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) Operating margin

Alert me on Operating margin

Oceaneering International, Inc.'s operating margin over the twelve months to 30 September 2026 was 10.4%, down 0.5 percentage points from fiscal 2025 (10.9%). Over the past ten years it has ranged from −24.4% (fiscal 2020) to 12.2% (fiscal 2015); the current reading is higher than 91% of that period. That is above the Oil & Gas Equipment & Services industry median of 7.44% and below the Energy sector median of 15.2%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 10.9% 1.69
FY2024 9.25% 1.77
FY2023 7.48% 2.11
FY2022 5.37% 3.24
FY2021 2.13% 26.53
FY2020 −24.4% (10.21)
FY2019 −14.2% (6.57)
FY2018 −7.62% (8.17)
FY2017 0.55% (2.57)
FY2016 3.12% (9.09)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 11.8% 0.26
Jun 2026 11.5% 3.14
Mar 2026 8.35% (1.43)
Dec 2025 9.78% (1.86)
43 more quarters

Against its own ten years

Low −24.4% High 12.2%
Ten-year median 3.12%
Current reading's percentile 91

Operating margin against peers

Company Operating margin
AROC Archrock, Inc. compare 37.7%
USAC USA Compression Partners, LP compare 28.9%
KGS Kodiak Gas Services, Inc. compare 27.4%
SEI Solaris Energy Infrastructure, Inc. compare 24.3%
WHD Cactus, Inc. compare 18.8%
TDW Tidewater Inc. compare 18.4%
WBI WaterBridge Infrastructure LLC compare 15.5%
OII Oceaneering International, Inc. 10.4%
EROK EagleRock Land LLC compare —
Oil & Gas Equipment & Services industry median 7.44%
Energy sector median 15.2%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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