Oceaneering International

Oceaneering pushes the frontiers of deep water, space and motion entertainment environments to execute with new, leading-edge connections to solve tomorrow’s challenges, today. As the trusted subsea connection specialist, our experience combined with the depth and breadth of our portfolio of technologies allows us to engineer solutions for the most complex subsea challenges. From routine to extreme, our integrated products, services, and innovative solutions safely de-risk operational systems, increase reliability, and enable a lower total cost of ownership. We are connecting what’s needed with what’s next as the world’s largest ROV operator and the leading ROV provider to the oil and gas industry with over 300 systems operating worldwide. With our safety-focused and innovative approach, we responsively and decisively react to subsea challenges while providing solutions swiftly and efficiently.
Type
Public
HQ
Houston, US
Founded
1964
Size (employees)
9,300 (est)-15%
Oceaneering International was founded in 1964 and is headquartered in Houston, US

Oceaneering International Office Locations

Oceaneering International has offices in Houston, Jandakot, Rio de Janeiro, Sandnes and in 5 other locations
Houston, US (HQ)
11911 Fm 529
Morgan City, US
5004 Railroad Ave
Hanover, US
7001 Dorsey Rd
Dubai, AE
15 Al Moosa Tower 2 Sheikh Zayed Rd
Singapore, SG
1 Kwong Min Rd
Dyce, GB
Oceaneering House Pitmedden Rd
24 Vestre Svanholmen
Rio De Janeiro, BR
123 Av. Rio Branco
Jandakot, AU
634 Karel Ave

Oceaneering International Data and Metrics

Oceaneering International Financial Metrics

Oceaneering International's revenue was reported to be $2.3 b in FY, 2016 which is a 26% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

2.3 b

Revenue growth (FY, 2015 - FY, 2016), %

(26%)

Gross profit (FY, 2016)

279.2 m

Gross profit margin (FY, 2016), %

12%

Net income (FY, 2016)

24.6 m

EBIT (FY, 2016)

70.8 m

Market capitalization (25-May-2017)

2.4 b

Closing share price (25-May-2017)

26.2

Cash (31-Dec-2016)

450.2 m
Oceaneering International's current market capitalization is $2.4 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.3 b3.7 b3.1 b2.3 b

Revenue growth, %

11%(16%)(26%)

Cost of goods sold

2.5 b2.8 b2.5 b2 b

Gross profit

765.5 m859.2 m605.4 m279.2 m

Gross profit Margin, %

23%23%20%12%

General and administrative expense

220.4 m238.7 m

Operating expense total

220.4 m238.7 m

EBIT

545.1 m628.3 m373.8 m70.8 m

EBIT margin, %

17%17%12%3%

Interest expense

2.2 m4.7 m

Interest income

554 k293 k607 k3.9 m

Pre tax profit

542.3 m623.5 m336.3 m43.3 m

Income tax expense

170.8 m195.1 m105.3 m18.8 m

Net Income

371.5 m428.3 m231 m24.6 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

91.4 m430.7 m385.2 m450.2 m

Accounts Receivable

Inventories

441.8 m375.6 m328.5 m280.1 m

Current Assets

1.4 b1.7 b1.5 b1.3 b

Goodwill

344 m331.5 m426.9 m443.6 m

Total Assets

3.1 b3.5 b3.4 b3.1 b

Accounts Payable

129.6 m123.7 m118.3 m77.6 m

Current Liabilities

727.1 m679.1 m616 m508.4 m

Additional Paid-in Capital

222.4 m229.6 m230.2 m227.6 m

Retained Earnings

1.9 b2.2 b2.4 b2.3 b

Total Equity

2 b1.7 b1.6 b1.5 b

Financial Leverage

1.5 x2.1 x2.2 x2.1 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

371.5 m428.3 m231 m24.6 m

Depreciation and Amortization

202.2 m229.8 m241.2 m250.2 m

Accounts Receivable

(100 m)(8.5 m)179 m123 m

Inventories

(110 m)66.3 m59.2 m17.8 m

Accounts Payable

Cash From Operating Activities

528.9 m721.8 m560.4 m340.5 m

Purchases of PP&E

(382.5 m)(386.9 m)(200 m)(112.4 m)

Cash From Investing Activities

(377.6 m)(419.5 m)(437.2 m)(169.5 m)

Cash From Financing Activities

(180.3 m)45.4 m(157 m)(97.1 m)
Numbers are in $, USDY, 2016

Revenue/Employee

206.5 k

Financial Leverage

2.1 x

Oceaneering International Market Value History

Oceaneering International Median Salaries

Source: 60 public H-1B filings from Oceaneering International

Oceaneering International Online and Social Media Presence

Oceaneering International News and Updates

Oceaneering International Company Life and Culture

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