APA Corporation (APA) vs Oceaneering International, Inc. (OII)

A side-by-side comparison of APA Corporation and Oceaneering International, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAPA vs OII

growth of $100 · dividends reinvested · last 10y
APA -0.4% (-0.0%/yr)OII +108.1% (+7.6%/yr)OII compounded faster over this window
050100150200Start $10020182020202220242026$100$208
APA OII

APA vs OII: by the numbers

  • APA is the larger company ($14.95B vs $4.59B market cap).
  • APA trades at the lower trailing earnings multiple (8.94 vs 13.25 P/E), one valuation lens rather than an overall verdict.
  • APA converts more revenue to profit (18.99% vs 12.19% net margin).
  • OII grew revenue faster over the past five years (9.80% vs 8.16% CAGR).
  • APA pays a dividend (2.24% yield), while OII is a former payer with no current dividend run rate.

Metrics side by side

Valuation

MetricAPAOII
P/E ratio8.9413.25
Forward P/E7.0822.49
P/S ratio1.691.60
P/B ratio2.133.93
EV / EBITDA5.6011.81
FCF yield14.10%4.86%

Profitability

MetricAPAOII
Gross margin38.77%19.82%
Operating margin30.83%10.37%
Net margin18.99%12.19%
ROE23.89%29.95%
ROIC4.28%15.18%

Dividends

MetricAPAOII
Dividend yield2.24%N/A
Payout ratio21.14%N/A

Growth (annualized)

MetricAPAOII
Revenue CAGR (5Y)8.16%9.80%
FCF CAGR (5Y)7.86%10.69%
Total return CAGR (5Y)22.71%32.70%

Frequently asked

Which has the lower trailing P/E, APA or OII?
APA has the lower trailing P/E: APA trades at 8.94 and OII at 13.25. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, APA or OII?
Over the past five years, OII grew revenue faster — APA at a 8.16% CAGR versus OII at 9.80%.
Does APA or OII pay a bigger dividend?
APA pays a dividend (2.24% yield), while OII is a former payer with no current dividend run rate.
Is APA or OII more profitable?
APA runs the higher net margin — APA at 18.99% versus OII at 12.19%.
How have APA and OII total returns compared?
Over the past 10 years, APA delivered -0.30% and OII delivered 7.45% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.