Oceaneering International, Inc. OII R2K

Energy · Oil & Gas Equipment & Services · United States

https://www.oceaneering.com

Oceaneering International, Inc. provides engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries in the United States, Africa, the United Kingdom, Norway, Brazil, Asia, Australia, and internationally. It operates through five segments: Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies. The Subsea Robotics segment offers remotely operated vehicles (ROVs) for drill support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair; ROV tooling; and survey services comprising hydrographic survey and positioning services and autonomous underwater vehicles for geoscience. Its Manufactured Products segment provides distribution and connection systems, such as production control umbilicals and field development hardware and pipeline connection and repair systems; connectors and subsea and topside control valves primarily to the energy industry; and autonomous mobile robotic technology to various industries. The Offshore Projects Group segment offers subsea installation and intervention, including riserless light well intervention services, inspection, maintenance and repair services; installation and workover control systems and ROV workover control systems; diving services; project management and engineering; and drill pipe riser services and systems and wellhead load relief solutions. Its Integrity Management & Digital Solution segment provides asset integrity management services, as well as software, digital, and connectivity solutions for the energy industry. The Aerospace and Defense Technologies segment offers services and products, such as engineering and related manufacturing in defense and space exploration activities. The company was founded in 1964 and is headquartered in Houston, Texas.

Market & Price

Market Cap

$3.81B

Current Price

$38.23

High / Low (52W)

$39.05 / $19.07

Beta

1.17

Valuation

Stock P/E

11.38

Industry PE

18.25

Forward P/E

18.36

PEG Ratio

8.01

Book Value

$11.10

Price to Book

3.45

P/S

1.36

EV/EBITDA

10.29

Dividend Yield

Profitability & Returns

ROCE

16.94%

ROE

35.89%

ROA

7.34%

Profit Margin

12.12%

Op Margin

8.35%

EPS (Latest Qtr)

$0.36

EPS (TTM)

$3.36

Balance Sheet & Liquidity

Debt/Equity

0.76

Quick Ratio

1.66

Current Ratio

2.08

Debt

$848.83M

Total Assets

$2.67B

Current Assets

$1.51B

Working Capital

$750.67M

Ownership

Promoter Holding

1.40%

Chg in Prom Hold

FII / Inst Holding

105.14%

Chg in FII Hold

-0.00%

Financial Snapshot

Enterprise Value

$4.05B

Total Revenue (TTM)

$2.80B

EBITDA

$393.85M

Free Cash Flow

$254.64M

Operating Cash Flow

$340.46M

Shares Outstanding

99.75M

Gross Margin

20.01%

Payout Ratio

0.00%

Growth (CAGR)

Revenue 5Y

10.45%

Profit 5Y

138.91%

Revenue (YoY)

2.70%

Earnings (YoY)

-26.50%

PROS

Strong return on equity of 35.9%.
Compounding revenue at 10.5% over 5 years.
Profit CAGR of 138.9% over 5 years.
Generates positive free cash flow.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Energy).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	OII Oceaneering International, Inc. R2K	38.23	11.38	$3.81B	-	16.94%	35.89%	10.45%	138.91%
2	XOM Exxon Mobil Corporation SPX	145.26	24.45	$602.10B	2.84%	11.12%	9.87%	-6.69%	-19.72%
3	CVX Chevron Corporation SPX	182.46	31.73	$363.39B	3.90%	7.21%	6.64%	-7.85%	-29.74%
4	COP ConocoPhillips SPX	113.98	19.32	$138.86B	2.95%	12.63%	11.28%	-9.11%	-24.66%
5	WMB The Williams Companies, Inc. SPX	71.39	31.31	$87.31B	2.94%	9.66%	19.66%	2.91%	8.51%
6	SLB SLB N.V. SPX	54.55	24.03	$81.56B	2.16%	12.08%	14.07%	8.33%	-0.65%
7	VLO Valero Energy Corporation SPX	244.82	17.88	$72.70B	1.96%	8.12%	15.85%	-11.40%	-41.16%
8	MPC Marathon Petroleum Corporation SPX	248.77	16.37	$72.63B	1.57%	13.11%	27.46%	-9.23%	-34.67%
9	EOG EOG Resources, Inc. SPX	133.38	13.13	$71.04B	3.06%	14.00%	18.20%	-8.51%	-13.74%

Quarterly Results

Figures in USD.

Metric	Dec 2015	Mar 2016	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	456.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	674.52M	698.16M	742.90M	668.57M	692.43M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	539.51M	549.73M	590.17M	536.30M	565.16M
Gross Profit	-	97.48M	95.23M	35.44M	-	44.85M	53.57M	54.88M	-	18.83M	29.73M	47.63M	-	27.59M	41.98M	49.06M	-	46.75M	42.54M	29.65M	-	56.66M	68.40M	59.85M	-	45.48M	76.04M	95.75M	-	77.56M	101.08M	114.70M	92.38M	120.21M	130.96M	135.01M	148.43M	152.73M	132.27M	127.27M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61.54M	69.24M	66.22M	66.89M	69.48M
Operating Income	45.76M	48.10M	38.38M	-11.86M	-3.86M	-150.00K	9.39M	10.53M	-9.12M	-27.15M	-19.64M	-1.55M	-97.14M	-21.71M	-9.63M	-5.19M	-254.17M	-380.76M	-5.18M	-60.62M	480.00K	13.78M	22.82M	15.77M	-12.57M	-1.04M	22.85M	46.88M	42.18M	26.75M	49.20M	57.93M	36.69M	60.36M	71.33M	73.47M	79.19M	86.51M	65.38M	57.79M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	102.90M	113.29M	115.41M	93.53M	91.11M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9.07M	9.47M	9.38M	9.05M	9.11M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69.38M	78.42M	79.91M	58.20M	54.83M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19.00M	23.97M	8.62M	-119.45M	18.72M
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50.38M	54.44M	71.29M	177.65M	36.11M
Diluted EPS	-	0.26	0.23	-0.12	-	-0.08	0.02	-0.02	-	-0.50	-0.34	-0.67	-	-0.25	-0.36	-0.26	-	-3.71	-0.25	-0.80	-	-0.09	0.06	-0.07	-	-0.19	0.04	0.18	-	0.04	0.19	0.29	0.15	0.34	0.40	0.49	0.54	0.71	1.76	0.36

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	-	-	-	-	-	-	-	-	2.00B	1.71B	-	2.07B	2.42B	2.66B	2.78B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.76B	2.03B	2.18B	2.22B
Gross Profit	464.80M	437.73M	466.32M	508.76M	627.86M	765.54M	859.20M	605.43M	279.23M	194.61M	129.23M	98.24M	163.94M	-	307.38M	398.97M	485.49M	568.44M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	196.51M	217.64M	239.22M	263.89M
Operating Income	317.56M	292.12M	309.50M	334.83M	428.60M	545.12M	628.33M	373.81M	70.76M	10.66M	-145.48M	-290.71M	-446.08M	-	110.86M	181.33M	246.27M	304.55M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	238.24M	302.54M	366.28M	425.13M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38.22M	36.52M	37.92M	36.98M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	79.05M	161.06M	224.92M	285.90M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53.11M	63.65M	77.45M	-67.86M
Net Income	-	187.03M	199.82M	235.66M	289.02M	-	-	-	-	-	-	-	-	-	25.94M	97.40M	147.47M	353.76M
Diluted EPS	3.56	1.70	1.82	2.16	2.66	3.42	4.00	2.34	0.25	1.68	-2.16	-3.52	-5.01	-	0.26	0.95	1.44	3.49

Compounded Sales Growth

5 Years:	10.45%
1 Year:	2.70%

Compounded Profit Growth

5 Years:	138.91%
1 Year:	-26.50%

Stock Price Performance

1 Year:	+100.47%
6 Months:	+55.60%
3 Months:	+7.69%
1 Month:	+6.19%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	-	1.88B	2.03B	2.40B	2.77B	3.13B	3.50B	3.43B	3.13B	3.02B	2.82B	2.74B	2.05B	-	2.03B	2.24B	2.34B	2.67B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.30B	1.31B	1.39B	1.51B
Cash & Equivalents	27.11M	11.20M	162.35M	245.22M	106.14M	120.55M	91.43M	430.71M	385.24M	450.19M	430.32M	354.26M	373.65M	452.02M	-	568.75M	461.57M	497.52M	688.87M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	184.38M	209.80M	222.85M	201.59M
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	296.55M	331.33M	303.58M	308.49M
Total Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.51B	1.60B	1.62B	1.59B
Current Liabilities	-	-	388.55M	439.86M	501.38M	617.18M	727.09M	679.14M	615.96M	508.36M	435.80M	494.74M	600.96M	437.12M	-	568.41M	732.48M	796.94M	761.73M
Long Term Debt	-	-	120.00M	0	120.00M	94.00M	0	743.47M	795.84M	793.06M	792.31M	786.58M	796.52M	805.25M	-	696.60M	477.06M	482.01M	487.42M
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	868.02M	848.66M	851.75M	873.14M
Total Equity	915.31M	967.65M	1.22B	1.39B	1.56B	1.82B	2.04B	1.66B	1.58B	1.52B	1.66B	1.41B	1.07B	552.09M	-	519.74M	628.02M	714.26M	1.07B
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	110.83M	110.83M	110.83M	110.83M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	247.91M	418.23M	441.85M	288.57M	437.80M	531.42M	721.76M	563.85M	339.44M	136.48M	36.57M	157.57M	136.65M	-	120.88M	209.96M	203.21M	318.86M
Investing Cash Flow	-246.39M	-162.49M	-191.90M	-482.77M	-306.04M	-377.64M	-419.47M	-437.18M	-169.47M	-112.03M	-98.84M	-134.79M	-52.59M	-	-76.86M	-86.35M	-124.17M	-96.23M
Financing Cash Flow	-17.43M	-104.60M	-167.09M	55.12M	-118.44M	-180.34M	45.36M	-160.45M	-96.06M	-45.92M	-5.63M	-2.30M	-1.70M	-	-1.86M	-227.30M	-27.04M	-45.55M
Capital Expenditure	-209.30M	-175.02M	-185.26M	-235.03M	-300.60M	-382.53M	-386.88M	-199.97M	-112.39M	-93.68M	-109.47M	-147.68M	-60.69M	-	-81.04M	-100.73M	-107.14M	-111.02M
Free Cash Flow	38.61M	243.21M	256.59M	53.54M	137.20M	148.89M	334.88M	363.88M	227.05M	42.80M	-72.90M	9.88M	75.96M	-	39.84M	109.23M	96.08M	207.85M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42.16M	-103.69M	52.00M	177.08M
Share Buybacks	54.93M	0	49.52M	17.49M	19.36M	0	590.38M	100.46M	0	0	-	-	-	-	-	-	20.05M	40.27M
Dividends Paid	-	-	-	-	-	-	-	-	-	44.22M	0	0	-	-	-	-	-	-

Ratios (Annual)

Figures in %.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	-	-	-	-	4.9%	9.6%	-	14.9%	16.5%	18.2%	20.4%
Operating Margin %	-	-	-	-	-	-	-	-	-	-	-	-14.5%	-26.0%	-	5.4%	7.5%	9.3%	10.9%
Net Margin %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.3%	4.0%	5.5%	12.7%
ROE %	-	15.3%	14.4%	15.1%	15.9%	-	-	-	-	-	-	-	-	-	5.0%	15.5%	20.6%	33.0%
ROCE %	-	19.6%	19.5%	17.6%	19.9%	22.7%	22.2%	13.3%	2.7%	0.4%	-6.2%	-13.6%	-27.7%	-	7.6%	12.0%	16.0%	16.0%

Shareholding Pattern

Insiders

1.40%

Institutions

105.14%

Public Float

106.63%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	16.39%	16.35M	$625.02M
2	Vanguard Portfolio Management LLC	7.60%	7.58M	$289.74M
3	Brown Advisory Inc.	5.80%	5.79M	$221.30M
4	State Street Corporation	5.05%	5.03M	$192.46M
5	Vanguard Capital Management LLC	4.49%	4.48M	$171.22M
6	American Century Companies Inc	3.78%	3.77M	$144.00M
7	Earnest Partners LLC	3.69%	3.68M	$140.85M
8	Dimensional Fund Advisors LP	3.47%	3.46M	$132.34M
9	Morgan Stanley Institutional Investment Advisors LLC	3.46%	3.45M	$132.01M
10	Neuberger Berman Group, LLC	3.23%	3.22M	$123.03M

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