OII

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Oceaneering International, Inc.

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Key Metrics

Previous Close: $52.69
52-Week Range: $22.02 – $54.25
Market Cap: $5.22B
P/E (TTM): 15.17
EPS (TTM): 3.46
Dividend Yield: —

Advanced Metrics

Price/Book: 4.49
PEG Ratio: 8.01
Return on Equity: 34.57%
Return on Assets: 7.42%
Gross Margin: 19.82%
Operating Margin: 11.49%
Profit Margin: 12.19%
Current Ratio: 2.18
Debt/Equity: 0.70
Total Debt: $822.16M
Free Cash Flow: $237.84M
Revenue Growth: 10.00%
Earnings Growth: 20.40%
Enterprise Value: $5.41B

OII Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$2.07B	$2.42B	$2.66B	$2.78B
Cost of Revenue	$1.76B	$2.03B	$2.18B	$2.22B
Gross Profit	$307.38M	$398.97M	$485.49M	$568.44M
Selling, General & Admin	$196.51M	$217.64M	$239.22M	$263.89M
Operating Expenses	$196.51M	$217.64M	$239.22M	$263.89M
Operating Income	$110.86M	$181.33M	$246.27M	$304.55M
EBITDA	$238.24M	$302.54M	$366.28M	$425.13M
Pretax Income	$79.05M	$161.06M	$224.92M	$285.90M
Income Tax	$53.11M	$63.65M	$77.45M	-$67.86M
Net Income	$25.94M	$97.40M	$147.47M	$353.76M
Diluted EPS	0.26	0.95	1.44	3.49
Diluted Shares	101.45M	102.16M	102.37M	101.26M

OII Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$568.75M	$461.57M	$497.52M	$688.87M
Receivables	$481.40M	$565.83M	$578.86M	$525.30M
Inventory	$184.38M	$209.80M	$222.85M	$201.59M
Current Assets	$1.30B	$1.31B	$1.39B	$1.51B
Total Assets	$2.03B	$2.24B	$2.34B	$2.67B
Current Liabilities	$568.41M	$732.48M	$796.94M	$761.73M
Long-Term Debt	$696.60M	$477.06M	$482.01M	$487.42M
Total Debt	$868.02M	$848.66M	$851.75M	$873.14M
Total Liabilities	$1.51B	$1.60B	$1.62B	$1.59B
Retained Earnings	$1.33B	$1.43B	$1.57B	$1.93B
Shareholders' Equity	$519.74M	$628.02M	$714.26M	$1.07B
Working Capital	$728.65M	$573.18M	$590.96M	$750.67M
Net Debt	$127.86M	$15.49M	—	—

OII Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$120.88M	$209.96M	$203.21M	$318.86M
Capital Expenditure	-$81.04M	-$100.73M	-$107.14M	-$111.02M
Free Cash Flow	$39.84M	$109.23M	$96.08M	$207.85M
Depreciation & Amortisation	$120.97M	$104.96M	$103.44M	$102.25M
Stock-Based Compensation	$10.37M	$12.06M	$12.81M	$14.76M
Investing Cash Flow	-$76.86M	-$86.35M	-$124.17M	-$96.23M
Financing Cash Flow	-$1.86M	-$227.30M	-$27.04M	-$45.55M
Share Repurchases	$0.00	$0.00	-$20.05M	-$40.27M
Net Change in Cash	$42.16M	-$103.69M	$52.00M	$177.08M

OII Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$698.16M	$742.90M	$668.57M	$692.43M	$768.18M
Cost of Revenue	$549.73M	$590.17M	$536.30M	$565.16M	$611.20M
Gross Profit	$148.43M	$152.73M	$132.27M	$127.27M	$156.98M
Selling, General & Admin	$69.24M	$66.22M	$66.89M	$69.48M	$68.75M
Operating Expenses	$69.24M	$66.22M	$66.89M	$69.48M	$68.75M
Operating Income	$79.19M	$86.51M	$65.38M	$57.79M	$88.24M
EBITDA	$113.29M	$115.41M	$93.53M	$91.11M	$121.96M
Pretax Income	$78.42M	$79.91M	$58.20M	$54.83M	$86.08M
Income Tax	$23.97M	$8.62M	-$119.45M	$18.72M	$22.50M
Net Income	$54.44M	$71.29M	$177.65M	$36.11M	$65.02M
Diluted EPS	0.54	0.71	1.76	0.36	0.65
Diluted Shares	101.37M	101.06M	100.76M	100.61M	100.73M

OII Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$434.05M	$505.99M	$688.87M	$607.47M	$629.47M
Receivables	$640.22M	$675.29M	$525.30M	$596.25M	$645.23M
Inventory	$226.59M	$218.15M	$201.59M	$208.23M	$197.73M
Current Assets	$1.39B	$1.50B	$1.51B	$1.52B	$1.58B
Total Assets	$2.33B	$2.54B	$2.67B	$2.64B	$2.69B
Current Liabilities	$696.86M	$763.86M	$761.73M	$729.25M	$726.23M
Long-Term Debt	$484.65M	$486.02M	$487.42M	$488.81M	$490.25M
Total Debt	$804.14M	$899.92M	$873.14M	$848.83M	$822.16M
Total Liabilities	$1.48B	$1.63B	$1.59B	$1.53B	$1.52B
Retained Earnings	$1.68B	$1.75B	$1.93B	$1.96B	$2.03B
Shareholders' Equity	$842.06M	$907.67M	$1.07B	$1.11B	$1.16B
Working Capital	$695.84M	$737.98M	$750.67M	$787.66M	$854.03M
Net Debt	$50.60M	—	—	—	—

OII Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$77.19M	$101.26M	$221.13M	-$59.12M	$55.21M
Capital Expenditure	-$30.27M	-$24.21M	-$30.44M	-$17.41M	-$23.18M
Free Cash Flow	$46.91M	$77.05M	$190.69M	-$76.52M	$32.03M
Depreciation & Amortisation	$25.40M	$26.12M	$26.28M	$27.17M	$27.43M
Investing Cash Flow	-$27.70M	-$16.51M	-$27.71M	-$15.33M	-$23.05M
Financing Cash Flow	-$9.98M	-$10.09M	-$9.86M	-$8.79M	-$9.89M
Share Repurchases	-$10.11M	-$10.10M	-$10.05M	$0.00	-$10.05M
Net Change in Cash	$39.50M	$74.66M	$183.56M	-$83.24M	$22.26M

Market Snapshot

About

Oceaneering International, Inc. provides engineered services and products to the offshore energy, defense, aerospace, and commercial industries. The company specializes in subsea robotics, remotely operated vehicles (ROVs), and deepwater intervention systems.