CoverageForm 410-K10-Q8-K13D13G13F

OII · Oceaneering International Inc - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · OII

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$2.78B$2.66B$2.42B$2.07B$1.87B$1.83B
Cost of Revenue$2.22B$2.18B$2.03B$1.76B$1.61B$1.66B
Gross Profit$568.44M$485.49M$398.97M$307.38M$264.06M$163.94M
R&D------
SG&A$263.89M$239.22M$217.64M$196.51M$224.27M$195.69M
Total Operating Expenses------
D&A$102.25M$103.44M$104.96M$120.97M$139.72M$528.89M
Operating Income$304.55M$246.27M$181.33M$110.86M$39.80M($446.08M)
Interest Expense$36.98M$37.92M$36.52M$38.22M$38.81M$43.90M
Income Tax($67.86M)$77.45M$63.65M$53.11M$43.60M($2.15M)
Net Income$353.76M$147.47M$97.40M$25.94M($49.31M)($496.75M)
EPS - Basic$3.53$1.46$0.97$0.26($0.49)($5.01)
EPS - Diluted$3.49$1.44$0.95$0.26($0.49)($5.01)

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$688.87M$497.52M$461.57M$568.75M$538.11M$452.02M
Accounts Receivable$308.49M$303.58M$331.33M$296.55M$262.96M$296.21M
Inventory$201.59M$222.85M$209.80M$184.38M$153.68M$141.24M
Accounts Payable$174.72M$181.50M$156.06M$148.02M$122.33M$94.21M
Current Assets$1.51B$1.39B$1.31B$1.30B$1.19B$1.17B
Total Assets$2.67B$2.34B$2.24B$2.03B$1.96B$2.05B
Current Liabilities$761.73M$796.94M$732.48M$568.41M$501.16M$437.12M
Long-term Debt$487.42M$482.01M$477.06M$700.97M$702.07M$805.25M
Total Liabilities------
Stockholders' Equity$1.07B$714.26M$628.02M$519.74M$504.96M$552.09M
Retained Earnings$1.93B$1.57B$1.43B$1.33B$1.30B$1.35B

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$318.86M$203.21M$209.96M$120.88M$225.31M$136.65M
Investing Cash Flow($96.23M)($124.17M)($86.35M)($76.86M)($34.16M)($52.59M)
Financing Cash Flow($45.55M)($27.04M)($227.30M)($1.86M)($101.68M)($1.70M)
CapEx$111.02M$107.14M$100.73M$81.04M$50.20M$60.69M
Free Cash Flow$207.85M$96.08M$109.23M$39.84M$175.12M$75.96M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin20.4%18.2%16.5%14.9%14.1%9.0%
Operating margin10.9%9.3%7.5%5.4%2.1%-24.4%
EBITDA margin14.6%13.1%11.8%11.2%9.6%4.5%
Net margin12.7%5.5%4.0%1.3%-2.6%-27.2%
Free cash flow margin7.5%3.6%4.5%1.9%9.4%4.2%
FCF / Net income0.590.651.121.54-3.55-0.15
R&D / Revenue------
SG&A / Revenue9.5%9.0%9.0%9.5%12.0%10.7%
Effective tax rate-23.7%34.4%39.5%67.2%--
Return on assets13.3%6.3%4.4%1.3%-2.5%-24.3%
Return on equity33.0%20.6%15.5%5.0%-9.8%-90.0%
Return on invested capital19.5%13.5%9.9%4.5%2.6%-26.0%
Liquidity
Current ratio1.991.741.782.282.372.68
Quick ratio1.721.461.501.962.062.35
Cash ratio0.900.620.631.001.071.03
Leverage
Debt / Equity0.460.670.761.351.391.46
Debt / Assets0.180.210.210.350.360.39
Debt / EBITDA1.201.381.673.023.919.72
Interest coverage8.2x6.5x5.0x2.9x1.0x-10.2x
Equity multiplier2.493.273.573.913.893.71
Liabilities / Assets------
Efficiency
Asset turnover1.041.141.081.020.950.89
Inventory turnover10.999.769.669.5410.4511.78
Days sales outstanding40d42d50d52d51d59d
Days inventory outstanding33d37d38d38d35d31d
Days payable outstanding29d30d28d31d28d21d
Cash conversion cycle45d49d60d60d58d69d
Valuation
P / E6.9x18.1x22.4x67.3x--
P / B2.3x3.7x3.5x3.4x2.2x1.4x
P / S0.9x1.0x0.9x0.9x0.6x0.4x
EV / EBITDA5.5x7.6x7.6x8.2x7.2x13.8x
Growth
Revenue growth (YoY)4.6%9.8%17.4%10.5%2.3%-10.8%
Revenue CAGR (3y)10.5%12.5%9.9%0.3%-0.7%-1.7%
Revenue CAGR (5y)8.8%5.4%4.9%1.5%-3.8%-9.8%
Gross profit growth (YoY)17.1%21.7%29.8%16.4%61.1%66.9%
Operating income growth (YoY)23.7%35.8%63.6%178.6%--53.4%
Net income growth (YoY)139.9%51.4%275.5%-90.1%-42.6%
EPS growth (YoY)142.4%51.6%265.4%-90.2%-42.3%
EPS CAGR (3y)137.7%-----
EPS CAGR (5y)----31.1%--
FCF growth (YoY)116.3%-12.0%174.2%-77.2%130.5%668.4%
FCF CAGR (5y)22.3%57.6%--1.4%-5.2%-26.8%
Book value growth (YoY)49.9%13.7%20.8%2.9%-8.5%-48.4%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$2.78B total
Subsea Robotics$855.22M · 30.7%
Offshore Projects Group$616.04M · 22.1%
Manufactured Products$568.97M · 20.4%
Aerospace And Defense Technologies$459.90M · 16.5%
Integrity Management Digital Solutions$284.02M · 10.2%

Product / service

$2.78B total
Service$2.21B · 79.3%
Product$575.97M · 20.7%

Geographic

$4.32B total
Non Us$1.54B · 35.6%
US$1.24B · 28.8%
Africa$417.62M · 9.7%
GB$289.57M · 6.7%
Asia Pacific$259.20M · 6.0%
BR$248.06M · 5.7%
NO$228.44M · 5.3%
Other Geographical Member$97.81M · 2.3%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

6/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Oil & Gas Field Services, NEC

CompanyRevenue (last FY)Net marginROE
HAL--12.3%
SLB$35.71B9.4%12.9%
PUMP$1.27B0.1%0.1%
LBRT$4.01B3.7%7.1%
WTTR$1.41B1.5%2.6%

Comparing OCEANEERING INTERNATIONAL INC against the 5 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months

Ex-datePer share
Aug 23, 2017$0.1500
May 24, 2017$0.1500
Feb 22, 2017$0.1500
Nov 22, 2016$0.1500
Aug 24, 2016$0.2700
May 25, 2016$0.2700
Feb 24, 2016$0.2700
Nov 24, 2015$0.2700
Aug 26, 2015$0.2700
May 27, 2015$0.2700
Feb 25, 2015$0.2700
Nov 25, 2014$0.2700
Aug 27, 2014$0.2700
May 28, 2014$0.2700
Feb 26, 2014$0.2200
Nov 26, 2013$0.2200
Aug 28, 2013$0.2200
May 29, 2013$0.2200
Feb 27, 2013$0.1800
Nov 28, 2012$0.1800
Aug 29, 2012$0.1800
May 30, 2012$0.1800
Feb 28, 2012$0.1500
Nov 29, 2011$0.1500