Saturday 17 October 2026 Export OII’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 10.0%, EPS grew 20.4%, free cash flow fell 31.1% and total debt rose 1.15%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

43.79 0.74 +1.72%

Follow OII

Alert me

Market cap: $4.3B
P/E: 12.6×
Fwd P/E: 21.4×
Dividend yield: —
F-score: 7/9
Altman Z: 3.68
Beneish M: −2.35
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 11.30

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	1	8	1	—	2	1	3	1	—	1

Insider Ownership 1.77%

Capital & Financial Ratios $m

Market Cap 4,280.00

Revenue 2,872.09

Net Income 348.63

Free Cash Flow 232.12

Net Debt (139.23)

Current Ratio 2.18

Debt/Equity 0.42

P/E ratio 12.58

Fwd P/E 21.40

P/S ratio 1.52

P/B ratio 3.73

Past 5Y EPS Growth —

This Y EPS Growth 6.22%

Next Y EPS Growth 15.17%

Next Y revenue growth 5.99%

Next 5Y EPS Growth 11.10%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 25.76%

10-year low 10-year high

P/S against its own 10 years 97.86%

10-year low 10-year high

P/B against its own 10 years 88.79%

10-year low 10-year high

EV/Sales against its own 10 years 94.88%

10-year low 10-year high

EV/FCF against its own 10 years 50.55%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	0.45	0.15 0.15 0.15
2016	0.96	0.27 0.27 0.27 0.15

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	462	498	689	629
Receivables	331	304	308	414
Inventory	210	223	202	198
Other	303	364	313	339
	1,306	1,388	1,512	1,580

	2023	2024	2025	Q'26
Payables	156	182	175	151
ST’ Debt	—	—	—	—
Other	165	141	115	125
	732	797	762	726

Compound Annual Growth %

	10y	5y	3y
Sales	(0.95%)	8.78%	10.45%
Cash Flow	(5.54%)	18.47%	38.17%
Earnings	4.35%	0.00%	138.91%
Book Value	(3.76%)	14.04%	26.98%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	692	768	—	—	—
’25	675	698	743	669	2,784
’24	599	669	680	713	2,661
’23	537	598	635	655	2,425
’22	446	524	560	536	2,066
’21	438	498	467	467	1,869
’20	537	427	440	424	1,828

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(59)	55	—	—	—
’25	(81)	77	101	221	319
’24	(70)	53	92	128	203
’23	(43)	20	80	153	210
’22	(81)	(44)	86	159	121
’21	(2)	51	36	140	225
’20	(32)	38	27	104	137

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(76)	32	—	—	—
’25	(106)	46	85	192	217
’24	(95)	30	67	95	96
’23	(61)	(2)	54	127	117
’22	(100)	(57)	69	134	46
’21	(10)	40	24	129	182
’20	(59)	28	19	90	78

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.36	0.65	—	—	—
’25	0.49	0.54	0.71	1.76	3.49
’24	0.15	0.34	0.40	0.55	1.44
’23	0.04	0.19	0.29	0.43	0.95
’22	(0.19)	0.04	0.18	0.23	0.26
’21	(0.09)	0.06	(0.07)	(0.39)	(0.49)
’20	(3.71)	(0.25)	(0.80)	(0.25)	(5.01)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	22.47	17.11	10.74	11.38	2.01	7.94	7.25	14.99	18.95	15.46	Analyst estimates 2026–2028 Powerpack
	High	39.04	29.53	28.62	21.29	16.00	18.20	18.20	27.46	30.98	28.31
People
People	Employees	9,300	8,200	8,600	9,100	8,300	8,500	9,200	10,100	10,400	11,100
	Revenue/emp, $m	0.24	0.23	0.22	0.23	0.22	0.22	0.22	0.24	0.26	0.25
Income, $m
Income, $m	Revenue	2,272	1,922	1,909	2,048	1,828	1,869	2,066	2,425	2,661	2,784
	Gross margin, %	12.29	10.13	6.77	4.80	8.97	14.13	14.88	16.45	18.24	20.42
	EBT	43	(18)	(186)	(331)	(499)	(6)	79	161	225	286
	EBT margin, %	1.91	(0.93)	(9.73)	(16.15)	(27.29)	(0.31)	3.83	6.64	8.45	10.27
	Net income	25	166	(212)	(348)	(497)	(49)	26	97	147	354
	Depreciation	250	214	294	263	529	140	121	105	103	102
Per share, $
Per share, $	Revenue	23.17	19.56	19.39	20.71	18.42	18.75	20.62	24.08	26.30	27.78
	Earnings	0.25	1.68	(2.16)	(3.52)	(5.01)	(0.49)	0.26	0.95	1.44	3.49
	Cash flow	3.46	1.39	0.37	1.59	1.38	2.26	1.21	2.09	2.01	3.18
	Capex	(1.11)	(0.94)	(0.94)	(1.40)	(0.59)	(0.43)	(0.74)	(0.92)	(1.06)	(1.02)
	Free cash flow	2.35	0.45	(0.57)	0.20	0.78	1.83	0.46	1.16	0.95	2.16
	Book value	15.47	16.94	14.37	10.88	5.62	5.13	5.25	6.30	7.12	10.74
	Shares, m	98	98	98	99	99	100	100	101	101	100
Valuation, ×
Valuation, ×	P/E	110.50	12.90	0.00	0.00	0.00	0.00	65.00	21.74	18.11	6.87
	P/S	1.24	1.11	0.62	0.72	0.43	0.60	0.82	0.86	0.99	0.87
	P/B	1.86	1.28	0.84	1.37	1.41	2.21	3.22	3.28	3.66	2.24
	EV/Sales	1.39	1.30	0.85	0.94	0.64	0.70	0.89	0.92	1.04	0.84
	EV/FCF	13.71	56.97	(29.18)	98.85	14.92	7.19	39.85	19.02	28.61	10.79
Cash, $m
Cash, $m	Operating cash flow	339	136	37	158	137	225	121	210	203	319
	Capex	(109)	(93)	(92)	(138)	(59)	(43)	(75)	(93)	(107)	(102)
	Free cash flow	230	44	(56)	19	78	182	46	117	96	217
Balance, $m
Balance, $m	Working capital	754	752	750	643	733	687	729	573	591	751
	Total debt	793	792	787	797	805	702	701	477	482	487
	Net debt	343	362	432	423	353	164	132	15	(16)	(201)
	Shareholders’ equity	1,517	1,665	1,415	1,075	558	511	526	634	720	1,077
Returns, %
Returns, %	ROA	0.75	5.41	(7.26)	(12.52)	(20.76)	(2.46)	1.30	4.56	6.45	14.14
	ROIC	2.38	0.33	(4.92)	(12.13)	(30.59)	3.69	10.53	17.45	21.84	21.75
	ROE	1.59	10.46	(13.79)	(27.98)	(60.82)	(9.22)	5.00	16.80	21.78	39.37

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
WFRD Weatherford International PLC	$5.5B	14.9×	16.5×	−8.22% (below 0%: shrinking)	−70.59% (below 0%: shrinking)	+77.50% (above 0%: growing)	30.14%	9.68%	Compare
SEI Solaris Energy Infrastructure, Inc.	$5.2B	61.5×	55.4×	+46.92% (above 0%: growing)	+13.33% (above 0%: growing)	−89.73% (below 0%: shrinking)	57.55%	25.76%	Compare
AROC Archrock, Inc.	$5.1B	15.9×	18.4×	−3.11% (below 0%: shrinking)	+5.56% (above 0%: growing)	+49.96% (above 0%: growing)	65.86%	34.58%	Compare
WHD Cactus, Inc.	$4.9B	51.9×	23.0×	+64.32% (above 0%: growing)	+18.64% (above 0%: growing)	+23.95% (above 0%: growing)	33.31%	18.59%	Compare
KGS Kodiak Gas Services, Inc.	$4.8B	55.5×	31.9×	+21.15% (above 0%: growing)	+22.73% (above 0%: growing)	−194.00% (below 0%: shrinking)	63.09%	31.76%	Compare
OII Oceaneering International, Inc.	$4.3B	12.6×	21.4×	+10.03% (above 0%: growing)	+20.37% (above 0%: growing)	−31.05% (below 0%: shrinking)	20.44%	11.49%
TDW Tidewater Inc.	$3.9B	16.0×	23.4×	+0.25% (above 0%: growing)	−70.07% (below 0%: shrinking)	−15.92% (below 0%: shrinking)	46.88%	18.27%	Compare
USAC USA Compression Partners, LP	$3.6B	23.9×	23.3×	+36.79% (above 0%: growing)	+40.91% (above 0%: growing)	+7.22% (above 0%: growing)	63.53%	29.34%	Compare
WBI WaterBridge Infrastructure LLC	$3.6B	356×	327×	+128.00% (above 0%: growing)	—	+14.45% (above 0%: growing)	59.80%	18.49%	Compare
Median of peers	$4.9B	37.9×	23.4×	+28.97%	+13.33%	+10.84%	58.68%	22.18%

All 46 Oil & Gas Equipment & Services stocks →

Oceaneering International, Inc. (OII) key facts

Strength: Oceaneering International, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 4.62% from fiscal 2024.
Strength: Net income was $353.8 million, or $3.49 per share (basic), a net margin of 12.7%.
Oceaneering International, Inc. (OII) is an Oil & Gas Equipment & Services company in the Energy sector, listed on the New York Stock Exchange.
As of October 16, 2026, OII traded at $43.79, a market capitalization of $4.3 billion.
At that price the stock trades at 12.6× trailing-twelve-month earnings and 1.5× sales; its P/E is higher than 26% of its own readings over the past ten years.
Return on equity was 39.4% and debt-to-equity 0.42.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 3.68 (safe zone) for fiscal 2025.