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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›OII›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

OCEANEERING INTERNATIONAL INC (OII) financials

Income statement

OCEANEERING INTERNATIONAL INC (OII) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$2.27B$1.92B$1.91B$2.00B$1.71B$1.83B$1.98B$2.33B$2.54B$2.64B
Revenue growth—-15.4%-0.6%4.7%-14.4%6.6%8.7%17.3%9.1%4.1%
Gross profit$279M$195M$129M$98.2M$164M$264M$307M$399M$485M$568M
Gross margin12.3%10.1%6.8%4.9%9.6%14.5%15.5%17.1%19.1%21.5%
Operating income$70.8M$10.7M-$145M-$291M-$446M$39.8M$111M$181M$246M$305M
Operating margin3.1%0.6%-7.6%-14.5%-26.0%2.2%5.6%7.8%9.7%11.5%
Net income$24.6M$166M-$212M-$348M-$497M-$49.3M$25.9M$97.4M$147M$354M
Net margin1.1%8.7%-11.1%-17.4%-29.0%-2.7%1.3%4.2%5.8%13.4%
EPS (diluted)$0.25$1.68-$2.16-$3.52-$5.01-$0.49$0.26$0.95$1.44$3.49

Cash flow

OCEANEERING INTERNATIONAL INC (OII) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$339M$136M$36.6M$158M$137M$225M$121M$210M$203M$319M
Capital expenditures$112M$93.7M$109M$148M$60.7M$50.2M$81.0M$101M$107M$111M
Free cash flow$227M$42.8M-$72.9M$9.88M$76.0M$175M$39.8M$109M$96.1M$208M
Share buybacks$0.00$0.00——————$20.0M$40.3M
Dividends paid—$44.2M$0.00$0.00——————

Balance sheet

OCEANEERING INTERNATIONAL INC (OII) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$450M$430M$354M$374M$452M$538M$569M$462M$498M$689M
Total assets$3.13B$3.02B$2.82B$2.74B$2.05B$1.96B$2.03B$2.24B$2.34B$2.67B
Long-term debt$793M$792M$787M$797M$805M$702M$701M$477M$482M$487M
Shareholders' equity$1.52B$1.66B$1.41B$1.07B$552M$505M$520M$628M$714M$1.07B
Retained earnings$2.30B$2.42B$2.42B$1.85B$1.35B$1.30B$1.33B$1.43B$1.57B$1.93B
Shares (wtd avg diluted)98.4M98.8M98.5M98.9M99.2M99.7M101M102M102M101M

Every figure is extracted from OCEANEERING INTERNATIONAL INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is OCEANEERING INTERNATIONAL INC's annual revenue?
OCEANEERING INTERNATIONAL INC (OII) reported $2.64B of revenue for fiscal year 2025 — up 4.1% from $2.54B in FY2024, per its annual report filed with the SEC.
Is OCEANEERING INTERNATIONAL INC profitable?
Yes — OII earned $354M of net income in FY2025, a 13.4% net margin, per SEC filings.
What is OCEANEERING INTERNATIONAL INC's free cash flow?
$208M in FY2025 (operating cash flow $319M minus $111M of capital expenditures), from the SEC cash-flow statement.
Does OII pay a dividend?
OCEANEERING INTERNATIONAL INC reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full OII analysis — verdict, score & filings →Is OII a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.