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

OCEANEERING INTERNATIONAL INC is the larger business by last-quarter revenue ($692.4M vs $663.4M, roughly 1.0× Vestis Corp). OCEANEERING INTERNATIONAL INC runs the higher net margin — 5.2% vs -1.0%, a 6.2% gap on every dollar of revenue. On growth, OCEANEERING INTERNATIONAL INC posted the faster year-over-year revenue change (3.6% vs -3.0%). Vestis Corp produced more free cash flow last quarter ($28.3M vs $-76.5M). Over the past eight quarters, OCEANEERING INTERNATIONAL INC's revenue compounded faster (1.8% CAGR vs -3.0%).

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.

Vestis Corp is a leading provider of workplace uniforms, safety apparel, and facility service solutions. It primarily operates across North America, serving clients in healthcare, manufacturing, retail, hospitality, and public service sectors, offering customized uniform rental, cleaning, and maintenance programs tailored to varied business operational requirements.

OII vs VSTS — Head-to-Head

Bigger by revenue
OII
OII
1.0× larger
OII
$692.4M
$663.4M
VSTS
Growing faster (revenue YoY)
OII
OII
+6.6% gap
OII
3.6%
-3.0%
VSTS
Higher net margin
OII
OII
6.2% more per $
OII
5.2%
-1.0%
VSTS
More free cash flow
VSTS
VSTS
$104.8M more FCF
VSTS
$28.3M
$-76.5M
OII
Faster 2-yr revenue CAGR
OII
OII
Annualised
OII
1.8%
-3.0%
VSTS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
OII
OII
VSTS
VSTS
Revenue
$692.4M
$663.4M
Net Profit
$36.1M
$-6.4M
Gross Margin
Operating Margin
2.5%
Net Margin
5.2%
-1.0%
Revenue YoY
3.6%
-3.0%
Net Profit YoY
-28.3%
-868.1%
EPS (diluted)
$0.36
$-0.05

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
VSTS
VSTS
Q1 26
$692.4M
$663.4M
Q4 25
$668.6M
$712.0M
Q3 25
$742.9M
Q2 25
$698.2M
$673.8M
Q1 25
$674.5M
$665.2M
Q4 24
$713.5M
$683.8M
Q3 24
$679.8M
$684.3M
Q2 24
$668.8M
$698.2M
Net Profit
OII
OII
VSTS
VSTS
Q1 26
$36.1M
$-6.4M
Q4 25
$177.7M
$-12.5M
Q3 25
$71.3M
Q2 25
$54.4M
$-676.0K
Q1 25
$50.4M
$-27.8M
Q4 24
$56.1M
$832.0K
Q3 24
$41.2M
$-2.3M
Q2 24
$35.0M
$5.0M
Gross Margin
OII
OII
VSTS
VSTS
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
VSTS
VSTS
Q1 26
2.5%
Q4 25
9.8%
2.5%
Q3 25
11.6%
Q2 25
11.3%
3.7%
Q1 25
10.9%
-1.3%
Q4 24
10.9%
4.4%
Q3 24
10.5%
4.4%
Q2 24
9.0%
5.4%
Net Margin
OII
OII
VSTS
VSTS
Q1 26
5.2%
-1.0%
Q4 25
26.6%
-1.8%
Q3 25
9.6%
Q2 25
7.8%
-0.1%
Q1 25
7.5%
-4.2%
Q4 24
7.9%
0.1%
Q3 24
6.1%
-0.3%
Q2 24
5.2%
0.7%
EPS (diluted)
OII
OII
VSTS
VSTS
Q1 26
$0.36
$-0.05
Q4 25
$1.75
$-0.10
Q3 25
$0.71
Q2 25
$0.54
$-0.01
Q1 25
$0.49
$-0.21
Q4 24
$0.55
$0.01
Q3 24
$0.40
$-0.02
Q2 24
$0.34
$0.04

Balance Sheet & Financial Strength

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

Metric
OII
OII
VSTS
VSTS
Cash + ST InvestmentsLiquidity on hand
$41.5M
Total DebtLower is stronger
$488.8M
Stockholders' EquityBook value
$1.1B
$864.4M
Total Assets
$2.6B
$2.9B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OII
OII
VSTS
VSTS
Q1 26
$41.5M
Q4 25
$695.9M
$29.7M
Q3 25
$7.0M
Q2 25
$7.0M
$23.7M
Q1 25
$7.0M
$28.8M
Q4 24
$504.5M
$18.6M
Q3 24
$31.0M
Q2 24
$29.1M
Total Debt
OII
OII
VSTS
VSTS
Q1 26
$488.8M
Q4 25
$487.4M
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
$482.0M
Q3 24
$1.2B
Q2 24
Stockholders' Equity
OII
OII
VSTS
VSTS
Q1 26
$1.1B
$864.4M
Q4 25
$1.1B
$865.6M
Q3 25
$907.7M
Q2 25
$842.1M
$882.2M
Q1 25
$773.1M
$876.3M
Q4 24
$714.3M
$899.6M
Q3 24
$698.0M
$903.1M
Q2 24
$651.0M
$901.2M
Total Assets
OII
OII
VSTS
VSTS
Q1 26
$2.6B
$2.9B
Q4 25
$2.7B
$2.9B
Q3 25
$2.5B
Q2 25
$2.3B
$2.9B
Q1 25
$2.3B
$2.9B
Q4 24
$2.3B
$2.9B
Q3 24
$2.4B
$2.9B
Q2 24
$2.3B
$3.1B
Debt / Equity
OII
OII
VSTS
VSTS
Q1 26
0.44×
Q4 25
0.46×
1.35×
Q3 25
Q2 25
Q1 25
Q4 24
0.67×
Q3 24
1.29×
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
VSTS
VSTS
Operating Cash FlowLast quarter
$37.7M
Free Cash FlowOCF − Capex
$-76.5M
$28.3M
FCF MarginFCF / Revenue
-11.1%
4.3%
Capex IntensityCapex / Revenue
2.5%
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$238.1M
$45.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OII
OII
VSTS
VSTS
Q1 26
$37.7M
Q4 25
$221.1M
$30.9M
Q3 25
$101.3M
Q2 25
$77.2M
$22.9M
Q1 25
$-80.7M
$6.7M
Q4 24
$128.4M
$3.8M
Q3 24
$91.9M
$295.6M
Q2 24
$52.6M
$48.7M
Free Cash Flow
OII
OII
VSTS
VSTS
Q1 26
$-76.5M
$28.3M
Q4 25
$190.7M
$15.6M
Q3 25
$77.0M
Q2 25
$46.9M
$8.0M
Q1 25
$-106.8M
$-6.9M
Q4 24
$94.5M
$-11.0M
Q3 24
$67.0M
$267.5M
Q2 24
$29.8M
$27.7M
FCF Margin
OII
OII
VSTS
VSTS
Q1 26
-11.1%
4.3%
Q4 25
28.5%
2.2%
Q3 25
10.4%
Q2 25
6.7%
1.2%
Q1 25
-15.8%
-1.0%
Q4 24
13.2%
-1.6%
Q3 24
9.9%
39.1%
Q2 24
4.5%
4.0%
Capex Intensity
OII
OII
VSTS
VSTS
Q1 26
2.5%
1.4%
Q4 25
4.6%
2.2%
Q3 25
3.3%
Q2 25
4.3%
2.2%
Q1 25
3.9%
2.0%
Q4 24
4.7%
2.2%
Q3 24
3.7%
4.1%
Q2 24
3.4%
3.0%
Cash Conversion
OII
OII
VSTS
VSTS
Q1 26
Q4 25
1.24×
Q3 25
1.42×
Q2 25
1.42×
Q1 25
-1.60×
Q4 24
2.29×
4.54×
Q3 24
2.23×
Q2 24
1.50×
9.66×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OII
OII

Segment breakdown not available.

VSTS
VSTS

Workplace Supplies$375.2M57%
Uniforms$227.7M34%
Other$60.5M9%

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