Oceaneering International, Inc.

OIINYSEEnergy● Active

$39.33

+$2.18(+5.85%)

Market Cap$3.9B

P/E Ratio—

52W High$40.12

52W Low$19.69

Avg Volume1.1M

Open$38.39

Beta1.16

Free Cash Flow Financials Revenue

Oceaneering International, Inc. (OII) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

OII · free cash flow · updated Jun 8, 2026

Core FCF metrics

OII · FCF · TTM · margin & CAGR

Free cash flow was $207.8M for FY2025 (fiscal year ending 2025-12-31), up 116.3% year-over-year The FCF margin was 7.5%. Five-year CAGR stands at +22.3%.

FY2025 Free Cash Flow$207.8M▲ +116.3% YoY

Trailing 12M (TTM)$240.1Mtrailing 4 quarters sum

FCF Margin7.5%$207.8M ÷ revenue

3-Year CAGR+73.4%FY2022 → FY2025

5-Year CAGR+22.3%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

OII · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$318.9M(111M)$207.8M▲ +116.3%7.5%

FY2024$203.2M(107M)$96.1M▼ 12.0%3.6%

FY2023$210.0M(101M)$109.2M▲ +174.2%4.5%

FY2022$120.9M(81M)$39.8M▼ 77.2%1.9%

FY2021$225.3M(50M)$175.1M▲ +130.5%9.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

OII · P/FCF · FCF yield · FCF per share

Oceaneering International, Inc. (OII) trades at a FCF yield of 6.12% and a price-to-free-cash-flow ratio of 16.6x. FCF per share stands at $2.37, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.12%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.37

TTM FCF ÷ Shares Outstanding

Price / FCF

x16.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x17.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

OII · cash flow statement · operating / investing / financing

For FY2025, Oceaneering International, Inc. generated $318.9M in operating cash flow and spent 111M in capital expenditures, yielding $207.8M in free cash flow.

Operating Activities

+$318.9M

Cash from core business operations

2025-12-31

Investing Activities

−$96.2M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$45.6M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($318.9M) − |CapEx| (111M) = FCF ($207.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

OII vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Oceaneering International, Inc.YOU

OII

$207.8M+116.3%7.5%

Exxon Mobil Corporation

Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Oceaneering International, Inc. (OII) reported free cash flow of $207.8M for FY2025 (fiscal year ending 2025-12-31), up 116.3% year-over-year. The FCF margin was 7.5%.

Based on available data, Oceaneering International, Inc. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $360.4M in FY2015. The 5-year CAGR stands at +22.3%.

Oceaneering International, Inc.'s FCF yield is 6.12% and price-to-FCF ratio is 16.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

OII free cash flow · 8 questions

Oceaneering International, Inc. free cash flow was $207.8M for FY2025, up 116.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $240.1M.

OII free cash flowOII FCFOII FCF 2025OII free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Oceaneering International, Inc. · Oceaneering International, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026