ONEW vs. OII
ONEW (OneWater Marine Inc.) and OII (Oceaneering International, Inc.) are both stocks. ONEW operates in Recreational Vehicles (Consumer Cyclical), while OII operates in Oil & Gas Equipment & Services (Energy). Over the past 5 years, ONEW returned -22.82%/yr vs 16.53%/yr for OII. At a 0.26 correlation, their price movements are largely independent.
Performance
ONEW vs. OII - Performance Comparison
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Returns By Period
In the year-to-date period, ONEW achieves a 5.55% return, which is significantly lower than OII's 50.60% return.
ONEW
- 1D
- 0.79%
- 1M
- 5.74%
- YTD
- 5.55%
- 6M
- 6.63%
- 1Y
- -17.49%
- 3Y*
- -30.36%
- 5Y*
- -22.82%
- 10Y*
- —
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%
ONEW vs. OII - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ONEW OneWater Marine Inc. | 5.55% | -37.74% | -48.56% | 18.15% | -53.09% | 118.80% | 93.68% |
OII Oceaneering International, Inc. | 50.60% | -7.86% | 22.56% | 21.67% | 54.64% | 42.26% | -42.18% |
Correlation
The correlation between ONEW and OII is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2020 | 0.26 |
Fundamentals
ONEW:
$189.73M
OII:
$3.64B
ONEW:
-$7.45
OII:
$3.36
ONEW:
0.10
OII:
1.30
ONEW:
0.70
OII:
3.27
ONEW:
$1.84B
OII:
$2.80B
ONEW:
$422.27M
OII:
$560.70M
ONEW:
-$103.60M
OII:
$380.02M
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Return for Risk
ONEW vs. OII — Risk / Return Rank
ONEW
OII
ONEW vs. OII - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for OneWater Marine Inc. (ONEW) and Oceaneering International, Inc. (OII). 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.
| ONEW | OII | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.95 | ||
| Sortino ratioReturn per unit of downside risk | -2.39 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.27 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 4.58 | -4.92 |
| Martin ratioReturn relative to average drawdown | -0.61 | 11.00 | -11.61 |
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Drawdowns
ONEW vs. OII - Drawdown Comparison
The maximum ONEW drawdown since its inception was -86.30%, smaller than the maximum OII drawdown of -97.37%. Use the drawdown chart below to compare losses from any high point for ONEW and OII.
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Drawdown Indicators
| ONEW | OII | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.30% | -97.37% | +11.07% |
Max Drawdown (1Y)Largest decline over 1 year | -52.18% | -15.27% | -36.91% |
Max Drawdown (3Y)Largest decline over 3 years | -78.18% | -47.84% | -30.34% |
Max Drawdown (5Y)Largest decline over 5 years | -86.30% | -58.64% | -27.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -93.29% | — |
Current DrawdownCurrent decline from peak | -81.27% | -54.20% | -27.07% |
Average DrawdownAverage peak-to-trough decline | -46.42% | -38.54% | -7.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.66% | 6.36% | +22.30% |
Volatility
ONEW vs. OII - Volatility Comparison
OneWater Marine Inc. (ONEW) has a higher volatility of 15.50% compared to Oceaneering International, Inc. (OII) at 13.14%. This indicates that ONEW's price experiences larger fluctuations and is considered to be riskier than OII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ONEW | OII | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.50% | 13.14% | +2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 42.99% | 33.40% | +9.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.92% | 42.67% | +14.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.02% | 51.27% | +3.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.85% | 62.88% | +1.97% |
Dividends
ONEW vs. OII - Dividend Comparison
Neither ONEW nor OII has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ONEW OneWater Marine Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ONEW vs. OII - Financials Comparison
This section allows you to compare key financial metrics between OneWater Marine Inc. and Oceaneering International, 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
ONEW vs. OII - Profitability Comparison
ONEW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, OneWater Marine Inc. reported a gross profit of 105.53M and revenue of 442.29M. Therefore, the gross margin over that period was 23.9%.
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%.
ONEW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, OneWater Marine Inc. reported an operating income of 7.64M and revenue of 442.29M, resulting in an operating margin of 1.7%.
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%.
ONEW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, OneWater Marine Inc. reported a net income of -12.90M and revenue of 442.29M, resulting in a net margin of -2.9%.
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%.
Frequently Asked Questions
ONEW and OII have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ONEW has higher volatility (15.50%) compared to OII (13.14%). In terms of maximum drawdown, ONEW dropped -86.30% vs OII's -97.37%.
OII currently has the higher Sharpe Ratio (1.64 vs -0.31), 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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