profit from every $100 of sales.

Oceaneering International
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $9.79 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Oceaneering International sold, what it kept, and what it did with the cash.
Sales went from $2.07 billion in 2022 to $2.78 billion in 2025, with $354 million of profit last year.
Oceaneering International handed back 19% of the cash it generated last year.
Oceaneering International vs. similar companies
Oceaneering International grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Oceaneering International | 9.8× · Cheap | ||
SLB | 22.3× · Fair price | ||
Baker Hughes | 18.7× · Fair price | ||
Tenaris | 15.9× · Fair price | ||
Halliburton | 21.1× · Fair price |
AI analysis
An AI analyst reads Oceaneering International's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,066 | 2,425 | 2,661 | 2,784 | |
| 307 | 399 | 485 | 568 | |
| 111 | 181 | 246 | 305 | |
| 238 | 303 | 366 | 425 | |
| 26 | 97 | 147 | 354 | |
| 0.26 | 0.95 | 1.44 | 3.49 | |
| 14.9% | 16.5% | 18.2% | 20.4% | |
| 5.4% | 7.5% | 9.3% | 10.9% | |
| 1.3% | 4.0% | 5.5% | 12.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,032 | 2,239 | 2,336 | 2,667 |
| Cash | 569 | 462 | 498 | 689 |
| Total debt | 868 | 849 | 852 | 873 |
| Total liabilities | 1,506 | 1,605 | 1,616 | 1,591 |
| 520 | 628 | 714 | 1,071 | |
| 101 | 102 | 102 | 101 | |
| 6.7% | 10.6% | 13.3% | 13.1% | |
| 5.0% | 15.5% | 20.6% | 33.0% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 121 | 210 | 203 | 319 | |
| 81 | 101 | 107 | 111 | |
| 40 | 109 | 96 | 208 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | 20 | 40 | |
| 10 | 12 | 13 | 15 |
Valuation
- 9.8×
- 19.3×
- 0.07
- 3.4×
- 1.2×
- 16.7×
- 8.6×
- 6.0%
- 10.2%
- 0.0%
Profitability
- 20.4%
- 10.9%
- 12.7%
- 14.5%
- 14.1%
- 7.4%
- 34.5%
- 12.8%
- 15.1%
- –
Growth
- +10.5%
- +138.0%
- +116.3%
- –
- +0.4%
Financial health
- 0.6×
- 0.77
- 32.1%
- 7.8×
- 2.08
- 1.79
- 1.06
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $33.00
- Range
- $32.00 – $34.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 22, 2026 | 0.30 | 0.35 | −14.3% |
| Feb 18, 2026 | 0.45 | 0.31 | +47.1% |
| Oct 22, 2025 | 0.55 | 0.42 | +31.0% |
| Jul 23, 2025 | 0.49 | 0.42 | +16.7% |
| Apr 23, 2025 | 0.43 | 0.36 | +19.4% |
| Feb 19, 2025 | 0.37 | 0.39 | −5.1% |
| Oct 23, 2024 | 0.40 | 0.44 | −9.1% |
| Jul 24, 2024 | 0.34 | 0.31 | +9.7% |
News
Oceaneering projects 2027 EBITDA of $430M-$480M while citing ADTech appropriations timing riskSeeking Alpha · Oct 22, 2026Oceaneering secures up to $154M U.S. Navy contractSeeking Alpha · Oct 1, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Oceaneering International
Is Oceaneering International a good stock to buy?
A solid business, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Oceaneering International AI analysis
What does Oceaneering International do?
Oceaneering International, Inc. provides engineered services, products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It is in Oil & Gas Equipment & Services, based in Houston, TX, United States, with 11,100 employees.
Does Oceaneering International pay a dividend?
No. Oceaneering International does not pay a dividend at the moment; in 2025 it returned $40.3 million to shareholders by buying back its own shares.
Is Oceaneering International stock halal?
Yes. Oceaneering International passes our halal screen: its business is permitted and its debt is 25% of its market value, under the 30% limit. How we check
How has Oceaneering International stock done over the past year?
Up 49.1% over the past twelve months, to $34.78. It traded between $23.27 and $54.11 and is 35.7% below its high.
Who are Oceaneering International's competitors?
The largest listed companies in the same industry are SLB, Baker Hughes, Tenaris and Halliburton. The peers table on this page compares their profit, growth and price with Oceaneering International's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



