Oceaneering International (OII) vs Cactus (WHD)
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 Cactus (WHD) over the past year, gaining 84.1% versus a gain of 72.5%. Over five years, OII leads with a +191.6% price change compared with +50.4% for WHD. Oceaneering International is the larger company by market cap ($4.47 billion vs $4.45 billion), about 1.0 times the size.
On valuation, Cactus trades at a lower forward P/E (17.5x vs 19.4x for Oceaneering International). Cactus pays a dividend yielding 0.88%, while Oceaneering International does not currently pay one. Cactus converts more of its revenue into profit, with a net margin of 15.4% versus 12.7%.
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 | OII | WHD |
|---|---|---|
| Share price | $44.93 | $63.83 |
| Market cap | $4.47B | $4.45B |
| 1-day change | +0.77% | +0.96% |
| YTD return | +85.52% | +38.40% |
| 1-year return | +84.14% | +72.54% |
| 5-year return | +191.56% | +50.42% |
| P/E ratio (TTM) | 12.98 | 53.64 |
| Forward P/E | 19.37 | 17.48 |
| EPS (TTM) | $3.46 | $1.19 |
| Dividend yield | 0.00% | 0.88% |
| Annual dividend | $0.00 | $0.56 |
| Revenue (latest FY) | $2.78B | $1.08B |
| Revenue growth (YoY) | +4.62% | -4.49% |
| Net income (latest FY) | $353.76M | $166.01M |
| Gross margin | 20.42% | 37.02% |
| Operating margin | 10.94% | 23.21% |
| Net margin | 12.71% | 15.39% |
| 52-week high | $54.25 | $74.07 |
| 52-week low | $22.02 | $33.20 |
| Distance from 52-week high | -17.19% | -13.82% |
| Analyst consensus | none | buy |
| Avg. price target upside | +2.39% | +10.01% |
| Average volume | 973.35K | 771.28K |
| Shares outstanding | 99.53M | 69.73M |
| Employees | 11,100 | 1,500 |
| Sector | Energy | Consumer Discretionary |
| Industry | Oilfield Services/Equipment | Oil and Gas Field Machinery |
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 WHD by 11.6 percentage points over the past year.
- Cactus trades at a higher earnings multiple (53.6x vs 13.0x trailing P/E).
- Oceaneering International grew revenue faster in its latest fiscal year (+4.62% vs -4.49%).
- The two companies sit in different sectors: Oceaneering International in Energy and Cactus in Consumer Discretionary.
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
About Cactus
WHD stock →Cactus, Inc., together with its subsidiaries, designs, manufactures, sells, and rents engineered pressure control and spoolable pipe technologies in the United States, Australia, Canada, the Middle East, and internationally. The company operates in two segments: Pressure Control and Spoolable Technologies.
Consumer Discretionary · Oil and Gas Field Machinery · 1,500 employees
OII vs WHD FAQ
Which is bigger, Oceaneering International or Cactus?
Oceaneering International (OII) is larger, with a market capitalization of $4.47B compared with $4.45B for Cactus (WHD).
Which stock has performed better over the past year, OII or WHD?
OII returned +84.14% over the past 12 months, compared with +72.54% for WHD (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, OII or WHD?
OII has the lower trailing P/E at 13.0, versus 53.6 for WHD. 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, Oceaneering International or Cactus?
Cactus pays a dividend yielding 0.88%, while Oceaneering International does not currently pay a regular dividend.
Are Oceaneering International and Cactus in the same industry?
No. Oceaneering International is in the Energy sector, while Cactus is in Consumer Discretionary.