Loading…
Oceaneering International, Inc.
🏹 Trader: 🚀 Stage 2 + Near High 📈 Stage 2 🎯 Near 52W High | BRS 86 Ready View all →
📈 Stage 2 detected Find the fundamental catalyst → → run Growth Triggers in Ask AI
$5.1B
Market Cap
6.9
P/E
0.54
PEG
26.2%
ROCE
39.4%
ROE
0.81
D/E
10.9%
OPM
-5.6%
% from 52W High
93
α RS
🔍 OII is showing a high-conviction setup because it matches 9 of 39 tracked screener presets, Sector RRG has Energy in the Leading quadrant with the trail still strengthening, and RS Rating is 93 (top decile vs market). Net: Broad signal stack, not a recommendation. ? Conviction RRG RS Rating
Sources
Conviction 9/39 · Energy in Leading quadrant · RS Rating 93
⚖️ Compare 🔒 Generate Report 🔒 Research Packet 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for OII including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Oceaneering International, Inc. provides engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries in the United States, Africa, the United Kingdom, Norway, Brazil, Asia, Australia, and internationally. It operates through five segments: Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies. The Subsea Robotics segment offers remotely operated vehicles (ROVs) for drill support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair; ROV tooling; and survey services comprising hydrographic survey and positioning services and autonomous underwater vehicles for geoscience. Its Manufactured Products segment provides distribution and connection systems, such as production control umbilicals and field development hardware and pipeline connection and repair systems; connectors and subsea and topside control valves primarily to the energy industry; and autonomous mobile robotic technology to various industries. The Offshore Projects Group segment offers subsea installation and intervention, including riserless light well intervention services, inspection, maintenance and repair services; installation and workover control systems and ROV workover control systems; diving services; project management and engineering; and drill pipe riser services and systems and wellhead load relief solutions. Its Integrity Management & Digital Solution segment provides asset integrity management services, as well as software, digital, and connectivity solutions for the energy industry. The Aerospace and Defense Technologies segment offers services and products, such as engineering and related manufacturing in defense and space exploration activities. The company was founded in 1964 and is headquartered in Houston, Texas.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
Loading…
⭐ Superinvestors Holding OII
View All Superinvestors →
Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 85.0K $3.0M 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Confident Specific → Stable 4 quarters Full tone analysis in Intelligence →
📊 MIXED Oceaneering Q1 2026: Revenue $692M, adjusted EBITDA $83.7M, orders ~$1B, reaffirming FY EBITDA guidance $390-440M.
Revenue & Profitability
Q1 2026 revenue was $692 million (up 3% YoY), operating income $57.8 million (down 21%), net income $36 million ($0.36 per share, down 28%), and adjusted EBITDA $83.7 million (down 13%). Free cash flow was negative $76.5 million, an improvement of $30 million from Q1 2025. The company ended the quarter with $607 million in cash and $822 million in total liquidity.
Outlook
Management expects a sequential improvement in Q2 2026 and reaffirms full-year guidance of low- to mid-single-digit revenue growth and EBITDA of $390-440 million. The company anticipates an acceleration in energy market activity in the second half, with potential for incremental OpEx-oriented work earlier. ADTECH demand benefits from government funding consistency, while Middle East conditions remain uncertain.
Growth Drivers
Key growth levers include SSR awards of ~$300 million (including multi-year contracts), ADTECH awards of ~$175 million, and strong performance in Rotator valves. The Ocean Intervention II survey vessel secured multiple contracts for the next three quarters. Manufactured products backlog of $492 million is expected to rebuild in Q2 and Q3, with a robust sales funnel.
Balance Sheet & CapEx
In Q1 2026, organic capital expenditures were $17.4 million, with 54% allocated to growth and 46% to maintenance. Investments include mobilization of the Momentum ROV in Q2 and continued development of the Freedom autonomous vehicle for upcoming defense customer trials. No full-year CapEx guidance was provided.
Margins
SSR EBITDA margin was 32% in Q1, expected to rebound in Q2 and reach mid-30% for the full year. Manufactured products operating margin was 18% (excluding prior-year reserve), with full-year mid-teens guidance. OPG margins were 14% in Q1, forecast mid-teens. ADTECH margins are low teens, and IMDS margins are mid-single-digit. Unallocated expenses run ~$50 million per quarter.
Key Risks
Risks include the Middle East conflict causing intermittent disruption, especially in IMDS, and the potential for further escalation. The ADTECH contract dispute resulted in a $5.5 million accrual for expected resolution. Geographic mix shifts may pressure margins, and share repurchases were paused due to price volatility.
Generated by AI · Q1 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
🔍
🔎 See cross-company document search → ?
📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-23
Second quarter 2026 results exceeded guidance, with 10% revenue growth and record adjusted EBITDA, driven by strong performance in OPG and SSR. Full-year EBITDA guidance was raised, and liquidity was enhanced through refinancing. Energy and defense segments saw major contract wins.
Q1 2026 Q1 2026 2026-04-23
First quarter 2026 results met guidance with revenue up 3% year-over-year and strong order intake. ADTECH led segment growth, while SSR and manufactured products also improved. Full-year guidance is reaffirmed, with expectations for stronger energy market activity in the second half.
Q4 2025 Q4 2025 2026-02-19
Strong 2025 execution led to higher cash, improved margins, and record ADTech contract wins. 2026 guidance calls for modest revenue and EBITDA growth, with ADTech as the main driver and energy markets expected to recover in the second half.
Q3 2025 Q3 2025 2025-10-23
Q3 2025 saw a 9% revenue increase and record adjusted EBITDA, driven by strong backlog conversion and robust activity across segments. 2025 and 2026 guidance reflects stable energy business, significant AdTech growth, and continued capital returns.
Q2 2025 Q2 2025 2025-07-24
Q2 2025 saw 20% adjusted EBITDA growth and broad segment improvements, with strong cash flow and share repurchases. Full-year guidance was tightened upward, and major contract wins in defense and manufacturing support a positive outlook.
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Catalyst Timeline.

Every result, order win, insider trade, ECS update, earnings-call, and SEC announcement for this company — in one chronological lane.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.