Oceaneering (OII) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
2.7B
Gross Profit
485.5M
18.24%
Operating Income
246.3M
9.25%
Net Income
147.5M
5.54%
EPS (Diluted)
$1.44
Balance Sheet Metrics
Total Assets
2.3B
Total Liabilities
1.6B
Shareholders Equity
720.3M
Debt to Equity
2.24
Cash Flow Metrics
Operating Cash Flow
202.7M
Free Cash Flow
96.1M
Revenue & Profitability Trend
Oceaneering Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 2.7B | 2.4B | 2.1B | 1.9B | 1.8B |
| Cost of Goods Sold | 2.2B | 2.0B | 1.8B | 1.6B | 1.7B |
| Gross Profit | 485.5M | 399.0M | 307.4M | 264.1M | 163.9M |
| Operating Expenses | 239.2M | 217.6M | 196.5M | 224.3M | 195.7M |
| Operating Income | 246.3M | 181.3M | 110.9M | 39.8M | -31.8M |
| Pre-tax Income | 224.9M | 161.1M | 79.1M | -5.7M | -498.9M |
| Income Tax | 77.4M | 63.7M | 53.1M | 43.6M | -2.1M |
| Net Income | 147.5M | 97.4M | 25.9M | -49.3M | -496.8M |
| EPS (Diluted) | $1.44 | $0.95 | $0.26 | -$0.49 | -$5.01 |
Income Statement Trend
Oceaneering Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.4B | 1.3B | 1.3B | 1.2B | 1.2B |
| Non-Current Assets | 948.5M | 933.3M | 734.6M | 774.9M | 875.6M |
| Total Assets | 2.3B | 2.2B | 2.0B | 2.0B | 2.0B |
| Liabilities | |||||
| Current Liabilities | 796.9M | 732.5M | 568.4M | 501.2M | 437.1M |
| Non-Current Liabilities | 819.1M | 872.4M | 937.5M | 950.7M | 1.1B |
| Total Liabilities | 1.6B | 1.6B | 1.5B | 1.5B | 1.5B |
| Equity | |||||
| Total Shareholders Equity | 720.3M | 634.1M | 525.8M | 511.0M | 558.2M |
Balance Sheet Composition
Oceaneering Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 147.5M | 97.4M | 25.9M | -49.3M | -496.8M |
| Operating Cash Flow | 202.7M | 211.0M | 122.0M | 195.0M | 57.6M |
| Investing Activities | |||||
| Capital Expenditures | -106.9M | -92.9M | -74.6M | -43.1M | -58.8M |
| Investing Cash Flow | -127.4M | -88.9M | -77.6M | -37.5M | -58.8M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -27.0M | -627.3M | -1.9M | -201.7M | -1.7M |
| Free Cash Flow | 96.1M | 109.2M | 39.8M | 175.1M | 76.0M |
Cash Flow Trend
Oceaneering Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
11.63
Forward P/E
11.07
Price to Book
2.69
Price to Sales
0.76
PEG Ratio
11.07
Profitability Ratios
Profit Margin
6.68%
Operating Margin
10.89%
Return on Equity
25.95%
Return on Assets
7.86%
Financial Health
Current Ratio
1.89
Debt to Equity
106.90
Beta
1.49
Per Share Data
EPS (TTM)
$1.78
Book Value per Share
$7.69
Revenue per Share
$27.07
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| oii | 2.1B | 11.63 | 2.69 | 25.95% | 6.68% | 106.90 |
| Schlumberger Limited | 45.3B | 11.36 | 2.34 | 20.20% | 11.62% | 68.14 |
| Baker Hughes Company | 37.5B | 12.91 | 2.20 | 18.04% | 10.51% | 35.01 |
| Landbridge Co. LLC | 5.1B | 33.37 | 3.54 | 2.58% | 0.59% | 60.54 |
| ChampionX | 4.7B | 16.42 | 2.48 | 16.83% | 8.20% | 34.38 |
| Nov | 5.0B | 8.87 | 0.78 | 9.18% | 6.68% | 36.54 |
Financial data is updated regularly. All figures are in the company's reporting currency.