Oceaneering International, Inc. (OII) Income Statement Analysis

See more : Shure-Tech Investments – Limited Partnership (STEC.TA) Income Statement Analysis – Financial Results

Complete financial analysis of Oceaneering International, Inc. (OII) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Oceaneering International, Inc., a leading company in the Oil & Gas Equipment & Services industry within the Energy sector.

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Oceaneering International, Inc. (OII)

Industry: Oil & Gas Equipment & Services

Sector: Energy

Website: https://www.oceaneering.com

About Oceaneering International, Inc.

Oceaneering International, Inc. provides engineered services, products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. The company's Subsea Robotics segment provides remotely operated vehicles (ROVs) for drill support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair. This segment also offers ROV tooling, and survey services, such as hydrographic survey and positioning services, as well as autonomous underwater vehicles for geoscience. As of December 31, 2021, this segment owned 250 work-class ROVs. Its Manufactured Products segment provides distribution and connection systems, including production control umbilicals and field development hardware, pipeline connection, and repair systems to the energy industry; and autonomous mobile robots and automated guided vehicle technology and entertainment systems to various industries. The company's Offshore Projects Group segment offers subsea installation and intervention, including riserless light well intervention services and inspection, and maintenance and repair services; installation and workover control systems, and ROV workover control systems; project management and engineering; and drill pipe riser services and systems, and wellhead load relief solutions. Its Integrity Management & Digital Solutions segment provides asset integrity management; software and analytical solutions for the bulk cargo maritime industry; and software, digital, and connectivity solutions for the energy industry. The company's Aerospace and Defense Technologies segment offers government services and products, including engineering and related manufacturing in defense and space exploration activities to U.S. government agencies and their prime contractors. Oceaneering International, Inc. was founded in 1964 and is headquartered in Houston, Texas.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986
Revenue	2.42B	2.07B	1.87B	1.83B	2.05B	1.91B	1.92B	2.27B	3.06B	3.66B	3.29B	2.78B	2.19B	1.92B	1.82B	1.98B	1.74B	1.28B	998.54M	780.18M	639.25M	547.47M	523.82M	416.82M	400.30M	358.10M	368.80M	289.50M	239.90M	229.80M	215.60M	168.30M	147.20M	183.40M	132.80M	116.40M	103.80M	119.90M
Cost of Revenue	2.03B	1.76B	1.61B	1.66B	1.95B	1.78B	1.73B	1.99B	2.46B	2.80B	2.52B	2.15B	1.68B	1.45B	1.38B	1.51B	1.33B	984.08M	819.26M	648.38M	528.47M	433.30M	420.68M	311.23M	284.60M	259.70M	275.20M	214.10M	174.60M	165.00M	145.50M	114.90M	97.20M	140.20M	102.10M	93.80M	79.30M	89.00M
Gross Profit	398.97M	307.38M	264.07M	163.94M	98.24M	129.23M	194.61M	279.23M	605.43M	859.20M	765.54M	627.86M	508.76M	466.32M	437.73M	464.80M	413.29M	296.12M	179.28M	131.80M	110.78M	114.17M	103.14M	105.59M	115.70M	98.40M	93.60M	75.40M	65.30M	64.80M	70.10M	53.40M	50.00M	43.20M	30.70M	22.60M	24.50M	30.90M
Gross Profit Ratio	16.45%	14.88%	14.13%	8.97%	4.80%	6.77%	10.13%	12.29%	19.77%	23.48%	23.29%	22.56%	23.20%	24.32%	24.02%	23.51%	23.71%	23.13%	17.95%	16.89%	17.33%	20.85%	19.69%	25.33%	28.90%	27.48%	25.38%	26.04%	27.22%	28.20%	32.51%	31.73%	33.97%	23.56%	23.12%	19.42%	23.60%	25.77%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	43.73M	0.00	41.30M	39.00M	36.40M	34.60M	36.40M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	217.64M	196.51M	224.27M	195.70M	214.89M	198.26M	183.95M	208.46M	231.62M	230.87M	220.42M	199.26M	173.93M	156.82M	145.61M	147.24M	123.66M	101.79M	85.21M	67.94M	56.79M	46.46M	43.73M	39.34M	41.30M	39.00M	36.40M	34.60M	36.40M	31.60M	32.90M	26.70M	26.50M	22.20M	19.50M	18.80M	18.20M	22.80M
Other Expenses	0.00	-1.01M	-9.77M	-14.27M	-6.62M	-8.79M	-6.06M	-6.24M	-13.11M	-387.00K	-1.27M	-6.07M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	33.95M	30.00M	23.20M	24.70M	20.60M	16.20M	12.20M	11.50M	7.20M	6.30M	6.50M	8.30M	11.20M	12.60M	14.50M
Operating Expenses	217.64M	196.51M	224.27M	195.70M	214.89M	198.26M	183.95M	208.46M	231.62M	230.87M	220.42M	199.26M	173.93M	156.82M	145.61M	147.24M	123.66M	101.79M	85.21M	67.94M	56.79M	46.46M	43.73M	73.29M	71.30M	62.20M	61.10M	55.20M	52.60M	43.80M	44.40M	33.90M	32.80M	28.70M	27.80M	30.00M	30.80M	37.30M
Cost & Expenses	2.24B	1.96B	1.83B	1.86B	2.16B	1.98B	1.91B	2.20B	2.69B	3.03B	2.74B	2.35B	1.86B	1.61B	1.53B	1.66B	1.45B	1.09B	904.47M	716.32M	585.25M	479.76M	464.41M	384.52M	355.90M	321.90M	336.30M	269.30M	227.20M	208.80M	189.90M	148.80M	130.00M	168.90M	129.90M	123.80M	110.10M	126.30M
Interest Income	15.43M	5.71M	2.48M	3.08M	7.89M	9.96M	7.36M	3.90M	607.00K	293.00K	554.00K	1.94M	888.00K	580.00K	694.00K	907.00K	0.00	0.00	0.00	999.00K	573.00K	668.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	36.52M	38.22M	38.81M	43.90M	42.71M	37.74M	27.82M	25.32M	25.05M	4.71M	2.19M	4.22M	1.10M	6.01M	7.78M	13.49M	14.15M	6.61M	0.00	4.54M	10.59M	13.47M	7.86M	6.40M	2.50M	600.00K	0.00	0.00	200.00K	0.00	0.00	0.00	0.00	0.00	300.00K	4.90M	1.90M	4.80M
Depreciation & Amortization	104.96M	120.97M	139.72M	185.02M	248.71M	293.59M	213.52M	250.25M	241.24M	229.78M	202.23M	176.48M	151.23M	153.65M	122.95M	115.03M	93.78M	80.46M	79.61M	65.62M	56.96M	52.34M	47.91M	33.95M	30.00M	23.20M	24.70M	20.60M	16.20M	12.20M	11.50M	7.20M	6.30M	6.50M	8.30M	11.20M	12.60M	14.50M
EBITDA	302.54M	231.83M	179.52M	-269.98M	-39.40M	145.50M	224.18M	329.91M	649.75M	858.11M	747.34M	602.62M	490.21M	464.88M	420.50M	435.73M	383.40M	274.79M	173.68M	129.48M	54.00M	67.70M	104.50M	66.58M	66.25M	59.40M	59.42M	57.20M	40.80M	28.90M	33.20M	37.20M	26.70M	23.50M	21.00M	11.20M	3.80M	6.30M
EBITDA Ratio	12.48%	5.68%	1.77%	-2.23%	-5.57%	-3.75%	0.52%	3.02%	12.21%	17.17%	16.57%	15.31%	15.31%	16.17%	16.07%	16.20%	22.11%	21.71%	17.43%	16.80%	17.62%	22.34%	20.37%	15.97%	18.49%	16.59%	12.69%	13.37%	11.96%	14.10%	16.74%	14.38%	12.43%	11.23%	8.51%	5.24%	6.07%	7.51%
Operating Income	181.33M	-3.70M	-106.62M	-31.75M	-116.65M	-145.48M	10.66M	70.76M	373.81M	628.33M	545.12M	428.60M	334.83M	309.50M	292.12M	317.56M	289.62M	194.34M	94.07M	63.86M	54.00M	67.70M	59.41M	32.30M	44.40M	36.20M	32.50M	20.20M	12.70M	21.00M	25.70M	19.50M	17.20M	14.50M	2.90M	-7.40M	-6.30M	-6.40M
Operating Income Ratio	7.48%	-0.18%	-5.70%	-1.74%	-5.70%	-7.62%	0.55%	3.12%	12.21%	17.17%	16.58%	15.40%	15.27%	16.14%	16.03%	16.06%	16.62%	15.18%	9.42%	8.19%	8.45%	12.37%	11.34%	7.75%	11.09%	10.11%	8.81%	6.98%	5.29%	9.14%	11.92%	11.59%	11.68%	7.91%	2.18%	-6.36%	-6.07%	-5.34%
Total Other Income/Expenses	-20.27M	-31.81M	-45.51M	-52.82M	-40.11M	-40.35M	-28.50M	-27.42M	-37.55M	-4.85M	-2.78M	-6.68M	3.05M	-4.28M	-2.34M	-10.34M	-12.13M	-3.44M	381.00K	-2.94M	-8.92M	-11.18M	-5.66M	-6.07M	-2.90M	-2.90M	-621.00K	21.00M	-300.00K	-200.00K	-300.00K	-500.00K	4.40M	7.60M	11.70M	-200.00K	-2.60M	-1.90M
Income Before Tax	161.06M	79.05M	-5.71M	-498.90M	-330.82M	-185.83M	-17.84M	43.35M	336.26M	623.48M	542.34M	421.92M	337.89M	305.22M	289.78M	307.22M	277.50M	190.90M	94.45M	60.92M	45.08M	56.53M	50.94M	26.23M	41.50M	35.60M	41.20M	19.90M	12.50M	20.70M	25.20M	21.60M	22.10M	14.60M	2.70M	-10.00M	-8.20M	-10.30M
Income Before Tax Ratio	6.64%	3.83%	-0.31%	-27.29%	-16.15%	-9.73%	-0.93%	1.91%	10.98%	17.04%	16.50%	15.16%	15.41%	15.92%	15.90%	15.54%	15.92%	14.91%	9.46%	7.81%	7.05%	10.32%	9.72%	6.29%	10.37%	9.94%	11.17%	6.87%	5.21%	9.01%	11.69%	12.83%	15.01%	7.96%	2.03%	-8.59%	-7.90%	-8.59%
Income Tax Expense	63.65M	53.11M	43.60M	-2.15M	17.62M	26.49M	-184.24M	18.76M	105.25M	195.15M	170.84M	132.91M	102.23M	104.69M	101.42M	107.83M	97.12M	66.40M	31.77M	20.62M	15.78M	16.39M	17.83M	9.44M	15.80M	13.60M	21.80M	7.50M	7.00M	5.80M	5.80M	5.70M	5.80M	4.40M	1.50M	1.40M	900.00K	900.00K
Net Income	97.40M	25.94M	-49.31M	-496.75M	-348.44M	-212.33M	166.40M	24.59M	231.01M	428.33M	371.50M	289.02M	235.66M	200.53M	188.35M	199.39M	180.37M	124.49M	62.68M	40.30M	29.30M	40.13M	33.11M	16.78M	25.70M	22.00M	19.40M	12.40M	5.50M	14.90M	19.40M	15.90M	16.30M	10.20M	1.20M	-11.40M	-9.10M	-11.20M
Net Income Ratio	4.02%	1.26%	-2.64%	-27.18%	-17.01%	-11.12%	8.66%	1.08%	7.54%	11.70%	11.30%	10.39%	10.75%	10.46%	10.34%	10.08%	10.35%	9.72%	6.28%	5.17%	4.58%	7.33%	6.32%	4.03%	6.42%	6.14%	5.26%	4.28%	2.29%	6.48%	9.00%	9.45%	11.07%	5.56%	0.90%	-9.79%	-8.77%	-9.34%
EPS	0.97	0.26	-0.49	-5.01	-3.52	-2.16	1.69	0.25	2.36	4.30	3.43	2.68	2.18	1.85	1.71	1.83	1.65	1.16	0.60	0.40	0.31	0.42	0.34	0.18	0.29	0.24	0.10	0.13	0.06	0.16	0.21	0.18	0.18	0.11	0.01	-0.13	-0.28	-0.36
EPS Diluted	0.95	0.26	-0.49	-5.01	-3.52	-2.15	1.68	0.25	2.34	4.00	3.42	2.66	2.16	1.83	1.70	1.79	1.62	1.13	0.59	0.39	0.30	0.41	0.33	0.18	0.29	0.23	0.10	0.13	0.06	0.16	0.21	0.18	0.18	0.11	0.01	-0.13	-0.28	-0.36
Weighted Avg Shares Out	100.70M	100.19M	99.71M	99.23M	98.88M	98.50M	98.28M	98.07M	97.85M	99.61M	108.20M	107.91M	108.03M	108.23M	109.45M	110.22M	109.57M	107.98M	104.60M	99.97M	95.61M	96.19M	91.48M	91.03M	89.45M	92.93M	192.00M	93.58M	96.07M	95.98M	94.29M	90.11M	89.50M	89.09M	85.19M	85.64M	32.01M	31.41M
Weighted Avg Shares Out (Dil)	102.16M	101.45M	99.71M	99.23M	98.88M	98.54M	98.76M	98.42M	98.81M	107.09M	108.73M	108.62M	109.00M	109.53M	110.05M	111.44M	111.51M	109.98M	107.30M	102.74M	97.81M	98.73M	94.52M	92.14M	89.45M	94.18M	192.00M	93.58M	96.07M	95.98M	94.29M	90.11M	89.50M	89.09M	85.19M	85.64M	32.01M	31.41M

Oceaneering International (OII) Up 17% Since Last Earnings Report: Can It Continue?

November 22, 2024zacks.com

Oceaneering International (OII) reported earnings 30 days ago. What's next for the stock?

Oceaneering Announces the Promotion of Benjamin M. Laura to Senior Vice President and Chief Operating Officer

November 21, 2024businesswire.com

HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced the promotion of Benjamin M. Laura to Senior Vice President and Chief Operating Officer (“COO”), effective January 1, 2025. Mr. Laura currently serves as Oceaneering's Senior Vice President and Chief Innovation Officer, a...

Oceaneering to Sell Its Entertainment Unit to Infinite Acquisitions

November 21, 2024zacks.com

Infinite Acquisitions plans to acquire the entertainment arm of OII under Falcon's Beyond's operatorship to amplify its leadership in themed entertainment.

Oceaneering to Participate at Investor Conferences: Bank of America Global Energy Conference and Baird Global Industrial Conference

November 5, 2024businesswire.com

HOUSTON--(BUSINESS WIRE)--Oceaneering to Participate at Investor Conferences: Bank of America Global Energy Conf, Nov 12 and Baird Global Industrial Conf, Nov 13.

Oceaneering Acquires Global Design Innovation Ltd.

October 29, 2024businesswire.com

HOUSTON--(BUSINESS WIRE)--Oceaneering Acquires Global Design Innovation Ltd. (GDi), a UK-based and UKAS-certified provider of digital and software services.

Oceaneering International's Q3 Earnings Lag Estimates, Revenues Beat

October 25, 2024zacks.com

OII expects a slight increase in total revenues for fourth-quarter 2024 compared with the third quarter. Adjusted EBITDA is expected to remain unchanged.

Oceaneering International, Inc. (OII) Q3 2024 Earnings Call Transcript

October 24, 2024seekingalpha.com

Oceaneering International, Inc. (NYSE:OII ) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants Hilary Frisbie – Senior Director, Investor Relations Rod Larson – President and Chief Executive Officer Alan Curtis – Senior President and Chief...