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NYSE · Energy

OCEANEERING INTERNATIONAL INC (OII)

As-reported financials and SEC filings for OCEANEERING INTERNATIONAL INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About OCEANEERING INTERNATIONAL INC

Oceaneering International Inc is a global technology company that provides engineered services, products, and robotic solutions primarily to the offshore energy industry, as well as to defense, aerospace, and manufacturing sectors. Its main offerings include remotely operated vehicles (ROVs), subsea hardware, survey and positioning services, subsea intervention, and asset integrity management. The company serves customers worldwide, with significant operations in regions such as Africa, the United Kingdom, Norway, Brazil, Asia, and Australia.

Snapshot

Revenue
$2.64B
Revenue growth (YoY)
4.1%
Net income
$353.8M
Diluted EPS
$3.49
Gross margin
16.2%
Operating margin
11.5%
Net margin
13.4%
FCF margin
7.9%
ROE
32.9%
net income / fiscal-year-end equity
P/E
14.6×
trailing when available, otherwise FY EPS
Market cap
$5.04B
Long-term debt / equity
0.45×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Oceaneering International

  • Revenue grew 4.1% to $2.6B in FY2025, slower than the 9.1% the year before.
  • Operating margin is 11.5% in FY2025, +9.3 pp against 2.2% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $768M, up 10.0% from Q2 FY2025.
  • Free cash flow was $208M in FY2025, 7.9% of revenue.
  • Net income rose 139.9% to $354M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Oceaneering International’s fundamentals sit among the 125 Energy companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin16.2%
36th percentile of 43
Operating margin11.5%
59th percentile of 104
Net margin13.4%
73rd percentile of 120
FCF margin7.9%
65th percentile of 69
Revenue growth (YoY)+4.1%
55th percentile of 122
ROE32.9%
94th percentile of 100
P/E14.6×
42nd percentile of 85
Long-term debt / equity0.45×
54th percentile of 83
Short interest8.78d
90th percentile of 123

Oceaneering International’s return on equity of 32.9% ranks in the 94th percentile of the 100 Energy companies reporting it.

No reported insider purchases (code P) in the last 90 days; 5 insider sales totaling $1.6M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+5 quant / multi-strat
Initiated / added
5
3 new, 2 added
Reduced / exited
2
1 trimmed, 1 exited
Combined position
$30.4M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$18.2M449.0KAdded
Millennium ManagementquantQ2 2026$6.3M154.7KNew
Gotham Asset ManagementQ2 2026$3.2M78.8KAdded
Renaissance TechnologiesquantQ2 2026$1.8M44.8KReduced
Two Sigma InvestmentsquantQ2 2026$594,87414.7KNew
D. E. ShawquantQ2 2026$366,6659.0KNew

No longer held by: Citadel Advisors (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
5
$1.6M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-07
filed 2026-08-10
MURPHY PAUL B JRDirectorSell10.0K$48.37$484K
2026-07-30
filed 2026-07-31
Childress EarlSVP, Chief Commercial Ofc.Sell12.7K$46.71$593K
2026-07-30
filed 2026-07-31
MCEVOY M KEVINDirectorSell3.0K$47.92$144K
2026-07-30
filed 2026-07-31
DYER CHRISTOPHER JSVP, OPGroupSell1.2K$47.65$57K
2026-06-30
filed 2026-07-01
GOODWIN DEANNA LDirectorSell7.0K$40.69$285K
2026-05-18
filed 2026-05-19
LARSON RODERICK A.President and CEOSell5.0K$38.27$191K
2026-05-13
filed 2026-05-14
MCDONALD MARTIN JSVP, Subsea RoboticsSell43.9K$38.49$1.7M
2026-05-12
filed 2026-05-14
MCDONALD MARTIN JSVP, Subsea RoboticsSell26.1K$38.33$999K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
6.2M
settled 2026-08-14
Change vs prior
+2.3%
vs previous settlement
Days to cover
8.78
at avg daily volume
Avg daily volume
703.4K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-146.2M+2.3%8.78
2026-07-316.0M-7.9%4.26
2026-07-156.6M+8.6%7.61
2026-06-306.0M+8.2%3.63
2026-06-155.6M+7.0%7.01
2026-05-295.2M+16.9%6.23
2026-05-154.5M-18.4%4.41
2026-04-305.5M+22.1%3.77

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$2.64B$2.54B$2.33B$1.98B$1.83B
Gross profit$427.3M$364.3M$302.6M$225.7M$220.3M
Operating income$304.6M$246.3M$181.3M$110.9M$39.8M
Net income$353.8M$147.5M$97.4M$25.9M$-49.3M
Diluted EPS$3.49$1.44$0.95$0.26$-0.49

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$688.9M$497.5M$461.6M$568.7M$538.1M
Current assets$1.51B$1.39B$1.31B$1.30B$1.19B
Total assets$2.67B$2.34B$2.24B$2.03B$1.96B
Current liabilities$761.7M$796.9M$732.5M$568.4M$501.2M
Long-term debt$487.4M$482.0M$477.1M$701.0M$702.1M
Total liabilities$1.59B$1.62B$1.60B$1.51B$1.45B
Total equity$1.08B$720.3M$634.1M$525.8M$511.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$318.9M$203.2M$210.0M$120.9M$225.3M
Capital expenditure$111.0M$107.1M$100.7M$81.0M$50.2M
Free cash flow$207.8M$96.1M$109.2M$39.8M$175.1M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$768.2M10.0%$65.0M$0.65
Q1 FY2026$692.4M2.7%$36.1M$0.36
Q4 FY2025$527.5M-10.9%$177.7M$1.76
Q3 FY2025$742.9M9.3%$71.3M$0.71
Q2 FY2025$698.2M4.4%$54.4M$0.54
Q1 FY2025$674.5M12.6%$50.4M$0.49
Q4 FY2024$592.3M6.1%$56.1M$0.55
Q3 FY2024$679.8M7.0%$41.2M$0.40

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorEnergy
SIC industryOil & Gas Field Services, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2012
SEC CIK73756

Selected SEC filings

10-Q2026-07-23
View on EDGAR →
10-Q2026-04-23
View on EDGAR →
8-K2026-07-24
View on EDGAR →
8-K2026-07-22
View on EDGAR →
8-K2026-07-07
View on EDGAR →
8-K2026-06-26
View on EDGAR →

Largest Energy peers

All Energy companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.