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OCEANEERING INTERNATIONAL INC

CIK: 73756 SIC: 1389
$2.78B
Revenue
$353.76M
Net Income
20.42%
Gross Margin
10.94%
Op. Margin
$41.15M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 16 annual reports available (2010 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
+ Total Revenue $2.78B $2.78B $2.66B $2.42B $2.07B $1.87B $1.83B $2.05B $1.91B $1.92B $2.27B
Revenue Growth % 0.0% 4.6% 9.8% 17.4% 10.5% 2.3% -10.8% 7.3% -0.6% -15.4% nan%
Cost of Revenue $2.22B $2.22B $2.18B $2.03B $1.76B $1.61B $1.66B $1.95B $1.78B $1.73B $1.99B
+ Gross Profit $568.44M $568.44M $485.49M $398.97M $307.38M $264.06M $163.94M $98.24M $129.23M $194.61M $279.23M
Gross Margin % 20.4% 20.4% 18.2% 16.5% 14.9% 14.1% 9.0% 4.8% 6.8% 10.1% 12.3%
Selling General & Admin $263.89M $263.89M $239.22M $217.64M $196.51M $224.27M $195.69M $214.89M $198.26M $183.95M $208.46M
+ Operating Income $304.55M $304.55M $246.27M $181.33M $110.86M $39.80M $-446.08M $-290.71M $-145.48M $10.66M $70.76M
Operating Margin % 10.9% 10.9% 9.3% 7.5% 5.4% 2.1% -24.4% -14.2% -7.6% 0.6% 3.1%
Interest Expense $36.98M $36.98M $37.92M $36.52M $38.22M $38.81M $43.90M $42.71M $37.74M $27.82M $25.32M
Interest Income $14.48M $14.48M $12.12M $15.43M $5.71M $2.48M $3.08M $7.89M $9.96M $7.36M $3.90M
Other Income/Expense - - - - - - - $-6.62M $-8.79M $-6.05M $-6.24M
Income Tax Expense $-67.86M $-67.86M $77.45M $63.65M $53.11M $43.60M $-2.15M $17.62M $26.49M $-184.24M $18.76M
+ Net Income $353.76M $353.76M $147.47M $97.40M $25.94M $-49.31M $-496.75M $-348.44M $-212.33M $166.40M $24.59M
Net Margin % 12.7% 12.7% 5.5% 4.0% 1.3% -2.6% -27.2% -17.0% -11.1% 8.7% 1.1%
Basic EPS nan 3.53 1.46 0.97 0.26 -0.49 -5.01 -3.52 -2.16 1.69 0.25
Diluted EPS nan 3.49 1.44 0.95 0.26 -0.49 -5.01 -3.52 -2.16 1.68 0.25
Basic Shares Outstanding -217K 100.2M 101.2M 100.7M 100.2M 99.7M 99.2M 98.9M 98.5M 98.2M 98.0M
Diluted Shares Outstanding -184K 101.3M 102.4M 102.2M 101.4M 99.7M 99.2M 98.9M 98.5M 98.8M 98.4M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Cash Equivalents $688.87M $497.52M $461.57M $568.75M $538.11M $452.02M $373.65M $354.26M $430.32M $450.19M
Short-term Investments $7.00M $7.00M - - - - - - - -
Accounts Receivable $308.49M $303.58M $331.33M $296.55M $262.96M $296.21M $421.36M $368.88M $476.90M $489.75M
Inventory $201.59M $222.85M $209.80M $184.38M $153.68M $141.24M $174.74M $194.51M $215.28M $280.13M
Other Current Assets $96.64M $88.67M $68.46M $62.54M $68.40M $58.80M $53.39M $71.04M $64.90M $42.52M
Total Current Assets $1.51B $1.39B $1.31B $1.30B $1.19B $1.17B $1.24B $1.24B $1.19B $1.26B
Property Plant & Equipment $451.69M $420.10M $424.29M $438.45M $489.60M $591.11M $776.53M $964.67M $1.06B $1.15B
Goodwill $51.02M $49.35M $34.21M $34.34M $34.91M $35.02M $405.08M $413.12M $455.60M $443.55M
Intangible Assets $30.35M $33.33M - - - - - - - -
Other Non-current Assets $129.25M $144.28M $137.29M $122.22M $104.25M $108.25M $151.38M $202.32M $316.75M $270.91M
Total Assets $2.67B $2.34B $2.24B $2.03B $1.96B $2.05B $2.74B $2.82B $3.02B $3.13B
Accounts Payable $174.72M $181.50M $156.06M $148.02M $122.33M $94.21M $145.93M $102.64M $85.54M $77.59M
Accrued Liabilities $471.97M $474.74M $411.78M $307.45M $290.66M $292.86M $337.68M $392.11M $350.26M $430.77M
Deferred Revenue $115.03M $140.70M $164.63M $112.95M $88.17M $50.05M $117.34M $85.17M - -
Total Current Liabilities $761.73M $796.94M $732.48M $568.41M $501.16M $437.12M $600.96M $494.74M $435.80M $508.36M
Long-term Debt $487.42M $482.01M $477.06M $700.97M $702.07M $805.25M $796.52M $786.58M $792.31M $793.06M
Other Non-current Liabilities $84.18M $98.75M $101.91M $84.65M $90.10M $89.24M $106.79M - $131.32M $312.25M
Common Stock $27.71M $27.71M $27.71M $27.71M $27.71M $27.71M $27.71M $27.71M $27.71M $27.71M
Retained Earnings $1.93B $1.57B $1.43B $1.33B $1.30B $1.35B $1.85B $2.20B $2.42B $2.30B
Treasury Stock - - - - - - $681.64M $704.07M $718.95M $731.20M
Total Stockholders Equity $1.07B $714.26M $628.02M $519.74M $504.96M $552.09M $1.07B $1.41B $1.66B $1.52B
Total Liabilities & Equity $2.67B $2.34B $2.24B $2.03B $1.96B $2.05B $2.74B $2.82B $3.02B $3.13B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $353.76M $353.76M $147.47M $97.40M $25.94M $-49.31M $-496.75M $-348.44M $-212.33M $166.40M $24.59M
Depreciation & Amortization $102.25M $102.25M $103.44M $104.96M - $139.72M $528.89M $263.43M $293.59M $213.52M $250.25M
Stock-based Compensation $25.84M $14.76M $12.81M $12.06M $10.37M $11.01M $8.68M $11.43M $11.62M $11.52M $14.69M
Deferred Income Tax $-142.26M $-140.60M $-11.29M $-26.79M $829.00K $-1.80M $-4.16M $-12.27M $11.91M $-235.01M $98.00K
Change in Receivables $68.75M $-53.87M $8.00M $83.08M $50.73M $41.10M $125.54M $17.56M $86.72M $-13.14M $-123.04M
Change in Inventory $21.17M $-5.82M $13.09M $25.42M $30.69M $7.31M $26.47M $11.78M $12.48M $-65.50M $-17.83M
Change in Payables - $72.00K $-14.68M $3.25M $417.00K $6.00K $8.93M $76.55M $28.50M $-76.31M $-117.13M
Operating Cash Flow $234.61M $318.86M $203.21M $209.96M $120.88M $225.31M $136.65M $157.57M $36.57M $136.48M $340.52M
Capital Expenditure $193.46M $111.02M $107.14M $100.73M $81.04M $50.20M $60.69M $147.68M $109.47M $93.68M $112.39M
Acquisitions - - $27.15M - - - - - $68.57M $11.28M $30.12M
Investing Cash Flow $-172.54M $-96.23M $-124.17M $-86.35M $-76.86M $-34.16M $-52.59M $-134.79M $-98.84M $-112.03M $-169.47M
Debt Repayment - - - - - - - - $-300.00M - -
Stock Repurchased $70.39M $40.27M $20.05M - - - - - - - -
Dividends Paid - - - - - - - - - $44.22M -
Financing Cash Flow $-86.77M $-45.55M $-27.04M $-227.30M $-1.86M $-101.68M $-1.70M $-2.30M $-5.63M $-45.92M $-97.14M
Net Change in Cash $12.36M $191.36M $35.95M $-107.18M $30.63M $86.10M $78.36M $19.40M $-76.06M $-19.88M $64.96M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $742.90M - $2.12B -
Cost of Revenue $590.17M - $1.68B -
Gross Profit $152.73M - $436.17M -
Selling General & Admin $66.22M - $197.00M -
Operating Income $86.51M - $239.17M -
Interest Expense $9.38M - $27.93M -
Interest Income $3.70M - $10.37M -
Other Income/Expense $-1.02M - $5.33M -
Income Before Tax $79.91M - $227.70M -
Income Tax Expense $8.62M - $51.59M -
Net Income $71.29M $35.00M $176.11M -
Basic EPS 0.71 - 1.75 -
Diluted EPS 0.71 - 1.74 -
Basic Shares Outstanding $100.02M - $100.44M -
Diluted Shares Outstanding $101.06M - $101.45M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Accounts Receivable $405.88M $303.58M
Inventory $218.15M $222.85M
Other Current Assets $102.41M $88.67M
Total Current Assets $1.50B $1.39B
Property Plant & Equipment $442.27M $420.10M
Goodwill $51.04M $49.35M
Other Non-current Assets $165.62M $144.28M
Total Assets $2.54B $2.34B
Accounts Payable $170.87M $181.50M
Accrued Liabilities $475.06M $474.74M
Deferred Revenue $117.92M $140.70M
Total Current Liabilities $763.86M $796.94M
Long-term Debt $486.02M $482.01M
Other Non-current Liabilities $89.23M $98.75M
Common Stock $27.71M $27.71M
Retained Earnings $1.75B $1.57B
Total Stockholders Equity $907.67M $714.26M
Total Liabilities & Equity $2.54B $2.34B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $71.29M $35.00M $176.11M -
Depreciation & Amortization $26.12M - $75.97M -
Stock-based Compensation - - $11.28M -
Deferred Income Tax - - $-4.04M -
Change in Receivables - - $96.43M -
Change in Inventory - - $10.73M -
Operating Cash Flow - - $97.73M -
Capital Expenditure - - $80.58M -
Investing Cash Flow - - $-68.52M -
Stock Repurchased - - $30.22M -
Financing Cash Flow - - $-35.69M -
Net Change in Cash - - $8.48M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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