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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 5 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)
+ Total Revenue $2.78B $2.78B $2.66B $2.42B $2.07B $1.87B
Revenue Growth % 0.0% 4.6% 9.8% 17.4% 10.5% nan%
Cost of Revenue $2.22B $2.22B $2.18B $2.03B $1.76B $1.61B
+ Gross Profit $568.44M $568.44M $485.49M $398.97M $307.38M $264.06M
Gross Margin % 20.4% 20.4% 18.2% 16.5% 14.9% 14.1%
Selling General & Admin $263.89M $263.89M $239.22M $217.64M $196.51M $224.27M
+ Operating Income $304.55M $304.55M $246.27M $181.33M $110.86M $39.80M
Operating Margin % 10.9% 10.9% 9.3% 7.5% 5.4% 2.1%
Interest Expense $36.98M $36.98M $37.92M $36.52M $38.22M $38.81M
Interest Income $14.48M $14.48M $12.12M $15.43M $5.71M $2.48M
Income Tax Expense $-67.86M $-67.86M $77.45M $63.65M $53.11M $43.60M
+ Net Income $353.76M $353.76M $147.47M $97.40M $25.94M $-49.31M
Net Margin % 12.7% 12.7% 5.5% 4.0% 1.3% -2.6%
Basic EPS nan 3.53 1.46 0.97 0.26 -0.49
Diluted EPS nan 3.49 1.44 0.95 0.26 -0.49
Basic Shares Outstanding -217K 100.2M 101.2M 100.7M 100.2M 99.7M
Diluted Shares Outstanding -184K 101.3M 102.4M 102.2M 101.4M 99.7M
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)
Cash & Cash Equivalents $688.87M $497.52M $461.57M $568.75M $538.11M
Short-term Investments $7.00M $7.00M - - -
Accounts Receivable $308.49M $303.58M $331.33M $296.55M $262.96M
Inventory $201.59M $222.85M $209.80M $184.38M $153.68M
Other Current Assets $96.64M $88.67M $68.46M $62.54M $68.40M
Total Current Assets $1.51B $1.39B $1.31B $1.30B $1.19B
Property Plant & Equipment $451.69M $420.10M $424.29M $438.45M $489.60M
Goodwill $51.02M $49.35M $34.21M $34.34M $34.91M
Intangible Assets $30.35M $33.33M - - -
Other Non-current Assets $129.25M $144.28M $137.29M $122.22M $104.25M
Total Assets $2.67B $2.34B $2.24B $2.03B $1.96B
Accounts Payable $174.72M $181.50M $156.06M $148.02M $122.33M
Accrued Liabilities $471.97M $474.74M $411.78M $307.45M $290.66M
Deferred Revenue $115.03M $140.70M $164.63M $112.95M $88.17M
Total Current Liabilities $761.73M $796.94M $732.48M $568.41M $501.16M
Long-term Debt $487.42M $482.01M $477.06M $700.97M $702.07M
Other Non-current Liabilities $84.18M $98.75M $101.91M $84.65M $90.10M
Common Stock $27.71M $27.71M $27.71M $27.71M $27.71M
Retained Earnings $1.93B $1.57B $1.43B $1.33B $1.30B
Total Stockholders Equity $1.07B $714.26M $628.02M $519.74M $504.96M
Total Liabilities & Equity $2.67B $2.34B $2.24B $2.03B $1.96B
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)
Net Income $353.76M $353.76M $147.47M $97.40M $25.94M $-49.31M
Depreciation & Amortization $102.25M $102.25M $103.44M $104.96M - $139.72M
Stock-based Compensation $25.84M $14.76M $12.81M $12.06M $10.37M $11.01M
Deferred Income Tax $-142.26M $-140.60M $-11.29M $-26.79M $829.00K $-1.80M
Change in Receivables $68.75M $-53.87M $8.00M $83.08M $50.73M $41.10M
Change in Inventory $21.17M $-5.82M $13.09M $25.42M $30.69M $7.31M
Change in Payables - $72.00K $-14.68M $3.25M $417.00K $6.00K
Operating Cash Flow $234.61M $318.86M $203.21M $209.96M $120.88M $225.31M
Capital Expenditure $193.46M $111.02M $107.14M $100.73M $81.04M $50.20M
Acquisitions - - $27.15M - - -
Investing Cash Flow $-172.54M $-96.23M $-124.17M $-86.35M $-76.86M $-34.16M
Stock Repurchased $70.39M $40.27M $20.05M - - -
Financing Cash Flow $-86.77M $-45.55M $-27.04M $-227.30M $-1.86M $-101.68M
Net Change in Cash $12.36M $191.36M $35.95M $-107.18M $30.63M $86.10M
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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