Stocktoria

OCEANEERING INTERNATIONAL INC OII

NYSE · stock · Oil & Gas Field Services, NEC · website · IPO 1991-12-17 · LEI

OCEANEERING INTERNATIONAL INC statistics & valuation

Market cap$4.0B
P / S1.4×
P / B3.7×
P / FCF19.2×
FCF margin7.5%
Net cash$201.5M
Net debt / EBITDA-0.5×
Enterprise value USD$3.8B
EV / EBITDA9.3×
Earnings yield EBIT/EV8%
Return on capital16%
Graham number -43.4%$28.89

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($28.89); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
12.30% 10.10% 6.80% 4.80% 9.00% 14.10% 14.90% 16.50% 18.20% 20.40% 2016201720182019202020212022202320242025
Operating margin (%)
3.10% 0.60% -7.60% -14.20% -24.40% 2.10% 5.40% 7.50% 9.30% 10.90% 2016201720182019202020212022202320242025
Return on equity (%)
2016201720182019202020212022202320242025
Shares outstanding
98.4M 98.8M 98.5M 98.9M 99.2M 99.7M 110.8M 110.8M 110.8M 101.3M 2016201720182019202020212022202320242025
Net debt ($)
$342.9M $362.0M $432.3M $422.9M $353.2M $164.0M $132.2M $15.5M -$15.5M -$201.5M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2016201720182019202020212022202320242025
Free cash flow margin (%)
10.00% 2.20% -3.80% 0.50% 4.20% 9.40% 1.90% 4.50% 3.60% 7.50% 2016201720182019202020212022202320242025
Debt / equity (×)
0.52× 0.48× 0.56× 0.74× 1.44× 1.37× 1.33× 0.75× 0.67× 0.45× 2016201720182019202020212022202320242025
EPS ($)
$0.25 $1.68 -$2.16 -$3.52 -$5.01 -$0.49 $0.26 $0.95 $1.44 $3.49 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

OCEANEERING INTERNATIONAL INC trades at about 14.6× earnings — below its 10-year norm (10-year range 8.6×–111.4×, median 19.9×).

8.6× 111.4×

Shaded band = 10-year range (8.6×–111.4×); dot = today's 14.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin20.4%18.2%16.5%14.9%14.1%9.0%4.8%6.8%10.1%12.3%
Operating margin10.9%9.3%7.5%5.4%2.1%-24.4%-14.2%-7.6%0.6%3.1%
FCF margin7.5%3.6%4.5%1.9%9.4%4.2%0.5%-3.8%2.2%10.0%
Debt / equity0.45×0.67×0.75×1.33×1.37×1.44×0.74×0.56×0.48×0.52×
Current ratio1.991.741.782.282.372.682.072.522.722.48

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.