Oceaneering International Inc. OII
Oilfield Services/Equipment · data as of November 13, 2026
Oceaneering International Inc. (OII) is a energy company listed in the US with a market value of about $3.5B. In the twelve months to September 30, 2026 it had revenue of $2.9B and net income of $330M, a net margin of 11.3%.
Its overall Stock Analiz score is 2.6 out of 5 (average). The strongest part is financial health (4/5); the weakest is shareholder returns (1/5).
Key numbers: a P/E of 10.9, a price to free cash flow of 12.3, 5-year revenue growth of 9% a year, a 5-year average ROIC of 9%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 43% below the current price.
Score: 2.6 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year revenue growth above 8% a year
- ROE above 15%
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.9B | $2.8B | $2.7B | $2.4B | $2.1B | $1.9B | $1.8B | $2.0B | $1.9B | $1.9B | $2.3B |
| Net income | $330M | $354M | $147M | $97M | $26M | -$49M | -$497M | -$348M | -$212M | $166M | $25M |
| Free cash flow | $288M | $208M | $96M | $109M | $40M | $175M | $76M | $10M | -$73M | $43M | $227M |
| EPS (diluted) | $3.28 | $3.49 | $1.44 | $0.95 | $0.26 | $-0.49 | $-5.01 | $-3.52 | $-2.16 | $1.68 | $0.25 |
| Net margin | 11.3% | 12.7% | 5.5% | 4.0% | 1.3% | -2.6% | -27.2% | -17.0% | -11.1% | 8.7% | 1.1% |
| ROIC | — | 12.4% | 12.4% | 9.7% | 6.3% | 2.3% | -23.0% | -11.2% | -5.2% | 0.3% | 2.4% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 4 analysts is $41.00, 15% above the current price; targets range from $30.00 to $47.00; the consensus rating is “Hold”; expected EPS is $2.15 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Oceaneering International’s P/E ratio?
About 10.9, based on the last twelve months of diluted earnings per share (forward P/E about 18.9).
Is Oceaneering International stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 43% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Oceaneering International pay a dividend?
Not currently.
Is Oceaneering International a good stock to buy?
We do not give buy or sell advice. Oceaneering International scores 2.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.