NOV (NOV) vs Oceaneering International (OII)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Oceaneering International (OII) has outperformed NOV (NOV) over the past year, gaining 90.8% versus a gain of 39.0%. Over five years, OII leads with a +193.1% price change compared with +26.7% for NOV. NOV is the larger company by market cap ($6.76 billion vs $4.46 billion), about 1.5 times the size, while Oceaneering International is growing revenue faster (+4.6% vs -1.4%).
On valuation, NOV trades at a lower forward P/E (14.8x vs 19.3x for Oceaneering International). NOV pays a dividend yielding 1.74%, while Oceaneering International does not currently pay one. Oceaneering International converts more of its revenue into profit, with a net margin of 12.7% versus 1.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NOV | OII |
|---|---|---|
| Share price | $18.97 | $44.81 |
| Market cap | $6.76B | $4.46B |
| 1-day change | -0.11% | +0.52% |
| YTD return | +21.50% | +86.48% |
| 1-year return | +39.02% | +90.84% |
| 5-year return | +26.68% | +193.07% |
| P/E ratio (TTM) | 70.26 | 12.95 |
| Forward P/E | 14.79 | 19.32 |
| EPS (TTM) | $0.27 | $3.46 |
| Dividend yield | 1.74% | 0.00% |
| Annual dividend | $0.33 | $0.00 |
| Revenue (latest FY) | $8.74B | $2.78B |
| Revenue growth (YoY) | -1.42% | +4.62% |
| Net income (latest FY) | $145.00M | $353.76M |
| Gross margin | 20.21% | 20.42% |
| Operating margin | 5.65% | 10.94% |
| Net margin | 1.66% | 12.71% |
| 52-week high | $21.93 | $54.25 |
| 52-week low | $12.38 | $22.02 |
| Distance from 52-week high | -13.50% | -17.40% |
| Analyst consensus | buy | none |
| Avg. price target upside | +16.66% | +2.66% |
| Average volume | 3.35M | 976.42K |
| Shares outstanding | 356.48M | 99.53M |
| Employees | 31,605 | 11,100 |
| Sector | Consumer Discretionary | Energy |
| Industry | Oil and Gas Field Machinery | Oilfield Services/Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- OII has outperformed NOV by 51.8 percentage points over the past year.
- NOV trades at a higher earnings multiple (70.3x vs 13.0x trailing P/E).
- NOV offers a meaningfully higher dividend yield (1.74% vs 0.00%).
- Oceaneering International is more profitable, keeping 12.7 cents of every revenue dollar as net income versus 1.7 cents for NOV.
- Oceaneering International grew revenue faster in its latest fiscal year (+4.62% vs -1.42%).
- The two companies sit in different sectors: NOV in Consumer Discretionary and Oceaneering International in Energy.
About NOV
NOV stock →NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally.
Consumer Discretionary · Oil and Gas Field Machinery · 31,605 employees
About Oceaneering International
OII stock →Oceaneering International, Inc. provides engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries in the United States, Africa, the United Kingdom, Norway, Brazil, Asia, Australia, and internationally.
Energy · Oilfield Services/Equipment · 11,100 employees
NOV vs OII FAQ
Which is bigger, NOV or Oceaneering International?
NOV (NOV) is larger, with a market capitalization of $6.76B compared with $4.46B for Oceaneering International (OII).
Which stock has performed better over the past year, NOV or OII?
OII returned +90.84% over the past 12 months, compared with +39.02% for NOV (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NOV or OII?
OII has the lower trailing P/E at 13.0, versus 70.3 for NOV. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, NOV or Oceaneering International?
NOV pays a dividend yielding 1.74%, while Oceaneering International does not currently pay a regular dividend.
Are NOV and Oceaneering International in the same industry?
No. NOV is in the Consumer Discretionary sector, while Oceaneering International is in Energy.