OCEANEERING INTERNATIONAL INC · Oil & Gas Field Services, NEC

OII

Low riskNext report: Around Feb 17, 2027 (est.)

View price ↗

The short version

A profitable company with steady sales. Institutions are adding.

Going well

Profitable
Brings in more cash than it spends
High return on equity: 40%

Money moves

Insiders sold $265K in the last 30 days
Institutions added 2.7% to their holdings in the quarter ending June 2026 (207 bought, 161 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$40.25+2.5% that day

Company value: $4.0B; Share price times all shares
Price vs profit (P/E): 12.3x; You pay about $12 for each $1 of yearly profit
Price vs sales: 1.4x; Company value is 1.4 times a year of sales
Cash vs value: 18%; Cash as a share of company value
Debt vs value: 12%; Debt as a share of company value

From OII's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Sep '26

$784.6M+5.6% vs a year earlier

Dec '23Tap a barSep '26

Last 12 months: $2.9B, up 3.0% from the 12 months before. Over 5 years, sales grew about 8.8% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of OII. Starting points are the company's recent numbers.

Sales growth+3% a yearRecently: +3.0% a yearProfit margin12%Last 12 months: 12.1%P/E at the end12xToday: 12.3x. Many steady companies trade at 12x to 25xShare count change0% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$3.4B

Profit in 5 years$405M

Price these guesses point to$48.92+22% vs $40.25 todayAbout +4.0% a year, before dividends

What today's price needs: with a 12% margin and a 12x P/E, sales could shrink about 0.9% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

5/7Mixed

PassReturn on equity 15%+Earns a lot on the money owners have in the business.39.6%
PassDebt under half of equityNot relying on borrowed money.0.46x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.12.7%
MissProfitable every yearSteady profits, not one good year.6 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$207.8M
PassShare count not growingNot diluting owners. Falling means buybacks.-0.2% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.20.4%

Revenue: $2.8B; +4.6% vs prior year
5-year growth: +8.8%/yr; revenue, per year
Total debt: $487.4M; 0.46x equity
Current ratio: 1.99x; short-term assets / bills due

From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Sep 30, 2026

Reported Oct 21After close5:01 pm ET

Revenue: $784.6M; +5.6% YoY
EPS: $0.52; vs $0.71
Op. margin: 11.7%; +0.1 pts
Gross margin: 21.0%; +0.4 pts
Free cash flow: $141.9M
Share count: -0.2%; vs a year ago

Insider rating

Last 90 days

36Selling

1 insider sold $265K (not pre-planned)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

65/ 100

This week: 2
Normal week: 1.1
vs normal: 1.8x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Accumulating+2.7%

Institutions added 2.7% to their holdings. 207 bought, 161 sold. 4 quarters of net buying in a row.

Shares held by institutions104.3M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

-0.4%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.4x · $491.4M debt

Shares outstandingLatest reported

99M

Earnings reports

Last 12

Next reportAround Feb 17, 2027 (est.)Estimated from the same quarter last year

Results filedOct 21
Results filedJul 22
Results filedApr 22
Results filedFeb 18
Results filedOct 22, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (passive)Aug 14 · View filing ↗Big holder

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$265K1 insider, 0 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Roderick A. LarsonPresident and CEO	Sell	6K	$44.16	$265K	391K	Oct 1Filing ↗
-1.5% of their holdings $43.61 to $44.38 across 2 trades Held LFV, LP Not a pre-planned sale Also Director Filed 4 days after