Stocks · Energy · Oil & Gas Field Services, NEC

OCEANEERING INTERNATIONAL INC

OII Clue Score60
United States Fiscal year ends December CIK 0000073756
$44.81 +0.52% Close, 9 Oct 2026
Price $44.81 +209.03% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue2,271.6Operating income70.8Net income24.6EPS, diluted0.25Fiscal year 2017Revenue1,921.5 −15.4%Operating income10.7Net income166.4 +576.8%EPS, diluted1.68 +572.0%Fiscal year 2018Revenue1,909.5 −0.6%Operating income−145.5Net income−212.3 −227.6%EPS, diluted−2.16 −228.6%Fiscal year 2019Revenue2,000.0 +4.7%Operating income−290.7Net income−348.4EPS, diluted−3.52Fiscal year 2020Revenue1,712.4 −14.4%Operating income−446.1Net income−496.8EPS, diluted−5.01Fiscal year 2021Revenue1,825.5 +6.6%Operating income39.8Net income−49.3EPS, diluted−0.49Fiscal year 2022Revenue1,984.4 +8.7%Operating income110.9Net income25.9EPS, diluted0.26Fiscal year 2023Revenue2,328.4 +17.3%Operating income181.3Net income97.4 +275.5%EPS, diluted0.95 +265.4%Fiscal year 2024Revenue2,540.0 +9.1%Operating income246.3Net income147.5 +51.4%EPS, diluted1.44 +51.6%Fiscal year 2025Revenue2,643.1 +4.1%Operating income304.6Net income353.8 +139.9%EPS, diluted3.49 +142.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 2,271.6 1,921.5 1,909.5 2,000.0 1,712.4 1,825.5 1,984.4 2,328.4 2,540.0 2,643.1
Growth −15.4% −0.6% +4.7% −14.4% +6.6% +8.7% +17.3% +9.1% +4.1%
Operating income 70.8 10.7 −145.5 −290.7 −446.1 39.8 110.9 181.3 246.3 304.6
Net income 24.6 166.4 −212.3 −348.4 −496.8 −49.3 25.9 97.4 147.5 353.8
Growth +576.8% −227.6% +275.5% +51.4% +139.9%
EPS, diluted 0.25 1.68 −2.16 −3.52 −5.01 −0.49 0.26 0.95 1.44 3.49
Growth +572.0% −228.6% +265.4% +51.6% +142.4%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin12.3%Operating margin3.1%Net margin1.1%Free cash flow margin10.0%Fiscal year 2017Gross margin10.1%Operating margin0.6%Net margin8.7%Free cash flow margin2.2%Fiscal year 2018Gross margin6.8%Operating margin−7.6%Net margin−11.1%Free cash flow margin−3.8%Fiscal year 2019Gross margin4.9%Operating margin−14.5%Net margin−17.4%Free cash flow margin0.5%Fiscal year 2020Gross margin9.6%Operating margin−26.0%Net margin−29.0%Free cash flow margin4.4%Fiscal year 2021Gross margin14.5%Operating margin2.2%Net margin−2.7%Free cash flow margin9.6%Fiscal year 2022Gross margin15.5%Operating margin5.6%Net margin1.3%Free cash flow margin2.0%Fiscal year 2023Gross margin17.1%Operating margin7.8%Net margin4.2%Free cash flow margin4.7%Fiscal year 2024Gross margin19.1%Operating margin9.7%Net margin5.8%Free cash flow margin3.8%Fiscal year 2025Gross margin21.5%Operating margin11.5%Net margin13.4%Free cash flow margin7.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 12.3% 10.1% 6.8% 4.9% 9.6% 14.5% 15.5% 17.1% 19.1% 21.5%
Operating margin 3.1% 0.6% −7.6% −14.5% −26.0% 2.2% 5.6% 7.8% 9.7% 11.5%
Net margin 1.1% 8.7% −11.1% −17.4% −29.0% −2.7% 1.3% 4.2% 5.8% 13.4%
Free cash flow margin 10.0% 2.2% −3.8% 0.5% 4.4% 9.6% 2.0% 4.7% 3.8% 7.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow339.4Capital expenditure−112.4Free cash flow227.0Buybacks0.0Fiscal year 2017Operating cash flow136.5Capital expenditure−93.7Free cash flow42.8 −81.2%Buybacks0.0Dividends paid−44.2Fiscal year 2018Operating cash flow36.6Capital expenditure−109.5Free cash flow−72.9 −270.3%Dividends paid0.0Fiscal year 2019Operating cash flow157.6Capital expenditure−147.7Free cash flow9.9Dividends paid0.0Fiscal year 2020Operating cash flow136.6Capital expenditure−60.7Free cash flow76.0 +668.4%Fiscal year 2021Operating cash flow225.3Capital expenditure−50.2Free cash flow175.1 +130.5%Fiscal year 2022Operating cash flow120.9Capital expenditure−81.0Free cash flow39.8 −77.2%Fiscal year 2023Operating cash flow210.0Capital expenditure−100.7Free cash flow109.2 +174.2%Fiscal year 2024Operating cash flow203.2Capital expenditure−107.1Free cash flow96.1 −12.0%Buybacks−20.0Fiscal year 2025Operating cash flow318.9Capital expenditure−111.0Free cash flow207.8 +116.3%Buybacks−40.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 339.4 136.5 36.6 157.6 136.6 225.3 120.9 210.0 203.2 318.9
Capital expenditure −112.4 −93.7 −109.5 −147.7 −60.7 −50.2 −81.0 −100.7 −107.1 −111.0
Free cash flow 227.0 42.8 −72.9 9.9 76.0 175.1 39.8 109.2 96.1 207.8
Growth −81.2% −270.3% +668.4% +130.5% −77.2% +174.2% −12.0% +116.3%
Buybacks 0.0 0.0 n/a n/a n/a n/a n/a n/a −20.0 −40.3
Dividends paid n/a −44.2 0.0 0.0 n/a n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash450.2Total debt793.1Net cash (debt)−342.9Shareholders’ equity1,516.6Debt to equity0.52Fiscal year 2017Cash430.3Total debt792.3Net cash (debt)−362.0Shareholders’ equity1,659.2Debt to equity0.48Fiscal year 2018Cash354.3Total debt786.6Net cash (debt)−432.3Shareholders’ equity1,409.2Debt to equity0.56Fiscal year 2019Cash373.7Total debt796.5Net cash (debt)−422.9Shareholders’ equity1,069.3Debt to equity0.74Fiscal year 2020Cash452.0Total debt805.3Net cash (debt)−353.2Shareholders’ equity552.1Debt to equity1.46Fiscal year 2021Cash538.1Total debt702.1Net cash (debt)−164.0Shareholders’ equity505.0Debt to equity1.39Fiscal year 2022Cash568.7Total debt701.0Net cash (debt)−132.2Shareholders’ equity519.7Debt to equity1.35Fiscal year 2023Cash461.6Total debt477.1Net cash (debt)−15.5Shareholders’ equity628.0Debt to equity0.76Fiscal year 2024Cash497.5Total debt482.0Net cash (debt)15.5Shareholders’ equity714.3Debt to equity0.67Fiscal year 2025Cash688.9Total debt487.4Net cash (debt)201.5Shareholders’ equity1,070.6Debt to equity0.46
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 450.2 430.3 354.3 373.7 452.0 538.1 568.7 461.6 497.5 688.9
Total debt 793.1 792.3 786.6 796.5 805.3 702.1 701.0 477.1 482.0 487.4
Net cash (debt) −342.9 −362.0 −432.3 −422.9 −353.2 −164.0 −132.2 −15.5 15.5 201.5
Shareholders’ equity 1,516.6 1,659.2 1,409.2 1,069.3 552.1 505.0 519.7 628.0 714.3 1,070.6
Debt to equity 0.52 0.48 0.56 0.74 1.46 1.39 1.35 0.76 0.67 0.46

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
339.4 136.5 36.6 157.6 136.6 225.3 120.9 210.0 203.2 318.9
Growth −59.8% −73.2% +330.9% −13.3% +64.9% −46.3% +73.7% −3.2% +56.9%
n/a n/a n/a n/a n/a n/a 121.0 105.0 103.4 102.3
Investment
−112.4 −93.7 −109.5 −147.7 −60.7 −50.2 −81.0 −100.7 −107.1 −111.0
calc 227.0 42.8 −72.9 9.9 76.0 175.1 39.8 109.2 96.1 207.8
Growth −81.2% −270.3% +668.4% +130.5% −77.2% +174.2% −12.0% +116.3%
calc 2.31 0.43 −0.74 0.10 0.77 1.76 0.39 1.07 0.94 2.05
−169.5 −112.0 −98.8 −134.8 −52.6 −34.2 −76.9 −86.4 −124.2 −96.2
Financing
−96.1 −45.9 −5.6 −2.3 −1.7 −101.7 −1.9 −227.3 −27.0 −45.6
n/a −44.2 0.0 0.0 n/a n/a n/a n/a n/a n/a
0.0 0.0 n/a n/a n/a n/a n/a n/a −20.0 −40.3

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.