NOV Inc. (NOV) vs Oceaneering International, Inc. (OII)

NOV Inc. and Oceaneering International, Inc. are both Oil & Gas Equipment & Services companies. NOV Inc. is the larger, with a market value of $6.2B against $3.4B — 1.8× the size. Oceaneering International, Inc. trades at the lower P/E: 10.4× against 41.9×. Oceaneering International, Inc. grew revenue faster over the last twelve months: 2.99% against −0.98%. Oceaneering International, Inc. has the higher net margin (11.4% vs 1.65%) and the higher return on invested capital (19.3% vs 4.26%). Across the 21 metrics below, Oceaneering International, Inc. leads on 14 and NOV Inc. on 7.

Valuation

Metric NOV OII Oil & Gas Equipment & Services median
P/E 41.94 10.39 20.53
P/S 0.72 1.17 1.08
P/B 0.99 2.77 1.64
Price to free cash flow 19.29 11.76 12.36
EV/EBITDA 7.54 8.00 8.00
EV/Sales 0.79 1.13 1.29
Earnings yield 2.38% 9.63% 3.88%
Free cash flow yield 5.18% 8.50% 5.18%

Profitability

Metric NOV OII Oil & Gas Equipment & Services median
Gross margin 20.73% 19.94% 22.88%
Operating margin 5.46% 10.42% 7.44%
Net margin 1.65% 11.37% 4.12%
Free cash flow margin 3.72% 9.92% 3.10%
Return on equity 2.26% 30.96% 5.46%
Return on assets 1.27% 12.47% 2.63%
Return on invested capital 4.26% 19.29% 4.26%

Growth

Metric NOV OII Oil & Gas Equipment & Services median
Revenue growth (TTM) (0.98%) 2.99% 4.65%
EPS growth (last fiscal year) (75.63%) 142.36% (13.00%)
Revenue growth, 5-year CAGR 7.50% 8.78% 12.57%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NOV OII Oil & Gas Equipment & Services median
Debt to equity 0.27 0.40 0.44
Current ratio 2.51 2.20 2.04
Net debt to EBITDA 0.18 (0.50) 1.12

Dividend

Metric NOV OII Oil & Gas Equipment & Services median
Dividend yield 1.98% — 1.49%
Payout ratio 0.83 — 0.36

Size

Metric NOV OII Oil & Gas Equipment & Services median
Market cap 6.20b 3.38b 1.44b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack