Oceaneering International
OII
43.70
-1.27
-2.82%
Oceaneering International
US · OII
#2193 by market cap
Listed 1970
43.70
-1.27
-2.82%
Live - 5344 symbols - heartbeat 369s ago
· 2026-10-08 05:49
Pre-market
41.53
-4.97%
After-hours
43.70
0.00%
- Market cap
- 4.35B
- P/E (TTM)i
- 12.63
- P/Bi
- 3.74
- EPSi
- 3.49
- Div yieldi
- 0.00%
- 52W posi
- 67%
Reader sentiment
Are you bullish or bearish on OII?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 4.41, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +4.62% YoY
Margins
- Gross margin
- 20.42%
- Operating margin
- 10.94%
- Net margin
- 12.71%
Key ratios & quality
- Enterprise valuei
- 4.27B
- PEG ratioi
- 0.09
- Altman Z-Scorei
- 4.41
PEG uses trailing P/E against the 3-year net income growth rate (138.91%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.91B | 2.05B | 1.83B | 1.87B | 2.07B | 2.42B | 2.66B | 2.78B |
| Gross profit | 129.23M | 98.24M | 163.94M | 264.07M | 307.38M | 398.97M | 485.49M | 568.44M |
| Selling & admin expenses | 198.26M | 214.89M | 195.70M | 224.27M | 196.51M | 217.64M | 239.22M | 263.89M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | -69.03M | -116.65M | -31.75M | 39.80M | 110.86M | 181.33M | 246.27M | 304.55M |
| Pretax profit | -185.83M | -330.82M | -498.90M | -5.71M | 79.05M | 161.06M | 224.92M | 285.90M |
| Tax | 26.49M | 17.62M | -2.15M | 43.60M | 53.11M | 63.65M | 77.45M | -67.86M |
| Net profit | -212.33M | -348.44M | -496.75M | -49.31M | 25.94M | 97.40M | 147.47M | 353.76M |
| Basic EPS | -2 | -4 | -5 | 0 | 0 | 1 | 1 | 4 |
| Diluted EPS | -2.16 | -3.52 | -5.01 | -0.49 | 0.26 | 0.95 | 1.44 | 3.49 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 674.52M | 698.16M | 742.90M | 668.57M | 692.43M | 768.18M |
| Gross profit | 135.01M | 148.43M | 152.73M | 132.27M | 127.27M | 156.98M |
| Selling & admin expenses | 61.54M | 69.24M | 66.22M | 66.89M | 69.48M | 68.75M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 73.47M | 79.19M | 86.51M | 65.38M | 57.79M | 88.24M |
| Pretax profit | 69.38M | 78.42M | 79.91M | 58.20M | 54.83M | 86.08M |
| Tax | 19.00M | 23.97M | 8.62M | -119.45M | 18.72M | 22.50M |
| Net profit | 50.38M | 54.44M | 71.29M | 177.65M | 36.11M | 63.58M |
| Basic EPS | 1 | 1 | 1 | 2 | 0 | 1 |
| Diluted EPS | 0.49 | 0.54 | 0.71 | 1.76 | 0.36 | 0.65 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 1.24B | 1.24B | 1.17B | 1.19B | 1.30B | 1.31B | 1.39B | 1.51B |
| Cash & ST investments | 364.44M | 383.83M | 462.20M | 544.53M | 575.11M | 461.57M | 504.52M | 695.87M |
| Inventory | 194.51M | 174.74M | 141.24M | 153.68M | 184.38M | 209.80M | 222.85M | 201.60M |
| Total assets | 2.82B | 2.74B | 2.05B | 1.96B | 2.03B | 2.24B | 2.34B | 2.67B |
| Total current liabilities | 494.74M | 600.96M | 437.12M | 501.16M | 568.41M | 732.48M | 796.94M | 761.73M |
| Short-term debt | -- | 19.86M | 18.80M | 18.78M | 19.58M | 78.12M | 131.42M | 128.45M |
| Long-term debt | 786.58M | 796.52M | 794.38M | 695.50M | 696.60M | 477.06M | 482.01M | 487.42M |
| Total liabilities | 1,409,700,000.00 | 1,665,254,000.00 | 1,487,685,000.00 | 1,451,835,000.00 | 1,505,879,000.00 | 1,604,923,000.00 | 1,616,025,000.00 | 1,590,591,000.00 |
| Total equity | 1.42B | 1.08B | 558.16M | 511.02M | 525.80M | 634.08M | 720.32M | 1.08B |
| Retained earnings | 2.20B | 1.85B | 1.35B | 1.30B | 1.33B | 1.43B | 1.57B | 1.93B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.34B | 1.39B | 1.50B | 1.51B | 1.52B | 1.58B |
| Cash & ST investments | 388.98M | 441.05M | 512.99M | 695.87M | 614.47M | 636.47M |
| Inventory | 220.78M | 226.59M | 218.15M | 201.60M | 208.23M | 197.73M |
| Total assets | 2.28B | 2.33B | 2.54B | 2.67B | 2.64B | 2.69B |
| Total current liabilities | 706.42M | 696.86M | 763.86M | 761.73M | 729.25M | 726.23M |
| Short-term debt | 131.38M | 114.50M | 127.43M | 128.45M | 128.81M | 114.37M |
| Long-term debt | 483.31M | 484.65M | 486.02M | 487.42M | 488.81M | 490.25M |
| Total liabilities | 1,495,895,000.00 | 1,479,458,000.00 | 1,625,587,000.00 | 1,590,591,000.00 | 1,530,440,000.00 | 1,520,054,000.00 |
| Total equity | 779.13M | 848.12M | 913.73M | 1.08B | 1.11B | 1.17B |
| Retained earnings | 1.62B | 1.68B | 1.75B | 1.93B | 1.96B | 2.03B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 36.57M | 157.57M | 136.65M | 225.31M | 120.88M | 209.96M | 203.21M | 318.86M |
| Depreciation & amortization | 293.59M | 263.43M | 528.90M | 139.72M | 120.97M | 104.96M | 103.44M | 102.26M |
| Free cash flow | -72.90M | 9.89M | 75.96M | 175.12M | 39.84M | 109.23M | 96.08M | 207.85M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | 0 | 0 | -20.05M | -40.27M |
| Ending cash balance | 354.26M | 373.66M | 452.02M | 538.11M | 568.75M | 461.57M | 497.52M | 688.87M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -80.72M | 77.19M | 101.26M | 221.13M | -59.12M | 55.21M |
| Depreciation & amortization | 24.45M | 25.40M | 26.12M | 26.28M | 27.17M | 27.43M |
| Free cash flow | -106.81M | 46.92M | 77.05M | 190.69M | -76.52M | 32.03M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -10.01M | -10.11M | -10.10M | -10.05M | 0 | -10.05M |
| Ending cash balance | 381.98M | 434.05M | 505.99M | 688.87M | 607.47M | 629.47M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -13.84 | -28.12 | -61.27 | -9.33 | 5.06 | 16.97 | 21.97 | 39.64 |
| ROA %i | -7.26 | -12.52 | -20.76 | -2.46 | 1.30 | 4.56 | 6.45 | 14.14 |
| ROIC %i | -8.26 | -15.16 | -25.57 | -1.57 | 3.73 | 7.69 | 10.80 | 21.17 |
| 5-year avg ROE %i | 7.13 | -3.12 | -18.23 | -20.42 | -21.50 | -15.34 | -5.32 | 14.86 |
| EBIT margin %i | -7.76 | -14.07 | -24.89 | 1.77 | 5.68 | 8.15 | 9.88 | 11.60 |
| FCF / sales %i | -- | 0.48 | 4.16 | 9.37 | 1.93 | 4.50 | 3.61 | 7.47 |
| Current ratioi | 2.52 | 2.07 | 2.68 | 2.37 | 2.28 | 1.78 | 1.74 | 1.99 |
| Quick ratioi | 2.00 | 1.71 | 2.24 | 1.94 | 1.86 | 1.40 | 1.36 | 1.60 |
| Debt / assetsi | 27.84 | 35.66 | 47.38 | 44.46 | 42.72 | 37.90 | 36.46 | 32.74 |
| LT debt / equityi | 55.82 | 89.54 | 172.15 | 169.12 | 163.24 | 122.69 | 100.85 | 69.56 |
| Interest coveragei | -3.92 | -6.75 | -10.36 | 0.85 | 3.07 | 5.41 | 6.93 | 8.73 |
| Revenue CAGR (3Y) %i | -14.57 | -3.39 | -1.65 | -0.71 | 0.29 | 9.88 | 12.49 | 10.45 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | 138.91 |
| FCF CAGR (3Y) %i | -- | -64.82 | 21.07 | -- | 59.14 | 12.87 | -18.13 | 73.44 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 26.17 | 27.08 | 28.92 | 39.64 | 36.12 | 34.90 |
| ROA %i | 8.11 | 8.73 | 9.49 | 14.14 | 13.81 | 13.96 |
| ROIC %i | 12.75 | 13.76 | 14.82 | 21.17 | 19.78 | 19.88 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 10.96 | 11.68 | 11.81 | 11.60 | 11.00 | 10.97 |
| FCF / sales %i | 3.09 | 3.68 | 3.95 | 7.47 | 8.50 | 7.77 |
| Current ratioi | 1.89 | 2.00 | 1.97 | 1.99 | 2.08 | 2.18 |
| Quick ratioi | 1.46 | 1.55 | 1.56 | 1.60 | 1.66 | 1.76 |
| Debt / assetsi | 36.61 | 34.55 | 35.44 | 32.74 | 32.11 | 30.58 |
| LT debt / equityi | 90.75 | 81.90 | 85.11 | 69.56 | 65.06 | 60.80 |
| Interest coveragei | 7.94 | 8.56 | 8.87 | 8.73 | 8.33 | 8.75 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Diversified
- Subsea Robotics is the largest reported line at 30.20% of revenue, across 5 reported segments.
- No single line clears half of revenue; Offshore Projects Group (OPG) is next at 23.80%, spreading the business across more than one real driver.
Revenue breakdown most recent period
Business
Subsea Robotics30.20%
Offshore Projects Group (OPG)23.80%
Manufactured Products19.40%
Aerospace and Defense Technologies (ADTech)17.37%
Integrity Management & Digital Solutions (IMDS)9.22%
Quote time 2026-10-08 05:49:00 · For reference only, not investment advice and not tailored to your situation.