Oceaneering International (OII) Financials

$16.93 -0.05 (-0.27%)

Closing price 04/15/2025 03:59 PM Eastern

Extended Trading

$16.96 +0.03 (+0.15%)

As of 04/15/2025 07:33 PM Eastern

Annual Income Statements for Oceaneering International

This table shows Oceaneering International's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	428	231	25	166	-195	-335	-468	-40	27	97	147
Consolidated Net Income / (Loss)	428	231	25	166	-212	-348	-497	-40	26	97	147
Net Income / (Loss) Continuing Operations	428	231	25	166	-195	-335	-468	-40	27	97	147
Total Pre-Tax Income	623	336	43	-18	-186	-331	-499	4.06	79	161	225
Total Operating Income	628	374	71	11	-145	-291	-446	40	111	181	246
Total Gross Profit	859	605	279	195	129	98	164	264	307	399	485
Total Revenue	3,660	3,063	2,272	1,922	1,909	2,048	1,828	1,869	2,066	2,425	2,661
Operating Revenue	3,660	3,063	2,272	1,922	1,909	2,048	1,828	1,869	2,066	2,425	2,661
Total Cost of Revenue	2,800	2,457	1,992	1,727	1,780	2,109	1,664	1,605	1,759	2,026	2,176
Operating Cost of Revenue	2,800	2,457	1,992	1,727	1,780	1,950	1,664	1,605	1,759	2,026	2,176
Total Operating Expenses	231	232	208	184	275	230	596	224	198	219	236
Selling, General & Admin Expense	231	232	208	184	198	215	196	224	197	218	239
Other Operating Expenses / (Income)	-	-	-	-	-	-	-14	-	1.01	1.24	-3.51
Total Other Income / (Expense), net	-4.85	-38	-27	-29	-23	-27	-39	-36	-31	-19	-25
Interest Expense	4.71	25	25	28	38	43	44	39	38	37	38
Interest & Investment Income	0.24	2.84	4.14	5.37	6.18	9.22	5.35	3.07	7.42	17	13
Other Income / (Expense), net	-0.39	-15	-6.24	-6.06	-8.79	6.62	0.00	0.00	0.00	0.00	0.00
Income Tax Expense	195	105	19	-184	26	18	-2.15	44	53	64	77
Basic Earnings per Share	$4.02	$2.35	$0.25	$1.69	($2.16)	($3.52)	($5.01)	($0.49)	$0.26	$0.97	$1.46
Weighted Average Basic Shares Outstanding	106.59M	98.42M	98.04M	98.24M	98.50M	98.88M	99.23M	99.71M	100.19M	100.70M	101.18M
Diluted Earnings per Share	$4.00	$2.34	$0.25	$1.68	($2.16)	($3.52)	($5.01)	($0.49)	$0.26	$0.95	$1.44
Weighted Average Diluted Shares Outstanding	107.09M	98.81M	98.42M	98.76M	98.50M	98.88M	99.23M	99.71M	101.45M	102.16M	102.37M
Weighted Average Basic & Diluted Shares Outstanding	106.50M	98.30M	98.30M	98.50M	98.84M	98.93M	198.62M	199.30M	100.15M	100.81M	110.83M
Cash Dividends to Common per Share	$1.03	$1.08	$0.96	$0.45	$0.00	$0.00	$0.00	-	$0.00	$0.00	$0.00

This table shows Oceaneering International's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	18	24	4.06	19	30	45	15	35	41	56
Consolidated Net Income / (Loss)	18	23	4.06	19	30	45	15	35	41	56
Net Income / (Loss) Continuing Operations	18	24	4.06	19	30	45	15	35	41	56
Total Pre-Tax Income	38	35	23	38	53	47	32	55	69	69
Total Operating Income	47	42	27	49	58	47	37	60	71	78
Total Gross Profit	96	90	78	101	115	106	92	120	131	142
Total Revenue	560	536	537	598	635	655	599	669	680	713
Operating Revenue	560	536	537	598	635	655	599	669	680	713
Total Cost of Revenue	464	446	459	497	520	549	507	549	549	572
Operating Cost of Revenue	464	446	459	497	520	549	507	549	549	572
Total Operating Expenses	49	49	51	52	57	59	56	60	60	61
Selling, General & Admin Expense	49	48	51	52	57	58	56	60	60	64
Total Other Income / (Expense), net	-8.88	-6.06	-4.10	-11	-4.61	0.41	-4.52	-5.06	-2.73	-13
Interest Expense	9.55	9.60	9.28	9.52	9.80	7.92	9.20	9.52	9.46	9.74
Interest & Investment Income	1.89	3.35	5.11	4.63	4.22	3.53	3.21	2.70	3.60	3.55
Other Income / (Expense), net	-1.22	0.20	0.08	-5.85	0.97	4.80	1.48	1.76	3.13	-6.37
Income Tax Expense	20	12	19	19	24	2.09	17	20	27	13
Basic Earnings per Share	$0.18	$0.23	$0.04	$0.19	$0.30	$0.44	$0.15	$0.34	$0.41	$0.56
Weighted Average Basic Shares Outstanding	100.26M	100.19M	100.44M	100.78M	100.78M	100.70M	101.03M	101.44M	101.42M	101.18M
Diluted Earnings per Share	$0.18	$0.23	$0.04	$0.19	$0.29	$0.43	$0.15	$0.34	$0.40	$0.55
Weighted Average Diluted Shares Outstanding	101.31M	101.45M	102.03M	102.00M	102.21M	102.16M	102.25M	102.47M	102.61M	102.37M
Weighted Average Basic & Diluted Shares Outstanding	100.26M	100.15M	100.77M	100.78M	100.73M	100.81M	101.39M	101.48M	101.06M	110.83M

This table details how cash moves in and out of Oceaneering International's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	339	-45	60	-20	333	19	78	86	31	-107	36
Net Cash From Operating Activities	722	564	339	136	37	158	137	225	121	210	203
Net Cash From Continuing Operating Activities	722	564	339	136	326	232	137	225	121	205	203
Net Income / (Loss) Continuing Operations	428	231	25	166	-212	-348	-497	-49	26	97	147
Consolidated Net Income / (Loss)	428	231	25	166	-212	-348	-497	-49	26	97	147
Depreciation Expense	230	241	250	214	294	263	529	-	121	105	103
Non-Cash Adjustments To Reconcile Net Income	-2.73	18	36	-215	87	220	87	162	-7.39	-9.53	-1.66
Changes in Operating Assets and Liabilities, net	66	74	28	-28	-57	97	17	112	-19	12	-46
Net Cash From Investing Activities	-419	-437	-169	-112	-99	-135	-53	-34	-77	-86	-124
Net Cash From Continuing Investing Activities	-419	-437	-174	-112	17	9.51	-53	-34	-77	-86	-124
Purchase of Property, Plant & Equipment	-387	-200	-112	-94	-	-	-61	-50	-81	-101	-107
Acquisitions	-40	-224	-30	-11	-	0.00	0.00	0.00	0.00	0.00	-27
Purchase of Investments	0.00	-20	-39	-11	-	-	0.00	0.00	0.00	0.00	-7.00
Sale of Property, Plant & Equipment	2.43	0.38	3.42	0.94	17	9.51	1.89	7.10	6.47	7.85	0.22
Divestitures	-	-	-	-	-	-	-	-	0.00	0.00	12
Sale and/or Maturity of Investments	4.77	5.96	6.47	2.56	-	0.00	6.21	7.78	0.71	8.75	3.18
Other Investing Activities, net	-	-	2.29	-0.21	-	0.00	0.00	1.16	-3.00	-2.22	1.92
Net Cash From Financing Activities	45	-160	-96	-46	-5.63	-2.30	-1.70	-102	-1.86	-227	-27
Net Cash From Continuing Financing Activities	45	-160	-96	-46	-1.44	-2.30	-1.70	-102	-1.86	-227	-27
Repayment of Debt	-	-	-1.92	-1.70	-1.44	-2.30	-1.70	-102	0.00	-400	-0.11
Repurchase of Common Equity	-590	-100	-	0.00	-	0.00	0.00	0.00	0.00	0.00	-20
Issuance of Debt	742	50	0.00	0.00	-	0.00	0.00	0.00	0.00	178	0.00
Other Financing Activities, net	3.93	-3.20	-	0.00	-	0.00	-	-	-1.86	-4.97	-6.88
Other Net Changes in Cash	-	-	-	-	-	-	-4.00	-	-12	-3.48	-16

This table details how cash moves in and out of Oceaneering International's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	59	141	-64	-0.96	52	-95	-107	28	69	46
Net Cash From Operating Activities	86	159	-43	20	80	153	-70	53	92	128
Net Cash From Continuing Operating Activities	86	159	-43	20	80	148	-70	53	92	128
Net Income / (Loss) Continuing Operations	18	23	4.06	19	30	45	15	35	41	56
Consolidated Net Income / (Loss)	18	23	4.06	19	30	45	15	35	41	56
Depreciation Expense	30	28	28	26	26	25	27	26	25	25
Non-Cash Adjustments To Reconcile Net Income	2.68	-7.65	-0.93	3.54	6.41	-19	-1.18	0.11	7.87	-8.46
Changes in Operating Assets and Liabilities, net	35	116	-74	-28	18	97	-111	-8.46	18	56
Net Cash From Investing Activities	-16	-26	-16	-21	-20	-30	-23	-20	-20	-61
Net Cash From Continuing Investing Activities	-16	-26	-16	-21	-26	-24	-23	-20	-20	-61
Purchase of Property, Plant & Equipment	-19	-26	-18	-22	-26	-34	-26	-23	-25	-34
Divestitures	-	-	-	-	-	-	-	-	-	0.50
Other Investing Activities, net	-	-	1.35	-	-	-3.57	0.90	1.08	0.33	-0.40
Net Cash From Financing Activities	0.20	-	-4.94	-0.40	0.20	-222	-7.46	0.45	-10	-9.93
Net Cash From Continuing Financing Activities	0.20	-	-4.94	-0.40	0.20	-222	-7.46	0.45	-10	-9.93
Repayment of Debt	0.20	1.86	0.00	-	-	-400	-0.11	-0.04	0.05	-0.00
Repurchase of Common Equity	-	-	-	-	-	-	-	-	-	-10
Other Financing Activities, net	-	-	-4.94	-0.40	0.20	0.17	-7.34	0.50	-0.17	0.13
Other Net Changes in Cash	-11	7.51	-0.22	0.17	-	-	-6.49	-4.90	7.20	-12

This table presents Oceaneering International's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	3,505	3,430	3,130	3,024	2,825	2,741	2,046	1,963	2,032	2,239	2,336
Total Current Assets	1,714	1,517	1,263	1,187	1,245	1,244	1,170	1,188	1,297	1,306	1,388
Cash & Equivalents	431	385	450	430	354	374	452	538	569	462	498
Accounts Receivable	778	613	490	477	369	421	292	263	297	331	304
Inventories, net	376	328	280	215	195	175	141	154	184	210	223
Other Current Assets	129	191	-	-	327	275	59	233	247	303	364
Plant, Property, & Equipment, net	1,306	1,267	1,153	1,064	965	777	591	490	438	424	420
Plant, Property & Equipment, gross	2,661	2,773	2,728	2,816	2,838	777	1,864	2,452	2,436	2,286	2,156
Accumulated Depreciation	1,355	1,506	1,575	1,751	1,873	-	1,865	1,963	1,997	1,862	1,736
Total Noncurrent Assets	486	645	710	772	615	720	978	285	296	509	528
Goodwill	331	427	444	456	413	405	35	35	34	34	49
Other Noncurrent Operating Assets	154	218	267	317	202	315	421	250	262	475	479
Total Liabilities & Shareholders' Equity	3,505	3,430	3,130	3,024	2,825	2,741	2,046	1,963	2,032	2,239	2,336
Total Liabilities	1,847	1,851	1,614	1,359	1,410	1,665	1,488	1,452	1,506	1,605	1,616
Total Current Liabilities	679	616	508	436	495	601	437	501	568	732	797
Accounts Payable	124	118	78	86	103	146	94	122	148	156	182
Accrued Expenses	490	498	431	350	307	338	293	291	307	412	475
Other Current Liabilities	-	-	-	-	85	117	50	88	113	165	141
Total Noncurrent Liabilities	1,168	1,235	1,105	924	915	1,064	1,051	951	937	872	819
Long-Term Debt	743	796	793	792	915	797	805	702	701	477	482
Other Noncurrent Operating Liabilities	425	439	312	131	0.00	268	245	249	236	395	337
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,657	1,579	1,517	1,665	1,415	1,075	558	511	526	634	720
Total Preferred & Common Equity	1,657	1,579	1,517	1,659	1,409	1,069	552	505	520	628	714
Total Common Equity	1,657	1,579	1,517	1,659	1,409	1,069	552	505	520	628	714
Common Stock	257	258	255	253	248	235	-440	201	184	159	126
Retained Earnings	2,240	2,365	2,295	2,417	2,205	1,850	1,351	1,302	1,328	1,425	1,573
Treasury Stock	-657	-744	-731	-719	-704	-682	-	-	-606	-	-555
Accumulated Other Comprehensive Income / (Loss)	-183	-300	-303	-292	-339	-334	-359	-366	-386	-382	-429
Noncontrolling Interest	-	-	0.00	5.35	6.06	6.06	6.06	6.06	6.06	6.06	6.06

This table presents Oceaneering International's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	1,923	2,042	2,165	2,312	2,229	2,305	2,356
Total Current Assets	1,220	1,305	1,375	1,459	1,237	1,337	1,411
Restricted Cash	428	505	504	556	355	383	452
Accounts Receivable	385	318	370	392	384	405	378
Inventories, net	168	198	209	208	217	231	242
Other Current Assets	240	285	293	302	282	318	339
Plant, Property, & Equipment, net	435	427	426	422	422	416	424
Plant, Property & Equipment, gross	2,385	2,420	2,446	2,410	2,258	2,269	2,180
Accumulated Depreciation	1,950	1,993	2,020	1,988	1,836	1,852	1,757
Total Noncurrent Assets	269	310	363	432	569	551	522
Goodwill	34	34	34	34	34	34	34
Other Noncurrent Operating Assets	235	276	329	398	535	517	488
Total Liabilities & Shareholders' Equity	1,923	2,042	2,165	2,312	2,229	2,305	2,356
Total Liabilities	1,446	1,516	1,613	1,740	1,600	1,648	1,652
Total Current Liabilities	516	575	615	800	703	777	800
Accounts Payable	136	143	151	155	153	173	183
Accrued Expenses	300	310	345	375	401	423	448
Other Current Liabilities	80	123	119	139	150	181	169
Total Noncurrent Liabilities	930	941	998	940	896	871	852
Long-Term Debt	701	701	700	568	478	479	481
Other Noncurrent Operating Liabilities	229	240	298	371	418	391	372
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	477	526	551	572	629	657	704
Total Preferred & Common Equity	471	520	545	566	623	651	698
Total Common Equity	471	520	545	566	623	651	698
Common Stock	181	153	155	158	122	120	123
Retained Earnings	1,305	1,332	1,351	1,381	1,440	1,475	1,517
Treasury Stock	-606	-576	-576	-575	-541	-536	-546
Accumulated Other Comprehensive Income / (Loss)	-409	-388	-385	-397	-398	-409	-396
Noncontrolling Interest	6.06	6.06	6.06	6.06	6.06	6.06	6.06

This table displays calculated financial ratios and metrics derived from Oceaneering International's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	11.34%	-16.31%	-25.83%	-15.41%	-0.63%	7.26%	-10.75%	2.26%	10.53%	17.36%	9.75%
EBITDA Growth	14.97%	-30.08%	-47.51%	-30.70%	-36.13%	-114.83%	500.75%	-51.94%	482.51%	23.49%	22.15%
EBIT Growth	15.46%	-42.91%	-82.00%	-92.87%	-3,452.97%	-84.15%	-57.02%	108.92%	178.56%	63.56%	35.81%
NOPAT Growth	15.60%	-40.51%	-84.37%	-81.42%	-1,465.26%	-99.83%	-53.44%	-24.12%	109.39%	201.44%	47.24%
Net Income Growth	15.30%	-46.07%	-89.36%	576.80%	-227.60%	-64.11%	-42.56%	92.04%	165.61%	275.48%	51.40%
EPS Growth	16.96%	-41.50%	-89.32%	572.00%	-228.57%	-62.96%	-42.33%	90.22%	153.06%	265.38%	51.58%
Operating Cash Flow Growth	35.82%	-21.88%	-39.80%	-59.79%	-73.21%	330.90%	-13.28%	64.89%	-46.35%	73.68%	-3.21%
Free Cash Flow Firm Growth	83.27%	-36.78%	-26.73%	-194.02%	68.66%	634.34%	-187.97%	251.18%	-85.38%	121.51%	-10.07%
Invested Capital Growth	2.91%	0.97%	-6.74%	9.23%	-2.49%	-24.18%	-4.74%	-52.71%	-2.51%	-1.29%	8.50%
Revenue Q/Q Growth	0.66%	-6.04%	-9.33%	-0.22%	0.58%	3.31%	-6.95%	2.32%	3.48%	5.13%	2.26%
EBITDA Q/Q Growth	3.07%	-15.51%	-13.71%	-4.90%	-8.17%	-114.42%	173.76%	-81.46%	285.48%	2.70%	5.71%
EBIT Q/Q Growth	2.62%	-23.00%	-42.95%	-63.46%	-133.72%	-104.37%	36.71%	-36.07%	84.34%	5.76%	8.48%
NOPAT Q/Q Growth	2.59%	-22.17%	-51.47%	-33.03%	-153.22%	-117.46%	36.34%	-143.12%	165.85%	22.56%	11.59%
Net Income Q/Q Growth	2.16%	-24.50%	-61.05%	1,014.38%	-936.59%	-132.81%	32.38%	5.26%	229.77%	28.16%	8.51%
EPS Q/Q Growth	3.09%	-23.03%	-61.54%	940.00%	-964.00%	-131.58%	32.39%	-40.00%	172.22%	26.67%	9.09%
Operating Cash Flow Q/Q Growth	30.76%	-20.51%	-24.98%	-38.46%	30.04%	39.35%	75.72%	18.83%	19.20%	-3.07%	-10.73%
Free Cash Flow Firm Q/Q Growth	174.62%	-35.99%	-35.32%	-236.27%	61.51%	354.62%	-190.75%	6,529.46%	52.12%	-5.14%	-16.89%
Invested Capital Q/Q Growth	-8.80%	-6.12%	-3.99%	11.14%	3.10%	-15.00%	41.84%	-19.77%	-12.38%	-9.28%	-3.83%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	23.48%	19.77%	12.29%	10.13%	6.77%	4.80%	8.97%	14.13%	14.88%	16.45%	18.24%
EBITDA Margin	23.44%	19.58%	13.86%	11.35%	7.30%	-1.01%	4.53%	2.13%	11.22%	11.81%	13.14%
Operating Margin	17.17%	12.21%	3.12%	0.55%	-7.62%	-14.19%	-24.40%	2.13%	5.37%	7.48%	9.25%
EBIT Margin	17.16%	11.70%	2.84%	0.24%	-8.08%	-13.87%	-24.40%	2.13%	5.37%	7.48%	9.25%
Profit (Net Income) Margin	11.70%	7.54%	1.08%	8.66%	-11.12%	-17.01%	-27.18%	-2.12%	1.26%	4.02%	5.54%
Tax Burden Percent	68.70%	68.70%	56.72%	-932.52%	114.26%	105.33%	99.57%	-973.84%	32.82%	60.48%	65.57%
Interest Burden Percent	99.29%	93.80%	67.18%	-387.83%	120.46%	116.45%	111.84%	10.20%	71.31%	88.82%	91.33%
Effective Tax Rate	31.30%	31.30%	43.28%	0.00%	0.00%	0.00%	0.00%	1,073.84%	67.18%	39.52%	34.43%
Return on Invested Capital (ROIC)	22.22%	12.97%	2.09%	0.38%	-5.09%	-11.71%	-21.35%	-36.87%	5.46%	16.77%	23.84%
ROIC Less NNEP Spread (ROIC-NNEP)	18.60%	5.84%	-2.06%	45.75%	-29.04%	-41.19%	-49.91%	30.51%	-1.59%	0.17%	186,702.82%
Return on Net Nonoperating Assets (RNNOA)	0.92%	1.31%	-0.50%	10.08%	-8.70%	-16.26%	-39.47%	29.48%	-0.45%	0.02%	-2.07%
Return on Equity (ROE)	23.15%	14.28%	1.59%	10.46%	-13.79%	-27.98%	-60.82%	-7.40%	5.00%	16.80%	21.78%
Cash Return on Invested Capital (CROIC)	19.36%	12.01%	9.06%	-8.44%	-2.56%	15.79%	-16.49%	34.70%	8.00%	18.07%	15.69%
Operating Return on Assets (OROA)	18.93%	10.34%	1.97%	0.15%	-5.28%	-10.21%	-18.64%	1.99%	5.55%	8.49%	10.77%
Return on Assets (ROA)	12.91%	6.66%	0.75%	5.41%	-7.26%	-12.52%	-20.76%	-1.97%	1.30%	4.56%	6.45%
Return on Common Equity (ROCE)	23.15%	14.28%	1.59%	10.44%	-13.74%	-27.84%	-60.37%	-7.31%	4.95%	16.62%	21.58%
Return on Equity Simple (ROE_SIMPLE)	25.84%	14.63%	1.62%	10.03%	-15.07%	-32.58%	-89.98%	-7.83%	4.99%	15.51%	20.65%
Net Operating Profit after Tax (NOPAT)	432	257	40	7.46	-102	-203	-312	-388	36	110	161
NOPAT Margin	11.80%	8.38%	1.77%	0.39%	-5.33%	-9.94%	-17.08%	-20.73%	1.76%	4.52%	6.07%
Net Nonoperating Expense Percent (NNEP)	3.63%	7.13%	4.15%	-45.37%	23.95%	29.47%	28.56%	-67.38%	7.05%	16.60%	-186,678.98%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	2.97%	9.87%	13.43%
Cost of Revenue to Revenue	76.52%	80.23%	87.71%	89.87%	93.23%	102.98%	91.03%	85.87%	85.12%	83.55%	81.76%
SG&A Expenses to Revenue	6.31%	7.56%	9.18%	9.57%	10.38%	10.49%	10.71%	12.00%	9.51%	8.98%	8.99%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	6.31%	7.56%	9.18%	9.57%	14.39%	11.21%	32.59%	12.00%	9.56%	9.03%	8.86%
Earnings before Interest and Taxes (EBIT)	628	358	65	4.60	-154	-284	-446	40	111	181	246
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	858	600	315	218	139	-21	83	40	232	286	350
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.46	2.21	1.79	1.25	0.85	1.38	1.43	2.24	3.37	3.41	3.69
Price to Tangible Book Value (P/TBV)	4.32	3.03	2.53	1.73	1.20	2.22	1.53	2.40	3.61	3.61	3.96
Price to Revenue (P/Rev)	1.57	1.14	1.20	1.08	0.62	0.72	0.43	0.60	0.85	0.88	0.99
Price to Earnings (P/E)	13.38	15.10	110.56	12.49	0.00	0.00	0.00	0.00	65.06	22.01	17.87
Dividend Yield	1.89%	3.03%	3.46%	2.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	7.48%	6.62%	0.90%	8.01%	0.00%	0.00%	0.00%	0.00%	1.54%	4.54%	5.60%
Enterprise Value to Invested Capital (EV/IC)	3.07	1.96	1.65	1.21	0.89	1.27	0.80	1.92	2.88	3.33	3.73
Enterprise Value to Revenue (EV/Rev)	1.65	1.27	1.35	1.27	0.92	0.93	0.63	0.69	0.92	0.89	0.99
Enterprise Value to EBITDA (EV/EBITDA)	7.04	6.50	9.72	11.21	12.63	0.00	13.87	32.63	8.16	7.56	7.51
Enterprise Value to EBIT (EV/EBIT)	9.62	10.87	47.44	531.40	0.00	0.00	0.00	32.63	17.06	11.94	10.66
Enterprise Value to NOPAT (EV/NOPAT)	14.00	15.18	76.26	327.78	0.00	0.00	0.00	0.00	52.00	19.74	16.26
Enterprise Value to Operating Cash Flow (EV/OCF)	8.37	6.91	9.02	17.91	48.10	12.08	8.41	5.76	15.65	10.31	12.92
Enterprise Value to Free Cash Flow (EV/FCFF)	16.07	16.40	17.58	0.00	0.00	6.94	0.00	3.56	35.48	18.33	24.72
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.45	0.50	0.52	0.48	0.65	0.74	1.44	1.37	1.33	0.75	0.67
Long-Term Debt to Equity	0.45	0.50	0.52	0.48	0.65	0.74	1.44	1.37	1.33	0.75	0.67
Financial Leverage	0.05	0.22	0.24	0.22	0.30	0.39	0.79	0.97	0.29	0.13	0.00
Leverage Ratio	1.79	2.14	2.12	1.93	1.90	2.23	2.93	3.75	3.85	3.68	3.38
Compound Leverage Factor	1.78	2.01	1.42	-7.50	2.29	2.60	3.28	0.38	2.75	3.27	3.09
Debt to Total Capital	30.97%	33.52%	34.34%	32.25%	39.26%	42.55%	59.06%	57.87%	57.14%	42.93%	40.09%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	30.97%	33.52%	34.34%	32.25%	39.26%	42.55%	59.06%	57.87%	57.14%	42.93%	40.09%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.22%	0.26%	0.32%	0.44%	0.50%	0.49%	0.55%	0.50%
Common Equity to Total Capital	69.03%	66.49%	65.66%	67.53%	60.48%	57.13%	40.49%	41.63%	42.37%	56.52%	59.41%
Debt to EBITDA	0.87	1.33	2.52	3.63	6.57	-38.54	9.72	17.64	3.02	1.67	1.38
Net Debt to EBITDA	0.36	0.68	1.09	1.66	4.02	-20.46	4.27	4.12	0.57	0.05	-0.04
Long-Term Debt to EBITDA	0.87	1.33	2.52	3.63	6.57	-38.54	9.72	17.64	3.02	1.67	1.38
Debt to NOPAT	1.72	3.10	19.76	106.22	-8.98	-3.91	-2.58	-1.81	19.27	4.35	2.99
Net Debt to NOPAT	0.72	1.60	8.54	48.53	-5.51	-2.08	-1.13	-0.42	3.63	0.14	-0.10
Long-Term Debt to NOPAT	1.72	3.10	19.76	106.22	-8.98	-3.91	-2.58	-1.81	19.27	4.35	2.99
Altman Z-Score	4.75	3.65	3.12	2.97	2.41	2.16	1.85	2.83	3.24	3.35	3.71
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.17%	0.37%	0.49%	0.74%	1.13%	1.17%	1.05%	0.90%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.52	2.46	2.48	2.72	2.52	2.07	2.68	2.37	2.28	1.78	1.74
Quick Ratio	1.78	1.62	1.85	2.08	1.46	1.32	1.70	1.60	1.52	1.08	1.01
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	376	238	174	-164	-51	274	-241	365	53	118	106
Operating Cash Flow to CapEx	187.74%	282.50%	311.48%	147.16%	0.00%	0.00%	232.40%	522.79%	162.11%	226.05%	190.06%
Free Cash Flow to Firm to Interest Expense	79.86	9.49	6.88	-5.89	-1.36	6.42	-5.50	9.40	1.40	3.23	2.80
Operating Cash Flow to Interest Expense	153.31	22.51	13.41	4.91	0.97	3.69	3.11	5.81	3.16	5.75	5.36
Operating Cash Flow Less CapEx to Interest Expense	71.65	14.54	9.10	1.57	1.43	3.91	1.77	4.70	1.21	3.21	2.54
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.10	0.88	0.69	0.62	0.65	0.74	0.76	0.93	1.03	1.14	1.16
Accounts Receivable Turnover	4.73	4.40	4.12	3.98	4.52	5.18	5.13	6.74	7.39	7.72	8.38
Inventory Turnover	6.85	6.98	6.55	6.97	8.69	11.42	10.53	10.89	10.40	10.28	10.06
Fixed Asset Turnover	2.93	2.38	1.88	1.73	1.88	2.35	2.67	3.46	4.45	5.62	6.30
Accounts Payable Turnover	22.11	20.31	20.34	21.17	18.92	16.97	13.86	14.83	13.01	13.32	12.89
Days Sales Outstanding (DSO)	77.16	82.89	88.58	91.81	80.84	70.42	71.20	54.16	49.42	47.26	43.54
Days Inventory Outstanding (DIO)	53.27	52.29	55.75	52.36	42.01	31.95	34.66	33.53	35.08	35.51	36.29
Days Payable Outstanding (DPO)	16.51	17.97	17.94	17.24	19.29	21.51	26.34	24.62	28.05	27.40	28.32
Cash Conversion Cycle (CCC)	113.92	117.21	126.38	126.93	103.56	80.86	79.52	63.07	56.45	55.37	51.52
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,970	1,989	1,855	2,027	1,976	1,498	1,427	675	658	650	705
Invested Capital Turnover	1.88	1.55	1.18	0.99	0.95	1.18	1.25	1.78	3.10	3.71	3.93
Increase / (Decrease) in Invested Capital	56	19	-134	171	-51	-478	-71	-752	-17	-8.46	55
Enterprise Value (EV)	6,042	3,898	3,061	2,445	1,759	1,904	1,149	1,299	1,892	2,165	2,626
Market Capitalization	5,729	3,487	2,718	2,078	1,192	1,475	789	1,129	1,754	2,143	2,636
Book Value per Share	$15.78	$16.14	$15.47	$16.88	$14.30	$10.81	$5.56	$5.06	$5.18	$6.24	$7.07
Tangible Book Value per Share	$12.63	$11.77	$10.94	$12.25	$10.11	$6.71	$5.21	$4.71	$4.84	$5.90	$6.58
Total Capital	2,401	2,375	2,310	2,457	2,330	1,872	1,363	1,213	1,227	1,111	1,202
Total Debt	743	796	793	792	915	797	805	702	701	477	482
Total Long-Term Debt	743	796	793	792	915	797	805	702	701	477	482
Net Debt	313	411	343	362	561	423	353	164	132	15	-16
Capital Expenditures (CapEx)	384	200	109	93	-17	-9.51	59	43	75	93	107
Debt-free, Cash-free Net Working Capital (DFCFNWC)	604	516	304	321	396	270	281	149	160	112	93
Debt-free Net Working Capital (DFNWC)	1,034	902	754	752	750	643	733	687	729	573	591
Net Working Capital (NWC)	1,034	902	754	752	750	643	733	687	729	573	591
Net Nonoperating Expense (NNE)	3.33	26	16	-159	110	145	184	-348	10	12	14
Net Nonoperating Obligations (NNO)	313	411	339	362	561	423	869	164	132	15	-16
Total Depreciation and Amortization (D&A)	230	241	250	214	294	263	529	0.00	121	105	103
Debt-free, Cash-free Net Working Capital to Revenue	16.50%	16.86%	13.38%	16.72%	20.73%	13.17%	15.38%	7.96%	7.74%	4.60%	3.51%
Debt-free Net Working Capital to Revenue	28.27%	29.44%	33.20%	39.12%	39.29%	31.42%	40.11%	36.74%	35.27%	23.64%	22.21%
Net Working Capital to Revenue	28.27%	29.44%	33.20%	39.12%	39.29%	31.42%	40.11%	36.74%	35.27%	23.64%	22.21%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.02	$2.35	$0.25	$1.69	($2.16)	($3.52)	($5.01)	($0.49)	$0.26	$0.97	$1.46
Adjusted Weighted Average Basic Shares Outstanding	106.59M	98.42M	98.04M	98.24M	98.50M	98.88M	99.23M	99.71M	100.19M	100.70M	101.18M
Adjusted Diluted Earnings per Share	$4.00	$2.34	$0.25	$1.68	($2.16)	($3.52)	($5.01)	($0.49)	$0.26	$0.95	$1.44
Adjusted Weighted Average Diluted Shares Outstanding	107.09M	98.81M	98.42M	98.76M	98.50M	0.00	99.23M	99.71M	101.45M	102.16M	102.37M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	99.63M	97.85M	98.07M	98.46M	98.84M	98.93M	198.62M	199.30M	100.15M	100.81M	110.83M
Normalized Net Operating Profit after Tax (NOPAT)	432	257	40	7.46	-48	-193	-22	28	78	110	161
Normalized NOPAT Margin	11.80%	8.38%	1.77%	0.39%	-2.53%	-9.43%	-1.22%	1.49%	3.76%	4.52%	6.07%
Pre Tax Income Margin	17.04%	10.98%	1.91%	-0.93%	-9.73%	-16.15%	-27.29%	0.22%	3.83%	6.64%	8.45%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	133.38	14.31	2.55	0.17	-4.09	-6.65	-10.16	1.03	2.90	4.96	6.50
NOPAT to Interest Expense	91.69	10.25	1.59	0.27	-2.70	-4.76	-7.11	-9.99	0.95	3.00	4.26
EBIT Less CapEx to Interest Expense	51.72	6.34	-1.76	-3.17	-3.63	-6.43	-11.50	-0.09	0.95	2.42	3.68
NOPAT Less CapEx to Interest Expense	10.03	2.28	-2.72	-3.07	-2.24	-4.54	-8.45	-11.10	-1.00	0.46	1.44
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	25.62%	46.08%	382.89%	26.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	163.46%	89.57%	382.89%	26.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	13.59%

This table displays calculated financial ratios and metrics derived from Oceaneering International's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	19.89%	14.89%	20.36%	14.10%	13.49%	22.08%	11.57%	11.86%	7.03%	8.99%
EBITDA Growth	54.28%	940.87%	73.91%	27.82%	11.32%	10.73%	19.36%	26.95%	18.03%	24.31%
EBIT Growth	205.27%	607.45%	4,608.91%	85.01%	29.01%	23.31%	42.29%	43.30%	26.43%	36.86%
NOPAT Growth	220.28%	415.72%	759.28%	325.96%	43.44%	63.12%	259.94%	57.18%	32.37%	40.06%
Net Income Growth	348.34%	201.43%	121.13%	410.81%	62.88%	92.53%	272.78%	84.18%	38.32%	25.98%
EPS Growth	357.14%	158.97%	121.05%	375.00%	61.11%	86.96%	275.00%	78.95%	37.93%	27.91%
Operating Cash Flow Growth	135.37%	13.91%	46.69%	146.50%	-7.32%	-4.17%	-62.44%	157.31%	15.48%	-15.99%
Free Cash Flow Firm Growth	-22.76%	-93.98%	-66.22%	13.66%	-40.27%	20.23%	-127.43%	-62.38%	-61.45%	-84.68%
Invested Capital Growth	-10.73%	-2.51%	-5.72%	-7.65%	-4.67%	-1.29%	4.24%	0.77%	2.36%	8.50%
Revenue Q/Q Growth	6.80%	-4.19%	0.14%	11.35%	6.23%	3.06%	-8.48%	11.64%	1.65%	4.95%
EBITDA Q/Q Growth	39.80%	-7.50%	-22.17%	26.99%	21.75%	-7.98%	-16.10%	35.06%	13.20%	-3.09%
EBIT Q/Q Growth	94.82%	-7.19%	-36.68%	61.60%	35.85%	-11.29%	-26.94%	62.74%	19.87%	-3.97%
NOPAT Q/Q Growth	295.81%	23.04%	-82.74%	406.83%	33.28%	39.92%	-61.92%	121.33%	12.24%	48.06%
Net Income Q/Q Growth	392.02%	26.36%	-82.45%	368.03%	56.89%	49.37%	-66.01%	131.23%	17.83%	36.04%
EPS Q/Q Growth	350.00%	27.78%	-82.61%	375.00%	52.63%	48.28%	-65.12%	126.67%	17.65%	37.50%
Operating Cash Flow Q/Q Growth	295.31%	85.64%	-126.91%	147.65%	289.26%	91.96%	-145.62%	175.48%	74.70%	39.65%
Free Cash Flow Firm Q/Q Growth	48.69%	-60.38%	8.69%	77.50%	-21.86%	-20.24%	-124.80%	343.44%	-19.93%	-68.31%
Invested Capital Q/Q Growth	-7.26%	-12.38%	9.72%	3.58%	-4.26%	-9.28%	15.86%	0.13%	-2.75%	-3.83%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	17.11%	16.80%	14.44%	16.91%	18.06%	16.14%	15.42%	17.97%	19.26%	19.89%
EBITDA Margin	13.56%	13.09%	10.18%	11.61%	13.30%	11.88%	10.89%	13.17%	14.67%	13.55%
Operating Margin	8.38%	7.87%	4.98%	8.23%	9.12%	7.25%	6.12%	9.03%	10.49%	10.92%
EBIT Margin	8.16%	7.90%	5.00%	7.25%	9.27%	7.98%	6.37%	9.29%	10.95%	10.02%
Profit (Net Income) Margin	3.27%	4.31%	0.76%	3.18%	4.69%	6.80%	2.53%	5.23%	6.07%	7.86%
Tax Burden Percent	48.17%	65.88%	17.92%	49.40%	55.91%	95.52%	47.04%	63.28%	60.11%	81.51%
Interest Burden Percent	83.22%	82.86%	84.43%	88.73%	90.53%	89.22%	84.30%	89.02%	92.13%	96.25%
Effective Tax Rate	51.83%	34.12%	82.08%	50.60%	44.09%	4.48%	52.96%	36.72%	39.89%	18.49%
Return on Invested Capital (ROIC)	10.12%	16.06%	2.59%	11.64%	16.03%	25.68%	9.72%	19.46%	22.66%	34.96%
ROIC Less NNEP Spread (ROIC-NNEP)	8.61%	12.92%	2.27%	9.64%	14.80%	24.60%	8.39%	17.27%	20.76%	98,431.95%
Return on Net Nonoperating Assets (RNNOA)	4.75%	3.69%	1.01%	4.96%	5.88%	3.13%	2.32%	4.19%	2.81%	-1.09%
Return on Equity (ROE)	14.86%	19.75%	3.60%	16.61%	21.92%	28.81%	12.03%	23.64%	25.46%	33.87%
Cash Return on Invested Capital (CROIC)	4.40%	8.00%	14.18%	18.14%	16.97%	18.07%	12.35%	17.15%	17.64%	15.69%
Operating Return on Assets (OROA)	8.34%	8.17%	5.46%	8.01%	10.10%	9.06%	7.42%	10.63%	12.21%	11.66%
Return on Assets (ROA)	3.34%	4.46%	0.83%	3.51%	5.11%	7.72%	2.94%	5.99%	6.76%	9.15%
Return on Common Equity (ROCE)	14.69%	19.52%	3.56%	16.41%	21.67%	28.51%	11.91%	23.41%	25.22%	33.57%
Return on Equity Simple (ROE_SIMPLE)	-4.24%	0.00%	9.46%	11.82%	13.42%	0.00%	17.41%	19.12%	19.47%	0.00%
Net Operating Profit after Tax (NOPAT)	23	28	4.79	24	32	45	17	38	43	63
NOPAT Margin	4.03%	5.18%	0.89%	4.06%	5.10%	6.92%	2.88%	5.71%	6.31%	8.90%
Net Nonoperating Expense Percent (NNEP)	1.51%	3.14%	0.32%	2.00%	1.24%	1.07%	1.33%	2.19%	1.90%	-98,396.99%
Return On Investment Capital (ROIC_SIMPLE)	-	2.26%	-	-	-	4.08%	-	-	-	5.28%
Cost of Revenue to Revenue	82.89%	83.20%	85.56%	83.09%	81.94%	83.86%	84.58%	82.03%	80.74%	80.11%
SG&A Expenses to Revenue	8.73%	8.94%	9.46%	8.68%	8.94%	8.89%	9.30%	8.95%	8.77%	8.98%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	8.73%	9.13%	9.46%	8.68%	8.94%	9.08%	9.30%	8.95%	8.77%	8.49%
Earnings before Interest and Taxes (EBIT)	46	42	27	43	59	52	38	62	74	72
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	76	70	55	69	84	78	65	88	100	97
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.69	3.37	3.39	3.46	4.58	3.41	3.78	3.68	3.62	3.69
Price to Tangible Book Value (P/TBV)	1.82	3.61	3.63	3.69	4.87	3.61	4.00	3.89	3.80	3.96
Price to Revenue (P/Rev)	0.40	0.85	0.82	0.84	1.12	0.88	0.95	0.94	0.97	0.99
Price to Earnings (P/E)	0.00	65.06	35.16	28.77	33.66	22.01	21.73	19.27	18.57	17.87
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	1.54%	2.84%	3.48%	2.97%	4.54%	4.60%	5.19%	5.38%	5.60%
Enterprise Value to Invested Capital (EV/IC)	1.44	2.88	2.72	2.79	3.83	3.33	3.30	3.32	3.49	3.73
Enterprise Value to Revenue (EV/Rev)	0.54	0.92	0.91	0.94	1.19	0.89	1.00	0.98	0.98	0.99
Enterprise Value to EBITDA (EV/EBITDA)	17.92	8.16	7.71	7.72	9.84	7.56	8.38	7.93	7.73	7.51
Enterprise Value to EBIT (EV/EBIT)	17.92	17.06	14.23	13.19	15.99	11.94	12.91	11.83	11.27	10.66
Enterprise Value to NOPAT (EV/NOPAT)	0.00	52.00	31.90	26.32	30.64	19.74	20.44	18.61	17.68	16.26
Enterprise Value to Operating Cash Flow (EV/OCF)	10.63	15.65	12.42	9.36	12.66	10.31	13.58	11.62	11.24	12.92
Enterprise Value to Free Cash Flow (EV/FCFF)	30.75	35.48	18.65	14.77	22.02	18.33	27.31	19.43	20.02	24.72
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.47	1.33	1.33	1.27	1.22	0.75	0.76	0.73	0.68	0.67
Long-Term Debt to Equity	1.47	1.33	1.33	1.27	0.99	0.75	0.76	0.73	0.68	0.67
Financial Leverage	0.55	0.29	0.45	0.52	0.40	0.13	0.28	0.24	0.14	0.00
Leverage Ratio	3.80	3.85	3.84	3.93	4.04	3.68	3.70	3.70	3.66	3.38
Compound Leverage Factor	3.17	3.19	3.24	3.48	3.65	3.29	3.12	3.29	3.37	3.25
Debt to Total Capital	59.50%	57.14%	57.11%	55.95%	55.02%	42.93%	43.18%	42.18%	40.57%	40.09%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	10.34%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	59.50%	57.14%	57.11%	55.95%	44.68%	42.93%	43.18%	42.18%	40.57%	40.09%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.51%	0.49%	0.49%	0.48%	0.48%	0.55%	0.55%	0.53%	0.51%	0.50%
Common Equity to Total Capital	39.98%	42.37%	42.40%	43.57%	44.50%	56.52%	56.27%	57.29%	58.91%	59.41%
Debt to EBITDA	11.66	3.02	2.75	2.59	2.51	1.67	1.61	1.52	1.45	1.38
Net Debt to EBITDA	4.55	0.57	0.77	0.73	0.52	0.05	0.42	0.31	0.09	-0.04
Long-Term Debt to EBITDA	11.66	3.02	2.75	2.59	2.04	1.67	1.61	1.52	1.45	1.38
Debt to NOPAT	-12.69	19.27	11.36	8.83	7.82	4.35	3.93	3.57	3.32	2.99
Net Debt to NOPAT	-4.95	3.63	3.17	2.48	1.61	0.14	1.02	0.72	0.20	-0.10
Long-Term Debt to NOPAT	-12.69	19.27	11.36	8.83	6.35	4.35	3.93	3.57	3.32	2.99
Altman Z-Score	2.84	3.13	3.14	3.09	3.15	3.16	3.25	3.26	3.34	3.46
Noncontrolling Interest Sharing Ratio	1.18%	1.17%	1.18%	1.18%	1.16%	1.05%	1.05%	1.00%	0.95%	0.90%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.37	2.28	2.27	2.24	1.82	1.78	1.76	1.72	1.76	1.74
Quick Ratio	0.75	1.52	0.55	0.60	0.49	1.08	0.55	0.52	0.47	1.01
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	113	45	49	86	67	54	-13	32	26	8.24
Operating Cash Flow to CapEx	522.40%	615.75%	-234.43%	91.20%	306.94%	583.02%	-273.21%	230.22%	372.66%	378.98%
Free Cash Flow to Firm to Interest Expense	11.82	4.66	5.24	9.07	6.88	6.79	-1.45	3.41	2.75	0.85
Operating Cash Flow to Interest Expense	8.99	16.61	-4.62	2.15	8.12	19.29	-7.57	5.53	9.72	13.18
Operating Cash Flow Less CapEx to Interest Expense	7.27	13.91	-6.60	-0.21	5.48	15.98	-10.35	3.13	7.11	9.70
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.02	1.03	1.09	1.11	1.09	1.14	1.16	1.14	1.11	1.16
Accounts Receivable Turnover	5.89	7.39	6.94	6.25	5.94	7.72	7.09	6.60	6.76	8.38
Inventory Turnover	11.46	10.40	10.10	9.87	10.23	10.28	10.00	9.66	9.57	10.06
Fixed Asset Turnover	4.22	4.45	4.75	5.06	5.39	5.62	5.86	6.07	6.16	6.30
Accounts Payable Turnover	14.55	13.01	14.50	13.30	13.23	13.32	14.04	13.13	12.74	12.89
Days Sales Outstanding (DSO)	61.97	49.42	52.57	58.44	61.46	47.26	51.51	55.29	54.01	43.54
Days Inventory Outstanding (DIO)	31.84	35.08	36.14	36.97	35.68	35.51	36.49	37.80	38.12	36.29
Days Payable Outstanding (DPO)	25.09	28.05	25.18	27.44	27.59	27.40	26.00	27.81	28.66	28.32
Cash Conversion Cycle (CCC)	68.73	56.45	63.53	67.97	69.55	55.37	62.01	65.29	63.47	51.52
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	751	658	722	748	716	650	753	754	733	705
Invested Capital Turnover	2.51	3.10	2.90	2.86	3.14	3.71	3.37	3.41	3.59	3.93
Increase / (Decrease) in Invested Capital	-90	-17	-44	-62	-35	-8.46	31	5.73	17	55
Enterprise Value (EV)	1,078	1,892	1,967	2,087	2,742	2,165	2,487	2,501	2,559	2,626
Market Capitalization	798	1,754	1,766	1,884	2,592	2,143	2,357	2,399	2,524	2,636
Book Value per Share	$4.70	$5.18	$5.19	$5.41	$5.62	$6.24	$6.17	$6.42	$6.88	$7.07
Tangible Book Value per Share	$4.36	$4.84	$4.85	$5.07	$5.28	$5.90	$5.83	$6.09	$6.54	$6.58
Total Capital	1,179	1,227	1,227	1,252	1,272	1,111	1,107	1,136	1,185	1,202
Total Debt	701	701	701	700	700	477	478	479	481	482
Total Long-Term Debt	701	701	701	700	568	477	478	479	481	482
Net Debt	274	132	196	196	144	15	123	97	29	-16
Capital Expenditures (CapEx)	16	26	18	22	26	26	26	23	25	34
Debt-free, Cash-free Net Working Capital (DFCFNWC)	277	160	225	256	233	112	179	177	159	93
Debt-free Net Working Capital (DFNWC)	704	729	730	760	790	573	534	560	611	591
Net Working Capital (NWC)	704	729	730	760	658	573	534	560	611	591
Net Nonoperating Expense (NNE)	4.28	4.66	0.73	5.30	2.58	0.79	2.12	3.20	1.64	7.38
Net Nonoperating Obligations (NNO)	274	132	196	196	144	15	123	97	29	-16
Total Depreciation and Amortization (D&A)	30	28	28	26	26	25	27	26	25	25
Debt-free, Cash-free Net Working Capital to Revenue	13.85%	7.74%	10.44%	11.49%	10.12%	4.60%	7.21%	6.93%	6.11%	3.51%
Debt-free Net Working Capital to Revenue	35.26%	35.27%	33.85%	34.08%	34.24%	23.64%	21.48%	21.90%	23.48%	22.21%
Net Working Capital to Revenue	35.26%	35.27%	33.85%	34.08%	28.54%	23.64%	21.48%	21.90%	23.48%	22.21%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.18	$0.23	$0.04	$0.19	$0.30	$0.44	$0.15	$0.34	$0.41	$0.56
Adjusted Weighted Average Basic Shares Outstanding	100.26M	100.19M	100.44M	100.78M	100.78M	100.70M	101.03M	101.44M	101.42M	101.18M
Adjusted Diluted Earnings per Share	$0.18	$0.23	$0.04	$0.19	$0.29	$0.43	$0.15	$0.34	$0.40	$0.55
Adjusted Weighted Average Diluted Shares Outstanding	101.31M	101.45M	102.03M	102.00M	102.21M	102.16M	102.25M	102.47M	102.61M	102.37M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	100.26M	100.15M	100.77M	100.78M	100.73M	100.81M	101.39M	101.48M	101.06M	110.83M
Normalized Net Operating Profit after Tax (NOPAT)	33	28	19	34	32	45	26	38	43	63
Normalized NOPAT Margin	5.86%	5.18%	3.49%	5.76%	5.10%	6.92%	4.29%	5.71%	6.31%	8.90%
Pre Tax Income Margin	6.79%	6.55%	4.22%	6.43%	8.39%	7.12%	5.37%	8.27%	10.09%	9.65%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.78	4.41	2.89	4.56	6.01	6.60	4.15	6.53	7.88	7.34
NOPAT to Interest Expense	2.36	2.89	0.52	2.55	3.30	5.72	1.88	4.01	4.53	6.52
EBIT Less CapEx to Interest Expense	3.06	1.72	0.92	2.20	3.36	3.29	1.37	4.13	5.27	3.86
NOPAT Less CapEx to Interest Expense	0.64	0.20	-1.46	0.20	0.66	2.41	-0.90	1.61	1.93	3.04
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.35%	13.59%

Frequently Asked Questions About Oceaneering International's Financials

When does Oceaneering International's financial year end?

According to the most recent income statement we have on file, Oceaneering International's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Oceaneering International's net income changed over the last 10 years?

Oceaneering International's net income appears to be on a downward trend, with a most recent value of $147.47 million in 2024, falling from $428.33 million in 2014. The previous period was $97.40 million in 2023.

What is Oceaneering International's operating income?

Oceaneering International's total operating income in 2024 was $246.27 million, based on the following breakdown:

Total Gross Profit: $485.49 million
Total Operating Expenses: $235.71 million

How has Oceaneering International revenue changed over the last 10 years?

Over the last 10 years, Oceaneering International's total revenue changed from $3.66 billion in 2014 to $2.66 billion in 2024, a change of -27.3%.

How much debt does Oceaneering International have?

Oceaneering International's total liabilities were at $1.62 billion at the end of 2024, a 0.7% increase from 2023, and a 12.5% decrease since 2014.

How much cash does Oceaneering International have?

In the past 10 years, Oceaneering International's cash and equivalents has ranged from $354.26 million in 2018 to $568.75 million in 2022, and is currently $497.52 million as of their latest financial filing in 2024.

How has Oceaneering International's book value per share changed over the last 10 years?

Over the last 10 years, Oceaneering International's book value per share changed from 15.78 in 2014 to 7.07 in 2024, a change of -55.2%.

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This page (NYSE:OII) was last updated on 4/16/2025 by MarketBeat.com Staff

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Oceaneering International (OII) Financials

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Oceaneering International (OII) Financials

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