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

UNIVERSAL CORP is the larger business by last-quarter revenue ($853.2M vs $692.4M, roughly 1.2× OCEANEERING INTERNATIONAL INC). OCEANEERING INTERNATIONAL INC runs the higher net margin — 5.2% vs 3.9%, a 1.3% gap on every dollar of revenue. On growth, OCEANEERING INTERNATIONAL INC posted the faster year-over-year revenue change (2.7% vs -8.1%). UNIVERSAL CORP produced more free cash flow last quarter ($95.1M vs $-76.5M). Over the past eight quarters, UNIVERSAL CORP's revenue compounded faster (6.2% 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.

Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.

OII vs UVV — Head-to-Head

Bigger by revenue
UVV
UVV
1.2× larger
UVV
$853.2M
$692.4M
OII
Growing faster (revenue YoY)
OII
OII
+10.7% gap
OII
2.7%
-8.1%
UVV
Higher net margin
OII
OII
1.3% more per $
OII
5.2%
3.9%
UVV
More free cash flow
UVV
UVV
$171.6M more FCF
UVV
$95.1M
$-76.5M
OII
Faster 2-yr revenue CAGR
UVV
UVV
Annualised
UVV
6.2%
1.8%
OII

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
OII
OII
UVV
UVV
Revenue
$692.4M
$853.2M
Net Profit
$36.1M
$33.2M
Gross Margin
17.8%
Operating Margin
9.6%
Net Margin
5.2%
3.9%
Revenue YoY
2.7%
-8.1%
Net Profit YoY
-79.7%
-44.2%
EPS (diluted)
$0.36
$1.32

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
UVV
UVV
Q1 26
$692.4M
Q4 25
$668.6M
$853.2M
Q3 25
$742.9M
$749.4M
Q2 25
$698.2M
$592.6M
Q1 25
$674.5M
$690.2M
Q4 24
$713.5M
$928.0M
Q3 24
$679.8M
$708.4M
Q2 24
$668.8M
$596.4M
Net Profit
OII
OII
UVV
UVV
Q1 26
$36.1M
Q4 25
$177.7M
$33.2M
Q3 25
$71.3M
$34.2M
Q2 25
$54.4M
$8.5M
Q1 25
$50.4M
$9.3M
Q4 24
$56.1M
$59.6M
Q3 24
$41.2M
$25.9M
Q2 24
$35.0M
$130.0K
Gross Margin
OII
OII
UVV
UVV
Q1 26
Q4 25
19.8%
17.8%
Q3 25
20.6%
18.0%
Q2 25
21.3%
19.1%
Q1 25
20.0%
15.1%
Q4 24
19.9%
19.9%
Q3 24
19.3%
19.9%
Q2 24
18.0%
16.0%
Operating Margin
OII
OII
UVV
UVV
Q1 26
Q4 25
9.8%
9.6%
Q3 25
11.6%
9.0%
Q2 25
11.3%
5.7%
Q1 25
10.9%
6.2%
Q4 24
10.9%
11.2%
Q3 24
10.5%
9.7%
Q2 24
9.0%
2.9%
Net Margin
OII
OII
UVV
UVV
Q1 26
5.2%
Q4 25
26.6%
3.9%
Q3 25
9.6%
4.6%
Q2 25
7.8%
1.4%
Q1 25
7.5%
1.4%
Q4 24
7.9%
6.4%
Q3 24
6.1%
3.7%
Q2 24
5.2%
0.0%
EPS (diluted)
OII
OII
UVV
UVV
Q1 26
$0.36
Q4 25
$1.75
$1.32
Q3 25
$0.71
$1.36
Q2 25
$0.54
$0.34
Q1 25
$0.49
$0.37
Q4 24
$0.55
$2.37
Q3 24
$0.40
$1.03
Q2 24
$0.34
$0.01

Balance Sheet & Financial Strength

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

Metric
OII
OII
UVV
UVV
Cash + ST InvestmentsLiquidity on hand
$85.2M
Total DebtLower is stronger
$488.8M
Stockholders' EquityBook value
$1.1B
$1.5B
Total Assets
$2.6B
$3.0B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OII
OII
UVV
UVV
Q1 26
Q4 25
$695.9M
$85.2M
Q3 25
$7.0M
$88.7M
Q2 25
$7.0M
$178.4M
Q1 25
$7.0M
$260.1M
Q4 24
$504.5M
$215.1M
Q3 24
$80.1M
Q2 24
$101.7M
Total Debt
OII
OII
UVV
UVV
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
UVV
UVV
Q1 26
$1.1B
Q4 25
$1.1B
$1.5B
Q3 25
$907.7M
$1.5B
Q2 25
$842.1M
$1.5B
Q1 25
$773.1M
$1.5B
Q4 24
$714.3M
$1.5B
Q3 24
$698.0M
$1.4B
Q2 24
$651.0M
$1.4B
Total Assets
OII
OII
UVV
UVV
Q1 26
$2.6B
Q4 25
$2.7B
$3.0B
Q3 25
$2.5B
$3.1B
Q2 25
$2.3B
$3.2B
Q1 25
$2.3B
$3.0B
Q4 24
$2.3B
$3.0B
Q3 24
$2.4B
$3.0B
Q2 24
$2.3B
$3.0B
Debt / Equity
OII
OII
UVV
UVV
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
UVV
UVV
Operating Cash FlowLast quarter
$114.3M
Free Cash FlowOCF − Capex
$-76.5M
$95.1M
FCF MarginFCF / Revenue
-11.1%
11.1%
Capex IntensityCapex / Revenue
2.5%
2.3%
Cash ConversionOCF / Net Profit
3.44×
TTM Free Cash FlowTrailing 4 quarters
$238.1M
$52.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OII
OII
UVV
UVV
Q1 26
Q4 25
$221.1M
$114.3M
Q3 25
$101.3M
$32.7M
Q2 25
$77.2M
$-205.1M
Q1 25
$-80.7M
$158.7M
Q4 24
$128.4M
$215.6M
Q3 24
$91.9M
$15.0M
Q2 24
$52.6M
$-62.4M
Free Cash Flow
OII
OII
UVV
UVV
Q1 26
$-76.5M
Q4 25
$190.7M
$95.1M
Q3 25
$77.0M
$23.7M
Q2 25
$46.9M
$-217.2M
Q1 25
$-106.8M
$151.0M
Q4 24
$94.5M
$199.6M
Q3 24
$67.0M
$-1.0M
Q2 24
$29.8M
$-85.2M
FCF Margin
OII
OII
UVV
UVV
Q1 26
-11.1%
Q4 25
28.5%
11.1%
Q3 25
10.4%
3.2%
Q2 25
6.7%
-36.6%
Q1 25
-15.8%
21.9%
Q4 24
13.2%
21.5%
Q3 24
9.9%
-0.1%
Q2 24
4.5%
-14.3%
Capex Intensity
OII
OII
UVV
UVV
Q1 26
2.5%
Q4 25
4.6%
2.3%
Q3 25
3.3%
1.2%
Q2 25
4.3%
2.0%
Q1 25
3.9%
1.1%
Q4 24
4.7%
1.7%
Q3 24
3.7%
2.3%
Q2 24
3.4%
3.8%
Cash Conversion
OII
OII
UVV
UVV
Q1 26
Q4 25
1.24×
3.44×
Q3 25
1.42×
0.96×
Q2 25
1.42×
-24.14×
Q1 25
-1.60×
17.00×
Q4 24
2.29×
3.62×
Q3 24
2.23×
0.58×
Q2 24
1.50×
-480.34×

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%

UVV
UVV

Tobacco Operations$779.9M91%
Service Other$36.7M4%
Other$17.8M2%

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