OII vs. CPRI

Last updated Jun 23, 2026

OII (Oceaneering International, Inc.) and CPRI (Capri Holdings Limited) are both stocks. OII operates in Oil & Gas Equipment & Services (Energy), while CPRI operates in Apparel Manufacturing (Consumer Cyclical). Over the past 10 years, OII returned 2.12%/yr vs -8.56%/yr for CPRI. At a 0.32 correlation, their price movements are largely independent.

Performance

OII vs. CPRI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oceaneering International, Inc. (OII) and Capri Holdings Limited (CPRI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OII achieves a 50.60% return, which is significantly higher than CPRI's -20.25% return. Over the past 10 years, OII has outperformed CPRI with an annualized return of 2.12%, while CPRI has yielded a comparatively lower -8.56% annualized return.

OII

• 1D: 0.36%
• 1M: -6.65%
• YTD: 50.60%
• 6M: 45.69%
• 1Y: 69.59%
• 3Y*: 28.31%
• 5Y*: 16.53%
• 10Y*: 2.12%

CPRI

• 1D: -4.23%
• 1M: 5.30%
• YTD: -20.25%
• 6M: -22.96%
• 1Y: 15.70%
• 3Y*: -18.40%
• 5Y*: -18.63%
• 10Y*: -8.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

OII vs. CPRI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OII Oceaneering International, Inc.	50.60%	-7.86%	22.56%	21.67%	54.64%	42.26%	-46.68%	23.22%	-42.76%	-23.73%
CPRI Capri Holdings Limited	-20.25%	15.86%	-58.08%	-12.35%	-11.69%	54.55%	10.09%	0.61%	-39.76%	46.46%

Correlation

The correlation between OII and CPRI is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Dec 15, 2011	0.32

The correlation between OII and CPRI shifts across timeframes, from 0.21 (3 years) to 0.34 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap OII : $3.64B CPRI : $2.31B
EPS OII : $3.36 CPRI : $1.19
PE Ratio OII : 10.76 CPRI : 16.37
PS Ratio OII : 1.30 CPRI : 0.67
PB Ratio OII : 3.27 CPRI : 28.90
Total Revenue (TTM) OII : $2.80B CPRI : $3.47B
Gross Profit (TTM) OII : $560.70M CPRI : $2.16B
EBITDA (TTM) OII : $380.02M CPRI : $137.00M

Return for Risk

OII vs. CPRI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OII

OII Risk / Return Rank: 85
OII Sharpe Ratio Rank: 84
OII Sortino Ratio Rank: 81
OII Omega Ratio Rank: 77
OII Calmar Ratio Rank: 91
OII Martin Ratio Rank: 89

CPRI

CPRI Risk / Return Rank: 52
CPRI Sharpe Ratio Rank: 54
CPRI Sortino Ratio Rank: 51
CPRI Omega Ratio Rank: 50
CPRI Calmar Ratio Rank: 52
CPRI Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OII vs. CPRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oceaneering International, Inc. (OII) and Capri Holdings Limited (CPRI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	OII	CPRI	Difference
Sharpe ratio: Return per unit of total volatility	1.64	0.32	+1.32
Sortino ratio: Return per unit of downside risk	2.31	0.83	+1.48
Omega ratio: Gain probability vs. loss probability	1.27	1.10	+0.17
Calmar ratio: Return relative to maximum drawdown	4.58	0.40	+4.18
Martin ratio: Return relative to average drawdown	11.00	0.80	+10.20

OII vs. CPRI - Sharpe Ratio Comparison

The current OII Sharpe Ratio is 1.64, which is higher than the CPRI Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of OII and CPRI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OII vs. CPRI - Drawdown Comparison

The maximum OII drawdown since its inception was -97.37%, which is greater than CPRI's maximum drawdown of -92.47%. Use the drawdown chart below to compare losses from any high point for OII and CPRI.

Drawdown Indicators

	OII	CPRI	Difference
Max Drawdown Largest peak-to-trough decline	-97.37%	-92.47%	-4.90%
Max Drawdown (1Y) Largest decline over 1 year	-15.27%	-39.30%	+24.03%
Max Drawdown (3Y) Largest decline over 3 years	-47.84%	-76.85%	+29.01%
Max Drawdown (5Y) Largest decline over 5 years	-58.64%	-82.36%	+23.72%
Max Drawdown (10Y) Largest decline over 10 years	-93.29%	-90.03%	-3.26%
Current Drawdown Current decline from peak	-54.20%	-80.51%	+26.31%
Average Drawdown Average peak-to-trough decline	-38.54%	-47.59%	+9.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.36%	19.69%	-13.33%

Volatility

OII vs. CPRI - Volatility Comparison

The current volatility for Oceaneering International, Inc. (OII) is 13.14%, while Capri Holdings Limited (CPRI) has a volatility of 15.96%. This indicates that OII experiences smaller price fluctuations and is considered to be less risky than CPRI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OII	CPRI	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.14%	15.96%	-2.82%
Volatility (6M) Calculated over the trailing 6-month period	33.40%	33.14%	+0.26%
Volatility (1Y) Calculated over the trailing 1-year period	42.67%	49.22%	-6.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.27%	59.55%	-8.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.88%	58.61%	+4.27%

Dividends

OII vs. CPRI - Dividend Comparison

Neither OII nor CPRI has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CPRI Capri Holdings Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OII Oceaneering International, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.13%	3.40%	2.88%

Financials

OII vs. CPRI - Profitability Comparison

The chart below illustrates the profitability comparison between Oceaneering International, Inc. and Capri Holdings Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OII - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Oceaneering International, Inc. reported a gross profit of 127.27M and revenue of 692.43M. Therefore, the gross margin over that period was 18.4%.

CPRI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Capri Holdings Limited reported a gross profit of 516.00M and revenue of 796.00M. Therefore, the gross margin over that period was 64.8%.

OII - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Oceaneering International, Inc. reported an operating income of 57.79M and revenue of 692.43M, resulting in an operating margin of 8.4%.

CPRI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Capri Holdings Limited reported an operating income of -27.00M and revenue of 796.00M, resulting in an operating margin of -3.4%.

OII - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Oceaneering International, Inc. reported a net income of 36.11M and revenue of 692.43M, resulting in a net margin of 5.2%.

CPRI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Capri Holdings Limited reported a net income of 1.00M and revenue of 796.00M, resulting in a net margin of 0.1%.

Frequently Asked Questions

Can I hold both OII and CPRI in my portfolio?

OII and CPRI have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OII or CPRI?

CPRI has higher volatility (15.96%) compared to OII (13.14%). In terms of maximum drawdown, OII dropped -97.37% vs CPRI's -92.47%.

Which has better risk-adjusted returns?

OII currently has the higher Sharpe Ratio (1.64 vs 0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.