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) Return on invested capital

Alert me on Return on invested capital

Oceaneering International, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 19.3%, down 2.5 percentage points from fiscal 2025 (21.8%). Over the past ten years it has ranged from −30.6% (fiscal 2020) to 21.8% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Oil & Gas Equipment & Services industry median of 4.26% and above the Energy sector median of 5.43%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 21.8% (0.09)
FY2024 21.8% 4.39
FY2023 17.5% 6.92
FY2022 10.5% 6.84
FY2021 3.69% 34.28
FY2020 −30.6% (18.46)
FY2019 −12.1% (7.21)
FY2018 −4.92% (5.25)
FY2017 0.33% (2.05)
FY2016 2.38% (9.36)

Against its own ten years

Low −30.6% High 21.8%
Ten-year median 3.69%
Current reading's percentile 91

Return on invested capital against peers

Company Return on invested capital
OII Oceaneering International, Inc. 19.3%
WHD Cactus, Inc. compare 15.1%
TDW Tidewater Inc. compare 10.9%
AROC Archrock, Inc. compare 8.94%
USAC USA Compression Partners, LP compare 7.11%
KGS Kodiak Gas Services, Inc. compare 4.98%
SEI Solaris Energy Infrastructure, Inc. compare 3.93%
WBI WaterBridge Infrastructure LLC compare 2.32%
EROK EagleRock Land LLC compare 0.00%
Oil & Gas Equipment & Services industry median 4.26%
Energy sector median 5.43%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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