OII vs. MATX
OII (Oceaneering International, Inc.) and MATX (Matson, Inc.) are both stocks. OII operates in Oil & Gas Equipment & Services (Energy), while MATX operates in Marine Shipping (Industrials). Over the past 10 years, OII returned 2.12%/yr vs 21.65%/yr for MATX. At a 0.28 correlation, their price movements are largely independent.
Performance
OII vs. MATX - Performance Comparison
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Returns By Period
In the year-to-date period, OII achieves a 50.60% return, which is significantly lower than MATX's 59.98% return. Over the past 10 years, OII has underperformed MATX with an annualized return of 2.12%, while MATX has yielded a comparatively higher 21.65% 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%
MATX
- 1D
- 2.92%
- 1M
- 8.24%
- YTD
- 59.98%
- 6M
- 60.54%
- 1Y
- 81.08%
- 3Y*
- 40.11%
- 5Y*
- 27.24%
- 10Y*
- 21.65%
OII vs. MATX - 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% |
MATX Matson, Inc. | 59.98% | -7.21% | 24.30% | 78.20% | -29.53% | 60.35% | 43.05% | 30.32% | 9.78% | -13.51% |
Correlation
The correlation between OII and MATX is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.28 |
Fundamentals
OII:
$3.64B
MATX:
$6.02B
OII:
$3.36
MATX:
$13.63
OII:
10.76
MATX:
14.44
OII:
0.11
MATX:
2.41
OII:
1.30
MATX:
1.87
OII:
3.27
MATX:
2.21
OII:
$2.80B
MATX:
$3.32B
OII:
$560.70M
MATX:
$610.50M
OII:
$380.02M
MATX:
$712.90M
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Return for Risk
OII vs. MATX — Risk / Return Rank
OII
MATX
OII vs. MATX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oceaneering International, Inc. (OII) and Matson, Inc. (MATX). 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 | MATX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.38 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.58 | 3.39 | +1.19 |
| Martin ratioReturn relative to average drawdown | 11.00 | 10.47 | +0.52 |
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Drawdowns
OII vs. MATX - Drawdown Comparison
The maximum OII drawdown since its inception was -97.37%, which is greater than MATX's maximum drawdown of -71.40%. Use the drawdown chart below to compare losses from any high point for OII and MATX.
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Drawdown Indicators
| OII | MATX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.37% | -71.40% | -25.97% |
Max Drawdown (1Y)Largest decline over 1 year | -15.27% | -24.05% | +8.78% |
Max Drawdown (3Y)Largest decline over 3 years | -47.84% | -46.90% | -0.94% |
Max Drawdown (5Y)Largest decline over 5 years | -58.64% | -53.63% | -5.01% |
Max Drawdown (10Y)Largest decline over 10 years | -93.29% | -53.63% | -39.66% |
Current DrawdownCurrent decline from peak | -54.20% | -2.53% | -51.67% |
Average DrawdownAverage peak-to-trough decline | -38.54% | -33.30% | -5.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.36% | 7.77% | -1.41% |
Volatility
OII vs. MATX - Volatility Comparison
Oceaneering International, Inc. (OII) has a higher volatility of 13.14% compared to Matson, Inc. (MATX) at 8.68%. This indicates that OII's price experiences larger fluctuations and is considered to be riskier than MATX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OII | MATX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.14% | 8.68% | +4.46% |
Volatility (6M)Calculated over the trailing 6-month period | 33.40% | 24.96% | +8.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.67% | 36.43% | +6.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.27% | 39.76% | +11.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.88% | 42.23% | +20.65% |
Dividends
OII vs. MATX - Dividend Comparison
OII has not paid dividends to shareholders, while MATX's dividend yield for the trailing twelve months is around 0.73%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MATX Matson, Inc. | 0.73% | 1.13% | 0.98% | 1.15% | 1.95% | 1.18% | 1.58% | 2.11% | 2.56% | 2.61% | 2.09% | 1.64% |
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. MATX - Financials Comparison
This section allows you to compare key financial metrics between Oceaneering International, Inc. and Matson, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
OII vs. MATX - Profitability Comparison
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%.
MATX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Matson, Inc. reported a gross profit of 0.00 and revenue of 757.80M. Therefore, the gross margin over that period was 0.0%.
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%.
MATX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Matson, Inc. reported an operating income of 61.40M and revenue of 757.80M, resulting in an operating margin of 8.1%.
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%.
MATX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Matson, Inc. reported a net income of 56.60M and revenue of 757.80M, resulting in a net margin of 7.5%.
Frequently Asked Questions
OII and MATX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OII has higher volatility (13.14%) compared to MATX (8.68%). In terms of maximum drawdown, OII dropped -97.37% vs MATX's -71.40%.
MATX currently has the higher Sharpe Ratio (2.24 vs 1.64), 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.
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