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Oceaneering International

OII

Oceaneering International is a global technology company providing engineered services, products, and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries.

Market cap
$4.78B+113%
Revenue$2.9B+3.8%
Net income$350.1M+73.2%
EPS (diluted)$3.47+75.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 28, 2026 (in 3 months)
Revenue estimate$753.4M
EPS estimate$0.53

Financials

Q2 2026

Income statement

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Revenue$768.2M+10.0%
Gross profit$157.0M+5.8%
Operating income$88.2M+11.4%
Net income$65.0M+19.4%
EPS (diluted)$0.65+20.4%

Balance sheet

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Cash & equivalents$629.5M+45.0%
Total debt$822.2M+2.2%
Total equity$1.2B+38.3%
Total assets$2.7B+15.5%

Cash flow

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CapEx$23.2M-23.4%

Valuation & ratios

Valuation

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Market cap$4.78B+113%
Enterprise value$4.97B+87.0%
P/E13.6×+2.3×
P/S1.7×+0.8×

Profitability

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Gross margin19.8%-0.3pp
Operating margin10.4%-0.5pp
Net margin12.2%+4.9pp

Returns & leverage

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Return on equity34.9%+7.8pp
Debt / equity0.7×-0.2×
Current ratio2.2×+0.2×

Segments

By segment

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Subsea Robotics Member$232.0M+6.0%
Offshore Projects Group$182.8M+22.5%
Manufactured Products Member$149.0M+2.7%
Aerospace and Defense Technologies Member$133.5M+21.8%
Integrity Managements & Digital Solutions Member$70.8M-6.0%

By geography

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Non-US$466.1M+21.2%
Africa$102.9M+5.7%
Asia Pacific$66.8M+10.6%
Other Geographical$37.4M+57.9%

Competitors

Profile

Oceaneering International is a global technology company providing engineered services, products, and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries. The company specializes in underwater services, autonomous robotics, and subsea hardware to support complex operations in harsh environments. Its core value proposition lies in leveraging advanced technology to improve operational efficiency, safety, and environmental performance for global industrial customers.

Competitive position

A leading global underwater services contractor and the world's largest owner and operator of work-class ROVs, holding a significant market share in offshore drill support.

GeographiesUnited States, United Kingdom, Norway, Brazil, Africa, Asia, Australia
Customer segmentsGovernment agencies, Energy majors, Industrial enterprises
Business modelDayrate service contracts, Fixed-price manufacturing, Engineering services, Software-as-a-Service
SuppliersSteel and metal fabricators, Electronic component suppliers, Polymer and plastic manufacturers, Vessel chartering providers, Forge companies and casting foundries
CustomersNational and international oil companies, U.S. Department of Defense, NASA, Offshore wind farm developers, Global manufacturing and logistics firms
Listed1975
Employees10.1K
CEORoderick A. Larson
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is Oceaneering International's market cap?
Oceaneering International (OII) has a market capitalization of $4.8B and trades on NYSE.
What is Oceaneering International's revenue and profitability?
Oceaneering International generated $2.9B in trailing twelve-month revenue with net income of $350.1M, representing a net margin of 12.2%. Gross margin stands at 19.8%. These figures are based on the Q2 2026 filing.
Who are Oceaneering International's competitors?
Oceaneering International's key competitors include Helix Energy Solutions, TechnipFMC, OIL STATES INTERNATIONAL, INC., and others. These companies compete in similar markets and product categories.
What subsidiaries does Oceaneering International have?
Oceaneering International's subsidiaries include Global Design Innovation Ltd..
Where is Oceaneering International headquartered?
Oceaneering International is headquartered in United States of America and employs approximately 10,100 people. It has been publicly traded since 1975.