Oceaneering International, Inc.

Oceaneering International, Inc.

OII

NYSEEnergyOil & Gas Equipment & Services

Latest quote

$51.09

+$0.52 · +1.03%

OII company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

Jul 10, 2026

GoAI Score

Buy

Valuation

89

Deep Value

Sentiment

68

Bullish

Risk

38

Moderate Risk

Momentum

66

Gaining

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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 $51.09

52-week range

Current $51.09

Open
$50.88
Previous close
$50.57
Volume
1.14M
1.12× average
Average volume
1.02M
Average daily volume
Market cap
5.08B USD
Beta
1.17
Market reference 1
50-day average
$48.1624
+6.08% above average
200-day average
$37.0554
+37.87% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.23B USD
P/E (TTM)
14.68×
P/B (TTM)
4.35×
P/S (TTM)
1.77×
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×
Altman Z-score
4.89
Piotroski F-score
5 of 9

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.
Financial statements: Income statement
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 Sep 14, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
+29.28%
11 comparable reports
Latest EPS result
0.65
Estimate 0.46 · Beat by 42.67%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.690.550.40.26Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 0.37, estimate 0.39, surprise -5.13%, Miss. Q2 2025, reported Apr 23, 2025: actual 0.43, estimate 0.36, surprise +19.44%, Beat. Q3 2025, reported Jul 23, 2025: actual 0.49, estimate 0.42, surprise +16.67%, Beat. Q4 2025, reported Oct 22, 2025: actual 0.55, estimate 0.42, surprise +30.95%, Beat. Q1 2026, reported Feb 18, 2026: actual 0.45, estimate 0.306, surprise +47.11%, Beat. Q2 2026, reported Apr 22, 2026: actual 0.3, estimate 0.32, surprise -6.19%, Miss. Q3 2026, reported Jul 22, 2026: actual 0.65, estimate 0.456, surprise +42.67%, Beat. Q4 2026, reported Oct 28, 2026: actual —, estimate 0.58, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates806.96M744.73M682.5M620.27MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 713.45M USD, estimate 681.6M USD, surprise +4.67%, Beat. Q2 2025, reported Apr 23, 2025: actual 674.52M USD, estimate 651.3M USD, surprise +3.56%, Beat. Q3 2025, reported Jul 23, 2025: actual 698.16M USD, estimate 700.19M USD, surprise -0.29%, Miss. Q4 2025, reported Oct 22, 2025: actual 742.9M USD, estimate 678.16M USD, surprise +9.55%, Beat. Q1 2026, reported Feb 18, 2026: actual 668.57M USD, estimate 674.14M USD, surprise -0.83%, Miss. Q2 2026, reported Apr 22, 2026: actual 692.43M USD, estimate 670.83M USD, surprise +3.22%, Beat. Q3 2026, reported Jul 22, 2026: actual 768.18M USD, estimate 735.69M USD, surprise +4.42%, Beat. Q4 2026, reported Oct 28, 2026: actual —, estimate 775.93M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$47.00

8.01% downside
Past 12 months12-month forecastHigh $47.00Average $47.00Low $47.00

Rating distribution

44 ratings
Strong buy00%
Buy1432%
Hold2761%
Sell37%
Strong sell00%

Recent analyst actions

6 institutions
Pickering Energy PartnersupgradeUnderperformNeutral
Piper SandlermaintainNeutral

OII news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.96

2016 complete year+39.1% since 2012

Corporate action history

Dividend

Ex-dividend Aug 23, 2017

$0.15

Quarterly

Record Aug 25, 2017 · Payment Sep 15, 2017

Dividend

Ex-dividend May 24, 2017

$0.15

Quarterly

Record May 26, 2017 · Payment Jun 16, 2017

Dividend

Ex-dividend Feb 22, 2017

$0.15

Quarterly

Record Feb 24, 2017 · Payment Mar 17, 2017

Dividend

Ex-dividend Nov 22, 2016

$0.15

Quarterly

Record Nov 25, 2016 · Payment Dec 16, 2016

Dividend

Ex-dividend Aug 24, 2016

$0.27

Quarterly

Record Aug 26, 2016 · Payment Sep 16, 2016

Dividend

Ex-dividend May 25, 2016

$0.27

Quarterly

Record May 27, 2016 · Payment Jun 17, 2016

OII peers

ETFs holding OII

Funds reporting this stock among their holdings, ordered by reported position size.

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AI-generated and delayed market data for informational and educational purposes only. Not investment advice.