Oceaneering International was founded in 1964 and is headquartered in Houston, US

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

Oceaneering International's revenue was reported to be $446.2 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 446.2 m |

## Gross profit (Q1, 2017) | 44.9 m |

## Gross profit margin (Q1, 2017), % | 10% |

## Net income (Q1, 2017) | (7.5 m) |

## EBIT (Q1, 2017) | (150 k) |

## Market capitalization (25-Jul-2017) | 2.4 b |

## Cash (31-Mar-2017) | 462.5 m |

Oceaneering International's current market capitalization is $2.4 b.

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 3.3 b | 3.7 b | 3.1 b | 2.3 b |

## Revenue growth, % | 11% | (16%) | (26%) | |

## Cost of goods sold | 2.5 b | 2.8 b | 2.5 b | 2 b |

## Gross profit | 765.5 m | 859.2 m | 605.4 m | 279.2 m |

## Gross profit Margin, % | 23% | 23% | 20% | 12% |

## General and administrative expense | 220.4 m | 238.7 m | ||

## Operating expense total | 220.4 m | 238.7 m | ||

## EBIT | 545.1 m | 628.3 m | 373.8 m | 70.8 m |

## EBIT margin, % | 17% | 17% | 12% | 3% |

## Interest expense | 2.2 m | 4.7 m | ||

## Interest income | 554 k | 293 k | 607 k | 3.9 m |

## Pre tax profit | 542.3 m | 623.5 m | 336.3 m | 43.3 m |

## Income tax expense | 170.8 m | 195.1 m | 105.3 m | 18.8 m |

## Net Income | 371.5 m | 428.3 m | 231 m | 24.6 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 810.3 m | 743.6 m | 608.3 m | 625.5 m | 549.3 m | 446.2 m | |||

## Cost of goods sold | 642.8 m | 575.3 m | 510.9 m | 530.3 m | 513.8 m | 401.3 m | |||

## Gross profit | 167.5 m | 168.3 m | 97.5 m | 95.2 m | 35.4 m | 44.9 m | |||

## Gross profit Margin, % | 21% | 23% | 16% | 15% | 6% | 10% | |||

## EBIT | 107.9 m | 113.5 m | 48.1 m | 38.4 m | (11.9 m) | (150 k) | |||

## EBIT margin, % | 13% | 15% | 8% | 6% | (2%) | (0%) | |||

## Interest income | 51 k | 229 k | 295 k | 1.4 m | 684 k | 1.3 m | |||

## Net Income | 201.5 m | 325.9 m | 69.5 m | 135 m | 203.5 m | 25.1 m | 47.4 m | 35.6 m | (7.5 m) |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 91.4 m | 430.7 m | 385.2 m | 450.2 m |

## Inventories | 441.8 m | 375.6 m | 328.5 m | 280.1 m |

## Current Assets | 1.4 b | 1.7 b | 1.5 b | 1.3 b |

## Goodwill | 344 m | 331.5 m | 426.9 m | 443.6 m |

## Total Assets | 3.1 b | 3.5 b | 3.4 b | 3.1 b |

## Accounts Payable | 129.6 m | 123.7 m | 118.3 m | 77.6 m |

## Total Debt | 793.1 m | |||

## Current Liabilities | 727.1 m | 679.1 m | 616 m | 508.4 m |

## Additional Paid-in Capital | 222.4 m | 229.6 m | 230.2 m | 227.6 m |

## Retained Earnings | 1.9 b | 2.2 b | 2.4 b | 2.3 b |

## Total Equity | 2 b | 1.7 b | 1.6 b | 1.5 b |

## Debt to Equity Ratio | 0.5 x | |||

## Debt to Assets Ratio | 0.3 x | |||

## Financial Leverage | 1.5 x | 2.1 x | 2.2 x | 2.1 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 103.3 m | 74.6 m | 304.5 m | 190.6 m | 271.2 m | 370.9 m | 393.2 m | 441.6 m | 462.5 m |

## Inventories | 441.5 m | 434.4 m | 379.8 m | 377 m | 373.2 m | 352.1 m | 343 m | 297.2 m | 297.6 m |

## Current Assets | 1.5 b | 1.6 b | 1.6 b | 1.5 b | 1.5 b | 1.4 b | 1.4 b | 1.4 b | 1.2 b |

## Goodwill | 370.5 m | 360.2 m | 314.8 m | 435.6 m | 421.6 m | 443.1 m | 438.9 m | 448.3 m | 445.5 m |

## Total Assets | 3.4 b | 3.4 b | 3.4 b | 3.5 b | 3.4 b | 3.4 b | 3.3 b | 3.2 b | 3.1 b |

## Accounts Payable | 176.2 m | 143.1 m | 121.1 m | 135.8 m | 92.9 m | 76.9 m | 100 m | 95.3 m | 86.9 m |

## Current Liabilities | 767.1 m | 725.5 m | 601.8 m | 663 m | 623.8 m | 523.2 m | 497.6 m | 501.1 m | 477.5 m |

## Common Stock | 27.7 m | 27.7 m | 27.7 m | 27.7 m | 27.7 m | 27.7 m | 27.7 m | 27.7 m | 27.7 m |

## Additional Paid-in Capital | 220.1 m | 224.6 m | 216.3 m | 220.6 m | 224.6 m | 217.9 m | 221.5 m | 223.7 m | 218.3 m |

## Retained Earnings | 2.1 b | 2.2 b | 2.3 b | 2.3 b | 2.4 b | 2.4 b | 2.4 b | 2.3 b | 2.3 b |

## Total Equity | 2.2 b | 2 b | 1.6 b | 1.6 b | 1.6 b | 1.6 b | 1.6 b | 1.6 b | 1.5 b |

## Financial Leverage | 1.6 x | 1.7 x | 2.1 x | 2.2 x | 2.2 x | 2.1 x | 2.1 x | 2.1 x | 2.1 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 371.5 m | 428.3 m | 231 m | 24.6 m |

## Depreciation and Amortization | 202.2 m | 229.8 m | 241.2 m | 250.2 m |

## Accounts Receivable | (100 m) | (8.5 m) | 179 m | 123 m |

## Inventories | (110 m) | 66.3 m | 59.2 m | 17.8 m |

## Cash From Operating Activities | 528.9 m | 721.8 m | 560.4 m | 340.5 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) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 201.5 m | 325.9 m | 69.5 m | 135 m | 203.5 m | 25.1 m | 47.4 m | 35.6 m | (7.5 m) |

## Depreciation and Amortization | 109.4 m | 169 m | 58 m | 121.5 m | 183.5 m | 59.8 m | 119.8 m | 194 m | 53.7 m |

## Accounts Receivable | (73.3 m) | (152.5 m) | 3.5 m | 5.3 m | 98.4 m | 35.6 m | 65.7 m | 102.4 m | 60 m |

## Inventories | 418 k | 7.5 m | (4.2 m) | 1.4 m | 5.1 m | (23.7 m) | (14.6 m) | 768 k | (17.5 m) |

## Accounts Payable | 29.1 m | (12.9 m) | (80.7 m) | (40.9 m) | (80.1 m) | (95.6 m) | (121.1 m) | (163.4 m) | (30.6 m) |

## Cash From Operating Activities | 274.5 m | 384.1 m | 8.1 m | 200.5 m | 373.1 m | 53.6 m | 145.7 m | 262.8 m | 59 m |

## Purchases of PP&E | (221.7 m) | (301.5 m) | (49.4 m) | (94.8 m) | (139.2 m) | (21.2 m) | (52.9 m) | (83.4 m) | (17.8 m) |

## Cash From Investing Activities | (257.4 m) | (335.6 m) | (48.2 m) | (322.6 m) | (385.1 m) | (37.5 m) | (77.2 m) | (117.4 m) | (30.7 m) |

## Cash From Financing Activities | (5.2 m) | (65.4 m) | (83.5 m) | (104.9 m) | (131.3 m) | (29.5 m) | (56 m) | (82.4 m) | (16.6 m) |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 48 k |

## Financial Leverage | 2.1 x |

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