Oceaneering International Current Valuation vs. Net Income

OII Stock  USD 28.49  1.76  6.58%   
Taking into consideration Oceaneering International's profitability measurements, Oceaneering International's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Oceaneering International's ability to earn profits and add value for shareholders. As of now, Oceaneering International's Operating Cash Flow Sales Ratio is decreasing as compared to previous years. The Oceaneering International's current Price Sales Ratio is estimated to increase to 0.98, while Days Sales Outstanding is projected to decrease to 70.60. As of now, Oceaneering International's Income Tax Expense is decreasing as compared to previous years. The Oceaneering International's current Net Income Applicable To Common Shares is estimated to increase to about 139.4 M, while Accumulated Other Comprehensive Income is forecasted to increase to (367.2 M). As of now, Oceaneering International's Gross Profit is decreasing as compared to previous years. The Oceaneering International's current Gross Profit Margin is estimated to increase to 0.23, while Pretax Profit Margin is projected to decrease to 0.07.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.230.21
Significantly Up
Slightly volatile
For Oceaneering International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oceaneering International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oceaneering International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oceaneering International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oceaneering International over time as well as its relative position and ranking within its peers.

Oceaneering International's Revenue Breakdown by Earning Segment

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For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.The next projected EPS of Oceaneering International is estimated to be 0.3166 with future projections ranging from a low of 0.19 to a high of 0.43. Oceaneering International's most recent 12-month trailing earnings per share (EPS TTM) is at 2.29. Please be aware that the consensus of earnings estimates for Oceaneering International is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Oceaneering International is projected to generate 0.3166 in earnings per share on the 31st of March 2026. Oceaneering International earnings estimates show analyst consensus about projected Oceaneering International EPS (Earning Per Share). It derives the highest and the lowest estimates based on Oceaneering International's historical volatility. Many public companies, such as Oceaneering International, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Oceaneering International Revenue Breakdown by Earning Segment

By analyzing Oceaneering International's earnings estimates, investors can diagnose different trends across Oceaneering International's analyst sentiment over time as well as compare current estimates against different timeframes.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oceaneering International. If investors know Oceaneering will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oceaneering International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.775
Earnings Share
2.29
Revenue Per Share
28.139
Quarterly Revenue Growth
0.093
Return On Assets
0.081
The market value of Oceaneering International is measured differently than its book value, which is the value of Oceaneering that is recorded on the company's balance sheet. Investors also form their own opinion of Oceaneering International's value that differs from its market value or its book value, called intrinsic value, which is Oceaneering International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oceaneering International's market value can be influenced by many factors that don't directly affect Oceaneering International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oceaneering International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oceaneering International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceaneering International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Oceaneering International Net Income vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Oceaneering International's current stock value. Our valuation model uses many indicators to compare Oceaneering International value to that of its competitors to determine the firm's financial worth.
Oceaneering International is rated below average in current valuation category among its peers. It is rated below average in net income category among its peers making up about  0.05  of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Oceaneering International is roughly  21.07 . As of now, Oceaneering International's Net Income is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Oceaneering International's earnings, one of the primary drivers of an investment's value.

Oceaneering International's Earnings Breakdown by Geography

Oceaneering Current Valuation vs. Competition

Oceaneering International is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is now estimated at about 44.55 Billion. Oceaneering International holds roughly 3.11 Billion in current valuation claiming about 7% of equities under Energy industry.

Oceaneering Net Income vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Oceaneering International

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
3.11 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Oceaneering International

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
147.47 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Oceaneering Net Income Comparison

Oceaneering International is currently under evaluation in net income category among its peers.

Oceaneering International Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Oceaneering International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Oceaneering International will eventually generate negative long term returns. The profitability progress is the general direction of Oceaneering International's change in net profit over the period of time. It can combine multiple indicators of Oceaneering International, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-386.5 M-367.2 M
Operating Income283.2 M297.4 M
Income Before Tax258.7 M271.6 M
Total Other Income Expense Net-19.2 M-20.2 M
Net Income169.6 M178.1 M
Income Tax Expense89.1 M93.5 M
Net Income Applicable To Common Shares132.7 M139.4 M
Net Income From Continuing Ops132.7 M139.4 M
Non Operating Income Net Other8.5 MM
Interest Income10.9 M10.4 M
Net Interest Income-23.2 M-24.4 M
Change To Netincome109.2 M174.8 M
Net Income Per Share 1.31  1.38 
Income Quality 1.58  2.09 
Net Income Per E B T 0.75  0.73 

Oceaneering Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Oceaneering International. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Oceaneering International position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Oceaneering International's important profitability drivers and their relationship over time.

Oceaneering International Earnings Estimation Breakdown

The calculation of Oceaneering International's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Oceaneering International is estimated to be 0.3166 with the future projection ranging from a low of 0.19 to a high of 0.43. Please be aware that this consensus of annual earnings estimates for Oceaneering International is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.0
0.19
Lowest
Expected EPS
0.3166
0.43
Highest

Oceaneering International Earnings Projection Consensus

Suppose the current estimates of Oceaneering International's value are higher than the current market price of the Oceaneering International stock. In this case, investors may conclude that Oceaneering International is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Oceaneering International's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2026Current EPS (TTM)
463.4%
0.0
0.3166
2.29

Oceaneering International Earnings per Share Projection vs Actual

Actual Earning per Share of Oceaneering International refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Oceaneering International predict the company's earnings will be in the future. The higher the earnings per share of Oceaneering International, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Oceaneering International Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Oceaneering International, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Oceaneering International should always be considered in relation to other companies to make a more educated investment decision.

Oceaneering Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Oceaneering International's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
null
nullnullnullnull
2025-10-22
2025-09-300.430.710.2865 
2025-07-22
2025-06-300.41410.490.075918 
2025-04-22
2025-03-310.32880.430.101230 
2025-02-20
2024-12-310.40550.37-0.0355
2024-10-23
2024-09-300.440.4-0.04
2024-07-24
2024-06-300.310.340.03
2024-04-24
2024-03-31-0.150.140.29193 
2024-02-22
2023-12-310.250.19-0.0624 
2023-10-25
2023-09-300.320.380.0618 
2023-07-26
2023-06-300.290.18-0.1137 
2023-04-26
2023-03-310.080.05-0.0337 
2023-02-23
2022-12-310.190.06-0.1368 
2022-10-26
2022-09-300.110.230.12109 
2022-07-27
2022-06-300.120.07-0.0541 
2022-04-27
2022-03-31-0.04-0.06-0.0250 
2022-02-24
2021-12-31-0.00130.050.05133946 
2021-10-27
2021-09-300.04-0.01-0.05125 
2021-07-28
2021-06-300.040.10.06150 
2021-04-28
2021-03-31-0.060.030.09150 
2021-02-24
2020-12-31-0.20.020.22110 
2020-10-28
2020-09-30-0.15-0.18-0.0320 
2020-07-29
2020-06-30-0.21-0.140.0733 
2020-05-13
2020-03-31-0.190.040.23121 
2020-02-24
2019-12-31-0.210.030.24114 
2019-10-30
2019-09-30-0.22-0.3-0.0836 
2019-07-24
2019-06-30-0.25-0.32-0.0728 
2019-04-29
2019-03-31-0.45-0.240.2146 
2019-02-13
2018-12-31-0.260.070.33126 
2018-10-24
2018-09-30-0.16-0.140.0212 
2018-07-25
2018-06-30-0.25-0.230.02
2018-04-25
2018-03-31-0.32-0.41-0.0928 
2018-02-22
2017-12-31-0.1-0.080.0220 
2017-10-25
2017-09-300.03-0.01-0.04133 
2017-07-26
2017-06-30-0.010.020.03300 
2017-04-26
2017-03-31-0.1-0.080.0220 
2017-02-08
2016-12-310.01-0.11-0.121200 
2016-10-27
2016-09-300.160.170.01
2016-07-21
2016-06-300.280.23-0.0517 
2016-04-25
2016-03-310.350.26-0.0925 
2016-02-10
2015-12-310.580.28-0.351 
2015-10-28
2015-09-300.690.760.0710 
2015-07-22
2015-06-300.680.760.0811 
2015-04-22
2015-03-310.620.70.0812 
2015-02-11
2014-12-310.990.990.0
2014-10-29
2014-09-301.131.160.03
2014-07-23
2014-06-301.011.020.01
2014-04-23
2014-03-310.80.840.04
2014-02-18
2013-12-310.840.860.02
2013-10-28
2013-09-300.930.960.03
2013-07-24
2013-06-300.840.910.07
2013-04-23
2013-03-310.60.690.0915 
2013-02-13
2012-12-310.720.740.02
2012-10-29
2012-09-300.780.780.0
2012-07-25
2012-06-300.670.670.0
2012-04-25
2012-03-310.460.470.01
2012-02-15
2011-12-310.520.540.02
2011-10-26
2011-09-300.580.57-0.01
2011-07-27
2011-06-300.480.520.04
2011-04-27
2011-03-310.350.390.0411 
2011-02-16
2010-12-310.420.440.02
2010-10-26
2010-09-300.470.550.0817 
2010-07-28
2010-06-300.40.480.0820 
2010-04-28
2010-03-310.370.390.02
2010-02-17
2009-12-310.40.410.01
2009-10-28
2009-09-300.430.450.02
2009-07-29
2009-06-300.410.440.03
2009-04-29
2009-03-310.340.40.0617 
2009-02-18
2008-12-310.460.470.01
2008-10-30
2008-09-300.480.50.02
2008-07-30
2008-06-300.450.470.02
2008-04-30
2008-03-310.370.370.0
2008-02-20
2007-12-310.410.410.0
2007-11-01
2007-09-300.430.480.0511 
2007-08-01
2007-06-300.360.430.0719 
2007-05-01
2007-03-310.260.280.02
2007-02-21
2006-12-310.280.280.0
2006-10-31
2006-09-300.290.350.0620 
2006-08-02
2006-06-300.250.280.0312 
2006-05-04
2006-03-310.180.230.0527 
2006-02-21
2005-12-310.170.180.01
2005-10-31
2005-09-300.150.170.0213 
2005-07-28
2005-06-300.120.140.0216 
2005-04-28
2005-03-310.10.10.0
2005-02-21
2004-12-310.120.11-0.01
2004-11-02
2004-09-300.120.130.01
2004-08-03
2004-06-300.110.110.0
2004-05-03
2004-03-310.050.050.0
2004-02-18
2003-12-310.060.060.0
2003-11-10
2003-09-300.090.090.0
2003-08-11
2003-06-300.080.080.0
2003-05-06
2003-03-310.060.060.0
2003-02-19
2002-12-310.090.090.0
2002-11-05
2002-09-300.090.120.0333 
2002-07-26
2002-06-300.10.110.0110 
2002-04-30
2002-03-310.090.110.0222 
2002-02-13
2001-12-310.090.10.0111 
2001-10-31
2001-09-300.10.110.0110 
2001-07-31
2001-06-300.070.080.0114 
2001-05-03
2001-03-310.050.060.0120 
2001-02-14
2000-12-310.040.050.0125 
2000-11-06
2000-09-300.070.05-0.0228 
2000-08-08
2000-06-300.030.030.0
2000-05-18
2000-03-310.040.040.0
2000-02-07
1999-12-310.040.040.0
1999-11-08
1999-09-300.050.050.0
1999-08-05
1999-06-300.050.060.0120 
1999-05-19
1999-03-310.050.060.0120 
1999-02-08
1998-12-310.070.070.0
1998-11-04
1998-09-300.080.090.0112 
1998-08-05
1998-06-300.070.070.0
1998-05-19
1998-03-310.050.050.0
1998-02-09
1997-12-310.050.050.0
1997-11-05
1997-09-300.070.070.0
1997-08-05
1997-06-300.050.060.0120 
1997-05-15
1997-03-310.030.040.0133 
1997-02-06
1996-12-310.050.070.0240 
1996-11-05
1996-09-300.050.050.0
1996-08-05
1996-06-300.040.040.0
1996-05-22
1996-03-310.010.020.01100 
1996-02-05
1995-12-310.030.040.0133 
1995-11-08
1995-09-300.040.050.0125 

Use Oceaneering International in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Oceaneering International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Oceaneering International will appreciate offsetting losses from the drop in the long position's value.

Oceaneering International Pair Trading

Oceaneering International Pair Trading Analysis

The ability to find closely correlated positions to Oceaneering International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oceaneering International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Oceaneering International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Oceaneering International to buy it.
The correlation of Oceaneering International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oceaneering International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oceaneering International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Oceaneering International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Oceaneering International position

In addition to having Oceaneering International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Conservative Funds Thematic Idea Now

Conservative Funds
Conservative Funds Theme
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Conservative Funds Theme or any other thematic opportunities.
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When determining whether Oceaneering International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oceaneering International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oceaneering International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceaneering International Stock:
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For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
To fully project Oceaneering International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Oceaneering International at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Oceaneering International's income statement, its balance sheet, and the statement of cash flows.
Potential Oceaneering International investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Oceaneering International investors may work on each financial statement separately, they are all related. The changes in Oceaneering International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Oceaneering International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.