OCEANEERING INTERNATIONAL INC OII

Energy SIC 1389 - Oil & Gas Field Services, NEC NAICS Mining, Quarrying, and Oil and Gas Extraction › Support Activities for Mining › Support Activities for Oil and Gas Operations derived NYSE

Last close 39.27 2026-10-23
Market cap $3.91B 2026-06-30 share count
52-week range 22.13 - 54.25

Valuation FY2025 figures against the last close

P/S1.5x
P/E11.3x
P/FCF18.8x
EV/EBITDA9.1x
Dividend yield—
Diluted EPS3.49

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Africa
  • United Kingdom
  • Asia Pacific
  • Brazil
  • Norway
Revenue by geography, 6 categories over 2 years. The same figures are in the table below. FY2025 United States, FY2025: 1.2B (46.3%) 46% United States Africa, FY2025: 417.6M (15.5%) 16% Africa United Kingdom, FY2025: 289.6M (10.8%) 11% United Kingdom Asia Pacific, FY2025: 259.2M (9.6%) 10% Asia Pacific Brazil, FY2025: 248.1M (9.2%) 9% Brazil Norway, FY2025: 228.4M (8.5%) 9% Norway FY2024 United States, FY2024: 1.1B (44.6%) 45% Africa, FY2024: 434.5M (17.2%) 17% United Kingdom, FY2024: 291.5M (11.5%) 12% Asia Pacific, FY2024: 233.1M (9.2%) 9% Brazil, FY2024: 229.5M (9.1%) 9% Norway, FY2024: 210.6M (8.3%) 8%
Region FY2025FY2024
United States $1.24B $1.13B
Africa $417.6M $434.5M
United Kingdom $289.6M $291.5M
Asia Pacific $259.2M $233.1M
Brazil $248.1M $229.5M
Norway $228.4M $210.6M

As the company reported it, from the “Operations by Business Segment and Geographic Area - Revenues and Long-Lived Assets by Location (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $2.64B$2.54B$2.42B$2.07B$1.87B$1.83B$2.05B$1.91B$1.92B$2.27B
Cost of revenue $2.22B$2.18B$2.03B$1.76B$1.61B$1.66B$1.95B$1.78B$1.73B$1.99B
Gross profit $568.4M$485.5M$399.0M$307.4M$264.1M$163.9M$98.2M$129.2M$194.6M$279.2M
SG&A $263.9M$239.2M$217.6M$196.5M$224.3M$195.7M$214.9M$198.3M$184.0M$208.5M
Operating income $304.6M$246.3M$181.3M$110.9M$39.8M-$446.1M-$290.7M-$145.5M$10.7M$70.8M
Interest expense $37.0M$37.9M$36.5M$38.2M$38.8M$43.9M$42.7M$37.7M$27.8M$25.3M
Pre-tax income $421.6M$224.9M$161.1M$79.1M-$5.7M-$494.6M-$330.8M-$185.8M$350.6M$43.3M
Income tax $67.9M$77.4M$63.7M$53.1M$43.6M$2.1M$17.6M$26.5M$184.2M$18.8M
Net income $353.8M$147.5M$97.4M$25.9M-$49.3M-$496.8M-$348.4M-$212.3M$166.4M$24.6M
EPS, basic 3.531.460.970.26-0.49-5.01-3.52-2.161.690.25
EPS, diluted 3.491.440.950.26-0.49-5.01-3.52-2.161.680.25
Shares, diluted (wtd. avg.) 101.3M102.4M102.2M101.4M99.7M99.2M98.9M98.5M98.8M98.4M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $688.9M$497.5M$461.6M$568.7M$538.1M$452.0M$373.7M$354.3M$430.3M$450.2M
Short-term investments $7.0M$7.0M$0$6.4M$6.4M$10.2M————
Receivables $308.5M$303.6M$331.3M$296.6M$263.0M$296.2M$421.4M$368.9M$476.9M$489.7M
Inventory $201.6M$222.8M$209.8M$184.4M$153.7M$141.2M$174.7M$194.5M$215.3M$280.1M
Total current assets $1.51B$1.39B$1.31B$1.30B$1.19B$1.17B$1.24B$1.24B$1.19B$1.26B
Property, plant and equipment $451.7M$420.1M$424.3M$438.4M$489.6M$591.1M$776.5M$964.7M$1.06B$1.15B
Goodwill $51.0M$49.4M$34.2M$34.3M$34.9M$35.0M$405.1M$413.1M$455.6M$443.6M
Other intangibles $30.3M$33.3M$21.2M$11.5M$12.6M$14.3M$25.8M$80.0M$85.3M$87.8M
Total assets $2.67B$2.34B$2.24B$2.03B$1.96B$2.05B$2.74B$2.82B$3.02B$3.13B
Accounts payable $174.7M$181.5M$156.1M$148.0M$122.3M$94.2M$145.9M$102.6M$85.5M$77.6M
Total current liabilities $761.7M$796.9M$732.5M$568.4M$501.2M$437.1M$601.0M$494.7M$435.8M$508.4M
Long-term debt $487.4M$482.0M$477.1M$701.0M$702.1M$805.3M$796.5M$786.6M$792.3M$793.1M
Retained earnings $1.93B$1.57B$1.43B$1.33B$1.30B$1.35B$1.85B$2.20B$2.42B$2.30B
Total equity $1.07B$714.3M$628.0M$519.7M$505.0M$552.1M$1.07B$1.41B$1.66B$1.52B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $318.9M$203.2M$210.0M$120.9M$225.3M$136.6M$157.6M$36.6M$136.5M$339.4M
Depreciation and amortisation $102.3M$103.4M$105.0M$121.0M$136.0M$170.0M$212.0M$200.0M$204.0M—
Stock-based compensation $14.8M$12.8M$12.1M$10.4M$11.0M$8.7M$11.4M$11.6M$11.5M$14.7M
Capital expenditure $111.0M$107.1M$100.7M$81.0M$50.2M$60.7M$147.7M$109.5M$93.7M$112.4M
Investing cash flow -$96.2M-$124.2M-$86.4M-$76.9M-$34.2M-$52.6M-$134.8M-$98.8M-$112.0M-$169.5M
Financing cash flow -$45.6M-$27.0M-$227.3M-$1.9M-$101.7M-$1.7M-$2.3M-$5.6M-$45.9M-$96.1M
Dividends paid ——————$0$0$44.2M—
Buybacks $40.3M$20.0M——————$0$100.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000073756-26-000016.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B 0 1B 2B 3B Revenue, FY2016: 2.3B Gross profit, FY2016: 279.2M Net income, FY2016: 24.6M Revenue, FY2017: 1.9B Gross profit, FY2017: 194.6M Net income, FY2017: 166.4M Revenue, FY2018: 1.9B Gross profit, FY2018: 129.2M Net income, FY2018: -212.3M Revenue, FY2019: 2B Gross profit, FY2019: 98.2M Net income, FY2019: -348.4M Revenue, FY2020: 1.8B Gross profit, FY2020: 163.9M Net income, FY2020: -496.8M Revenue, FY2021: 1.9B Gross profit, FY2021: 264.1M Net income, FY2021: -49.3M Revenue, FY2022: 2.1B Gross profit, FY2022: 307.4M Net income, FY2022: 25.9M Revenue, FY2023: 2.4B Gross profit, FY2023: 399M Net income, FY2023: 97.4M Revenue, FY2024: 2.5B Gross profit, FY2024: 485.5M Net income, FY2024: 147.5M Revenue, FY2025: 2.6B Gross profit, FY2025: 568.4M Net income, FY2025: 353.8M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $2.27B $1.92B $1.91B $2.05B $1.83B $1.87B $2.07B $2.42B $2.54B $2.64B
Gross profit $279.2M $194.6M $129.2M $98.2M $163.9M $264.1M $307.4M $399.0M $485.5M $568.4M
Net income $24.6M $166.4M -$212.3M -$348.4M -$496.8M -$49.3M $25.9M $97.4M $147.5M $353.8M

Recent filings and events

  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Regulation FD disclosure Item 7.01
  • Material agreement signed Item 1.01
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 1389

TickerCompanyMarket capP/ERevenue growth
SLB SLB LIMITED/NV $78.75B 22.6x -1.6%
HAL HALLIBURTON CO $29.09B — -3.3%
LBRT Liberty Energy Inc. $2.54B 17.5x -7.2%
NESR National Energy Services Reunited Corp. $2.06B 39.3x 1.7%
HLX HORNBECK OFFSHORE SERVICES, INC. $1.56B 50.5x -4.9%
WBI WaterBridge Infrastructure LLC $1.45B — 66.2%
RES RPC INC $1.39B 41.7x 15.0%
PUMP ProPetro Holding Corp. $895.4M 729.0x -12.1%