Oceaneering International, Inc. logo

Oceaneering International, Inc.

OII

NYSEEnergyOil & Gas Equipment & Services

Previous close

$53.00

+$0.51 · +0.97%

Aug 21, 4:00 PM ET

Pre-market

$52.78

−$0.22 · -0.42%

Aug 24, 7:00 AM ET

OII company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

89

Deep Value

Momentum

66

Gaining

Sentiment

68

Bullish

Risk resilience

62

Moderate Risk

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Company profile

Company website

Headquartered in Houston, Texas, Oceaneering International, Inc., established in 1964, is a global provider of specialized engineering services, innovative products, and advanced robotic solutions. The company serves a diverse clientele spanning the offshore energy, defense, aerospace, manufacturing, and entertainment sectors. Its Subsea Robotics division deploys Remotely Operated Vehicles (ROVs) to assist drilling operations and perform vessel-based tasks such as subsea hardware deployment, construction activities, pipeline and facility inspections, maintenance, and repair. Furthermore, this segment supplies specialized ROV tooling, a range of survey services including hydrographic mapping and precise positioning, and autonomous underwater vehicles (AUVs) tailored for geoscience applications. By the close of 2021, the company maintained a fleet of 250 work-class ROVs. The Manufactured Products segment engineers and delivers essential distribution and connection systems for the energy sector, encompassing production control umbilicals, field development hardware, and pipeline connection and repair apparatus. It also supplies autonomous mobile robots, automated guided vehicle (AGV) technologies, and entertainment systems to a variety of other industries. Oceaneering's Offshore Projects Group undertakes comprehensive subsea installation and intervention, which includes riserless light well intervention, inspection, maintenance, and repair services. They also furnish installation and workover control systems (including specific ROV workover control solutions), provide expert project management and engineering, and offer drill pipe riser services and systems, alongside wellhead load relief solutions. The Integrity Management & Digital Solutions division specializes in asset integrity management. It additionally provides bespoke software and analytical tools for the bulk cargo maritime sector, coupled with broad software, digital, and connectivity solutions for the energy industry. Finally, its Aerospace and Defense Technologies segment delivers critical government services and products, encompassing engineering and manufacturing support for defense and space exploration missions, primarily catering to U.S. government agencies and their primary contractors.

Industry
Oil & Gas Equipment & Services
Sector
Energy
Headquarters
US
CEO
Roderick A. Larson
Listed since
Oct 31, 1975
Employees
11,100

Market position

Day range

Current $53.00

52-week range

Current $53.00

Open
$52.94
Previous close
$52.49
Volume
964.33K
0.87× average
Average volume
1.11M
Average daily volume
Market cap
5.28B USD
Beta
1.17
Market reference 1
50-day average
$44.6232
+18.77% above average
200-day average
$35.1393
+50.83% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.23B USD
P/E (TTM)
15.23×
P/B (TTM)
4.51×
P/S (TTM)
1.84×
EV / EBITDA
5.25×
Earnings yield
14.54%
Free cash flow yield
8.54%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
19.82%
Operating margin
10.37%
Net margin
12.19%
Return on equity
33.04%
Return on assets
13.26%
Return on invested capital
15.98%

Financial health

Debt / equity
0.7×
Current ratio
1.99×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends23%14%4%-5%Gross margin, FY2021: 14.13%Gross margin, FY2022: 14.88%Gross margin, FY2023: 16.45%Gross margin, FY2024: 18.24%Gross margin, FY2025: 20.42%Operating margin, FY2021: 2.13%Operating margin, FY2022: 5.37%Operating margin, FY2023: 7.48%Operating margin, FY2024: 9.25%Operating margin, FY2025: 10.94%Net margin, FY2021: -2.64%Net margin, FY2022: 1.26%Net margin, FY2023: 4.02%Net margin, FY2024: 5.54%Net margin, FY2025: 12.71%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 14.13%. Gross margin FY2022 14.88%. Gross margin FY2023 16.45%. Gross margin FY2024 18.24%. Gross margin FY2025 20.42%. Operating margin FY2021 2.13%. Operating margin FY2022 5.37%. Operating margin FY2023 7.48%. Operating margin FY2024 9.25%. Operating margin FY2025 10.94%. Net margin FY2021 -2.64%. Net margin FY2022 1.26%. Net margin FY2023 4.02%. Net margin FY2024 5.54%. Net margin FY2025 12.71%.

Income trends

Revenue

2.78B USD+4.62%

Operating income

304.55M USD+23.67%

Net income

353.76M USD+139.89%
Income trends across reported periods3.07B USD1.93B USD800.73M USD−332.65M USDRevenue, FY2021: 1.87B USDRevenue, FY2022: 2.07B USDRevenue, FY2023: 2.42B USDRevenue, FY2024: 2.66B USDRevenue, FY2025: 2.78B USDOperating income, FY2021: 39.8M USDOperating income, FY2022: 110.86M USDOperating income, FY2023: 181.33M USDOperating income, FY2024: 246.27M USDOperating income, FY2025: 304.55M USDNet income, FY2021: −49.31M USDNet income, FY2022: 25.94M USDNet income, FY2023: 97.4M USDNet income, FY2024: 147.47M USDNet income, FY2025: 353.76M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.87B USD. Revenue FY2022 2.07B USD. Revenue FY2023 2.42B USD. Revenue FY2024 2.66B USD. Revenue FY2025 2.78B USD. Operating income FY2021 39.8M USD. Operating income FY2022 110.86M USD. Operating income FY2023 181.33M USD. Operating income FY2024 246.27M USD. Operating income FY2025 304.55M USD. Net income FY2021 −49.31M USD. Net income FY2022 25.94M USD. Net income FY2023 97.4M USD. Net income FY2024 147.47M USD. Net income FY2025 353.76M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.78B USD2.66B USD2.42B USD2.07B USD1.87B USD
Cost of goods sold2.22B USD2.18B USD2.03B USD1.76B USD1.61B USD
Gross profit568.44M USD485.49M USD398.97M USD307.38M USD264.07M USD
Selling, general, and administrative239.22M USD217.64M USD196.51M USD224.27M USD
Operating expenses263.89M USD239.22M USD217.64M USD196.51M USD224.27M USD
Interest income14.48M USD12.12M USD15.43M USD5.71M USD2.48M USD
Interest expense36.98M USD37.92M USD36.52M USD38.22M USD38.81M USD
Depreciation and amortization102.26M USD103.44M USD104.96M USD120.97M USD139.72M USD
Operating income304.55M USD246.27M USD181.33M USD110.86M USD39.8M USD
Net income353.76M USD147.47M USD97.4M USD25.94M USD−49.31M USD

Company facts updated Aug 24, 2026.

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