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) Gross margin

Alert me on Gross margin

Oceaneering International, Inc.'s gross margin over the twelve months to 30 September 2026 was 19.9%, down 0.5 percentage points from fiscal 2025 (20.4%). Over the past ten years it has ranged from 4.80% (fiscal 2019) to 20.4% (fiscal 2025) — the current reading is the highest in ten years. That is below the Oil & Gas Equipment & Services industry median of 22.9% and below the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 20.4% 2.18
FY2024 18.2% 1.79
FY2023 16.5% 1.57
FY2022 14.9% 0.75
FY2021 14.1% 5.16
FY2020 8.97% 4.17
FY2019 4.80% (1.97)
FY2018 6.77% (3.36)
FY2017 10.1% (2.16)
FY2016 12.3% (7.48)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 21.0% 0.53
Jun 2026 20.4% 2.06
Mar 2026 18.4% (1.40)
Dec 2025 19.8% (0.78)
43 more quarters

Against its own ten years

Low 4.80% High 20.4%
Ten-year median 14.1%
Current reading's percentile 91

Gross margin against peers

Company Gross margin
AROC Archrock, Inc. compare 67.5%
USAC USA Compression Partners, LP compare 64.0%
KGS Kodiak Gas Services, Inc. compare 63.9%
SEI Solaris Energy Infrastructure, Inc. compare 49.9%
TDW Tidewater Inc. compare 48.1%
WHD Cactus, Inc. compare 33.5%
OII Oceaneering International, Inc. 19.9%
WBI WaterBridge Infrastructure LLC compare 0.00%
EROK EagleRock Land LLC compare —
Oil & Gas Equipment & Services industry median 22.9%
Energy sector median 42.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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