ||
| Q4 24 | 10.9% | 27.9% | ||
| Q3 24 | 10.5% | 28.4% | ||
| Q2 24 | 9.0% | 29.9% |
| Q1 26 | 5.2% | — | ||
| Q4 25 | 26.6% | 21.3% | ||
| Q3 25 | 9.6% | 22.5% | ||
| Q2 25 | 7.8% | 21.4% | ||
| Q1 25 | 7.5% | 21.2% | ||
| Q4 24 | 7.9% | 21.7% | ||
| Q3 24 | 6.1% | 22.0% | ||
| Q2 24 | 5.2% | 23.1% |
| Q1 26 | $0.36 | — | ||
| Q4 25 | $1.75 | $4.94 | ||
| Q3 25 | $0.71 | $5.02 | ||
| Q2 25 | $0.54 | $4.72 | ||
| Q1 25 | $0.49 | $4.51 | ||
| Q4 24 | $0.55 | $4.83 | ||
| Q3 24 | $0.40 | $4.70 | ||
| Q2 24 | $0.34 | $5.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $695.9M | — | ||
| Q3 25 | $7.0M | $1.5B | ||
| Q2 25 | $7.0M | $1.5B | ||
| Q1 25 | $7.0M | $1.4B | ||
| Q4 24 | $504.5M | $1.4B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.2B |
| Q1 26 | $488.8M | — | ||
| Q4 25 | $487.4M | — | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | — | ||
| Q4 24 | $482.0M | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $907.7M | $5.8B | ||
| Q2 25 | $842.1M | $5.7B | ||
| Q1 25 | $773.1M | $5.5B | ||
| Q4 24 | $714.3M | $5.4B | ||
| Q3 24 | $698.0M | $5.5B | ||
| Q2 24 | $651.0M | $5.3B |
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.5B | $8.4B | ||
| Q2 25 | $2.3B | $8.2B | ||
| Q1 25 | $2.3B | $8.1B | ||
| Q4 24 | $2.3B | $7.9B | ||
| Q3 24 | $2.4B | $8.0B | ||
| Q2 24 | $2.3B | $7.8B |
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.46× | — | ||
| Q3 25 | — | 0.21× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.67× | 0.22× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $268.1M |
| Free Cash FlowOCF − Capex | $-76.5M | $254.6M |
| FCF MarginFCF / Revenue | -11.1% | 20.8% |
| Capex IntensityCapex / Revenue | 2.5% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 1.03× |
| TTM Free Cash FlowTrailing 4 quarters | $238.1M | $1.0B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $221.1M | $268.1M | ||
| Q3 25 | $101.3M | $277.9M | ||
| Q2 25 | $77.2M | $237.2M | ||
| Q1 25 | $-80.7M | $298.5M | ||
| Q4 24 | $128.4M | $293.5M | ||
| Q3 24 | $91.9M | $274.2M | ||
| Q2 24 | $52.6M | $301.1M |
| Q1 26 | $-76.5M | — | ||
| Q4 25 | $190.7M | $254.6M | ||
| Q3 25 | $77.0M | $258.0M | ||
| Q2 25 | $46.9M | $217.5M | ||
| Q1 25 | $-106.8M | $275.6M | ||
| Q4 24 | $94.5M | $275.4M | ||
| Q3 24 | $67.0M | $253.8M | ||
| Q2 24 | $29.8M | $277.9M |
| Q1 26 | -11.1% | — | ||
| Q4 25 | 28.5% | 20.8% | ||
| Q3 25 | 10.4% | 21.8% | ||
| Q2 25 | 6.7% | 18.6% | ||
| Q1 25 | -15.8% | 24.3% | ||
| Q4 24 | 13.2% | 23.1% | ||
| Q3 24 | 9.9% | 22.3% | ||
| Q2 24 | 4.5% | 23.7% |
| Q1 26 | 2.5% | — | ||
| Q4 25 | 4.6% | 1.1% | ||
| Q3 25 | 3.3% | 1.7% | ||
| Q2 25 | 4.3% | 1.7% | ||
| Q1 25 | 3.9% | 2.0% | ||
| Q4 24 | 4.7% | 1.5% | ||
| Q3 24 | 3.7% | 1.8% | ||
| Q2 24 | 3.4% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.24× | 1.03× | ||
| Q3 25 | 1.42× | 1.05× | ||
| Q2 25 | 1.42× | 0.95× | ||
| Q1 25 | -1.60× | 1.24× | ||
| Q4 24 | 2.29× | 1.14× | ||
| Q3 24 | 2.23× | 1.09× | ||
| Q2 24 | 1.50× | 1.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
