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

TEREX CORP is the larger business by last-quarter revenue ($1.3B vs $692.4M, roughly 1.9× OCEANEERING INTERNATIONAL INC). OCEANEERING INTERNATIONAL INC runs the higher net margin — 5.2% vs 4.8%, a 0.4% gap on every dollar of revenue. On growth, TEREX CORP posted the faster year-over-year revenue change (6.2% vs 2.7%). TEREX CORP produced more free cash flow last quarter ($171.0M vs $-76.5M). Over the past eight quarters, OCEANEERING INTERNATIONAL INC's revenue compounded faster (1.8% CAGR vs 1.0%).

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.

Terex Corporation is an American company and worldwide manufacturer of materials processing machinery, waste and recycling equipment, mobile elevating work platforms, and equipment for the electric utility industry. Terex does business in the Americas, Europe, Australia and Asia Pacific.

OII vs TEX — Head-to-Head

Bigger by revenue
TEX
TEX
1.9× larger
TEX
$1.3B
$692.4M
OII
Growing faster (revenue YoY)
TEX
TEX
+3.6% gap
TEX
6.2%
2.7%
OII
Higher net margin
OII
OII
0.4% more per $
OII
5.2%
4.8%
TEX
More free cash flow
TEX
TEX
$247.5M more FCF
TEX
$171.0M
$-76.5M
OII
Faster 2-yr revenue CAGR
OII
OII
Annualised
OII
1.8%
1.0%
TEX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OII
OII
TEX
TEX
Revenue
$692.4M
$1.3B
Net Profit
$36.1M
$63.0M
Gross Margin
18.8%
Operating Margin
10.4%
Net Margin
5.2%
4.8%
Revenue YoY
2.7%
6.2%
Net Profit YoY
-79.7%
2963.6%
EPS (diluted)
$0.36
$0.95

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
TEX
TEX
Q1 26
$692.4M
Q4 25
$668.6M
$1.3B
Q3 25
$742.9M
$1.4B
Q2 25
$698.2M
$1.5B
Q1 25
$674.5M
$1.2B
Q4 24
$713.5M
$1.2B
Q3 24
$679.8M
$1.2B
Q2 24
$668.8M
$1.4B
Net Profit
OII
OII
TEX
TEX
Q1 26
$36.1M
Q4 25
$177.7M
$63.0M
Q3 25
$71.3M
$65.0M
Q2 25
$54.4M
$72.0M
Q1 25
$50.4M
$21.0M
Q4 24
$56.1M
$-2.2M
Q3 24
$41.2M
$88.0M
Q2 24
$35.0M
$140.7M
Gross Margin
OII
OII
TEX
TEX
Q1 26
Q4 25
19.8%
18.8%
Q3 25
20.6%
20.3%
Q2 25
21.3%
19.6%
Q1 25
20.0%
18.7%
Q4 24
19.9%
15.9%
Q3 24
19.3%
20.2%
Q2 24
18.0%
23.8%
Operating Margin
OII
OII
TEX
TEX
Q1 26
Q4 25
9.8%
10.4%
Q3 25
11.6%
10.1%
Q2 25
11.3%
8.7%
Q1 25
10.9%
5.6%
Q4 24
10.9%
4.2%
Q3 24
10.5%
10.1%
Q2 24
9.0%
14.0%
Net Margin
OII
OII
TEX
TEX
Q1 26
5.2%
Q4 25
26.6%
4.8%
Q3 25
9.6%
4.7%
Q2 25
7.8%
4.8%
Q1 25
7.5%
1.7%
Q4 24
7.9%
-0.2%
Q3 24
6.1%
7.3%
Q2 24
5.2%
10.2%
EPS (diluted)
OII
OII
TEX
TEX
Q1 26
$0.36
Q4 25
$1.75
$0.95
Q3 25
$0.71
$0.98
Q2 25
$0.54
$1.09
Q1 25
$0.49
$0.31
Q4 24
$0.55
$-0.03
Q3 24
$0.40
$1.31
Q2 24
$0.34
$2.08

Balance Sheet & Financial Strength

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

Metric
OII
OII
TEX
TEX
Cash + ST InvestmentsLiquidity on hand
$772.0M
Total DebtLower is stronger
$488.8M
$2.6B
Stockholders' EquityBook value
$1.1B
$2.1B
Total Assets
$2.6B
$6.1B
Debt / EquityLower = less leverage
0.44×
1.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OII
OII
TEX
TEX
Q1 26
Q4 25
$695.9M
$772.0M
Q3 25
$7.0M
$509.0M
Q2 25
$7.0M
$374.0M
Q1 25
$7.0M
$298.0M
Q4 24
$504.5M
$388.0M
Q3 24
$352.0M
Q2 24
$319.3M
Total Debt
OII
OII
TEX
TEX
Q1 26
$488.8M
Q4 25
$487.4M
$2.6B
Q3 25
Q2 25
Q1 25
Q4 24
$482.0M
$2.6B
Q3 24
Q2 24
Stockholders' Equity
OII
OII
TEX
TEX
Q1 26
$1.1B
Q4 25
$1.1B
$2.1B
Q3 25
$907.7M
$2.0B
Q2 25
$842.1M
$2.0B
Q1 25
$773.1M
$1.8B
Q4 24
$714.3M
$1.8B
Q3 24
$698.0M
$2.0B
Q2 24
$651.0M
$1.8B
Total Assets
OII
OII
TEX
TEX
Q1 26
$2.6B
Q4 25
$2.7B
$6.1B
Q3 25
$2.5B
$6.2B
Q2 25
$2.3B
$6.2B
Q1 25
$2.3B
$5.8B
Q4 24
$2.3B
$5.7B
Q3 24
$2.4B
$3.8B
Q2 24
$2.3B
$3.8B
Debt / Equity
OII
OII
TEX
TEX
Q1 26
0.44×
Q4 25
0.46×
1.23×
Q3 25
Q2 25
Q1 25
Q4 24
0.67×
1.41×
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
TEX
TEX
Operating Cash FlowLast quarter
$205.0M
Free Cash FlowOCF − Capex
$-76.5M
$171.0M
FCF MarginFCF / Revenue
-11.1%
13.0%
Capex IntensityCapex / Revenue
2.5%
2.6%
Cash ConversionOCF / Net Profit
3.25×
TTM Free Cash FlowTrailing 4 quarters
$238.1M
$322.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OII
OII
TEX
TEX
Q1 26
Q4 25
$221.1M
$205.0M
Q3 25
$101.3M
$154.0M
Q2 25
$77.2M
$102.0M
Q1 25
$-80.7M
$-21.0M
Q4 24
$128.4M
$177.0M
Q3 24
$91.9M
$116.4M
Q2 24
$52.6M
$66.5M
Free Cash Flow
OII
OII
TEX
TEX
Q1 26
$-76.5M
Q4 25
$190.7M
$171.0M
Q3 25
$77.0M
$130.0M
Q2 25
$46.9M
$78.0M
Q1 25
$-106.8M
$-57.0M
Q4 24
$94.5M
$128.0M
Q3 24
$67.0M
$87.4M
Q2 24
$29.8M
$42.5M
FCF Margin
OII
OII
TEX
TEX
Q1 26
-11.1%
Q4 25
28.5%
13.0%
Q3 25
10.4%
9.4%
Q2 25
6.7%
5.2%
Q1 25
-15.8%
-4.6%
Q4 24
13.2%
10.3%
Q3 24
9.9%
7.2%
Q2 24
4.5%
3.1%
Capex Intensity
OII
OII
TEX
TEX
Q1 26
2.5%
Q4 25
4.6%
2.6%
Q3 25
3.3%
1.7%
Q2 25
4.3%
1.6%
Q1 25
3.9%
2.9%
Q4 24
4.7%
3.9%
Q3 24
3.7%
2.4%
Q2 24
3.4%
1.7%
Cash Conversion
OII
OII
TEX
TEX
Q1 26
Q4 25
1.24×
3.25×
Q3 25
1.42×
2.37×
Q2 25
1.42×
1.42×
Q1 25
-1.60×
-1.00×
Q4 24
2.29×
Q3 24
2.23×
1.32×
Q2 24
1.50×
0.47×

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%

TEX
TEX

Aerials Segment$466.0M35%
Materials Processing Segment$428.0M32%
Materials Processing Equipment$279.0M21%
Specialty Equipment$148.0M11%

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