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OI

Oceaneering International, Inc.

OIIEnergyNASDAQ

Oil & Gas Equipment & Services · Last scanned May 30, 2026

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Financials · Annual
Revenue
$2.78B
+4.6% YoY
Net Income
$353.8M
+139.9% YoY
EBITDA
$425.1M
+16.1% YoY
Free Cash Flow
$254.6M

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About Oceaneering International, Inc.

Oceaneering International, Inc. provides engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries in the United States, Africa, the United Kingdom, Norway,. The $3.81B market capitalization puts OII squarely in mid-cap range for its industry. It operates through five segments: Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies.

Key stats
Market Cap$3.81B
P/E (TTM)11.38
Fwd P/E18.36
EPS$3.36
Beta1.17
52W Change+98.0%
ROE35.9%
Analysis

Oceaneering International, Inc. carries $848.8M in total debt against $614.5M in cash reserves — debt is modestly above the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow comes in at $254.6M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 35.9%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 7.3% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $2.07B (2022) to $2.78B (2025), reflecting a 35% increase over the period.

Investors considering Oceaneering International, Inc. should weigh the typical risks associated with OII's sector, size, and financial profile against their own risk tolerance and investment objectives. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing OII.

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