OCEANEERING INTL INC (OII) Fundamental Analysis & Valuation
NYSE:OII • US6752321025
35.14 USD
-0.03 (-0.09%)
At close: Mar 4, 2026
35.23 USD
+0.09 (+0.26%)
After Hours: 3/4/2026, 8:04:00 PM
This OII fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 5 out of 10 to OII. OII was compared to 60 industry peers in the Energy Equipment & Services industry. OII has an excellent profitability rating, but there are some minor concerns on its financial health. OII has a decent growth rate and is not valued too expensively.
1. OII Profitability Analysis
1.1 Basic Checks
- OII had positive earnings in the past year.
- In the past year OII had a positive cash flow from operations.
- Of the past 5 years OII 4 years were profitable.
- Of the past 5 years OII 4 years had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 9.14%, OII belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
- OII's Return On Equity of 25.58% is amongst the best of the industry. OII outperforms 95.00% of its industry peers.
- OII has a better Return On Invested Capital (12.25%) than 93.33% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for OII is below the industry average of 13.22%.
- The 3 year average ROIC (9.62%) for OII is below the current ROIC(12.25%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.14% | ||
| ROE | 25.58% | ||
| ROIC | 12.25% |
ROA(3y)7.98%
ROA(5y)4.54%
ROE(3y)23%
ROE(5y)12.85%
ROIC(3y)9.62%
ROIC(5y)7.12%
1.3 Margins
- OII has a better Profit Margin (8.21%) than 76.67% of its industry peers.
- OII's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 11.72%, OII is in the better half of the industry, outperforming 63.33% of the companies in the same industry.
- OII's Operating Margin has improved in the last couple of years.
- OII has a Gross Margin of 20.95%. This is in the lower half of the industry: OII underperforms 65.00% of its industry peers.
- In the last couple of years the Gross Margin of OII has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.72% | ||
| PM (TTM) | 8.21% | ||
| GM | 20.95% |
OM growth 3Y26.8%
OM growth 5YN/A
PM growth 3Y116.3%
PM growth 5YN/A
GM growth 3Y11.13%
GM growth 5Y17.89%
2. OII Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OII is creating some value.
- The number of shares outstanding for OII has been reduced compared to 1 year ago.
- OII has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, OII has an improved debt to assets ratio.
2.2 Solvency
- OII has an Altman-Z score of 4.15. This indicates that OII is financially healthy and has little risk of bankruptcy at the moment.
- OII's Altman-Z score of 4.15 is amongst the best of the industry. OII outperforms 86.67% of its industry peers.
- The Debt to FCF ratio of OII is 4.35, which is a neutral value as it means it would take OII, 4.35 years of fcf income to pay off all of its debts.
- OII has a Debt to FCF ratio of 4.35. This is comparable to the rest of the industry: OII outperforms 55.00% of its industry peers.
- A Debt/Equity ratio of 0.54 indicates that OII is somewhat dependend on debt financing.
- OII has a Debt to Equity ratio (0.54) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 4.35 | ||
| Altman-Z | 4.15 |
ROIC/WACC1.47
WACC8.35%
2.3 Liquidity
- OII has a Current Ratio of 1.97. This is a normal value and indicates that OII is financially healthy and should not expect problems in meeting its short term obligations.
- OII's Current ratio of 1.97 is in line compared to the rest of the industry. OII outperforms 50.00% of its industry peers.
- OII has a Quick Ratio of 1.68. This is a normal value and indicates that OII is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.68, OII is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.97 | ||
| Quick Ratio | 1.68 |
3. OII Growth Analysis
3.1 Past
- OII shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 53.15%, which is quite impressive.
- OII shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 93.99% yearly.
- OII shows a small growth in Revenue. In the last year, the Revenue has grown by 4.62%.
- Measured over the past years, OII shows a quite strong growth in Revenue. The Revenue has been growing by 8.78% on average per year.
EPS 1Y (TTM)53.15%
EPS 3Y93.99%
EPS 5YN/A
EPS Q2Q%-18.18%
Revenue 1Y (TTM)4.62%
Revenue growth 3Y10.45%
Revenue growth 5Y8.78%
Sales Q2Q%-6.29%
3.2 Future
- Based on estimates for the next years, OII will show a small growth in Earnings Per Share. The EPS will grow by 4.64% on average per year.
- OII is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.41% yearly.
EPS Next Y-14.46%
EPS Next 2Y-0.29%
EPS Next 3Y5.69%
EPS Next 5Y4.64%
Revenue Next Year0.85%
Revenue Next 2Y4.47%
Revenue Next 3Y6.3%
Revenue Next 5Y4.41%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. OII Valuation Analysis
4.1 Price/Earnings Ratio
- OII is valuated correctly with a Price/Earnings ratio of 16.05.
- Based on the Price/Earnings ratio, OII is valued cheaper than 86.67% of the companies in the same industry.
- OII's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.03.
- With a Price/Forward Earnings ratio of 18.76, OII is valued on the expensive side.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of OII indicates a somewhat cheap valuation: OII is cheaper than 70.00% of the companies listed in the same industry.
- OII is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.05 | ||
| Fwd PE | 18.76 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as OII.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of OII is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.4 | ||
| EV/EBITDA | 8.02 |
4.3 Compensation for Growth
- The decent profitability rating of OII may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.29%
EPS Next 3Y5.69%
5. OII Dividend Analysis
5.1 Amount
- OII does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
OII Fundamentals: All Metrics, Ratios and Statistics
35.14
-0.03 (-0.09%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-18 2026-02-18/amc
Earnings (Next)04-21 2026-04-21/amc
Inst Owners97.59%
Inst Owner Change4.97%
Ins Owners1.92%
Ins Owner Change-8.64%
Market Cap3.51B
Revenue(TTM)2.78B
Net Income(TTM)232.21M
Analysts49.09
Price Target27.29 (-22.34%)
Short Float %4.57%
Short Ratio3.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)48.97%
Min EPS beat(2)33.89%
Max EPS beat(2)64.05%
EPS beat(4)4
Avg EPS beat(4)51.44%
Min EPS beat(4)33.89%
Max EPS beat(4)67%
EPS beat(8)6
Avg EPS beat(8)61.51%
EPS beat(12)7
Avg EPS beat(12)30.19%
EPS beat(16)9
Avg EPS beat(16)120.84%
Revenue beat(2)2
Avg Revenue beat(2)2.14%
Min Revenue beat(2)1.04%
Max Revenue beat(2)3.24%
Revenue beat(4)4
Avg Revenue beat(4)2.43%
Min Revenue beat(4)1.04%
Max Revenue beat(4)3.24%
Revenue beat(8)7
Avg Revenue beat(8)1.58%
Revenue beat(12)8
Avg Revenue beat(12)0.81%
Revenue beat(16)10
Avg Revenue beat(16)0.55%
PT rev (1m)9.18%
PT rev (3m)10.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.77%
EPS NY rev (1m)0.41%
EPS NY rev (3m)5.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.05 | ||
| Fwd PE | 18.76 | ||
| P/S | 1.24 | ||
| P/FCF | 31.4 | ||
| P/OCF | 15.51 | ||
| P/B | 3.86 | ||
| P/tB | 4.09 | ||
| EV/EBITDA | 8.02 |
EPS(TTM)2.19
EY6.23%
EPS(NY)1.87
Fwd EY5.33%
FCF(TTM)1.12
FCFY3.18%
OCF(TTM)2.27
OCFY6.45%
SpS28.35
BVpS9.1
TBVpS8.59
PEG (NY)N/A
PEG (5Y)N/A
Graham Number21.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.14% | ||
| ROE | 25.58% | ||
| ROCE | 18.68% | ||
| ROIC | 12.25% | ||
| ROICexc | 17.22% | ||
| ROICexgc | 17.95% | ||
| OM | 11.72% | ||
| PM (TTM) | 8.21% | ||
| GM | 20.95% | ||
| FCFM | 3.95% |
ROA(3y)7.98%
ROA(5y)4.54%
ROE(3y)23%
ROE(5y)12.85%
ROIC(3y)9.62%
ROIC(5y)7.12%
ROICexc(3y)14.46%
ROICexc(5y)10.88%
ROICexgc(3y)15.13%
ROICexgc(5y)11.4%
ROCE(3y)14.67%
ROCE(5y)10.86%
ROICexgc growth 3Y23.9%
ROICexgc growth 5YN/A
ROICexc growth 3Y26.11%
ROICexc growth 5YN/A
OM growth 3Y26.8%
OM growth 5YN/A
PM growth 3Y116.3%
PM growth 5YN/A
GM growth 3Y11.13%
GM growth 5Y17.89%
F-Score8
Asset Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 4.35 | ||
| Debt/EBITDA | 1.12 | ||
| Cap/Depr | 113.19% | ||
| Cap/Sales | 4.05% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 52.25% | ||
| Profit Quality | 48.09% | ||
| Current Ratio | 1.97 | ||
| Quick Ratio | 1.68 | ||
| Altman-Z | 4.15 |
F-Score8
WACC8.35%
ROIC/WACC1.47
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)53.15%
EPS 3Y93.99%
EPS 5YN/A
EPS Q2Q%-18.18%
EPS Next Y-14.46%
EPS Next 2Y-0.29%
EPS Next 3Y5.69%
EPS Next 5Y4.64%
Revenue 1Y (TTM)4.62%
Revenue growth 3Y10.45%
Revenue growth 5Y8.78%
Sales Q2Q%-6.29%
Revenue Next Year0.85%
Revenue Next 2Y4.47%
Revenue Next 3Y6.3%
Revenue Next 5Y4.41%
EBIT growth 1Y53.66%
EBIT growth 3Y40.05%
EBIT growth 5YN/A
EBIT Next Year35.25%
EBIT Next 3Y19.97%
EBIT Next 5Y12.38%
FCF growth 1Y-7.22%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-0.68%
OCF growth 3YN/A
OCF growth 5YN/A
OCEANEERING INTL INC / OII FAQ
What is the ChartMill fundamental rating of OCEANEERING INTL INC (OII) stock?
ChartMill assigns a fundamental rating of 5 / 10 to OII.
What is the valuation status of OCEANEERING INTL INC (OII) stock?
ChartMill assigns a valuation rating of 4 / 10 to OCEANEERING INTL INC (OII). This can be considered as Fairly Valued.
Can you provide the profitability details for OCEANEERING INTL INC?
OCEANEERING INTL INC (OII) has a profitability rating of 7 / 10.
What is the expected EPS growth for OCEANEERING INTL INC (OII) stock?
The Earnings per Share (EPS) of OCEANEERING INTL INC (OII) is expected to decline by -14.46% in the next year.
Can you provide the dividend sustainability for OII stock?
The dividend rating of OCEANEERING INTL INC (OII) is 0 / 10 and the dividend payout ratio is 0%.