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

34.25 0.22 +0.65%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Oceaneering International, Inc. (OII) trades at a price to free cash flow of 11.8×. Over the past ten years it has ranged from 0.0× (September 2022) to 81.4× (January 2020); the current reading is higher than 47% of that period. That is in line with the Oil & Gas Equipment & Services industry median of 12.4× and above the Energy sector median of 8.9×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 11.1× (59.45%)
FY2024 27.4× 54.29%
FY2023 17.8× (51.42%)
FY2022 36.6× 490.73%
FY2021 6.2× (38.93%)
FY2020 10.1× (86.67%)
FY2019 76.0× —
FY2018 0.0× —
FY2017 48.7× 298.46%
FY2016 12.2× 20.56%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 15.0× (13.67%)
Jun 2026 17.4× 21.50%
Mar 2026 14.3× 28.87%
Dec 2025 11.1× (46.33%)
43 more quarters

Against its own ten years

Low 0.0× High 81.4×
Ten-year median 12.7×
Current reading's percentile 47

Price to free cash flow against peers

Company Price to free cash flow
SEI Solaris Energy Infrastructure, Inc. compare n/m
WBI WaterBridge Infrastructure LLC compare n/m
EROK EagleRock Land LLC compare n/m
AROC Archrock, Inc. compare 11.2×
OII Oceaneering International, Inc. 11.8×
TDW Tidewater Inc. compare 12.5×
USAC USA Compression Partners, LP compare 12.8×
WHD Cactus, Inc. compare 13.9×
KGS Kodiak Gas Services, Inc. compare 149×
Oil & Gas Equipment & Services industry median 12.4×
Energy sector median 8.9×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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