Oceaneering International, Inc.

OII Energy Oil & Gas Equipment & Services

Oceaneering International, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 4.62% from fiscal 2024. In the quarter to June 2026, revenue grew 10.0%, EPS grew 20.4%, free cash flow fell 31.1% and total debt rose 1.15%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

43.79 0.74 +1.72%
Market cap
$4.3B
P/E
12.6×
Fwd P/E
21.4×
Dividend yield
—
F-score
7/9
Altman Z
3.68
Beneish M
−2.35
Dividend safety
n/a
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
P/E ratio
6.87 18.11 21.74 65.00 0.00 0.00 0.00 0.00 12.90 110.50
Piotroski F-Score
7 7 7 6 5 5 3 3 4 5
P/S ratio
0.87 0.99 0.86 0.82 0.60 0.43 0.72 0.62 1.11 1.24
Altman Z-Score
3.68 3.71 3.35 3.24 2.83 1.85 2.16 2.42 2.98 3.14
P/FCF ratio
11.11 27.40 17.76 36.56 6.19 10.13 76.02 0.00 48.70 12.22
Altman Z″-Score (non-manufacturers)
5.68 5.03 4.71 5.22 4.96 3.43 3.71 4.99 5.55 5.11
Beneish M-Score
(2.35) (2.71) (2.36) (2.58) (3.30) (4.77) (2.97) (2.98) (2.26) (2.75)
P/Operating CF
10.89 20.55 13.61 10.62 8.06 7.56 32.47 1,308.23 (282.62) 36.22
P/B ratio
2.24 3.66 3.28 3.22 2.21 1.41 1.37 0.84 1.28 1.86
Price to Tangible BV
2.35 3.93 3.47 3.45 2.37 1.51 2.20 1.19 1.76 2.62
EV/Sales
0.84 1.04 0.92 0.89 0.70 0.64 0.94 0.85 1.30 1.39
EV/EBITDA
5.75 7.88 7.78 7.96 7.30 14.02 0.00 10.97 11.12 9.84
EV/Operating CF
7.33 13.56 10.60 15.27 5.82 8.50 12.17 44.42 18.26 9.31
EV/FCF
10.79 28.61 19.02 39.85 7.19 14.92 98.85 (29.18) 56.97 13.71
Quick Ratio
1.31 1.01 1.08 1.52 1.60 1.71 1.32 1.46 2.08 1.85
Current Ratio
1.99 1.74 1.78 2.28 2.37 2.68 2.07 2.52 2.72 2.48
Net Debt/EBITDA
(0.50) (0.04) 0.05 0.57 0.91 4.27 (15.50) 2.92 1.61 1.07
Debt/Assets
18.27% 20.63% 21.31% 34.50% 35.77% 39.36% 29.06% 27.84% 26.20% 25.33%
Debt/Equity
0.45 0.67 0.75 1.33 1.37 1.44 0.74 0.56 0.48 0.52
Asset Turnover
1.11 1.16 1.14 1.03 0.93 0.76 0.74 0.65 0.62 0.69
Operating CF/Net income
0.90 1.38 2.16 4.66 (4.57) (0.28) (0.45) (0.17) 0.82 13.81
Capex/Depreciation
(1.00) (1.03) (0.88) (0.62) (0.31) (0.11) (0.52) (0.31) (0.43) (0.44)
Interest Coverage
8.24 6.50 4.96 2.90 1.03 (10.16) (6.81) (3.85) 0.38 2.80
ROE
39.37% 21.78% 16.80% 5.00% (9.22%) (60.82%) (27.98%) (13.79%) 10.46% 1.59%
ROA
14.14% 6.45% 4.56% 1.30% (2.46%) (20.76%) (12.52%) (7.26%) 5.41% 0.75%
ROIC
21.75% 21.84% 17.45% 10.53% 3.69% (30.59%) (12.13%) (4.92%) 0.33% 2.38%
Return on Tangible Assets
29.42% 14.59% 9.76% 2.22% (4.19%) (37.51%) (24.54%) (12.38%) 9.16% 1.29%
Average Days of Receivables
40.44 41.64 49.88 52.39 51.35 59.15 75.09 70.51 90.59 78.69
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
9.48% 8.99% 8.98% 9.51% 12.00% 10.71% 10.49% 10.38% 9.57% 9.18%
Intangible Assets out of Total Assets
0.02 0.02 0.02 0.02 0.02 0.02 0.15 0.15 0.15 0.14
Share Based Compensation of Revenue
0.53% 0.48% 0.50% 0.50% 0.59% 0.47% 0.56% 0.61% 0.60% 0.65%
Graham Net Nets
(0.03) (0.09) (0.14) (0.12) (0.23) (0.40) (0.29) (0.14) (0.08) (0.12)
Graham Number
29.09 15.19 11.60 5.54 0.00 0.00 0.00 0.00 25.31 9.51
Earnings Yield
14.57% 5.52% 4.60% 1.54% (4.33%) (63.02%) (23.68%) (17.85%) 7.75% 0.90%
Free Cash Flow Yield
9.00% 3.65% 5.63% 2.74% 16.16% 9.87% 1.32% (4.67%) 2.05% 8.18%
Revenue per Share
27.78 26.30 24.08 20.62 18.75 18.42 20.71 19.39 19.56 23.17
Operating CF per Share
3.18 2.01 2.09 1.21 2.26 1.38 1.59 0.37 1.39 3.46
Capex per Share
(1.02) (1.06) (0.92) (0.74) (0.43) (0.59) (1.40) (0.94) (0.94) (1.11)
Free Cash Flow per Share
2.16 0.95 1.16 0.46 1.83 0.78 0.20 (0.57) 0.45 2.35
Cash per Share
6.87 4.92 4.58 5.68 5.40 4.56 3.78 3.60 4.38 4.59
Shareholders Equity per Share
10.74 7.12 6.30 5.25 5.13 5.62 10.88 14.37 16.94 15.47
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
10.74 7.12 6.30 5.25 5.13 5.62 10.88 14.37 16.94 15.47
Free Cash Flow
216.73 96.30 117.08 46.31 182.22 77.85 19.39 (55.66) 43.74 230.46
Working Capital
750.67 590.96 573.18 728.65 686.84 733.15 643.48 750.15 751.61 754.23
Capital Expenditures
(102.14) (106.92) (92.88) (74.57) (43.10) (58.80) (138.17) (92.23) (92.74) (108.97)
Net Current Asset Value
(78.19) (228.13) (299.26) (208.82) (263.83) (317.42) (420.82) (164.81) (172.03) (351.08)
EV/EBIT
7.68 11.19 12.28 16.65 32.93 0.00 0.00 0.00 233.84 44.65
Capex to Sales
0.04 0.04 0.04 0.04 0.02 0.03 0.07 0.05 0.05 0.05
Price to Operating Income
7.91 10.72 11.47 15.27 28.33 0.00 0.00 0.00 199.87 39.80
Other line items
Depreciation/Fixed assets
0.23 0.25 0.25 0.28 0.29 0.89 0.34 0.30 0.20 0.22
Cash ROIC
9.62% 5.66% 7.44% 2.58% 10.41% 4.29% 0.86% (2.18%) 1.51% 8.35%
Accounts Receivable Turnover
9.10 8.38 7.72 7.39 6.69 5.09 5.18 4.52 3.98 4.12
Accounts Payable Turnover
12.44 12.89 13.32 13.01 14.83 13.86 15.69 18.92 21.17 20.34
Inventory Turnover
10.44 10.06 10.28 10.40 10.89 10.53 10.56 8.69 6.97 6.55
Average Days of Payables
28.78 30.45 28.12 30.72 27.82 20.67 27.32 21.04 18.08 14.21
Days of Inventory on Hand
33.21 37.39 37.80 38.27 34.94 30.98 32.71 39.88 45.50 51.32
Average Receivables
306.04 317.45 313.94 279.76 279.59 358.79 395.12 422.89 483.33 551.27
Average Payables
178.11 168.78 152.04 135.17 108.27 120.07 124.28 94.09 81.57 97.94
Average Inventory
212.22 216.32 197.09 169.03 147.46 157.99 184.63 204.89 247.71 304.29
Average Assets
2,501.80 2,287.68 2,135.34 1,997.27 2,004.35 2,393.25 2,782.83 2,924.47 3,077.13 3,279.93
Average Common Equity
898.49 677.20 579.94 518.41 534.59 816.78 1,245.35 1,539.91 1,590.58 1,547.69

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Columns are period end dates