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.

Revenue
+5.61%
EPS
−26.8%
Free cash flow
+66.9%
Total debt
+1.11%

Quarter to September 2026, against a year earlier

34.17 2.22 −6.10%
Market cap
$3.4B
P/E
10.4×
Fwd P/E
21.1×
Dividend yield
—
F-score
7/9
Altman Z
3.68
Beneish M
−2.35
Dividend safety
n/a

Oceaneering International, Inc. (OII) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Oceaneering International, Inc. (OII) trades at a EV/EBITDA of 8.0×. Over the past ten years it has ranged from 0.0× (December 2020) to 22.8× (March 2021); the current reading is higher than 41% of that period. That is in line with the Oil & Gas Equipment & Services industry median of 8.0× and above the Energy sector median of 6.2×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 5.7× (27.03%)
FY2024 7.9× 1.29%
FY2023 7.8× (2.30%)
FY2022 8.0× 9.03%
FY2021 7.3× (47.93%)
FY2020 14.0× —
FY2019 0.0× —
FY2018 11.0× (1.35%)
FY2017 11.1× 12.94%
FY2016 9.8× 47.53%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 10.3× 3.36%
Jun 2026 10.0× 10.65%
Mar 2026 9.0× 56.51%
Dec 2025 5.7× (7.20%)
43 more quarters

Against its own ten years

Low 0.0× High 22.8×
Ten-year median 8.7×
Current reading's percentile 41

EV/EBITDA against peers

Company EV/EBITDA
EROK EagleRock Land LLC compare n/m
TDW Tidewater Inc. compare 6.7×
AROC Archrock, Inc. compare 8.0×
OII Oceaneering International, Inc. 8.0×
WBI WaterBridge Infrastructure LLC compare 8.6×
WHD Cactus, Inc. compare 8.7×
KGS Kodiak Gas Services, Inc. compare 9.4×
USAC USA Compression Partners, LP compare 9.6×
SEI Solaris Energy Infrastructure, Inc. compare 16.2×
Oil & Gas Equipment & Services industry median 8.0×
Energy sector median 6.2×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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