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Side-by-side financial comparison of OCEANEERING INTERNATIONAL INC (OII) and Tri Pointe Homes, Inc. (TPH). Click either name above to swap in a different company.

Tri Pointe Homes, Inc. is the larger business by last-quarter revenue ($972.6M vs $692.4M, roughly 1.4× OCEANEERING INTERNATIONAL INC). Tri Pointe Homes, Inc. runs the higher net margin — 6.2% vs 5.2%, a 1.0% gap on every dollar of revenue. On growth, OCEANEERING INTERNATIONAL INC posted the faster year-over-year revenue change (3.6% vs -22.4%). Tri Pointe Homes, Inc. produced more free cash flow last quarter ($213.2M vs $-76.5M). Over the past eight quarters, Tri Pointe Homes, Inc.'s revenue compounded faster (1.8% 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.

Tri Pointe Homes, Inc. is a home construction company headquartered in Incline Village, Nevada. It also offers financing and insurance services to homebuyers. It operates in Arizona, California, Nevada, Washington, Colorado, Texas, the District of Columbia, Maryland, North Carolina, South Carolina, and Virginia. The company is the 18th largest home construction company in the United States based on the number of homes closed.

OII vs TPH — Head-to-Head

Bigger by revenue
TPH
TPH
1.4× larger
TPH
$972.6M
$692.4M
OII
Growing faster (revenue YoY)
OII
OII
+26.0% gap
OII
3.6%
-22.4%
TPH
Higher net margin
TPH
TPH
1.0% more per $
TPH
6.2%
5.2%
OII
More free cash flow
TPH
TPH
$289.7M more FCF
TPH
$213.2M
$-76.5M
OII
Faster 2-yr revenue CAGR
TPH
TPH
Annualised
TPH
1.8%
1.8%
OII

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OII
OII
TPH
TPH
Revenue
$692.4M
$972.6M
Net Profit
$36.1M
$60.2M
Gross Margin
Operating Margin
8.1%
Net Margin
5.2%
6.2%
Revenue YoY
3.6%
-22.4%
Net Profit YoY
-28.3%
-53.4%
EPS (diluted)
$0.36
$0.70

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
TPH
TPH
Q1 26
$692.4M
Q4 25
$668.6M
$972.6M
Q3 25
$742.9M
$854.7M
Q2 25
$698.2M
$902.4M
Q1 25
$674.5M
$740.9M
Q4 24
$713.5M
$1.3B
Q3 24
$679.8M
$1.1B
Q2 24
$668.8M
$1.2B
Net Profit
OII
OII
TPH
TPH
Q1 26
$36.1M
Q4 25
$177.7M
$60.2M
Q3 25
$71.3M
$56.1M
Q2 25
$54.4M
$60.7M
Q1 25
$50.4M
$64.0M
Q4 24
$56.1M
$129.2M
Q3 24
$41.2M
$111.8M
Q2 24
$35.0M
$118.0M
Gross Margin
OII
OII
TPH
TPH
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
TPH
TPH
Q1 26
Q4 25
9.8%
8.1%
Q3 25
11.6%
8.1%
Q2 25
11.3%
8.5%
Q1 25
10.9%
10.4%
Q4 24
10.9%
13.4%
Q3 24
10.5%
12.6%
Q2 24
9.0%
12.9%
Net Margin
OII
OII
TPH
TPH
Q1 26
5.2%
Q4 25
26.6%
6.2%
Q3 25
9.6%
6.6%
Q2 25
7.8%
6.7%
Q1 25
7.5%
8.6%
Q4 24
7.9%
10.3%
Q3 24
6.1%
9.8%
Q2 24
5.2%
10.2%
EPS (diluted)
OII
OII
TPH
TPH
Q1 26
$0.36
Q4 25
$1.75
$0.70
Q3 25
$0.71
$0.64
Q2 25
$0.54
$0.68
Q1 25
$0.49
$0.70
Q4 24
$0.55
$1.37
Q3 24
$0.40
$1.18
Q2 24
$0.34
$1.25

Balance Sheet & Financial Strength

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

Metric
OII
OII
TPH
TPH
Cash + ST InvestmentsLiquidity on hand
$982.8M
Total DebtLower is stronger
$488.8M
Stockholders' EquityBook value
$1.1B
$3.3B
Total Assets
$2.6B
$5.0B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OII
OII
TPH
TPH
Q1 26
Q4 25
$695.9M
$982.8M
Q3 25
$7.0M
$792.0M
Q2 25
$7.0M
$622.6M
Q1 25
$7.0M
$812.9M
Q4 24
$504.5M
$970.0M
Q3 24
$676.0M
Q2 24
$492.9M
Total Debt
OII
OII
TPH
TPH
Q1 26
$488.8M
Q4 25
$487.4M
Q3 25
Q2 25
Q1 25
Q4 24
$482.0M
$646.5M
Q3 24
Q2 24
Stockholders' Equity
OII
OII
TPH
TPH
Q1 26
$1.1B
Q4 25
$1.1B
$3.3B
Q3 25
$907.7M
$3.3B
Q2 25
$842.1M
$3.3B
Q1 25
$773.1M
$3.3B
Q4 24
$714.3M
$3.3B
Q3 24
$698.0M
$3.2B
Q2 24
$651.0M
$3.1B
Total Assets
OII
OII
TPH
TPH
Q1 26
$2.6B
Q4 25
$2.7B
$5.0B
Q3 25
$2.5B
$5.0B
Q2 25
$2.3B
$4.8B
Q1 25
$2.3B
$4.8B
Q4 24
$2.3B
$4.9B
Q3 24
$2.4B
$4.8B
Q2 24
$2.3B
$4.6B
Debt / Equity
OII
OII
TPH
TPH
Q1 26
0.44×
Q4 25
0.46×
Q3 25
Q2 25
Q1 25
Q4 24
0.67×
0.19×
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
TPH
TPH
Operating Cash FlowLast quarter
$221.0M
Free Cash FlowOCF − Capex
$-76.5M
$213.2M
FCF MarginFCF / Revenue
-11.1%
21.9%
Capex IntensityCapex / Revenue
2.5%
0.8%
Cash ConversionOCF / Net Profit
3.67×
TTM Free Cash FlowTrailing 4 quarters
$238.1M
$128.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OII
OII
TPH
TPH
Q1 26
Q4 25
$221.1M
$221.0M
Q3 25
$101.3M
$45.9M
Q2 25
$77.2M
$-74.3M
Q1 25
$-80.7M
$-31.2M
Q4 24
$128.4M
$360.3M
Q3 24
$91.9M
$167.9M
Q2 24
$52.6M
$23.1M
Free Cash Flow
OII
OII
TPH
TPH
Q1 26
$-76.5M
Q4 25
$190.7M
$213.2M
Q3 25
$77.0M
$39.1M
Q2 25
$46.9M
$-84.5M
Q1 25
$-106.8M
$-39.3M
Q4 24
$94.5M
$355.9M
Q3 24
$67.0M
$161.5M
Q2 24
$29.8M
$17.0M
FCF Margin
OII
OII
TPH
TPH
Q1 26
-11.1%
Q4 25
28.5%
21.9%
Q3 25
10.4%
4.6%
Q2 25
6.7%
-9.4%
Q1 25
-15.8%
-5.3%
Q4 24
13.2%
28.4%
Q3 24
9.9%
14.1%
Q2 24
4.5%
1.5%
Capex Intensity
OII
OII
TPH
TPH
Q1 26
2.5%
Q4 25
4.6%
0.8%
Q3 25
3.3%
0.8%
Q2 25
4.3%
1.1%
Q1 25
3.9%
1.1%
Q4 24
4.7%
0.3%
Q3 24
3.7%
0.6%
Q2 24
3.4%
0.5%
Cash Conversion
OII
OII
TPH
TPH
Q1 26
Q4 25
1.24×
3.67×
Q3 25
1.42×
0.82×
Q2 25
1.42×
-1.22×
Q1 25
-1.60×
-0.49×
Q4 24
2.29×
2.79×
Q3 24
2.23×
1.50×
Q2 24
1.50×
0.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OII
OII

Segment breakdown not available.

TPH
TPH

West$547.8M56%
Central$245.1M25%
East$161.8M17%
Financial Services Segment$18.0M2%
Land$7.9M1%

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