Oceaneering International, Inc.
OII
Rank in Stocks
#3769
Headquartered in Houston, Texas, Oceaneering International, Inc., established... Headquartered in Houston, Texas, Oceaneering International, Inc., established in 1964, is a global provider of specialized engineering services, innovative products, and advanced robotic solutions. The company serves a diverse clientele spanning the offshore energy, defense, aerospace, manufacturing, and entertainment sectors. Its Subsea Robotics division deploys Remotely Operated Vehicles (ROVs) to assist drilling operations and perform vessel-based tasks such as subsea hardware deployment, construction activities, pipeline and facility inspections, maintenance, and repair. Furthermore, this segment supplies specialized ROV tooling, a range of survey services including hydrographic mapping and precise positioning, and autonomous underwater vehicles (AUVs) tailored for geoscience applications. By the close of 2021, the company maintained a fleet of 250 work-class ROVs. The Manufactured Products segment engineers and delivers essential distribution and connection systems for the energy sector, encompassing production control umbilicals, field development hardware, and pipeline connection and repair apparatus. It also supplies autonomous mobile robots, automated guided vehicle (AGV) technologies, and entertainment systems to a variety of other industries. Oceaneering's Offshore Projects Group undertakes comprehensive subsea installation and intervention, which includes riserless light well intervention, inspection, maintenance, and repair services. They also furnish installation and workover control systems (including specific ROV workover control solutions), provide expert project management and engineering, and offer drill pipe riser services and systems, alongside wellhead load relief solutions. The Integrity Management & Digital Solutions division specializes in asset integrity management. It additionally provides bespoke software and analytical tools for the bulk cargo maritime sector, coupled with broad software, digital, and connectivity solutions for the energy industry. Finally, its Aerospace and Defense Technologies segment delivers critical government services and products, encompassing engineering and manufacturing support for defense and space exploration missions, primarily catering to U.S. government agencies and their primary contractors.
Share Price
$44.51
Last synced: 2026-10-19
Market Cap
$4.43B
Change (1 day)
1.62%
Change (1 year)
88.92%
Country
US
Trade Oceaneering International, Inc. (OII)
Category
Energy
P/E ratio for Oceaneering International, Inc. (OII)
P/E ratio as of October 2026 TTM: 12.51
According to Oceaneering International, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.51. At the end of 2023 the company had a P/E ratio of 22.00.
P/E ratio history for Oceaneering International, Inc. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 12.51 | -30.08% |
| 2024 | 17.89 | -18.66% |
| 2023 | 22.00 | -67.43% |
| 2022 | 67.55 | -395.35% |
| 2021 | -22.87 | 1,340.12% |
| 2020 | -1.59 | -62.46% |
| 2019 | -4.23 | -24.62% |
| 2018 | -5.61 | -144.95% |
| 2017 | 12.49 | -88.90% |
| 2016 | 112.52 | 608.02% |
| 2015 | 15.89 | 16.20% |
| 2014 | 13.68 | -40.47% |
| 2013 | 22.97 | 14.39% |
| 2012 | 20.08 | -5.03% |
| 2011 | 21.15 | 6.43% |
| 2010 | 19.87 | 16.87% |
| 2009 | 17.00 | 111.10% |
| 2008 | 8.05 | -60.63% |
| 2007 | 20.46 | 18.82% |
| 2006 | 17.22 | -17.10% |
| 2005 | 20.77 | -10.27% |
| 2004 | 23.14 | 1.33% |
| 2003 | 22.84 | 54.09% |
| 2002 | 14.82 | -2.98% |
| 2001 | 15.28 | -42.02% |
| 2000 | 26.35 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 23.32 | 86.45% |
US
|
|
| 17.63 | 40.97% |
US
|
|
| 15.67 | 25.24% |
LU
|
|
| 17.18 | 37.33% |
US
|
|
| 23.72 | 89.63% |
GB
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.