Oceaneering International, Inc. (OII) Stock Price & Analysis

Oceaneering International, Inc. (OII) closed at USD 36.62 on Thursday, October 22, 2026, down 16.94% on the day. The US market is currently closed; this is not a live price.

The prior close was USD 44.09; the Oct 22, 2026 session ranged USD 34.93–40.39 on volume of 3,453,452 shares. Market capitalization is $3.64B, with a 52-week range of USD 22.13–54.25 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 07:53 UTC.

Also available as compact Markdown for AI agents: nexqual.com/OII.md

Key facts (OII)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (OII)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$1.87B$2.07B$2.42B$2.66B$2.78B$2.91B
Gross profit$264M$307M$399M$485M$568M—
Operating income$39.8M$111M$181M$246M$305M$304M
Net income-$49.3M$25.9M$97.4M$147M$354M$331M
EPS (diluted)-$0.49$0.26$0.95$1.44$3.49—
Free cash flow$175M$39.8M$109M$96.1M$208M$288M
Gross margin14.1%14.9%16.5%18.2%20.4%—
Operating margin2.1%5.4%7.5%9.3%10.9%10.4%
Net margin-2.6%1.3%4.0%5.5%12.7%11.4%
Revenue growth+2.3%+10.5%+17.4%+9.8%+4.6%—
Cash + short-term investments$545M$575M$462M$505M$696M—
Total debt$702M$701M$477M$482M$487M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Sep 30, 2026) (OII)

P/E 11.0x · P/S 1.3x · EV/EBITDA 8.3x · EV/Sales 1.2x · P/FCF 12.7x · P/B 3.0x · FCF yield 7.90% · Earnings yield 9.09% · Buyback yield (TTM) 0.69% · Net cash $251M · EV $3.39B

P/E at fiscal year-ends: Dec 2025 6.9x, Dec 2024 18.1x, Dec 2023 22.3x.

Insider sales (SEC Form 4, open-market, last ~7 months) (OII)

1 of 8 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-10-01Larson Roderick A.President and CEO6,000$265K0.9%Yes (adopted June 30, 2026)Too little history (no open-market trades in 2023–2025)
2026-08-07Murphy Paul B JrDirector10,000$484K12.7%NoToo little history (no open-market trades in 2023 or 2024)
2026-07-30Dyer Christopher JSVP, OPGroup1,200$57K5%NoToo little history (no open-market trades in 2024 or 2025)
2026-07-30McEvoy M KevinDirector3,000$144K2.2%NoToo little history (no open-market trades in 2023 or 2025)
2026-07-30Childress EarlSVP, Chief Commercial Ofc.12,701$593K35.7%NoToo little history (no open-market trades in 2025)
2026-06-30Goodwin Deanna LDirector7,000$285K16.3%NoToo little history (no open-market trades in 2024 or 2025)
2026-05-18Larson Roderick A.President and CEO5,000$191K0.8%NoToo little history (no open-market trades in 2023–2025)
2026-05-12…2026-05-13McDonald Martin JSVP, Subsea Robotics70,000$2.7M58.7%NoToo little history (no open-market trades in 2023–2025)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (OII)

Consensus Sell (mean 3.50 on a 1–5 scale), 4 analysts; mean target USD 46 (low 38, high 52).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-08-11CitigroupTarget raisedNeutral$40 → $52
2026-07-27BarclaysTarget raisedEqual-Weight$39 → $47

Total return (dividends reinvested) (OII)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+53.9%+137.8%
S&P 500 (SPY)+14.9%+80.3%
Per year+54.1%+18.9%
Volatility (annualized)49.2%51.3%
Max drawdown-32.3% (Aug 2026→Oct 2026)-53.7% (Mar 2022→Sep 2022)

OII revenue by business segment (quarter ended Sep 30, 2026)

LineRevenueShare of totalYoY
Subsea Robotics Member$233.0M29.7%+6.5%
Offshore Projects Group$172.5M22.0%+0.9%
Manufactured Products Member$168.2M21.4%+7.5%
Aerospace and Defense Technologies Member$135.1M17.2%+7.3%
Integrity Managements & Digital Solutions Member$75.8M9.7%+7.1%
Total revenue$784.6M100%—

OII revenue by product line (fiscal year ended Dec 31, 2025)

LineRevenueShare of totalYoY
Service$2.21B79.3%+5.2%
Product$576.0M20.7%+2.4%
Total revenue$2.78B100%—

OII revenue by region (quarter ended Sep 30, 2026)

LineRevenueShare of totalYoY
Non-US$455.3M58.0%+12.4%
— United Kingdom (part of Non-US)$112.0M14.3%+26.2%
— Africa (part of Non-US)$101.4M12.9%-3.2%
— Norway (part of Non-US)$73.6M9.4%+8.0%
— Brazil (part of Non-US)$64.0M8.2%+8.0%
— Asia Pacific (part of Non-US)$63.1M8.0%+4.5%
— Other Geographical (part of Non-US)$41.2M5.3%+73.2%
UNITED STATES$329.2M42.0%-2.5%
Total revenue$784.6M100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

OII company outlook (results filed Oct 21, 2026)

Analysts expect $717.7M for the current quarter, 697.5% above the midpoint of the company's guidance ($90.0M).

Quoted word-for-word from the SEC 8-K results press release.

OII analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Dec 2026)$0.50$0.47+5.5%$717.7M3
Next quarter (ends Mar 2027)$0.47$0.00—$721.0M2
Current fiscal year (ends Dec 2026)$2.06$1.89+9.0%$2.95B2
Next fiscal year (ends Dec 2027)$2.32$2.08+11.4%$3.06B3

OII options: expected move

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262947.6%±11.0%
Dec 18, 20265746.4%±14.7%
Jan 15, 20278543.6%±17.1%
Mar 19, 202714846.0%±23.2%
Apr 16, 202717647.1%±25.7%
May 21, 202721149.4%±29.2%
Aug 20, 202730249.3%±34.8%
Nov 19, 202739349.7%±40.1%

30-day implied volatility 47% vs 63.9% realized over the last 30 trading days. Put/call ratio (volume) 0.73. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 07:53 UTC)

PriceUSD 36.62
Change▼ 16.94% (down)
Previous CloseUSD 44.09
OpenUSD 39.43
Day RangeUSD 34.93 – 40.39
52-Week RangeUSD 22.13 – 54.25
Volume3,453,452 shares
Market Cap$3.64B
ExchangeNYQ

Technical Analysis (OII)

Nexqual's technical model rates OII "SELL" based on 3 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 07:53 UTC.

Overall SignalSELL
RSI (14)22.04 (oversold)
vs SMA50Below (USD 47.58)
MACD-1.48 (negative)

Analyst Ratings (OII)

Wall Street analysts rate OII "Sell" based on 4 analysts, with a mean price target of USD 46 (range USD 38–52), per Nexqual as of October 23, 2026 at 07:53 UTC.

Consensus RatingSell
Analyst Count4
Mean TargetUSD 46
High TargetUSD 52
Low TargetUSD 38
Buy / Hold / Sell0 / 3 / 1

Earnings (OII)

Next Earnings Date2026-10-21
EPS EstimateUSD 0.5
Revenue Estimate$717.71M

Recent Earnings History

QuarterActual vs Estimate
2026-09-30USD 0.5 vs est 0.59 ▼ miss
2026-06-30USD 0.63 vs est 0.45 ▲ beat
2026-03-31USD 0.3 vs est 0.33 ▼ miss
2025-12-31USD 0.45 vs est 0.31 ▲ beat

Source: Nexqual, October 23, 2026 at 07:53 UTC.

Financials & Fundamentals (OII)

Total Revenue$2.87B
Revenue Growth (latest quarter, YoY)+10.00%
Gross Margin+19.82%
Operating Margin+11.49%
Profit Margin+12.19%
ROE+34.57%
Debt / Equity0.7
Current Ratio2.18
Total Cash$636.47M
Total Debt$822.16M
Free Cash Flow (last four quarters to Sep 2026, SEC 10-Q / 10-K)$288.11M (9.9% of revenue)

Source: Nexqual, October 23, 2026 at 07:53 UTC.

Financial Health Score (OII)

Nexqual rates Oceaneering International, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 07:53 UTC.

GrowthMixed — Revenue +4.6% YoY (annual), slow
ProfitabilityMixed — Gross margin 20%, operating 11% (last 12 months)
Balance SheetStrong — $742M cash and investments vs $491M debt (Sep 2026, SEC), net cash
Cash FlowSolid — FCF $288M (last 4 quarters to Sep 2026, SEC), 10% margin
EfficiencyStrong — ROE 35%, ROA 7.4%

Ownership (OII)

Insider Ownership+1.28%
Institutional Ownership+108.15%
Shares Outstanding99.53M
Float97.97M
Short % of Float+9.68%

Source: Nexqual, October 23, 2026 at 07:53 UTC.

Leadership (OII)

Oceaneering International, Inc. is led by Roderick A. Larson, President, CEO & Director, per Nexqual as of October 23, 2026 at 07:53 UTC.

President, CEO & DirectorRoderick A. Larson
Senior VP & COOBenjamin M. Laura
Senior Vice President of Subsea RoboticsMartin J. McDonald
Senior VP & Chief Financial OfficerMichael W. Sumruld
Senior Director of Investor RelationsHilary Frisbie

Major Backers & Investors (OII)

Notable institutional backers of Oceaneering International, Inc. include Brown Advisory Inc., American Century Companies Inc, Earnest Partners LLC, according to Nexqual as of October 23, 2026 at 07:53 UTC.

Active Investors

InvestorStake
Brown Advisory Inc.4.99%
American Century Companies Inc4.04%
Earnest Partners LLC3.56%
Neuberger Berman Group, LLC3.24%
Morgan Stanley3.08%
Franklin Value Investors Trust-FRANKLIN SMALL CAP VALUE FUND1.78%

Index Funds (Passive)

FundStake
BlackRock16.48%
Vanguard Group12.47%
State Street5.02%
Dimensional Fund Advisors3.56%

Source: Nexqual, October 23, 2026 at 07:53 UTC.

From Oceaneering International, Inc.'s Latest SEC 10-K Filing (filed 2026-02-20)

Key Strengths & Strategy (as disclosed to the SEC)

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 07:53 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt