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Side-by-side financial comparison of OIL STATES INTERNATIONAL, INC (OIS) and Safehold Inc. (SAFE). Click either name above to swap in a different company.
OIL STATES INTERNATIONAL, INC is the larger business by last-quarter revenue ($178.5M vs $97.9M, roughly 1.8× Safehold Inc.). Safehold Inc. runs the higher net margin — 28.5% vs -65.7%, a 94.2% gap on every dollar of revenue. On growth, OIL STATES INTERNATIONAL, INC posted the faster year-over-year revenue change (8.4% vs 6.5%). Over the past eight quarters, OIL STATES INTERNATIONAL, INC's revenue compounded faster (3.3% CAGR vs 2.5%).
Oil States International, Inc. is an American multinational corporation. It focuses on providing services to oil and gas companies. It is a public company listed on the New York Stock Exchange.
SAFE Investment Company Limited is a Chinese sovereign wealth fund based in Hong Kong.
OIS vs SAFE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $178.5M | $97.9M |
| Net Profit | $-117.2M | $27.9M |
| Gross Margin | 10.9% | 98.6% |
| Operating Margin | -63.7% | 27.4% |
| Net Margin | -65.7% | 28.5% |
| Revenue YoY | 8.4% | 6.5% |
| Net Profit YoY | -873.2% | 7.1% |
| EPS (diluted) | $-1.99 | $0.38 |
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.
| Q4 25 | $178.5M | $97.9M | ||
| Q3 25 | $165.2M | $96.2M | ||
| Q2 25 | $165.4M | $93.8M | ||
| Q1 25 | $159.9M | $97.7M | ||
| Q4 24 | $164.6M | $91.9M | ||
| Q3 24 | $174.3M | $90.7M | ||
| Q2 24 | $186.4M | $89.9M | ||
| Q1 24 | $167.3M | $93.2M |
| Q4 25 | $-117.2M | $27.9M | ||
| Q3 25 | $1.9M | $29.3M | ||
| Q2 25 | $2.8M | $27.9M | ||
| Q1 25 | $3.2M | $29.4M | ||
| Q4 24 | $15.2M | $26.0M | ||
| Q3 24 | $-14.3M | $19.3M | ||
| Q2 24 | $1.3M | $29.7M | ||
| Q1 24 | $-13.4M | $30.7M |
| Q4 25 | 10.9% | 98.6% | ||
| Q3 25 | 22.1% | 98.5% | ||
| Q2 25 | 24.2% | 99.1% | ||
| Q1 25 | 23.3% | 98.8% | ||
| Q4 24 | 23.7% | 98.8% | ||
| Q3 24 | 21.7% | 98.8% | ||
| Q2 24 | 23.8% | 98.8% | ||
| Q1 24 | 21.1% | 98.8% |
| Q4 25 | -63.7% | 27.4% | ||
| Q3 25 | 2.9% | 25.9% | ||
| Q2 25 | 3.2% | 25.5% | ||
| Q1 25 | 3.5% | 25.9% | ||
| Q4 24 | 11.2% | 24.6% | ||
| Q3 24 | -6.3% | 17.5% | ||
| Q2 24 | 1.1% | 26.7% | ||
| Q1 24 | -6.7% | 26.4% |
| Q4 25 | -65.7% | 28.5% | ||
| Q3 25 | 1.2% | 30.5% | ||
| Q2 25 | 1.7% | 29.8% | ||
| Q1 25 | 2.0% | 30.1% | ||
| Q4 24 | 9.2% | 28.3% | ||
| Q3 24 | -8.2% | 21.3% | ||
| Q2 24 | 0.7% | 33.0% | ||
| Q1 24 | -8.0% | 33.0% |
| Q4 25 | $-1.99 | $0.38 | ||
| Q3 25 | $0.03 | $0.41 | ||
| Q2 25 | $0.05 | $0.39 | ||
| Q1 25 | $0.05 | $0.41 | ||
| Q4 24 | $0.24 | $0.36 | ||
| Q3 24 | $-0.23 | $0.27 | ||
| Q2 24 | $0.02 | $0.42 | ||
| Q1 24 | $-0.21 | $0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $69.9M | $21.7M |
| Total DebtLower is stronger | $1.7M | $4.6B |
| Stockholders' EquityBook value | $573.2M | $2.4B |
| Total Assets | $883.4M | $7.2B |
| Debt / EquityLower = less leverage | 0.00× | 1.90× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $69.9M | $21.7M | ||
| Q3 25 | $67.1M | $12.1M | ||
| Q2 25 | $53.9M | $13.9M | ||
| Q1 25 | $66.8M | $17.3M | ||
| Q4 24 | $65.4M | $8.3M | ||
| Q3 24 | $46.0M | $15.6M | ||
| Q2 24 | $25.2M | $13.4M | ||
| Q1 24 | $24.1M | $11.3M |
| Q4 25 | $1.7M | $4.6B | ||
| Q3 25 | $1.9M | $4.5B | ||
| Q2 25 | $1.9M | $4.4B | ||
| Q1 25 | $124.7M | $4.3B | ||
| Q4 24 | $124.7M | $4.3B | ||
| Q3 24 | $124.6M | $4.3B | ||
| Q2 24 | $124.3M | $4.2B | ||
| Q1 24 | $135.6M | $4.1B |
| Q4 25 | $573.2M | $2.4B | ||
| Q3 25 | $689.0M | $2.4B | ||
| Q2 25 | $690.6M | $2.4B | ||
| Q1 25 | $683.4M | $2.4B | ||
| Q4 24 | $680.7M | $2.3B | ||
| Q3 24 | $684.8M | $2.3B | ||
| Q2 24 | $690.4M | $2.3B | ||
| Q1 24 | $692.3M | $2.3B |
| Q4 25 | $883.4M | $7.2B | ||
| Q3 25 | $1.0B | $7.1B | ||
| Q2 25 | $993.7M | $7.1B | ||
| Q1 25 | $990.7M | $6.9B | ||
| Q4 24 | $1.0B | $6.9B | ||
| Q3 24 | $994.1M | $6.8B | ||
| Q2 24 | $1.0B | $6.8B | ||
| Q1 24 | $1.0B | $6.7B |
| Q4 25 | 0.00× | 1.90× | ||
| Q3 25 | 0.00× | 1.89× | ||
| Q2 25 | 0.00× | 1.87× | ||
| Q1 25 | 0.18× | 1.85× | ||
| Q4 24 | 0.18× | 1.84× | ||
| Q3 24 | 0.18× | 1.88× | ||
| Q2 24 | 0.18× | 1.81× | ||
| Q1 24 | 0.20× | 1.81× |
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 | $50.1M | $47.8M |
| Free Cash FlowOCF − Capex | $47.1M | — |
| FCF MarginFCF / Revenue | 26.4% | — |
| Capex IntensityCapex / Revenue | 1.7% | — |
| Cash ConversionOCF / Net Profit | — | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $73.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $50.1M | $47.8M | ||
| Q3 25 | $30.7M | $-1.4M | ||
| Q2 25 | $15.0M | $28.0M | ||
| Q1 25 | $9.3M | $8.9M | ||
| Q4 24 | $18.2M | $37.9M | ||
| Q3 24 | $28.8M | $8.3M | ||
| Q2 24 | $10.2M | $24.8M | ||
| Q1 24 | $-11.4M | $-3.1M |
| Q4 25 | $47.1M | — | ||
| Q3 25 | $22.0M | — | ||
| Q2 25 | $4.7M | — | ||
| Q1 25 | $137.0K | — | ||
| Q4 24 | $4.0M | — | ||
| Q3 24 | $21.4M | — | ||
| Q2 24 | $4.5M | — | ||
| Q1 24 | $-21.5M | — |
| Q4 25 | 26.4% | — | ||
| Q3 25 | 13.3% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 12.3% | — | ||
| Q2 24 | 2.4% | — | ||
| Q1 24 | -12.8% | — |
| Q4 25 | 1.7% | — | ||
| Q3 25 | 5.3% | — | ||
| Q2 25 | 6.2% | — | ||
| Q1 25 | 5.7% | — | ||
| Q4 24 | 8.6% | — | ||
| Q3 24 | 4.3% | — | ||
| Q2 24 | 3.1% | — | ||
| Q1 24 | 6.0% | — |
| Q4 25 | — | 1.72× | ||
| Q3 25 | 16.15× | -0.05× | ||
| Q2 25 | 5.33× | 1.00× | ||
| Q1 25 | 2.94× | 0.30× | ||
| Q4 24 | 1.20× | 1.45× | ||
| Q3 24 | — | 0.43× | ||
| Q2 24 | 7.87× | 0.83× | ||
| Q1 24 | — | -0.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OIS
| Project Driven | $112.6M | 63% |
| Downhole Technologies | $32.1M | 18% |
| Completion And Production Services | $23.1M | 13% |
| Military And Other Products | $10.7M | 6% |
SAFE
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $60.3M | 62% |
| Other | $33.7M | 34% |
| Stabilized Properties | $3.8M | 4% |
