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OII
Oceaneering International, Inc.
$39.85
0.84
(2.15%)
| Exchange: | NYSE |
| Market Cap: | 3.975B |
| Shares Outstanding: | 31.408M |
Delayed data
About The Company
| Sector: | Energy | |||||
| Industry: | Oil & Gas Equipment & Services | |||||
| CEO: | Roderick A. Larson | |||||
| Full Time Employees: | 10400 | |||||
| Address: |
| |||||
| Website: | https://www.oceaneering.com |
Headquartered in Houston, Texas, Oceaneering International, Inc., established in 1964, is a global provider of specialized engineering services, innovative products, and advanced robotic solutions. The company serves a diverse clientele spanning the offshore energy, defense, aerospace, manufacturing, and entertainment sectors. Its Subsea Robotics division deploys Remotely Operated Vehicles (ROVs) to assist drilling operations and perform vessel-based tasks such as subsea hardware deployment, construction activities, pipeline and facility inspections, maintenance, and repair. Furthermore, this segment supplies specialized ROV tooling, a range of survey services including hydrographic mapping and precise positioning, and autonomous underwater vehicles (AUVs) tailored for geoscience applications. By the close of 2021, the company maintained a fleet of 250 work-class ROVs. The Manufactured Products segment engineers and delivers essential distribution and connection systems for the energy sector, encompassing production control umbilicals, field development hardware, and pipeline connection and repair apparatus. It also supplies autonomous mobile robots, automated guided vehicle (AGV) technologies, and entertainment systems to a variety of other industries. Oceaneering’s Offshore Projects Group undertakes comprehensive subsea installation and intervention, which includes riserless light well intervention, inspection, maintenance, and repair services. They also furnish installation and workover control systems (including specific ROV workover control solutions), provide expert project management and engineering, and offer drill pipe riser services and systems, alongside wellhead load relief solutions. The Integrity Management & Digital Solutions division specializes in asset integrity management. It additionally provides bespoke software and analytical tools for the bulk cargo maritime sector, coupled with broad software, digital, and connectivity solutions for the energy industry. Finally, its Aerospace and Defense Technologies segment delivers critical government services and products, encompassing engineering and manufacturing support for defense and space exploration missions, primarily catering to U.S. government agencies and their primary contractors.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 2,424,706 | 2,661,161 | 2,784,156 |
| Gross Profit | 398,971 | 485,494 | 568,442 |
| EBITDA | 302,538 | 366,276 | 425,132 |
| Operating Income | 181,328 | 246,270 | 304,552 |
| Net Income | 97,403 | 147,468 | 353,761 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 2,239,006 | 2,336,347 | 2,667,254 |
| Total Liabilities | 1,604,923 | 1,616,025 | 1,590,591 |
| Total Stockholders Equity | 628,020 | 714,259 | 1,076,663 |
| Total Debt | 848,657 | 851,749 | 487,417 |
| Cash and Cash Equivalents | 461,566 | 497,516 | 688,874 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 209,955 | 203,214 | 318,861 |
| Capital Expenditure | -100,726 | -107,136 | -111,015 |
| Free Cash Flow | 109,229 | 96,078 | 207,846 |
| Net Income | 97,403 | 147,468 | 353,761 |
| Net Change in Cash | -107,179 | 35,950 | -23,782 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 3,574,767.977 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 3,651,354.234 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 3,609,000 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 782,827.465 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 799,598.854 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 790,323.830 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 297,039.928 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 305,336.324 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 300,748.142 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 282,223.830 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 288,270.227 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 284,926.409 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 2.970 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 3.020 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 2.930 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 1 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeForward P/E Ratios
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Login — it's freeSWOT Analysis
Strengths (preview)
- Solid Revenue Performance: OII has demonstrated consistent revenue generation as per recent income statements, supported by strong gross profit margins (as indicated by grossProfitMarginTTM). This reflects operational efficiency and a robust business model within the energy services sector.
- Positive Free Cash Flow: The company exhibits healthy free cash flow (freeCashFlowYieldTTM and freeCashFlow from cash flow statements), indicating strong liquidity to fund operations, reduce debt, or invest in growth initiatives without relying heavily on external financing.
- Industry Positioning: Operating in the oil and gas equipment and services industry (industryName), OII benefits from a specialized niche within the broader energy sector (sectorName), potentially providing a competitive edge over diversified peers as reflected in industry performance metrics (industry_perf1y, industry_perf5y).
- Experienced Leadership: Under the guidance of its CEO (as per company profile), OII maintains strategic direction focused on innovation and operational excellence, which is critical for sustaining long-term growth in a cyclical industry.
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At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates OII intrinsic value between $13.81 – $53.86 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
[intrinsic_calculator]
Common questions about OII valuation
Is Oceaneering International, Inc. (OII) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Oceaneering International, Inc. (OII) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is OII a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether OII trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is OII’s P/E ratio?
You can see OII’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for OII?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is OII a good long-term investment?
Whether OII fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
OII
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Daily snapshot
2.15
Trading Metrics:
| Open: | 39.1 | Previous Close: | 39.01 | |
| Day Low: | 39.1 | Day High: | 39.91 | |
| Year Low: | 20.21 | Year High: | 40.12 | |
| Price Avg 50: | 37.42 | Price Avg 200: | 29.84 | |
| Volume: | 21382 | Average Volume: | 1.141M |
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Login — it's freeOII full analysis
Welcome to MARKETSNAP’s SWOT analysis for Oceaneering International, or OII as it’s known on the ticker. If you’re not familiar with this name, let me give you the quick rundown. Oceaneering International is a key player in the energy services space, operating within the oil and gas industry, and they’re based out of the United States. They provide a range of specialized services and products, from subsea engineering to robotics, primarily supporting offshore energy exploration and production. With a solid…
